Friday, February 21, 2020

Case studies AED Wk 8 DQ 1 Replies Coursework Example | Topics and Well Written Essays - 250 words

Case studies AED Wk 8 DQ 1 Replies - Coursework Example There should be a record on the development of the student since their birth so as to project the future thus the requirements of Brandon. The strengths of the child are particularly necessary. Brandon has the capacity to pursue his future with a little help. Exceptionalities in this case include class work, social behavior, and self esteem. The information given was adequate to give feedback that has no bias. The interest affinities of the child form a positive side thus supremely necessary. The child can improve his profile by participating in class work thus improving his level of intelligence (Wong, 2008). Exceptionalities include the social life of the child, school work and the talents of the child. There should be information regarding the level of literacy of the child because William has difficulties in reading and writing. The areas of interactions in school and at home were necessary to give feedback. The child has a bigger positive side rather than a negative side. Exceptionalities include school work and development behavior. There should be more details on the capabilities and behaviors of the child. The strengths of the child is necessary for evaluation. The child with a little help can focus and learn complex topics (Wong,

Wednesday, February 5, 2020

Asian Economic Essay Example | Topics and Well Written Essays - 1750 words

Asian Economic - Essay Example â€Å"The 1993 World Bank policy research report† (Ryan 802) named The East Asian Miracle, identified eight â€Å"high-performing Asian economies (HPAEs)† (Ryan 802) and classified them into three distinct groups according to the duration of uninterrupted â€Å"positive real economic growth rates between 1960 and 1990† (Ryan 802). Japan alone occupied the first group. By the 1960s, Japan had already become matured as an economy by maintaining a remarkably high focus on economic development. Hence it had become a leader with an enviable record showing sustained economic growth for thirty consecutive years. The second group consisted of four countries recognized as ‘four Asian tigers’; namely, Singapore, Hong Kong, Taiwan and South Korea. All these four economies had witnessed soaring economic growth rates consistently since the mid-1960s until the mid 1990s. Three other countries, Thailand, Malaysia and Indonesia, were referred to as â€Å"newly indu strializing economies (NIEs)† (Ryan 802) by the World Bank. These countries that made the third group of HPAEs had been included in the list of the HPAEs in the beginning of 1970s. The outstanding growth rates and economic performances reflected by the eight nations had one thing in common. Excepting Japan, which had been categorized as a developed country by the 1960s, all the other seven countries had adopted strategic macroeconomic policies and implemented them to manage their economic activities, coupled with carefully selected policy interventions by their individual governments. Research reveals that in all these cases, the government played a decisive role in mobilization of resources. Government policies were assisted by foreign direct investment (FDI) and technological transfer from other industrialized nations of the world, particularly Japan and the USA (Ryan 802). Causes of the financial collapse in Asian economies Heavy dependence on cheap labor input Initially, c ompetitive advantage of these countries was founded on their endowment of abundant labor. Since supply of labor was abundant in these countries, labor input was cheap, which created competitive advantage for these countries in adopting labor intensive technologies of production. However, as the knowledge intensity increased in the exports made by these countries they increasingly started to rely on highly skilled labor force that was more productive than low skilled laborers and was also more disciplined. Krugman had made a controversial contention on the phenomenon of economic growth of the Asian economies (65). The renowned economist had put that these countries would inevitably face a downfall in their economic growth. Since the lofty growth rates of these countries were achieved principally through incorporation of higher amounts of labor input along with capital input into the production process of these economies. This led to higher output and hence higher GDP, but, did not in crease the net level of productivity. This was a stage when the economies were moving along the revenue curve in the zone of increasing returns. According to Krugman, it could be anticipated that these economies would reach the range of diminishing returns (Krugman 65) that would ultimately