raised fears of a worldwide economic meltdown due to a financial contagion‚ a scenario that initially affects only a particular region of the economy that spreads to other countries whose economies were healthy‚ much like a transmitted disease. See‚ Asia attracted almost half the total capital inflow into developing countries because of the high interest rates maintained by the Southeast Asian economy‚ it attracted foreign investors looking for a high rate of return. Due to this‚ the economies received
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ECN171 Economy of East Asia Problem Set 1 The data for this problem set is posted on SmartSite in the Resources folder. It was downloaded from the Penn World Tables version 7.1‚ which is publicly available at https://pwt.sas.upenn.edu/php_site/pwt_index.php . 1. Graph the GDP [per capita] of the East Asian countries in PS1_data.xls on one graph. Which East Asian country is the largest [richest] in 1960? In 2010? When did the switch occur? 2. Calculate the growth rates (log difference‚ using natural
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The Nalanda University Bill‚ 2010 The Bill seeks to establish Nalanda University in Bihar as an international institution. The decision was arrived at the Second East Asia Summit in 2007 in Philippines about strengthening regional educational cooperation and later reiterated at the Fourth Summit in Thailand in 2009. The Bill declares the Nalanda University as an institution of national importance. It repeals the University of Nalanda Act‚ 2007. The jurisdiction of the university extends to the
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RELIGIONS IN ASIA Judaism Judaism is the predominant religion in Israel‚ which has a nominal Jewish population of about 7 million‚ though the matter of distinguishing Jewish religious‚ cultural and ethnic identity is a complex one Christianity/Christianism Christianity is a widespread minority religion in Asia. Only five countries are predominantly Christian‚Cyprus which is predominantly Greek Orthodox‚ the Philippines‚ which is the 3rd largest Roman Catholicnation in the world‚ East Timor‚ Armenia
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How similar were the achievements and limitations of nationalism in Southeast Asia before 1941? The period before 1941 can also be referred to as the pre-war period before the Japanese Occupation. The Southeast Asian nationalist movements then had similar achievements and limitations. Their achievements were scarce as the majority of the population was politically apathetic. To add to this‚ the nationalist groups often lacked mass support and military strength. The greatest achievement of these
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Isabel & Peter /NUS Business School_2013 BSP 2005 Asian Business Environments /Syllabus ‚ Lecture and Tutorial Guide Course Outline Module Code Module Title Description BSP2005 Asian Business Environments This module builds an understanding of business environments in Asia. The first part of the course focuses on macroeconomic fundamentals‚ politics‚ culture‚ and institutions in Asian countries and regions. The second part of the course explores relationships between national and regional characteristics and business
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‘In the 21st century‚ gender inequality is still prevalent in the world.’ Do you agree with this statement? Answer: 1. Gender inequality is still prevalent in the world in the 21st century. Employment inequality is present in the societies today. In terms of employment as well as promotion‚ most women are usually at a disadvantage as wage discrimination exists between the male and the female gender. Most women generally have fewer opportunities in getting a job as compared to men. A country
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was provided by communities and families allowed the government to limit it’s spending on social welfare programs and thus channel more funds into infrastructure and industry. Confucianism also placed an emphasis on self-cultivation which has helped East Asian Countries to have a skilled and ambitious work force. The tradition of self-cultivation like the work ethic that Max Weber credited Protestantism of producing lead people to strive to acquire new skills‚ speak foreign languages‚ and
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The modern period was a turbulent time for all East Asian nations. China‚ Japan‚ and Korea were all faced great challenges in the modern era and responded to them in different ways. China and Korea turned inwards initially and opened up (except for North Korea) more recently‚ while Japan was the first to modernize and has been open for decades. The first and possibly most tragic country in the modern period was China which stuck firmly to traditionalism into the 20th century and would later on
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Introduction to part III (pp. 289-293) and Chapter 20 in Stubbs & Underhill as a starting point the relationship between globalisation and regionalisation. Characterise in continuation of this the differences between regional integration in Europe and The Far East. For instance‚ you may reflect upon whether the recent financial crisis has set a new agenda for regional integration (Stubbs & Underhill‚ Chapters 21 and 24) In the past decades‚ numerous trading blocs have been created throughout the world‚
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