Zhiyao He (Alexandra)/ ID: 536513 First Draft of Project 2 As Harvard professor Dani Rodrik puts it‚ “China’s economy has expanded by leaps and bounds‚ at historically unprecedented rates that few economists would have found plausible or feasible ex ante.” Within 30 years‚ China’s economy has jumped from the last echelon to the top list of the world. China has transformed into a global trade power. In this process‚ Foreign Direct Investment (FDI) participated a lot in the country’s recreation and
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W2411 – International Economics: International Finance SoSe 2013 Jungblut Participation Assignment Ju Exercise 1 Go to the web page of the European Central Bank (ECB). Point(s) 2‚5 a. What is the current (fixed) rate for main refinancing operations”? 0‚50% Download the Monthly Bulletin April 2013‚ open section “Euro Area Overview” in the statistical appendix‚ and list the following values (look out for correct year!): b. Net current and capital accounts balance in 2012 (billion EUR)
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Illegal Adoptions Illegal adoption is a topic that is rarely touched in today’s society. Illegal adoption‚ also known as baby trafficking‚ is now a lucrative business in certain Latin American‚ European and Asian countries. When adoption is the root of a conversation‚ people seldom mention or ask about what the legal process was to obtain the child. They ask about the sex and where in the world the baby is coming from. But‚ one would rarely ask if they had to pay for the baby‚ or if the biological
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Abstract China launched its economic reforms and open door policy in 1978. A country having largest population‚ it attracts a pool of foreign investors towards its economy. Since then the economy went through a series of regulatory and political changes‚ global and domestic factors surrounded the economy‚ and it emerged as the second largest economy in the world registering a positive growth in its GDP consecutively for almost two decades. The economic situation prevailing globally requires the
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purchasing has been achieved from a luxury to a comprehensive expansion of health care and beauty products. The turnover of luxury products increases 100% per year‚ in 2012 the market has reached 15 billion yuan. It is expected that in 2013 nationwide luxury e-commerce market turnover will exceed 20 billion yuan.(Taobao‚2013). This dramatic change again proved the vigorous development of Internet shopping. 2 Definition There are two main concepts need to be defined. The first one is
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The largest land empire in the world belongs to the Mongolian empire. A small nation that was able to pull together under one ruler and stretch its borders from the Pacific Ocean to the western borders of Europe. Such speed and success of their conquests have largely gone unappreciated considering how they conquered more land in twenty five years than the Romans did in four-hundred. The Mongolians can be accredited with founding such countries as Russia and Korea‚ and creating international law.
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Improvement Opportunity The Kroger company‚ a leading grocery store in the United States‚ has difficulties when it comes to the supply of seafood mostly due to the fact that it is hard to predict the supply or demand pattern (Kaufman‚ 2002). At times there is a significant number of products on the shelves that are in excess whereas sometimes there is too little to meet the customer wants. So as to remedy this situation and ensure that there is nearly the exact amount required at all times the cause
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a copycat. Xiaomi’s boss‚ Lei Jun (pictured)‚ even wears jeans and a black shirt‚ Steve Jobs-style. Is Xiaomi really China’s answer to Apple? Xiaomi sold 7.2m handsets last year‚ in China‚ Hong Kong and Taiwan‚ earning revenues of 12.6 billion yuan ($2.1 billion). Apple sold 125m smartphones globally‚ earning about $80 billion of its $157 billion sales. But since it was founded in 2010‚ Xiaomi has grown fast. A recent funding round valued it at $10 billion‚ more than Microsoft just paid for
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83 2003- 9.43 2.48 2004- 9.50 3.58 2005- 10.08 3.08 2006- 10.98 2.65 2007- 12.08 2.13 2008- 9.13 0.43 2009- 7.63 -3.55 2b. Exchange Rates used http://www.x-rates.com/cgi-bin/hlookup.cgi to find info US Dollar to Chinese Yuan 2000 -1 to 8.2795 2001 -1 to 8.2775 2002 -1 to 8.2766 2003 -1 to 8.28 2004 -1 to 8.2767 2005 -1 to 8.2765 2006 -1 to 8.0702 2007 -1 to 7.8051 2008 -1 to 7.2946 2009 -1 to 6.8295 2c. Inflation rates Found on http://www.tradingeconomics
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The Story of the Stone by Cao Xueqin is an animated‚ lively account of life in a large Chinese household in the mid-18th century Qing dynasty. It remains a fascinating novel for modern readers with its vivid and detailed descriptions of the minutiae of daily life - from clothing‚ food and interior design to education‚ marriage and death. For all its realism however‚ The Story of the Stone is not set entirely in reality. The very premise of the whole tale‚ that of a single rock left out of
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