Rmb Appreciation Positive Impact on China’s Economy and...

The appreciation of the RMB issue has attracted attention of various circles at home and abroad. By analyzing the current RMB exchange rate appreciation on China’s economic impact at all levels, I will mainly from the industrial structure, export structure, and enterprises to change their operational mechanism, to ease trade tensions and the effectiveness of monetary policy five-pronged approach to analysis; and my final conclusion: RMB exchange-rate appreciation generated by the final result is more positive than negative, impact is positive. In the current context of the appreciation has become a fact, china should actively take the appropriate follow-up measures to stabilize and optimize the economic environment, to minimize possible†¦show more content†¦In the 11 years, the international economic situation has undergone great changes; pegging the RMB exchange rate formation mechanism type has become increasingly unsuited to China s economic reform and development requirements. It is demonstrated by the defects are: First, the fixed nominal exchange rate has lost its real economic significance, the current RMB exchange rate formation mechanism is difficult to form market-clearing equilibrium rate. Practice, exchange settlement and capital management system in suppressing demand for foreign exchange at the same time creating a large part of foreign exchange supply, the central bank continued to intervene and the fact that the position of the largest market makers, erase all the differences between actual supply and demand. The central bank s benchmark rate to determine the true market supply and demand balance is not the result can not reflect the market changes. Secondly, the fixed dollar-pegged exchange rate system and monetary policy, the independence of the existence of a fundamental conflict, undermine the effectiveness of monetary policy cannot meet the needs of economic development. Monetary policy autonomy is essential for China’s macroeconomic stability; monetary policy should take precedence over the independence of significant exchange rate stability. But the Yuan against the U.S. dollar exchangeShow MoreRelatedThe Appreciation of Rmb2718 Words   |  11 PagesInternational Business The influence of the RMB appreciation on China’s external trade and countermeasures Group No.: Team 9 è ° ¢Ã¥ ¥â€¡Ã¯ ¼Ë†3211004310ï ¼â€° é »â€žÃ© â„¢Ã¥ â€ºÃ¯ ¼Ë†3211004300ï ¼â€° é »Å½Ã¥  ¯Ã§ ¿  Ã¯ ¼Ë†3211004301ï ¼â€° ä ¸ ¥Ã¤ ½ ³Ã¦  °Ã¯ ¼Ë†3111004291ï ¼â€° 陈ä ¼Å¸Ã¥Å" ºÃ¯ ¼Ë†3111004280ï ¼â€° June 20th, 2013 Content Abstract 2 Introduction 2 Advantages 2 Disadvantages 3 Measures 4 Conclusion 6 References 6 Abstract: Recently, the appreciation of RMB has been a hot topic and caused a heatedRead MoreThe World Is Flat !, By Thomas L. Friedman1524 Words   |  7 Pagesdoubt that globalisation has positive impact on developed and developing countries. 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The following are the goals ofRead MorePrada: to Ipo or Not to Ipo: That Is the Question, Again30689 Words   |  123 PagesSelection 38 3.1 IPO Alternative 39 3.1.1 Current Environment 39 3.1.2 Pros and Cons 44 3.1.3 Simulations 46 3.1.4 Impact on Future Growth 53 3.2 Strategic Partner Alternative 57 3.2.1 Current Environment 57 3.2.2 Pros and Cons 58 3.2.3 Simulations 61 3.2.4 Impact on Future Growth 74 3.3 Debt Alternative 81 3.3.1 Current Environment 81 3.3.2 Pros and Cons 86 3.3.3 Simulation 88 3.3.4 Impact on Future Growth 93 3.4 Other Financing Alternatives 96 3.4.1 Commercial Paper 96 3.4.2 Project Financing 97 3Read MorePrada: to Ipo or Not to Ipo: That Is the Question, Again30683 Words   |  123 Pages3.1 IPO Alternative 39 3.1.1 Current Environment 39 3.1.2 Pros and Cons 44 3.1.3 Simulations 46 3.1.4 Impact on Future Growth 53 3.2 Strategic Partner Alternative 57 3.2.1 Current Environment 57 3.2.2 Pros and Cons 58 3.2.3 Simulations 61 3.2.4 Impact on Future Growth 74 3.3 Debt Alternative 81 3.3.1 Current Environment 81 3.3.2 Pros and Cons 86 3.3.3 Simulation 88 3.3.4 Impact on Future Growth 93 3.4 Other Financing Alternatives 96 3.4.1 Commercial Paper 96 3.4.2 Project FinancingRead MoreSelected Topics24764 Words   |  100 PagesPART 1: Selected Research Topics for Semester Project Topic 1: Demand Theory Title: General demand function Aim: This study empirically investigates the determinants of quantity demanded of any product and the role of the other factors in X economy. 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To what extent can prepardness and planning mitigate the effects of volcanic hazards free essay sample

A volcanic hazard is a situation that poses a threat to life, the environment, and infrastructure after a volcanic eruption. Volcanoes are formed at various plate boundaries, such as at mid oceanic ridges where plates are moving apart, for example at the Mid Atlantic ridge. They also occur on or near subduction zones. The ‘ring of fire’ tends to be where the most violent volcanic activity occurs. The scale of destruction a volcano has is heavily dependant on whether the eruption occurs in an MEDC or an LEDC and the way in which these country’s prepare and plan for the possibility of a volcanic eruption. Additionally, many human and physical factors can contribute to the effects the volcanic eruption has on an area. Planning and preparing for volcanic eruptions effectively can reduce the impacts they have on an area significantly. The Education of local people about volcanic eruptions can reduce the effects of a volcano substantially. If one is educated about different aspects about preparing and planning for eruptions they are more likely to evacuate the area quicker. For example, In Montserrat the farmers were not educated about the effects that the volcano would have, and therefore ignored the numerous warning signs, as they did not have the education that perhaps, a more developed country may have. The eruption of Mount Etna eruption in 1991 shows how effective preparation and planning can have positive effects on a volcano’s hazards. Mount Etna is Europe’s highest and most active volcano, whilst being viewed as one of the worlds best managed. Prior the 1991 eruption of Mount Etna, massive barriers had been set up on the slopes of the volcano. This was not a permanent solution but to delay the start so that of the eruptions other methods could be brought in. Helicopters dropped concrete blocks through the tops of the volcano on the to block some vents in order to redirect the lava flow. Mount Etna is now lined with many sensors to detect any sign of an eruption with a combination of magnetic, seismic and video sensors linked to a monitoring station, sending a text at any warning that an eruption may occur. This is warning system is necessary as Mount Etna is on rich fertile ground, where 25% of Sicily’s population live. Due to the volcano type that mount Etna is (composite strata), when eruptions happen, the lava is easily managed, even though it is able to travel large distances. Lava bombs and pyroclastic flows are not a great threat when the volcano erupts. All in all, the techniques of planning and preparation prior to the eruption of Mount Etna in 1991 mitigated the effects of the volcanic hazards by a large amount as shown by the little damage the eruption did to the surrounding area. However, the effects of the eruption in Montserrat were devastating in comparison to Mount Etna, due to the lack of preparation the eruption had. The first eruption in Montserrat in 1995 was completely unplanned and prepared for. The volcano had been dormant for more than 300 years and so the eruption came as a complete surprise. The Montserrat Volcano Observatory was recognized shortly after the first eruption of the Soufriere Hills Volcano on July 18th 1995. The stations are located around the volcano and detect the ground movements caused by local earthquakes and dome collapses. Occasionally, large earthquakes outside Montserrat are also recorded. The seismic signals are monitored 24 hours a day at the Observatory. The second eruption on 25 June 1997 affected Montserrat in a number of ways, even though the volcano observatory had been put in place. This could be due to Montserrat being an LEDC, and therefore it cannot afford to implement expensive eruption detection technology. Exclusion zones, however, were put in place to ensure that minimal amount of damage would be done, following the eruption. The eruption had many impacts on the environment; the main component of the eruption causing the most devastating effects was the pyroclastic flow (hot ash, rocks and gas), which alone killed around 19 local people. Following the eruption, a total of at least 4 square kilometers of land was covered by the deposits from the pyroclastic flows and surges The fine grained pyroclastic surges broke and flattened trees. In some areas there was no vegetation left at all, vegetable beds were bare of plants and the soil was extremely hard. The lack of planning and preparedness the eruption had shocking effects on the local people as well. The volcanic eruption destroyed between 100 -150 houses. The houses were buried by debris from the pyroclastic flow, burned by the hot pyroclastic surges, or set alight by the intense heat in the atmosphere. Most of the houses destroyed were in the Exclusion Zone and should have been empty but an estimated 15 people were living and sleeping in the Exclusion Zone. It can be argued however, that the main cause of the effects of the eruption were unavoidable, the pyroclastic flow, as one can never be prepared for the size of the eruption a volcano might have. It is clear that, from the two case studies, that planning and preparedness can mitigate the effects of volcanic hazards to some extent, shown by the way in which the eruptions Sicily and in Montserrat were planned for and the effects of both volcanic eruptions. However, there are many other factors that can influence the effects of an eruption, such as volcano type, length of eruption, and other influences of which no country can prepare totally for.

Violet A Musical by Jeanine Tesori and Brian Crawley Essay Example For Students

Violet A Musical by Jeanine Tesori and Brian Crawley Essay For the professional play of my choice, I saw the musical, Violet, presented in Fords Theater by director Jeff Calhoun and an incredible team of stage artists and actors. I did not particularly enjoy the plotline of the play, but the acting was great. Since watching Violet, I have been reading my introduction to acting book, and kept in mind key concepts that author Bruce Miller specifically highlighted that characterizes â€Å"good† acting. I also kept in mind critiques and concepts I learned in class. Erin Driscoll played the main character of Violet and I specifically impressed that did not break the fourth wall once in two hours. We will write a custom essay on Violet A Musical by Jeanine Tesori and Brian Crawley specifically for you for only $16.38 $13.9/page Order now There musical was based on conflict after conflict. Soon after the main character Violet’s father died she makes a pilgrimage from North Carolina to Tulsa in order to â€Å"cure† herself. Violet has a huge scar on her face and believed she is very ugly because of the scar. She is travelling to Tulsa, via bus, in order to see a famous preacher to cure her ugliness. The conflict is something everyone in the audience can relate to because someway or another we are all obsessed with physical beauty. On her bus travels, Violet meets two soldiers traveling. One soldier is white, Montgomery, and the other solider, Flick, is black. Though the ultimate conflict and Violet’s objective is to become beautiful there were many conflicts with in the conflict which kept the play very interesting. The play takes place in 1964, a time in the United States where there was great racism. One of the soldiers Violet befriends is black and the plot line covers many conflicts that arise due to the color of his skin. Being from a small town, Violet notices firsthand for the first time how horrible racism is especially in the south. Violet has a very strained relationship with her father, which is very evident in the play. She believes it is her father’s fault that she is ugly. When Violet was 13, an ax that her father was using flew off the handle and hit her on the face which left her with the scar. She believes her father did this on purpose because if she was pretty she would have left her small town in North Carolina. Her father is simultaneously struggling with the pain he feels of his wife’s death years prior. Their relationship is filled with a lot of guilt on both sides. All people on the bus are dealing with some type of pain or another which is evident through the songs that they sing. Another conflict with in the storyline, is both soldiers become smitten with Violet. It is evident to the audience that Montgomery, the white soldier, is just using her for sex while Flick, the black soldier, has very deep feelings for her. The theme of racism is broached upon again because Flick never makes moves on Violet because he fears society. In class, we discussed backstory. Within the play, there are flashbacks which highlight the backstory (I found the flashbacks to be very confusing until the end of the play). Each character has lived his or her entire life until the start of the play. Erin Driscoll does a fabulous job in reminding us of Violet’s backstory. Instead of discussing pain, Erin is actually feeling the pain when discussing her relationship with her father or how she has been teased her whole life for being ugly. The pain she feels is evident in Erin’s entire demeanor. There is a huge change in her character from start to finish of the play. Her walk become lighter and her posture became significantly better at the end of the play when she accepts herself. .u602dfce1f2eea397f04e0a604bb976e4 , .u602dfce1f2eea397f04e0a604bb976e4 .postImageUrl , .u602dfce1f2eea397f04e0a604bb976e4 .centered-text-area { min-height: 80px; position: relative; } .u602dfce1f2eea397f04e0a604bb976e4 , .u602dfce1f2eea397f04e0a604bb976e4:hover , .u602dfce1f2eea397f04e0a604bb976e4:visited , .u602dfce1f2eea397f04e0a604bb976e4:active { border:0!important; } .u602dfce1f2eea397f04e0a604bb976e4 .clearfix:after { content: ""; display: table; clear: both; } .u602dfce1f2eea397f04e0a604bb976e4 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u602dfce1f2eea397f04e0a604bb976e4:active , .u602dfce1f2eea397f04e0a604bb976e4:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u602dfce1f2eea397f04e0a604bb976e4 .centered-text-area { width: 100%; position: relative ; } .u602dfce1f2eea397f04e0a604bb976e4 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u602dfce1f2eea397f04e0a604bb976e4 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u602dfce1f2eea397f04e0a604bb976e4 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u602dfce1f2eea397f04e0a604bb976e4:hover .ctaButton { background-color: #34495E!important; } .u602dfce1f2eea397f04e0a604bb976e4 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u602dfce1f2eea397f04e0a604bb976e4 .u602dfce1f2eea397f04e0a604bb976e4-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u602dfce1f2eea397f04e0a604bb976e4:after { content: ""; display: block; clear: both; } READ: Oliver Twist - Board Scene EssayThroughout the musical, Erin switches between a naive, stubborn girl dealing with a great deal of shame to a confident, light hearted young woman. When Violet finally makes it to Tulsa she goes to see the preacher. However, she does not get the response she anticipated. The preacher was not a very good person and believes she is very vain because nothing is wrong with her. When the preacher leaves the stage Violet speaks to God and realizes that she is a stronger person than most people. Violet has an imaginary meeting with her father who tells her that she is stronger than he ever was. She realizes that she sees with her heart and feels at peace with her father. For the first time, she believes her scar is not there and heads back to the bus station. Violet encounters the soldiers again where she waits for Montgomery (the white soldier). He is very rude when he tells her scar is still there and that he is going to Vietnam by choice, which hurts her because she thought he would stay in the US for her. Flick (the black soldier shows up) where he tells her she belongs with him and she realizes he’s the one for her regardless of his race. Within the play, each actor had a great sense of space of the stage. The flashbacks did not work so well because I felt they were very confusing. The play took place in the south but Violet’s accent was too strong and at times hard to understand. However, each actors singing voice was incredible. A major problem with the play is that there is no scar on Violet’s face which led to confusion when she saw the preacher to see if he could cure her. I was confused as to whether the scar was gone or not. I think in the future make up artists should put a scar on Violet’s face.