1. How did Singapore achieve extremely high economic growth rates after 1965? Singapore’s high economic growth rates since 1965 may arise from government centralized control and vision. Singapore government was a core organization‚ formulated strategic plans to correspond with each period necessities and future needs. We separated in two main periods: The 1960s-1970s Issue: Minimal natural resources and a population of two million people High unemployment rate and low capital base
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ECONOMIC GROWTH is the long term expansion of a country’s productive potential Short term growth is measured by the annual % change in real national output – this is mainly driven by the level of aggregate demand (C+I+G+X-M) but is also affected by shifts in SRAS Long term growth is shown by the increase in trend or potential GDP and this is illustrated by an outward shift in a country’s long run aggregate supply curve (LRAS) Key drivers of growth There have been numerous research studies in
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The balance sheet consists of assets and liabilities of any firm. The assets are called as the uses of the firm and the liabilities are called as the sources of the firm. Sources of the firm: (Debts or liabilities): The debts or liabilities are the claims of the outsiders against the assets of the firm. The liabilities refer to the amount payable by the firm to the claimholders; i.e. the amount owed by the firm to other parties. For an obligation to be recognized as a liability‚ it must meet three
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of corporate cash holdings during the recent crisis. I create two categories of firms; one with financially constraint and unconstraint firms classified on their size and one with financially constraint and unconstraint firms based on the de size of their dividend payments. Unconstraint firms do not manage their cash holdings in normal conditions‚ but when conditions deteriorated during the crisis also unconstraint firms had to decrease their cash holdings to absorb the negative macro economical shock
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in Hong Kong is housing problem. Hong Kong has 7.3 million people living on 1‚100 sq. km of land. There were around 6‚700 people living on every square km. However‚ the ‘right to adequate housing’ and the ‘right to affordable’ are important dimensions resting on the foundation that adequate housing is a basic human need (Leckie 1992; Bengtsson 1995) and which ensures access to a safe and affordable home with freedom from forced eviction. This is the basic meaning in livable. However‚ is Hong Kong
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OASIS HONG KONG AIRLINES LIMITED – WHAT WENT WRONG AND WHAT SHOULD HAVE DONE TO SAVE IT FROM BANKCRUPTCY Table of Content 1. 2. 3. 4. 5. 6. Company Background Liquidation Timeline Causes of Failure Impacts of Oasis’s Case What Should Have Done to Save Oasis from Bankruptcy Conclusion Company Background Oasis Hong Kong Airlines Limited • Long-haul budget airline • Hub at Hong Kong International Airport • Founder Mr. Raymond Lee Ms. Priscilla Lee • Started operation – Oct 26‚ 2006 Company
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ASSIGNMENT ON ECONOMIC GROWTH DEFINATION: An increase in the capacity of an economy to produce goods and services‚ compared from one period of time to another. Causes of economic growth: Economic growth does not have a set recipe. it is evident that different countries grow at different rates and for different reasons. Every country economy is build differently. Possible causes of economic growth: * Improvement to the labor force: 1) Improvement to the
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appropriate goal of a firm? Maximization of shareholder wealth is said to be the primary goal of a firm. The financial manager has the responsibility to act in their best interests. Since‚ the common stockholders are the firm’s most important stakeholders to continue operate the business. This goal means that the financial manager can best serve business owners by identifying goods and services that add value to the firm because the market place desires and values what the firm offers. Firms should make
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According to Frankena (1973) Socrates argued that there were three typical patterns of reasoning in moral matters. The first belief was that no one should harm to another person. The principle was if an action was to the detriment of another human then it went counter to moral reasoning. If a person killed another person for whatever cause then it cannot be justified using moral reasoning. This belief has been used by those who oppose fighting a war‚ condemning a person to death for a crime‚ or by
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INTRODUCTION One of the most significant governance issues currently facing the managers‚ directors‚ and shareholders of the modern corporation is the gender‚ racial‚ and cultural composition of the board of directors. The issue has taken on a high public profile as a result of reports in the popular press‚ shareholder proposals from advocacy groups‚ and policy statements from major institutional investors. This is simply stated as Board of diversity which means different things to different people
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