Living and Dining Room FurnitureÂÂ

Living and Dining Room Furniture Issues in the Market The vast majority of households struggle with storage issues. Furthermore, two fifths (42%) find it difficult to source the right size furniture for their home, while over a third (36%) struggle to store/display their possessions. This frustration with lack of space creates significant scope for new clever and flexible storage innovations in living/dining room furniture. Q: How does smaller housing stock affect demand for living/dining room furniture?A: By 2017, the number of one- and two-person households is projected to increase by 850,000. Demand for space-efficient living/dining room furniture is therefore likely to intensify during the coming years. For example, in 2013, IKEA is launching its Uppleva modular range in the UK, which has integrated smart TV, video/Blu-ray and DVD players, wireless internet systems and the different components can be tailored to fit requirements and/or the space available. Mintel’s researc h for this report shows that the vast majority of households struggle with storage issues.Furthermore, two fifths (42%) find it difficult to source the right size furniture for their home, while over a third (36%) struggle to store/display their possessions. This frustration with lack of space creates significant scope for new clever and flexible storage innovations. Q: How are companies leveraging the ‘stay at home’ trend? A: The living room has become a home entertainment hub with seating arrangements serving as part of the ‘movie’ experience, for example incorporating home comforts such as built-in fridges, cup holders and reclining seats.There is increasing connectivity between furniture and mobile devices. In April 2012, La-Z-Boy’s Gizmo range includes Bluetooth music control and speakers. CSL’s Sound Sofa offers built-in docking facilities for iPods and music speakers while the DFS Audio Sofas feature an entertainment dock for iPod/iPhon e/MP3, with built-in speakers and a sub-woofer. Neil Mason Head of Retail Research [email  protected] com Tel: +44 (0) 20 7606 4533    © 2013 Mintel Group Ltd. All rights reserved. Confidential to Mintel.Neil manages the teams that produce the European Retail Reports. Neil joined Mintel in 1995 and previously worked as Head of Fashion/Beauty and Personal Care/Household, and Head of UK Retail. Before joining Mintel, he worked in the food and publishing industries. He has a BSc in Business Studies/Marketing. Living and Dining Room Furniture Issues in the Market Since home ownership won’t become a reality for many younger consumers, investing in a home digital system that can be moved (and built up over time) is an important consideration.The internet has become an integral part of buying living/dining room furniture, with almost half of respondents browsing online before making a purchase. This compares to 30% who like to browse catalogues before buying. Q: How important is property churn to the living/dining room market? A: In Mintel’s research for this report, less than one in five respondents (18%) said that they bought living/dining room furniture when they last moved house/set up home. A similar proportion bought after redecorating/extending their living/dining room (19%) or just to get a new look/style (19%).So fluctuations in the housing market are significant but not the only driver of new purchases. The primary reason for buying living/dining room furniture is when items get worn out or broken (51% agree). It is competing for share of household goods spend and moving forward the emphasis should be on the pleasure derived from creating an inviting home environment. Women are in the driving seat when it comes to this type of furniture purchase rationalisation, with 79% saying the look/style of their living/dining room is important, compared to 64% of men.We can therefore expect to see a greater focus on targeting women using emotive tr iggers such as family, status among peers, self-indulgence etc. Q: How important is multichannel retailing to living/dining room furniture? A: The internet has become an integral part of buying living/dining room furniture, with almost half of respondents browsing online before making a purchase. This compares to 30% who like to browse catalogues before buying. At the same time, bricks-and-mortar showrooms offer clear advantages to consumers who prefer to ‘try before they buy’ (54%) and to those who ppreciate helpful and knowledgeable staff, important to over two thirds of potential shoppers (69%). Modern retailers are harnessing the advantages of all channels, for example creating augmented reality mobile phone apps, launching mobileoptimised websites, increasing in-store theatre and modernising product catalogues. Greater focus on e-commerce is seeing many of the larger retailers rationalising their store portfolio and introducing smaller store formats, while relying more on digital channels to facilitate wider product ranges, style inspiration and achieve greater geographical reach.Websites are becoming more content-rich, thus improving the online experience, similarly many retailers are investing in their stores, enhancing the physical shopper experience. Therefore the two channels are increasingly working in tandem with one another, creating more convenience and flexibility for the consumer.  © 2013 Mintel Group Ltd. All rights reserved. Confidential to Mintel. Living and Dining Room Furniture Issues in the Market The year 2012 saw these trends pick up pace as the non-specialist retailers grew their market share.Q: What are retailers doing to reduce consumer preoccupation with price? A: Promotional tactics risk becoming tired and ineffective as consumers become immune to the steady stream of promotional campaigns. Several retailers are using emotional triggers to inspire consumers to invest in their home by projecting aspirational lifestyle s and communicating a different set of value benchmarks. Some 86% of respondents cite good quality as important to their choice of furniture retailer, whereas a wide choice of styles, quick/flexible delivery and promotions/discounts also gain the same level of response.Retailers are adopting diverse and innovative tactics to detract from price-based promotions, ranging from greater online customisation of styles/colours/fabrics, highlighting softer attributes such as provenance, heritage and ethics eg Britishmade furniture, adding new exclusive brands to the mix such as Habitat (Homebase), French Connection (DFS), Jasper Conran (M&S) or introducing new own-brands which are less open to direct price comparison, or offering speedy delivery (eg CSL’s 72-hour express delivery service).While price-based promotions remain vital to driving footfall in-store, industry trends reveal more multi-layered strategies taking shape such as express delivery times, greater scope for customisat ion of design and making different channels work in harmony rather than in competition with each other eg in-store vs online. Promotional tactics risk becoming tired and ineffective as consumers become immune to the steady stream of promotional campaigns. Several retailers are using emotional triggers to inspire consumers to invest in their home by projecting aspirational lifestyles and communicating a different set of value benchmarks.

Theories of development are important Essay

A theorist is a person who develops or believes an idea in which to explain something, including what, how and why. Theories are development through observations, analysing and experiments. Theories of development are important because they help us to understand children’s behaviour, to help us understand the sequence that children and young people develop. Theorists- influencing current practice. Cognitive development. A Swiss biologist and psychologist jean piaget (1896-1980) is renowned for constructing a highly influential model of child development and learning. He suggested that children develop cognitive skills through mental â€Å"maps†, schemes and network concepts for understanding and responding to physical experiences within his or hers environment. Piagets theory identifies four developments stages these four stages are, sensorimotor stage 0-2 years, preoperational stage 2-7 years, concrete operations 7-11 years, formal operations 11-15 years. Educators must plan activities that are developmentally appropriate according to the curriculum which expands the student’s logical and conceptual growth. Another theorist that supports cognitive development is Vygotsky. He believes that children learn and understand through others around them, such as friends and family. He believed that children need challenges and teaching experiences set for them to help them develop in all areas and to help them to reach their full potential. Psychoanalytical development. Sigmund freud (1856-1939) another theorist believed that there are 3 parts to each child and young person’s personality. He believed that there are; the ID, the ego and the super ego. He believed that these 3 parts aren’t always there from when the child is born but develop with the child as they grow. He said that they are different through certain factors and behaviour between each different child, Humanist. Abraham maslow (1908-1970) looked at peoples motivation in the 1940’s. He believed that people needed to meet their fundamental needs before they could meet their potential or self-actualisation. He believed that if they were not met then they would become a deficiency in the person. This links to practice because we need to meet the needs of the children for, warmth, care, hunger and environment that they are providing and what they do to meet the children’s needs. Social learning. Social learning theorists believe that we learn through observing others. Albert bandura born 1925 believes that we learn through ‘imitation’. Eric Erikson (1902-1994) believed that a child and a young person’s personality will change throughout their life, due to social development and experiences. This links to practice as nursery practitioners are told to be good role models to the children. This is because they observe us and ‘copy’ or ‘imitate’ actions that we may make. Operant conditioning. The theory of operant conditioning is based on learning from the consequences or reinforcement due to a type of behaviour. B.F skinner (1904-1990) is recognised as a key figure for developing the behaviourist approach to learning and developing the theory for operant conditioning. He believed that we learn through our experiences in the environment and the consequences to our behaviour. Skinner separated the sequence of actions into three groups; 1; positive reinforces 2; negative reinforces 3; punishers. The positive reinforcers are what make us repeat actions or behaviour when we get something we desire. Skinner suggested that the positive reinforcement was the most effective way of encouraging new learning, such as getting attention from adults, receiving praise and receiving rewards. The negative reinforcers is a behaviour that also makes us repeat actions or behaviour, but not in a bad way but in a way to stop something bad happening from something good. For example children may learn to hold onto the stair rail when walking down the stairs to steady them self rather than feeling the need to sit on their bottom and bump down them. The ‘punisher’ is what is going to stop people from repeating behaviour, such as checking the temperature of the bath water before getting in it, after burning yourself because you didn’t check. Skinner also researched unexpected positive reinforcers. This is when children show negative behaviour to receive attention from adults. He proved that showing more frequent positive reinforcement was the most thriving way to help children learn about acceptable behaviour. This links to practice because we reward and praise children for showing positive behaviour. Nursery practitioners often say ‘well done’ to children as a way of praising them for showing positive behaviour than their negative behaviour. We also try to focus more on children’s positive behaviour rather than their negative behaviour, this is because they eventually learn that their good behaviour is more noticed and praised than their bad behaviour. This proves skinners theory. Behaviourist. The behaviourist theories suggest that learning is influenced by rewards, punishments and environmental factors. ‘conditioning’ is often used by behaviourists because we learn in a certain way due to past experiences that teach us not to do something or to do something. Ivan Pavlov (1849-1936) was a physiologist who was studying dogs. Whilst doing this he recognised that the dogs started to salivate before their food had been put down for them. He came to the conclusion that they were doing this because they learnt to associate the arrival of the food with other things such as, the sound of footsteps and the bowls or buckets. He did and experiment to look at this more closely. He used a bell because dogs do not salivate when hearing a bell. The dogs eventually begun to associate the bell with been fed. He then rang the bell constantly and eventually the dogs begin to stop salivating and finally did not react to the sound of the bell. Behaviourists use the term extinction when this happens. John b.watson (1878-1958 Took up pavlovs work and demonstrated that children and adults can be classically conditioned. In an experiment he created a phobia of rats in a little boy known as little Albert. In our practice we do not experiment or use classical conditioning, although we may recognise it among the children for example, children may become excited when they see bowls or a tray been brought into the room, they may associate this with food being given to them after this happens. Another example would be that at the end of the day all the children put their coats on they then may anticipate home time because they associate putting their coats on with their parents arriving to take them home. It is also useful to remember that classical conditioning can relate to children’s phobias. Social pedagogy. Social pedagogy is the holistic and thoughtful way of working. The aim of this is to improve the life chances and social outcomes of babies and children, therefore we must work with each other as well as the children to find the best possible way of improving these outcomes. The theories of development that have been shown help childcare workers put together framework and education for the children. It also helps us to understand why babies, children and young people do things the way they do. Conclusion. This shows that theorists have helped us come to conclusions for why we do things the way we do as well as how we learn through our experiences. It also helps to understand these theories so that we can provide better care and knowledge in the childcare setting. Task c. introduction pack for a new staff member. At the mother goose pre-school we monitor each child’s development we do this by using the learning journey. In the children’s learning journey we have â€Å"early learning goals† for each specific age group, to give us guidelines or the â€Å"norm† development for each stage of their time at the setting. We also carry out observations on the children to show which stage they are at, at the time on the early learning goals. Before any observations take place on the children, permission must be given from the parent/carer, this is also helpful as we can share findings with the child’s parent/carer and they can share findings with ourselves. If we were to do observations on a child without consent from their parent/carer then they may feel angry and upset as they may not understand that this is normal practice and help us to help the children. Assessment methods. Here are two examples of assessment methods we use to monitor a child’s development; checklist/tick chart and a free description with a snap shot picture. A checklist and tick chart observation is a chart with particular activities written on and the child is observed to see if they can reach the milestones set according to the child’s age. These observations are usually taken place when structured activities are set up for the children to do and are based over a longer period of time, but are taken place less frequently to show the progress in the children’s development. The advantage of using this observation is that you can observe more than one child at a time and they are quick and easy to use. The disadvantage of this is that observing at different times may produce different results and that it only shows what the child can and cannot do, not how confident and happy they are to attempt tasks and join in. A free description with a snap shot picture is to show skills that children show or are seen doing. A description of what you see is written into a small observation sheet and put the child’s learning journey next to the picture of them doing so. These observations are used frequently to show what milestones the child is at for their age group. The observation has the advantage of been able to use it frequently and no preparation is needed. Although the advantage is that different observers pick up on different things that children do and it can be hard sometimes to find the right words to use to describe what you are seeing. Examples of why sometimes child/young person’s development does not follow the expected pattern. Children develop at different stages for example, a baby of 12 months may be walking with support but a baby of 10 months may be walking unaided. Some children just happen to develop quicker or slower than others, but for some babies and children there are reasons why their development does not follow the expected patterns. Premature birth can have an effect on development, such as sitting up unaided, crawling, standing and walking. Learning difficulties can also have an impact on development, some children may pick up writing and reading easier than with a learning difficulty, but help is available such as special support and multi-agency approaches. Another reason why development may be delayed could be disability for example, a baby that has a disability with their legs may not be able to walk until they are 2 or 3 where as the expected age is roughly 1 years old. Impact by disability. Disability can impact and effect development as it can prevent children and young people from completing tasks. Although most activities can be adapted to suit children and young people’s needs. Intervention. Intervention can be done to promote positive outcomes for the child or young person where development is not following the expected pattern. Specialist support can be used in the preschool to support children with learning difficulties or disabilities. They can arrange meetings to come and see the child to observe them and give the child’s key worker activities and goals for the child to meet. Multi agency approaches can also take place to help babies, children and young people to meet the expected pattern of development. Another intervention could be supported play by adapting the activities to support the child or young person to reach the milestones for their age group. Task d . Early identification. Early identification of speech, language or communication delay is important for a childs well-being because it can affect their development. The sooner it is picked up on the sooner it can be amended therefore the child will not miss out on educational activities and lessons which would otherwise potentially hold them further back. Potential risks. Any delays in a child’s speech, language and communication could result in a lack of development in the future. They may not be able to develop their skills further for example, if a child cannot speak then communication will also become a problem. This is why it is important to identify these delays early. If a child cannot speak then their development will slow down as they cannot further their skills through others around them. This can therefore cause the problem to become greater if it is left to long. Importance of early identification and potential risks of late recognition. It is very important that early identification to speech, language and communication as it can affect children and young people’s further development and expanding skills. If it is picked up on early enough then help can be given to the child to either overcome the issue or to give extra support to them to help them develop further. If it isn’t picked up on early enough then the child could fall behind in development and education. When a child falls behind it can sometimes be difficult for them to catch up although there are organisations to give extra support to the child. Multi-agency team. There are many organisations that can help support a child or young person’s speech, language and communication. The child’s GP (general practitioner) can refer the child to a speech therapist which will help their speech and communication. The child’s health visitor can also help with the child’s speech, language and communication. How when and why. A multi-agency team would be brought in to support a child when a speech, language or communication delay takes place. The manager would have a meeting with the child’s parent/carer to discuss the issue and then they would discuss the best possible option for the child. If they decide that a multi-agency team is to be contacted then a meeting would be arranged with the team to examine how the child can be helped. They then will arrange with the team to examine how the child can be helped. They then will arrange the times and dates that they can come and visit the child either at the childcare setting or at home. Play opportunities. There are many types of play opportunities that can be put into place to help support a child’s speech, language and communication. Role play is one of the most important parts of play for children, it covers physical activity as well as allowing the child to communicate, be creative, be independent and build self-confidence. Another play opportunity could be music and movement activities which include singing, dancing and nursery rhymes. The children can be independent and make their own choices to join in. this allows children to communicate with each other and to sing along to the songs and rhymes. Reading stories are vital in a child’s development. By reading and listening, children pick up new words and meanings which allow their knowledge to expand. If a child has a difficulty in communicating or in their speech then books can be very useful for developing their speech and communication. Show and tell is another way of supporting a child’s speech, language and communication. It allows the children to listen to others and to communicate if they wish to by asking questions about the show and tell that is shown, which can expand their word dictionary by using new words. All of this concludes that noticing a delay in a speech, language or communication development is important to prevent further delay in other areas of development.

Belonging represented in Peter

Belonging represented in Peter Essay As illustrated in Peter Jerkinesss Immigrant Chronicle poetry, having a strong sense of self-knowledge understanding and a deep connection to ones own culture, beliefs and values develops a feeling of belonging to and knowing ones self, and in turn, a strong sense of belonging to humanity. Feline Crooknecks, SST Patriots College and 10 Mary Street all support this thesis and position the reader to consider the concepts of belonging from the perspective of someone who feels alienated, excluded and alone. The poem Feline Crooknecks tells us of Pewters father, his life, and his clear sense of belonging. It explores the concepts of familial, cultural and self-belonging, and reveals the regretful feelings of Peter, in relation to his alienation, his familys migration and the filial bond with his father. The clear and possibly most significant message of the poem is that belonging comes from within, and requires an accepting and peaceful attitude. These concepts are expressed through the use of poetic devices and language techniques, which show the differences between the attitudes of father and son. The admiration Peter has for his father is evident in the first line -My gentle father. The use of the word gentle introduces Feline as a kind, peaceful man, and the possessive pronoun my can suggest a sense of ownership or the yearning to be associated with Feline. The fathers independence and emotional self- efficiency is evident in the first stanza Kept pace only with the Joneses of his own minds making. The reference to The Joneses is important to consider, as it not only refers to mainstream society, but Australian mainstream society. It shows that Feline is at peace with himself and has retained his own cultural beliefs, despite being pressured to assimilate and adopt a new way of life, and in result, has a strong sense of belonging. The repeated reference to Feline garden shows his compassion, connection with nature and dedication, and also his willingness to work hard. It signifies something that belongs to him, in a foreign and unfamiliar world. Throughout the poem, ideals of language are discussed. This shows language as a factor of belonging, and that it can be seen as a potential barrier that prevents the development of belonging. The language indifference between father, son and the community illustrates this barrier, and presents cultural identity as a concept of inclusion and belonging. As the distance between Peter and his Polish heritage grows, Feline accepts that his son, growing up in Australia, cannot adopt the same sense of cultural belonging that he has. While Feline is at peace and accepts the unavoidable, Peter has a completely different attitude. He feels a strong sense of regret and affliction towards his past, and feels that if only he had embraced his Polish culture, he would have belonged in his family. However, this is not the case. Peter felt isolated because he failed to form a strong connection with his inner self, not because he adopted the Australian way of life. As Peter has not developed a strong sense of self-belonging, he does not feel at peace, and does not realism that the cultural indifference and eventual complete disconnection between father and son was inevitable. Peter Crooknecks expresses feelings of regret throughout the poem, which can reveal he does not truly understand the concept of belonging. His fathers beliefs and circumstances provide a contrast to Pewters perspective and suggest that the poets reflection of his childhood and adolescence is not relative t the concepts of truly belonging that acceptance and self-sufficiency lead to a strop sense of belonging to ones self, and therefore, to humanity. Peter realizes that to truly belong somewhere or with someone, you must firstly establish a strong sense self. In addition, Pewters regret indicates a yearning to belong to his family and ultra. READ: The poem Brothers explores the relationship between two brothers EssayThis disconnection is evident in the third stanza, as we learn of Pewters detachment from his fathers Polish heritage, illustrated in the line l never got use to and with the use of an ellipsis to suggest uncertainty, doubt and deep thought. Appears that Peter Crooknecks has become more familiarized with feelings of isolation and alienation, than feelings of completion and belonging. This shows that without sense of belonging to ones self, belonging to humanity is impossible. SST Patriots College discusses Jerkinesss feelings of isolation at school. It provide a reflective account enabled by hindsight and his experience. It reveals his feelings that erupted from migration, alienation and not developing a sense of belonging u much later in life. The overall theme of the poem is Pewters failure to assimilate despite the years he spent at school and that, ironically, it was not until after shoo that Peter feels he truly learnt anything. This theme is established through the use techniques such as repetition, symbolism, and imagery, which help to create and maintain a sarcastic, mocking tone. The first line of the first stanza For eight year would indicate routine and familiarity. However, this idea is contradicted in lines seven of stanza three, where Peter describes himself as a foreign tourist, which would indicate feelings of being lost in a strange, unfamiliar place. The word tour could also represent Pewters feelings of isolation in the way that a tourist is an observer and is on the outside, looking in. The poets attitude towards his school uniform a well-known indication of belonging to a group shows his disrespect of the school. This is emphasized by his mockery of the Latin motto embroidered onto his shirt he sticks pine needles into the stitching and remarks that he thought it was a brand of soap. The motto Lucent Lug Vestry actually translates to let your light shine, which is again referred to in the last line, proving its significance. Pete careless attitude towards the motto shows his lack of understanding, because he h contempt for the school. The motto is emblematic of the hypocrisy prevalent at the institution: it claims to be inclusive, protective, embracing, when, for Crooknecks, it brings fear. He has not explored the concepts of self-knowledge and self-belonging sense of cultural belonging that h, unavoidable, Peter has a complete regret and affliction towards his p Polish culture, he would hove bell Peter felt isolated because he tail not because he adopted the Status strong sense of self-belonging. En the cultural indifference and even son was inevitable Peter Screener poem, which can reveal he does n fathers beliefs and circumstances suggest that the poets reflection the concepts tot truly belonging t sense of belonging to ones self, al truly belong somewhere or With SST self In addition, Pewters regret mind culture. This disconnection is avid detachment from his fathers Polio to and with the use of an ellipsis appears that Peter Crooknecks has and alienation. Han telling tot co sense tot belonging to ones self, b SST Patriots College discusses Sir a reflective account enabled by hill that erupted from migration, alien much later in life. The overall there despite the years he spent at such that Peter feels he truly learnt any techniques such as repetition. Sync maintain a sarcastic. Cocking tom would indicate routine and family seven of stanza three, where Pet would indicate feelings of being LLC could also represent Pewters feeling observer and is on the outside, lot monitor a Nell-known Indication the school. This IS emphasized by his shirt he sticks pine needles as a brand of soap. The motto l light shine, which is again referrer careless attitude towards the mot contempt for the school. The motto Institution: t claims to be Inclusive brings fear. READ: Poetic Devices Used To Convey EssayHe has not explored TTL so therefore does not value what the motto is jugs means embracing your own identity, and as Peter s poem, without embracing your own identity, you ca with alienating circumstances that can prevail at e did not belong to himself, SST Patriots College was n the line For eight years emphasizes the words to the effect of suggesting that even after eight years, Peter still felt isolated at school. The eight years Pee like a prison sentence. A statue of the Virgin Mary Meant to act as a welcoming figure at the entrance makes Peter feel afraid and anxious. The line UNC indicates that even after almost a decade, the stats figure of fear for the poet. The last four lines show yearning for approval. The recurrence of his mot seen as Peter blaming his mother for his poor expel dominantly represented in the poem by showing idea that belonging cannot be achieved without e Peter tells the reader how his mothers desire to co expectations has led to his feelings of unhappiness The poem 10 Mary Street focuses on describing t ensue of belonging it provides. It presents different through representations of people, relationships, p stanza, a key represents a sense of comfort, owner sense of continuous routine. The key symbolizes the leads to ownership of the home, which leads to owe belonging. The poems constant references to the support this idea. As the house will soon be pulled feelings of contentment and security will be lost. T to a key towards the end of the poem suggests a did disconnection, discomfort and disruption, as after will be useless, and therefore powerless. A familial nourishment is created using poetic devices. The is hyperbolic Bursting at the seams imply that Pete much love and care. The cultural heritage of the FAA with reference to cultural and social aspects such cigarettes. The lines heated discussions and embed passion and strong sense of belonging to their cult house The house stands in its china-blue coat of a strong, stoic and, perhaps even, noble house. Characteristics can also position the reader to view receptive the family has a strong connection with part of the family. The use of parentheses in the the been gazettes for industry) could be considered indicate extra and unimportant information, but the airily significant, and outlines a major event in the lives of the family. An important message of this poem is that the family will once more feel as though they do not belong, continuing the constant struggle faced by a family forced to dismiss what leads to self-belonging, and living in a country where they feel as though they do not truly belong. These families, like Peter Jerkinesss, are often met with the challenge of fighting exclusion, and remaining true to their culture and to themselves which, in essence, is the key to belonging. Peter Jerkinesss poems Feline Crooknecks, SST Patriots College and 10 Mary Street envoy a strong sense of belonging by exploring the concepts of not only feeling accepted and allied, but also displaced and insecure.

Curation Essay Example | Topics and Well Written Essays - 1000 words

Curation - Essay Example The nature of the curator in creating an exhibit is in finding a way to define who, in the artist to curator relationship, designs what the viewer will see. According to Rugg and Sedgwick, the division between the curator and the artist creates a dilemma on how the eventual outcome of the viewing of the art can be determined. They state that â€Å"The heightened preoccupation with the authorial aspect of curating might be seen as a defensive reaction to the shared critical and cultural values and criteria through which the institutional power of curating is mediated and legitimized† (97). In discussing the authority of the act of curating, one is discussing the way in which the position of the curator becomes one of control in determining some of the interpretation of the work of the artist. In developing an exhibit of contemporary art, the nature of the exhibit must engage the viewer in such a way to put them in a space that provides context for the pieces that are shown. The pieces should have a â€Å"passive social and material relationship dominated by the eye and a fashionable sense of order (Harding 39). As the observer moves through the space, the arrangement of the pieces should create a narrative, a sense of theme that pulls the viewer through the exhibit (Burton 112). There has been some movement towards anti-curation, the nature of the anti-art movement spilling over to include the negation of curation as a viable part of the experience of art (O’Neill and Andreasen 60). However, this movement denies the importance of how art is placed, thus denying the viewer of the best possible positioning of art within the space. Within the narrative, the curator is not necessarily intended to create a specific, tangible narration, but the feeling of the space as it relates to the work becomes a moving spectacle of thought. That is the relationship that creates the narration of the space. The work that I will be exhibiting has a narrative that spea ks of a culture and of the changes within that culture. Artefacts have the capacity of creating a narrative about a culture, just like art can create that same type of narrative when focused on aspects of culture (Stokes 67). This is not always true of a space in which contemporary work is exhibited. However, with the story of a culture involved, the narrative takes on a life that exposes the art for the way it will affect the viewer. With a set of work that is in touch with an organic element of a culture, such as my work, the nature of the exhibit should not be to have a linear or boxed in feeling from the way in which the artwork is arranged. The work is about nature, about the curves and nuances of life, thus to have a squared off exhibit or something that was directly linear would ruin the potential experience that the viewer can have as they engage the work. In Mediated Environments, Gleiniger, Hilbeck, and Scott discuss the way in which multiple disciplines can create a feeli ng for certain environments (9). In creating an environment that enhances the subject of the art, the exhibit will reflect the aesthetic that has been attempted in the artwork. The nature of an exhibit that includes something about an

It depends Essay Example | Topics and Well Written Essays - 2500 words

It depends - Essay Example Furthermore, penetrations into international or foreign markets also help to intensify the demand and brand image of the organization in the market. As a result, such type of penetration helps to improve the total sales and position thereby amplifying its reputation in the market among other contenders. Due to these reasons, maximum extent of the organizations desire to expand its operations into foreign markets. Internationalisation is recognised as a procedure to identify and penetrate the most feasible foreign market so as to enhance its operations. By doing so, the organization might increase its market share and brand value that may improve its inner strengths and opportunities as compared to many other rival contenders. An organization may enter a foreign market just by exporting its product lines so as to increase its level of awareness and credibility (Mathews, 2002, pp. 467-488). Apart from this, an organization might establish a joint venture with another domestic firm of that country so as to increase its total sale and net income. With the help of licensing also, an organization might enter the new foreign market and increase its revenues and profitability. Other than this, the organization may introduce its franchises and enhance its portfolio and position in the foreign market to a considerable extent. Hence, an organization may enter the foreign market with the help of the above mentioned ways. In this age, maximum extent of the organizations desire to develop their entities outside the state border. The prime reason behind this desire is to exploit the opportunities in both domestic and international border. However, in order to expand the operation of an organization in overseas markets, it’s extremely essential to analyse the market scenario and competitors activities. Only then, it may enhance its productivity and profitability in those unknown markets as compared to many other contenders. Thus, the

Short critical refelction paper Essay Example | Topics and Well Written Essays - 1000 words

Short critical refelction paper - Essay Example I know many teenagers who can download movies, post to Facebook, find a YouTube video and more, but the minute they need to learn something there is a lack of knowledge. Am I wrong here? What would the author of the textbook say? Explain. Without a doubt, with every new interface and technology innovation comes a lack of knowledge even amongst teens. However, teens are more likely to take interest in these things and investigate these matters even more. Hence, teenagers become experts at the technological sphere. Most teenagers learn something through other friend and through trial and error. In addition, most teenagers lack the ideals of coding, C++ and other key computer languages that make social networking susceptible. Some teenagers even feel threatened with the new technology and are reluctant to adapt it. The younger generation is not tech savvy as expected as they will miss out on some key pieces of essential information that comes with new technology. The author of the textbook agrees with all the principles and insists that there is a culture difference and not an age factor. The advent of the 21st century has no doubt made improvements in technology. However, crimes have also become more sophisticated as well. Gaining access to information has become drastically happy. Personal information can be easily fallen in the wrong hands which can be detrimental to individuals. The major types of cybercrime can be fraud and identity theft. Identity theft occurs to 9.91 million Americans whose losses accumulated to a hefty $52.6 billion. In order to prevent identity theft, it is critical that one does not provide personal information to unreliable sources. Furthermore, a user must be aware of phishing and other suspicious email that asks individuals of personal information. Lastly, there are many scams that are also available in popular sites such as craigslist and careerbuilder. Most of these scams do not give their name or a telephone number.

Avatar (2009) Essay Example | Topics and Well Written Essays - 750 words

Avatar (2009) - Essay Example Avatar gives an enormously rewarding experience. Avatar (2009) was a production of Lightstorm Entertainment and released by the 20th Century Fox. Once again, after the Titanic, James Cameron captured headlines with a stunning and sensational production in a fictitious country called Pandora with a future setting of 2154. The film was not just a stir entertainment but also a technology breakthrough with plausible visual detailing. James Cameron invented a new language with new people, Na’vi, which doubtfully can be spoken by humans. As the story unfolds events, coupled with the language, you get the feeling to keep up with both the story and conversations. The film is a game-changer; to date no movie director has built a world of this scale, complexity and ambition. Avatar prompted rival directors to scramble to carry on with James Cameron with its amazing feast for both eyes and ears, with sequences and shots that boggle the mind. From the details of waterfalls flowing into nothingness and a floating mountain in the sky to the tiny details, of a paraplegic sinking his blue, new and operational toes into the sand are just amazing. The intensity of immersive face in Avatar is simply incredible. Cameron throws you straight in, without giving you a moment to contemplate. In a dizzyingly fast impressionistic introductory ten minutes, Cameron introduces us to everything we need to know about a film that runs for 150 minutes. He pictures Pandora’s climate and the largely deadly population of Na’zi, and he talks of Jake Sully’s condition, explain the Avatar programme including the hardnosed plans of the human attackers led by Stephen Lang (Col. Quaritch) and Selfridge (Giovanni Ribisi) and Carter Burke. Then, with no time, Cameron hit the film running, into an action sequence showing Jake the Avatar hardly surviving encounters with unsociable local wildlife. The story is set in 2154, close to One hundred years and counting or so

Perceptual Deficits and the Inability To Receive Sensory Information Essay

Perceptual Deficits and the Inability To Receive Sensory Information - Essay Example Besides enabling inter-hemispheric interaction, the corpus callosum has also been demonstrated to be essential in the process of attention1. From the hemispheres, the lateral geniculate bodies relay sensory signals to the occipital lobes, which is the primary visual cortex. Here, an initial analysis of the image is done and the composed image of the retinal signal is sent to higher centers of processing for further interpretation (Glickstein p.118-127). Although, perception can also be achieved by olfaction, audition as well as visual, each of this sensory information follows different modalities. Visual perception can be object of space, face (with the involvement of internal factors), or top-down perceptional operations in identifying objects in varying perspectives (Cabeza, 1997). Each of these tends to activate different sub sections of the brain functions. For instance, Cabeza (1997), explained that object occipito-parietal pathways, while top-down perceptual processing (i.e. when objects are in varying and unusual views) involves frontal, parietal and anterior cingulated regions. Furthermore, object processing is said to be left lateralized, while face processing tend to be right lateralized or bilateral (Cabeza, 1997a). Cabeza (1997b), argue that perception and at times, identification also depend, to a large extent, on the retrieval of information relevant in the particular perception. Bruner (1970), believes that memory and perception cannot be separated. Along this line, Begley et al (1986) explained that the brain could store huge amount of information with different areas storing facts, such as names, images and events, necessary for perception and identification (p.48-54). In this regard, Cabeza (1997b) said the prefrontal lobe play a crucial role in retrieving stored information, while the right inferior parietal cortex is involved in recognition and recall. The cerebellum, traditionally believed to play just motor cortex functions has been demonstrated to be involved in cognition (intelligence, processing speed, cognitive learning skills, visual spatial processing, recall etc) and perceptual functions (1997b). Such is the complexity of the human brain functioning involved with processing sensory information, perception and identification. Some of the most compelling evidences for the functional neuroanatomical divisions of the brain functions involved with perception and processing sensory signals have been provided by patients with specific cognitive impairments following localized brain injury (Aguirre and Mark, 1999). Over the last century several dozens of patients have been reported to exhibit inability to carry out one cognitive function or the other. Such impairments have varied widely depending enormously on the part of the brain concerned and the function carried out by that part of the brain. This has engaged the minds of several researchers,

Grammy Nominees Essay Example | Topics and Well Written Essays - 500 words

Grammy Nominees - Essay Example The lyrics to this powerful melody are pleading, calming and contemplative. They are words the audience identifies with easily. The signature banjo beat adopted in the song gives it a developed alternative rock sound (Natasha, 1). The band remains true to their sound while capturing a wide fan base. The use of upbeat instruments creates hope for the rather sorrowful lyrics. This is especially appropriate as the song it titled, â€Å"I will wait†. Snoop Dog & Wiz Khalifa featuring Bruno Mars deliver â€Å"Young, Wild and Free† in a simplified manner that earns the song the top vote in the Rap category. The song contains one of the most catchy choruses of the year behind that of â€Å"We are Young† by Fun. Bruno Mars’ vocal infusion to the chorus softens the track. The collaborative effort between Wiz Khalifa and Snoop is blended, continuous and refined. The song is memorable beyond several hip hop songs. Miguel captures the attention of the world with his song â€Å"Adorn†. It gets the best R&B song as a result of its soulful feel. The song is intimate and sincere. The video delivers the songs most powerful elements alongside Miguel’s powerful voice. The song’s quality makes it a track that will remain relevant for several years to come. It elevates Miguel from an underdog R&B singer to a top performer. â€Å"Even if it Breaks your Heart† by Eli Young Band wins the Best Country Song. The track depicts the essence of optimism and resilience in failure. It is a great lesson for the audience. The track is well developed with great musical instruments and vocals. The winning point for the song is the poetic lyrics that pushes composition boundaries (Dukes, 1). The Best Gospel Song vote goes to Marvin Sapp with his song, â€Å"My Testimony†. It is an autobiographical account of the singer’s struggle with the death of his wife following a long battle with cancer. The song is soulful, hopeful and inspiring. The powerful lyrics captivate the listener

No Child Left Behind vs. Inequalities Essay Example for Free

No Child Left Behind vs. Inequalities Essay The American educational system suffers from a wide disparity between the poor and rich schools in the country. Race relations is a prominent cause of the problem wherein the white-dominated school districts get the most funding and government support while non-white children live in poverty, academic underachievement, indifferent government officials and hopelessness. The No Child Left Behind Act seeks to lessen this disparity by equalizing governmental funding, ensuring a competent teaching workforce and instilling a system of accountability. However, like many other laws, No Child Left Behind has its shortcomings and needs re-examination and/or fine tuning to ensure its effectiveness. No Child Left Behind Act of 2001 and the Issues in Jonathan Kozol’s Book Through the book Savage Inequalities: Children in America’s Schools, Kozol (1991) made several noteworthy points such as (1) many schools in poverty-stricken areas have non-white children comprising the majority of their student populations, (2) poor, run-down schools in non-white neighborhoods view themselves as serving those children who have little value to the country, (3) students, school administrators, public officials and community residents have a shared feeling of hopelessness for their plight and nobody is willing to be accountable for the problem, and (4) increased funding for the poorest schools in America can make a difference if this is accompanied by a change in the society’s attitude (pp. 82, 114, 243). Former US President George W. Bush signed â€Å"The No Child Left Behind Act (NCLB) of 2001† into law on January 8, 2002 as part of his educational reform agenda (â€Å"No Child†, 2007). The Act sought for immense transformation in America’s K-12 education by underscoring four principles: (1) greater accountability for results, (2) increased flexibility and local control, (3) expanded options for parents, and (4) an emphasis on proven and effective teaching methods (â€Å"New Jersey†, 2006). The four principles are aligned with the areas of racial inequalities among schools as identified by Kozol (Check, 1992, p. 1) which include funding, governmental assistance, political support, buildings upkeep, quality of educators, availability of and funding for school supplies, extra-curricular facilities, overcrowding and accountability system (Warner, 2002, n. d. ). Extent of Effectiveness of the Act Some of No Child Left Behind’s remedies are more pronounced in student academic performance. Thompson and Barnes (2007) cite that albeit slow progress, NCLB yields favorable results in strengthening student academic achievement. For example, scores in mathematics among 4th and 8th graders from 2003 to 2005 increased nationwide with scores for Hispanic and African American students showing significant improvement in the same period. Further, 4th graders’ national average scores in reading improved while achievement gap between African American and Hispanic 4th graders narrowed slightly from 2003 to 2005 (p. 16). More than two-thirds of the states also reported that test scores disparity in terms of race, income, or language background has lessened or stayed the same (Rentner et. al. , 2006 as cited in Thompson and Barnes, 2007, p. 16). On the contrary, the mostly debated shortcomings of the law fall in three areas. First, its stringent assessment and reporting requirements forced educators to allocate instructional time in preparation for assessment thereby suppressing creative learning in the classroom. Secondly, the Department of Education has failed to immediately ensure and monitor that the states comply with the NCLB’s teacher quality provisions; this being done only two years after the effectivity of the law. Lastly, fund disbursements in some states primarily devoted to professional development were done without full consideration of effectiveness or content quality of the trainings (Thompson and Barnes, 2007, pp. 19-20). Conclusion In summary, the NCLB has laid the foundations for educational reform and academic equality but continuous evaluation is essential to make the law work for all. References Check, J. (1992). Book Review: Savage Inequalities: Children in America’s Shools, by Jonathan Kozol. The Quarterly, 14 (3). Retrieved April 10, 2009, from http://www. nwp. org/cs/public/print/resource/1139 Kozol, J. (1991). Savage Inequalities: Children in America’s Schools. New York: Harper Collins New Jersey No Child Left Behind. (2006). Retrieved April 10, 2009, from http://www. nj. gov/education/grants/nclb/

Case Study: Transferable Skills

Case Study: Transferable Skills How was I before the Core Business Skills module? The Core Business skills is a module that explores a number of quality tools that will help us to look at our core skills in the business field and identify areas where we could improve. At the beginning of this module, I used to leave my life as normal with few skills that I have learned from my parents, for example the Communication skills and Team working skills, but even it was not enough to communicate or to work with whomever. Communication skills and team working skills are the closest skills; team working can not occur if there is no communication. Since our childhood, our parents push us to get in touch with people of our ages. At beginning, it is never easy seeing the quarrels that happen with our friends in the youngest ages while playing together, but these skills get developed in growing older. I also had an experience of team working during few years when I used to play football in a club, and as we know this sport is not played individually, but in a team, and I had learned a lot during this experience. It is sure that we learn a lot from our parents and the activities in our childhood, but studying complements the path our parents put us on to build our future in order to get the objective of having a good life later on. I have also learned during my past years some important skills that our module covers, such as Numeracy skills and Information Skills. However, they were not as important as we studied during this semester. Numeracy skills are taught in increasing levels since the youngest ages, starting from the primary school until we get our degree at the university, but before, it was just numbers and relations that I learned and that dont stand for anything real. On what concerns the information skills, I have learned a few about it during the high school and I increased my level on it during the foundation year I have done last year at the university. Other skills that are closer to the communication skills which are the effective learning skills, and they are also close to the personal and career development skills as well. The effective learning skills are the ones I learned trough some experiences, but for what concerns the personal and career development skills I did know nothing about them until I discovered them during this module. What this module has changed on my life? Regarding the six transferable skills that I have learned during this module, I notice that I have made a big improvement on these skills that help me now to be more efficient on getting my objectives either on my personal or professional life. Since more than one year ago, I work and I study simultaneously, and things that I learned during this module brought me to a higher level that I was not expecting from myself. I will introduce my job in few words and describe how what I got from the Core Business Skills module changed the way I was doing it. So, I work as Electronic Dance Music producer with many professional record labels worldwide, and this started just by passion at the beginning until I have been discovered by one of the most famous deejays in South America, and then I had a proposal to sign my song on his own record label located in Buenos Aires in Argentina, here was my first professional experience and I was afraid of getting ripped off because I did not know how to deal with the contract and I did not even negotiate it. However, I kept balancing between what I study and my work and I acquired more experiences practicing what I study on my professional life. Edwin H. Friedman said about communication that The colossal misunderstanding of our time is the assumption that insight will work with people who are unmotivated to change. Communication does not depend on syntax, or eloquence, or rhetoric, or articulation but on the emotional context in which the message is being heard. People can only hear you when they are moving toward you, and they are not likely to when your words are pursuing them. Even the choices words lose their power when they are used to overpower. Attitudes are the real figures of speech. (1) So, the communication skills are very important on my daily work, now due to what I learned, I started knowing how to negotiate my contracts with the other record labels for each song I make, and this fact contributes on making more profit and also to advertise my artwork and letting people buy what I make. This course also helped me to learn how to make formal letters to communicate with the record labels and producers worldwide as well as this will serve me later on my professional life as future manager. Now as Im still a student I do use it only on my music affaire and my personal life with my family and friends. Also I would mention that as a student and future manager, I highly improved my skills on making presentations in front of the audience. On what concerns the effective learning skills on my personal and professional life, now I can know what I should improve on my life, on my studies or on my musical skills. Before, on my studies, I was kind of lost when the exams were approaching, it usually happened to me to be confused on what to prioritize and what to leave for the last, but now I got this level of knowing prioritizing the most important things after identifying them. Same thing on my life out of studies and on my professional life as well, now I can identify on what I could improve to make better songs in the future, I can manage myself to improve my personal and my student life to get best results, and eventually, now I know what I want to be, what I want to be later on, and how to get my goal. On my professional life, I also use the skills I learned about the team working knowing that my job consists on composing and producing songs, sign them on record labels then advertising them as much as possible to get profit out of them, even if advertising is the main work of the record labels. Also, it plays a vital role on my personal life. As I said at the beginning, team working is taught by our parents and our society at the first before starting classes, but whatever is the level that we get from these lasts, the school teaches us more about them. We work in teams at home, we play sport in teams and also at the school and the university we work for some projects given for our studies in teams or either preparing for our exams we mostly work in teams. TEAM stands for Together Everyone Achieves More. Working in teams is essential on the business life, either working for our own or others companies, these skills consist mainly on sharing tasks and ideas in a project work, and th is technique is more efficient than working alone. Numeracy skills stand for budgeting, numeracy functions and computations, dates and time, parenting and health related numeracy. These skills on budgeting or money management and banking serve to count money, make change, calculate services charges, save money and invest it too, and these are generally skills that our module covers adding to the numeracy functions and computations skills that we learned in the past from the primary school until the high school. Dates and time skills are used to some basic things in life as using a calendar, fill in time sheets or writing the date as well as the parenting and health related numeracy skills to read directions and dosage on medicines bottles, read thermometers or to understand a report card. All these numeracy skills are important and very useful on whomevers daily life for either managers, farmers or whatever we can be. During this module I leaned the most of the important numeracy skills for business management field, and this regardi ng the decision threes to analyze and get the best solution to do not make loss on business and take the best decision. The information skills are vital for all the successful professionals. These skills help us to become more efficient. Here are some techniques that help us to develop our information skills. The first one is how to take notes effectively, and this is a good tool to record and organize the information, the second one is to fully absorb the written information to assimilate and understand the written information quickly and effectively. Reading strategies is also a technique to read faster by thinking what to read, while the technique of keeping the information fresh in our minds helps to keep what we learned alive in our minds. There is also a technique which is learning in a way that suits us and this will not only help us on developing the ways we can learn, but we will be able to make what we do so the others can learn efficiently from us. Making learning an enjoyable experience is for me the best way to learn efficiently because if we love what we do we get good results, and this is what is helping me a lot on my music producer career, even all the results that I got from my productions I still dont consider this as a job but just as my main passion and I keep learning day after day. Same thing on my studies, there are some topics that I enjoy and I can be successful on them, but once I dont love one topic, I know that I will have problems within it. The personal and career development skills are the ones I really enjoyed during this module. These skills are mainly keys for everyones life. To know our own strengths that we already have and we might build on, our weaknesses that we could reduce or otherwise work around, our opportunities that are related to our chances and that we can exploit better than the others, or even our threads that we need to be aware of them and to avoid them is a simple analysis that allows us to know who really we are and to avoid stress. I also learned how to manage my time and the basic ideas of control in this module, and all these skills have changed my personal and professional life and help me to gain more confidence on myself and to keep improving on my life in general. What should I develop again on my transferable skills? All the skills that I got from the Core Business Skills module are not skills related only to the business field, but to our life in general and help to improve the way we are living it. Bill Clinton, the forty second U.S President (1993-2001) said: Today, many companies are reporting that their number one constraint on growth is the inability to hire workers with the necessary skills. (2) From what Bill Clinton said, companies have a lack of workers with the necessary skills, and they do their best to overcome this problem, but people with the necessary skills are not enough to satisfy every companys need. To participate on the growth of our society, we should all have some basic skills which when we develop them, we get a higher level of confidence and abilities. Personally, even the improvement that I have done during this module, I still have to improve all the skills to get my personal objective. We know that the sky is the limit for what concerns learning the skills, and we can improve them more and more day after day. My skills on communication are not enough, because if I start communicating with professional people I could not be at the same level as them, but with the practice and time I can develop my skills and reach the level required by the professional world. Also, I still have many problems when it comes to the numeracy skills on business; the decision tree for example seems to me easy, I can get the tree, but not the calculation, I usually get lost on applying the relations and calculating numbers. The information skills, and the personal and career development skills, I think we can develop them more within the next modules and experiences. I got a lot of benefits from this module, it has changed my life, now I see things in a professional way and this is the best way to reach out the objectives that we set on our life. Now that I learned also these skills I set new goals to my life and I will try to achieve them all, or at least the majority. People with goals mostly succeed because they already know where they are going. I also believe in Willis Reeds quote that says: Go for the moon. If you dont get it, you will still be heading for a star.

Feminist Foundations Essays -- Feminism Females Essays

Feminist Foundations As the feminist movement has progressed through several generations it has shifted quite a bit in its general approach and theory. Contemporary writers such as Baumgardner and Richards, and Henry have illustrated a generational shift away from structurally aimed actions, and towards individual acts of subversion and small political actions (Baumgardner and Richards 126-202). This current course is very similar to the direction of other highly organic movements such as sustained dialogue. Feminism though, is particularly well documented, justified, and understood. Thus by comparing the feminist movement’s present tack to that of sustained dialogue, it will be possible to gain insight into the direction these movements should take, and this comparison will highlight the essential and effective foundations as well as the crucial divergences of these movements. Finally I will use the idea of objectivity as a justification for social action to create a new model of soci al action and conflict resolution. Within third wave feminism there is a controversy over the significance of subversive actions that are framed by a very specific context. These actions are exemplified by the Girlie movement (Baumgardner and Richards 126-202), where feminists dress in cloths and accessories typically associated with â€Å"girlhood†. While wearing such cloths they execute typical feminist actions or more subtle acts of subversion, the key component is that they rely heavily on the mocking of the dominant society, or on satire. The Girlie movement also expands to women who dress according to the dominant ideas of being â€Å"feminine† as a statement of the absurdity of the stereotype. This type of action is what I... ... My Mother’s Sister. Indiana UP, 2004. Heywood, Leslie, and Jennifer Drake. â€Å"We Learn America Like a Script: Activism in the Third Wave; or Enough Phantoms of Nothing.† Third Wave Agenda: Being Feminist, Doing Feminism. Eds. Leslie Heywood, and Jennifer Drake. Minneapolis: University of Minnesota Press, 1997. 40-54. Mohanty, Chandra Talpade. â€Å"Under Western Eyes: Feminist Scholarship and Colonial Discourses.† Feminism without Borders: Decolonizing Theory, Practicing Solidarity. Durham, NC: Duke University Press 2000. 333-358. Nemeroff, Teddy, and David Tukey. Diving in: A Handbook for Improving Race Relations on College Campuses Through the Process of Sustained Dialogue. Washington D.C.: Harold H. Saunders and the International Institute of Sustained Dialogue, 2001. Saunder, Harold H. â€Å"Sustained Dialogue’s Niche.† Source Document: Harold H. Saunders, 2005.

Theater in the 1920s Essay -- Plays

In the 1920's, the theater was considered the scene of a " 'curious conflict' between realism and a freer form of theatricality". (MacGowen, viii) There were many famous playwrights of the era. Among these were Thornton Wilder and, probably the most prominent playwright, Eugene O'Neill. These two authors used many of the same themes in their writing; romanticism was a popular one. However, they each also used themes and styles of writing that set them apart from other writers. The values that were promoted in the works of Thornton Wilder included those of Christian morality, the community, the family, and the "appreciation of everyday pleasures". ("Wilder", Discovering Authors) Wilder was more of a realist than a romantic, though in his writings "emotions run deeper than wild", a romantic quality. (Grebanier, 5) His plays were meant to bring fresh life and meaning to the "terms of the spiritual life". (Burbank, 21) Some other themes include faith, love, humility, sacrafice, and the role and responsibility of the artist in society. (Burbank, 22) Eugene O'Neill's plays consistent...

Essay --

Isolation of leprosy patients What started as a problem with a horrific disease, lead to isolation of leprosy patients. It was hard for these patients to settle and make homes; communities feared the spreading of illness. The government took an old plantation to create a hospital for the leprosy patients. The old plantation was called hospital #66 or better known as Carville. â€Å"Over a long time period, the disease can be disfiguring, and societies have stigmatized victims of the disease. This attribute is deeply discrediting since the stigmatized individual is disqualified from full social acceptance. Leprosy was thus dreaded, not because it killed, but because it left one alive with no hope†. (P1. And 2, Sato, H., & Frantz, J. (2005). Termination of the leprosy isolation policy in the US and japan: Science, policy changes, and the garbage can model.) People deemed with this Disease were brought to Carville mandatory to be quarantined; some patients were brought in shackles against there will. Pati ents were forced to leave everything they knew and loved behind, including friends, family and children. While scientists worked to find a cure, policyholders that conducted legislative procedures were defining and enacting the problem; policies were designed to isolate sick patients as prevention of the further spread of the disease. Patients were even feared by medical staff and did not want to aide in helping these sick patients. Seeing the needs of these patients, a group of sisters named Daughters of Charity of St. Vincent de Paul stepped up and provided compassion. The disease is first noticed by skin change to usually hands and feet. In the movie Triumph at Carville directed by John Wilhelm and Sally Squires, one patient sa... ... isolation policy provided patients with some social support, but continuously deprived them of their civil liberties. Furthermore, the policy as an authoritative statement on the disease may have fostered the social stigma associated with a belief that the disease is a dreadful contagion, thereby maintaining a hurdle to patients' reintegration into society. Evidently, the policy's abolition was not easily accomplished nor was achieved solely by advances in scientific knowledge†. (P. 10) Carville took on what feared the public on multiple levels and were able to move past it. As dreadful as it was for the patients to go through, they were the first to say that all the pain was worth it. The Daughters of charity and the doctors took on a daunting task and made it ok. The patients all commented that the sisters showed love and compassion making it feel like home.

Present Simple

PRESENT SIMPLE 1-When do we use it? -When we are talking about a habit; -When we are talking about a schedule; -When we are stating a fact; -When we say something that is generally true; -When we give instructions or directions. 2-TIME EXPRESSIONS for things that happen regularly are: -Every†¦. -Once a†¦. -Twice a†¦. -On Tuesdays†¦.. -In winters†¦. OR -Always, Frequently, Often, Usually, Regularly, Generally, Sometimes, Seldom, Rarely, Never. * Time Expressions that are one word, we put before the main verb. . g. I always do my homework. e. g. We don't usually spend so much money. * If the main verb is BE (am, is, are), we put the Time Expression after it. e. g. I am never late. * When we have a sentence that is a general fact, we don't use any time expression and we have to know that it refers to PRESENT SIMPLE. e. g. The sun shines in the east. My father works in a factory. We live in Boston. How To Use The Present Simple? i) Affirmative form: -Subject + Ve rb + Object e. g: I play football every day. **3rd person of singular: -Most of the verbs take the letter â€Å"s† to from 3rd person of singular, e. g. : Live-lives Work-works but †¦the verbs ending in â€Å"sh, ch, o, x, ss†, we ad â€Å"es† e. g. : wash-washed, teach-teaches, go-goes fix-fixes kiss-kisses and†¦the verbs ending in consonant + letter â€Å"Y†, we cut â€Å"y† and add â€Å"ies†. e. g. : fly-flies cry-cries study-studies but†¦the verbs ending in vowel + letter â€Å"Y†, we add â€Å"s†. e. g. : play-plays say-says Stay-stays ii) Negative form: To do the negative form in present simple tense, we must use the auxiliary â€Å"to do†. -Subject + verb to do (conjugated) + not + main verb (infinitive) + the object. e. g. : I do not play tennis every day. She does not work in my company. [do not= don’t †¦. does not= doesn’t ] iii) Interrogative form: -Like in negative form, we must use the auxiliary â€Å"to do†. -Verb to do (conjugated) + subject + main verb (conjugated) + object + ? e. g. : Do you go to school on Sunday? Does Carlos play football every weekend? Carlos Vieira

Case Study of Fdi in India vs China

A project ReportOnCASE STUDY OF FDI IN INDIA VS CHINASubmitted toMrs. Smita KashiramkaByRamya Singh2010B3A2613PIn Fulfilment ofStudy oriented ProjectBIRLA INSTITUTE OF TECHNOLOGY AND SCIENCE, PILANI30th November 2012| | | | | | | Abstract The report begins with the FDI definition and FDI reference with respect to India and its sect-oral and regional comparisons. This report undertakes a comparative analysis of the foreign direct investment (FDI) flowing from the multinational corporations (MNCs) into China and India.Examining the prevailing investment climate to account for the differences in FDI between the two countries and finally suggest some recommendations for India to achieve higher FDI. A review of Mckinsey report on India’s economic performance and growth potential has been done at the end of the report. Acknowledgements A Study oriented project is a golden opportunity for learning and self development. I consider myself very lucky and honoured to have been able to ge t this opportunity of doing such a project. My grateful thanks to Mrs.Smita Kashiramka mam who in spite of being extraordinarily busy with her duties, took time out to hear, guide and keep me on the correct path. I do not know where I would have been without her. Ramya Singh ID- 2010B3A2613P Table of Contents- 1. Introduction 2. 1. FDI definition 2. 2. Benefits of FDI 2. 3. FII’s 2. FDI Routes to India 3. 4. Forbidden territories 3. 5. Forms of FDI Investment 3. 6. Automatic Route 3. 7. Government approved Route 3. Amendments in FDI and Industrial Policies 4. 8. FEMA 4. 9. FIIA 4. Status of FDI in India 5. Round Tripping of FDI to China 6. Directional comparison of FDI in India and China . Recommendations for improving FDI to India 8. FDI in Retail 9. Review of Mckinsey Report of FDI in India 10. Conclusion 11. References 1. INTRODUCTION Background The official statistics of foreign direct investment (FDI) inflows in China and India exhibits a remarkable discrepancy that cons equently establishes the unmatched superiority of China in attracting FDI inflows. China ventured into the path of liberalization in 1979 by gradually liberalizing and opening up its economy. Removal of restrictions on inward FDI has figured out to be one of the prominent features in the Chinese reforms.China has indeed achieved remarkable success in FDI since it formally opened its door to FDI with the passage of the â€Å"Law of People’s Republic of China on Joint Ventures using Chinese and Foreign Investment† in 1979. By virtually having their non-state sector (counterpart of India’s private sector) run on free market principles and setting up large special economic zones, encouraging competition among Chinese provinces to attract FDI, offering substantial tax concessions, permitting the leasing of land and property, introducing overnment guarantees for investment and special arrangements regarding retention and repatriation of foreign exchange, China has bee n able to attract significant sums of FDI inflows. India, the only developing country of size and diversity of industrial base comparable to China, has also adopted a similar path of liberalization since 1991, by slowly shedding its FDI restrictions and allowing FDI through automatic route barring a few strategic industries of security concern .It is important to note that in 1997, India had joined the band of the top ten developing country recipients of FDI flows, whereas China had already acquired prominent positions at least since 1991. UNCTAD’s ranking of countries based on FDI relative to the size of the economy was 121 for India and 61 for China for the period 1988 to 1990. The corresponding figures for 1998-2000 are 119 and 47 respectively. While India has improved marginally, China reveals a huge success in terms of FDI ranking In 2002, the A. T. Kearney survey also found that China outranked the U.S. as the most attractive destination for FDI. The importance of FDI t o China is readily apparent. These discrepancies in the relative FDI attracting capabilities of India and China raise some important fundamental questions about the actual FDI potential of India. Can India possibly become an FDI destination as attractive as China?. The Report addresses this question at large. 1. 1 Definition of ‘Foreign Direct Investment – FDI' FDI refers to an investment made to acquire lasting interest in enterprises operating outside of the economy of the investor.Further, in cases of FDI, the investor? s purpose is to gain an effective voice in the management of the enterprise. Components of FDI- The components of FDI are equity capital, reinvested earnings and other capital (mainly intra-company loans). As countries do not always collect data for each of those components, reported data on FDI are not fully comparable across countries. In particular, data on reinvested earnings, the collection of which depends on company surveys, are often unreporte d by many countries. – United Nations Conference on Trade and Development (UNCTAD)Foreign investment refers to investments made by the residents of a country in the financial assets and production processes of another country. It can come in two forms: Foreign direct investment (FDI) and foreign institutional investment (FII). FDI or Foreign Direct Investment is an investment that a parent company makes in a foreign country. FDI brings in capital but also helps in good governance practices and better management skills and advanced technology infusion. But, FII or Foreign Institutional Investor is an investment made by an investor in the markets of a foreign nation.Foreign Institutional Investment is also known as hot money as the investors have the liberty to sell it and take it back. The FII investment flows only into the secondary market. It helps in increasing capital availability. Objective of the Study:- a) To analyze the pattern and direction of FDI flow in India. b) To identify factors those are responsible for comparatively lesser flow of FDI to India c) To identify reasons for regional imbalances in terms of flow of FDI. d) To review FDI policy of India e) To address various issue and concern relating to FDI. f) To make policy recommendation to improve the level of FDI.Nature and Source of Data:- The relevant data are collected from papers published(sources mentioned in the last)various sites of Government of India, Reserve Bank of India and Mckinsey report published by Mckinsey global institute, papers published etc. Other references have been mentioned at the end of the report. 1. 2 Benefits of FDI to the host country- * FDI not only brings in capital but also helps in good governance practices and better management skills and even technology transfer. Export market gets a boost due to this and consequently lesser import dependence.Foreign Investors invest in social, economic infrastructure, financial markets and marketing system help the dev eloping nations on the path of industrialization and modernization. Demand for various inputs give rise to development of the supplying industries, generating income, leading to a spur in the production process and a better living standard of the people employed in these industries. Quality products are available to the consumers at low prices. Foreign investment serves as boon to the government by bringing demand for various inputs giving rise to development of the supplying industries. . 3 FII's- Generate Enhanced flows of equity capital, improving capital markets, include reduced cost of capital, imparting stability to India's balance of payments, institutionalizing the market, improving market efficiency and strengthening corporate governance. 1. Foreign direct investment- the Indian scenario 2. 1 Forbidden Territories – FDI is not permitted in the following industrial sectors: †¢Arms and ammunition. †¢Atomic Energy. †¢Railway Transport. †¢Coal and lig nite. †¢ Mining of iron, manganese †¢Gambling and Betting †¢Business of chit fund †¢Trading in Transferable Development Rights (TDRs). Activity/sector not opened to private sector investment. 2. 2 Foreign Direct Investment (FDI) is permitted as under the following forms of Investments – †¢Through financial collaborations. †¢Through joint ventures and technical collaborations. †¢Through capital markets via Euro issues. †¢Through private placements or preferential allotments. * Through financial collaborations-â€Å"Foreign collaboration includes ongoing business activities of sharing information related to financing, technology, engineering, management, consultancy, logistics, marketing, etc. which are generally, offered by a non-resident (foreign) entity to a resident (domestic or native) entity in exchange of cheap skilled and semi-skilled labour, inexpensive high-quality raw-materials, low cost hi-tech infrastructure facilities, stra tegic (favourable) geographic location, with an approval (permission) from a governmental authority like the ministry of finance of a resident country. †The examples of foreign collaboration between an Indian and abroad entity: * ICICI Lombard GIC (General Insurance Company) Limited is a financial foreign collaboration between ICICI Bank Ltd. India and Fairfax Financial Holdings Ltd. , Canada. * ING Visa Bank Ltd. is a financial foreign collaboration formed between ING Group from Netherlands and Visa Bank from India. * Tata DOCOMO is a technical foreign collaboration between Tata Teleservices from India and NTT Decoma, Inc. from Japan. * Through joint ventures and technical collaborations-A joint venture is a new enterprise owned by two or more participants. Joint ventures are formed with several motives:- The main motive is to share the risks.A small firm with a new product idea that involves high risk and requires relatively large amounts of investment capital may form a joi nt venture with a large firm. A foreign company can invest in an Indian company through a joint venture agreement in the areas which are otherwise not reserved exclusively for the public sector or which are not under the prohibited categories such as real estate etc. For such foreign investments into India, a two tier approval mechanism has been provided. * Through capital markets via Euro issues- Foreign Investment through GDRs (GLOBAL DEPOSITORY RECEIPTS) – Indian companies are allowed to raise equity capital in the international market through the issue of Global Depository Receipt (GDRs). GDR investments are treated as FDI and are designated in dollars. * Use of GDRs –The proceeds of the GDRs can be used for financing capital goods imports, capital expenditure including domestic purchase/installation of plant, equipment and building and investment in software development, prepayment or scheduled repayment of earlier external borrowings. Investment in stock markets and real estate will not be permitted. FDI comes through ) Automatic route and b) Govt. approval route. 2. 4 Automatic route- Under the RBI’s Automatic Route, the Indian companies can issue shares up to prescribed percentage to person’s resident outside India without obtaining prior Permission either of the Government or RBI. These companies must be engaged in the Permissible activities under the FEMA. Companies engaged in manufacture of items, Reserved for SSI sector or those manufacturing items requiring industrial license or engaged in areas such as, defence, atomic energy or aerospace will not be able to avail of The Automatic Route.In terms of the guidelines issued in February 2000 and subsequent amendments, except in certain circumstances, foreign investment by way of issue of shares/convertible Debentures by Indian companies can be made in India under the Automatic Route without Any approval from the Government of India or the Reserve Bank of India (RBI). In the Circumstances where the Automatic Route is not applicable, the foreign investor or the Indian company seeking foreign investment would require the approval of the Foreign Investment Promotion Board (FIPB).FIPB is a competent body to consider and recommend foreign direct investment (FDI), which do not come under the automatic route. 2. 4 Government approved route- Indian companies may want to issue shares to foreign citizens and companies Incorporated outside India under sectors not allowed under the Automatic route or any other general/special permissions. In such cases, it will be necessary to Apply to the Foreign Investment Promotion Board (FIPB).Foreign Direct Investment in India is allowed on automatic route in almost all sectors except –Proposals that require an industrial license and cases where foreign investment is more than 24% in the equity capital of units manufacturing items reserved for the small scale industries,  For transfer of ownership or control of India n companies  in sectors with caps from resident Indian citizens to non-resident entities, Government approval/FIPB approval would be required in all cases where: The ownership or control of an existing Indian company (currently owned or controlled by resident Indian itizens and/or Indian companies, which are owned or controlled by resident Indian citizens) will be/is being transferred/passed on to a non-resident entity as a consequence of transfer of shares and/or fresh issue of shares to non-resident entities through amalgamation, merger/demerger, acquisition etc, where a foreign investor has an existing joint venture/ technology transfer/ trademark  agreement in the ‘same field', prior to January 12, 2005, the proposal for fresh investment/technology transfer/technology collaboration/trademark agreement in a new joint venture for technology transfer/ technology collaboration/trademark agreement would have to be under the Government approval route through FIPB/ Project Ap proval Board Proposals falling outside notified sect oral policy/caps or under sectors in which FDI is not permitted and whenever any investor chooses to make an application to the Foreign Investment Promotion Board and not to avail of the automatic route. * Industrial Approvals/clearances- For starting a new project, a number of industrial approvals/clearances are required from different authorities such as Pollution Control Board, Chief Inspector of Factories, Electricity Board, Municipal Corporations, etc. * Labour Rules/Regulations- Under the Constitution of India, Labour is a subject in the Concurrent List where both the Central & State Governments are competent to enact legislation.Some of the important Labour Acts, which are applicable for carrying out business in India are – Employees’ Provident Fund and Miscellaneous Provisions Act, 1952; Employees’ State Insurance Act, 1948; Workmen’s Compensation Act, 1923; Maternity Benefit Act, 1961; Factorie s Act, 1948; Minimum Wages Act; Payment of Wages Act, 1936. * Taxation in India- Foreign nationals working in India are generally taxed only on their Indian income. Income received from sources outside India is not taxable unless it is received in India. Company taxation – Foreign companies are subject to a maximum tax of 40% on its net profits. The effective tax rate for domestic companies is 36. 75% while the profits of branches in India of foreign companies are taxed at 40%. Companies incorporated in India even with 100% foreign ownership, are considered domestic companies under the Indian laws. 3.Amendments- in the FDI and Industrial Policies 3. 1 FEMA (Foreign Exchange Management Act)- The Foreign Exchange Management Act (1999) or in short FEMA has been introduced as a replacement for earlier Foreign Exchange Regulation Act (FERA). FEMA was introduced because the FERA didn’t fit in with post-liberalization policies. A significant change that the FEMA brought with it was that it made all offenses regarding foreign exchange civil offenses, as opposed to criminal offenses as dictated by FERA. When a business enterprise imports goods from other countries, exports its products to them or makes investments abroad, it deals in foreign exchange.Foreign exchange means ‘foreign currency' and includes deposits, credits and balances payable in any foreign currency. It was a criminal legislation which meant that its violation would lead to imprisonment and payment of heavy fine. It had many restrictive clauses which deterred foreign investments. FEMA emerged as an investor friendly legislation which is purely a civil legislation in the sense that its violation implies only payment of monetary penalties and fines. 3. 2 Foreign Investment Implementation Authority (FIIA) Government of India has set up Foreign Investment Implementation Authority (FIIA) to facilitate quick translation of Foreign Direct Investment (FDI) approvals into implementation.FIIA is assisted by Fast Track Committee (FTC), which have been established in 30 Ministries/Departments of Government of India for monitoring and resolution of difficulties for sector specific projects. Role of Foreign Investment Implementation Authority (FIIA) To understand and solve the problems of the investors , understand and solve the problems of the approving authorities, refer to the cases that has not been resolved at the level of FIIA to the agencies at the higher levels, and to start consultations with multiple agencies. Changes in FDI policy in Single Brand retail trading:- The policy regarding Single Brand retail trading has been liberalized and now FDI up to 100 percent is permitted under the Government route.Policy for FDI in Commodity Exchanges:- Foreign institutional investors (FIIs) can now invest up to 23 percent in commodity exchanges without seeking prior approval of the government. However, FDI will continue to need the approval of the FIPB DTAA (DOUBLE TAX AVOIDA NCE AGREEMENT) WITH MAURITIUS- According to the tax treaty between India and Mauritius, capital gains arising from the sale of shares are taxable in the country of residence of the shareholder and not in the country of residence of the company whose shares have been sold. Therefore, a company resident in Mauritius selling shares of an Indian company will not pay tax in India. 4. Status of FDI in IndiaVarious studies have projected India among the top 5 favoured destination for FDI. Cumulative FDI equity inflows has been Rs. 5, 54,270 core (1, 27,460 Million US$) for The period 1991-2009. This is attributed to contribution from service sector, computer Software, telecommunication, real estate etc. India’s 83% of cumulative FDI is Contributed by nine countries while remaining 17 per cent by rest of the world. Country-wise, FDI inflows to India are dominated by Mauritius (44 percent), followed by the Singapore (9 per cent), United States (8 percent) and UK (4 percent) Countries like Singapore, USA, and UK etc. invest in India mainly in service, power, telecommunication, fuels, electric equipments, food processing sector.Though India has observed a remarkable rise in the flow of FDI over the last few years, it receives comparatively much lesser FDI than China. Even smaller economies in Asia such as Hong Kong, Mauritius receive much than India in terms of FDI inflows. This is largely due to India’s economic policy of protecting domestic enterprise compared to above mentioned Newly Industrialized Asian Economies. Country-wise, FDI inflows to India are dominated by Mauritius (44 percent), followed By the Singapore (9 per cent), United States (8 percent) and UK (4 percent). the share of Mauritius is the highest due to the double taxation avoidance treaty with Mauritius. (Comparing India and China)Source: UNCTAD, World Investment Report 2009; Net FDI Inflow= Inward FDI flow Minus Outward FDI Flow . FDI stock of India has also registered a consistent grow th over the period of study. Net FDI stock for the period 1990-2000 was 1533 Million US$ which rose to 61523 Million dollars. However, net FDI stock of China is about 4 times than that of India. India’s inward FDI stock to GDP ratio improved from 0. 5 per cent for the 1990-2000 to 9. 9 per cent by the year 2008. Similarly, ratio of outward FDI Stock to GDP for the Corresponding period has registered a consistent rise and was at the level of 5 per cent In the year 2008 Source: UNCTAD, World Investment Report 2009; Net FDI Inflow= Inward FDI flow Minus Outward FDI Flow.There is a positive link between FDI and India’s growth story. India has been observing a consistent growth in net FDI flow. Ratio of FDI Inflow to Gross Capital Formation has improved from 1. 9 per cent during the period 1990-2000 to 9. 6 per cent in the year 2008. . Service sector has been the highest contributor of FDI inflow to India (22%). Followed by computer software and hardware (9%), telecommunica tion (8%), housing And real estate (8%), construction activities and power (7%). Net inward FDI into India remained buoyant during April-June of 2009-10 as Manufacturing sector continued to attract most part of FDI (19. 2 per cent), followed by Real estate activities (15. per cent) and financial services (15. 4 per cent). This trend Reversal (greater FDI in manufacturing sector) could be attributed to relatively better macroeconomic performance of India. During 2008-09, continuing liberalization measures to attract FDI and positive Sentiments of global investors about the growth potential of EMEs, including India. India evolved as one of the most favoured destination for investment in the service Sector due to low cost wages and wide demand-supply gap in financial services Particularly in banking, insurance and telecommunication. Gradually India has become Important centre for back-office processing, call centres, technical support, medicalTranscriptions, knowledge process outsourci ng (KPOs), financial analysis and business processing hub for financial services and insurance claims. There has been a wide concentration of FDI inflows around Mumbai Region (36%) followed by New Delhi Region (19%), Karnataka (6%), Gujarat (6 %), Tamil Nadu (5%) and Andhra Pradesh. It is alarming that these regions receive 77% of FDI equity inflow while rest of India accounts for only 23%. Lack of proper initiative from the various state governments is responsible for such wide disparities in FDI. China is the workshop of the world. Its $1,952 billion in output last year allowed it to overturn the US' 115-year reign as the world's largest manufacturer.China's manufacturing is labour-intensive: it produced almost the same percentage of world manufacturing output as the US (~19%) with about nine times the number of workers. China’s manufacturing success — seeded by foreign investment, superb infrastructure, a rational labour law regime, an infinite supply of migrating c heap farm labour — created the fastest poverty-reduction programmed in recorded history. Indian manufacturing must seize this opportunity. India accounted for only 1. 8% of global manufacturing value added (MVA) last year versus China at 23. 3%. Our per-capita productivity was a disappointing $107 versus China at $842. Budget 2011 plans a new manufacturing policy that aims to raise the share of manufacturing in GDP from 16% today to 25% in 10 years.How China became the world’s largest manufacturing destination:-China invited foreign direct investors to provide the capital and the expertise to achieve export competitiveness in a wide range of sectors, including electronics, apparel, plastic toys, stuffed animals, ceramics, and many other labour intensive sectors. In each sector, the key was to link foreign investor capital and expertise with a large and low-cost Chinese labour force. The foreign investors brought in the product design, specialized machine tools and capi tal goods, key intermediate products, and knowledge of marketing channels. The Chinese assured these foreign investors certain key conditions for profitability, such as low taxes, reliable infrastructure, and physical security, adequate Power, decent logistics for the import and export of goods, and so forth.Creating global manufacturing competitiveness is complex but two bottlenecks for Indian manufacturing are infrastructure and labour laws. Our current labour law regime has huge costs; exploding unorganized employment, lower organized manufacturing, encouraging buying machines rather than hiring people, corruption, blue-collar exploitation and higher organized sector skill intensity. Basically, labour laws have ensured that 100% of net job creation in the last 20 years has been in the low-productivity and sub-scale unorganized sector. Added to the acute infrastructure woes are the rigidities in Indian labour markets which makes it practically impossible to shed excess labour or g et rid of nonperformers.Looking beyond these two constraints, a number of studies and reports have highlighted other weaknesses that hinder India’s development as a major export oriented manufacturing base. Some comparative statistics are given below- Source- Bajpai N and Dasgupta N, â€Å"Multinational Companies and Foreign Direct Investment in China and India†, Centre on Globalization and Sustainable Development (CGSD) Working Paper No. 2 (Sect-oral Distribution of FDI) Maharashtra Region attracts FDI in energy, transportation, services, Telecommunications and electrical equipment. Delhi and NCR attracts FDI inflows in Telecommunications, transportation, electrical equipment (including software) and Services.While Haryana emerged as a preferred destination for electrical equipment, Transportation and food processing, Tamil Nadu has been successful in attracting FDI In automotive related and auto components sector. Andhra Pradesh and Karnataka Emerged as a popular des tination for software, computer hardware and Telecommunication. India’s rural areas such as Orissa has also been successful in Attracting FDI in securing large Greenfields FDI projects in bauxite, mining, aluminium and automotive facilities. 5. Round Tripping of FDI to China – The Chinese official statistical database does not provide disaggregated FDI that would directly project the relative contribution by the Non-Resident Chinese (NRC) population in China.However, based on the fact that a large proportion of NRCs residing in Hong Kong, Singapore, Taiwan and Macao make FDI to mainland China, we will make the assumption that, in broad terms- any FDI originating from these countries will constitute expatriate FDI and mainland Chinese funds routed through local financial agents – round tripping. It is evident that the share of OECD (Organisation for Economic Co-operation and Development) countries and with it the share of MNCs in Chinese FDI inflows has been rais ing over the 1990s while the share of Singapore, Macao, Taiwan and Hong Kong (supposedly the NRC contribution) is falling. NRC contribution, which was nearly 80. percent of the total Chinese inflows in 1992, has gradually decreased over the 1990s, being on an average about 60. 5 percent over the decade. China’s FDI numbers include a substantial amount of round-tripping: A large amount of Chinese black money is recycled through Hong Kong and sent back to the mainland as FDI. Round-tripping in fact accounts for one-half of China’s FDI inflows, which thus reduces the reported level from $40 billion to $20 billion in 2000(see graph below). Even in 2001, more than 47 percent of FDI inflows to China came from these four countries (Hong Kong, Singapore, Taiwan and Macao) where a large proportion of NRC's reside. 6. Directional Comparison of FDI in India and China –China's FDI inflows are somewhat inflated due to ‘round-tripping’ investment through Hong Kon g, which poses as a foreign investment in order to acquire the benefits from preferential tax treatment. The World Bank estimates that about 20–30% of FDI in China was due to the round-tripping investment on the other hand, India's FDI inflows are underestimated because the figure excludes reinvested earnings. While it is very likely that the entire FDI from these economies to China may not be totally from the NRCs, but a very large part of it actually is. Expatriate investment has been a very small portion of aggregate FDI in India, in spite of gradual attempts by the government to simplify the regulations involving investments by the non-resident Indians (NRIs) into the country and hence the expatriateIndians do not form a large segment of the target investors in India, unlike in China. On the whole, it is observed that in India, FDI is flowing into areas where skilled labour is major input sectors are telecom, electrical equipment, including computer software, energy, and the transportation industry. These four sectors accounted for roughly 50 percent of FDI inflows remarkable difference exists in the expanse of the areas of foreign investments in India and China. FDI in China is rather extensive, being diffused over agriculture (farming, forestry, animal husbandry and fishery), mining, and manufacturing and significantly into the tertiary sector.Moreover, social-welfare related sectors like education and healthcare and wholesale and retail trade(till 2012) that have not yet been targeted in India as sectors competent for attracting FDI inflows, but these have contributed to FDI in China. China has, since 1998, stepped up its efforts to encourage foreign investments into technology development and innovation. Several incentives, such as import duty exemption for equipment and technology brought into China by foreign-invested research companies, tax breaks for incomes obtained from transfer of technology, and business tax exemption to foreign enterpri ses transferring advanced technology, are luring foreign investors to China. China most certainly attracted large sums of FDI in the manufacturing sector, a significant part of which could definitely be channelized to India had India not been plagued with inadequacies.India’s product reservation for the small-scale industry, stringent labour laws, inability of the firms to exit, if conditions so demanded (no exit policy), lack of decision-making authority with India’s state governments and hence lack of competition among Indian states to attract FDI (as against China’s provinces) were some of the key factors why India lost large sums of FDI. Fall in FDI in electrical equipment manufacturing in India has been due to the cheap Chinese goods flooding the market. The role of sub-national government as a catalyst to FDI inflows has also been ignored in India while decentralization of FDI seeking and related powers has been given due importance in china. The Chinese g overnment welcomes FDI and does not seek too much documentation for companies setting up ventures in China. Getting licenses is also easy for setting up a unit in china. Export-orientation in FDI in India and China- China has been successful in attracting huge export oriented FDI inflows in recent years.China invited FDI to provide the capital and the expertise to achieve export competitiveness in the manufacturing sector with the key link of providing cheap labour . The foreign investors brought in the product design, specialized machine tools and capital goods, key intermediate products, and knowledge of world marketing channels. The Chinese assured these foreign investors certain key conditions for profitability, such as low taxes, reliable infrastructure, physical security, adequate power, decent logistics for the import and export of goods. India has large scale reservation in the small sector industries such as handicrafts which have large demand in the world market. SEZ's and EPZ'sSEZs, along China’s coastline, were designed to give foreign investors and domestic enterprises favourable conditions such as import intermediate products and capital goods duty free for rapid export promotion and good infrastructure. India also had similar models of EPZ and Export Oriented Units (EOU). EPZs are located at various places including Cochin, Falta (near Calcutta), Kandla, Chennai, Noida, Santacruz (Mumbai), Vishakhapatnam and Surat. A unit could be set up in these zones subject to availability of space. Incentives provided to attract investment in these areas were ‘zero import duty', a ‘special 10-year income tax rebate' and other incentives. Eight special zones failed to achieve the export targets.Decentralization of decision-making authority was also a major reason for SEZ success in China. Another ingredient of infrastructure is the availability of power at competitive rate. Apart from cheap power there is no power failure in China, as in In dia. The EPZ's in India are one -third of the required size. In China all jobs are on contract basis, which stand terminated upon the expiry of the terms, which can be fixed/flexible or for a specific job. In contrast, the labour laws in India are extremely stringent and the Industrial Disputes Act, 1947 does not allow companies with 100 or more employees to retrench labour without seeking prior permission the concerned state government. EPZ's in India have performed poorly due to:-Insufficient logistical links with ports and airport, Poor infrastructure in areas surrounding the zones (e. g. unpaved roads and poor Physical security), Government ambivalence and red-tape regarding inward FDI, Unclear incentive packages governing inward investment, and Lack of interest and authority of state and local governments, and the private sector, Compared with the central government, in the design, set-up, and functioning of the Zones. Unclear ownership of land- A major part of land parcels in India is subject to legal dispute over their ownership. This prevents to acquire land for retail; housing and the courts take an enormous time for clearing such cases.As a result Indian developers have hard time raising collateral for loans against land for which they don’t have a clear ownership. Revising the law on land construction would give a major push to the sluggish construction industry of India. Parts of India are plagued by archaic laws such as ULCRA (Urban Land Ceiling Regulation Act) which created an artificial land scarcity leading to rising land prices further rising the cost of the housing Industry. Following Recommendations to improve FDI flows to India:- Apart from taking steps to improve infrastructural facilities and enhancing labour Market flexibility while the government has lifted sect oral caps for FDI over the last decade.Policies have thus far been ad-hoc and a source of uncertainty. Particular attention should also be paid to the removal of restrict ions on FDI in the Services sectors — including telecoms, banking and insurance, aviation, etc – as this will Help ease transactions costs for both consumers and business. The World Bank (2002) Has in fact proclaimed that â€Å"in virtually every country, the performance of the service Sectors can make the difference between rapid and sluggish growth† One sector that should certainly get this automatic approval is the education sector. Currently there is no FDI in education Allowed. Since it is well known that the education sector in India has reached a plateau.In terms of ideas or development, it is only fair that new ideas and methodologies from other countries are tried out. The SEZ'S and EPZ'S have failed to achieve their targets, for this the government must provide SEZs in strategic locations, close to ports or major industrial locations. Concurrent to this establishment of SEZs in strategic locations, the government should also provide all necessary infra structural facilities to ensure the success of the SEZ’s. The government needs to beyond the current policy of only allowing SEZs in areas that are already owned by companies applying for the SEZ: in effect, a SEZ should be like a huge industrial park rather than having one single company in it.Three, focus should not just be on the absolute amount of gross FDI inflows but also the type. More specifically, while India has experienced an infusion of FDI inflows in recent times, a large portion of the new inflows have been in the form of M&A's. Given that the latter does not necessarily imply new capital infusion into a country, the macroeconomic consequences of the two types of FDI can be quite different. The focus should not just be on the amount of Greenfield FDI inflows but also the positive externalities to be derived from them, including in terms of technological development. The effectiveness of the Foreign Investment Implementation Authority (FIIA) needs to be enhanced. Any investment promotion strategy must be geared towards the following: (a) image-building activities promoting the country and its regions and states as favourable locations for investment; (b) investment-generating activities through direct targeting of firms by promotion of specific sectors and industries, and personal selling and establishing direct contacts with prospective investors. India does have a vibrant manufacturing sector but that rarely comes out internationally because it gets drowned out by the more glamorous software and other service related sectors. This perception is a fundamental one and goes well beyond reasons such as red-tape, corruption, poor infrastructure though they are inter-related to an extent.To get rid of this tag is easier said than done but the government can do more promotion activities to this end, preventing diverting this FDI to China. There is the desperate need to create a deep talent pool. This is inherently dangerous for a country like Ind ia which has a tag of a services country; a sector that needs a deep talent pool to feed off. This lack of talent is reflected in the growth in wages which is one of the highest in the world. India has the highest wage inflation of any Asian economy. The one thing that makes India attractive is the cost arbitrage and if wages increase the way they are increasing, it is very likely that this arbitrage will disappear and along with it, valuable FDI dollars.To this end, it is necessary to continuously monitor the quality of students as well as the quality of teachers in educational institutions. The table below gives the rise in wages in different sectors for year 2012. While many policy barriers have been removed on FDI in India, results have at times been disappointing due to administrative barriers at the state level as well as lack of coordination between the central and state governments. There need to be greater coordination between the centre and states to ensure that the substa ntial foreign interest in investing in India gets translated into actual investment flows to the State. An example of this is the proposed $12 billion investment, India’s single largest FDI investment, by South Korean steel giant, Pasco.Pasco signed an agreement in June 2005 to set up a steel plant in Orissa but as of March 2008, the steel plant is yet to be start construction, let alone any operations. Every kind of problem ranging from political to environmental to allegations of land grabbing has affected this project. The main problem has risen from the allegation that they would make some villagers landless and Pasco cannot have a factory anywhere else because the raw material is in Orissa. This is a problem that the Orissa government could have easily foreseen but many governments in India have a tendency to promise too much and do too little. This clearly has impacted credibility of many state governments.India should continue to work towards developing a deep and liqu id corporate debt market. India is one of the few countries with a major equity market but With a highly illiquid corporate debt market. A well functioning corporate debt market Does one major thing for companies looking to invest in India. It is very likely that when Companies are investing their money in India or in any other country, they are more Likely to use debt rather than their own cash. Therefore, they would go to debt markets In their countries of origin and raise money there. However, this could lead to a considerable exchange rate risk because FDI is usually long-term and there is no good way of forecasting exchange rate movements in the long-run.If there a well functioning corporate debt market in India, it actually makes India that much more attractive. India should consciously work towards attracting greater FDI into R&D as a means of strengthening the country’s technological prowess and competitiveness. Policymakers are looking at FDI as the primary source of funds. It is important to Keep in mind that FDI on its own is not a panacea for rapid growth and development. What India needs is to put in place a comprehensive development strategy, which Includes being open to trade and FDI. This ought to go a long way to fulfilling the Ultimate goal of permanently eradicating poverty over the medium and longer-terms.India should remove the product reservation in small scale industries, bring in flexible labour laws, this will generate competitiveness in this sector which is critical for a growing economy. India has failed to evolve as inward FDI manufacturing destination. Manufacturing investment has potentiality to develop ancillary industries also. There is a wide spread under employment in agriculture. Manufacturing sector has greater scope of low end, labour intensive manufacturing jobs for unskilled population when compared with service sector. The issues of geographical disparities of FDI in India need to address on priority. India is a q uasi-federal country consisting of States and Union Territories.States are also partners in the economic reforms, and should offer several tax incentives etc for attraction. Data on FDI reveals that India has increase largely due to Merger and Acquisitions (M&A's) rather than large Greenfield projects. Business friendly environment must be created on priority to attract large Greenfields projects. Regulations should be simplified so that realization ratio is improved (Percentage of FDI approvals to actual flows). To maximize the benefits of FDI persistently India should also focus on developing human capital and technology. M&A's not necessarily imply infusion of new capital into a country if it is through reinvested earnings and intra-company loans.A Greenfield Investment is the investment in a manufacturing, office, or other physical company-related structure or group of structures in an area where no previous facilities exist. Governments should see that losing corporate tax reve nue is a small price to pay if jobs are created and knowledge and technology is gained to boost the country's human capital. There is abundance opportunity in Greenfield Projects. But the issue of land acquisition and steps taken to protect local interests by the various state governments are not encouraging. MOU ArecelorMittal controversy is one of the best examples of such disputes Due to poor quality primary education and higher there is still an acute shortage of talent. This factor has negative repercussion on domestic and foreign business. FDI in Education Sector is less than 1%.Given the status of primary and higher education in the country, FDI in this sector must be encouraged. The SEZ’s and EPZ’s of India have failed to achieve their export targets due to unclear rules and regulations by the government, overcrowding of units in these zones and poor infrastructure as discussed previously in the report. It is found that there are Lower indirect taxes in china, lower import duties on raw materials since the Government often sees that losing corporate tax revenue is a small price to pay if jobs are created and knowledge and technology is gained to boost the country's human capital, higher labour productivity encourage higher FDI’s in china.The Indian Government should also implement such regulations. In China, Foreign investment in research and development (R&D) and foreign enterprises transferring advanced technology to china are exempt from paying import duty; such policies aren’t seen in India. In order to improve technological competitiveness of India, FDI into R&D should be promoted; FDI can be instrumental in developing rural economy. There is abundance opportunity in Greenfield Projects. But the issue of land acquisition and steps taken to protect local interests by the various state governments are not encouraging. 8. FDI in Retail(how it is good for the country):-Small shops, street vendors and malls can all co-exist (as they are doing now): They all serve different needs, and different income segments. The FDI approval does state that â€Å"30 per cent of the products must be procured from small scale industries which have a total investment in plant and machinery not exceeding $1 million. FDI in retail will expand consumer base. Some categories currently have no big players: There are some categories of stores that are just not present in India. The suppliers of e. g. -air conditioning units have increased but the food sector supplies remain traditionally the same. Having a Wal-Mart will cater to the increasing consumer base. FDI in India Retail should be welcomed as this will bring a lot of money in India.Foreign Investment will help the government to build new infrastructure and improve rural infrastructure. Farmers will be the biggest beneficiaries from this move, as they will be able to improve their productivity and get high prices by selling their crops directly in the market to the lar ge organized players. Government will also gain by FDI through transparent and accountable monitoring of goods and supply change management systems. Products will be available to the consumers at reduced price since products will be purchased directly from the farmers and sold to consumers. This will provide lots of job opportunities to unemployed people in India.It will provide more options to the farmers with less wastage of agriculture product. FDI in retail will increase the competition for Indian players pushing them to improve their products and services. The final beneficiary of this competition will be the consumers. We have enormous wastage in foods and vegetables because small stores and vegetable vendors cannot afford refrigerated trucks, or any refrigeration. The stores lose money, and so does the consumer (because a lot of the fruits/ vegetables spoil too quickly after purchase. Hence the State governments should go with this agenda instead of opposing it and see the bi gger picture. 9. McKinsey report on economic performance of India-McKinsey Global Institute prepared a report on how the global economy works with a special focus on India which will be the most populated but remains one of the poorest economies. Special focus was given on the economic performance and growth potential of the country comparing its growth with its neighbour China. Following findings were made- A decade ago India and China had the same GDP per capital, but now India’s GDP is only half that of china. Some of the factors preventing India's GDP to grow in comparison to China are Low Productivity-This arises due to regulations concerning markets and products, land market ownership distortions and government owned businesses since they protect most industries from competition.Inequitable regulations-such regulations restrict competition thus reducing efficiency as seen in the telecommunication industries there private players have to pay a heavy licensing fees compar ed to government owned incumbents who do not do so. Uneven enforcement- the small scale industries steal power frequently compared to bigger more visible counterparts who can’t do so. Reservation of products for small scale industries-Around 500 products are reserved for small scale industries (as of 2001), such reservations restricts these industries to achieve production efficiency. Licensing or Quasi Licensing-Several sectors such as dairy require a license from Government before starting production. These licensing authorities prevent private entrants into entering competition.Government ownership of companies promote inefficiency and waste-their labour productivity levels are far below their private players- in telecommunications and electricity government control both the regulators and state electricity boards(SEB's) which are highly inefficient and lose around 30 % to theft compared to 10% of power lost by private players to theft. Poor infrastructure and less red tap e in port management could greatly reduce customs clearance time. Unclear Ownership- A large proportion of land in India is subject to legal disputes over their ownership and the courts are very slow in resolving disputes. This prevents buying land for retail and housing. Counterproductive taxation-Low property taxes, ineffective tax collection, subsidised user charges for water and power leave the local governments unable to invest in infrastructure e. g. – in Delhi water is supplied at 10% of its true cost. MEASURES TO IMPROVE PRODUCTIVITY-The following measures were suggested – removing reservations on small scale industries, establishing effective proactive and independent regulators, rationalising taxes and custom duties, removing restrictions on foreign investment and widespread privatisation which will boost competition, further improving the quality of products, and at times, has reduced the cost also. Removing the barriers to higher productivity, privatization and a more efficient taxation could save the government from what it loses now by providing subsidies to the state owned enterprises, helping it to reduce its burgeoning budget deficit. Increased Productivity and opening more sectors to FDI would also create new jobs, which is crucial for the second most populous country of the world. 10. ConclusionIndia and China are exemplars of the changes brought on by globalization. They are two of the fastest growing economies in the world and possess two of the largest domestic markets by number of consumers. FDI has been a major contributor to both nations’ growth, bringing in more than just investment capital. FDI has fostered the introduction of technology, human know-how, and helped to link nations internationally. India has complex FDI regimes that, while allowing for large nominal volumes of FDI inflows, has major flaws. India still protects large economic sectors from investment, is slow to approve foreign acquisitions of domes tic firms (if at all), and is characterized by excessive bureaucracy.The analyses in the current study suggest that: China’s potentially huge domestic market is the major determinant of its inward FDI . Comparing to India, China’s better performance in attracting FDI fromwas mainly due to its larger domestic market and higher international trade ties along with better infrastructure and less of red tapism. . . 10. 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