Whole word is eager to know about who will the global leader in term of economy after 2020? Will United States of America would be in position to continue as global economic powerhouse or not? If America is going to lose the reign of leadership then who will be the next leader? There are several questions is running all over the world. Different people have different opinion which are based upon several and different logics and conclusions. But at point all are agree and that is – axis of prosperity, development has been shifted from west to east. Days are gone when very fewer western countries decide the fate of global economic policies. One think tank, predicts that till 2020, emerging markets will dominate the economies. The most discernible shift in global power towards emerging market economies is expected to take place in 2017 when China will become the world’s largest economy. In his reports very clearly said that Emerging economies are driving global economic growth but advanced economies will retain a competitive advantage with higher per capita incomes and greater consumer market expenditure, while governments in developing countries face challenges in keeping up with the pace of economic growth. The three biggest emerging economies will account for around 30.0% of global GDP in PPP terms in 2020 compared to 23.5% in 2012 when there were just two emerging markets amongst the five largest economies –1. USA 2. China 3. India 4. Japan 5. Germany. The global economic downturn of 2008-2009 and the ensuing sovereign debt crisis have accelerated this trend as advanced economies were hit much harder through greater integration in global financial markets and larger fiscal imbalances and government debt. The consequential austerity drive across much of the developed world, especially in the euro zone, has resulted in low-growth, high-debt scenarios, long-term unemployment and underemployment. Economic growth in emerging and developing countries also slowed but the effects of the global downturn were not as acute and in 2013, emerging markets will overtake developed countries in their share of the global economy in PPP terms for the first time forecast is 51.0% of world GDP. One of the interesting figure is that among all those predictions and future saying is that It is china who is going to be global leader but due to big population weight, its per capita income will not match to the the number 2 economy that is America. The average value of Chinese per capita income would be 1/4th of USA’s per capita income. So may be over all GDP of China will cross the America’s GDP but per capita income will be lower than America’s per capita income.
Over the past twelve months a great deal of attention has been paid to the prospect that a recession may be on the horizon. Concerns about recession have been on the front burner in a number of countries around the world, including in the United States. With that in mind, this article is presented to provide you with a US economic recession history . This information on US economic recession history can give you a better perspective about what a recession is all about.
According to experts in the field, including highly qualified economists, when it comes to US economic recession history there have been 32 specific cycles of expansion and contraction since 1854 in the country. Thus, in considering this example of the US economic recession history, it can be argued that there have been 32 recessions in the United States during this 150 year plus time period.
With that said, in examining the US economic recession history, and in looking at these 32 particular cycles, on average there have been 38 months of expansion on average followed by 17 months of contraction on average. In other words, in tracking US economic recession history the typical recessionary period has lasted about 17 months on average.
Although this is the average length of a recession during the US economic recession history time period referenced in this article, the fact is that in more recent times recessions have been significantly shorter in duration and fewer in number. For example, since 1980 – over the course of nearly three decades – there have been only seven recessions.
1. January 1980 – July 1980 = 6 months
2. July 1981 – November 1982 = 16 months
3. July 1990 – March 1991 = 8 months
4. March 2001- November 2001 = 8 months
In the midst of these relatively short period of inflation – all below the US economic recession history average of 32 – there existed the longest period of economic expansion in the history of the United States. This occurred starting in March of 1991 and lasting until March of 2001. During this 10 year period there was only unprecedented growth – 120 months of unparalleled economic expansion in the United States of America.
Many experts do maintain that at the present time in the United States – as well as in some other nations around the world – we are on the brink of a recession. In fact, there is even some debate as to whether a recession actually exists in the United States at the present point in time – although a recession has not, as of yet, been formally declared.
When it comes to school education, there will probably not be a person in sight that would argue that math, science, and English are important. But for the future of the child, home economics curriculum is just as important because they will someday have to move out of their parent’s house and fend for themselves.
The home school curriculum review seems to show that even though this is an important study, there are not too many people taking that part of the curriculum serious enough. The home economics curriculum is what will help teach the student how to cook and sew on his or her own. Since these are two big things that really should be understood before moving out on their own, more focus should be put on home economics curriculum.
There are a lot of valuable things that can be learned from the home economics curriculum and there really should be no reason why a student is not taking the course serious. If the parent or the teacher takes the home economics curriculum serious then the child will as well.
Other Things To Think About
When it comes to the home economics curriculum feel free to add in your own special lessons on top of what the curriculum already has planned. There is nothing wrong with learning a little bit extra about laundry, dishes, cooking, or sewing. So make sure that you are giving your little student every shot he or she has at getting a good education for him or herself.
This way your child will know a little bit about everything and will just be that much more prepared for the real world when he or she finally steps out into it. It is so important to be ready and it is up to the parents to make sure that it is taken car of. Make sure that all of the studies that are taking place through the home economics curriculum are being taught and practiced under strict supervision. This is the only way to make sure that major accidents do not happen.
While getting a little burn mark on the food is a part of the natural learning process, burning down an entire kitchen is not. So make sure that you never leave the child unattended when you are teaching parts of the home economics curriculum. You should always be present during your child’s school studies anyways so there should be no real concern there.
Yesterday the Indo- Asean FTA was signed.
Let us see how bilateral trade will fare ! It is bound to shoot up.
We feel that Kerala’s fears will be unfounded, as India gets access to ASEAN
markets. India is leading in IT, BT, NT and other services. India will
capture the ASEAN market and bilateral trade will be to India’s advantage !
Even though ASEAN countries have more yield and more productivity, India
will compete in all fields. India will become the third largest economy in
the world, according to a Goldman Sachs report, based on GDP growth !
The ten member countries of ASEAN – Malaysia, Indonesia, Singapore,
Philippines, Brunei, Thailand, Vietnam, Cambodia, Laos, Myanmar – exported
goods worth $864 b and imported $ 774 billion. India gets access to a one
trillion dollar ASEAN economy !
The pact has been welcomed by industry lobbies. The CII welcomed the move,
saying it will give India access to ASEAN markets. ASSOCHAM said that the
bilateral trade will go to a whopping $60 billion in the near future.
FICCI said that the pact will open up new market opportunities for Indian
business with zero tariffs on 80% of ASEAN imports within four years.
Indian PM Dr Singh had called a group of ministers to allay domestic fears
before signing the pact. 489 items were kept out of the ambit of the pact.
The positiive stance of Jupiter, in India’s Seventh House, is responsible
for this move. India’s exports ( and imports ) are bound to rise !
According to a Kerala Report, a new challenge has propped up. India has to
improve her competitive efficiency to meet this new challenge. It is to be
noted that exports to ASEAN are only $14 b, whereas imports are $20 b. A
deficit of $ 6 b. Challenges are more; achievements may be less !
Cash crops, rice, fish, crude oil, electronics, auto accessories etc are all
ASEAN exports to India. India exports wheat, oilseeds, pharmaceuticals,
organic chemicals, ornaments and refined oil. China has tenfold India’s grab
of the ASEAN market. S Korea, New Zealand, Japan and Australia have signed
pacts with ASEAN. Even though it is a free trade pact, India faces a
formidable challenge !
In 07-08, India had a deficit of $14.56 billion. This is 15% of Indian total
deficit. Indian trade deficit is increasing !
According to a recent survey report, the focus on Unified Communication has largely increased in Malaysia, Singapore and other Asia Pacific region in the last few years. The report submitted by research house Frost & Sullivan shows this rise on the backdrop of tremendous demands for video conferencing, data sharing, call control, web casting and other teleconferencing services by the business firms located in the region. It is estimated that the communication industry will grow at a Compound Annual Growth Rate of 9.2 per cent as against around 5 per cent now.
A large number of companies have emerged as the solution provider to the communication needs of the business organizations located in the region. Cisco is one such leading Unified communication solution provider that provides an ideal platform for merging audio, video and web conferencing through webcasting and webinar services.
A webcast is basically used to transfer live videos, presentation or any other things to a large number of people located in different parts of the world through streaming media technology. On the other hand webinar is a term derived by the combination of Web and seminar and is used for conducting seminar and presentation over long distances.
Webinars are very much similar to a conference room seminar except that the participants are located at far off places who participate in the process through computer systems. These systems are integrated in such a way that the audio and video data are conveyed to each participant at the same time. Moreover, the process being Interactive, each participants can keep their view and contribute in the activity. Apart from seminar and presentation, webinar is also used for successfully conducting business meeting without any glitch. It is for these reasons that business organizations seek webinars solution for their communication needs over long distance.
A reputed company like Cisco Jabber provide all the three tools of UC solutions namely Instant Messaging, Collaboration and support for mobility at a reasonable cost. Host of features like file transfer, desktop sharing, desktop video sharing and power presentation has helped countries like Malaysia to grow into a global business hub. These services has cut the travel cost and has also saved a lot of precious time of the business executives. Moreover, it has helped countries like Singapore and Malaysia earn carbon credits which is at the forefront of their agendas.
The various features of conferencing services are largely availed by education and hi-tech industries and Banking and Financial Services Institutions (BFSI), for remote communication. Therefore, web conferencing services is expected to play a key role in the growth of these sectors. Thus, the benefits of webinar services are huge and the future of conferencing services looks very promising.
Dines Mark is an experienced writer having more than 10 years of experience in writing articles on various topics such as webcasting, Web meeting, and webinars solution.
As we all know it is hard to achieve strategic growth for the improvement of organization program but far more there are different acquisitions that are the best ways of achieving every organizations improvement.
The problem with our economy today is that despite of having different multitude of mergers and acquisitions, it is always said to be that the capacity for a business to grow and develop rests in the hands of its own people.
CEOs from different organizations are making their moves just to improve their organizational performance regardless of size or industry. These steps are very important for different organization to learn.
You must have to let engage your people because it is so important. These actions are always good for your people so that they can learn and to feel passion about the work they do. The first key action is that build a strong understanding of your business strategy. The next one is that build trust. Employees also must know that they are very important for the company. This is very important thing for the company that you should be able to know more about their preferred skills because you can see that it has an effective degree of autonomy to the company. It is always a good point that you will have to focus each department for its improving procedures for the goodness of the company.
It will be a great advantage for your company to have this kind of leadership practices. It is very good for every person in the company to have communication with each other. As you know it is said to be one of the biggest challenges for the leaders in the company. Communicate clearly in simple language, interactively, and daily about the core business subjects will surely make your company works at its finest.
It is very important for the companies improvement of the organizations performance to identify the problem and remove internal conflicts. It is very good for you to learn what are these indicators that causes misalignment of your company so that you can now determine the process and strategy that will work for your company’s alignment with its policies, procedures, and structures.
This is very important thing for you to be able to align your metrics. It is always good that you can see the metrics people that focuses on the need that to be understood. That will be a great advantage for the organizations improvement to know the metrics what it can provide.
The next is that use training and development strategically. Every organization must have these kind of training session in which every individuals of the company can develop their skills towards to the development and improvement of the company. Every employees also must have development strategically to help improve the company.
For all of the important steps this one is the very important thing that every company and organization must have to set focus about their business strategy.
Most businesses would be foolish not to take a look at government contracting as a potential source of revenue. The U.S. federal government spends more than $500 billion per year buying goods and services from outside vendors. Because the government doesn’t produce any products on its own, it turns to the private sector to obtain everything from staplers to multi-million-dollar machinery.
One of the first steps for someone interested in doing business with the federal government is to register as a contractor through uscontractorregistration.com. You’ll be required to provide a DUNS number, a unique identifier assigned to each government contractor. Contact Dun and Bradstreet to receive a DUNS number. Even if you’ve registered in the past, you may need to transfer your information into the new System for Award Management, or SAM, which is replacing older registration systems.
Think you need to be a major corporation in order to do business with the government? That’s not the case. In fact, the federal government is required to set aside nearly a quarter of all contract spending for small businesses.
But if you’re new to federal contracting, becoming established as a reliable vendor whom the government turns to again and again can be a challenge. This may be even more of an issue in recent times, as government makes deep budget cuts and contractors face increased competition. One solution is to work as a sub-contractor to another business that is the primary contractor. Primary contractors are required to subcontract a certain amount of the work to businesses considered -disadvantaged,- which may include small businesses or those owned by women, minorities or veterans.
Becoming a contractor to the U.S. military poses additional challenges. Obtaining a security clearance and demonstrating a track record of maintaining confidentiality may be required. Again, subcontracting is a good way to get started in defense contracting.
Once a contract is awarded, there are numerous details to pay attention to. Contractors need to be mindful of MIL-STD-130, a standard that includes specific labeling requirements for military equipment. Unique Identification, or UID, is a method in which a 2-D data matrix symbol is applied to each piece of equipment to give it a unique identifier. A good source of information on this methodology is id-integration.com. As an additional step, UID verification is used to ensure that the Data Matrix symbol can be reliably read by automated readers. Learn more about verification at ID-Integration.com. UID verification should not be an afterthought; it may be wise to consult an experienced UID integrator – someone who knows how to incorporate UID verification into a particular production system. ID-integration.com contains a wealth of useful information on all the UID requirements.
Thomas Henderson is an applications engineer involved in MIL-STD-130 applications. His experience makes him a wonderful candidate to share helpful information about the challenges involved in item unique identification. Follow me on Google+
Bangkok Firmly in the driving seat as Southeast Asias No.1 fashion industry event, BIFF & BIL 2010 came to a successful close, welcoming a total of 3,822 trade visitors together with more than 26,000 general public.
The four-day fair was held from April 1-4 at IMPACT Muang Thong Thani by the Royal Thai Governments Department of Export Promotion (DEP), Ministry of Commerce, in collaboration with members of the Thai fashion industry and their ASEAN counterparts. With “Look East” being its theme, this years edition is titled BIFF & BIL 2010, ASEAN Integration Textiles Apparel Leather to reflect the combined strengths of ASEANs fashion industry.
DEP director general Srirat Rastapana confirms the optimism: “BIFF & BIL 2010 got a very positive feedback with the highest number of overseas visitors and buyers hailing from Japan, Vietnam, India and the USA, Cambodia, Philippine, China, Hong Kong, and ASEAN neighbors. The event managed to attract 595 companies from in and out of the country, totaling 1,022 booths on a space of over 45,000 square meters. Exhibitors and buyers have done more deals [at the Fair] than ever. It was incredibly useful that they have found it invaluable to have the chance to meet and catch up with key international contacts over a few packed days.”
BIFF & BIL is the only tradeshow in Thailand and SEA dedicated to all facets of the fashion market, covering everything from textiles, garments, gems and jewelry, travel kits, leather goods, shoes, ready-to-wear street fashion items, sportswear, lingerie, fashion accessories, etc that ranges from upstream to downstream manufacture.
International trade visitors from all parts of the world flocked to the fair where they made use of the opportunity to gain an overview of the current fashion industry, new collections. Prominent brands from 10 ASEAN and Greater Asian countries like The SUPPORT Arts and Crafts International Centre of Thailand (Public Organization) – SACICT, Combodia, HANDY HARTONO (Indosiesia), Laha (Laos), DOZO (Myanmar), DitaSandicoOng (Philippines), FUCHSIA LANE (Singapore), Kai (Thailand), THE LINE (Vietnam), Tamaki Niime (Japan) and Left & Right (Chaina) joined in the exploration of new market opportunities with such industry leaders as Saha Group, Street Fashion Runway, Designers Room, Micheal Angelo, Ethnic Thai, SC&F, SHAKA, Kongkiat, Paragon, Ferrie Fabbies etc.
Among highlights include a series of exclusive fashion shows by top local brands and those from overseas, the ASEAN Pavilion and the Japan Pavilion as well as the Asian Designer Congress, which was held for the first time in Thailand.
“By consolidating these local competencies into the regional cooperation under the ASEAN Integration initiative, it is believed that the fashion industry of ASEAN would have more access to the global market and gain greater competitive advantages,” said Mrs Srirat.
She also commented, “The positive numbers and better-than-expected sales at BIFF & BIL 2010 prove the fashion industry is resilient and provides a positive indication for the future of Thai fashion industry as it positions itself to be a regional fashion center.”
If you’re a federal employee yourself, you might be wondering what you will be able to make the most of aside from the standard merits that you may obtain from them. Since millions of us dollars and assets are granted this year. You’ll now be able to experience short interest so loans for federal government workers can be granted.
At the present, one can benefit from various campaigns by which an employee can take delivery of for a few million dollars so somebody can initiate a company of his/her own. It ensures that federal government intend to aid their workers regarding money and income.
Apart from the usual credits being presented by federal government to its employees, many lenders are too targeted to supply credit availability to people who are declined for certain advance approvals in the past. One of the main explanations why the federal government has definite to aid individuals, is as they’re concerned regarding the downsizing of the economy. If the federal government will be capable to produce individuals the capital to begin with, after that the financial system will flourish again.
It is not that tough to avail such loan possibilities these days. It will not take more that 2 days to start using the funds granted to you after you submit the application to your department. As the federal government provides the guarantee of these loans, these companies aren’t that much concerned when the matter is to wasting their amount. In its place, companies are more than aimed to help as much as they can, to try for a better financial system.
There is one great benefit of these loans for those employees who are capable of manage their own business or those who have already experience with them in this regard. You’ll find numerous companies who have already taken help of these campaigns which are supported by the Federal Government by itself that also consists of loans. These small organizations are significant in keeping the economy living. So it can be concluded that if government is supporting this way and the employees are taking benefit from it then there are great chance for the economy to have stable soon.