High Saving Promotes Faster Growth - 2505 Words

High saving promotes faster growth. So having more savers in the global economy should be good for our long run prosperity. Long-term economic growth is the expansion of the productive potential of an economy. Therefore, to ensure such growth, aggregate supply must continually shift outwards as shown in the diagram below. Figure 1: Long-term economic growth The diagram shows aggregate supply shifting outwards from AS1 to AS2 and consequently the price level falls from P1 to P2 and real gross domestic product rises from Y1 to Y2. Saving refers to the income of a household, firm or government that is not spent but set aside for future consumption or investment. It is vital to an economy because it provides finance for capital†¦show more content†¦A particularly interesting comparison is household saving and corporate investment between and the United States. Household saving as a percentage of household disposable income is shown in Figure 3 below. There is a clear difference, with China having a continually higher level of household saving in comparison to the United States. Figure 3: OECD (2015), Household savings (indicator). doi: 10.1787/cfc6f499-en (Accessed on 20 June 2015) In China, household saving has been substantially higher than in the US. The average household saving (as a percentage of household disposable income) between 2000 and 2010 was 35.97% whilst in contract, in the United States; this figure was just 4.55%. This is due to several reasons, such as the absence of a welfare system in China. Since households cannot fall back on a state-provided safety net (like what is found in the United States and United Kingdom), households feel more vulnerable and therefore are more inclined to save. In addition, in the United States, borrowing is easier as the personal finance industry is more developed. Hence, households in the United States can buy goods such as property and cars with only a deposit. Conversely, in China, to buy such assets, households need to save up either the whole amount or a large

The Game Of Baseball Yadier Molina - 1100 Words

Yadier Molina is and always will be one of the greatest catcher to ever play the game of baseball. With Yadi coming into the league at such a young age, he has had more of an opportunity to prove himself and the stats and awards he has won can really back it up. Not just is he one of the greatest to play the game at that position, he is one of the best â€Å"on the field managers† as they say as far as controlling the tempo of the game and how it is played. With all of the accomplishments Molina has had in his career, it proves why he is one of the best to ever play the game at the catching position. Yadier Molina who was born on July 13th in the year of 1982 is a Puerto Rican baseball player that has found his way to the MLB and has really made a mark on the game. (Yadier Molina. Famous Birthdays. N.p., n.d. Web. 08 Mar. 2016.) Molina was born in Bayamon Puerto Rico and grew up with his father Benjamin Molina, his mother Gladys Matta Molina, and then his two brothers Bengie and Jose. Yadi’s father was a ameture catcher in Puerto Rico but also worked as a toolsman too. Baseball was in the family for a long time and that is all that him and his brothers knew growing up which would explain why they all three made a professional career out of it. Both his brothers Bengie and Jose ended up being major league catchers as well, but nothing like their brother Yadier. They all knew he had something special growing up and playing as a kid. Molina never really focused on the catchingShow MoreRelatedWhat Is It Ready For The Day Essay1054 Words   |  5 PagesOn May 31, 2017, an imm ensely enthusiastic Devan woke me from my slumber for our first Cardinals game as a couple. Devan, running frantically, jumped onto my bed, waking me up from the best night’s sleep that I’ve ever had in my life. I was well rested and ready for the day ahead. He ripped open the curtains, allowing the blinding sunlight to bleed into the bedroom. In an attempt to keep me awake, he tickled me for minutes on end. The only thing it did was to annoy me. After having Devan tickle meRead MoreVoll Central Case Study1066 Words   |  5 Pagestrade deadline pickup and free agent loss Aroldis Chapman with Wade Davis. They should get a full season out of Kyle Schwarber, who was injured up until the World Series last year and has star potential. The Cubbies have one of the best lineups in baseball, featuring reigning NL MVP Kris Bryant, and 2016 all-stars Anthony Rizzo, Ben Zobrist, and Addison Russell. They also are absurdly sound defensively. Zobrist plays three positions with con sistency and can play almost anywhere, and both Schwarber

Goodness And Nature In Fantasy Essay - 1454 Words

Goodness and Nature in Fantasy Nature often plays a heavy role in the world of fantasy literature. From the scenery of Narnia to the Forest Spirit in Princess Mononoke, there has always been something fascinating and fantastical about the majesty of nature. After all, the entire subgenre of eco-fantasy focuses on this exact concept. Even in our world, nature is seen as the epitome of goodness and purity, therefore it is reasonable that many fantasy stories, even those not traditionally categorized as eco-fantasy, connect their pure protagonists to symbols of nature. Many stories written by the Brothers Grimm demonstrate this, particularly the tale â€Å"Cinderella,† and J.R.R. Tolkien’s massive fantasy trilogy The Lord of The Rings†¦show more content†¦They also are both shown to genuinely like spending time in nature. In the beginning of The Fellowship of the Ring, Tolkien states that Hobbits â€Å"love peace and quiet and good tilled earth: a well-orde red and well-farmed countryside was their favorite haunt,† (1). This continues in The Two Towers when Treebeard responds to Pippin’s remark that the Hobbit was beginning to like their location, stating â€Å"Almost felt you liked the Forest! That’s good! That’s uncommonly kind of you,† (Tolkien, Towers 452). In Cinderella, the girl is shown to frequently spend time in the garden near her mother’s grave. She even requests that her father â€Å"break off the first branch that brushes against your hat on the way home and bring it to me,† rather than desiring the material goods of â€Å"beautiful dresses† and â€Å"pearls and jewels† like her stepsisters wanted. These connections to nature are quite prominent, and are further shown in the characters’ interactions with nature itself. The Hobbits and Cinderella share a certain reciprocity with nature; The protagonists are both shown to aid nature and in return, natur e returns the favor. For example, Merry and Pippin inform Treebeard of the current events in Middle Earth and the Ent agrees to assist them in defeating Sauron’s forces at Isengard. In â€Å"Cinderella,† the title character is shown to have â€Å"wept so hard that her tears fell to the ground andShow MoreRelated Elements of The Lord of the Rings in Final Fantasy VIII Essay1730 Words   |  7 PagesElements of The Lord of the Rings in Final Fantasy VIII      Ã‚  Ã‚   J.R.R. Tolkiens The Lord of the Rings trilogy is arguably the most influential work of fantasy literature in modern times. Its epic tale of good against evil and its surreal world of magical and unusual characters and places have captured and enchanted readers since its publication half a century ago. The story of the struggle to destroy the One Ring still influences numerous tales of adventure in literature, film, and role-playingRead MoreGuide to Critical Essays on Silas Marner1388 Words   |  6 PagesGUIDE TO CRITICAL ESSAYS ON SILAS MARNER: 1. 1.  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  SILAS MARNER: A STUDY IN TRANSITION by Shirley Galloway Writer’s thesis:   * The story is not a fantasy but a serious work * Main issues are  class  ( Eliot refutes the common belief that the upper classes are superior)  industrialization  ( she argues that industrialization dehumanizes and alienates workers) and  religion  ( she suggests a ‘religion of humanity’ as substitute for failure of organized religion). * The issues are realisticallyRead MoreAnalysis Of Billy Wilder s Double Indemnity1589 Words   |  7 Pagesthe viewer is introduced to the femme fatale—who is only wrapped in a towel—and her dangerous, charm-like persona that is crucial to the plot of the film. This scene embodies realism and oneirism by way of it creating a border between reality and fantasy; different elements in the scene represent the real while other elements represent the dream-like state Wilder was trying to achieve. The overall composition of the scene develops the elements needed for realism and oneirism. This scene, which comesRead MoreCompare and Contrast Genesis and Enuma Elish1121 Words   |  4 Pagesapproach while Genesis is the story of one God creating the universe. Enuma Elish is highly mythological and deals with many magical aspects. On the other hand, Genesis is outwardly anti-mythological and deals much more with the natural elements verses fantasy. Examples of this include the personified elements in Enuma Elish such as Tiamat being the God of the ocean while in Genesis, the elements are not personified, but talked about in their natural state. There are also differences among the means ofRead MoreNietzsche s View On The Genealogy Of Morals1553 Words   |  7 PagesAccording to Nietzsche’s assertions in the first two essays of On the Genealogy of Morals, human beings suffer because they have lost the ability to enjoy life to its fullest extent. A significant shift in morals occurred from the time of the ancient Greeks and Romans, who carried out good deeds with a surplus of energy simply because they could afford to do so, to the predominantly Judeo-Christian era of self-repression. This transition demonstrates a decline in our ability to make sense of ourRead MoreTell-Tale Heart and Mental Disorders1011 Words   |  5 Pageshe jumps up and screams his confession. It is believed that the narrator has a mental disorder. It is not normal for his roommate’s eye to have so much control over him. â€Å"It becomes clear to the reader that this madman cannot judge reality from fantasy† (associated content). The definition of mental illness according to Houghton Mifflin is: any of various psychiatric conditions, usually characterized by impairment of an individual’s normal cognitive, emotional, or behavioral functioning, and causedRead MoreEssay about A Psychoanalytical Look at Jim Burden in My Antonia1611 Words   |  7 Pagesof Jim.   Without the understanding of the origin of the novel the reader would not be able to assess the true meaning of the novel nor would they really grasp the concepts and issues that are being discussed through the story itself.   So, with this essay I will bring together the importance of the introduction and how it correlates to Jims search for a parental role.     Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚   Jim Burden is one of the more complex characters that any one reader will ever encounter.   His abandonment issuesRead MoreThe Lord of the Rings: Our Motivation in Committing Evil Acts3549 Words   |  15 Pages The following analysis deals with the nature and source of evil and whether, given our innate motives and moral obligation, we willingly choose to succumb to our desires or are slaves of our passion. From this argument, I intend to show that our human nature requires that we play into our desires in order to affirm our free will. This is not to say that our desires are necessarily evil, but quite the opposite. In some sense, whatever people actually want has some relative value to them, andRead MoreIf Othello Had Been Written in Modern Times How Would It Differ1246 Words   |  5 PagesSpecific question: If Othello had been set in a modern era, how would it differ? Title of text: Othello Task is related to course section Pt 4: Literature- Critical Study, The individual, Community and Identity Task focus: The aim of this essay is to analyse how Shakespeare’s play Othello would differ if it had been set in a politically correct and modern society such as ours. If Othello had been set in a modern era, how would it differ? 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Internships In Professional Corporate Culture †Free Samples

Question: Discuss about the Internships In Professional Corporate Culture. Answer: Internships are an important part of the career growth and desired employment. It increases the professional knowledge and assist the employees in understanding the practical aspects of the job profile as well as assist them in working in a real time work environment. I am an aspiring accountant and want to learn accounting skills required in the professional work environment. The internship will require me to work within professional corporate culture, participate in different accounting activities and managing ad-hoc accounting tasks of the organization (Wilson, 2014). I have sought internship at GTRS, a migration, loan and finance company in Adelaide. The company is searching for accounts professionals and will provide experience in different accounting activities of the organization. It will enhance my skill set as a professional. I will get full exposure to the organization culture, along with skill development. The internship program will assist me along with other professional s to obtain different skills required to work in Australian work culture. It is an excellent opportunity for the graduate accounting professionals. As per the job description, I will have diverse key responsibilities as part of my job. It will include themanagement of database, management of accounts,management of the audits and balance sheet reconciliation, bookkeeping, data entry and the tax returns. I believe that it is an excellent job opportunity as I have all the minimal requirements which an ideal candidate should possess. I have familiarity with the Xero or MYOB software, Microsift Excel and word and proficient in multitasking. Other than that, I also have ability to work under pressure, and have great timemanagement and organization skills. It can be critiqued that I have excellent skills related to bookkeeping, tax management, and organization of the companys accounts. I also possess good interpersonal relationships and the present internship program will further enhance my internship skills and communication ability with my peers and colleagues. My desired career path or goal is to become a skilled accounting professional. Therefore, this internship opportunity will enhance my skill set related to the management of the companys accounts. It is a renowned organization in Australia and handles a lot of accounting related task as it is a migration and loan organization. The company uses advance accounting software such as Xero or MYOB. The learning on these software will be beneficial for me in my future career aspirations (Burns Needles, 2014). It can be critiqued that in the present, I do not possess experience in the accounting field. Therefore, most of the large and big business organizations avoid offering permanent employment. Therefore, it can be stated that the internship will be beneficial in attaining permanent positions in large or multinational business organizations. Recently, several new changes have emerged, which have transformed the finance and the accounting industry in Australia. The latest trend is that the banking and finance industry has consistent and stable performance. The industry is observing a stable growth thus, it will require more skilled and talented professionals. Another trend observed in the finance industry is the growing importance of the technological innovation. The technology is changing the manner through which the banks operate and engage with their customers. Therefore, the banks will prefer young, technology-focused professionals as part of their workforce. In the present, technology is changing the manner in which the financial institutions operate, and as a result, these institutions have to adapt and evolve their business models (Schweyer, 2010). The technology has transformed the strategies which can be used to increase the employee engagement. Another trend with the advent of technology is that of cyber securit y. In the recent years, there has been a string of internet heists on different bank accounts which has increased the concern of the financial institutions regarding the digital infrastructure. It has also elevated the demand of the IT security professions. The companies also expect that the financial executives have knowledge of the latest accounting professionals, skills related to handling these software in an appropriate manner. These software should be used in a proper manner, so that no information technology breach can occur in the organization. The technology has also initiated the trend of high diversity in the business organizations (Jasper, 2006). With the technology, the transportation and communication at greater distance gas become quite easier. The technology has assisted the organizations in creating diverse workplace in which people from different places come together to work. The technology has transformed the core business, structures, and processes of technical innovation. However, with technology, the demographics of the employees have also transformed. These technical trends also have a strong impact on the interview and the shortlisting process of the organization. The business organizations desire that the candidates have skill set for handling different software and have knowledge of maintaining the security for the organizations data. The technology is also changing the manner of the interview process. Nowadays, most of the professionals are recruited through professional networking sites. It is important to create and develop resume according to the digital mediums. Moreover, nowadays, the interview can be conducted via the video conferencing. It is a convenient manner, in which the interviewees do not have to travel, and can give interview from their native location. References Burns, J.O., Needles, B.E. (2014). Accounting Education for the 21st Century: The Global Challenges. Elsevier. Jasper, M. (2006). Professional Development, Reflection and Decision-making for Nurses. John Wiley Sons. Schweyer A. (2010). Talent Management Systems: Best Practices in Technology Solutions for Recruitment, Retention and Workforce Planning. John Wiley Sons. Wilson, R.M.S. (2014). The Routledge Companion to Accounting Education. Routledge