Chinas Economic Growth - 1224 Words

China’s Successful Economic Growth China may share some economic growth patterns with Japan, Korea, and Taiwan due to cultural similarities, geographic location, similar economic development strategies, or, in the case of Japan, relatively large size of the domestic economy. China’s economic growth is expanding at a great pace, while other countries may be at a standstill. China has been the world s fastest-growing economy. One of the main stimuli twelve years ago was the release of Hong Kong to China from Great Britain. The second largest stimulus was the opening of free trade with other countries, in which China was originally a closed trade country. Foreign trade and investment have played a crucial role in the growth of the†¦show more content†¦The differences between the two divisions have combined to form an economic and cultural social gap between the rural and urban areas, which is a major division in Chinese society. Although China has acquired some highly sophisticated production facilities through trade and also has built a number of advanced engineering plants capable of manufacturing an increasing range of sophisticated equipment, including nuclear weapons and satellites, most of its industrial output still comes from relatively ill-equipped factories. The technological level and quality standards of its industry as a whole are still fairly low. China had a difficult time in joining the World trade organization, due to their background of communism. The first step was receiving the blessings of the United States and their backing. In 1999 China approached the United States in order to get a foothold and entrance to the World Trade Organization. With WTO membership, China foresaw that foreign companies and banks would increase their presence in the Chinese market, setting examples and creating competition for the domestic system. The most widely cited reason for China s push to join was that supporters of reform saw it as a way to continue the restructuring of China. For example, many plans were been initiated to restructure and revitalize state owned enterprises since the mid-1980s, but only minor progress was made during the beginning processes in 1999.Show MoreRelatedChinas Economic Growth Process in a Nutshell1688 Words   |  7 PagesIntroduction: China has achieved brisk economic growth since late 1970’s, with an average annual growth rate of 9.8% over the past 27 years. Such economic growth owes not only to economic reform began at the end of 1978, when the third session of the Central Committee of the 11th National Congress of Chinese Communist Party was held and later regarded as a landmark in the existing Chinese history, but also to administrative reform accompanying with economic reform. Administrative reform has beenRead More The Impact of Chinas Modern Foreign Policies on Economic Growth1229 Words   |  5 PagesImpact of Chinas Modern Foreign Policies on Economic Growth Recent Chinese economic policies have shot the country into the world economy at full speed. As testimony of this, Chinas gross domestic product has risen to seventh in the world, and its economy is growing at over nine percent per year (econ-gen 1). Starting in 1979, the Chinese have implemented numerous economic and political tactics to open the Chinese marketplace to the rest of the world. Just a few areas Chinas governmentRead MoreThe Impact of Chinas One-Child Policy on Its Economic Growth Over Time2269 Words   |  9 Pages: What is the impact of China’s one-child policy on its economic growth over the years? This paper will show that the standard econometric estimation conceals the takeoff effect and thus underestimates the economic impact of demographic changes. In effect, the impact of China’s one-child policy moved the timing of the economic take off by a decade. The original intent of the one-child policy was for economical purposes. The authorities envisioned reducing the demand of natural resources, reducingRead MoreThe Economic And Economic Growth Of Chinas Economy1341 Words   |  6 Pages 2016 Coming out of a lackluster 2015, GDP growth slowed to 1.5%. Confidence of investors and consumers was unable to make significant gains as a result of the Presidential election and global uncertainty. The outcome of the 2016 election had a great affect on the US economy and the fiscal and monetary policies that could be put in place. Uncertainty over taxes, regulations, and trade following the election have led to a slowdown of growth. Consumption and government spending both increasedRead MoreChinas Economic Growth Due to Recent Foreign Policies1301 Words   |  6 PagesChinas Economic Growth Due to Recent Foreign Policies Recent Chinese economic policies have shot the country into the world economy at full speed. As testimony of this, Chinas gross domestic product has risen to seventh in the world, and its economy is growing at over nine percent per year (econ-gen 1). Starting in 1979, the Chinese have implemented numerous economic and political tactics to open the Chinese marketplace to the rest of the world. Just a few areas Chinas government isRead MoreGiant Panda : How Chinas Economic Growth Affects Populations3526 Words   |  15 PagesGiant Panda: How China’s Economic Growth Affects Populations Young panda approaching through the bushes [Fritz Poelking, 2008] Daniel Quiroga English 110 Dawn Service 5 April 2012 Giant Panda: How China’s Economic Growth Affects Populations Daniel Quiroga English 110 Dawn Service 5 April 2012 Summary   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Giant Panda  is a bear native to central-western and south western China and it is easily recognized by its large, distinctive black patches around the eyes, over theRead MoreChina s Impact On China1321 Words   |  6 Pages Moreover, after setting up economic institutions and an industrial base, Deng Xiaoping established various Special Economic Zones in China that allowed for increased foreign investment, helping to develop China’s commercial growth. As described before, when Deng Xiaoping came to power, his goal was for China to fulfill the Four Modernizations: modernization in agriculture; industry; science and technology; and defense. Deng believed that the only way China could keep up with Western countries wasRead MoreChina s Economic Growth Is Unstable, Unbalanced, Uncoordinated, And Unsustainable761 Words   |  4 Pagespress conference in March 2007, China’s Premier Wen Jiabao argues the biggest problem with China’s econo my is that its economic growth is unstable, unbalanced, uncoordinated, and unsustainable. Since export and investment play unsustainable roles in increasing China’s real GDP, this study tries to testify how consumption enhances the sustainability of China’s real GDP in the short run over a long period of time. As Krugman (1994) suggests, increase in the economic growth rate in the steady state canRead MoreChina s Economic Impact On China883 Words   |  4 PagesChina becomes the second largest economy in this world and it has showed the remarkable economic performance over the last two decades after The United States. China’s gross domestic product (GDP) as Share of World GDP at PPP 25 years ago only reached around 4.7%, now China contributes 16.32% of world GDP. China exports the relative cheap products that lowered consumer prices across the globe, and its imports have had a major impact on global commodity prices. China also has become a major hub ofRead Mor eSimilarities And Differences Between China And Australia1236 Words   |  5 Pagesand Australia economies have many similarities and differences, including the size of the economies, growth rates, unemployment, inequality, standard of living, environmental issues and the roles the different governments have in influencing and modifying these factors of the economy. Size of Economy The GDP is the total market value of goods and services in an economy over a period of time. China’s GDP is significantly larger than Australia’s, measuring 9.24 trillion $USD as of 2013, while Australia’s

Oppenheimer Essay Example For Students

Oppenheimer Essay Dr. Julius Robert OppenheimerJulius Robert Oppenheimer was an American physicist and governmentadviser, who directed the development of the first atomic bombs. To scientists,he was not only the builder of the atomic bomb and a pioneer in atomic energy,but a master of many languages, a good conversationalist and a brilliantmathematician. He was also a writer, and an expert in both the history ofarchitecture and the religions of the world. Oppenheimer, who was born in New York City on April 22, 1904, andeducated at Harvard University and the Universities of Cambridge andGottingen, grew up in a middle class neighborhood. He was raised by hismother, who was an artist who provided a nice apartment with a subdued,tasteful atmosphere. His grandfather came from Germany where he was apeasant farmer and grain merchant. The Oppenheimers family business wasimporting fabric for the clothing industry. As a child in grade school,Oppenheimer excelled in all subjects. This continued straight through all of hisschooling. During his years at Harvard University, Oppenheimer excelled in Latin,Greek, physics and chemistry. He also published poetry and studied Orientalphilosophy. After graduating in 1925, he sailed to England to do research inthe Cavendish Laboratory at Cambridge University , which, under theleadership of Lord Rutherford, had an international reputation for its pioneeringstudies on atomic structure. Oppenheimer was fortunate to enter physics in1925 because that is when modern quantum mechanics came into being. Hewas one of the first scientists to use quantum mechanics for the exploration ofproblems which had been insoluble with the old quantum theory. While atCambridge, Oppenheimer had the opportunity to work with the British scientificcommunity in its efforts to advance the cause of atomic research. Shortly thereafter, Max Born invited him to Gottingen University, wherehe met other prominent physicists, such as Niels Bohr and Paul Dirac, andwhere, in 1927, he received his doctorate. He then returned to the UnitedStates. After serving with the International Education Board from 1928 to 1929,Oppenheimer became a professor of physics at the University of California atBerkeley and the California Institute of Technology where he worked from1929to 1947. There he built up large schools of theoretical physics. He was notedfor his contributions relating to the quantum theory, the theory of relativity,cosmic rays, positrons, and neutron stars. He was also able to show that abaffling movement of a deuteron (heavy hydrogen nucleus), being looselybound, surrenders its neutron on entering the field of a heavy nucleus. Theeffect was that the heavy nucleus captures the stripped neutron, becomesunstable and then radioactive. This discovery helped to later develop thehydrogen bomb, which is thous ands of times more powerful than the atomicbomb. In his early years of teaching, Oppenheimer had little success andmany students complained to the head of the physics department about howquiet he was and how he overestimated his audience. The department head,Raymond T. Birge, knew that Oppenheimer already knew that he was notgetting through to the students and therefore did not need to be told. Soonenough he began to interact with his audience by dropping his pace of deliveryand going to great lengths to make connections between ideas clearer. Bydoing this he attracted a small group of some of the brightest students. Thesestudents thought of him as a brilliant lecturer and some remarked that he wasone of their most inspiring professors. In 1940 Oppenheimer married a woman named Katherine Harrison. They had one son whom they named Peter and a daughter whom they namedKatherine. They lived in a beautiful house on Eagle Hill in the San FranciscoBay area. .u26cc4982ddcd34dcc629cd5ce42d775b , .u26cc4982ddcd34dcc629cd5ce42d775b .postImageUrl , .u26cc4982ddcd34dcc629cd5ce42d775b .centered-text-area { min-height: 80px; position: relative; } .u26cc4982ddcd34dcc629cd5ce42d775b , .u26cc4982ddcd34dcc629cd5ce42d775b:hover , .u26cc4982ddcd34dcc629cd5ce42d775b:visited , .u26cc4982ddcd34dcc629cd5ce42d775b:active { border:0!important; } .u26cc4982ddcd34dcc629cd5ce42d775b .clearfix:after { content: ""; display: table; clear: both; } .u26cc4982ddcd34dcc629cd5ce42d775b { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u26cc4982ddcd34dcc629cd5ce42d775b:active , .u26cc4982ddcd34dcc629cd5ce42d775b:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u26cc4982ddcd34dcc629cd5ce42d775b .centered-text-area { width: 100%; position: relative ; } .u26cc4982ddcd34dcc629cd5ce42d775b .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u26cc4982ddcd34dcc629cd5ce42d775b .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u26cc4982ddcd34dcc629cd5ce42d775b .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u26cc4982ddcd34dcc629cd5ce42d775b:hover .ctaButton { background-color: #34495E!important; } .u26cc4982ddcd34dcc629cd5ce42d775b .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u26cc4982ddcd34dcc629cd5ce42d775b .u26cc4982ddcd34dcc629cd5ce42d775b-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u26cc4982ddcd34dcc629cd5ce42d775b:after { content: ""; display: block; clear: both; } READ: Overpopulation And The Economi EssayDuring a leave of absence that lasted from 1943 until 1945,Oppenheimer served as director of the atomic bomb project at Los Alamos,New Mexico. After warnings from Albert Einstein and Leo Szilard, bothrespected scientists, that the world would be in grave danger if the Nazis werethe first to create an atomic bomb, Oppenheimer began to seek a process forthe separation of uranium-235 from natural uranium. He also strove todiscover a way to determine the critical mass of uranium required to make sucha bomb. On July 16, 1945, the joint effort of outstanding scientists at LosAlamos created the first nuclear explosion. This took place at Alamog ordo,New Mexico. That October, Oppenheimer resigned from the project. Hisleadership and organizational skills during the project earned him thePresidential Medal of Merit in 1946. In 1947 Oppenheimer became director of the Institute for AdvancedStudies in Princeton, New Jersey, serving there until the year before his death. He was also chairman of the General Advisory Committee of the Atomic EnergyCommission, or AEC, from 1947 to 1952 and served thereafter as an adviser. In1954, however, he was suspended from this position on charges about his pastassociation with Communists. Oppenheimer had been notified of a military security report that wasunfavorable of him and that dealt with his alleged associations with Communistsin the past. One of these alleged associations was with his wife and brother whowere both known to be Communists. He also had no close friends that were notCommunists. He had made substantial sums of money monthly to theCommunist party which further contributed to hi s indictment. There was alsoevidence that his ties with Communism had survived the Nazi-Soviet Pact andthe Soviet attack on Finland, that he belonged only to Communist organizationsapart from professional affiliations. The people whom he had recruited into theearly wartime Berkeley project were exclusively Communists and he had beeninstrumental in securing recruits for the Communist party, but his worst and mostincriminating action was certainly his frequent contact with Soviet espionageagents. During the war, Oppenheimer was responsible for employing manyCommunists, some of them being non-technical, at wartime Los Alamos. Heselected one of these individuals to write the official Los Alamos history. He was also accused of delaying the naming of Soviet agents and ofopposing the building of the hydrogen bomb. A security hearing that followeddeclared him not guilty of treason, but ruled that he should not have access tomilitary secrets. It was a powerful case that basically tried to label Oppenheimeras a Communist. It is important to remember that all of the accusations werealleged and came without proof, but the question still remains today as toweather Oppenheimer was simply subject to bad coincidences or if theaccusations really had any significance. As a result of the trial, Oppenheimers contract as adviser to the AtomicEnergy Commission was cancelled. This action reflected the politicalatmosphere of the time, as well as the dislike of some politicians and militaryfigures for Oppenheimers opposition to development of the hydrogen bomb andhis support of arms control. The Federation of American Scientists stood behindhim and protested the trial. During this time he wrote his book Science and theCommon Understanding. He also wrote Lectures on Electrodynamics whichwasnt released until 1970. Subsequently, efforts were made to clear Oppenheimers name, and in1963 the AEC conferred on him its highest honor, the Enrico Fermi Award. Thisprize carries with it a purse of $50,000. He devoted his final years to study ofthe relationship between science and society. He died in Princeton on February18, 1967. Science Essays