Economic Growth Rate of Malaysia

Economic Growth Rate of Malaysia After world recession the rates of growth were changed from last years the same as Malaysia (graphs bellow). Malaysia has been feeling the result of global economic decline, principally in the last quarter of 2008. Exports and investment had focused during the time that consequently caused real GDP growth to decelerate sharply to a marginal 0.1%.In the face of increasing global economic complexities, the Government had reported the second Stimulus package of RM60 billion in March 2009 in order to prevent the domestic economy from reducing and fall into a deep recession. Over 2009 and 2010, the package implemented that also help employment, private division investment and consumption as well as providing social safety net. In November 2008, the Government had announced the first stimulus package amounting to RM7.0 billion. The fiscal stimulus packages are to compliment expansionary monetary policy to help support domestic spending and overall economic growth. The Government recently r evised downward the countrys GDP predict for 2009 to between minus 5.0% and minus 4.0% from its earlier projection of minus 1.0% to 1.0%. The revision was made after first quarter 2009 GDP shrank a worse than expected 6.2%. This is the first decline since third quarter of 2001 (-0.4%). Whole the world was found a bad circumstances in recession and inflation, and this data demonstrated the responsibilities of Malaysia government for prevent its country in against of inflation and its affection on lifes quality. In short, The Malaysian economy recorded a moderation in 2008 affected by the sharp deterioration in global economy as the US sub-prime mortgage problems evolved into a full-blown global financial crisis. The deterioration in external demand had adversely affected the countrys export and investment performance, while slowing down spending on consumption. As an open economy, Malaysia is experiencing the stronger impact of global economic crisis this year and the countrys real GDP could also slip into recession after posting a moderate 4.6% growth last year. A number of monetary and fiscal policy measures have also been announced by the Government to help support the economy. While the fiscal stimulus involves high budgetary cost to the Government, and the fiscal deficit will significantly expand, the expansionary policy responses are necessary to help prevent the economy from sliding into a deeper downturn. However, the positive effects of these policy measures can only be achieved following their quick and effective implementation. Economic growth take places whenever people take resources and reorganize them in ways that are more valuable. A useful metaphor for production in an economy comes from the kitchen. To create valuable final products, we mix low-cost ingredients together according to a recipe. The cooking one can do is limited by the supply of ingredients, and most cooking in the economy produces undesirable side effects. If economic growth could be achieved only by doing more and more of the same kind of cooking, we would eventually run out of raw materials and suffer from unacceptable levels of pollution and nuisance. We learn from human history that, however, economic growth springs from better recipes, not just from more cooking. New recipes usually produce less unpleasant side effects and produce more economic value per unit of raw material. Every generation has perceived the limits to growth that limited resources and undesirable side effects would pose if no new recipes or ideas were discovered. Moreover, every generation has underestimated the potential for finding new recipes and ideas. We constantly fail to grasp how many ideas remain to be discovered. The difficulty is the same one we have with compounding: possibilities do not merely add up. In 1997, Malaysia suffered from a harsh blow by the Southeast Asian financial crisis, the exchange rate of Malaysian currency ringgit against the U.S. dollar has decreased 46%, the composite index of stock market fell more than half. In 1998, Malaysias economy first, started the negative growth (-7.5%) since last 13 years, after that unemployment and inflation rates increased. In September 1998, Malaysian Government adopted the expansionary monetary policy, then the introduction of selective capital and currency control calculates came out. The major content concentrated on the regulation of short-term foreign investment, the Ringgit Malaysia against the U.S. dollar exchange rate will be fixed at the level of 1:3.8, and then government announced the prohibition of offshore ringgit transactions. After that, Malaysia financial situation was being stabilized, the stock market had also been gradually recovered, and an annual economic average growth rate has remained above 8% since that y ear. In recent years, Malaysian saw the stable exchange rate of currency, restructuring of bank corporate debt, expanding demand of domestic and new export policies, the economy of Malaysia has maintained a rapid growth. Government had stressed some important implementations to fiscal deficit, for example, the abolition of a number of costly image projects, especially focusing on the construction and other basic industries such as agriculture. Government recommends the consuming and investing behaviours, so now the private sectors are as the countrys new economic growth pillars. At the same time, government encourages the development of tourism, education and achieves economic diversification. To increase the economic growth rate, first, must minimize the costs and absorb more investment. Now we can see there are many countries are competing with each other, they fight just because they want more investment, but this behavior may lower the standard, as well as reducing the variety of requirements. So, all of these are losses to us. Malaysia can do something to avoid this situation. For example, help Malaysian tourism to be revitalized. In addition, Malaysia government also does not want to lower the standards. Otherwise, they must further maintain a high standards and own brand. Malaysia government needs to have some of their own methods and measures, not just to say that they refuse all the recommendations from west, but in fact, they just need to achieve a balance. We may feel that the west measures depend on the transparency and accountability. However, the fact in Asian countries, this has been a weakness, they always say that there would be many stimulus packages, and the unnoticed part is not fully utilized or the part of measures we want from west for focusing on the accountability, which was mentioned above, while strengthening auditing the standards. By this way, Malaysia government can help the people, not by a number of external affairs of the harm and impact, these things are already not aware by them, and no longer their responsibility. If Malaysia attempts to achieve a faster economic growth rate according to the current global situation, I think, compare with the advantages obtained already, Malaysia citizens will burden more disadvantages once government makes this decision. For example, unemployment and economic growth are negative correlation, that is, economic growth rate rises, unemployment rate declines; on the contrary, economic growth rate declines, unemployment rate rises. On the other hand, inflation and economic growth is related so closely, it means that the high economic growth rate has generally been accompanied by a high rate of inflation. First, the rapid economic growth, will further stimulate the growth of investment, but also increase a substantial demand in aggregate, thus contributing to a increase in prices which leads to the inflation; if Malaysia government lower the speed too fast, although the prices may be stabilized for a while, but also will bring problemssupplies are reduced, and many companies will be in cut-off, semi cut-off state, even some workers will lose their livelihood security which also causes the social instability(this is already happened on Malaysia export industries a few years ago). Nevertheless, if the economy is growing too fast, obviously exceeded the scope of resources, which will cause a serious inflation. About the rising prices, especially the sharp rise in prices will affect the economy continues to grow rapidly. Because prices rise sharply is so harmful, the state will adopt austerity measures to curb inflation. The contraction speed will lead a sharp declining in economic growth rate or even sustaining a slow economic growth rate. Therefore, during the economic restructuring process of Malaysia, although her economy runs its own complexity and uncertainty, the relevant departments in government must implement the tasks, which are assigned by the citizens to maintain the economic stability of Malaysia.

Secret Life of Bees

1. Coming of age: A coming of age novel is a novel in which shows the transition of the protagonist from childhood to adulthood through a physical, mental, emotional, or spiritual journey. The Secret Life of Bees is a coming of age novel for Lily because she matures and loses her innocence. For example in chapter two Lily makes a mature decision to leave home because she finally realizes that how T. Ray is treating her is vile and un-fatherly. (Kidd 39-43). When Lily comes to the bee farm, she finds that there is goodness in the world. When she finds this goodness she grows up a little more and adds more experience to her somewhat small view of the world. 2. Literary Allusions: A literary allusion is something in the text that references to something that the audience would recognize. For example the book references Moses delivering God’s people out of Egypt, and the other uses that allusion to tie together how the bees are the one’s that delivered Lily away T. Ray. Lily says that the bees â€Å"were sent as a special plague for T. Ray. God saying, Let my daughter go, and maybe that’s exactly what they’d been, a plague that released me. † (Kidd 151). This allusion is tied to the plot because she is referencing the bees to the classic story of Moses, and also talks about how the bees were her escape from T. Ray. 3. The bees are important to the story because they are the ones who have appeared to guide Lily throughout the entire book. In the beginning of the book she traps a few bees in a jar but feels guilty about leaving them in a jar so she opens the jar to let them free, but the bees don’t leave right away, it takes them awhile to finally leave (Kidd 27-28). The bees continue to be a motif because they signify how each bee has a purpose, just like each character has a purpose. This is important to May’s death because if one bee leaves the hive things go crazy and so May was the bee that left and this left the entire hive in a fury (Kidd 192-214). The bees are also a motif in the title because in the beehive Lily has this big secret that she continues to keep from everyone and this is where the title The Secret Life of Bees has most likely came from. 4. The river is relevant to Lily’s coming of age because with this river Lily sees death and this probably reminds her of her mother’s death. Also Lily gets a more clear understanding of death because of the river taking the life of May. The river is also symbolic because the river makes up the stones that make the Wailing Wall and so Lily finds the sadness in the wall and finds out about May’s pain and sadness (Kidd 80-83). With this information Lily is able to grow up and figure out more about the world itself outside the beehive. 5. Setting: The setting is essential to the story because with the time period first of all if it took place in modern time Rosaleen wouldn’t have gone to prison, nor would those men have been aloud to beat her up without getting in trouble. Sadly this was a time when people treated black people poorly as if they were still slaves in a sense. Something else that would have been different is T. Ray wouldn’t have been able to treat Lily the way he had and this is essential to the plot because if T. Ray hadn’t gotten away with being an awful father than Lily probably wouldn’t have run away from home. The time period is important to how this story plays out for if it had been a different time period this story wouldn’t have happened. 6. 7. 8. Foil: In the story it is obvious in short period of time that June is quite different from her older sister August. While June is cold to people and shuts them out, especially Lily, August is calm, caring, motherly, and the queen bee. June is very protective of her self where August is outgoing and let’s people in no matter who they may be. For example June wants to essentially throw Lily out on the street because she wants to keep things easy, but August says that Lily needs to stay until she is ready to leave (Kidd 86-87). This is one of many times where August and June clash in personalities and this is quite important because it moves the plot along. Secret Life of Bees During the Civil Rights Movement there was a lot of hatred and violence between the black community and the white community all because of skin color. When Whitney Moore Young, Jr. states, â€Å"Together, blacks and whites can move our country beyond racism and create for the benefit of all of us an open society, one that assures freedom, justice, and full equality for all†, Whitney means that if all the hate is put aside, the community, even the entire country, can overcome anything. Racism can make or break a community or just a simple friendship.In The Secret Life of Bees, a novel by Sue Monk Kidd, worlds collide during the time of prejudice and racism. In the novel, a young girl tries to find herself within a black family, and learns more than she expected about herself, then she would anywhere else. She sees how even she, herself, has evidence of slight racism in her mind. When racism takes over of a society, it does not just change the mind of one person. It changes the mind of many, causing relationships and friendships between people to falter or grow.Racism can cause a dilemma with relationships between people and cause them to be at a thin line. When Lily and Zach are eating lunch after a day of work, Zach explains his dream job and what he plans to accomplish in the future. When Lily hears about it she cannot believe it. She has a sense of annoyance. Without even knowing it, she is being a bit of a racist when she states, â€Å"I’ve just never heard of a Negro lawyer, that’s all. You’ve got to hear of these things before you can imagine them† (Kidd 121).Lily does not realize she is putting Zach down by saying the statement above. Zach became defensive and stood up for himself, but surprisingly did not hold a grudge. It was more of him teaching Lily a lesson that the most famous and intelligent people do not get where they are by being unoriginal and uncreative. They get where they are by imagining what has never bee n seen before. Right around when Lily and Rosaleen first get there, Lily has a thought that suddenly seems to prove to her that she does have some prejudice in her and she is not as open-minded as she thought.Her thought after meeting August is, â€Å"Since I want to tell the whole truth, which means the worst parts, I thought they could be smart, but not as smart as me, me being white† (Kidd 78). Lily suddenly feels like she has learned a lesson about herself by meeting August and the Boatwright sisters. Until this point, she has understood racism as an act whites only committed towards color people. Nevertheless, Lily respects and feels devoted to August, and this respect and devotion begins to grow the relationship between August and Lily into something similar to a daughter-mother relationship.This only proves how racism can make or break a relationship, because you can either offend or learn from what you are doing and thinking. Racism does not just go one way and it nev er will. Everyone as different thoughts and everyone feels differently about certain things. It is a way of life almost. Lily discovers this once she begins living in the Boatwright house when June makes a statement, â€Å"But she’s white, August† (Kidd 87). When Lily overhears June make this comment, she becomes angry and thinks how absurd it is to dislike someone for their skin color.What Lily does not seem to realize right away is that it is the same thing when it comes to the discrimination white people have towards color people. This is an interesting moment in the novel because white people do not usually experience this type of discrimination and it confuses Lily at first but later realizes the reason June does not like her is because of the color of her skin and who she is. It only helps prove how racism can cause a relationship to never even be close to a relationship.The prejudice that goes around society also influences the way relationships are made and how they grow because society almost influences everything done and how it is done. An example of this is when Zach tells Lily, â€Å"Lily, I like you better than any girl I’ve ever known, but you have to understand, there are people who would kill boys like me for even looking at girls like you† (Kidd 135). Zach says this to Lily regarding any potential romantic relationship between them. This comment shows how unfair racism can be and is.Young love is typically carefree and easy and something you look forward to. However, as young teenagers, Lily and Zach have to think about the prejudices of the rest of the society because how dangerous it can get. Racism is not something that will ever really go away in this country or anywhere else as a matter of fact. It can break apart an entire nation just because of the way people think and look at things differently. Even though that is how things already are, when it comes to something so serious like racism though, there is a very thin line that people seem to cross a lot.It all just impacts the society and how it works because of a certain group of people see things a different way then it causes people to feel like what they do can be wrong if it is not approved of. People should just respect each other and let everyone be. It can really bring the nation or just a small community together and that moves the generation forward into something so much bigger and stronger. It is how Whitney Moore stated that if we can all learn to move forward as one, it can become an open society, full of all the wonderful things a society should be filled with.

Personal Leadership Vision Essay

Everything started to come together in the spring of 2013. I could see the light at the end of the tunnel. Graduation was only a few short months away. Okay, so maybe it was more like ten months, but it certainly didn’t seem like that long. My then boyfriend, now husband, and I moved into our first place together in March, and I got the Marketing and Sales Internship that set me up for the perfect job with the Houston SPCA. After graduating in December, I had a Bachelors of Science degree in Agriculture Leadership and Development with an emphasis in Animal Science. But I couldn’t just up and leave quite yet. I still had five months left at my internship. The Marketing and Sales Internship equipped me with so much more than I could have asked for. I built upon my relationship building strengths, and created a substantial network of peers, professors, and mentors. I was able to hone my communication skills, and how I interact with the public and potential customers. And finally, I was able to see interdepartmental communication and operations, also the interaction of one outside agency with another outside agency. This allowed me to see what worked and didn’t work in order to create ideas and plans for any future jobs I would have. After the five months had pasted, I put in my application to Houston SPCA. Ever since I saw an episode of animal cops, I knew this is what I wanted to do with my life. I have always wanted a career with purpose and I though why not join that with my love for animals. I absolutely love getting up and coming to work everyday. No day is ever the same, and so I am constantly learning and building my knowledge and skills. Also, by coming to work, I am able to fight injustice for those who can’t fight for themselves. Presently, I am in my dream job. I am the President of the Houston SPCA. I am able to be involved with every aspect of our organization. Everything from cruelty calls, to media and publications, and community outreach to shelter maintenance, I have my hand in. Now, I am not saying I am a Theory X kind of person, that is in everything because I like to dictate and watch over everyone. That is not a pleasant experience. I have my hand in everything because I love the job. It also allows me to stay connected with my staff and volunteers to make sure their needs are being met as well. Now have the title of President may sound glamorous, but I had to work my way up the chain of command just like everyone else. My first job at the shelter was as an animal behavior specialist. In this position, I not only helped rehabilitate our shelter animals, but I also did a great deal of socialization with our clients as well. I really liked to sit down and get to know a family before they adopted a pet. This allowed me to suggest the best possible animal match for the both the family and the animal to be adopted. If everyone left happy then I had done my job well. This is something I learned back in Marketing and Sales Internship. As the President of the Houston SPCA I can have some very strange, and sometimes inconvenient hours. But thankfully, I have a wonderful family that not only supports me, but they love my job as much as I do. My husband, the boyfriend I moved in with in March, and I have known each other since daycare days. I went to his mother’s daycare, we went to the same high school, and we worked and the same summer job. However, although I knew him and knew who he was, I didn’t really know him. Our friendship grew while we worked together, and our friends always whispered in our ears about the possibility of us taking our relationship to the next step, but neither of us was brave enough to say anything. That is until my first semester at Texas A&M. Don’t get me wrong; my first semester at school was great. I was away from home and at the school I wanted to be at, but something was missing. At first, I couldn’t pinpoint it, and ironically enough, I was talking to my husband about it. God finally got tired of waiting on us to admit how we really felt about each other, so he pushed a little harder. For some reason, I suddenly found the courage to tell my husband how I felt and ask if he felt the same. And, well he did, but it wasn’t all sunshine and rainbows after that. We both knew we had feelings for each other, but weren’t sure we wanted to risk our friendship and take things to next level. At this point, God didn’t just push us a little bit harder, He shoved. It was a defiant, I brought you two together for a reason, so stop fighting me, get your butts in gear, and let my plan unfold, kind of moment. And, I am so thankful each and everyday that God put this amazing man in my life. He helps balance me out. He is an honest, trustworthy, hardworking man that does anything and everything to provide for his family. Family, I have always been apart of a family, but its weird to actually say I have my own family now. Yes, that’s right; a husband, three kids, numerous pets all situated on a 15-acre ranch outside of Houston. Now, I am not saying I didn’t expect to have a family. I have always wanted to be a wife and a mother. It’s just weird the time has already come. But once again, God has blessed me. We chose to live on a ranch because both my husband and I have always wanted to live in a place with land and animals. As a girl, we had the land, but never any animals except for our family dogs, which were inside dogs. We wanted to be able to have animals, to plant gardens, and to just have room. We felt it was vital for our family to be able to separate from the hustle and bustle of the city, and just slow down. There is a downside to living on the ranch sometimes though. Because there is always something to do, and there are always mouths the feed, it is difficult to get away and take â€Å"vacations†. But, my philosophy is, if you love what you do, then it’s not work, and if you are not working, then who needs a vacation? I guess that it the key to it all. I finally stopped worrying about finding a job. I took a step back, and asked myself what I wanted from life. Did I simply want a paycheck, a means to an end, or did I want a career that fueled my passion? And when I finally decided to let it all go, and do something that made me happy, things fell into place. I am not saying it was easy; there were some bumps along the road. But I worked through them. With the support and encouragement of my family, I put my faith in God; I took action and turned my dream into a vision.

Compare and Contrast of the Three Faces of Power - 1821 Words

Some theorists believe that ‘power is everywhere: not because it embraces everything, but because it comes from everywhere†¦ power is not an institution, nor a structure, nor possession. It is the name we give to a complex strategic situation in a particular society. (Foucault, 1990: 93) This is because power is present in each individual and in every relationship. It is defined as the ability of a group to get another group to take some form of desired action, usually by consensual power and sometimes by force. (Holmes, Hughes Julian, 2007) There have been a number of differing views on ‘power over’ the many years in which it has been studied. Theorist such as Anthony Gidden in his works on structuration theory attempts to integrate basic†¦show more content†¦Luke’s one-dimensional view of power is centred on this concept and in order to develop understanding as to how power is achieved and maintained within society, an analyses of decision-ma king in the public arena must be made. It also contests that the group that holds and maintains power can be determined by looking at who succeeds when there is political conflict. (Lukes, 1974:12) It emphasises the importance of the observed behaviour of those in power and analyses the effects on the wider community when making decisions (Lukes 1974:25) Lukes spends a lot of time discussing Dahl’s theory of power through his own theory. The power held by a specific group may be either, ‘overt’ or ‘covert’ but the triumph of power is at the point is during the decision-making process and when these decision have been made, especially, those of the controversial nature of ones centred around the most conflict (Lukes, 1974:13) The one dimensional view of power proposed by Lukes is the most straightforward of the three dimensions. In a way, it is also the easiest to observe, as the power structure through decision-making is more translucent and has a lo t of clear definable features. The two-dimensional view or second face of power discusses the non-decision making and how the group or individual controls what is put on the political agenda. This form of power is power through agenda setting. The perspective of theShow MoreRelatedDescription of Different Feelings in Sonnets Essay1532 Words   |  7 Pagesthis essay, I am going to look in detail at three sonnets showing very different feelings. I will show all the main features and try to explain what the writers were trying to show and underline in there sonnets. Each of the three sonnets I have chosen are by different writers and also from different centuries, I have decided to look at ‘God’s Grandeur’ by G.M Hopkins, ‘Death be Not Proud’ by John Donne and also ‘Shall I Compare thee to a Summer’s Day’ by William ShakespeareRead MorePersuasion Of The Book : The Book Thief And Meiin Kampf744 Words   |  3 Pagesgargantuan amounts of power, and they could render an abysmal or euphoric event based on how they are used. 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