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China Currency Exchange Rate Essay

The cash system received by China is neither fixed nor adaptable conversion standard framework. China has declared in 2005 the â€Å"e...

Tuesday, February 18, 2020

Peer review of the proposals Essay Example | Topics and Well Written Essays - 500 words

Peer review of the proposals - Essay Example   The second proposal covers most of the criteria but fails to point out the hypothesis precisely. The writer claims that the intent of the study is to explore curatorial modes of contemporary art specific to the Asian-Pacific region and develop guidelines for curators to use when deciding on the most appropriate mode. The study will achieve this by adopting a qualitative method in analyzing the history of curatorial practice and how it affects contemporary practice. Also, the author will explore a number of case studies in modern museum art with the emphasis on the display to determine the mode that best promotes public attendance in the specific region. The study topic is stated in the title of the proposal and explained in the proposal. The author also provides possible outcomes of the study which includes improved local economy, advocating existing culture and creating an environment that suits the needs of the community.The content of the study is relevant as it is focused on art administration. The author concentrates on improving the competence of curators with an aim of improving the administration of the museum. The author suggests that the guidelines developed from the study will help the curators to improve the local economy by aggregating the number of visitors. Also, the museum will maintain its role as a representative of the local culture since it will be rearranged to suit the needs of the local community. However, the lack of a clearly stated hypothesis and the study design used to reduce the viability of the study.

Monday, February 3, 2020

Introductory Economics (Macroeconomics) Essay Example | Topics and Well Written Essays - 1750 words

Introductory Economics (Macroeconomics) - Essay Example If interest rates are forecasted to be low in an economy, then it makes productive investors believe that in the long run, cost of borrowing funds would be less. Under such circumstances, the rate of investments made in an economy would increase and level of economic productivity would also rise. Finally, a rise in the domestic product of a nation simply indicates a fall in unemployment rates. The Bank of England initially claimed under the regime of Forward Guidance Policy that it would not increase the lending interest rate above .5% in the long run, until the unemployment level in the country falls to 7% or below (BBC, 2014). Accordingly, such claims made by the Bank had succeeded in lowering the level of volatility in the market as well as enhancing the level of investments made in the country (BBC, 2014). Nonetheless, governor of the bank had mentioned that it was required to revise the Forward Guidance Policy because such forecasts would generate excessive job opportunities in the nation, that would automatically increase the amount of money and hence, demand in the economy; ultimately carving the path of inflation in the long run (Howker and Malik, 2010). The Bank also claimed that in its revised Forward Guidance Policy, it would forecast several macroeconomic factors, apart from unemployment and interest rate. The bank asserted that it would increase the interest rate to 2% to stabilize the unusual growth of employments in the nation. Although Mark Carney claimed that the country would experience high growth from 2.8% to 3.4% in the recent years, he also added that the growth was â€Å"neither balanced nor sustainable† and way below the pre-financial crisis levels (BBC, 2014). With reference to such revised estimates for future, the risk adverse attitude of investors in the nation would fall to some extent. They would realize that they had overestimated stability of the economy