Premium Essay

The Conditions We Need as We Face East

In: Social Issues

Submitted By Karenknd
Words 966
Pages 4
The conditions we need as we face East
Whether we call it looking East instead of West, it was good news that the Chinese Premier came calling, and choose Kenya as his key launching pad to the rest of East Africa. We have our emerging economy to thank for this because as some saying goes “a shilling can only be attracted by another shilling”. The Chinese have seen potential for business in our country and they want a share of this business.
And when it comes to sovereign partnerships, China is possibly the cream of the best. The most populous country on earth with a population that is thirty times that of Kenya, at 1.4 billion, China has recorded an annual growth of over 9% since 1978, moving from a low-income country to a middle-income country in a span of three decades. The rapid economic development has come on the back of key institutional reforms and high quality human capital as drivers. There is a lot to learn from the China, on its transition to occupy the position of the second largest economy and possibly the future world superpower.
The premier was on a business tour to promote business for Chinese Companies, for the interest of the Peoples Republic of China. He came with good news for Kenya and Africa at large, that funding from China will come devoid of any crippling conditions!
Of course this is refers to “conditions” other than loan conditions such as the amount must be paid back with interest. For all purposes, the interest rates appeared to be more commercial than concessional. And of course they will not look too closely whether or not the amounts are spent on the specific projects promised, so long as the loans are fully repaid! They know where the shoe pinches most, and they are ready to offer us relieve, at a cost. What they forgot to add is that really at the end of the day, it’s our business and for our interest, that the loans are...

Similar Documents

Premium Essay

Response Paper

...Omar Hamada 900141417 Social Problems in the Middle East Dr. Nazek Nosseir Research Paper What Are The Real Reasons Behind Poverty In The Middle East? "Poverty: The state of being extremely poor" by Oxford Dictionaries Introduction With the recent revolutions in the Middle East demanding word and social justice, and the high levels of unemployment in the region. The Middle East is still suffering from a high poverty rating, and a huge wage gap between the social classes. Rich people literally are getting richer while the poor are facing more problems and disasters as time goes by. Many questions remain unanswered: What are the reasons behind poverty in the Middle East? Why do rich people get richer while the poor get poorer? How do the rich people benefit from the current situation? How laws are fixed to protect only the rich? Are governments involved in these acts? Poverty rate in MENA has been slightly declining since 1990 to 2005, 17 percent of the region's population live below $2/day in 2005. The region faces various challenges in poverty reduction, such as the persistency of poverty, as poverty in this region is impacted by a hasty economic growth, which is above 2 percent per capita. This is a result of the nature of poverty, which is concentrated on groups that benefit the last ones from that economic growth: the uneducated, rural residents, families with a lot of members. Another challenge the region is facing is the increasing inequality, which is......

Words: 2553 - Pages: 11

Free Essay

The East Asian Community

...The East Asian Community Before the East Asian Summit, which aimed to promote economic and political cooperation in the region, was held in Malaysia in December 2005, many people had questioned whether the East Asian Community was really emerging. However, although the EAS ended with the issuance of the Kuala Lumper Declaration, it is not wrong to conclude that a goal to bring Asia together is still too far to reach. The Summit left many points that support the conclusion. First of all, the criteria to join the EAS are indefinite. When member countries are not geographically East Asian, there will be a problem in creating a sense of East Asian regionalism. Inevitably, the EAS must open to the big powers like the U.S. and India although their joining not only drags a conflict from outside but also intensifies the tension between China and Japan. The U.S. will try to balance Russia while India will try to exclude Pakistan from the EAS. And two countries may help Japan containing China instead of being mediator. Their presence may lead to political tensions and obscure the EAS progress. Second of all, it is difficult to reconcile the future relationship between the EAS-APEC, and the EAS-ASEAN Plus Three framework. Some Chinese scholars and officials want the EAS to be the Asian coordinating group of APEC, but this needs India to join APEC. In addition, the Kuala Lumper Declaration stated that the EAS would not replace or be an alternative to the A+3. Does this mean that......

Words: 802 - Pages: 4

Premium Essay

Holistic Care

...care - Long Term Conditions Assignment. Throughout this paper I will analyse the epidemiological data of my area of clinical practice; Slough. I will create a health profile with briefly analyses different areas of variation within the community including deprivation, housing and the structure of the population focussing on the different nationalities that reside within Slough. Following this I will briefly discuss the various long-term conditions that are prevalent within this area before ultimately choosing the most prevalent amongst them to discuss in detail. Along side the discussion of the long-term condition I will focus upon the group of people who are seen to be the most inclined to suffer from that ailment, focussing on the factors that impact upon their trajectory or path travelled with the illness. I will then go onto discuss the possible interventions that will assist patients with the long term condition to cope with their illness, drawing upon national policies developed especially for sufferers of that long term condition. In order to fully encompass the trajectory of a person with a long-term condition I will produce a case study that looks at the history of the patient’s condition and the current health problems with which they face, including the symptoms and experiences during the process of care. Frameworks for affective holistic care will be discussed, ensuring that they take into account the patient’s social needs, cultural needs and their own......

Words: 4123 - Pages: 17

Premium Essay

Conflict Face Negotiation

...Face-Negotiation Theory (Conflict) Dr. Stella Ting-Toomey developed the Face Negotiation Theory as a way of describing how people from different cultural backgrounds handle conflict with each other. She bases her theory on two basic concepts: Face (how we want people to see us/our public self image), and Facework (ways of handling conflict). She has identified 7 core assumptions and 5 empirical propositions that when used in tandem illustrate the Face Negotiation Theory as of 2010. A copy of the assumptions and propositions has been attached at the end of this document. Regarding the first concept—Face (also described as self-face concern), to people from the east and some middle-east countries (China, Japan, Egypt, Iran) the concept of face is multi-faceted with its origins going back to the time of Confucius. For them, face involves the feelings of respect, honor, status and connection. The concept of Face is a very serious issue. Infact, under some conditions, it can be a life or death issue. One can save face, give face and have face taken away from them. For people mainly from the west such as the US, face is not a complicated thing--it usually just means the saving of face—we know we have it, and we don’t want to lose it (i.e. embarrassment in front of others). As you can see, there are huge differences in how each culture views the concept of face. This is a prime example of something that can and will cause serious intercultural conflict. To......

Words: 1620 - Pages: 7

Premium Essay

Question!!!

...List the problems when east meet west may encounter and tell the way work out With the rapidly challging word, people throughout the world have found it increasingly necessary to minimize the rate of misunderstanding due to miscommunication in their contacts with another. In the oast most human beings were born, lived, and died within a limited geoographical area, never encountering people of other cultural backgrounds. It might be said that technological advances have been most effective in creating the borderless word, the global community. As our world shrinks and its inhabitants become interdependent, people from remot cultures increasingly come into contact on a daily basis. It is no longer hard to find situations in which membes of ince isolared groups of people. Now these people may live thousands of miles away or right next door to each other. So all the people are faced with the challenge of understand this world. So when the east meet west, there are many problems. Some problems are listed as follows. First of all, the way of eating. All huaman beings have certain basic needs. Our fundamental needs for things that keep us alive. This is the physioligical need. All individuals must eat in order to survive. But what people eat, when they eat, and the manners in which they eat are all patterned by culture. No society views everything in its environment that is edible and might provide nurishment as food. Americans eat oysters but not snail. The French eat snails but...

Words: 2436 - Pages: 10

Premium Essay

Marketing to the Bottem of the Pyramid

...legacy. They traveled the world to compare notes and surgical approaches and returned with international patients. Mayo Clinic has used word-of-mouth marketing to maintain its global reputation. Its marketing department has existed for only the last fifteen years. Mayo Clinic’s locations are in three metropolitan areas: Rochester, Minnesota; Scottsdale/Phoenix, Arizona; and Jacksonville, Florida (Mayo Clinic’s Website). The strength of Mayo Clinic is that the clinic specializes in hard-to-treat diseases. They are known for innovative and effective treatments for diseases that had gone undiagnosed or under-treated. It is also known for being at the top of most accredited quality standard listings. The value vision of Mayo Clinic is that “the needs of the patient always come first.” Since the year 2000 Mayo Clinic is also known for achieving high quality at lower cost. Moreover, the Mayo Clinic is most famous for developing an integrated patient care practice. A patient will see from two to ten doctors in a single visit, potentially on the same day, reducing the cost of multiple visits and more importantly allowing doctors from different specialties to confer with each other and plan a course of action for the patient (Mayo Clinic’s Website). FACTS Mayo clinic has performed internal and external research in order to gain a better understanding of the international market for healthcare providers, as well as its own position within the market. Internal data are analyzed......

Words: 1377 - Pages: 6

Free Essay

A Task for Strategy

...Drama that described tions into the failure in South ment policies different Korea, econo- a book entitled his investigadevelopAsia. a very South however, countries Malaysia, some South and Southeast Asian besides Singapore, such as India, Thailand, and Indonesia drama), (the very also show signs of of economic scene of Myrdal’ s and Southeast drama: Kong, Japan, Twenty years later, we are experiencing kind of Asian Taiwan, Hong an economic takeoff. World Bank data on the average annual growth product rate of per capita gross national the East Asian (see Exhibit 1) confirm and Singapore are now outperforming the United States and Western Europe economically. Western markets are flooded with high-quality, hightechnology products “made in Asia”; the production of cameras, TV sets, and domestic appliances has all but ceased in many Western countries, the automobile business has suffered severely, and President Reagan has had to violate his free-trade principles to save the U.S. microchip industry. It is true that most of the competition is from East, rather than from South or Southeast Asia; lead. The Five Dragons, as these countries are sometimes called, are heading the list, with average annual sustained-growth percentages over a 20-year period of 7.6% for Singapore, 7.2% for Taiwan, 6.6% for South Korea, 6.1% for Hong Kong, and 4.7% for Japan. These compare with rates for Western Europe of between 3.5% for Austria and 1.6% for Britain; for......

Words: 7835 - Pages: 32

Premium Essay

Organization Behavior

...Topic: A study on Deliverance ltd. opening a new branch in South East London. Contents ........................................................................................................................1 Abstract ........................................................................................................................2 Statement of problem ...................................................................................................3 Introduction ..................................................................................................................4 Advantages of opening new branch in South East London .........................................6 Disadvantages of opening new branch in South East London .....................................7 Literature Review .........................................................................................................8 PEST analysis ...............................................................................................................9 SWOT analysis ............................................................................................................11 Michael Porters five forces ..........................................................................................13 Boston Consulting Group ............................................................................................15 Stakeholders Analysis ................................

Words: 8976 - Pages: 36

Premium Essay

The Crumbling of the American Emprire

...defense purposes. The cost of construction has been estimated at $425 billion, as of 2006. In 2011, we find ourselves driving on an obsolete system. Massive traffic jams, deteriorating roads and bridges, and the financial burden are just a few issues our country faces today. The slow response of FEMA after hurricane Katrina, brought the poor condition of our government’s ability to handle disaster into the public’s eye. Monday, August 29, 2005 at 7:00 a.m. hurricane Katrina makes landfall as a category four storm. The day before the Louisiana National Guard requested 700 buses for the evacuation, FEMA only sent 100. Approximately 30,000 people gather at the Silver dome, with only thirty-six hours worth of food and water. The U.S.S. Bataan sits offshore awaiting relief orders. It has helicopters, doctors, food, water, 600 hospital beds, and the capability to make up to 100,000 gallons of water a day. The government failed to utilize its assets in this time of great need. The Wolf Creek Dam is located in south central Kentucky on the Cumberland River. Design and construction started in 1938 and was completed in 1952. Lake Cumberland was created by the dam, it is the largest reservoir east of the Mississippi River, and the ninth largest in the United States. In 1968, muddy ......

Words: 430 - Pages: 2

Free Essay

Business

...TERM PAPER UNEMPLOYMENT AND ITS SITUATION IN ASIA Submitted to: Sir Abdul Farooq Submitted by: Muzammil Shahid (10) Ifzal Ahmed (09) Hajra Fazal(29) Adeel Abid(08) (F005-BBA) Date: 11, December 2006 Contents 1. Introduction 3 1.1 Statement of problem 3 1.2 Objectives of Study 6 1.3 Methodology and source 7 1.4 Organization 7 2. Review of literature 8 3. Analysis of Data 23 3.1 Global Causes of Unemployment ......

Words: 7276 - Pages: 30

Premium Essay

Pakistan In Today's Pakistan

..."WHO IS A PAKISTANI IN TODAY'S PAKISTAN?" The topic of the essay poses a question which allows for a number of different perspectives to exist. My approach shall be to portray a Pakistani who would be on the favourable side of every controversial issue (face least opposition) under the existing conditions in Pakistan. Such a citizen would be an "ideal Pakistani" in today's Pakistan. The "ideal Pakistani" shows the following characteristics: 1. Is a Muslim 2. Considers Urdu to be the sole National Language of Pakistan. 3. Accepts the history Pakistan Studies Textbooks present as fact. 4. Says "Thank You Raheel Sharif" and looks towards India as a grave external threat. 5. Is affluent and influential. 1. IS A MUSLIM: Being a Muslim...

Words: 1670 - Pages: 7

Free Essay

Globalisation

...not so. This is an inaccurate geographical imagination, though one which is useful to some. In fact what is going on is far more complex. To give some examples of this greater complexity; first at the same time as some barriers are falling we are also building a newly regionalised world of Europe, of the Far East, and of the countries of NAFTA." Using this quotation the complexity is the creation of new types of borders (i.e. while some barriers are falling, others are being put up). What you need to do then, is think about what types of challenges this complexity might create in future. For example, perhaps the challenge will be the inaccessibility and exclusivity these barriers might pose to some. Or perhaps the challenge is the management of those barriers? Another way of conceptualising the challenges presented by this complexity may be to consider the way in which it fosters isolated cooperation or understanding amongst peoples. Does this make sense? The readings cite a number of complexities associated with globalisation - they are present conditions that have resulted from global processes. The challenges are things that we will face in future, as a result of these complexities. We cannot know definitively what those will be, but we can certainly think about the prospects. | | Another complexity: trade with nations far away? | INTRODUCING HUMAN GEOGRAPHIES BY CRANGE ET. AL. | NOTES | PAGE NUMBER | COMMENTS ON INFORMATION | - | | | | NOTES |......

Words: 282 - Pages: 2

Premium Essay

Sustainable Housing Solutions for Jakarta: Building Up and Moving Jobs Out

...Sustainable Housing Solutions for Jakarta: Building Up and Moving Jobs Out Presented By: Eric Auvinen Yuwei Hu Jennifer Kavak Russell Renteria Juan Rosas Presented To: Bruce Pickering November 26, 2013 Table of Contents 1. Executive Summary……………………………………………………………………i 2. Background of Jakarta………………………………………………………………...5 3. Lack of Space…….……………………………………………………………………6 4. Housing Recommendations…………………………………………………………...7 4.1 Government Tax Credits to Move Jobs out of Inner City…………………….7 4.2 Maisonette adoption in South Tangerang……………………………………..8 4.3.1 Cost of Building Maisonette Housing……………………………..9 4.3 LEED Certified Vertical Housing……………………………………………10 4.4.2 Cost of Vertical LEED Building…………………………………11 5. Inhibitive Ancillary Issues………..………………………………………………….12 5.1 Flooding……………………………..…………………………………...…..12 5.2 Pollution……………………………………………………………………...12 5.3 Lack of Sanitation..…………………………………………………………..14 5.4 Traffic Congestion…....……………………………………………………...15 6. Solutions to Ancillary Issues………………………………………………………...16 6.1 Flooding……………………………………………………………………...16 6.1.1 Cost of Flooding Solutions………………………………………17 6.2 Solution to Pollution…………………………………………………………17 6.3.1 Cost of Implementation…………………………………………..18 6.3 Solution to Sanitation………………………………………………………...18 6.4.2 Cost for Sanitation......

Words: 6538 - Pages: 27

Premium Essay

Nortel Networks

...company’s goals, current systems in place and plans for the future. It will also show past examples of why careless mistakes and risky behaviour could cripple a company’s performance, even if the mistake is minor. The TransCanada Company is a Canadian giant and a world leader in energy. They specialize in many regions of the energy industry, including gas, electricity and oil. Currently, they have over 10 natural gas pipeline projects, 13 oil pipeline projects and 8 electric projects on the go, not to mention their existing infrastructure and day to day operations. They have over $46 billion in assets and are constantly expanding, devoting billions in investments across North America every year. A Company of this size with so much power needs to behave in the most ethical way possible and consider all stakeholders with the utmost respect. A lack of attention to detail and its effects on society could lead to disastrous effects to not only North America but to TransCanada itself. This company is on the world stage in the oil industry. Overall, even when consider its past faults, TransCanada constantly shows tremendous efforts to improving itself and the world around them. As stated within this paper, they tend to handle crises in a timely and proactive manner, with no visible attempt to withhold information from the public. TransCanada is a good role model...

Words: 14163 - Pages: 57

Free Essay

Volatality of Indian Rupee

...Capital account convertibility of the rupee is a distant dream because macro economic parameters have to be stable before it is implemented. The low current account deficit should be sustained and the fiscal deficit needs to be contained. * Leads to free exchange of currency at lower rates and an unrestricted mobility of capital * Beneficial for a country because inflow of foreign investment increases * The flip side, though, is that it could destabilise an economy due to massive capital flows in and out of the country “We are surely on that path but it will take a few more years. The rupee as a currency should be more frequently traded internationally,” said Dwijendra Srivastava, chief investment officer (debt) at Sundaram Mutual Fund. India’s external sector was vulnerable till recently, with the current account deficit above the comfort level of 2.5 per cent of the gross domestic product. It was 4.2 per cent of gross domestic product (GDP) in 2011-12 and rose to 4.7 per cent in 2012-13. After severe curbs, including restrictions on import of precious metals, the deficit fell to 1.7 per cent in 2013-14. In  2014-15, it continued to stay low, with the third quarter showing a deficit of 1.6 per cent. The fiscal situation remains fragile. The turning point was in 2007, the year of the global financial crisis. The fiscal deficit of the central government has been 4.6-6.5 per cent in the past six years, before falling to 4.1 per cent in 2013-14. The government......

Words: 7455 - Pages: 30