Malaysian Economy Essay Example for Free

Malaysian Economy Essay The Malaysian economy is expected to strengthen further and projected to grow at a faster rate of 4.5% to 5.5% in 2013 supported by improving exports and strong domestic demand. In the Economic Report 2012/2013 released by the Ministry of Finance (MoF) last Friday, it said the assumption was based on the global growth that will pick up especially during the second-half of 2013 (2H13). It said that it was also premised upon the expectation of an improvement in the resolution of a debt crisis in the euro-area and stronger growth in the economies of Malaysia’s major trading partners. The Economic Report 2012/2013 was released in conjunction with the national Budget 2013 that was presented by the prime minister last Friday. It said that given that the domestic economy is expected to strengthen further in 2013; inflation is estimated to increase moderately mitigated by further capacity expansion in the economy. On the supply side, growth in 2013 is expected to be broad-based supported by expansion in all sectors of the economy. Of significance, the external trade-related industries are envisaged to benefit from stronger global growth, particularly during the 2H13. It said that the services and manufacturing sectors are expected to contribute 4.2 percentage points to the gross domestic product growth. MoF said that the prospects in the services sector are expected to remain upbeat in 2013, with the accelerated implementation with major initiatives under the National Key Result Areas and continued investment in the seven services subsectors under the National Key Economic Areas. It said that these initiatives are expected to drive the wholesale and retail trade, finance and insurance, and communication subsectors, which are expected to grow 6.8%, 5.2% and 8.2% (2012 :5.7%; 4.2%; 9.3%) respectively. On the value-added of the manufacturing sector, MoF said that it is expected to grow 4.9%, (2012 :4.2%) with export oriented industries expected to  benefit from the higher growth of global trade, while domestic oriented industries expand in line with better consumer sentiment and business confidence. MoF said that the electrical and electronic (EE) subsector is expected to grow further, driven by higher demand for electronic equipment and parts as well as semiconductors in line with recovery in advanced economies. On the agricultural sector, MoF said that it is expected to grow 2.4% (2012:0.6%) following the recovery in the output of plantation commodities. MoF said that the production of crude palm oil is envisaged to rebound 2.5% to 18.9 million tonnes (2012: -2.5%; 18.4 million tonnes) on account of expanded matured areas to 4.44 million hectares (2012: 4.38 million hectares). On the mining sector, the report said that it is expected to expand 2.7% (2012: 1.5%) on account of higher production of crude oil and natural gas. â€Å"Production of crude oil is projected to increase 3.6% to 600,000 barrels per day (bpd) (2012: 1.6%; 579,000 bpd) due to higher regional demand,† said MoF. It added that several new oil fields are expected to start production in 2013, contributing to higher production of crude oil. On the construction sector, MoF said that it is envisaged to expand strongly at 11.2% (2012: 15.5%) with all the subsectors registering steady growth. On the domestic demand, MoF said that it is expected to grow at 5.6% (2012: 9.4%) and will remain the main driver of growth in 2013 underpinned by strong private sector expenditure. The report added that private consumption is projected to expand 5.7% (2012: 7%) on account of higher disposable income arising from better employment outlook, firm commodity prices and the wealth effect from the stable performance on the stock market following strong domestic economic activities. On private investment, Malaysia is expected to post a strong growth of 13.3% in 2013 (2012: 11.7%) attributed to the ongoing implementation of the Economic Transformation Programme projects. MoF said that public investment will continue to support growth and is expected to expand 4.2% in 2013 (2012: 15.9%) driven by higher capital outlays by the non-financial public enterprises (NFPE’s) and development expenditure by the federal government. It said that capital of the NFPEs will focus on the upstream oil and gas, transport, communication and utility industries. It added that in line with the expansion in domestic economic activities, national income in current prices is expected to increase 7.8% in 2013. The report also said that gross national savings is expected to expand strongly by 11.1%, with the private sector accounting 72.3% of total savings. On the balance of payments, MoF said that it is projected to remain favourable with current account continuing to record a higher surplus of RM71.9 billion or 7.3% of the gross national income. It said that the surplus in the goods account is projected to expand RM126.5 billion. â€Å"In 2013, exports are estimated to grow 3.9% (2012: 2.4%) supported by higher commodity exports and improving global EE demand. The MoF said that inline with increased domestic activity as as to meet increased inputs for the manufacturing sector, imports are projected to grow at a faster rate of 5.2% (2012: 6.5%). On the services account, the report said that it is expected to improve with a lower deficit of RM8.2 billion driven by large surplus in the travel account, following expectations higher tourist arrivals. MoF said that other components in the services account are expected to remain a deficit.

Math Perceptions of Taiwanese and American children Essay -- essays re

Article Critique The objective of this article critique is to review and evaluate several empirical studies which have examined mathematics perception cross-culturally. The main study that focuses on examining mathematics perception cross-culturally is a study that was done in 2004 by Dr. Yea-Ling Tsao. In this study, researchers proved that Taiwanese students consistently score higher in cross-national studies of achievement than American students. Several other studies were done that also support this theory. Therefore, the main purpose of this article critique is to evaluate Tsao’s study in order to properly assess both the validity of Tsao’s design and the inferences drawn from the study. This critique will also show that, while different studies were done at different times, researchers still have come up with one consistent hypothesis: American students are constantly scoring below the national average in academic testing.   Ã‚  Ã‚  Ã‚  Ã‚  In order for Tsao to complete her study, she came up with specific research questions and hypotheses for her study. The study done in 2004 was to determine why is it that Chinese students are constantly amongst the top scorers in cross-national studies of achievement and American students are constantly below the national average. Dr. Yea-Ling Tsao gives an example early on in her article about how different studies have shown that American students are consistently performing poorly on tests of mathematics and science. She also gives an example of how in a recent national study of mathematics achievement, American students in the middle school grades were performing lower than the national average in problem solving, geometry, algebra, calculus, and other areas of mathematics. In contrast, Japanese students from the same grade level had significantly higher average scores.   Ã‚  Ã‚  Ã‚  Ã‚  In this study, Dr. Yea-Ling Tsao is trying to understand the reasons for the different perceptions of mathematics of Taiwanese children compared to American children. Tsao is concerned in taking a deeper look at the cross-cultural differences in mathematics perception and attitudes of younger children. Those tested were 21 students in Denver, Colorado, and 37 students in Taipei, Taiwan.   Ã‚  Ã‚  Ã‚  Ã‚  The researcher’s main concern in the study was to determine if attitudes and beliefs ... ... from. All of the studies that were analyzed were given to young subjects. While we do need the relevancy of young children, we also need to see the effect of the parent and care-givers of the young children. As we all know, most thoughts and perceptions of children stem from their parent’s thoughts and perceptions. That is why it is absolutely vital for researchers to first study how children are taught and who better to show this than their parents. Works Cited Stevenson, Harold W., Lee, Shin-ying & Stigler, James W. (1986). Mathematics Achievement of Chinese, Japanese, and American Children. Science, New Series, Vol. 231, No. 4739, 693-699. Stevenson, Harold W., Chen, Chuansheng & Lee, Shin-ying. (1993). Mathematics Achievement of Chinese, Japanese, and American Children: Ten Years Later. Science, New Series, Vol. 259, No. 5091, 53-58. Stigler, James W., Lee, Shin-Ying & Stevenson, Harold W. (1987). Mathematics Classrooms in Japan, Taiwan, and the United States. Child Development, 58, 1272-1285. Tsao, Y. (2004). A comparison of American and Taiwanese Students: Their Math Perception. Journal of Instructional Psychology, 31, 206-213.   Ã‚  Ã‚  Ã‚  Ã‚  

Installation Art Essay

Out of the many ways in which we can view Installation Art, the term itself is not clearly defined. There are, however, different characteristics of it, and within this essay I will discuss the two most prevalent from my own point of view, and support my thoughts and opinions with examples from information we have encountered throughout this past semester. Although Installation Art has many qualities that it can be associated with, I believe that one which stands true above most is the fact that it Installation Art often casts the spectator as the protagonist. As we have seen throughout the semester, many different artist’s have employed their own ideas of what makes art Installation Art, yet from my own vantage point, it is only Installation Art if we create something for the spectator to walk into and ‘do’ something within the piece itself, as opposed to viewing it from a more museum like way, in order to create a more ‘authentic’ form of art. Lucas Samaras’s creation of ‘Room’, is a direct example of my thoughts on this characteristic of Installation Art. He wished to accommodate the viewer in his work. In this piece, he wished that the space of the piece become â€Å"a wholly immersive environment in which the space existed for the viewer to activate as an engaged and absorbed participant† (Bishop, 27). Installations should be geared toward first hand, real experiences by the viewer, and not illustrate simply a situation. Samaras’ ‘Room’ created this by having the items in the piece ‘fluid’, and not ‘glued-down’. ‘Room’, was a conglomeration of the artist’s own personal belongings reconstructed to mimic his own bedroom, in which the viewer could walk in, sit down on, and actually interact with the items, which, according to Samaras, created the ‘authentic’ quality of the art itself. As we view the characterstic of Installation Art as the spectator casted as the protagonist, we can now realize that, once again looking at Samaras’ ‘Room’, it addressed itself directly to the viewer, whose experience was not that of a detached onlooker, but was indeed the actual focus of the work itself. Samaras created a state of mind more than anything, in which the viewer was essentially in the first-person, and the subject actually will see things through their own ‘daydream’, which is nothing less than escape from a reality that is not completely suspended (in contrast to dreams while we are sleeping, in which we are suspended). According to Freud, a daydream is initially the expression of an unconscious fantasy, as a sort of ‘hallucinatory’ sense and is an escape from reality, which centers the viewer as the protagonist in the piece, because they are the one’s creating the art in which they see.

Internship Experience Report On African Union Essay

MANCHESTER UNIVERSITY The Department of Political Science African Union(PSC)/CISSA Lily Assefa Internship Experience Report (May-August) 2016 INTRODUCTION This document contains the report of my internship period conducted at the Committee of Intelligence Security Services of Africa and at the Peace and Security Council in the African Union in Addis Ababa, Ethiopia for the time period: May 20- August 1st. During my internship at the African Union, I was focused on different on going issues in African but what interested me the most was areas in conflict prevention and the relationship between social media and African governments. I favored these topics because currently there are about 29 ongoing border disputes within Africa, which could have been possibly prevented with better border conflict prevention strategies. Many African governments view social media as a threat as citizens have used it as method of demonstration. Is social media complicating peacekeeping for governments? I. 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