Chinese Economic Stimulus Program
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Chinese Economic Stimulus Program
The 2008–09 Chinese economic stimulus plan () is a RMB¥ 4 trillion (US$586 billion) stimulus package announced by the State Council of the People's Republic of China on 9 November 2008 as an attempt to minimize the impact of the financial crisis of 2007–2008 on the economy of China. Critics of China's stimulus package have blamed it for causing a surge in Chinese debt since 2009, particularly among local governments and state-owned enterprises. The economic stimulus plan was seen as a success and while China's economic growth dipped sharply to almost 6% during 4Q 2008 and 1Q 2009 it had recovered to over 8% in Q2 2009 and over 10% in Q3 2009. The World Bank subsequently went on to recommend similar public works spending campaigns to western governments experiencing the effects of the financial crisis but the U.S. and EU instead decided to pursue long-term policies of quantitative easing (the buying of trillions of dollars worth of government bonds or other financial assets ...
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The Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million (US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a " Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherida ...
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The Diplomat
''The Diplomat'' is an international online news magazine covering politics, society, and culture in the Indo-Pacific region. It is based in Washington, D.C. It was originally an Australian bi-monthly print magazine, founded by Minh Bui Jones, David Llewellyn-Smith and Sung Lee in 2001, but due to financial reasons it was converted into an online magazine in 2009 and moved to Japan and later Washington, D.C. The magazine is currently owned by MHT Corporation. History ''The Diplomat'' was originally an Australian bi-monthly print magazine, founded by Minh Bui Jones, David Llewellyn-Smith and Sung Lee in 2001. The first edition was published in April 2002, with Bui Jones as the founding editor and Llewellyn-Smith the founding publisher. The magazine was acquired by James Pach through his company Trans-Asia Inc. in December 2007. Pach assumed the role of executive publisher and hired former ''Penthouse'' editor Ian Gerrard to update its presentation. Nonetheless, the print ed ...
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Minxin Pei
Minxin Pei (; born 1957 in Shanghai) is a Chinese-American political scientist and expert on governance in China, U.S.-Asia relations, and democratization in developing nations. He is currently the Tom and Margot Pritzker '72 Professor of Government and George R. Roberts Fellow at Claremont McKenna College and is a non-resident senior fellow with the Asia program at the German Marshall Fund of the United States. He was formerly a senior associate with the Asia Program at the Carnegie Endowment for International Peace. Pei earned his bachelor's degree in English from the Shanghai International Studies University, and a master's degree and PhD in political science from Harvard University. In addition, he holds an M.F.A. from the University of Pittsburgh. He is a George R. Roberts Fellow and Director of the Keck Center for International and Strategic Studies. Pei has contributed to a number of newspapers and periodicals, including ''The China Quarterly'', ''The New York Times'', '' ...
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Family Planning
Family planning is the consideration of the number of children a person wishes to have, including the choice to have no children, and the age at which they wish to have them. Things that may play a role on family planning decisions include marital situation, career or work considerations, financial situations. If sexually active, family planning may involve the use of contraception and other techniques to control the timing of reproduction. Family planning has been of practice since the 16th century by the people of Djenné in West Africa, when physicians advised women to space their births at three-year intervals. Others aspects of family planning aside from contraception include sex education, prevention and management of sexually transmitted infections, pre-conception counseling and management, and infertility management.World Health Organization. (n.d.)Sexual and Reproductive Health Retrieved on 30 October 2019. Family planning, as defined by the United Nations and the World ...
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Environmental Engineering
Environmental engineering is a professional engineering discipline that encompasses broad scientific topics like chemistry, biology, ecology, geology, hydraulics, hydrology, microbiology, and mathematics to create solutions that will protect and also improve the health of living organisms and improve the quality of the environment. Environmental engineering is a sub-discipline of civil engineering and chemical engineering. While on the part of civil engineering, the Environmental Engineering is focused mainly on Sanitary Engineering. Environmental engineering is the application of scientific and engineering principles to improve and maintain the environment to: * protect human health, *protect nature's beneficial ecosystems, *and improve environmental-related enhancement of the quality of human life. Environmental engineers devise solutions for wastewater management, water and air pollution control, recycling, waste disposal, and public health. They design municipal water supply ...
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Energy Saving
Energy conservation is the effort to reduce wasteful energy consumption by using fewer energy services. This can be done by using energy more effectively (using less energy for continuous service) or changing one's behavior to use less service (for example, by driving less). Energy conservation can be achieved through energy efficiency, which has a number of advantages, including a reduction in greenhouse gas emissions, a smaller carbon footprint, and cost, water, and energy savings. Energy conservation is an essential factor in building design and construction. It has increased in importance since the 1970s, as 40% of energy use in the U.S. is in buildings. Recently, concern over the effects of climate change and global warming has emphasized the importance of energy conservation. Energy can only be transformed from one form to another, such as when heat energy is converted into vehicle motive power or when water flow's kinetic energy is converted into electricity in hydroelectr ...
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Sustainable Development
Sustainable development is an organizing principle for meeting human development goals while also sustaining the ability of natural systems to provide the natural resources and ecosystem services on which the economy and society depend. The desired result is a state of society where living conditions and resources are used to continue to meet human needs without undermining the integrity and stability of the natural system. Sustainable development was defined in the 1987 Brundtland Report as "Development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs".United Nations General Assembly (1987''Report of the World Commission on Environment and Development: Our Common Future'' Transmitted to the General Assembly as an Annex to document A/42/427 – Development and International Co-operation: Environment. As the concept of sustainable development developed, it has shifted its focus more towards the economic ...
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Social Safety Net
The social safety net (SSN) consists of non-contributory assistance existing to improve lives of vulnerable families and individuals experiencing poverty and destitution. Examples of SSNs are previously-contributory social pensions, in-kind and food transfers, conditional and unconditional cash transfers, fee waivers, public works, and school feeding programs. The core idea of SSN can be understood as an analogy to a circus artist walking on a tightrope with a net hanging under it, ready to catch the artist if she falls. It is not helping her to get up on the line again, but prevents her from falling to the ground, avoiding potentially life-threatening damages. In the same way, the economic social safety net provides a certain minimum amount of welfare or safety that the society has agreed that no one should fall below. Definitions There is no exact and unified definition of the concept of SSN. The World Bank has one of the widest definitions, but multiple definitions are used b ...
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Slums
A slum is a highly populated urban residential area consisting of densely packed housing units of weak build quality and often associated with poverty. The infrastructure in slums is often deteriorated or incomplete, and they are primarily inhabited by impoverished people.What are slums and why do they exist?
UN-Habitat, Kenya (April 2007)
Although slums are usually located in s, in some countries they can be located in s where housing quality is low and living conditions are poor. While slums differ in size and o ...
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Subsidized Housing
Subsidized housing is government sponsored economic assistance aimed towards alleviating housing costs and expenses for impoverished people with low to moderate incomes. In the United States, subsidized housing is often called "affordable housing". Forms of subsidies include direct housing subsidies, non-profit housing, public housing, rent supplements/vouchers, and some forms of co-operative and private sector housing. According to some sources, increasing access to housing may contribute to lower poverty rates. Types Co-operative housing Some co-operative housing may offer subsidized units, but its main mandate is not subsidization. Its operating mandate is to offer non profit housing, where the rents or housing charges as they are called, goes back into the maintenance of the building instead of the profit of a landlord. Co-operative housing is controlled by the members of the co-op, which is run by a board of directors. There is no outside landlord. In most cases, all r ...
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