East and South East Asia Differences Term Paper

East and South East Asia Differences - Term Paper Example The Asian Economic Miracle: Asian "Tigers" According to Chong (284), the Southeast Asian "tigers" is terminology whose usage is in reference to the Southeast Asian economies such as Thailand, Malaysia, Singapore, Hong Kong and Indonesia. Chong (284) elucidates that the term economic miracle has found usage in the definition of the speedier growth amid these nations within the past decades reaching its heights in the 1990s and culminating into the fiscal crisis of 1998. Reportedly, this era of economic augmentation brought with it an appreciable modernity as well as superior living standards amid their populace. Chong (284) observes that the accelerated development is traceable back to the sixties when the East Asian wealth grew at a miraculous rate given the slower over global rates. The subsequent decades witnessed similar growth rates that were far better than any other nation across the globe. According to Chong (284), none of the nations within this matrix experience wealth appreciation lesser than the highest values re corded else where within the globe. According to Cardarelli & Vivek (64) the developments witnessed in the south east and Southeast Asia are the results of two principal wealth creation strategies. Firstly, the considerable state involvement and secondly is the design and implementation of a successful export orient wealth augmentation base. ... According to Chong (284), China bears considerable resemblance to its southeastern neighbors with a characteristic strong aristocratic leadership and dependence on export-oriented growth model for its fiscal and wealth creation enhancements. Additionally, the wealth expansions in china have appreciably enhanced the modernity with observable increment in the overall living standards. Nonetheless, the nations persist to experience principal environmental predicaments which are inclusive of huge floods, extreme weather situations as well as recent life fatal accidental incidences within its rapidly progressing transport section. In spite of the closed up political system, China enjoys considerable levels of interactions with the rest of the globe. Cardarelli & Vivek (79) observes that such interactions are evident in its massive exports and enormous foreign exchange preserve. According to Cardarelli & Vivek (80), Chinese exports in the preceding year totaled about 1.5 trillion dollars with an overall global ranking of number two. Similarly, its imports were a considerable 1.3 trillion, which was third globally, while attracting massive foreign preserve of close to 2.6 trillion fiscal units. This massive reserve ensures China ended the preceding year as the leader in the foreign deals. Similarly, the past year saw Chinese external investment increment to about 279 billion dollars while the unswerving foreign deals reached an unbelievable 578 billion dollars. Cardarelli & Vivek (80) believe that these massive exports are confirmation of the presumed excessive dependency on exports.

Leadership Research Paper Example | Topics and Well Written Essays - 750 words

Leadership - Research Paper Example One of the foci of these varied discourses is the concept of leadership and the way it affects the efficacy of any organization. The reason for laying emphasis on this topic is multifold. First, the importance that effective leadership holds in functioning of any sort of activity is self-evident: a football team cannot perform without a coach, a company without its CEO and a family without a head. Secondly, the failure of leadership has evidenced some of the most drastic failures of the history: empires with lazy kings, companies with ineffective heads and teams with incompetent captains have, been the driving force behind the downfalls of their tenure. It is for this reason that this paper focuses on the leadership and skills that make up a good leader. The paper dwells into the effective leadership styles and the skills, which are important in building strong management strategies, which subsequently help in strengthening the structure of any organization or a company. Unlike popul ar beliefs, there is no one formula of a good leader. Every task has a different context to it and leaders, or rather good leaders, differ from one task to another. Thus, a good leadership strategy in one field may not be the optimal plan of action in the other (Koestenbaum, 2002). Therefore, a good leader understands the situation he is surrounded with, and performs in accordance with the situation. For example, the soccer coach of a primary school team and that of a country’s premier league team seem to be alike, but in reality are very different. The coach of the primary school team cannot use the same disciplinary methods or motivational speech as those of the latter coach. His audience is different and so he needs to be more loving and less strict in his attitude than the professional coach of a much bigger team is. Thus, there is no one definition of a good leader. However, there are some primary uncontested skills, which form the base of all sorts of leadership styles and are therefore very much in demand. Some of these skills are explained here: Time-Management Time management is one of the most fundamental skills necessary for effective leadership. A good leader not only manages his time well but also plans effectively for his her team. Here, time management does not only refer to planning schedules and sticking to it but also to the active attitude. A good leader is always on the go and does not slack or lay off work for the next day. Leaders are also very goal-oriented. They envision an end and then set more specific, short-term goals that lead to that bigger aim. Importance of time management best reflects itself in the example of Mughal emperors of India, who, due to their distraction to gambling and women, lost their empire to British reign. Self-Confidence Self- confidence is another very important tool of good leadership. Self-confidence means that the person has faith in his own self and really believes in his ideals and actions. A good leader can only inspire others to work for the goal if he really believes that they all are capable of achieving that goal. On the other hand, an insecure or unconfident leader who is doubtful of his own ideals will not do justice to the responsibility that he bestowed with and will inhibit the goal achievement process of his team (Goleman, 2004). People skills The most important of all the leadership skills is the skill to deal with people. A good leader invests resources in building rapport