Hong Kong must move with the times by making itself an efficient :: Economics

Hong Kong must move with the times by making itself an efficient platform for Mainland financial intermediation. A number of journalists with specialised interests in financial developments in Hong Kong asked for my interpretation of the "move with the times" speech delivered by the Governor of the People's Bank of China, Zhou Xiaochuan at the Annual Dinner of the Hong Kong Association of Banks on 30 September 2005. The "move with the times" comment was made by Governor Zhou in relation to maintaining the status of Hong Kong as an international financial centre. We should of course all move with the times and be alert to changes taking place around us if we do not wish to be left behind. This comment has a universal application and is particularly important when times are changing rapidly. Those with the ability to anticipate changes and prepare for them stand a much higher chance of success. Those that carry on doing the same things in the same old way will simply be left behind. This is the reality. I obviously do not wish to quote others out of context or to put words in others' mouths, just as I do not wish anybody to do the same to me. But Governor Zhou delivered an important speech on a matter of great importance to Hong Kong - so important that it merited special reference in Article 109 of the Basic Law - the maintenance of the status of Hong Kong as an international financial centre. And the HKMA does have certain indirect responsibilities for this subject, derived from the Financial Secretary's authority in the Exchange Fund Ordinance to use the Exchange Fund, with a view to maintaining Hong Kong as an international financial centre, to maintain the stability and the integrity of the monetary and financial systems of Hong Kong. So, for what it is worth, I will make an exception to my usual practice and offer my (undoubtedly subjective and possibly biased) interpretation. Since I don't speak from a position of authority, my comments will concentrate more on how times are changing and less on how we in Hong Kong should move with them. Governor Zhou made it abundantly clear that, in terms of the financial environment in which Hong Kong operates, times are changing and changing fast. He made six important points. First, the savings rate on the Mainland is high by international standards and increasing, in contrast to a zero savings rate in the United States. I take this to mean that there is an exceedingly large amount (relative to GDP) of domestic savings on the Mainland to be mobilised and channelled into

How you Responded to the End of the Story ‘Lord of the Flies’ Essay

I am going to explain how I responded to the end of the story, ‘Lord of the Flies’. When Golding wrote, ‘Lord of the Flies’ his views on the world were not very good. When he came out of the Second World War he said that much of what he saw could not be accounted for â€Å"except on the basis of original evil†. What he means is the evil that is already within all human beings. During the ending, Ralph is being hunted down by Jack and the rest of the savages. In this part you seem to be in the mind of Ralph where you learn and understand what he is going through. You can see that Ralph is rushed for time and cannot think because he knows that at any moment on of the hunters could spot him, â€Å"If only one had time to think†. You can understand and feel how scared Ralph is because every time he hears a sound he is very anxious and wonders if it is a savage or just a pig or a bird. The style of the language seems to almost change its tempo as you read it. At one time everything is slow and still. Then it changes and Ralph is rushing about for a hiding place so he cannot be seen. For example, â€Å"he flung himself down by some ferns†. Another thing that changes is the sound of the forest on the Island. Some times it is really quiet and then everything becomes suddenly loud. For example, â€Å"curious trickling sounds†¦. the roar of the forest rose to thunder†. Before the Naval Officer turns up on the beach a lot of the scenery is very violent with flames all around â€Å"the fire flapped at his right shoulder†. Then, as soon as Ralph notices him, everything like man hunting and murders seem so trivial. The Officer thinks that they were just having â€Å"fun and games†. He does not realise what was going on whilst the boys were stranded on this Island. Also once the Officer arrives the language seems to come from his point of view. At first, when the children arrive on the Island they make laws and elect a leader. Everyone seems happy and they are all enjoying the environment of being on their own without any adults to tell them what they should be doing. For example, Ralph says in the first chapter â€Å"No grown-ups†, which he thinks is a good thing. As the novel goes on things start to break down. The rule of the conch begins to be ignored; acts of destruction are being seen and two sides form. Jack’s side whom just want to hunt for meat and play games â€Å"we want meat†. Then there’s Ralph’s side that are making shelters and are trying to find a way off the Island â€Å"If it rains like when we dropped in we’ll need shelters†. One of the ways they tried to get off the Island was by using a fire to create smoke on the top of the mountain. They started it by using Piggy’s glasses, † His specs-use them as burning glasses†. Later the Islands conditions deteriorated even more by the death’s of Simon and then Piggy. At this stage Ralph only has Samneric to turn to. Even they are taken onto the side of the savages, â€Å"they made us-we couldn’t help it†. All these things happen and then they end up hunting Ralph himself, â€Å"They’re going to do you†. Ralph, at the end of the novel was frightened and felt as though he was a hunted animal. All of the savages thought that he was the person in the wrong because he did not follow Jack. He was going to be treated like a 17th century criminal in the way they wanted to put his head on a post like the pigs, † Roger sharpened a stick at both ends†. Ralph had now lost his leadership to the evil of Jack. Jack was now in charge with his own savage society. â€Å"Roger spoke†¦. Chief†. Roger was still evil and was like Jack’s right-hand man. He was the second most important person in the savage tribe. He was really evil right from the start from when he knocked the small children’s sand castles over. Samneric in this play stand for the rest of the people in the world. The way they are easily persuaded to change sides so that they don’t get hurt and don’t stick up for what is right â€Å"they made us†. Simon seems to stand for all good. He seems to represent Jesus Christ in this microcosm. ‘The Lord of the Flies’ represents all evil like Jack and Roger. It is like the Devil. Also the Island that represents the world in the microcosm has two sides. The first is the Lagoon, which is all nice and calm or good, and then the other side of the Island, which is all rough, open sea representing evil. The ending of ‘Lord of the Flies’ is quite abrupt. At one point Ralph is running in a mad rush. Then he seen the Naval Officer and everything calmed down and didn’t seem as bad. The Officer seems to represent sanity and brings the children back to civilisation. After this they were taken off the Island. The Officer said, â€Å"We’ll take you off†. I think this ending is quite good therefore because it shows that among all of the violence in this microcosm, it is just the same in the real world, just on a smaller scale. When the Officer rescues them it shows hope for the World. So after reading the end ‘Lord of the Flies’; linking it to the atmosphere at the start of the story and how Ralph managed to get out of it. I have realised that the ending of the novel is good and true to real life. At the time it was written and now.

Interview Comparative Interview Paper Essay - 1700 Words

Comparative Interview Paper Introduction Gladwell Kamaru MidAmerica Nazarene University Comparative Interview Paper Introduction I got the opportunity to interview two distinct professional counselors. I will be discussing their similarities and differences in their professional careers; Based on their professional identity, approach to therapy orientation, work setting as well as discussing unique experiences they have encountered. The interview experience was very insightful in understanding the work environment for counselors across the board is very diverse. Moreover, it was a great incredulity to my ignorance of the daily duties of a counselor on a daily basis. I was given the privilege to interview two very distinct therapists with different licensure and outlook in their field. Licenses The first interviewee was Mrs. Jennifer Elliot. She holds a professional counselor license (LPC). In addition, she holds a Temporary Masters level psychologist level license(TLMLP) from Kansas state. She describes the TLMPL as a temporary licensure when anticipating to take nationally standardized competency exam (EPPP). It was very interesting and quit a surprise to encounter a master’s level psychologist. She explained that her degree and licensure enable her to do psychological testing, the whole level from selecting individuals, administering the tests as well as Interpretation of different diagnostics. Furthermore, Mrs.Damaris Karanja was my second individuality interview.Show MoreRelatedInterview Paper : Comparative Interview Essay1699 Words   |  7 PagesComparative Interview Paper Gladwell Kamaru MidAmerica Nazarene University Comparative Interview Paper I got the opportunity to interview two distinct professional counselors. I will be discussing their similarities and differences in their professional careers; Based on their professional identity, approach to therapy orientation, work setting as well as discussing unique experiences they have encountered. The interview experience was very insightful in understanding the work environment forRead MoreImpact Of Technology On Academic Performance1679 Words   |  7 Pagesof teachings are being introduced and applied in various schools in the country. One of the improvements is the use of Powerpoint presentations for visual aids instead of the traditional style of writing on the board or using cartolinas and manila papers. Due to this change, students have also developed the technique of taking pictures or taking notes with the use of their gadgets. This study aims to find out whether the application of technology to learning has any effect in the students’ learningRead MoreWh y Professional Revision Is Carried Out1494 Words   |  6 Pagesmore about how and why professional revision is carried out. The data are collected through a questionnaire survey and supplemented with an interview survey. A total of 24 Danish translation companies participated in the questionnaire survey from which five were later interviewed along with other eight in-house employees who revise on a regular basis. This paper therefore reports on the findings of the revision policies in some translation companies in Denmark. The research found out that not allRead MoreThe Nature of Qualitative Studies1481 Words   |  6 Pages Introduction The purpose of this paper is to write a seven page essay with multiple sources including Elizabeth J. Tisdell’s (2000) paper on Spiritual Development and Commitments to Emancipotory Education in Women Adult Educators for Social Change in comparison to Sharan B. Merriam’s paper on How Cultural Values Shape Learning in Older Adulthood: The Case of Malaysia (2000).   Limitations The limitations on both Merriam’s (2000) paper was greater than that of Tisdell. MerriamRead MoreQualitative Critique Of A Qualitative Study1207 Words   |  5 Pages Qualitative Critique Paper: Critique of a Qualitative Study Grace Fahham Shenandoah University What was the purpose of the study? The purpose of this qualitative study was to describe how occupational therapists’ involved client-centred activities in daily living (CADL) in their practice. This was done by reviewing the therapist’s experiences and reflections about their interaction with clients that suffered from a stroke. The study involved coding of three categoriesRead MoreLeadership Based On The Career Experience1251 Words   |  6 Pages This paper is a composite view of leadership based on the career experience of four individuals who have served faithfully in the armed services of the United States. The author of this paper interviewed three individuals who each have greater than twenty years, and in some cases quite a bit more, of experience in various leadership roles varying from the tactical to strategic levels in either the military or private enterprise. Each of the individuals interviewed were asked the same questionsRead MoreA Comparative Literature Review On Knowledge Managemen t834 Words   |  4 PagesCETM11 A Comparative Literature Review Paper 1 1. What is the research/telling question or questions? Knowledge Management In Project Environments, is the title of this paper. The paper is basically talking about the importance of the Project Management Knowledge, also known as, PKM, that is increasingly popular within temporary organisations such as handling a project or managing a company of a particular industry. Also, the challenges of knowledge management in project environment are that thereRead MoreNotes On The Nature Of Research1059 Words   |  5 Pagesthe results. 4. List ten different â€Å"Types of Research† described in this chapter of the text. Ten different â€Å"Types of Research† are:- 1. Quantitative research. 2. Qualitative research. 3. Experimental research. 4. Correlation research. 5. causal-comparative research. 6. Survey Research. 7. Ethnographic Research. 8. Historical Research. 9. Action Research. 10. Evaluation Research. 5. In 100 words or less, describe the main characteristics of quantitative research. Quantitative research basicallyRead MoreComparative Study of Traditional and Online Degree Programs Essay1142 Words   |  5 Pagesscience. However, because online degree programs are still new, you’re also concerned about the quality of learning and the post-graduation opportunities offered by online degree programs. You don’t want to sacrifice quality for flexibility. This comparative study will evaluate the online and traditional degree programs of several schools. It will identify the better schooling option and the best school for your daughter based on your minimum requirements. Minimum Specifications From our discussionsRead MoreChallenges : Weaknesses And Strengths1164 Words   |  5 PagesChallenges: Weaknesses and Strengths: The methodologies have some weaknesses within the acceptable limits and high forces, especially when we apply interviews and online surveys. One of the weaknesses of the quantitative methodologies is that the data collected is limited based on the acceleration of the new discoveries of the electronic which is the medium for virtual teams. Every new day, the new and improved means of communications come into existence, whereas the available data on the books and