Describe and evaluate the main macroeconomic policies used by the Essay - 2

Describe and evaluate the main macroeconomic policies used by the Government and Central Bank of China over the last two years - Essay Example Resultantly, China made an agreement with the International Monetary Fund that saw it joining the World Trade Organization and from then, the country has world-record economic advancements from dominating in foreign trade and multiple influxes of extraneous nonstop investments. In the management of any economy, the state and authority have the obligation of approving the contradictory policies (especially for currency) because failure to this results to instability of currency both at home and around the globe, mostly a decrease in value. This is a nightmare for any country or market so the monetary authorities enforce all the conflicting policies to avoid such a situation. Most of the business gurus and specialists argue that it is impossible for a country or economy to have utter investment suppleness, stable exchange rate and sovereign pecuniary policy all at the same time; definitely, at a particular time, one of these three factors changes. For the last two years, they has been a steady rise of influxes of international capital into China with the above issue of having all the three factors emerging everywhere around the country; however, the core facilitator of this is the projected escalation in value of the RMB chattels after its rise (Flassbeck 20 14). As of mid-2013, China’s extraneous exchange investments were over three thousand billion dollars, which was around three quarters of the assets of the core bank in China, PBC; resultantly, the government has contributed greatly to this, especially with its increased persistence on the matter of appreciating RMB. During a period of ten years (2003-2013), China’s funds multiplied by eleven times with a greater increase margin for foreign exchange; obviously, this development over such a period is impressive for any economy. Decisively, the central bank of China (People’s Bank of China) lay out policies and initiatives for stability

Definition of Market Leader Essay Example | Topics and Well Written Essays - 500 words

Definition of Market Leader - Essay Example There are three major types of Market Leaders. Market leaders that are concentrated highly on operational brilliance comes under the first category. Wal-Mart is the best example of a company that focuses more on its operational excellance. It is a company devoted to provide low to reasonable prices with high class services. Corporations that zilch in on product leadership comes under the second category of Market Leaders. Firms like Intel, Microsoft, and Nike deals with the finest products in their target markets and continue to improvise their originality to keep themselves on top of their competitors every year (Delery, Doty, 1996, 802). Customer intimacy is another tool to attain a top ranking in the market. Firms that emphasize on customer intimacy works exhaustly to provide best possible solutions to their customers on. Nordstrom is a worthy example of a company whose business works over the concept of customer intimacy. Market leaders gets many advantages due to their huge mark et share that their competitors can only dream of. They generally get premium price for their products due to their brand strength. They enjoy lower product costs, longer product cycle and smaller sales cycle due to market responsiveness to their product lines. On the other side, All customers do not have high purchasing power, therefore market leaders’ product lines faces increased amount of market threats. Makrket leaders have to update their products on frequent basis to counter with piracy and their competitors.