Perception of female leaders Thesis Example | Topics and Well Written Essays - 250 words

Perception of female leaders - Thesis Example This ideal would be wrongfully assumed to be true in general. In the same way that it is erroneous to presume that the current position of women has continued to progress backwards. In many industries it would be accurate to suppose that the trend of having ‘boy’s clubs’ is still at play. Businesses such as Information Technology and others that are similar in nature are well regarded as a majority men’s field. The ratio of men to women in population would no doubt be in favor of men. In such cases, it can be assumed that women will have a more arduous task in proving themselves in the workplace before they can gain the respect and opportunity to work in a higher position. This difference in gender is something that cannot be disregarded as such remains to be an underlying factor in and thus regarded deliberately in this paper. Women are identified towards what can only be regarded as instinctive leadership style in comparison to a more practical problem solving approach employed by men. This is not to say that one is extensively better than the other or vice versa. What it merely indicates is that there is a difference, nothing more and nothing less. Men and women are coexistent upon one another and both are fundamental in the workplace and in the broader spectrum of life. This is to say in a deductive manner that as constantly and as our creation suggests that men and women complement each other. In history, as the man hunts, the woman prepares the game and serves it to the family. Suppose that in the present the woman hunts and proves that she is as efficient, would her labor be regarded as any different? The answer is obvious and the answer is no. Just as the man was able to provide food in the table, the woman, in however diverse her hunting style may be supplied the same and equal nourishment for the household. If she turns out to be a good

Argument for God using the Design argument Essay

Argument for God using the Design argument - Essay Example The world was created in a way that human beings have no control or clue of the occurrence or existence of different phenomena. This essay is going to explore and affirm that God exists through the argument for design. Thesis Statement: The coordination and the intricate way in which human beings live by purpose suggest the existence of an intelligent designer. Overview Our lives in the world are inspired by the events and activities that we, human beings, undertake. However, in the process we have questions on our existence and, most importantly, on whether God exists. An argument by design explains the existence of God through the use of facts, theories and examples of how God created life. The world is meant for human inhabitation because there is a pattern in which life occurs and exists. It is true to argue that the world and life were designed by someone or a spirit that is unexplainable due to the following facts: Teleological orders: This is used to explain how order in the w orld occurs since everything in the world seems to follow a certain pattern. Teleological order can exist as spatial and temporal order whereby spatial order explains the co-presence while the latter explains succession. It is easy to look at the world and wonder at the facts of co-presence and succession. For instance, the human body is made up of millions of parts which interact with one another to come up with a complex living creature. William Paley who was an advocate of natural teleology argued that as a watch is a timepiece that is made up of millions of parts, then also the world and human life is designed that way. Another advocate of the teleological argument was Thomas Aquinas who argued that we see the world as being made up of many things some of which lack knowledge. He elucidates that these beings act for an end and this is evident by the small animals of living things (Sweet 95). As a result, a thing that does not have knowledge cannot move towards and end but only i f it is directed by an intelligent being. Apart from humans who possess knowledge, natural things cannot move towards an end and therefore, what drives their move towards end is an intelligent being who in this sense is God. Paley’s argument is that the world is created in a perfect manner different from a watch due to several reasons. For instance, in his natural teleological argument he says that â€Å"as a watch is perfectly crafted and a well oiled machine,† then the world is also perfect. For instance, in the world there is enough oxygen for everybody. It is not less because it would not support life and again, it is not a lot because it could lead to easy combustion. Apart from William Paley’s theory, other scientists have supported the analogy of design through the positioning of the earth. For instance, if we look at the way earth is positioned, it not so close to the sun because it would cause problems to people and life would not be supported. Furtherm ore, if the sun was in a far position from the earth, then life would not be supported in the world (Sweet 102). The look of the universe from this view presents us with conclusion that God was involved in the creation of the world. This is summed by Isaac Newton who said that the most beautiful system of the sun, planets and comets can only proceed through the counsel and dominion of an intelligent and powerful Being. Criticisms: The William Paley analogy created a lot of criticism from a lot of quarters, especially from David Hume. The first

Change is a consistent issue for the modern organisation. Discuss the Essay

Change is a consistent issue for the modern organisation. Discuss the various ways in which the employee may offer effective resistance to this change - Essay Example Because both of these forces, inertia and change forces, are necessary and inevitable, both forces are intrinsic to change management equations and need to be managed well. The paper examines the roles that collective resistance, the resistance of key employees in influential positions, and disparate resistance, apathy and cynicism among employees play in successful efforts to thwart and resist organizational change. The paper examines the literature and finds that those factors or forces do make up the very ways that employees are able to resist external pressures to change with much success (Hodgkinson 1999; Singh and Dixit 2011; Visser 2011; Brown and Cregan 2008; Godin 2001; Hannan and Freeman 1984; March 1981; Judge 2001; Taylor 2013; March 1981). The paper aims to discuss the ways that employees may effectively resist change in modern organizations, as detailed in the academic literature. The paper looks at the academic literature to gain a broad perspective of the nature of change in general, and of the way change is inherent in the very nature of organizations of all kinds and of the environments in which those organizations operate. In essence because change is an inherent aspect of life, it is true too that change is an inherent aspect of organizations and the environments that organizations move in. The same holds for the various stakeholders of those organizations, with employees being one of the most vital stakeholder groups in organizations. The paper also looks at the psychology of organizational change and of inertia on the part of organizations and its employees, and why that inertia leads to employees resisting change. Along the way the paper traces the roots of that inertia to natural processes that enshrine est ablished ways of doing, via processes, groups, and practices that become embedded in the standard way of doing things in organizations, because those

Perception of female leaders Thesis Example | Topics and Well Written Essays - 250 words

Perception of female leaders - Thesis Example This ideal would be wrongfully assumed to be true in general. In the same way that it is erroneous to presume that the current position of women has continued to progress backwards. In many industries it would be accurate to suppose that the trend of having ‘boy’s clubs’ is still at play. Businesses such as Information Technology and others that are similar in nature are well regarded as a majority men’s field. The ratio of men to women in population would no doubt be in favor of men. In such cases, it can be assumed that women will have a more arduous task in proving themselves in the workplace before they can gain the respect and opportunity to work in a higher position. This difference in gender is something that cannot be disregarded as such remains to be an underlying factor in and thus regarded deliberately in this paper. Women are identified towards what can only be regarded as instinctive leadership style in comparison to a more practical problem solving approach employed by men. This is not to say that one is extensively better than the other or vice versa. What it merely indicates is that there is a difference, nothing more and nothing less. Men and women are coexistent upon one another and both are fundamental in the workplace and in the broader spectrum of life. This is to say in a deductive manner that as constantly and as our creation suggests that men and women complement each other. In history, as the man hunts, the woman prepares the game and serves it to the family. Suppose that in the present the woman hunts and proves that she is as efficient, would her labor be regarded as any different? The answer is obvious and the answer is no. Just as the man was able to provide food in the table, the woman, in however diverse her hunting style may be supplied the same and equal nourishment for the household. If she turns out to be a good

Change is a consistent issue for the modern organisation. Discuss the Essay

Change is a consistent issue for the modern organisation. Discuss the various ways in which the employee may offer effective resistance to this change - Essay Example Because both of these forces, inertia and change forces, are necessary and inevitable, both forces are intrinsic to change management equations and need to be managed well. The paper examines the roles that collective resistance, the resistance of key employees in influential positions, and disparate resistance, apathy and cynicism among employees play in successful efforts to thwart and resist organizational change. The paper examines the literature and finds that those factors or forces do make up the very ways that employees are able to resist external pressures to change with much success (Hodgkinson 1999; Singh and Dixit 2011; Visser 2011; Brown and Cregan 2008; Godin 2001; Hannan and Freeman 1984; March 1981; Judge 2001; Taylor 2013; March 1981). The paper aims to discuss the ways that employees may effectively resist change in modern organizations, as detailed in the academic literature. The paper looks at the academic literature to gain a broad perspective of the nature of change in general, and of the way change is inherent in the very nature of organizations of all kinds and of the environments in which those organizations operate. In essence because change is an inherent aspect of life, it is true too that change is an inherent aspect of organizations and the environments that organizations move in. The same holds for the various stakeholders of those organizations, with employees being one of the most vital stakeholder groups in organizations. The paper also looks at the psychology of organizational change and of inertia on the part of organizations and its employees, and why that inertia leads to employees resisting change. Along the way the paper traces the roots of that inertia to natural processes that enshrine est ablished ways of doing, via processes, groups, and practices that become embedded in the standard way of doing things in organizations, because those

Gabriel Alvarez Essay Example for Free

Gabriel Alvarez Essay The Ninth Circuit believed that because respondents’ donning and doffing is an vital and necessary preliminary activity included by respondents’ principal work activity, all activities performed afterward such as walking accordingly occur during the ‘principal’ workday and is compensable. The court rejected the petitioner’s argument that Section 4(a)(1) of the Portal Act makes clear that the walking time at issue is not compensable even if it follows clothes changing. The Supreme Court ruled in favor of the employees of IBP, Inc. because putting on protective gear and walking to and from changing areas are â€Å"integral and indispensable† to the jobs â€Å"principal activities†. ISSUE(S) The issues presented to the Supreme Court for determination were whether the time spent walking between donning and doffing areas and workstations, and the time spent waiting to put on protective equipment were compensable under the FLSA as amended by the Portal-to-Portal Act. The Supreme Court held that time spent walking following putting on protective equipment and prior to removing protective equipment was compensable under the FLSA as amended by the Portal-to-Portal Act REASON(S) The Court held that any activity that â€Å"is ‘integral and indispensable’ to a ‘principal activity’ is itself a ‘principal activity’ under section 4(a)(1) of the Portal-to-Portal Act.

Development of Chinas Economics

Development of Chinas Economics CHINA 2014 Table of Contents 1. Is China a developing country? 2. Theories/ Models of Growth and Development Applied on China 2.1. Rostow’s Stages of Growth 2.2. The Harrod-Domar Model Growth Model 2.3. Lewis’s Theory of Development 2.4. Structural Change and Pattern of Development 2.5. International Dependence Revolution 2.6. Neoclassical Counterrevolution 2.7. Coordination Failure and the Big Push 3. Poverty in China 3.1. Headcount Index Gini Co-efficient 3.2. Poverty Gap 3.3. Poverty Trend Analysis 4. Bibliography 5. Word Count: 1. Is China a developing country? China is a big economy in absolute terms, with GNP second only to the United States. Despite its remarkable economic development over the past decades, China remains a developing nation. China is the worlds most populous country, with a population of 1.3 billion in 2011. Its not far behind India, which contains 1.2 billion people and is predicted to overtake China in the next two decades. China ranks below the 100th place in the world in terms of per capita GDP, which is 3700 US dollars and the country is classified among middle and low income level countries. China is behind the majority of the developed world in terms of per capita possession of natural resources, in some cases, even far below the worlds average. Its fresh water reserve is only 1/3 of the world’s average, coal consumption 1/2 and natural gas 1/5. Moreover, a population of 150 million is caught in poverty and, is living on less than 1 US dollar a day. 83 million people are living with disabilities in the country. With the second largest number of poor in the world after India, poverty reduction remains a fundamental challenge. (WorldBank, 2014) Chinas trade mix is dominated by commodity trade that is resource and labor consuming, putting it at the lower end of the global industrial chain as the knowledge based trade in services only accounts for a small portion in foreign trade. There are shortfalls in scientific and technological innovation capacity that impede the countrys core competitiveness. Furthermore, the country faces challenges in the areas of investment in education which is low and in the areas of medical services and social security. Inequality remains high, rapid urbanization poses threat to environmental stability and there are external imbalances. China also faces demographic pressures related to an aging population and the internal migration of labor. (ChinaDaily, 2013) (Euractiv, 2012) 2. Theories/ Models of Growth and Development Applied on China 2.1. Rostow’s Stages of Growth Rostow’s theory states that each country needs to go through five imminent stages of development. Observing China in the context of the Rostow’s Model of Development, it is reasonable to claim it to be in the fourth stage, which is the drive to maturity. China remained in the third stage for several decades due to its inclination towards remaining a closed economy. As it opened its doors to the world in the 1990s, it saw itself elevating to stage four. China benefitted by a great increase in its GDP (as shown by the graph below) and foreign investment as their interaction with the world increased (Jacobs, 2014) Figure 1 Index of China’s Real GDP Growth Figure 2 Cumulative FDI in China Economicreforms of 1978 caused China’s economy to grow nine times. In 2002, China replaced US as the biggest receiver of foreign direct investment amounting up to $52.7 billion. It accounted for 25% of the global trade expansion. Apart from being a high exporter to US and Japan, China is a high consumer as well. China also became the world’s second largest importer of oil, right after the US. Its consumption of raw materials such as steel and copper became greater than that of the US. In 2003, it consumed 55% of the world’s cement. As China secured its membership of the World Trade Organization, it became a dominant player in the economy (Marcos Chamon, 2011). 2.2. The Harrod-Domar Model Growth Model Harrod-Domar model extrapolates that development is a phenomenon driven by savings and investments. China, in light of the model, faced some ups and downs in terms of savings and investment. The biggest dip in the investment came 1960 to 1962 as the government initiated the ‘Great Leap Forward’ campaign leading to immense nationalization and hence a major fall in investments. Post Economic Reforms in 1978, China saw a stable but increasing rate of investment in China, with the usual cyclical fluctuations. Simultaneously, China has seen a rise in savings from 35% in 1990 to approximately 50% by 2012. Interestingly, mainly the younger population and the elder population have shown a saving trend. This is due to decreasing public provision of facilities such as education and health prompted the younger generation to save for future education costs and the older generation to save for future health costs. (Marcos Chamon, 2011), (Labaria, 2012) 2.3. Lewis’s Theory of Development The essence of this model is to allocate resources more efficiently in the developing world where there is an overflow of labor in the traditional agriculture sector that needs to be dissolved into the industrial sector workforce (Anon., 2008) China’s agricultural percentage to GDP is around 12% and catering to almost 43% of the agricultural employment share, showing that China’s labor force is still not fully transferred to the industrial sector. However, China is still growing fast. According to Spence, high Savings and investment where public spending was on education, infrastructure, international trade, technological up gradation and productive employment were all factors that led China’s phenomenal growth. Although there was agro to industrial migration, people were more towards private sector than state owned enterprises. For example, between 1995 and 2005, the ownership of enterprises fell by 38% whereas private, foreign and individual grew in total by 35 %. The reason for this could be that the capital to output ratio for private was much greater than the state owned ones i.e. 6.7 vs. 3.3. Along with investment, China focused on improving its exports from 2004 onwards. China used the investment for technology that proved beneficial from 2000 where the number of patent applications were 100000 that shot up to 275000 by 2004. As a result, China was the one with the most patent applications from the BRIC nations. Figure 3 In compliance with the Lewis model the economy was able to absorb the extra agricultural labor with a rise in the marginal productivity of labor which is still lower than the wage for the average productivity of labor. (MARCO G. ERCOLANI, 2010) In 2010 China had not reached the third stage as such as there was still a gap in labor productivities between both the sectors. 2.4. Structural Change and Pattern of Development Chenery’s structural change model assesses the characteristic features of development process derived from the different levels of per capita income of countries. For China, the shift from the agricultural to industrial production is seen in the city called Shenzhen which was once farming and fishing village in 1980’s and grew into the richest city in 30 years, as a result of foreign investment and manufacturing. (Shenzhen Facts, 2013) This example only can also explain that there was steady accumulation of both physical and human capital. The rapid growth in Shenzhen was possible due to the capital, labor, technology and information. (Shen, 2008) . These changes were accompanied by shift in consumption patterns to more appropriate ones of demand for manufactured goods and services. Although one can say that China has tried to achieve the decline in family size to cater to its overall population, the disparity between different regions is still prevalent. Hence it canno t be inferred if the child quality is preferred over the child quantity in China. 2.5. International Dependence Revolution The trend of aid received by China has experienced various fluctuations. Up until late 1970s, China was a net donor, but when the Chinese economy started its openness policy, it became a net receiver of aid to finance the industrialization, mainly from Japan. However, this aid rather than being pure loans or grants was more in the form of economic co-operations agreements which gave both China and Japan a ‘win win’ situation rather than China getting exploited by Japan. Post mid 90s however (after the success of industrialization was manifesting), the aid received by China started to drop drastically; and due to the introduction of the ‘Grand Plan’ of 1994,China started to realize the potential of securing resources and export markets abroad and started investing heavily in Africa, the trend of which continues to today . Hence instead of China being exploited by the cores, it is now in a position to exploit Africa. The neocolonial dependence model cannot be applied to China. (Shimomura Ohashi, 2013) The Dualistic Development Thesis however applies extremely well to China, as evidenced by the disparity in public and private spending on education and health (public spending is almost constant whereas private is increasing (WorldBank, 2014)) or by the vast income disparity amongst China’s urban and regional areas. Reasons for this co existence phenomenon are discussed under Poverty in China. 2.6. Neoclassical Counterrevolution Neoliberals suggest that by allowing competitive free markets to function, economic growth will begin because world markets are efficient. In 1979, China was a stiff command economy prey, to majorinefficiencies making it poorerthan India. The government focused on heavy industries, ignoring agriculture and the private sectors. Their leader Chen, recognizing the importance of market and socialism endedâ€Å"The Leap Outward†, allowing the firms tobenefit with the government from the market functioning, showing that Market Friendly approach is needed. Public-choicetheory discusses that by the self centered intervention of government, not only does misallocation of resources occur, but people are left with lesser choices and freedom. China has now shifted to a mixed economy with reforms which shall allow China to reach 60% of America’s per capita GDP. (TheMoneyIllusion, 2010) In the last 30 years, the Chinese economy has seen a shift to a hybrid economy after China joined the World Trade Organization in 2001. Theprivatization of 90% of the urban residential schemes and real estate can be marked as an economic success because it led to a growth in per capita income 8.1% from 1978 to 2004. Neoclassical free-market argument emphasizes onliberalizationof national markets, which draws additional domestic and foreign investment, increasing the rate of capital accumulation. China has acceptedliberation by allowing free trade, to the extent that China, a part of the BRIC nation now has the power to shake the strength of the US Dollar; however the role and hold of government is still strong on the economy and the people. An example of this is the enforcement of one child policy. Although the government has now relaxed these rules, to extending to a two child policy, this was needed to control the geometric progression of the population versus the arithmetic progress of resources which would have led to increased poverty. (Coase Wang, 2013) 2.7. Coordination Failure and the Big Push According to Todaro coordination failure occurs because of the inability of economic agents to coordinate their behavior resulting in an equilibrium in which everyone ends up being worse off and occurs because of pecuniary externalities, asymmetric information, and high wages of workers which warrant government intervention which Todaro named the Big Push. (Todaro Smith, 2012) In October 1949 the People’s Republic of China was established by the Communist Party. The party aimed to nationalize the agricultural sector and use it to finance the growth in industrialization to coordinate the activities of the economic agents in the industrial sector. As a result of this the Industrial sector thrived and grew. (Young, 2014) In 1958 the Great leap forward was announced. Under this communes of farms were formed and private farming was abolished. The purpose of this was to increase output via greater cooperation and greater physical effort. However this failed resulting in drop in agricultural production, three years of famine and millions of deaths. The government responded by initiating policies contradictory to that of Big Push model, i.e. the government allowed for private farming and slashed investment in industrial sector which led to improvements in the industry. (Young, 2014) Lastly the Great ProletarianCultural Revolution of 1966 resulted in a negative impact on industry production resulting in a decade of confusion and strife. (Young, 2014) So it can be inferred that the Big Push model advocating government intervention has resulted in more costs than benefits for the Chinese. 3. Poverty in China 3.1. Headcount Index Gini Co-efficient YEAR Headcount ratio (% of population, at $1.25 a day) Millions of poor (people less than $1.25 a day) Population (in billions) (gapminder) 1990 60.18 683.2 1.15 1991 1.16 1992 63.80 743.3 1.175 1993 53.69 632.7 1.188 1994 59.78 712.5 1.201 1995 54.05 651.2 1.213 1996 36.37 442.8 1.226 1997 47.84 588.5 1.237 1998 47.97 595.8 1.259 1999 35.63 446.3 1.260 2000 1.269 2001 1.277 2002 28.36 363.1 1.285 2003 1.293 2004 1.300 2005 16.25 211.9 1.307 2006 1.314 2007 1.321 2008 13.06 173 1.328 2009 11.80 157.1 1.334 Figure 4 WorldBank, 2014 The trend shows that the headcount ratio was decreasing rather at a slow rate from 1990 till 1999, however the headcount reduced by almost 50%. By 2005 the headcount further reduced by 50% and then gradually till 2009 the headcount came to about 11.8%. It should be keep in mind that the population of China had been increasing around 0.01 billion each year and still the headcount was reduced. From the highest 743.3 million poor in 1992 to almost 157.1 million poor in 2009 is an achievement. (WorldBank, 2014) According to Yu Xie, a sociologist from Michigan University, China suffers from one of the highest levels of income inequality in the world. Inequality prevails even in comparison to other countries that have similar standards of living. The Gini Coefficient has shown an increasing trend reaching 0.472 in 2012. (Gapminder, 2014) 3.2. Poverty Gap The World Bank index presents that Poverty Gap in 2009 was 2.8, but data for the latter years was not available. Beijing and Shanghai have reached high developmental levels equivalent to Cyprus and Portugal because of the government’s efforts via provision of healthcare, education and welfare, but provinces such as south-western Huizhou are comparable to Namibia or Botswana. The city life is becoming increasingly expensive and the middle class is being squeezed. 3.3. Poverty Trend Analysis Extreme poverty defined by percentage of people living below $1.25 per day fell till 1987 in China after which it increased sharply to 64% in 1992. After which it declined in 1993, increased again in 1994 and then declined continuously to 13% in 2008. However there were stalls in poverty reduction during the late 1920s and late 1990s. So the significant increase in poverty in China during the late 1980s was because of the Communist Party’s policy to nationalize the agricultural sector part of their Great leap forward strategy which backfired leading to a significant increase in poverty in the rural areas of China. (Ravallion Chen, 2007) The number of people below the poverty line started to decrease after the peak in 1992 because of: migration from rural to urban growth in primary sector due to the about face policy after the Great Leap Forward economy wide policies including agrarian reforms controlling of inflation increase in government spending as part of the effort to achieve the MDG on poverty and hunger The rate of decline in poverty varied from industry to industry and among provinces because the rate of growth in these was not the same. (Ravallion Chen, 2007) As shown by the figure below, economic activity is prevalent at the coastal regions and declines as we move towards the interior of the country. Figure 5 GDP/Capita by province 2002 (US$) As the economy opened its doors to the world, it saw an inflow of investment in this coastal region. However, the benefit has not been transferred to the inner regions, the urban residents located at the east earn thrice as much as the rural residents (Roberts, 2014), (GeoCases, 2002) Figure 6 (GeoCases, 2002) 4. Bibliography Anon., 2008. Introduction to Economics of Development. [Online] Available at: http://www.pauldeng.com/teaching/development/lectnotes_8_econ175a.pdf [Accessed 2014]. Bertaud, A., 2010. GOVERNMENT INTERVENTION AND URBAN LAND MARKETS: THE CASE OF CHINA. Journal of Architectural and Planning Research, 29(4), pp. 335-346. ChinaDaily, 2013. China Daily. [Online] Available at: http://www.chinadaily.com.cn/opinion/2013-01/10/content_16100813.htm [Accessed 2014]. Coase, R. Wang, N., 2013. How China Became Capitalist. [Online] Available at: http://www.cato.org/policy-report/januaryfebruary-2013/how-china-became-capitalist [Accessed 2014]. Euractiv, 2012. Euractiv. [Online] Available at: http://www.euractiv.com/global-europe/china-developing-country-analysis-498377 [Accessed 2014]. GeoCases, 2002. China: A Third Generation Newly Industrialised Country. [Online] Available at: http://www.geocases2.co.uk/printable/China a third generation NIC.htm [Accessed 2014]. Jacobs, J., 2014. Rostows Stages of Growth Deveopment Model. [Online] Available at: http://geography.about.com/od/economic-geography/a/Rostow-S-Stages-Of-Growth-Development-Model.htm [Accessed 2014]. Labaria, E., 2012. China and Development. [Online] Available at: http://elirozz_labaria.tigblog.org/post/7228633?setlangcookie=true [Accessed 2014]. MARCO G. ERCOLANI, Z. W., 2010. AN EMPIRICAL ANALYSIS OF THE LEWIS-RANIS-FEI THEORY OF DUALISTIC ECONOMIC DEVELOPMENT FOR CHINA. Changsha, Chinese Economist Society. Marcos Chamon, K. L. E. P., 2011. The Puzzle of Chinas Rising Household Saving Rate. [Online] Available at: http://www.voxeu.org/article/puzzle-china-s-rising-household-saving-rate Ravallion, M. Chen, S., 2007. Poverty, China’s (uneven) Progress against. Journal of Development Economics, pp. 1-42. Roberts, D., 2014. Chinas Income-Inequality Gap Widens Beyond US Levels. [Online] Available at: http://www.businessweek.com/articles/2014-04-30/chinas-income-inequality-gap-widens-beyond-u-dot-s-dot-levels Shen, J., 2008. Urban Growth and Sustainable Development in Shenzhen City 1980-2006. Open Environmental Sciences, Volume 2, pp. 71-79. Shenzhen Facts, 2013. Shenzhen Facts. [Online] Available at: http://www.chinahighlights.com/shenzhen/shenzhen-facts.htm Shimomura, Y. Ohashi, H., 2013. A Study of Chinas Foreign Aid: An Asian Perspective. 1st ed. Tokyo: Palgrave Macmillan. TheMoneyIllusion, 2010. The money illusion. [Online] Available at: http://www.themoneyillusion.com/?p=5363 [Accessed 2014]. Todaro, M. P. Smith, S. C., 2012. Economic Development. s.l.:Addison-Wesley. WorldBank, 2014. Poverty Data by World Bank. [Online] Available at: http://povertydata.worldbank.org/poverty/country/CHN [Accessed 2014]. WorldBank, 2014. WorldBank.org. [Online] Available at: http://www.worldbank.org/en/country/china/overview [Accessed 2014]. Young, E. P., 2014. China. [Online] Available at: http://www.britannica.com/EBchecked/topic/111803/China/71007/Economic-policies [Accessed 24 9 2014]. 5. Word Count: 2571 excluding cover page, ToC, Bibliography and In-text Headings Development Economics ReportPage 1