Wednesday, April 29, 2020
Relational Overview of America and Chinese Economies
Introduction Market economy is characterized by free movement of goods and services. The market involves price determination by laws of supply and demand without interference from the government. In contrast, a socialist market does not allow the market to dictate prices.Advertising We will write a custom research paper sample on Relational Overview of America and Chinese Economies specifically for you for only $16.05 $11/page Learn More Prices in a socialist market are set by external forces, such as government. For example, through monopolization of factors of production by the Chinese government, the prices of commodities are centrally determined. The current essay is an attempt to look at the relationships between the US and China regarding their trade and Foreign Direct Investment (FDI). The essay will also contrast their types of markets and look at quality control issues China is facing in exporting commodities to the US. Trade Relationship Betwee n US and China The United States has a low saving rate that has resulted in frequent deficits in federal budgets and shortage of domestic investment funds. To bridge these gaps, the United States has to borrow from countries with high saving rates such as China. In 2009, the International Monetary Fund (IMF) ranked US as the global leader in foreign capital importation with a global total of 38.2 percent. China was also ranked first among foreign capital exporters with a global total of 24.2 percent. The difference in saving rates has encouraged trade between US and China as the former tries to reduce domestic deficit, and the latter tries to invest the surplus. However, balance of trade is tilted to the favour of China (Morrison and Labonte 1; Schnabil and McKinnon 1). Difference Between US Market Economy and Chinaââ¬â¢s Socialist Market The Peopleââ¬â¢s Republic of China (PRC) practises a type of market known as ââ¬Å"Market Socialismâ⬠. This type of market is characte rized by ownership of means of production by the communist party or the state. The United States, on the other hand, practices a democratic market or what has come to be known as ââ¬Å"free marketâ⬠.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Although the PRC has been trying to decentralize its economy and move towards capitalistic economy, much of its assets are still under the control of the state. The PRC has a strong influence on the currency as it still maintains total control of Commercial Banks. Huang (118) asserts that in 1995 China forced private companies like Urban Credit Cooperatives (UCC) to surrender a bulk of shares to the municipal governments. Although both the United States and China have invested heavily in each otherââ¬â¢s economies, the balance of trade favours China. Between 2003 and 2009, the US capital provided 29.0 percent of foreign direct in vestment (FDI) in China. However, the investment of Peopleââ¬â¢s Republic of China (PRC) in the United States has been substantially smaller. For example, during the same period (2003-2009), PRC contributed to less than one percent of US inflows. Comparatively, the average total foreign investment between the two countries has been $ 84 billion per year in the United States and $ 91 billion per year in China indicating a US trade deficit (Hufbauer and Woollacott 3). China has adopted an economic policy that enables it to intervene in currency markets and limit its appreciation against the dollar (and other currencies). This has made it not only the world largest holder of foreign exchange, but also the fastest growing holder. As of June 2011, China was holding $ 3.2 trillion. China recycles some of this money back to the U.S. through investing in U.S. shares and long-term treasury bills (T-Bills). Why China Is Keeping the US Dollar in its reserves The major reasons as to why Chin a is keeping the US dollar in its reserves is to prevent the Chinaââ¬â¢s currency (renminbi) from appreciating against the dollar, and thus they have to purchase more and more dollars. Consequently, Chinaââ¬â¢s foreign exchange reserve as of June 2011 grew to a staggering amount of $ 3.2 trillion (Morrison and Labonte 4).Advertising We will write a custom research paper sample on Relational Overview of America and Chinese Economies specifically for you for only $16.05 $11/page Learn More Quality control issues faced by China in exporting materials to the US: Corporation or Chinese problem? The US has adopted stringent quality control measures against goods imported from China because it believes that China could be exporting some inferior goods to the US market, and thus turning the US market into a dumping site for low quality products. Conclusion The saving rate differences between the US and China has spurred trade between the two nations. Beca use of the low saving rate in US, its economy is dependent on nations like China, which has high saving rates. However, the balance of trade is tilted towards China. China has a trade surplus and thus exports this surplus to US in form of foreign direct investments (FDI). The Chinese government has amassed large US dollar in its reserves so as to prevent the currency (renminbi) from appreciating against the dollar. Although China and United States are trading partners, their markets are quite different. The use practises a market economy while Chinaââ¬â¢s market is socialistic. The latter dictates prices while the former is a free market where prices are determined through laws of demand and supply. Despite their cooperation in trade, the United States and China are engaged in occasional trade in regards to quality of goods. The United States accuses China of turning its market into a dumping site of low quality goods. Works cited Huang, Yasheng. Selling China: Foreign Direct Inv estment during the Reform Era, Cambridge: Cambridge University Press, 2003. Print. Hufbauer, Gary, and Jared Woollacott 2010, Trade Disputes Between China and the United States: Growing Pains so Far, Worse Ahead? PDF file. 6 Dec. 2012. https://piie.com/publications/wp/wp10-17.pdf.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Morrison, Wayne, and Marc Labonte. Chinaââ¬â¢s Holdings of U.S. Securities: Implications for the U.S. Economy, Washington DC: Congressional Research Service, 2011. Print. Schnabl, Gunther, and Ronald McKinnon. ââ¬Å"China and Its Dollar Exchange Rate: A Worldwide Stabilising Influence?â⬠The World Economy 35.1 (2012): 1-27. Print. This research paper on Relational Overview of America and Chinese Economies was written and submitted by user Alaya Bruce to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.
Monday, April 13, 2020
Create a Tweet College Essay Sample
Create a Tweet College Essay SampleTwitter is the newest social networking website, and because of its popularity, many students are using it to create a tweet college essay sample. However, you should know that it can take a lot of time before you can get all the words down, which means you need to have a plan in place and stick to it.One of the best ways to complete a tweet college essay sample is to start by writing in a pre-approved topic. In other words, think of a subject that has been taught in an English class, or a subject you know anything about. Once you have decided on a topic, write the entire article without deviation from the topic.You also want to put your text in a Twitter timeline, which makes it easy for others to follow along. Your tweet college essay sample can help guide you as you learn how to write a tweet essay.When you are first writing a tweet college essay, you should remember to write for clarity and brevity. Remember to use a topic that is relevant to th e essay that you are writing. You don't want to bore your readers with too much detail; if you don't know much about the topic, then you don't have to go into it too much.Also, keep in mind that the style of writing a tweet college essay sample is similar to how you would write a book review. Don't be afraid to read between the lines, just remember that when you begin writing, you need to make sure your writing style is clear.Before you finish, make sure that you actually have your tweet college essay sample ready to show the class. Many students come unprepared when they want to complete a tweet college essay sample, so make sure you have it ready to show off.Ifyou find that you need to improve your tweet college essay sample, don't worry. Because once you finish this first draft, you will probably want to start over.
Friday, March 20, 2020
All About Serializing in Visual Basic
All About Serializing in Visual Basic Serialization is the process of converting an object into a linear sequence of bytes called a byte stream. Deserialization just reverses the process. But why would you want to convert an object into a byte stream? The main reason is so you can move the object around. Consider the possibilities. Since everything is an object in .NET, you can serialize anything and save it to a file. So you could serialize pictures, data files, the current state of a program module (state is like a snapshot of your program at a point in time so you could temporarily suspend execution and start again later) ... whatever you need to do. You can also store these objects on disk in files, send them over the web, pass them to a different program, keep a backup copy for safety or security. The possibilities are quite literally endless. Thats why serialization is such a key process in .NET and Visual Basic. Below is a section on custom serialization by implementing the ISerializable interface and coding a New and a GetObjectData subroutine. As a first example of serialization, lets do one of the easiest programs, but also one of the most useful: serializing data, and then deserializing data in simple class to and from a file. In this example, the data is not only serialized, but the structure of the data is saved too. The structure here is declared in a module to keep things ... well ... structured. Module SerializeParmsSerializable() Public Class ParmExampleà à à Public Parm1Name As String Parm1 Nameà à à Public Parm1Value As Integer 12345à à à Public Parm2Name As Stringà à à Public Parm2Value As DecimalEnd ClassEnd Module Then, individual values can be saved to a file like this: Imports System.Runtime.Serialization.Formatters.BinaryImports System.IOPublic Class Form1à à à Private Sub mySerialize_Click( _à à à à à à ByVal sender As System.Object, _à à à à à à ByVal e As System.EventArgs) _à à à à à à Handles mySerialize.Clickà à à à à à Dim ParmData As New ParmExampleà à à à à à ParmData.Parm2Name Parm2 Nameà à à à à à ParmData.Parm2Value 54321.12345à à à à à à Dim s As New FileStream(ParmInfo, FileMode.Create)à à à à à à Dim f As New BinaryFormatterà à à à à à f.Serialize(s, ParmData)à à à à à à s.Close()à à à End SubEnd Class And those same values can be retrieved like this: Imports System.Runtime.Serialization.Formatters.BinaryImports System.IOPublic Class Form1à à à Private Sub myDeserialize_Click( _à à à à à à ByVal sender As System.Object, _à à à à à à ByVal e As System.EventArgs) _à à à à à à Handles myDeserialize.Clickà à à à à à Dim s New FileStream(ParmInfo, FileMode.Open)à à à à à à Dim f As New BinaryFormatterà à à à à à Dim RestoredParms As New ParmExampleà à à à à à RestoredParms f.Deserialize(s)à à à à à à s.Close()à à à à à à Console.WriteLine(RestoredParms.Parm1Name)à à à à à à Console.WriteLine(RestoredParms.Parm1Value)à à à à à à Console.WriteLine(RestoredParms.Parm2Name)à à à à à à Console.WriteLine(RestoredParms.Parm2Value)à à à End SubEnd Class A Structure or a collection (such as an ArrayList) rather than a Class could also be serialized to a file this same way. Now that we have gone over the basic serializing process, lets look at the specific details that are part of the process on the next page. One of the first things you should notice about this example is the Serializable() attribute in the Class. Attributes are just more information that you can provide to VB.NET about an object and theyre used for a lot of different things.à The attribute in this code tells VB.NET to add extra code so that later on, everything in this class can be serialized. If there are specific items in the Class that you dont want to be serialized, you can use the NonSerialized() attribute to exclude them: NonSerialized() Public Parm3Value As String Whatever In the example, notice is that Serialize and Deserialize are methods of the BinaryFormatter object (f in this example). f.Serialize(s, ParmData) This object takes the FileStream object and the object to be serialized as parameters. Well see that VB.NET offers another object that allows the result to be expressed as XML. And one final note, if your object includes other subordinate objects, theyll be serialized too! But since all objects that are serialized must be marked with the Serializable() attribute, all of these child objects must be marked that way too. Just to be completely clear about what is happening in your program, you might want to display the file named ParmData in Notepad to see what serialized data looks like. (If you followed this code, it should be in the bin.Debug folder in your project.) Since this is a binary file, most of the content isnt readable text, but you should be able to see any strings in your serialized file. Well do an XML version next and you might want to compare the two just to be aware of the difference. Serializing to XML instead of a binary file requires very few changes. XML isnt as fast and cant capture some object information, but its far more flexible. XML can be used by just about any other software technology in the world today. If you want to be sure your file structures dont tie you into Microsoft, this is a good option to look into. Microsoft is emphasizing LINQ to XML to create XML data files in their latest technology but many people still prefer this method. The X in XML stands for eXtensible. In our XML example, were going to use one of those extensions of XML, a technology called SOAP. This used to mean Simple Object Access Protocol but now its just a name. (SOAP has been upgraded so much that the original name doesnt fit that well anymore.) The main thing that we have to change in our subroutines is the declation of the serialization formatter. This has to be changed in both the subroutine that serializes the object and the one that deserializes it again. For the default configuration, this involves three changes to your program. First, you have to add a Reference to the project. Right-click the project and select Add Reference .... Make sure ... System.Runtime.Serialization.Formatters.Soap ... has been added to the project. Then change the two statements in the program that references it. Imports System.Runtime.Serialization.Formatters.SoapDim f As New SoapFormatter This time, if you check out the same ParmData file in Notepad, youll see that the whole thing is in readable XML text such as ... Parm1Name idref-3Parm1 Name/Parm1NameParm1Value12345/Parm1ValueParm2Name idref-4Parm2 Name/Parm2NameParm2Value54321.12345/Parm2Value There is also a lot of additional XML there thats necessary for the SOAP standard in the file as well. If you want to verify what the NonSerialized() attribute does, you can add a variable with that attribute and look at the file to verify that its not included. The example we just coded only serialized the data, but suppose you need to control how the data is serialized. VB.NET can do that too! To accomplish this, you need to get a little deeper into the concept of serialization. VB.NET has a new object to help out here: SerializationInfo. Although you have the ability to code custom serialization behavior, it comes with a cost of extra coding. The basic extra code is shown below. Remember, this class is used instead of the ParmExample class shown in the earlier example. This isnt a complete example. The purpose is to show you the new code that is needed for custom serialization. Imports System.Runtime.SerializationSerializable() _Public Class CustomSerializationà à à Implements ISerializableà à à data to be serialized hereà à à Public SerializedVariable as Typeà à à Public Sub New()à à à default constructor when the classà à à is created - custom code can beà à à added here tooà à à End Subà à à Public Sub New( _à à à à à à ByVal info As SerializationInfo, _à à à à à à ByVal context As StreamingContext)à à à à à à initialize your program variables fromà à à à à à a serialized data storeà à à End Subà à à Public Sub GetObjectData( _à à à à à à ByVal info As SerializationInfo, _à à à à à à ByVal context As StreamingContext) _à à à à à à Implements ISerializable.GetObjectDataà à à à à à update the serialized data storeà à à à à à from program variablesà à à End SubEnd Class The idea is that now you can (and, in fact, you must) do all of the updating and reading of data in the serialized data store in the New and GetObjectData subroutines. You must also include a generic New constructor (no parameter list) because youre implementing an interface. The class will normally have formal properties and methods coded as well ... Generic PropertyPrivate newPropertyValue As StringPublic Property NewProperty() As Stringà à à Getà à à à à à Return newPropertyValueà à à End Getà à à Set(ByVal value As String)à à à à à à newPropertyValue valueà à à End SetEnd Property Generic MethodPublic Sub MyMethod()à à à method codeEnd Sub The resulting serialized class can create unique values in the file based on the code you supply. For example, a real-estate class might update a the value and address of a house but the class would serialize a calculated market classification as well. The New subroutine will look something like this: Public Sub New( _à à à ByVal info As SerializationInfo, _à à à ByVal context As StreamingContext)à à à initialize your program variables fromà à à a serialized data storeà à à Parm1Name info.GetString(a)à à à Parm1Value info.GetInt32(b)à à à New sub continues ... When Deserialize is called on a BinaryFormatter object, this sub is executed and a SerializationInfo object is passed to the New subroutine. New can then do whatever is necessary with the serialized data values. For example ... MsgBox(This is Parm1Value Times Pi: _à à à (Parm1Value * Math.PI).ToString) The reverse happens when Serialize is called, but the BinaryFormatter object calls GetObjectData instead. Public Sub GetObjectData( _à à à ByVal info As SerializationInfo, _à à à ByVal context As StreamingContext) _à à à Implements ISerializable.GetObjectDataà à à update the serialized data storeà à à from program variablesà à à If Parm2Name Test Thenà à à à à à info.AddValue(a, This is a test.)à à à Elseà à à à à à info.AddValue(a, No test this time.)à à à End Ifà à à info.AddValue(b, 2) Notice that the data is added to the serialized file as name/value pairs. A lot of the web pages Ive found in writing this article dont seem to have actual working code. One wonders whether the author actually executed any code before writing the article sometimes.
Wednesday, March 4, 2020
Filling Vacancies in the US Senate
Filling Vacancies in the US Senate Senate seats become vacant for a variety of reasons the Senator dies in office, resigns in disgrace or resigns to assume another position, usually an elected or appointed government position.What happens when a Senator dies in office or resigns? How is the replacement handled?Procedures for electing Senators are outlined in Article I, Section 3 of the U.S. Constitution, as later amended by paragraph 2 of the Seventeenth (17th) Amendment. Ratified in 1913, the 17th Amendment not only changed how Senators are to be elected (direct election by popular vote) but it also outlined how Senate vacancies are to be filled: When vacancies happen in the representation of any State in the Senate, the executive authority of such State shall issue writs of election to fill such vacancies: Provided, That the legislature of any State may empower the executive thereof to make temporary appointments until the people fill the vacancies by election as the legislature may direct. What Does This Mean in Practice? The U.S. Constitution grants the state legislatures the power to determine how U.S. Senators are to be replaced, including empowering the chief executive (the governor) to make these appointments.Some states require a special election to fill a vacancy. A few states require the governor to appoint a replacement of the same political party as the previous incumbent. Typically, a replacement holds office until the next scheduled statewide election.From the Congressional Research Service: Prevailing practice is for state governors to fill Senate vacancies by appointment, with the appointee serving until a special election has been held, at which time the appointment expires immediately. In the event a seat becomes vacant between the time of a general election and the expiration of the term, however, the appointee usually serves the balance of the term, until the next regularly scheduled general election. This practice originated with the constitutional provision that applied prior to the popular election of senators, under which governors were directed to make temporary appointments when state legislatures were in recess. It was intended to ensure continuity in a stateââ¬â¢s Senate representation during the lengthy intervals between state legislative sessions. Exceptions or Where Governors Do Not Have Unlimited Powers: Alaska, Oregon, and Wisconsin do not allow the governor to make interim appointments; state laws require a special election to fill any Senate vacancy. Oklahoma also requires that Senate vacancies be filled by special elections, with an exception. If the vacancy occurs after March 1 of any even-numbered year and the term expires the following year, no special election is held; rather, the governor is required to appoint the candidate elected in the regular general election to fill the unexpired term. Arizona and Hawaii require the governor to fill Senate vacancies with a person affiliated with the same political party as the previous incumbent. Utah and Wyoming require the governor to select an interim senator from a list of three candidates proposed by the state central committee of the political party with which the previous incumbent was affiliated. In the event of a Senatorââ¬â¢s death, his or her staff continue to be compensated for a period not exceeding 60 days (unless the Senate Committee on Rules and Administration determines that more time is needed to complete the closing of the office), performing duties under the direction of the Secretary of the Senate.
Monday, February 17, 2020
Examination of Sadie Bennings Video Diaries Essay
Examination of Sadie Bennings Video Diaries - Essay Example There are many theoretical points which Russell points out in her article to prove the validity of her interpretation in Benningââ¬â¢s work. These would be:à à à â⬠¢Ã A Sense of self stuck in understanding and surveillance. Russell is backed by Walter Benjamin to justify that personalized experience and observation play paramount roles in auto ethnography (Ho, 12). For example Benjamin argues that ââ¬Å"Theory the philosophy and intellectual life as inseparable from his own experience of modernity and his identity as a German Jew.â⬠Here Benjamin does permeate his script in the form of experience as opposed to quintessence. He perceived his own life as a composition of public reality this if sensed keenly, Susan Back-moss argues that ââ¬Å"no individual could live a resolved life in a social world that was neither.â⬠(p.276) â⬠¢Ã Dramatization of subjectivity. Russell says that it is ââ¬Å"no longer essential to have a revealing of the essential sel f but a representation of self as a performance This is a position of ââ¬Å"discursive anxiety and articulations.â⬠It is in the text depicted that, auto ethnography is the most likely to be the truck and the strategy that shall be used for exigent of obligatory outward appearances of individuality. It is too used for exploring the discursive potential of inauthentic subjectivitiesâ⬠¢Ã Ethnography as structure of self-fashioning. Russell argues that the ethnographer represents himself as the as a ââ¬Å"the fiction that does inscribe the doublings within the ethnographic textâ⬠.... These would be: A Sense of self stuck in understanding and surveillance. Russell is backed by Walter Benjamin to justify that personalized experience and observation play paramount roles in auto ethnography (Ho, 12). For example Benjamin argues that ââ¬Å"Theory the philosophy and intellectual life as inseparable from his own experience of modernity and his identity as a German Jew.â⬠Here Benjamin does permeate his script in the form of experience as opposed to quintessence. He perceived his own life as a composition of public reality this if sensed keenly, Susan Back-moss argues that ââ¬Å"no individual could live a resolved life in a social world that was neither.â⬠(p.276) Dramatization of subjectivity. Russell says that it is ââ¬Å"no longer essential to have a revealing of the essential self but a representation of self as a performance This is a position of ââ¬Å"discursive anxiety and articulations.â⬠It is in the text depicted that, auto ethnography is the most likely to be the truck and the strategy that shall be used for exigent of obligatory outward appearances of individuality. It is too used for exploring the discursive potential of inauthentic subjectivities Ethnography as structure of self-fashioning. Russell argues that the ethnographer represents himself as the as a ââ¬Å"fiction that does inscribe the doublings within the ethnographic textâ⬠: ââ¬Å"It fashion and individual with the authority to represent and to interpret and even to believe though with ironical aspects the truth that surround the discrepant worldâ⬠. The other aspect includes the oxymoronic label of auto ethnography. This is announcing of the full go kaput of the colonialist teachings of the ethnography and the critical gusto for itââ¬â¢s variety
Monday, February 3, 2020
Leases Essay Example | Topics and Well Written Essays - 1250 words
Leases - Essay Example IAS 17 has undergone many revisions in the past to improve its application. However, even with all the amendments and revisions, it still has some issues that cause problems in its application in accounting for leases. The purpose of IAS 17 is to classify leases and provide the policies to guide how a firm treats leases in its financial statements. The standard has a few exceptions concerning some lease agreements. Some assets are also not part of the standard, therefore, their recognition and treatment do not fall within the standard. For the leases and assets that qualify within the standard, classification divides them into finance and operating leases (IFRS, 2013a, p.771). The determination of the class of a lease as either a finance lease or an operating lease is at the commencement of the lease agreement. IAS 17.4 defines the two classes of leases giving their characteristics. The substance of the transaction, as opposed to the form, determines whether a lease is a finance or operating lease (IFRS, 2013a, p.772). The treatment and accounting for the two classes of leases differs. The lessee recognizes operating leases as an expense. The lease payments appear in the income statement as an exp ense over the lease term and follow a straight-line basis. The lessor recognizes assets under lease in the balance sheet. The income statement of the lessor recognizes the lease income on a straight-line basis. As for finance leases, their accounting involves recognition both as an asset and liability in the books of the lessee. The value to appear in the books is either the assetââ¬â¢s fair value or the present value of the minimum lease payments, whichever is lower. The lessee also accounts for the depreciation of the asset in accordance with the existing depreciation policies and apportions lease payments between the reduction of the outstanding liability and the finance charge. On the lessorââ¬â¢s books, the accounting for a
Sunday, January 26, 2020
Profile of Secondary Education in Kohat
Profile of Secondary Education in Kohat Education is basic in the life of man, which is able to sharpen his faculties of mind, and helps to grow harmoniously. This also helps to grow harmoniously in every sphere of life-Physical, intellectual social and emotional. Education plays vital role in the progress of a country. Education is a life long investment in human resources development. The quality and quantity of educated manpower determine the strength of a nation. All developed and educated countries have recognized the needs of intimate relation of education of life and needs of the community (Singhal, 1991). All the developed countries have the strong education structure system in their countries. The present structure of education in Pakistan is 5+3+2+2, primary stage, middle stage and then secondary and higher stage and at last higher education. The research study on the basis of secondary education so that it is emphasized on secondary level (IX-X). Secondary education is an important sub sector of the entire educational system. On the one hand, it provides the middle level workforce for the economy and other; it acts as a factor for the higher levels of education. Higher education, which expected to produce quality professionals in different fields, hinges on the quality of secondary education (Shah, 2007).Secondary education is a stage, where a student enters, adolescence. This is the most crucial stage of life. The basic perceptions and models of behavior start taking shape and problems of adjustment with the new role in life assume critical significance (Hussain, 2003). Secondary education holds pivotal position in education system of every country, for it is terminal stage for most of students and it also serves as a linkage stage between elementary stage and higher education. It provides input for higher education and thus quality of higher education is dependant upon secondary education (AIOU, 1997). In Pakistan it consists of four classes, 9th and 10th secondary education, and 11th and 12th higher secondary education. Secondary education (IX-XII) is an important sub-sector of the entire educational system. On the one hand, it provides the middle level work force for the economy and on the other it acts as a feeder for the higher levels of education. Higher education which is expected to produces quality professionals in different fields hinges on the quality of secondary education. This level of education, therefore, needs to be revamped in such a way that it prepares young men and women for the pursuit of higher education as well as prepares th em to adjust to their practical lives meaningfully and productively (Govt. of Pakistan, 1998). Khaliq (2000) proposed that Students have small problems, which can be solved with much less money and effort if identified earlier. If they are left unattended, they not only hinder the children in their classroom achievement but also become serious emotional problems later on. The most common problems at the secondary education levels are (a) Educational Problems (b) Financial Problems (c) Home Adjustment (d) Vocational Adjustment (e) Health Adjustment and (f) Personal and Social Problems. It is a fact that destiny of nation is shaped in the classrooms. This implies that education is the main source of progress and development. It can be said without hesitation that education is mostly responsible for the future of Pakistan. Through education, nation building process for the future citizens of the country is taken place. From this point of view, a lot of responsibilities lie with the educationist and the quality of education. Therefore, the education must be qualitative so that the students should develop necessary knowledge, skills, and attitude to perform their duties effectively. It is in this context that quality education becomes the most important ingredient to enhance the quality of life in any country. It is so worthwhile to raise some issues in this regard and think of their solution. STATEMENT OF THE PROBLEM The present study was therefore conducted to problem and prospects of secondary education at district Kohat. OBJECTIVES OF THE STUDY The main objectives of the study were: To determine the present profile of secondary education in Kohat. To determine the needs of teachers for the secondary education. To determine the needs of students for the secondary education. SIGNIFICANCE OF THE STUDY This study will help us to know about the major problems faced by secondary teachers. The most common problems at the secondary education levels are (a) Educational Problems (b) Financial Problems (c) Home Adjustment (d) Vocational Adjustment (e) Health Adjustment and (f) Personal and Social Problems. METHODS AND PROCEDURE POPULATION All the secondary schools in public sector of district Kohat, their heads, secondary school teachers and students of 10th class constituted the population of the study. SAMPLE Random sampling technique was used and description of sample was as followed. Sample of Schools Total twenty-four secondary schools in public sector were randomly selected. The proportion of boys and girls schools was fifty- fifty. Sample of Heads All the heads of already sampled twenty-four secondary schools of public (the proportion of public sector schools of boys and girls schools was equal) included in sample. Sample of Teachers Forty-eight teachers teaching secondary classes were randomly selected in which proportion of male female teachers was fifty fifty. In such a way that from each sample district, the proportion of the public male and female teachers was equal. Sample of Students One hundred and twenty students were randomly selected in which proportion of male female students was fifty fifty. In such a way that from each sample district the proportion of the public and private and male and female students were equal. RESEARCH INSTRUMENTS The researcher prepared three questionnaires using five-point scale. Questionnaires were used as a research instruments.. Questionnaire for Heads of Secondary Schools. Questionnaire for Teachers of Secondary Schools. Questionnaire for Students of Secondary Schools. DATA COLLECTION The investigator started data collection process w.e.f 5th January, 2008 by visiting each sampled school and administering the questionnaire in person. It took about three months to collect data from the selected sample. The response rate was 100 percent. DATA ANALYSIS Data collected through above-mentioned instruments were tabulated, analyzed and interpreted category-wise as principals, teachers and students. To analyze the data, chi square and percentage were used. For statistical treatment chi-square was applied using the following formula: = (Garrett, 1997) On the basis of the analysis and interpretation of data, conclusions were drawn and recommendations were made. RESULTS This chapter deals with the analysis and interpretation of data. The data collected through research instruments were tabulated, analyzed, and interpreted in the light of the objectives of the study by using chi-square. The above tables indicate the demographic position of public managed schools. The academic and professional qualifications of both heads and teachers of public sector schools are better. The average enrollment per sampled school of public sector was 158. Average teacher student ratio in public schools was 1:70.. Table 2 indicates that the à ¯Ã à £2 values for all six administrative aspects of public schools head are greater than the critical value at 0.05 levels. Involvement of staff in decision making differed significantly in favour of public schools heads in the category of strongly agree. Head likes to be a part of team with leading teachers does not differed significantly in favour of public schools heads in the category of strongly agree. The aspect of well organization of tasks was found differed significantly in favour of public heads in the category of strongly disagree. The fair selection procedure for recruitment of teachers differed significantly in favour of public schools. The coordination among the administrative staff differed significantly in does not favour of public schools heads in the category of strongly agree. Whereas, the teachers having command over subject matter differed significantly in favour of public schools heads in the category of strongly agree. Job security for teachers is ensured Lesson planning is done by teachers regularly. Attention is given to the character building of students. Teachers are well prepared before taking the class. The students compete well with the students. School environment is suitable for teaching. Table 3 exhibits that the obtained à ¯Ã à £2 value is greater than the critical value at 0.05 levels as the frequency of responses of public and schools heads about four aspects. Ensuring job security for teachers differed significantly in favour of public schools heads in the category of strongly agrees. Teachers having command over teaching methodology differed significantly in favour of public schools heads in the category of strongly agree. Giving attention to the character building of students differ significantly. School providing quality education differed significantly in favour of public schools heads in the category of strongly agrees. Students competing well with other students do not differ significantly. Keeping schools environment suitable for teaching differed significantly in favour of public schools heads in the category of strongly agree. CONCLUSION On the basis of interpretation and finding of data following conclusion were drawn The demographic data of study revealed that private sector schools had actually less number of students and teachers at secondary level as compared to public sector schools. The results of 10th class students in boards examinations of private schools were better than government schools. With respect to ownership of building almost 98% public sector schools had their own buildings while majority of private schools were running in rented buildings. In public schools, student teacher ratio was higher than private schools. The quality of education is the most burning issue of the day. Administration is considered to be the most important ingredient of any organization, for it serves as the asset for the most previous assets of the nations which are educational institutions. The entire study revealed that heads of private sector secondary schools were better than heads of public sector secondary schools regarding involvement of other staff in decision making, keeping themselves as a part of team while leading them and carrying out the tasks in a well- organized fashion. But the heads of public sector secondary schools were more qualified academically as well as professionally having more administrative experience as compared to private sector secondary schools heads. It is no more rhetoric but a time tested reality that destiny of the nations is shaped in classrooms. It means that teachers are the central figure in education system of any country. The present research found that teachers of public secondary schools were more qualified academically as well as professionally having command over teaching methodology as compared to the teachers of private secondary schools. Head teachers management aspects were found better in privately managed schools for the aspects of becoming a part of team well arranged tasks, and coordination among administrative staff. Whereas the aspects of involving staff in decision making, keeping selection procedure fair, and observing teachers command over subject matter were found dominant in public sector schools. The quality of education is intrinsically integrated and directly proportional to the quality of infrastructure. The physical facilities hold paramount position in educational institutions. It was found that position of physical facilities was better in public secondary schools than in private secondary schools with respect to buildings, libraries, play grounds, furniture while position of private sector secondary schools was better in availability of computer labs and gas facilities. The quality of education also owes a lot to the quality of supervision. It was found head teachers of private schools were better for having observing timing, and maintaining teacher student ratio. Whereas arranging sports and game, keeping fair assessment procedure and merit based admission were found dominant at public sector schools management. RECOMMENDATIONS On the basis of analysis of data, findings and conclusions the following recommendations are offered. The enrollment of students was higher in public sector than private sector. It is therefore recommended to establish more schools in the public sector. School mapping kept in mind before establishing new schools. The heads and teachers of schools should take such necessary actions which may help to raise academic standard of these schools. The heads of public schools should take serious consideration of the problem of their low pass percentage. Teachers of public schools may be made accountable for their poor result in examinations. They must also be rewarded with incentives for showing good results. Teachers of both systems should be given opportunities for regular in-service training in order to improve their teaching methodology. Libraries of public and private schools should be kept well maintained and all necessary books be available and students and teachers should be encouraged to get benefit from their library. All necessary educational facilities such as well maintained buil dings; science laboratories with standardized apparatus and needed audio visual aids be provided and maintained by school management. Teachers should be encouraged to make use of A.V. aids more and more to make teaching process more effective. The school curriculum should be updated according to the emerging needs of the society and it should be revised regularly. The study indicates that due consideration was not given to merit in student admission procedure. Merit should be the sole consideration for entry to private institutions. Access to higher education, is recommended to base on entry tests that measure the aptitude and ability of suitable candidates for higher learning. The services of National Testing Service be utilized for construction of valid and reliable tests at secondary level. AUTHORS INFORMATION Dr. Sajjad Hayat Akhtar Dr. Muhammad Naseer-Ud-Din Dr. Ali Murtaza Dr Hafiz HameedUllah
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