US Economic Policy Impact on Asian Economies Research Paper

US Economic Policy Impact on Asian Economies - Research Paper Example m the recession trap, the Federal Reserve undertook the policy of Quantitative Easing, since the value of bond price and interest rate in the market is inversely related. The high demand for fixed assets by the central bank had lowered the market interest rate in the economy of U.S. Thus, with the help of Quantitative Easing, the financial reserves available with the commercial banks increased and the banks could offer the accumulated reserves to the potential investors in the economy. Ultimately, the tool of Quantitative Easing helped to recover the economy of U.S. from the recessionary stage. However, it had been claimed by the U.S. government that the level of Quantitative Easing would reduce if the U.S. economy had generated a productive growth in the market. In the month of May 2013, the chairman of the Federal Reserve, Ben Bernanke, had finally declared to taper quantitative easing (Eichengreen, 2011). As a result of this business decision undertaken by the Federal Reserve, the long term interest rates in U.S. increased and the foreign domestic stock market level declined to some extent. There were many public officials who claimed to defer the quantitative policy, but the Federal Reserve claimed that it was crucial for U.S. to rise from it’s near-zero interest rate trap. As the first step directed to end the Quantitative Easing, the Federal Reserve had lowered the bonds purchase in the economy. This resulted in lowering the demand for fixed assets in the market, thereby leading to the rise in the interest rate of the economy. However, presently, as a result of this initiative undertaken by the Federal Reserve, the demand for Dollar has significantly increased in the world market. This is because Dollar is a flexible currency and has a high value in the market... This research paper concentrates on the impact of U.S. economic policies on the Asian economies in recent years, following the financial crisis. After globalization, the state of commercial and non-commercial affairs of the different countries had become highly integrated with each other. The changing U.S. economic policy had negatively influenced the Asian countries initially, in the long run, the Asian nations will benefit from the U.S. growth. After the tapering of quantitative easing, investors who invest money in different economies fear that in future the supply of dollar would reduce in the market. This is the reason for which many investors, who had invested money in the different equity markets of several Asian economies, have started to withdraw these funds and reinvest them in the U.S. assets. The public authorities of a nation must forecast the long-term benefits of an economic policy instead of simply concentrating on the short run factors. History has proved that the growth of the developed nations has carved the path of evolution for the developing nations. Thus, the Asian countries should consider the long-term perspective and enhance its transactional relations with U.S. Despite the short run negativities, the changes in the U.S. economic policies have bestowed many benefits to the Asian nations. The rising investments of the Asian investors in the U.S. market have augmented the business competences and efficiencies of the domestic markets of the Asian economies

Plant Biology Video & Essay Assignment #2 Example | Topics and Well Written Essays - 500 words

Plant Biology Video & Assignment #2 - Essay Example Biomimetics or Biomimicry is the creation of new technology by imitating functions found in nature and applying these concepts to various fields such as robotics, engineering and even medicine (Lepora, et. al.). Many commonplace materials such as velcro, to complex architectural designs are innovations inspired by plants (Cohen 6,13, 612). Plants are also used as biological models to study the action of various organic and inorganic substances at the cellular level and they are also utilized for studies in molecular biology and genetics (Morrissey 295). Aside from the benefits gained by science, plants also impart wisdom in conducting our day-to-day lives. Growth, resilience, stability, and nurture can all be observed and imbibed from planting trees from seeds. Appreciation for life in general can be fostered through gardening and watching the plants bloom and fruit in their season. These are important values which should be rooted in every man’s soul. Sources of knowledge and inspiration can come from all around. Plants should never be disregarded in this aspect for the kingdom contains a plethora of scientific information as well as examples for our everyday lives. As Sir Francis Bacon once said, Natural abilities are like natural plants, they need pruning by study (Klein). From the realms of science and technology to the depths of man’s psyche, the fountain of knowledge from the world of plants continue to enrich, enlighten and inspire. Morrisey, J. P. â€Å"Biological activity of defence-related plant secondary metabolite† Plant-derived Natural products. p295.ed. Anne E. Osborne and Virginia Lanzotti. New York: Springer Science+ Business Media, LLC. 2009. Web. 9 March