China help... (2 Viewers)

[*Ninny-mole*]

Just a quick question, in regards to the open door policy that Deng Xiao Ping implemented - what exactly are the Special Economic Zones that he was trying to encourage investment and trade in? Are they where the foreign owned companies operated in china? It would be good if you could explain it in laymans terms coz' Im having trouble getting it! Thanks!

 

[*Ninny-mole*]

THANKS!!! That was a lot of help!

 

[gnrlies]

Not to be sour, but my advice to a student wanting to do well in the HSC is not to do china, india, or the US

 

[felixcthecat]

Not to be sour, but my advice to a student wanting to do well in the HSC is not to do china, india, or the US

our teacher chose the country we had to do for our case study

 

[Riviet]

Not to be sour, but my advice to a student wanting to do well in the HSC is not to do china, india, or the US

Then what would you suggest and why?

 

[mitsui]

Then what would you suggest and why?

i think it is becoz most pplz reckon by doing anyone of those, is putting our work the same as about 90% of the state.

but the thing is hsc markers cannot mark u down by doing the thing that most pplz r doing (beside, most studnets' ones r chosen by their teachers)

if u answered theQ, not matter which country u did. u still get the mark

 

[Riviet]

I agree with you Mitsui, if we can do a good job of a popular case study like China, we can still get the marks.

 

[gnrlies]

our teacher chose the country we had to do for our case study

Well the teacher may have chosen one to assist you with, like by giving you lots and lots of information, but you dont HAVE to do any.

No teacher can force you to do a particular country. Its just that they may not help you with it if you chose another.

 

[Rafy]

Not to be sour, but my advice to a student wanting to do well in the HSC is not to do china, india, or the US

my advice is to do china or india. There is no reason why you cant do well by doing them. (As for the US i would probally agree with you.)

A post of mine from a few weeks back:

If you include all the informtion required to answer the question, and you meet all the requirements in the marking scheme, you will get the marks. The country you do does not matter in marking
However, they will mark you down if your selection of case study results in a lack of information to adequately answer the question specified. This would result from a poor case study selection where say the effects of globalisation are not visibly noticable and expressed or where there is a shortage of resources etc. You are not marked down specifically on the country, but in such cases, on the inability of your case to met the requirments of the question.

Therefore it is advisable to choose a country where globaisation's impacts can be obviously seen, and where the data is avaliable to confirm this in an essay. Whether or not the case study is 'popular' or not should play no role in your selection.

Here is an extract from the 2003 Markers notes:
" it was apparent that better responses were based on economies where the impact of globalisation was more evident, eg China, Brazil, or Vietnam...The appropriateness of the chosen case study for this part of the course needs to be given careful consideration."

 

[gnrlies]

Please provide us with the reasoning behind this statement, to establish why you believe students should not do these.

There are 3 reasons...

1 - Your case study will be sooo boring to the markers. Can you imagine reading the same book 1000's of times? Whilst they cannot conciously mark you down for it, they can subconciously do it by being bored to tears. To do a different country allows you to give different information to other students, and markers see this as a little more inspirational. Kinda like a different point you can touch on. It definately happens.

2 - Your information is under more scrutiny. After the first 100 or so essays which the marker has read on china (not including ones theyve read in previous years or during other assessments), they know everything there is to know about china in context to this course. If you slip up, they will know about it.

3 - Your essay has to be compared to a much wider variety of students. If you do china, theres gonna be a definate ranking in the markers mind. The marker is going to think in their mind "Hmm where does this essay sit in ranking with all the other china essays". A lot of people do china because there is a lot of info available, and subsequently the quality of the essays are pretty good in their own right. So even a really good essay wont be seen as outstanding to the marker. If you do a different country and can feed up as many facts and good info, then your not gonna have other essays stealing your limelight.

In all, it might only be a one mark difference, but its worth it if you can put the effort in.

All I would say is that if you have done china and have lots and lots of info, dont start again, but if you havent really done much research, and you are just kinda starting, then dont do china, india or america (the three most common). Id imagine that most of you have only the tip of the iceberg of research done so far, so id be thinking about it.

One more point is where you are gonna use your case study.

For example it may only be a short answer question, in which case you dont really need to worry about everything ive just said. But if its an extended response then it still holds.

BUT looking at the trends this is what weve seen:

2001 - Option to do globalisation on australia or other country. In this year it would be essential to know another country in order to maximise marks (because australias experience with globalisation probably isn't as extreme as other countries - so it would be harded to write)

2002 - No essay explicitly on it, howevor you may have been able to use it with q28

2003 - A question that allowed you to do either the australian or other country, similar to 2001, howevor it didn't include them in separate questions, so you had a backup question on labour market policies if you didn't feel confident with the case study.

2004 - Had a specific question on globalisation on one or more countries with reference to the environment. Again this had a backup question on monetary or fiscal policy.

2005 - No specific essay, howevor you could use it with q28

So in looking at the trends you can see that its likely to specifically come up again. In both 2002 and 2005, the global case study would have come in handy, but was not essential to the question, so seeing as though it missed last year, I'd be putting my odds on it coming up again.

 

[mitsui]

I agree with you Mitsui, if we can do a good job of a popular case study like China, we can still get the marks.

that is wat my teacher said when i asked her
coz i have this obsession wif doing the weirdest things for my assignments (so i can score that unique-marks seeing i cant get the other ones)

but yea. she said no problem wif doing china

but i am grateful for the kind suggestion thou.
havent even start on my case study. mite not do china

 

[Monstar]

My teacher marks the hsc economics papers.. and she stressed how important this case study was.

1. Do not chose a country such as North korea or Zimbabwe.. these countries may be interesting from a political point of view but they offer very little insight on the effects of globalisation.

2. Chose a country which you think is umm.. "meaty" (alot of info, stats etc)

Im doing china.. which is a good choice IMO.

I think suitable countries would prolly be , china, india, south korea basically all transistion economies or NICS (newly industrialised economies)

 

[Dragie]

Does anyone know the role of TNCs (Transnational Corporations) within China?? I can't find it anywhere and it's really quite urgent - also what is the role of foreign investment in China?? It would help alot - thanks!

 

[mitsui]

i cant talk about it in details, coz i havent started my case study on china
but
for TNCs, u can say that there is a increasing trend for global production where diff parts of the goods r made in diff parts of the world. to take up the advantage of the cheap labour cost of china.
TNC by creating more operations in countries like china, r putting investments into the economies, also it promotes better skills, educations
overall. it reduce poverty althou most of the profit made will b transfer bak to the advanced econmies (where the headoffices r )

.. as for the FDI.. similar concept, long term investments by the TNCs, and short term by other investors to take advantage of the rapid growth.

 

[Monstar]

can anyone help me on how globalisation has effected the financial markets within china?

 

[Rafy]

Dragie: TNCs are the main driving force behind the massive growth in Foreign investment in china. This Investment is the main reason for China's massive economic growth over the last decade. Investment is mainly going into capital goods, thereby increasing aggregate Supply. Its also causing increases in Employment and higher wages, meaning higher disposable income for chinese. (Meaning increased aggregate demand). This has meant the econnomy has grown at ~10% for the last 10 years or so, which has resulted in widespread inprovements in quality of life.

Why are TNCs investing in china? Labor costs mainly. Its far cheaper to produce goods in China than it is in most TNCs home countries. Also we are seeing quite significant flows of FDI into china, a result of companies trying to tap into a growing middle-class. This new middle class is a massive untapped market, their incomes are growing, meaning their demand for goods are increasing.

 

[Dragie]

Thank you so much about the TNC thing
It helped ALOT w00000t