U.A.E - the Greatest Industrial Hubs Term Paper

U.A.E - the Greatest Industrial Hubs - Term Paper Example Huge amount of investment is going on in this industry all over the world. This situation is not only encouraging more innovations in the field but also creating great and positive competitions in the world between different telecommunication companies. Middle East known by its enriched oil resources all over the world and this region is also a part of economical, political and social changes taking place all over the world since the time being. Most of the Middle East is known by west as biased towards fundamentalism concepts of religion. U.A.E has played a vital role in developing healthier and positive relations between west and east effectively (Etihad). Etisalat is the major telecommunication company in United Arab Emirates U.A.E and it is also one of the main companies present in Arabian Peninsula and Africa. It was founded in 1976 and became leading telecommunication service provider in the region. Over the last few years it has became one of the greatest corporations in the w orld creating partnerships with different telecommunication companies that are present in the world. It not only enabled U.A.E to have basic telecommunication services. ...Etisalat is the first company of the region which used Geographical information systems (GIS). Network convergence which is a concept becoming reality now days GIS is used by the company to specify network operations, increasing of customer satisfaction and relations and providing a way for innovations and developments. Over the years Etisalat is the company which has done many in-house updates accommodation all the modern ideas happening in this field. Etisalat is the company which has focused itself delivering innovative services and speeding of social and economic growth (Etislat 2011, 2-9). Etisalat’s international acquisition started from 2004 by wining second mobile phone license and first 3G services license in Kingdom of Saudi Arabia. Etisalat is the company which has experienced a great innovation in the field and became one of the greatest expanding companies. The satellite network of company covers almost two-third of earth’s surface. For almost 40 years Etisalat has helped its mother nation U.A.E to sustain its image as one of the greatest business hub present in the region. It provides reliable and high quality services favoring foreign investments. It is the one of the companies which has put its mother nation in top 10 countries regarding telecommunication services. Etisalat is the pioneer regarding the practicing of new technologies for both fixed line and wireless networks. It has installed first fiber optic network making Abu-Dhabi first city to have fiber optic network (Etisalat 2011, pages 3 to10). Etisalat is a multinational company which has companies from all over the world as its partners.

Research on China's real estate housing price Paper

On China's real estate housing price - Research Paper Example Marketing research statistics that were taken in the past five years indicate that in the property market, role of pricing mechanism is to balance purchase and the rates of selling. In this study, we are attempting to examine the determinants of the housing prices in China, with a particular focus on the monetary variables. There are three main concerns, which motivate this study. These are the exploration of the general relationship that exists between the pricing of houses and the monetary policy, even though the Chinese experience might not be ideal. We also feel that it is important to use the non-linear modeling concept known as NARMAX that selects forms and lags structures in an automatic manner for the individual explanatory variables. Lastly, the study hopes to draw some essential policy implications for the housing prices management in China. BACKGROUND/HYPOTHESIS A fall in the housing prices that started in the year 2007 ultimately resulted to the worst economic recession a nd financial crisis in the world in nearly eight decades, or eighty years. However, underscoring this important debate is the more complex academic question regarding the relationship between asset price and monetary policy. The maintenance of price stability is largely considered to be the most fundamental monetary policy’s goal. In this framework, the price stability is usually defined as the consumer price index’s stability. In the years ensuing to the world financial crisis, the China experienced a period of fast growth in her Gross Domestic Product with modest consumer price index inflation. Thus, there was no need for the government to increase the rates of interest or even tightening the liquidity conditions. Since the global crisis, we find that there has been rising recognition among policymakers and economists that it is important that the central banks monitor asset prices together with the prices of goods. However, it is still not clear whether it is feasib le for the formal incorporation of asset prices into the objective function of monetary policy. Nevertheless, even if this is possible, it is quite difficult to control the asset prices as compared to the regulation of the prices of goods. In trying to establish real estate pricing in China, it is therefore important to consider answering the following question: What is the effect of monetary policy on asset prices? What are the determinants of real estate pricing in China? What are the trends in the house pricing in China? ANNOTATED BIBLIOGRAPHY/ LITERATURE REVIEW Hongli Z. 2011. The Relationship of House Price Rising Rate and GDP Growth Rate. Mason, OH, Cengage Learning. In this context it is well illustrated that the development of the real estate industry is very important to the people`s livelihood and the national economy. The real estate regulation is very significant content of the microeconomic regulation and it is also invariably controversial. The regulation of house pric e such as controlling the house price`s rising extent within the normal range is a Key to real estate regulation1. According to the calculations of the target range in house price regulation, the house price growth rate/GDP should be controlled within {- 0.31, 0.86} among the first-tier cities and [-0.42, 1.17] among the second inter-cities. China has made real estate regu