Explain why have some developing countries such as South Korea managed to close the development gap and catch up economically with the developed countries?

How South Korea closed the development gap and reach the developed countries?

Summary on Latin America Crises

After graduation you read an article about overfishing in the South China Sea. The article states that at the current rate of fishing, the population of fish in the South China Sea will be depleted in the near future. You write a post about it on social media and the next day you are hired by the Permanent Court of Arbitration to help solve the conflict between a number of countries that fish in the South China Sea.

a) Assume that all fish in the South China Sea are exactly the same, and each fish can be sold in international markets at $1 per fish. Assume also that fishing companies (as a whole) have a marginal cost of 0.1Q, where Q is the quantity of fish (in millions). How many fish will be fished? As always, explain your answers and show your calculations.

b) A prestigious economic consulting firm estimates the damage that fishing companies do to each other due to overfishing. In particular, assume that the social marginal cost of fishing is estimated to be 0.2Q, where Q is the quantity of fish (in millions). How many fish should be fished?

c) Assume that there are 20 million fish in the South China Sea, and at the beginning of every year 10 million fish are born and 5 million fish die of old age. If the Permanent Court of Arbitration is not able to solve the problem of overfishing, what will happen to fish in the South China Sea? How many years will it take for that to happen?

d) Assume the Permanent Court of Arbitration is able to issue binding mandates to all countries in the South China Sea. Propose TWO ways to implement the optimal amount of fishing, and show how they would work and why they would achieve the desired result.

e) Suppose instead that the Permanent Court of Arbitration cannot enforce any mandates, and is only able to make recommendations to prevent overfishing. Will the countries in the South China Sea want to follow your recommendations?

Mid-South Auto Leasing leases vehicles to consumers. The attraction to customers is that the company can offer competitive prices due to volume buying and requires an interest rate implicit in the lease that is one percent below alternate methods of financing. On September 30, 2018, the company leased a delivery truck to a local florist, Anything Grows. The lease agreement specified quarterly payments of $3,000 beginning September 30, 2018, the beginning of the lease, and each quarter (December 31, March 31, and June 30) through June 30, 2021 (three-year lease term). The florist had the option to purchase the truck on September 29, 2020, for $6,000 when it was expected to have a residual value of $10,000. The estimated useful life of the truck is four years. Mid-South Auto Leasing’s quarterly interest rate for determining payments was 3% (approximately 12% annually). Mid-South paid $25,000 for the truck. Both companies use straight-line depreciation or amortization. Anything Grows’ incremental interest rate is 12%.

1. Calculate the amount of selling profit that Mid-South would recognize in this sales-type lease. (Be careful to note that, although payments occur on the last calendar day of each quarter, since the first payment was at the beginning of the lease, payments represent an annuity due.)
2. Prepare the appropriate entries for Anything Grows and Mid-South on September 30, 2018.
3. Prepare an amortization schedule(s) describing the pattern of interest expense for Anything Grows and interest revenue for Mid-South Auto Leasing over the lease term.
4. Prepare the appropriate entries for Anything Grows and Mid-South Auto Leasing on December 31, 2018.
5. Prepare the appropriate entries for Anything Grows and Mid-South on September 29, 2020, assuming the purchase option was exercised on that date.

The 2019 list of the 15 largest banks in the world by assets:

A. Compute the median and the mean assets from this group.

B. Which of these two measures do you think is most appropriate for summarizing these data and why?

C. What is the value of Q2 and Q3?

D. Determine the 63rd percentile for the data.

E. Determine the 29th percentile for the data

F. Build a box plot for 2019 and compare with 2018.

For Part F: The 2018 list of the 15 largest banks in the world by assets:

The hydrocarbon emissions at idling speed in parts per million (ppm) for automobiles of
1980 and 1990 model years are given for 20 randomly selected cars.
(a) For each model year, compute the sample mean, median, mode and midrange.
(b) For each model year, compute the variance and standard deviation of the data (to one decimal
digit).
(c) Comment on what the data indicate regarding whether or not the automobile emissions changed
from 1980 to 1990.

THIS IS A HEALTH SYSTEMS CLASS

Health care is ever evolving. What are some characteristics of health care preindustrial America? Which one (or ones) do you believe were the most influential? Why? What are some characteristics of health care postindustrial America? Which one (or ones) do you believe were the most influential? Why?

Canadian history

Discuss the constitutional evolution of British North America from the Royal Proclamation of 1763 to the British North America Act of 1867. What were the most important features of each constitution? Why did the British keep changing the constitutions? What is your overall assessment of the relationship between the British empire and the peoples of Canada?