- Economy expansion is measure in term of their GDP (product or service produce in a time period). Real GDP is what really concern in respect of a country economy growth which calculate in term of value and create of a new product and service compare to nominal GDP which only measure by increasing the price.
- Inflation is contributive factors of ecomomic crisis or recession. It means that the economy cease to expand for two consecutive quarter in economy period. In another perspective an economy contracting real GDP for two quarter in the roll.
- Inflation happens can be explained and based on economc principle of demand and supply which determined the price of the goods and product. It occurs when demand is rising rapidly over expansion of an economy which based on producing product and service of a country.
- To control and counter measure inflation , govt and consumer have to reduce their spending which in turn help minimize inflation rate when it balance between spending and economic growth.
- Govt has to focus on how to develop economy by increase the number of product and service that is higher in value and innovative rather than just increasing the price.
- We can have situation of economic growth (real GDP is changing percapita) exist without economic development (economy evolve along a path or stages of development).
- In order to avoid Easterling paradox of an economy( beyond certain level GDP percapita, raises in income overtme failed to incresse citizens happiness) we have to make different of immeserating growth and inclusive growth. There are factors that effecting to happiness of residents which look at broader horizon . Factors are such as close private life, community and frens, financial situations, health, personal freedom, self esteem, work and health.
- Country may contracting immiserating growth when economic growth only benefits the rich , while jobless still exist. In another hand inclusive growth take place when the benefits of economic growth are widely shared by the residents of the country that is increasing its aggregate income. In different meaning its improving the overall social welfare of the country.
Sunday, January 21, 2018
Why economic growth fail to increase citizen happiness?
Monday, December 18, 2017
Notes to start
1. It came to me to know more about few salient things. The most ignorant state is reluctant to get to know something we should know about but reluctant to do so. I agreed the well must be filled in order to pail them out.
2. As being yourself , anyting that build, influence and having closet connection with you is must to be fathom and considerablely well versed about. Getting deep into your origin and acquinted with all its intracacies how history made you into complete puzzle would fashioned you become someone inner and outer awareness. If we need to critised the economy of malay, diligently we must know about how our colonial master plan in organise the different races and in segregate ecomic responsibilities. To know how the mechanism of politics, how our premier in defined ‘controlled democracy’ . And to go in detail understand the belief work, wisely analyse how clashes of Islamism and Hinduism in 14th century and merchant from Arab and India interact and significant impact malay sultanate ruler relegate the belief and understand to all pupil under their rule.
3. Deciding the utmost important what need extensive knowlege and finding its core understand was bothering me lately. I choose the themes of Malay and Islam as the start to cut the socio politic and better understand myself and how it has work from the early start.
Friday, December 15, 2017
Give and Get
The principle of giving first and then you get back is fundamental and often forgotten. We rush to expect immediate outcome, and hope for abundant without giving anything.
Even this reciprocital concept is contagious. ‘What you give, you get back’ and its karma. How you treat the person is how the person will do same thing. In this concept the meaning of giving can varies, more pragmatic sense. Financial perspectives would mean before you reap the benefits, giving first in investment .In general sense, earning back your outcome only can expected after you put your toil and effort
Fear and uneasiness is wild ideas and imigination with no action plan or path to realise it. Money is better as seed to produce more money rather that coins to buy things.
Thursday, December 14, 2017
Just Do it
Reading and learning something new give me a mix feelings. It combined with new fresh way thinking and some worries to try something different. Why the uneasy feelings be part of that new experience? I think I am now standing between the old habits of comfort and willingness to shift to another fresh paradigm.
I look this as positives challenge for start new horizon and experiences. I like to treat the uneasiness as must steps to overcome or breaking the old reluctant habits.
Finding balance between what we like, we dont like, inclined and disinclined require through thoughts. Realising your meaningful dreams required you to keep aside awhile your hazardous desires or temptations. Starting up an efforts are most daunting experience but for sure it ended you up with fruitful results. I had experience to work on enormous assigment, and did start very earlier and make it to smaller chunks. The force was not much intense compare when we are in the corner of its due. Even greater forces are pushing when in pursuit the final minutes, but the feeling was totally different. Pressure tend to make us become stressful and finally jump into short cuts of doing things. The final product is dull and improper doesnt meet the real expection. Yup well say as long as it finish and this defeat the whole purpose.
Everytime the uneasiness arouses, which derived from new learning and urge me to move further, I convince myself to act freely. Just throw and pour the ideas and thrust the stumbling block. Because you are now not in comfort zone, and there always time to step behind and trim they raw effort and added its spice. All this while , I numb to act, many thoughts just criss crossing the mind saying you go no where by the mundane words.
Wednesday, December 13, 2017
Way
A destination is definitely derive from a way to it. The wrong way will not lead to the real destination. The road is often deviated and misleading . Wrong road direction also brings different destination. Which path is to be chosen ? God pointed me in a straight path to destination that pleased You..
Thursday, November 16, 2017
7 habits revisited
Management or Leadership ? Which comes first ? Leadership is to ensure the ladder lean agaist the right wall. The ladder is the management itself, system and effort ensure the person climb to the top. I reading Covey 7 habits and found many of his principles are fundamental. I need to understand and continually fathom and how it is practice in our daily encounter. Other tools and concept which worth ponder :
- inside - out approach
- maturrity continum - dependent , independent and interdependent
- P/PC Balance ( productivity and productivity capability)
- character and personality ethics
- Primary and secondary traits
- things are created twice
- rescript yourself
- paradigm and maps
- circle of influence and circle of concerns
Wednesday, November 1, 2017
why things go wrong
Prof. Sidney Dekker has some gems to share about 'why things go wrong' ...
# things sometimes go wrong because they usually go right..
# people are not the problem we need to control, but people are the solution that
we should harness...
# if you want to stop and prevent failure, stop looking for it, start looking for what make your organisation successful.
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