This white paper refines and provides evidentiary support for a human
capital system framework composed of four subsystems that ideally work together to build a stronger teacher workforce.
Not exact matches
I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so much higher than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify higher multiples than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory
frameworks, more sophisticated
capital allocation processes, less rigid financial
systems, and smaller state sectors (which make smooth adjustment, one of the most valuable and undervalued components of long - term growth, more likely).
The pace of progress, progress in the direction of more openness to
capital flows and greater exchange rate flexibility, will depend in part on the pace at which these governments are able to strengthen the resilience of the domestic financial
system and set in place the broader institutional
framework and supervisory regime that are vital for an open economy.
After MAT (a campaign that will continue with the shift to the WTO where there is a project to coöpt, in the
framework of the American lobbying
system, a part of the opponents) concentration could be focussed on the tax on
capital (Tobin tax etc.), the struggle against the plans of the IMF, the struggle against Third World debt.
Additionally, developing a high - quality virtual - learning program can be costly, requiring sizable
capital expenditures on computers and servers, sophisticated instructional design (the orchestration of different media — such as online, offline, images, sound — into compelling and effective instructional units), content and course - management
systems (computer
systems for organizing and facilitating collaboration on documents and courses), course - authoring platforms (computer
frameworks that allow educators to «post» their courses onto the Internet), and beta and usability testing (publishing test versions of new programs to eliminate the «bugs» and ensure ease of use).
With this
framework in place, the culture in DPS has shifted to a competency based, data driven human
capital system.
Expertise lies in strategic planning, funding (debt and
capital), financial reporting, cash flow management, budgeting, forecasting, financial modeling, streamlining complex work processes, financial
system conversion, excel dashboards, risk
frameworks, risk compliance, value...