Mark Wang

Bio: Mark Wang is an academic researcher from University of Melbourne. The author has contributed to research in topics: China & Water resources. The author has an hindex of 26, co-authored 112 publications receiving 2602 citations. Previous affiliations of Mark Wang include Medical University of South Carolina & Hohai University.

The motivations behind China's government-initiated industrial investments overseas

Abstract: Over twenty years' openness has made mainland China (PRC) (hereafter called China) one of the world's major destinations for foreign investment!. Indeed, by the mid-1990s, China became the world's second largest host nation to foreign direct investment (FDI).2 Foreign-funded enterprises have played a catalytic role in the process of a market-based economy, contributing about half of China's foreign trade since the mid-1990s.3 By 1999, China held over US$15 billion in foreign exchange reserves, which was the second largest in the world. These statistics, however, showjust one side of China's "open door" policy. High levels of inward FDI have over-shadowed increasing levels of outward investment, which is the subject of this paper.4 Since the late 1980s, the Chinese government has not simply put its effort into exporting "made-in-China" products to earn foreign currency or into encouraging foreign inward capital. In fact, it has actively encouraged its manufacturers to invest overseas, and has deliberately and strategically organized Chinese transnational activities.5 Throughout the last

Bowling alone: The collapse and revival of American community

Abstract: The present historical moment may seem a particularly inopportune time to review Bowling Alone, Robert Putnam's latest exploration of civic decline in America. After all, the outpouring of volunteerism, solidarity, patriotism, and self-sacrifice displayed by Americans in the wake of the September 11 terrorist attacks appears to fly in the face of Putnam's central argument: that \"social capital\" -defined as \"social networks and the norms of reciprocity and trustworthiness that arise from them\" (p. 19)'has declined to dangerously low levels in America over the last three decades. However, Putnam is not fazed in the least by the recent effusion of solidarity. Quite the contrary, he sees in it the potential to \"reverse what has been a 30to 40-year steady decline in most measures of connectedness or community.\"' As an example of how the current \"war on terrorism\" could generate a durable civic renewal, Putnam points to the burst in civic practices that occurred during and after World War II, which he says \"permanently marked\" the generation that lived through it and had a \"terrific effect on American public life over the last half-century.\" 3 If Americans can follow this example and channel their current civic

The determinants of Chinese outward foreign direct investment

Abstract: This study investigates the determinants of Chinese outward direct investment (ODI) and the extent to which three special explanations (capital market imperfections, special ownership advantages and institutional factors) need to be nested within the general theory of the multinational firm. We test our hypotheses using official Chinese ODI data collected between 1984 and 2001. We find Chinese ODI to be associated with high levels of political risk in, and cultural proximity to, host countries throughout, and with host market size and geographic proximity (1984 to 1991) and host natural resources endowments (1992 to 2001). We find strong support for the argument that aspects of the special theory help to explain the behaviour of Chinese MNEs.

The New Imperialism

Abstract: From a world history perspective, the most noticeable trend in the history of the late 19th century was the domination of Europeans over Non­Europeans. This domination took many forms ranging from economic penetration to outright annexation. No area of the globe, however remote from Europe, was free of European merchants, adventurers, explorers or western missionaries. Was colonialism good for either the imperialist or the peoples of the globe who found themselves subjects of one empire or another? A few decades ago, the answer would have been a resounding no. Now, in the wake of the collapse of the Soviet Union, the more or less widespread discrediting of Marxist and Leninist analysis, and the end of the Cold War, political scientists and historians seem willing to take a more positive look at Nineteenth Century Imperialism. One noted current historian, Niall Ferguson has argued that the British Empire probably accomplished more positive good for the world than the last generation of historians, poisoned by Marxism, could or would concede. Ferguson has argued that the British Empire was a \" liberal \" empire that upheld international law, kept the seas open and free, and ultimately benefited everyone by ensuring the free flow of trade. In other words, Ferguson would find little reason to contradict the young Winston Churchill's assertion that the aim of British imperialism was to: give peace to warring tribes, to administer justice where all was violence, to strike the chains off the slave, to draw the richness from the soil, to place the earliest seeds of commerce and learning, to increase in whole peoples their capacities for pleasure and diminish their chances of pain. It should come as no surprise that Ferguson regards the United States current position in the world as the natural successor to the British Empire and that the greatest danger the U.S. represents is that the world will not get enough American Imperialism because U.S. leaders often have short attention spans and tend to pull back troops when intervention becomes unpopular. It will be very interesting to check back into the debate on Imperialism about ten years from now and see how Niall Ferguson's point of view has fared! The other great school of thought about Imperialism is, of course, Marxist. For example, Marxist historians like E.J. Hobsbawm argue that if we look at the l9th century as a great competition for the world's wealth and …

Drought stress in plants: A review on morphological characteristics and pigments composition

Abstract: Plant growth and productivity is adversely affected by nature's wrath in the form of various biotic and abiotic stress factors. Water deficit is one of the major abiotic stresses, which adversely affects crop growth and yield. These changes are mainly related to altered metabolic functions, one of those is either loss of or reduced synthesis of photosynthetic pigments. This result in declined light harvesting and generation of reducing powers, which are a source of energy for dark reactions of photosynthesis. These changes in the amounts of photosynthetic pigments are closely associated to plant biomass yield. This review describes some aspects of drought induced changes in morphological, physiological and pigments composition in higher plants.