The enormous economic power of the People’s Republic of China makes it one of the most important actors in the international system. Since China’s accession to the World Trade Organization in 2001, all fields of international economic law have been impacted by greater Chinese participation. Now, just over one decade later, the question remains as to whether China’s unique characteristics make its engagement fundamentally different from that of other players. In this volume, well-known scholars from outside China consider the country’s approach to international economic law. In addition to the usual foci of trade and investment, the authors consider monetary law, finance, competition law, and intellec- tual property. What emerges is a rare portrait of China’s strategy across the full spectrum of international economic activity.
China_in_the_International_Economic_Order_New_Directions_and_Changing_Paradigms.pdf
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Cost Estimation- Methods and Tools:
What will be the cost of something we might want to buy? This is a question we frequently ask in our everyday lives. It is a question that can often be answered simply by determining the seller’s price – and maybe with a little haggling. But what if we are a government agency that wants to buy something that has never been made before? Or what if we want a newer version of something we already have, but with greater capabilities and never-yet-seen-or-built equipment? And what if we need to make resource allocation decisions today about something we will pay for in the future? Price is not always available – therefore, we must make a cost estimate. As the Government Accountability Office (GAO) explains: “Cost estimates are necessary for government acquisition programs .... to support decisions about funding one program over another, to develop annual budget requests, to evaluate resource requirements at key decision points .... Having a realistic estimate of projected costs makes for effective resource allocation, and it increases the probability of a program’s success.”1 A cost estimate is the determination of the likely future cost of a product or service based on an analysis of data. Estimating that future cost involves employing inter-disciplinary quantitative analysis techniques. It is partly science, art and judg- ment. Two of the best scientists, artists and judges in the cost estimating field have joined forces to present this practical guide to cost estimating, primarily (although not exclusively) for Defense practitioners. Dr. Daniel A. Nussbaum is regarded as one of the Navy’s premier experts in cost estimating, having been the Director of the Naval Center for Cost Analysis as a member of the Senior Executive Service (SES), and as the International President of the Society for Cost Estimating and Analysis (SCEA), (now renamed the International Cost Estimating and Analysis Association, ICEAA). LtCol Gregory K. Mislick, USMC (Ret.) has significant practical experience in cost estimating from performing cost analyses as a Marine Corps officer, from over 13 years of teaching cost analysis at the Naval Postgraduate School (NPS), and from leading student research as a thesis advisor at NPS. He has been a finalist for the Richard W. Hamming Teaching Award at NPS. Together they have the knowledge and experience in cost estimating for acquisition programs, and are the right team to bring this book to the public. An example of this is that they have recently been awarded – as part of a NPS Operations Research Department team – the Military Operations Research Society’s (MORS) Barchi prize award, awarded to recognize the best paper given at the MORS Symposium.
Cost Estimation_ Methods and Tools.pdf
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