Best essay website
Histology Research Paper Topics
Featured Post
What type of music is most appealing free essay sample
In 1995, the British band Oasis came out with their second and by a wide margin most well known collection, (Whats the Story) Morning Glory?...
Tuesday, August 25, 2020
What type of music is most appealing free essay sample
In 1995, the British band Oasis came out with their second and by a wide margin most well known collection, (Whats the Story) Morning Glory?. This was one of the significant structure obstructs in the melodic wonderland of elective stone. Elective stone is a midge podgy classification of music that has the musicality and highlighted secondary lounge of exemplary awesome however is increasingly characterized by its unconformity. This type of music bids to me on account of its whimsical style and assortment and fundamentally decreased want to conform.One of the significant aspects of elective stone that makes it so engaging is the special style and assortment. It isn't bizarre for one craftsman to create many hit collections each with a somewhat unique sound. Starting in 1983 and as yet visiting today, the Red Hot Chili peppers are a prime case Of this decent variety inside elective stone. Their first collection, The Red Hot Chili Peppers, had a mind boggling tunes with a solid pattern and less difficult melody structure. We will compose a custom paper test on What sort of music is generally engaging or then again any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page These melodies, including Get up and Jump, had a solid funk impacts while as yet falling under the classification of option rock.Compare this to their ninth studio collection Stadium Arcadian, discharged in 2006. Keeping in character of the groups creativity and out of the case style, this collection was the most smooth of all and had unmistakable hallucinogenic impacts from the late ass. Due to so much unconformity numerous elective musical gangs dont have the huge fan base that the Red Hot Chili Peppers have and are not as generally know. Its normal for a large number of these groups to have one hit ponders. Elective stone is so engaging in light of the fact that the purpose of the music isnt to be mainstream; it is a genuine articulation of the craftsman or band as an aggregate group.Panic! At the Disco is a later band of the backtalk. Shaped in 2004, they are chiefly associated with their two singles I Write Sins Not Tragedies and Nine in the Afternoon; the two of which in this manner went before their initial two collections. Elective stone truly isolates the young men from the men in the feeling of duty to their affection for music;
Saturday, August 22, 2020
Character Sketch Sample
Test character sketch â⬠my companion Liz. My companion Liz is the most astonishing companion anyone could request. Weââ¬â¢ve experienced so a lot together, weââ¬â¢re fundamentally like sisters. We met on the main day of school in 6th grade, the two of us alarmed by the monstrous size of the center school. She had the storage directly over mine. I revealed to her I didnââ¬â¢t know anyone in our group and she said ââ¬Å"You do now. â⬠Weââ¬â¢ve been companions from that point onward. Most young men think Liz is charming. She has long red hair, falling over her shoulders. She giggles about everything and when she does, you see around a hundred white teeth â⬠so splendid, you nearly need shades. At the point when she snickers, her eyes develop wide, sparkling emerald green. Liz likes to dress sort of skater-ish, in disguise jeans, sweatshirts, and wristbands. Be that as it may, sheââ¬â¢s capricious, as well. In some cases sheââ¬â¢ll wear overalls or an extravagant dress. She should have three storage rooms loaded with garments, since she scarcely ever wears a similar outfit twice. Liz is the most energetic, enlivened character Iââ¬â¢ve ever known. Sheââ¬â¢s continually hurrying around, attempting to get the most recent scoop on everyone. Itââ¬â¢s like sheââ¬â¢s in the FBI. Directly before she shares significant news, Liz hurls back her hair, takes a full breath, and rapidly looks side to side, to be certain there's no sign of danger. She says nothing mean regarding individuals, she simply needs to know whatââ¬â¢s going on. She generally bolsters me in all that I need to do. Relatively few young ladies in our gathering of companions play sports, however when I disclosed to Liz I needed to go out for b-ball, she said ââ¬Å"Go for it. â⬠Now, she comes to see pretty much every game I play and cheer me on. Not exclusively is Liz a huge supporter, she likewise confides in me to offer her my fair input and to state what I feel. A year ago, she thought Mrs. Jones gave her a lower math grade than she merited. I came clean with her â⬠that Liz gave everything in late and what did she anticipate? Next checking period, Liz got her work in on schedule, and pulled off an A-. On account of me, she said. Liz is a great audience. She lets me reveal to her every one of my issues and she never decreases the significance of my concerns. I can tell sheââ¬â¢s truly tuning in, as well, since she glances legitimately in my eyes the entire time, as sheââ¬â¢s attempting to see inside my head and make sense of me. We donââ¬â¢t consistently concede to everything, and once in a while we even battle like sisters. In any case, at long last, we generally remain together. Composing a CHARACTER SKETCH â⬠would you be able to attract your companion WORDS? Essayists need to depict individuals conceivably and everything being equal. They have to portray characters in such detail perusers can really feel they know them. A character sketch is an approach to write individuals down. It goes past simply depicting a personââ¬â¢s physical qualities. Character portrays are best when they uncover ââ¬Å"tellingâ⬠subtleties that catch the pith of someoneââ¬â¢s character. ?You will compose a character sketch for somebody you know. It could be a companion, relative, or anyone you know well. Hereââ¬â¢s a rundown of things to remember for your character sketch: â⬠¢ opening â⬠present the subject (your companion) â⬠¢ clarify how you met, or where you know each other from â⬠¢ give a physical portrayal â⬠appearance, garments, voice, propensities, idiosyncrasies, and so forth â⬠¢ character quality #1, and supporting proof â⬠¢ character attribute #2, and supporting proof â⬠¢ character characteristic #3, and supporting proof â⬠¢ shutting remark â⬠attempt to reconnect to your initial You don't need to follow this precise request, however your character sketch needs to incorporate every one of these parts. TIP: Think about your companion in distinctive detail. What shading are her eyes? What sort of garments does she favor? What sort of shoes? How is her hair style and styled? Burrow further. How can he talk? Quick, slow, delicate? What anxious propensities does he have? What does he dream about? What music does he like? What sports? What subjects in school? These subtleties can say a great deal regarding character.
Saturday, August 8, 2020
Defeat your Loneliness on Christmas
Defeat your Loneliness on Christmas Things to Do on Christmas Day HomeâºTips for StudentsâºThings to Do on Christmas Day Tips for StudentsDecember is a special month; it brings the feeling of a holiday and everything starts buzzing in Christmas preparations. From all around, you can hear about sparkling family traditions, different gatherings and the spirit of unity. So you get a bit of a Grinch mood when anticipating that this Christmas you will spend on your own. There are plenty of reasons that spoil your holiday; the hint is not to fall for them.When youâre alone at Christmas If there is a chance to take control over your depressive circumstances, go for it! Rearrange your Christmas and enjoy your time. Itâs much better than hibernating the whole month, trust me. You donât have to perform feats to make your Christmas bright and enjoyable. Take small steps to create your holiday atmosphere.First of all, put some decorations to give a feeling of Christmas. At least, do something small like a tiny Christma s tree on your desk or a glowing garland above your bed. Even these simple details will involve you in the celebration. Donât let yourself being excluded from Christmas this year.Get rid of the dreadful feeling when everyoneâs celebrating except you. Make a plan, think of the special activities, maybe, find some alternatives to Christmas clichés. It must be something exciting for you. Bonus: you donât have to avoid âWhat are you doing this Christmas?â question anymore.Whatever homebody you are, donât spend all day alone. Find a company to celebrate with. Call your friends, visit your family, host a dinner, become a Christmas volunteer. People around will certainly make your day by simply saying âMerry Christmas!âTake your time to gather thoughts. If you really have a sad reason not to celebrate this year, donât pretend to be happy. Think of your life, of the past year, of the meaning of Christmas. This holiday bears hope. This is the day when Jesus was born. He ca me to this world to become our redeemer, and He certainly knows how to overcome difficulties.This season I wish you to be happy. You have a chance to start over!
Saturday, May 23, 2020
A Domestic Dilemma Essay - 1339 Words
Carson McCullers takes the reader on a journey into the lives of a family plagued by alcoholism in quot;A Domestic Dilemmaquot;. The realism of the story is astounding, as most people will often find themselves torn when facing difficult family decisions. The Meadowsââ¬â¢ family is torn by both compassion and suffering, and Martin Meadows is faced with one of the most difficult decisions of his life. In A Domestic Dilemma, the author conveys the idea that individuals facing difficult decisions in marital relationships must act in the best interest of oneââ¬â¢s self.The conflicts in the story surround Martin and Emilyââ¬â¢s marital relationship. It is clear that their marriage is deteriorating because of Emilyââ¬â¢s alcoholism. Emily often attempts toâ⬠¦show more contentâ⬠¦quot;As Martin watched the tranquil slumber of his wife the ghost of the old anger vanished.quot; He knows that his emotional and physical desire for Emily may be the very element that destroys h is childrenââ¬â¢s lives. Martin is searching for a solution to his problems that will keep all his loved ones safe. Martin Meadows is an ideal husband. He works hard in his office and his home. Martin is amazingly efficient, tending to the garden, decorating for Christmas, cooking for his children, and pulling their lose teeth. He longs for the days back in Alabama when his family was happy and alcohol was not a part of their lives. From the start of the story Martin is weary from the disappointment he has encountered in the changes seen in his wife. During Domestic Dilemma Martin begins to realize that his efforts are no use, and his wifeââ¬â¢s behavior is not going to change before something horrible happens to one of his children. Her drunken outbursts and manipulative games confuse the children at their young ages, and Martin fears that his children will not forget these horrible incidents and will grow up emotionally strained by their motherââ¬â¢s problem. Emilyââ¬â¢s move to New York tore her life apart. Once a happy housewife in Alabama, When her family moved to New York for her husbandââ¬â¢s company, Emily become lonely and depressed. Emily misses the warmth of a small southern town where sheShow MoreRelatedEthical Dilemma Of An Article On Local Domestic Violence1863 Words à |à 8 Pages Ethical Dilemma A year ago when you were employed by St. Paulââ¬â¢s Family center, you served as social worker of Nicholas Karros, who had been experiencing problems on his job that affect him and his family. About eight months ago, Nicholas was killed in an altercation at a local bar. Roberta Frei, a reporter for the local newspaper, approached you yesterday to ask for information about Nicholas because she heard he had been abusive to his wife and children. Ms. Frei wanted this informationRead More Theme Analysis of Carson McCullers A Domestic Dilemma Essay519 Words à |à 3 PagesTheme Analysis of Carson McCullers ââ¬Å"A Domestic Dilemmaâ⬠Carson McCullerââ¬â¢s story ââ¬Å"A Domestic Dilemmaâ⬠depicts a family torn by both compassion and suffering. Martin, a loving and understanding husband must deal with his familyââ¬â¢s problems. Martinââ¬â¢s wife, Emily, distraught by her new environment, initiates her familyââ¬â¢s difficulties with her drinking habits. The story examines a familyââ¬â¢s severe problems, and yet also illustrates the depth of love and loyalty that allows people to survive adversityRead MoreRwanda s Dilemma Between Domestic Desires And International Pressures992 Words à |à 4 PagesTitle: Rwandaââ¬â¢s dilemma between domestic desires and international pressures The wheels towards the 2017 Rwandan Presidential election begun turning over the last few months with Paul Kagame seeming to be legally able to run for an additional term in office. For those who study Rwanda, Kagame has been in control since the end of the horrific 1994 Rwandan genocide also known as the 1994 genocide against the Tutsi. Officially, during his first six years in power, Kagame was the Vice President. PoliticalRead MoreEthics Game Reflective Journal1042 Words à |à 5 PagesReflective Journal Ethical dilemmas surface daily in professional nursing practice. Whether you work in acute care, long-term care, hospice care, ambulatory care, managed care, or public health care chances are you will be responsible for making decisions in a situation of ethical concern. The purpose of this paper is to reflect on the ethical issues presented in the Ethics Game simulation, the decision-making process used to determine the solution to the dilemma, and apply concepts from theRead MoreEthical Dilemmas Of A Nurse1376 Words à |à 6 PagesIn this essay I will look at the range of ethical dilemmas that a Nurse may encounter whilst working in a health and social care setting and discuss how individual workers and agencies will deal with these dilemmas. I will also look in the decisions to resolve the dilemmas through the perspectives of different ethical approaches. AC1.1 An Ethical dilemma is a problem without a satisfactory resolution. Nurses can face ethical dilemmas everyday whilst at work in almost any work setting. Ethics involveRead MoreDomestic Violence And An Imperative Social Problem1370 Words à |à 6 PagesDomestic violence is one of the worldââ¬â¢s leading dilemmas. It is occurring in our backyards or the homes of our next door neighbors. In our everyday world this issue has been accepted, tolerated and greatly associated within various relationships. Music does an excellent job in referencing this matter in countless songs. For example, a pop single by The Crystals He Hit Me (And It Felt Like A Kiss) in (1962) uses amusing vocals with corroding strings and sorrowful drums to enhance this song and shedRead MoreAnalysis Of Kamala Das s Projection Of Self Essay1441 Words à |à 6 PagesTension and Moral Dilemma occupies an important place, position and appears to be the kernel of Kamala Dasââ¬â¢s poetry. Kamala Dasââ¬â¢s project ion of self is the projection of tension and dilemma in her life. Her projection is biological, psychological, philosophical, confessional, self-expressive, self-recordative, self-explorative and self-realised. Her autobiography ââ¬Å"My Storyâ⬠is clearly projected in her poems and she is exception to others. Her tension of life and symbioses of opposites form theRead MoreEthical Issues in the Study of Domestic Violence Essay examples1232 Words à |à 5 PagesThis essay will critically analyse the ethical issues portrayed in the study of researching domestic violence. Ethical issues are inevitable in any research, especially that of the sensitive population. This essay will look at the ethical dilemmas of researching a sensitive population in relation to gaining access to the data. This essay will also look at the safeguards that were put in place to potential ethical problems and analyse their suitability in regards to this research. This essay willRead MoreEthics Game13 53 Words à |à 6 Pagesby his domestic partner YM who stayed with him in the ER till his transfer to the ICU. Once AT was admitted to the ICU, YM was prevented from visiting him by CB, the shift supervisor for the day shift despite hospital policy which clearly states that domestic partners are to be treated as married couples. Decision making process From the readings for this week, I saw there are several steps involved when attempting to resolve any ethical dilemma. First I needed to define the dilemma in bothRead MoreEssay on Ethics Game Simulation Reflective Journal918 Words à |à 4 Pagesââ¬Å"the branch of philosophy concerned with evaluating human actionâ⬠¦ meaning character, customs, or habitual uses, ethics encompasses a process of determining right conduct from wrong.â⬠(Guido, 2010, p. 3). Nurses are confronted with numerous ethical dilemmas that are intertwined with legal issues. Concepts of ethical and legal concepts are frequently interplayed and decisions between the two are often intricate. One must go through steps of the critical decision process and contemplation among the four
Tuesday, May 12, 2020
The Effects Of Being A Young Carer On An Adolescent s...
Are adolescents really going through a time of turmoil, or is that just a stereotype? What might be the impact of being a young carer on an adolescent s development? There pervades in both general society and in psychological research circles an idea that adolescence must be a time of psychological upset, disturbance, and turmoil (Rutter et al., 1976), and that this is a natural, unavoidable part of the lifespan. This view is based on those of many original theorists (such as Freud, Geleerd, Eissler,.) who described the mood swings, upheavals, and difficulties of adolescent psychology as verging on mental illness. Adelson (1964, pg1-5) suggested there are two views of adolescence, one based on delinquents found in negative new reportsâ⬠¦show more contentâ⬠¦(1976) investigated a group of adolescents on the Isle of Wight, age 14-15, comparing blind psychiatric diagnoses for two groups, one random and the others with high ââ¬Ëdeviantââ¬â¢ scores on a behavioural questionna ire. They found that ââ¬Ëinner turmoilââ¬â¢ (in this case described as miserable feelings and low self-esteem) was quite common, and the diagnosis of psychiatric conditions was slightly more frequent during this period than in earlier childhood, with an increase in depression. However, Larson et al. (1980) used self-reports from 900 adolescents, aiming to ââ¬Ëevaluate the widespread theoretical assumption that adolescents experience greater mood variability as part of a syndrome of psychosocial disequilibriumââ¬â¢. While they confirmed that adolescents appear to have bigger and quicker mood swings, they disputed the conclusion that these swings indicate ââ¬Ëturmoilââ¬â¢, as the variation was not linked to stress, lack of control or psychological or social maladjustment. They conclude, ââ¬Å"Variability is not a malady of adolescents, but may well be an obstacle to their growth.â⬠(p. 488). Further disputing the stereotype is a more recent study by van de Wetering et al. (2010) investigated happiness among Dutch adolescents. They found a high level of happiness among their subjects, with a score of 7.69 out of 10, supporting previous findings from around the world (Gilman Huebner, 2003; UNICEF 2007). However other studies, while reporting overall highShow MoreRelatedMedical Conditions on Adolescents1414 Words à |à 6 Pageslarge effect on everyone, no matter what the age. In adolescents, they are still dependent on their parents as their caregivers, and are old enough to understand and make decisions for themselves. Chronic illness has been definedà as ââ¬Å"an illness that is prolonged in duration, does not often resolve spontaneously, and is rarely cured completely.â⬠(Australian Government Department of Health and Ageing). Adolescence is ââ¬Å"a period of rapid physical, psychological, emotional and social development duringRead MoreAttachment Theory And Its Effect On Social Work2045 Words à |à 9 Pagesthe academic s who have defined the process and its effect within social work. Firstly we need to know what exactly what attachment theory actually is. I belief this can be described as being a set of theories derived from academic s who feel attachment has a psychological normality for searching an i ndividuals closeness to another person in there life, and there effect to promote security when that person is with them and the anxiety when they have gone. There are many theorist s in the fieldRead MoreAn Ideal Age At Which Women Should Conceive Their First Child1600 Words à |à 7 Pagesincreased in recent decades. Cumulative research proposes that adolescent parenthood may impinge on childhood development because of a variety of factors, including psychological, biological and socio-contextual factors, and thus having children at an older age may be more beneficial for the child. This review seeks to examine whether there is an ideal age at which women should conceive their first child so as to ensure optimal development throughout childhood. Australian Trends throughout the DecadesRead MoreUnit 1 Qcf Level 3 Essay9585 Words à |à 39 PagesUnit 1: Understand Child and Young Person Development Unit code: CYP Core 3.1 Unit reference number: L/601/1693 QCF level: 3 Credit value: 4 1.1 Explain the sequence and rate of each aspect of development from birth ââ¬â 19 years The sequence of development of a child and young person is divided into five different aspects. They include: Physical, social, communication, intellectual and cognitive, emotional and behavioural and moral development. Since every child develops at a differentRead MoreIapt Essay5419 Words à |à 22 PagesBasic Skills Component Domains within the Children and Young Peopleââ¬â¢s IAPT Project and the challenges in applying them in your service.ââ¬â¢ 1. Introduction This paper will focus on Evidence-Based Psychological Treatment for Children and Young People and aim to critically discuss the Basic Skills Component Domains within this area. It will look at the challenges of applying them to the authors work setting of Tier 3 Children and Adolescent Mental health service (CAMHS). This paper has been dividedRead MoreAssessment Two And Professional Development Essay1665 Words à |à 7 Pagesof Narrabundah, ACT. In three sections, this assignment will identify the population profile of the assigned community, the local Indigenous community health service - Winnunga Nimmityjah and the professional development of nurses addressing the importance of on-going professional development for delivering culturally safe nursing care at this local community health service of Narrabundah. PART A Narrabundah is located in the inner south city of Canberra, ACT. The ACT Government acknowledges theRead MoreUnit 512 Lead Practice in Promoting the Well-Being and Resilience of Children and Young Peopl3510 Words à |à 15 PagesUnit 512 Lead practice in promoting the well-being and resilience of children and young people Understand how different approaches to promoting positive well-being and resilience in children and young people. Explain the importance of well-being for children and young people. Child well-being and deprivation represent different sides of the same coin. From a child rights perspective well-being can be defined as the realisation of childrenââ¬â¢s rights and the fulfilment of the opportunityRead MoreUnderstanding Children and Young Person Development Essay13960 Words à |à 56 Pagesfostering children and young people Standard 2: Understand your role as a foster carer Standard 3: Understand health and safety and safer caring Standard 4: Know how to communicate effectively Standard 5: Understand the development of children and young people Standard 6: Keep children and young people safe from harm Standard 7: Develop yourself Standard 1: Understand the principles and values essential for fostering children and young people 1.1a WhatRead MoreSocial and Emotional Development10353 Words à |à 42 PagesChild Development: Social and Emotional Development Child Development - Social and Emotional Development Introduction: As we grow older we change; these changes are most visible during infancy and childhood. From birth, babies grow larger and show noticeable development in both their social and intellectual competence. The study of age-related changes in human behaviour is referred to as developmental psychology. Child development refers to the psychological and biological changes thatRead MoreSocial and Emotional Development10365 Words à |à 42 PagesChild Development: Social and Emotional Development Child Development - Social and Emotional Development Introduction: As we grow older we change; these changes are most visible during infancy and childhood. From birth, babies grow larger and show noticeable development in both their social and intellectual competence. The study of age-related changes in human behaviour is referred to as developmental psychology. Child development refers to the psychological and biological changes that occur
Wednesday, May 6, 2020
International Financial Integration. Is it worth it Free Essays
string(104) " many countries in the past have used capital controls to limit the harmful effects \(Grumman, 2008, p\." We are witnessing the transformation of meld-20th century managerial capitalism Into global financial capitalismâ⬠. This Is what Martin Wolf expressed In an article written for the Financial Times In June 18, 2007. Even after the global economic crawls that followed the next years and from which the world Is still recovering, this statement Is of great relevance. We will write a custom essay sample on International Financial Integration. Is it worth it or any similar topic only for you Order Now Actually, this crawls Is a good example of how Integrated the worldââ¬â¢s financial markets have become: a financial crisis that started In some developed countries practically spread throughout the whole world. As Wolf himself hinted in his book Fixing Global Finance, it is obvious why financial crises bounce back from one country to another (2008, p. 25). First, markets are connected globally, both for commodities and financial instruments; second, an unexpected weakness in one country is seen by investors as a weakness for apparently similar countries; third, when governments fail to respond to financial crises as expected, trust in their willingness to act elsewhere will be lost; fourth, a high perception of risk in one market may spread to others; and fifth, the rationing of reedit to risk borrowers can turn a slight instability into a crisis (Wolf, 2008, p. 5). Likewise, Jeffrey Freddie adds that current regulations and technology allow money to travel around borders almost instantly, giving rise to short-term international transactions (Freddie, 1991, p. 428). With such vulnerabilities, to what extent is international financial integration (capital mobility) worth it? To answer this question, this paper will try to explain how and why capital mobility alters economic policymaking by governments as well as the tradeoffs such polic ies entail. By doing so, it will show the extent to which capital mobility takes policy autonomy away from governments and Indicates how It can affect certain countries more than others. To do so, first the concept of the open economy trillium will be illustrated. Followed policymaking and its interaction with exchange-rate stability and macro-economic independence and the influence this has in different countries. The Unholy Trinity Also known as the open economy trillium or the Mendel-Fleming Model in reminiscence to the economists that first set forth the concept, it indicates that overspent must choose between two of three goals: capital mobility (CM), exchange-rate stability, or monetary independence (Freddie, 2008, p. 347). Giving up CM implies placing capital controls that ultimately close world markets to a country. This is what the Latin American nations practiced from the sassââ¬â¢s until the sassââ¬â¢s with their import-substitution industrialization (ISââ¬â¢) policy (Freddie, 2007, p. 10-312). On the contrary, in a financially integrated world as today, the trade-off is between exchanger stability and domestic monetary policy autonomy. If the latter is referred, the exchanger will have to be allowed to fluctuate. For example, if a government wants to encourage investment and increase consumption, policymakers will pursue low interest rates. Hence, many investors will want t o move their investments to another country that offers higher interest rates. When the capital leaves the country, demand for the local currency will 2 decrease and it will end up depreciating; there is no exchange-rate stability (Walter, 2013, p. 22). Conversely, if policymakers prefer exchange-rate stability, they need to subject monetary policy solely to this goal. To neutralize depreciation or appreciation, interest rates still have to be lowered or increased, but they cannot be used for domestic objectives such as encouraging investment or promoting a rise in consumption (Walter, 2013, p. 22). With this model in mind, I now pass to explain how and why CM alters autonomous economic policymaking by governments, first by indicating its influence and then by explaining its interaction with the other two goals of the economy trillium. Influence of CM in national economic policymaking worth asking: what are the benefits of CM that make it incontestable in todayââ¬â¢s world? Benefits of CM For one part, CM allows countries to borrow from the rest of the world in order to improve their ability to produce goods and services (Newly, 1999, p. 1 5). In doing so, goods and services from other parts of the world compete in local markets. This creates a more competitive environment, driving down profits and forcing companies to seek finance from outside (Wolf, 2008, p. 22). Due to the increased competitiveness, a global financial system can benefit the quality of domestic regulation: there will be pressure for better accounting 3 standards and an improved legal and financial system (Wolf, 2008, p. 3). In this sense, it will encourage companies to lobby for a more efficient, flexible and accessible financial system (Wolf, 2008, p. 3). Linked to competition, such financial systems can encourage governments to re- thinkââ¬â¢ their policies (avoid requesting too much taxes or allowing too much inflation, for example) and prevent capital outflows (Wolf, 2008, p. 23). Also, CM allows risk diversification and technology transfer (Wolf, 2008, p. 23). Furthermore, in many developing countries the economy is not big enough for its citizen ââ¬â¢s savings to finance world-level institutions. This is an important argument for allowing the presence of foreign banks (Wolf, 2008, p. 23). For example, between 1960 and 1980 South Korea annually requested funds from international sources equivalent to 4. 3% of its GAP to finance its strong economic growth (Newly, 1999, p. In addition, capital flows allow countries to avoid large drawbacks in consumption from economic crises by selling assets to and/or borrowing from outside sources (Newly, 1999, p. 1 5). It was precisely through foreign lending that Mexico and Argentina were able to overcome their 1995 crisis (Grumman, 2008 p. 51). All in all, capital flows can be beneficial for a nation. However, this type of global integration is likely to generate crisis if pursued with a low level of economic development (Wolf, 2008, p. 24). Citizens in developed countries may have enough savings within the national financial system to allow their governments to leverage enough investment and growth. However, developing countries will most likely depend on capital inflows for this and even more urgently when an economic imbalance occurs. Hence, many countries in the past have used capital controls to limit the harmful effects (Grumman, 2008, p. You read "International Financial Integration. Is it worth it" in category "Papers" 107). Pinpointing on this last issue, what leads a country to prefer a fixed exchange-rate and monetary autonomy over CM? In short, the control of capital flows helps a country have economic stability (Newly, 1999, p. 21). As investors have limited information about the true value of the assets they hold in the country, they tend to infer from the actions of others, creating a herding behavior, where asset price variations cause further changes in the same direction, leading to a boom-bust cycle and macro-economic instability, hence Justifying capital controls (Wolf, 2008, p. 25). There are different ways this is sought by todayââ¬â¢s governments. Control of CM First, capital controls may be used to discourage capital outflows in the event of a crisis, allowing the central bank (CB) to have invulnerability with domestic monetary policy. This is how Malaysia responded to its 1998 crisis (Newly, 1999, p. 19). -. Second, economic stability can be achieved by preventing destabilize outflows in the first place, in other words, changing the composition of capital inflows (Newly, 1999, p. 21). Through capital inflow controls, the government helps prevent future and sudden outflows by investors. This is what Chile practiced in the sassââ¬â¢s. By scrounging capital inflows, Chile was able to limit the number of volatile capital that could have left the country on short notice (Newly, 1999, p. 21). 5 Likewise, at present the International Monetary Fund (MIFF) is recommending capital flow management measures after exhausting interest-rate adjustment and if implemented alongside foreign exchange-rate reserves accumulation and macro- prudential financial regulation (Gallagher, 2012). As mentioned above, the aim of CM controls is macro-economic stability. I will now further explain the reasons why CM causes economic instability in the first place. There are two reasons: either they are the result of irresponsible behavior in the markets or of bad policies by local authorities (Change, 1999, p. 7). The former reason has to do with human attitudes: while in economic boom, there is excess of greed; in recession, there is excess of fear (Wolf, 2008, p. 21). This leads, as explained above, to the panic and herding effect. Market that make it inherently risky ââ¬â adverse selection, moral hazards, and asymmetric information (Wolf, 2008, 19). The unfortunate intervention of a government (wrong or bad fiscal and/or monetary policies) often makes them even sees safe, as is the case of poor fiscal discipline added to a lack of monetary discipline (Wolf, 2008, 22). Likewise, mistakes in exchange-rate policy can greatly affect the financial market as will be described in the next section. Both of these reasons affect the other two goals of the unholy trinity: exchange-rate stability and monetary independence. We will be able to see this by explaining the interactions of CM with these two other goals. Interaction of CM with exchange-rate stability and macro-economic independence 6 To provide a sense of how CM interacts with exchange-rate and macro-economic lollygagging, different scenarios are analyzed: fixed vs. fluctuated exchange-rate and the efficacy of monetary and fiscal policies. First, the efficacy of fiscal policy in a country with a fixed exchange-rate and CM will be considered. Supposing that a government seeks to stimulate national income, it will pursue an increase in aggregate demand by increasing government spending and/or reducing taxes. Consequently, interest rates will go up and an inflow of capital from abroad will arrive. This capital inflow would lead to an excess supply of foreign currency. Therefore, as the exchange rate is pegged, the country CB would have to ay that excess supply with national currency, thus stimulating the national income even more. Although this might seem ideal, the ultimate consequence is a detriment of the country international competitiveness: exports would become more expensive to the world and imports cheaper for the locals (Greece, 2003, p. 87). Accordingly, international investors would lose confidence in the governmentââ¬â¢s capacity to sustain a current account deficit brought by the capital inflow, as well as probable price inflation due to the fiscal expansion , and move their money somewhere else (Greece, 2003, p. 7). Now with a capital outflow, the CB would seek to raise interest rates, which leads to a decrease in investment and consumption, thus reducing aggregate demand and counteracting the national income stimuli (Greece, 2003, p. 87). From a monetary policy perspective, the prospect is not positive either. If the economy wants to be stimulated, the CB would have to reduce interest rates which currency would exceed its demand, and in order to maintain its peg the country CB would have to buy the excess with 7 its foreign exchange reserves. The national currency reduction circulating in the economy and the consequent increase in interest rates and decrease of income and consumption would end up cutting the national income stimuli also (Greece, 2003, p. Now, considering a flexible exchange-rate and, again, supposing a fiscal policy intended to boost national income and hence a rise in interest rates, the country would expect capital inflows. Therefore, there is an increase in demand for the national currency, which would appreciate in value, causing imports to be less expensive in the local market and exports more expensive abroad. Accordingly, the country would lose in international competitiveness and the probable reduction of sports (because they are now more expensive for the world) would decrease national income (Greece, 2003, p. 88). On the other hand, regarding monetary policy with a flexible exchange-rate, some political scientists consider that it has strengthened as the world has become more integrated (Greece, 2003, p. 89). When a governmentââ¬â¢s goal is an increase in national income, the natural response is to lower interest rates. This would provoke a capital outflow from the country, which in turn brings depreciation of its currency and hence a competitive edge in the international market. This effect would increase aggregate emend and national income even more (Greece, 2003, p. 89). However, policy preferences of economic interest groups differ within a country (Freddie, 1991 , p. 432 and Walter, 2008, p. 406). Therefore, those who depend on imports, for example, will prefer a stronger local currency (Freddie, 1991, p. 45). This is, for example, Thailand experience with its 1997 economic crisis (Walter, 2008, p. 422). Thailand economy was, and still is, export-oriented. However, in 1997 the majority of its exporters produced industrial goods that needed imported inputs. Therefore, the depreciation ad no real competitive effect (Walter, 2008, p. 422). 8 Developing countries and CM As economic an d financial markets in developed countries provide more stability to investors, as seen with the above interactions developing countries are more externalities on recipient countries (Gallagher, 2012). In this sense, regulating CM is an optimal tool to address market failures and enhance growth, not worsen it (Gallagher, 2012). Conclusion International financial integration alters national economic policymaking. This can be understood by first looking at the Mendel-Fleming Model and the influence and interaction of CM with exchange-rate stability and macro-economic independence. In todayââ¬â¢s world, CM has priority over the two other goals. However, there are certain traits that can lead a country into an imbalance or even a deep crisis, especially for developing countries. Hence, the level of openness to CM must be studied against the economic development of the country and its financial health. Countries are the custodians of national economic stability and well-being. How to cite International Financial Integration. Is it worth it, Papers
Saturday, May 2, 2020
Corporate Laws Assignment
Question: It's about negligence. Essay needs to discuss about duty of care, breach and damage in all case by showing the reference case of it needs. Essay need to be written in IRAC form. (Issue, rule, application,conclusion. Answer: Issues In the given scenario in the case, the primary issue that is involved in the case is that whether there is any claim of Oleocampo through Micheal can file a law suit against Ridgeley for negligence. The other issue that is involved in the given scenario is that whether Julie, the worker in Oleocampo can sue Ridgeley for the failing to meet payments on the mortgage. Relevant Laws In resolving the issues of the given scenario, the laws relating to negligence has to be discussed in details. The act of negligence occurs when one person owed the duty of taking reasonable care and failed to do any act that any reasonable person should have done in taking the reasonable care. In addition to that the failure to take the reasonable care has resulted in the damage or injury to any other person (Alexander 2015). In the Southern part of Australia, the Civil Liability Act of 1936 is involved in making the assessment of the acts of negligence by any individuals and the amount or type of liability that incur on such individuals as a result of such negligence. In case any person sues another person in a suit of negligence, then such person is considered to have been seeking the financial compensation for the damage sustained on his or her part. The purpose of seeking the compensation in the financial terms in any suit of negligence is to put the victim of negligence in that position if the negligence has not occurred. In the general situations where negligence act is alleged is commonly in cases of car accidents or injury of personal property of other persons or medical or professional negligence (Barker et al. 2012). In order to make the determination of the act of negligence the following factors is entitled to be considered: Defendant owes the duty of taking care towards the plaintiff. Breach of care by the defendant Injury sustained by the plaintiff Relation between the injury of the plaintiff and the duty to take care by the defendant In a case of negligence if the all the above-stated elements are established then the suit of negligence can be filed and won in a Court of law. The first element that is the duty to take care determines the obligation on the part of any person in avoiding any injury or harm that is foreseeable if any care has not been taken (Fordham 2013). Application of the law in the given case In the given scenario, George Michael is the owner of the Oleocampo Company that is engaged in the supply of best quality of olive oil in the Koala island. The problem cropped up when in the adjacent firm of the Oleocampo, a person named Ridgeley by mistake sprays chemical pesticides in the groves of Oleocampo. As a result, of this incident, the quality of the olive oil of Oleocampo came down. As a result of that Oleocampo failed to supply olive oil to their customers at the price in which it was entitled to sell the oil. The Company Oleocampo sold the oil at a lower price. For the lowering down of the price the Company Oleocampo has to make a reduction of its 25% staff. As a result of that one lady named Julie lost her job and failed to meet her payments of mortgage (Stewart and Stuhmcke 2014). In the given case, there is breach of duty to take care by Ridgeley in spraying the groves. He should have been more careful while spraying. As a result, of the act of Ridgeley, the Oleocampo Company has to suffer a financial loss and hence can sue Ridgeley in a suit of negligence. In the case of Julie, her fact of losing job and failure to make the payment of her mortgage money is directly foreseeable to the act of Ridgeley. Hence, Julies claim against Ridgeley would be successful (Gibson et al. 2013). Conclusion In the conclusion, it can be said that the Company Oleocampo has the right to file a suit of negligence against Ridgeley. Julies claim against Ridgeley will be successful against Ridgeley. Reference List Alexander, K., 2015. Tort Liability for Ratings of Structured Securities Under English Law.University of Oslo Faculty of Law Research Paper, (2015-06). Barker, K., Cane, P., Lunney, M. and Trindade, F., 2012.The law of torts in Australia. Oxford University Press. Fordham, M., 2013. Legislation and Case Notes: Contributory Negligence and the Disabled Claimant.Singapore Journal of Legal Studies, p.192. Gibson, A., Richards, B. and Blay, S., 2013.Torts Law in Principle. Law Book Company. Goudkamp, J., 2016. Reforming English Tort Law: Lessons from Australia.Damages and Compensation Culture: Comparative Essays, Forthcoming.
Subscribe to:
Posts (Atom)