Love And Hate Essays - Love, Emotions, Discrimination, Hatred

Love And Hate Historically, extremes in emotion and reason do not often mix. I am thus cautious of attempting to comb through love or hate with reason. My recourses are two: to (yes, using what reason I have) separate intellectual thought from emotion; and to apply as little reason as possible without ceasing to write. It seems reasonable (sorry) to assume that emotion and reason have nothing to do with each other. It also seems very likely that one cannot exist with the other. They seem capable of cohabitation within a single person, but fall upon differing objects. Are not the things we love or hate not the things we understand? Hate: Hate is one of our reactions to a lack of understanding. We cannot hate that which we understand. Hate is our frustration at failure to comprehend. The more we understand something hated, the more our hatred becomes sadness or pity, or deepens to a hatred of that which caused whatever it was that we did not understand. In the latter case, the hatred may increase with understanding, but the object of the hatred has shifted. We are given a wide range of paths for dealing with our hatred, from the altruistic to the reactionary. The altruists, wishing peace without societal discord, tell us to repress our hatred and replace it with love, a path bound eventually for emotive explosion and breakdown. The diametric path gives us a series of smaller explosions with promise of emotional stability as a result of constant expulsion of malefic urges. Neither of these, or combinations thereof, are terribly productive ways in which to deal with hate, as even the moderate paths deal with the hatred only superficially and inefficiently. I see the only way around hatred being understanding. Upon comprehension of the object of hatred, one is either better equipped for the constructive removal of said object, cooly and rationally; or no longer desirous of the removal. Either outcome is fully satisfying altruistically. In the latter case, one must accept simultaneously a bit of humility for having been mistaken as well as a bit of pride for having become a bit more correct. This leaves one emotionally balanced. The hatred is not repressed, but transformed. The same emotional energy is simply working in a different direction. Upon the removal of the object, the hatred is put to work in a positive manner instead of simply lashing out half-cocked and possibly incorrectly. The process is simply that of questioning: "why does this specific situation exist?", and "what can be done to cause this situation not to exist?". Realize that just as for every action, there is an equal and opposite reaction; for every reaction, there is an equal and opposite cause; and that nothing is simply either cause or effect, but everything is both. Love: Ask the same questions, hope not to find answers, and don't be disappointed when you do. If you find understanding of the object of love, it will no longer be an object of love, as love, similarly to hate, is a reaction to a lack of understanding. The faster you find answers, the more superficial the emotion. When answers come in the form of more questions, you have a true indication of the intensity and thoroughness of the emotion, and there is more likelyhood that when love finally disappears, through comprehension, it will be replaced with respect and admiration which you will find very easy to tell yourself is the same thing. I am sorry if it seems I have advised you to processes that diminish or destroy emotions; I have not. Emotions, contrary to poetic assumption, are not permanent, but transitory (although it is certainly not impossible for them to remain for durations exceeding a human lifetime). I believe that the proper thing to do with emotions is to consummate them, not to either prolong or shorten their duration, for one is stagnation and the other repression.

Lexicalization Definition and Examples

Lexicalization Definition and Examples ...Lexicalization is the process of making a word to express a concept. Verb: lexicalize. Here are some examples and observations from experts and other writers: Examples and Observations The OED (1989) defines lexicalize (1) as to accept into the lexicon, or vocabulary, of a language, and lexicalization as the action or process of lexicalizing. In this sense simple and complex words, native as well as loanwords can be lexicalized. Thus, Lyons (1968:352) says that the relationship of the transitive (and causative) concept of to cause someone to die is expressed by a separate word, to kill (someone). Quirk et al. (1985:1525f.) restrict lexicalization to words formed by word-formation processes, explaining it as the process of creating a new word (a complex lexical item) for a (new) thing or notion instead of describing this thing or notion in a sentence or with a paraphrase. The use of words is more economical because they are shorter than the corresponding (underlying) sentences or paraphrases, and because they can be more easily used as elements of sentences. Thus one does not say someone who writes a book [...] for someone else, who then often pretends it is their o wn work, one says ghostwriter instead . . ..(Hans Sauer, Lexicalization and Demotivation. Morphology: An International Handbook on Inflection and Word-Formation, ed. by Christian Lehmann, G. E. Booij, Joachim Mugdan, and Wolfgang Kesselheim. Walter de Gruyter, 2004) Lexicalization and Idioms Despite a certain lack of consensus about the meaning of idiom, the identification of lexicalization with idiomatization is widespread . . .. Indeed, according to Lehmann (2002:14) idiomatization IS lexicalization in the sense of coming to belong to an inventory, and Moreno Cabrera (1998:214) points to idioms as the best examples of lexicalization. Lipka (1992:97) cites examples such as wheelchair, pushchair, and trousersuit, which have specific and unpredictable meanings. Bussmann [1996] considers idiomatization to be the diachronic element of lexicalization, which occurs when the original meaning can no longer be deduced from its individual elements or the original motivation of [a] unit can only be reconstructed through historical knowledge, as in the case of neighbor, cupboard, or mincemeat...Bauer identifies a subtype of lexicalization which he calls semantic lexicalization (1983:55-59), instancing compounds such as blackmail, mincemeat, townhouse, and butterfly or derivatives s uch as unquiet, gospel, and inspector which lack semantic compositionality (because semantic information has been either added or subtracted). Antilla (1989 [1972]:151) adduces examples such as sweetmeat, nutmeat, Holy Ghost spirit, widows weeds clothes, and fishwife, which are morphologically transparent but semantically opaque as instances of lexicalization. (Laurel J. Brinton and Elizabeth Closs Traugott, Lexicalization And Language Change. Cambridge University Press, 2005) It is important to note, however, that idiomatization is only one aspect of lexicalization, which is why the two terms should not be used interchangeably (as is sometimes the case). Rather lexicalization has to be regarded as the cover term for a range of phenomena, semantic and non-semantic. Bauer (1983: 49) also emphasizes that opacity is not a necessary pre-requisite for lexicalization since [s]ome lexicalized forms [...] may remain perfectly transparent, e.g. warmthwhich must be considered lexicalized because the suffix -th cannot be added synchronically to an adjective to provide a noun.(Peter Hohenhaus, Lexicalization and Institutionalization. Handbook of Word-Formation, ed. by Pavol Ã…  tekauer and Rochelle Lieber. Springer, 2005) Pronunciation: lek-si-ke-le-ZAY-shun Alternate Spellings: lexicalisation

Accounting for Corporate Accountability Essay Example | Topics and Well Written Essays - 750 words

Accounting for Corporate Accountability - Essay Example Accounting for Corporate Accountability Many organisations in many countries have begun voluntary disclosure of the social environmental impacts of their activities in their annual reports. (Deecan and Unerman, 2006) These practices which have now become widespread began in many countries in the early 1990s, following considerable advances by a number of large companies to report environmental aspects of their business activities. Later-on from the mid-1990s, the reporting of social and environmental impact of organisations’ activities has become an increasingly popular practice. (Deecan and Unerman, 2006). The disclosures have often been made in the annual reports which include the financial statements comprising the balance sheet, profit and loss account and cash flow statement as well as a statement of shareholders’ equity. (Deecan and Unerman, 2006) The content of the social and environmental impact usually comprise of policies, practices and or impact of the reporting organisation on its environment. (De ecan and Unerman, 2006). The new practice today by some organisations is to separate the environmental social disclosures from the annual report as the disclosures have become widespread and extensive. (Deecan and Unerman, 2006). These organisations while publishing a summary of disclosures of social environmental impacts in their annual report publish alongside a more detailed social and environmental report in a separate document. (Deecan and Unerman, 2006).

Infant and toddler safety at home Research Paper - 1

Infant and toddler safety at home - Research Paper Example Toddlers and infants do not seem to understand the risks that they are involved in on a daily basis (Sonna, 23). This warrants that those taking care of them need to be extra careful with them and the surroundings. Vigilant care is needed in order to ensure the overall safety of infants and toddlers. In this essay, attention will be focused on safety of toddlers and infants at home. It may be assumed by many that a toddler or an infant is at the safest place when at home (Carolyn et al, 317 – 332). The truth of this matter is that there are as many risks at home as there are anywhere else. At home, there are numerous risks that include serious injuries like falling or being hit against something causing injury, poisoning, burns and maltreatment, just to name but a few. There are various places that a toddler or an infant is unsafe (Sonna, 23). Places such as the bedroom, kitchen, living room and other common areas that a toddler can have access to can result to harm to the child. Another hazard that poses a threat to a toddler is choking. Toys that children are bought in order to keep them occupied and even obtainable and reachable items to the child are a risky. Parents and those taking care of children should ensure that they work on preventing the leading causes of harm to children like drowning, fires, falls and poisoning (Ahmann, 56). A toddler does not know that water can drown someone, nor do they know that a fire can bring burns and kill someone. It is the duty of parents and those concerned with taking care of toddlers and infants to ensure that such harm does not come to affect them. Poisoning can be in the form of medicine, like the prescriptions that are given to them. Taking care of a toddler requires one to be aware of what a toddler should take and what they should not take. Powerful medications may lead to unintended poisoning and such an accident should be prevented. Toddlers and infants should

Individual report Essay Example | Topics and Well Written Essays - 500 words - 3

Individual report - Essay Example The implication Brain in organization, Gareth Morgan metaphor â€Å"the brain† is very instrumental in highlighting the challenges we faced as an organization. The CEO as manger demonstrated the principal of the brain according Gareth Morgan. The CEO was more of a facilitator, practiced boundary management and more of orchestra1. The metaphor organisms, the organization as machine it visible under the specific goals and objectives. The organization in question has blue prints that specifically form the organizational chart and the team has specific assignments and goals to achieve hence, they are expected to act in a given manner2. The CEO is the coordinator of all the other group members that are assigned duties that rhyme with their experience3. An element of machine is evident in this case as there is the marketing and sales role, finical department and the design department. 1. SimVen virtual organization are an essential learning tool that portray the real business environment. The tool facilitated the CEO with an opportunity to coordinate the group well and make the right decisions that were vital at the right moment and time. SimVen virtual organization creates the different environments that are present in each organization. At one point in the project, the owner of the company was being underpaid. The fact above is evident even in real organizations. 2. The experience of using SimVen virtual organization has been very instrumental in molding the group o the real aspects of an organization. It is clear that when the CEO coordinates well the group in making decisions the results is success. As the brain, SimVen virtual organization tests all the real life aspects of an organization in real life. He should not be the ultimate designer and kill creativity in the organization. 3. Clearly, from SimVen virtual organization, as a group and at individual basis it is clear that the CEO is an important link in any organization. He is expected to be a

Financial Systems of Ghana and Nigeria

Financial Systems of Ghana and Nigeria Since the idea of Adam Smiths invincible hands also known as invincible hand of the market, the allocative power of the market has been generally recognised. These ideas have been reinforced by the apparent failure of Keynesian theories of government intervention to stand the test of time. As a result of the adoption of SAP (Structural Adjustment programme) by most developing countries including Ghana and Nigerian which are my main concentration, the debate of liberalization versus intervention has been rekindled. The major area of concentration is if these developing countries (Ghana and Nigeria) with imperfect markets have benefitted from recent liberalization efforts in the structural adjustment programme. Financial liberalization is usually an important component of a countrys strategy for economic growth. In an old fashion way, financial liberalization, has come to be most universally linked with freeing of interest rates, but now financial liberalization is seen as a process involving a much broader set of measures geared toward the elimination of various restrictions on the financial sector, such as the removal of portfolio restrictions on the banking sector, the reform of the external sector, and also changes in the workings of the monetary policy THE FINANCIAL SYSTEM OF GHANA AND NIGERIA. A key stylised fact about financial systems in developing countries is that they are dominated by commercial banks (Fry, I995, pp. 4-5; Rojas-Suairez and Weisbrod, I995, pp. 4) Ghana and Nigerias financial system consists of a large fragmented informal sector and formal sector. The formal sector is made up of central bank(Bank of Ghana and Central Bank of Nigeria) at the apex, with 42 commercial banks for both countries; Nigeria (26) and Ghana (16), development banks (Nigeria, (5), Ghana (3) , and merchant banks (30) Nigeria), (Ghana, (10), insurance companies, stock exchange, building society, community banks. The structure of Nigerias financial system will be explained below: Regulatory Authorities: they regulate the Nigerian financial system, and they include Central Bank of Nigeria (CBN), the Federal Ministry of Finance (FMF), Federal Mortgage Bank of Nigeria (FMBN Nigeria Deposit Insurance Corporation (NDIC), Securities and Exchange Commission (SEC),), and the National Board for Community Banks (NBCB, National Insurance Commission (NIC). These regulatory authorities will be explained in detail below. 1. Federal Ministry of Finance: the role of this regulatory authority is to advise the Federal Government on its fiscal operation and make sure it follows whatever the central bank of Nigeria says concerning the monetary matters of the country. 2. FEDERAL MORTGAGE BANK OF NIGERIA (FMBN) The role of the is to provide banking and advisory services, and also to undertake research activities pertaining to housing. After the adoption of the National Housing Policy in 1990, The FMBN is empowered to licence and control main mortgage institutions in Nigeria and act as the peak regulatory body for the mortgage finance industry. 3. The central bank of Nigeria The central bank of Nigeria has the same responsibilities as the bank of Ghana. It was established by the central bank of Nigeria act of 1958 and commenced operation on July 1, 1959. Their major regulatory objective is to issue legal tender to the economy, banker of last resort, financial adviser to the government, enhance monetary stability and a good financial environment which will be of benefit to the country in the short and long run. the central bank of Nigerias success is partly as a result of the rise in crude oil prices. 4. The Nigerian Deposit Insurance Corporation: Its role is to complement the supervisory and regulatory role of central bank of Nigeria (CBN). It has the right to examine the books and affairs of the insured banks in Nigeria and other deposit taking financial institutions. ORIGIN OF FINANCIAL LIBERALIZATION IN NIGERIA Nigerias economy has always been dependent on oil prices since the early 1960s. As a result of the collapse of world oil prices and the reduction in the production of petroleum in the early 1980s, the nature of the countrys economic and financial position became very weak and vulnerable. This led to recession and economic deterioration. The economy was characterised by shortages in its foreign exchange, debt crises, negative economic growth and high rates of unemployment, Indeed, beginning from 1982, and through 1984, the country had become saddled with negative trends in economic growth as indicated by the decline in the gross domestic product (GDP) (0.35% in 1982; -5.37% in 1983; and -5.18% in 1984), persistent current account and budget deficits, a huge number of uncpmleted projects in the public sector, factory closures, large-scale retrenchment, acute shortages of essential commodities and galloping inflation, (Odusola,2001,p4). The government decided to carry out some short run stabilization measures, one of which was to foster employment through the creation of public sector jobs, this exerted more pressure on the budget, not withstanding that, public sector employment grew by a further 18 per cent between 1981and 1984. This policy promoted migration into cities, as the increases in government salaries during this period compared to that of the rural areas was more favourably. Urban migration and its attendant unemployment problems became even more pronounced in 1981 when the Government increased the minimum wage rate to the entry level salary of public sector employees. Urban unemployment increased significantly, from 2 ½ per cent in 1980 to 10 per cent in 1985, while rural unemployment rose from 4 per cent to 6 per cent over the same period. Real per capital income fell significantly as well, from US$1,010 in 1981 to US$850 in 1985 (Odusola, 2001, Pp4). Nigeria financial sector was characterised by rigid exchange and interest rate controls, sart orial allocation of bank credit (Okpara, 2010, P54), the naira was overvalued, all of which made the economy more exposed to risk of default and practically led to distortions that resulted into low direct investment, which in turn led to financial repression. it will be discussed more in-depth below. Financial repression discouraged investment in information capital; it also discouraged savings mobilization, in the sense that it was not vigorously pursued. The financial system incurred a lot of cost in financial intermediation, and it was as a result of inactive liquidity and liability management and incentives to increase efficiency. Not only was Nigeria the only country going through this problem of financial repression, much of the twentieth century saw intensified financial repression (Caprio et al, 2001 p5), for example, Ecuador, Uruguay, Mexico, Ghana, Malawi, Tanzania etc, all had the problem of financial repression in their economy. As a result of the financial repression i n the economy, the government decided to adopt a financial sector reform to help increase the countries economy. The programme they adopted was called Structural adjustment programme (SAP). STRCTURAL ADJUSTMENT PROGRAMME IN GHANA AND NIGERIA. The Ghanaian economy also went through the same problems as the Nigerian economy during the early 1980s. They had similar problems as the Nigerian economy; which include, high default rates, high rates of inflation, weakened confidence in the financial system. These affected the ability of the banks to perform their intermediation function properly (Acquaye and Sowa, 1999, p395). The major objectives of this SAP were, among others, to: Restructure the economy in a way to reduce its dependence on oil as its main source of income. Revitalise the financial sector by creating new institutions Reduce fisal balance of payment problems Promote non-inflationary economic growth. The key policies designed to achieve these objective were: The liberalization of the external trade and payments system-dismantling of price, trade and exchange controls; Implementation of methods to encourage domestic production and expand the supply base of the economy; The setting up of a Second-Tier Foreign Exchange Market (SFEM) as a mechanism of realistic exchange rate. The rationalization and restructuring of public sector enterprises and overhauling of the public sector administrative structure. Reinforcement of important and strong demand management policies; More rationalisation and restructuring of tariffs in order to aid industrial diversification; The elimination of price controls and commodity boards; The key reforms that have already been implemented as part of the financial liberalization policies include; Changing of the concept of a credit ceiling with OMO(Open market operation) Promoting competition and efficiency in the financial system Liberalizing interest rate, exchange rate, but in general the financial sector. The financial sector reforms were thrown into crisis by the sequencing of reform measures and the lack of the necessary prerequisites for liberalization. Particularly, the deregulation of interest rate and the requirements for market entry led to the instability of the financial system. A series of corrective measures had to be adopted, raising questions of policy credibility (Aiyeetey et al, 1997, P196). THE STRUCTURAL ADJUSTMENT PROGRAMME: THEORETICAL BASIS Virtually every sub Saharan African country including Nigeria and Ghana experienced major changes in the overall direction of the national economic policy in the early 1980s. These policy reforms were implemented as an integral part of the structural adjustment programmes (SAP) prescribed by the World Bank and the stabilization programme of the international monetary fund (IMF) (Olasupo, 2005, p 7). The structural adjustment programme had a lot of objectives, but the major objective of this reform programme was to correct the alleged distortions which made sustained economic growth and recovery in the economies difficult. Notwithstanding the general decision of the countries to undertake the adjustment programme, there has since the start of the 1990 decade, been wide ranging argument surrounding the theoretical paradigm underlying the SAP and their suitability to African countries. The first which is the unrequited orthodoxy; it emphasizes how well the adjusters have done in compari son to non adjusters. According to this perspective, the regime of restricted inward looking policies resulted in over protected industrial structure, balance of payment problems (Olasupo 2005, p10). They also contend that development problems will be solved by more adjustment not less, with this they concluded that sub- Saharan African countries experienced poor macroeconomic growth and performance relative to their South East Asian counterparts, because economies in the former were exposed to long term government intervention and restrictive macroeconomic and sectorial polices. The modified orthodoxy sees adjustment programmes in an economy as a necessary but not sufficient condition for development, because adjustment is only capable of stabilizing economies in the short term. This orthodoxy believes that other measures must be put in place for African development to occur in the medium and long term. A strong proponent of this approach puts it, the most significant shortcoming o f current structural adjustment programs is the lack of logical linkage between the short-term objectives of attaining balance-of-payments equilibrium and improving allocative efficiency and the long-term objective of sustainable development Nguyuru Lipumba, (p. 9) FINANCIAL LIBERALIZATION AND REPRESSION. Financial liberalization is the process of breaking away from a state of financial repression. Financial repression has been most commonly associated with government fixing of interest rates and its adverse consequences on the financial sector as well as on the economy. The term financial repression was originally coined by economists interested in less developed countries (LDCs) Gupta, 2004, Pp2. It originated in the works of Ronald I. McKinnon and Edward S. Shaw in the early 1970s, to describe a developing countrys environment, defining it as the set of government legal restrictions preventing the financial intermediaries in the economy from functioning at their full capacity level. The most common forms that this intervention takes are interest rate regulations, directed credit schemes, and high reserve ratios. The literature on financial repression stresses that because savings levels are sensitive to real interest rate, nominal interest rate controls; cumulative inflation reduces the amount of the national income. The benefits of financial repression, as opposed to financial liberalization, are debated on several points Ozdemir Erbil, (2008). In theory, it is believed that financial repression can make it better to control money supply in an economy and also control over interest rate which will induce investment. Another argument in favour of financial repression is that government controls on financial markets are needed for developing countries. In practice, financial repression appears to have yielded government revenue in the order of 2 % of GDP on average in samples of developing countries (Giovannini and de Melo, I 993; Fry et al. I 996, p. 36). The main conviction of the advocates for financial repression is that the government knows better than the market. The repression mechanism works through the interest rate and the exchange rates. Therefore moving from financial repression to financial liberalization would require extra budgetary measures and could create budgetary problems, Like in the case of Nigeria in the early 1980s when the government seeked to reduce unemployment in the urban areas and the outcome of this decision exerted more pressure on the budget. Financial liberalization may increase the fiscal deficit and the cost to finance, as the government loses revenues and is forced to pay more market-based interest rates on its existing debt. On the other hand, the most popular argument which favours financial liberalization is the rising growth effect by motivating savings and investment. Financial liberalization may increase the level of savings and improve the allocation of savings among potential investors. This will lead to the creation of more available funds and hence economic growth. Financial liberalization may decrease the cost of capital, but on the other hand, movements which cause the crises and macroeconomic instability may have a negative impact on economic growth Ozdemir and Erbil (2008). This debate highlights the need for further sound empirical evidence on the benefits of financial liberalization on economic growth, especially for small open economies of developing countries. FINANCIAL LIBERALIZATION AND SAVINGS The advocates of financial liberalization do not seek to induce savings, but to promote and increase the volume and efficiency of capital formation. While financial reform can affect saving through various potential channels, on the whole its net effect is ambiguous.( Schmidt- Hebbel and Serven,2002, p2). Moreover saving is often considered beneficial for its financial dimensions. In open economies, raising national saving is a way to reduce the dependence on foreign saving, protecting the economy from external shocks. This is an important policy concern in a world of increasing financial integration. Together with a strong and well-capitalized financial system, saving represents a form of self -insurance to reduce the economys vulnerability to unexpected reversals of international capital flows. In this manner, saving can help reduce macroeconomic volatility, which empirically has been shown to hamper growth (Ramey and Ramey 1995; Fatà ¡s 2000). Various researchers have shown some empirical evidence that although financial liberalization results in higher interest rate and financial deepening , it does not really lead to higher savings. In majority of countries, financial reforms are followed by declines in savings (Okereke,2009). Bandiera et al (2000) estimated an econometric relationship Showing the private saving ratio as a function of the real interest rate and degree of openness as an index for financial liberalization, along with income, inflation and public savings. analyze the experience of eight countries that underwent significant reforms in their financial systems, namely Chile, Ghana, Indonesia, Korea, Malaysia, Mexico, Turkey and Zimbabwe. Foe this countries they measured the effect of liberalization on the volume of aggregate savings, their results Their results do not provide a clear answer on the impact of reforms on saving, as the effect appears significantly negative in some cases (Korea and Mexico), positive in some others (Greece and Turkey) and insignificant in the Indonesia, Malaysia, Zimbabwe, and Ghana. In a study similar to theirs i.e.(Bandiera et al), Loayza and Shanka(2000), used India as their country of observation, and the savings rate from India and found out that financial reform has not changed the savings rate, but moved the composition of savings in India towards a higher share of durable goods. Ostry and levey(1995), in their findings maintained that financial development as a result of liberalization reduced savings. Bennett et al(2001), in their work, also found a negative significant effect on savings. CONSEQUENCES OF FINANCIAL LIBERALIZATION Policies that make an economy open to the rest of the world and they are needed for sustained economic growth. No country has achieved economic success, in terms of substantial increases in living standards for its people, without being open to rest of the world. Trade opening has been an important element in the economic success of East Asia, where the average import tariff has fallen from 30 percent to 10% over the past 20 years. Opening up economies to global economy has been essential in enabling many developing countries to develop competitive advantages in different sectors of their economy. Countries that have opened their economies in recent years, foe example India in 1991, have experienced faster growth rate and more poverty reduction, a proof is that following the economic reforms, the country began to develop a fast paced economic growth. India is the eleventh largest economy in the world There are some negative effects experienced by countries or the world in general in terms of their reform policies that has outweighs the benefits of such reforms, this statement can be applied to the effects of financial liberalization despite its benefits in terms of access to more capital inflows. Financial liberalization creates exposure to various kinds of risk and they include; a propensity to lead to financial internal and external financial crises, inadequate access to funds for small scale producers etc. Many researchers have carried out empirical studies on financial liberalization on financial fragility of the economy, and their conclusion is that liberalization increases the fragility of the financial system. According to (Demirguc-kunt detragiache), one of the reason why financial liberalization may lead to increased financial sector fragility is that the removal of interest rate ceilings and also the reduction of barriers to entry reduces bark franchise values, thus exacerbating moral hazards problems. The moral hazards problem is a special case of information asymmetry, a situation in which one party in a transaction has more information than another. Normally banks try to protect their franchise, and the risk of losing their franchise, but during a period of policy reform such as financial liberalization, where there is free entry in to the market or financial sector, so as a result of that there is more competition, this erodes franchise values. If the effort of reform does not incorporate adequate strengthening of the prudential regulations and supervision to realign incentives, lower franchise values are likely to lead to increased fragility (Stiglitz et al (2001) Tornell et al (2003), in their studies, they said that financial liberalization is bad for growth because it leads to crises. Their empirical analysis shows that in countries with harsh credit market imperfections, financial liberalization leads to a more rapid growth but also a more higher incidence of crises. They also argued that liberalization leads to faster growth because it eases financial constraints, but on one condition that this occurs if agents which are the government, investors and creditors take on credit risk which makes the economy fragile and prone to crisis.

Major Market Structures Essays -- Economics

During the initial phase of starting up a business, there are many factors to weigh in. If you desire a particular kind of lifestyle, then one of the major factors to consider is what kind of market you would like to be in. There are four major market structures, perfect competition, monopolistic competition, oligopoly, and monopoly. All of these markets have positive and negative attributes, including but not limited to, barriers to entry, how many sellers are in a particular market, and the stress of running a business while keeping a keen eye on product pricing. Many entrepreneurs may not want to agonize over anything at all, and participate in a perfect competition market where they know exactly what the prices are and what they expect to make at all times. Then there are some investors that enjoy the competition and would rather be in a monopolistic competition market. However, it’s no secret that the majority of the public, if given the absolute choice, would choos e to be in a monopoly. This kind of market of course, is very hard to acquire, so a very fine choice would be an oligopoly. Both a monopoly and an oligopoly are at the top of the list as far as profit is concerned. No matter which market one chooses to participate in, they all have similar goals, and that is to minimize costs and maximize profits. In a monopoly, there is only vendor with a product or service, meaning there are no close substitutes, so there is no competition to be concerned about and the barrier for others to enter is virtually inaccessible. One may have an exceptionally large control on the market, and can also dictate it as much as they would like, other than being limited by market demand, depending on the elasticity of one’s product... ...& 211†. Mason, OH. : CENGAGE Learning. Bade, Robin; Michael Parkin (2001). â€Å"Foundations of Microeconomics†. Boston, Massachusetts. : Addison-Wesley. Colander, David (2008). â€Å"Microeconomics, 7th Edition†. New York, NY. : McGraw-Hill Paperback. Eaton, B. Curtis; Eaton, Diane F.; and Douglas W. Allen (2002). â€Å"Microeconomics, 5th Edition†. Saddle River, NJ. : Prentice Hall. Frank, Robert A. (2006). â€Å"Microeconomics and Behavior, 6th Edition†. New York, NY : McGraw-Hill/Irwin. Mankiw, N. Gregory. (2000). â€Å"Principles of Microeconomics, 2nd Edition†. Oklahoma City, OK. : South-Western Pub. Pindyck, Robert S.; and Daniel L. Rubinfeld. (2008). â€Å"Microeconomics, 7th Edition†. Saddle River, NJ. : Prentice Hall. Ruffin, Roy J.; and Paul R. Gregory. (2000). â€Å"Principles of Microeconomics, 7th Edition†. Boston, Massachusetts. : Addison-Wesley.

The Role Of Protein Misfolding And Aggregation In BSE

When a protein misfolds it changes its behavior and function. If it becomes hydrophobic after once being polar. The properties and functionality of the protein are no longer useful to the organism and disaster results. PrPSc is hydrophobic, it avoids water inside of the cell†¦it attracts and attaches other proteins to misfolds and become hydrophobic †¦Misfolding spreads because the PrPSc act as chaperone proteins to convert PrPc TO PrPSc and cannot be converted back to PrPc.The normal homeostasis would be reached and health regained by PROTAEOSOMES (protein destroyers) eating the corrupt PrPSc proteins BUT.. These are not recognized by the proteasomes and so are not destroyed. They keep multiplying and they clump together and aggregate inside the cell and the cell stops doing its normal work and eventually it dies. Prion – Wikipedia, the free encyclopedia. (n. d. ). Retrieved November 23, 2013, from http://en. wikipedia. org/wiki/PrPSc How enzymes work Enzymes are co mplex protiens whose main function is to reduce or speed up the energy required for a reaction to occur.This happens thru the enzymes ability to break or form a bond within a substance that results in 1 or 2 new substances without changing the protein configuration of the enzyme itself – this keeps the enzyme available to continue its work. The area on the enzyme where the work takes place is called the active site. The specific molecule that becomes transformed is called a substrate.It seems to me that enzymes with the suffixes dehydrogenase break up substances and sythetase combine substances to make new products. Anaerobic Glycolysis occurs when there is continuing muscle activity. This produces some ATP for continued muscle work but not a whole lot. Lactic acid builds and eventually the muscles get fatigued and activity must stop. The blood then diffuses this lactate to the liver where it is converted back to glucose and enters into the citric acid cycle and more ATP is c reated.If a certain enzyme were to be lacking in the citric acid cycle if would grind it to a halt, ATP enery would not be produced and cell death would occur is one of the assisting molecules that help the electrons cross the intercellular membrane of the mitochondria. The electrons are then passed from enzyme to enzyme in the inner membrane of the mitochondrion, in an energy gradient and they lose some of their energy at each step. This transfer which causes in a high concentration of H+ protons is what results in the phosphorylation of ADP to ATP (and energy).The final transfer involves the combining of electrons and H2 atoms with oxygen. This forms water. The molecules that take part in the transport of these electrons are referred to as the electron transport chain. Oxaloacetate is the first substrate to bind to the enzyme. This induces the enzyme to change its conformation, and creates a binding site for the acetyl-CoA. Only when this citroyl-CoA has formed will another confor mational change cause thioester hydrolysis and release coenzyme A. This ensures that the energy released from the thioester bond cleavage will drive the condensation. Oxaloacetate will be regenerated after the completion

Napoleons Egyptian Campaign

Napoleons Egyptian Campaign In 1798 the French Revolutionary War in Europe reached a temporary pause, with the forces of revolutionary France and their enemies at peace. Only Britain remained at war. The French were still looking to secure their position, wished to knock out Britain out. However, despite Napoleon Bonaparte, the hero of Italy, being assigned a command to prepare for an invasion of Britain, it was clear to all that such an adventure would never succeed: Britain’s Royal Navy was too strong to allow for a workable beachhead. Napoleon’s Dream Napoleon had long harbored dreams of fighting in the Middle East and Asia, and he formulated a plan to strike back by attacking Egypt. A conquest here would secure the French hold on the Eastern Mediterranean, and to Napoleon’s mind open up a route to attack Britain in India. The Directory, the five-man body which ruled France, where equally keen to see Napoleon try his luck in Egypt because it would keep him away from usurping them, and give his troops something to do outside France. There was also the small chance he’d repeat the miracles of Italy. Consequently, Napoleon, a fleet and an army sailed from Toulon in May; he had over 250 transports and 13 ‘ships of the line’. After capturing Malta while on the way, 40,000 French landed in Egypt on July 1st. They captured Alexandria and marched on Cairo. Egypt was notionally part of the Ottoman Empire, but it was under the practical control of the Mameluke military. Napoleon’s force had more than just troops. He had brought with him an army of civilian scientists who were to create the Institute of Egypt in Cairo, to both learn from the east, and begin to ‘civilize’ it. For some historians, the science of Egyptology began seriously with the invasion. Napoleon claimed he was there to defend Islam and Egyptian interests, but he wasn’t believed and rebellions began.​ Battles in the East Egypt might not be controlled by the British, but the Mameluke rulers were no happier to see Napoleon. An Egyptian army marched to meet the French, clashing at the Battle of the Pyramids on July 21st. A struggle of military eras, it was a clear victory for Napoleon, and Cairo was occupied. A new government was installed by Napoleon, ending ‘feudalism’, serfdom, and importing French structures. However, Napoleon could not command at sea, and on August 1st the Battle of the Nile was fought. British naval commander Nelson had been sent to stop Napoleon landing and had missed him while resupplying, but finally found the French fleet and took the chance to attack while it was docked in Aboukir Bay to take on supplies, gaining further surprise by attacking in the evening, on into night, and early in the morning: only two ships of the line escaped (they were later sunk), and Napoleon’s supply line had ceased to exist. At the Nile Nelson destroyed eleven ships of the line, which amounted to a sixth of those in the French navy, including some very new and large craft. It would take years to replace them and this was the pivotal battle of the campaign. Napoleon’s position suddenly weakened, the rebels he had encouraged turned against him. Acerra and Meyer have argued this was the defining battle of the Napoleonic Wars, which hadn’t yet begun. Napoleon couldn’t even take his army back to France and, with enemy forces forming up, Napoleon marched into Syria with a small army. The aim was to prise the Ottoman Empire apart from their alliance with Britain. After taking Jaffa – where three thousand prisoners were executed - he besieged Acre, but this held out, despite the defeat of a relief army sent by the Ottomans. Plague ravaged the French and Napoleon was forced back to Egypt. He nearly suffered a setback when Ottoman forces using British and Russian ships landed 20,000 people at Aboukir, but he moved quickly to attack before the cavalry, artillery, and elites had been landed and routed them. Napoleon Leaves Napoleon now took a decision which has damned him in the eyes of many critics: realising the political situation in France was ripe for change, both for him and against him, and believing only he could save the situation, save his position, and take command of the whole country, Napoleon left – some might prefer abandoned – his army and returned to France in a ship which had to evade the British. He was soon to seize power in a coup d’etat. Post-Napoleon: French Defeat General Kleber was left to manage the French army, and he signed the Convention of El Arish with the Ottomans. This should have allowed him to pull the French army back to France, but the British refused, so Kleber attacked and retook Cairo. He was assassinated a few weeks later. The British now decided to send troops, and a force under Abercromby landed at Aboukir. The British and French fought soon after at Alexandria, and while Abercromby was killed the French were beaten, forced away from Cairo, and into surrender. Another invading British force was being organized in India to attack through the Red Sea. The British now allowed the French force to return to France and prisoners held by Britain were returned after a deal in 1802. Napoleon’s oriental dreams were over.

Social Studies Research Project Topics

Social Studies Research Project Topics Social Studies is the study of human beings as they relate to each other and their environments. If you enjoy exploring people, their cultures, and behavior, you should enjoy social studies. There are many disciplines that fit under the umbrella of the social sciences, so you can narrow the field to one that most interests you as you select a research topic. History Topics You might think of history as a branch of study that falls outside the realm of social studies. Not so. In every era of human existence, people had to relate to each other. For example, after World War II, there was great pressure for women to leave the workforce- they had been the backbone of the defense industry, filling vital jobs while men were overseas fighting the Japanese and the Nazis- yet they have shunted aside when the men returned. This created a great shift in the social dynamic in the U.S. Other historical themes offer rich areas for social studies research ranging from inventions that changed the nature of schoolwork to the impact U.S. presidents had when visiting a small town. Local architecture greatly influenced who people interacted with throughout history and even things as seemingly innocuous as the introduction of silverware impacted social norms and etiquette at the nightly dinner table. Diets of Civil War Soldiers and NutritionWWII Women Who Worked and Returned to HomemakingConfederate Symbols and Race in My TownInventions That Changed School WorkMidwives and Birth RatesLocal Architecture PatternsVanity in the Nineteenth CenturyVietnam War and GrandmaCountry Doctors RecordsThe Impact of a Presidents VisitWhen Silverware Came to TownCoal Camps in Local HistoryThe Household Impact of the Discovery of Germs Economics Topics Economics- a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services, as Merriam-Webster notes- is, by definition, a social science. Job growth and loss- both nationally and locally- affect not just how people vote but how they relate to each other. Globalization  is a hot topic that often brings people of opposing views into heated arguments and even physical confrontations. International treaties- particularly those focusing on trade- can inflame passions in the electorate overall, in small communities and even among individuals. Do Attractive People Make More Money?What Political Party Creates Job Growth?Is Globalization  Good or Bad?International Treaties - Good or BadHow Does the IMF Work? Political Science Topics Race and politics are obvious areas for sociological study, but so is the fairness of the Electoral College. Many groups nationwide are firm believers in conspiracy theories, which have spawned entire groups devoted to the study and discussion of these topics. Is the Media Really Biased?How Do Polls Work?How Does Fact Checking Work?Race and PoliticsIs the Electoral College Fair?Political Systems ComparedWhat Is the New World Order?Conspiracy Theories Sociology Topics The umbrella topic of sociology can cover everything from marriage customs- including same-sex marriage- to the ethics involved in adopting children from Third World countries. The debate over private-versus-public schools- and the funding that goes with it- is a topic that stirs strong passions and discussions among advocates on each side. And, the ever-present specter of racism is a vexing problem that continues to plague our society. Federal v. State PowerFood RegulationWhat Opportunities Are Available to Specific Minority Groups?Good and Bad Role ModelsReligion and PoliticsBuilding in Flood ZonesMarriage Customs ExaminedSame-Sex MarriageIs It Ethical to Adopt Children  from Third World Countries?Population Control Around the WorldEducation: Private or Government SystemsWill Racism Ever Die?The Roots of Regional Customs in AmericaHow the Internet Affects Our Perception of Truth Psychology Topics Psychology- the study of the mind and behavior- goes to the very heart of what makes human beings tick as well as how they relate to each other, a prime topic for sociological study and research. Everything from local traffic patterns, politics emanating from the pulpit and the impact of Walmart on local communities influences how people think, congregate and form friendships and groups- all issues that make the following list perfect for sociology research paper ideas. The Impact of River Traffic (on your hometown)Where Do Our Apples Come From?Could We Survive on Garden Foods Today?Using a Local CurrencyHow Clothing Prices Affect Teenager ImageDoes Walmart Help or Hurt Local Economy?Voting Habits: Grandmothers and MothersAre We Born Liberal or Conservative?Political Messages from My PreacherTelevision and Test ScoresTechnology and Fitness Among KidsTV Commercials and Self ImageWii Games and Family TimeSuperstitions and Family TraditionsBirth Order and Test ScoresA Secret Poll: Who Do You Hate?Do Unusual Names Affect Grades?Does Home Punishment Policy Affect School Performance?Local Vocabulary PatternsWhy Do We Make Friends?Are Girls Teams as Competitive as Boys Teams?Snow Days: Cold States, Warm States, and Family BondingAnatomy of a Small Town ParadePatterns of Lunchroom SeatingBullying Yesterday and TodayDoes Movie Violence Impact Behavior?Facebook and Family CommunicationWhat Would You Change About Your Body?Procrastination and TechnologyWhy Kid s Tell Lies Clothing and Attitudes: Do Shopkeepers Treat Me Differently If I Dress Differently?Does Citizen Status Affect Students Self-Esteem?Are You Vulnerable to a Cult?How Do Cults Work?

War as a Strategic Tool of Policy - To what extent did the outcome of Essay - 1

War as a Strategic Tool of Policy - To what extent did the outcome of the 1973 Arab-Israeli war serve the political objectives o - Essay Example The main reason behind this is the fact that politicians opt not to be too specific as they worry that if there is failure for the objectives to be attained, foreign leaders and local opponents will regard the entire exercise as a failure. Due to this, rather than being defined as measurable objectives, foreign policy objectives are defined in terms of goals or aims. Unclear and ambiguous political strategic objectives are of little or no use to operational planners.3 In terms of expression, political strategic objectives can be articulated in broad or narrow terms. Broadly articulated political objectives are most of the time applied in situations that do not involve vital national interests. Through this, it becomes easier for the political leadership to admit to a compromise without losing international reputation or domestic support. Narrowly articulated political strategic objectives on the other hand need to be comprehensively accomplished, or then the political and additional costs for the political leadership might be exorbitant. Vego asserts that â€Å"yet, in a situation where vital national interests are at stake, there is usually no choice but to fight to the finish†.4 During the 1973 Arab-Israeli war, Syria, Egypt, Israel, Palestine, Saudi Arabia and the United States, who were the principal participants in the war, had various individual political objectives. The objective of Syria and Egypt were to recover their occupied territories, which were the Sinai Peninsula and the Golan Heights region respectively. Although it did not initiate the war, Israel had the objective of preserving its national security, which was made possible by occupying the Golan Heights and Sinai Peninsula. Maintaining control of the Tiran Straits located at the Sinai region was also crucial for Israel’s economic dominance. Palestine wanted to regain its territories from the Israel Jewish majority, who had for a long time prospered, as the Palestinian minority continued to suffer, with some of them living as refugees. Saudi Arabia had the objective of defending the union of the coalition among Cairo, Damascus and Riyadh; it therefore used the oil embargo as its political instrument during the 1973 Arab-Israeli war. Through this, Saudi Arabia could pressure Israel and the west to reach a fair agreement regarding the Palestinian issue. It could also be able to restrain the United States military support to Israel, as well as balance Israel’s military dominance. The United States was also involved in this war as it came in as an assistant to Israel. Its main political objectives were to; bring about a general extinction of the Soviet Union as a superpower in the Middle East and take its position; gain a political settlement with the ability to bring about a transformation in the Arab-Israeli conflict, which would change the conflict to a small territorial one and remove it from its ideological

American government Essay Example | Topics and Well Written Essays - 500 words

American government - Essay Example Gerston (2004) notes that the public agenda changes as public priorities and values shift hence policy making is a continuous process. It involves identification of issues, policy formulation, implementation, evaluation and termination. Problem Identification Problems are identified through various ways. Organized interests play a major role in identifying problems. They act as source of information for formulation and advocacy of policy ideas (Gerston, 2004). The labor movements and unions are instrumental in helping to identify workers plight. They highlight the workers problems such as poor working conditions, unfair wages, basic work safety and fight against child labor. They influence the workers to strike hence making their problems known to the policy makers. The United Mine Workers of America (UMWA) managed to establish collective bargaining in American industries in the 20th century. Gershon (2004) acknowledges the fact that triggering mechanisms are the starting point for p ublic policy questions. These mechanisms are unpredictable and impact on peoples lives. For example the current welfare system of America was prompted by the great depression which left millions of people unemployed and without a source of income thereby prompting the president Roosevelt to declare entitlement to government assistance for those affected.