Corporate Tax Evasion Essay example - 690 Words

Corporate Tax Evasion A growing trend in our society today is corporate tax evasion. It has become increasing more common for corporations to pay no or little income tax, and in some cases actually receive money back from the government. It is illegal and therefore deviant by that definition. Corporate tax evasion (using borderline legal means) is widespread. White-collar crime is a term that is usually applied to crimes associated with business that do not involve violence or bodily injury to another person. Corporate tax evasion falls into the category of white collar crime. There are 3 types of corporate income taxes as follows: National 30% of taxable income, Local 20.7% of National Tax, and Enterprise 10.08% of†¦show more content†¦Shelters reduce the corporate tax base and thus raise the burden on other taxpayers. Shelters undermine the vitality of our voluntary tax system. Companies feel obliged to follow the lead of competitors who abuse the tax code in a race to the bottom. The New York State Bar recently highlighted the corrosive effect of shelters, stating: The constant promotion of these frequently artificial transactions breeds significant disrespect for the tax system, encouraging responsible corporate taxpayers to follow the lead of other taxpayers who have engaged in tax advantaged transactions. And shelters divert resources from productive investment in the real economy. As a former tax official, now a leading member of a well-known law firm has said, You cant underestimate how many of Americas greatest minds are being devoted to what economists would all say is totally useless economic activity. These evasion shelters include; Lease-In Lease-Out (LILO) shelters whereby companies attempted to avoid tax through circular transactions. In one extreme case, a company leased a town hall from a Swiss municipality and leased it back the same day. This measure saved the corporation $10.2Show MoreRelatedWhy Corporations Are Avoiding Pa ying Millions On The Government Of The United States And Other Countries975 Words   |  4 Pagesavoiding paying taxes to the government of the United States and other countries. This tax avoidance costs the governments of various countries millions, if not billions of dollars in tax revenue every year. The government needs to stop the manipulation of tax loopholes by US corporations who are avoiding paying millions of dollars in taxes each year and eliminate the tax havens and loopholes once and for all. Tax loopholes need to be eliminated because multinational corporations avoid paying billionsRead MoreThe Relationship Between Tax Avoidance And Corporate Social Responsibility1507 Words   |  7 Pagesrelationship of tax avoidance with the corporate social responsibility (CSR) that companies undertake the responsibility for social welfare and development (Matten and Moon, 2008), and ethical behaviour of companies, which can be defined as govern the actions of an individual in the business organizations under contemporary standards (Ferrell and Gresham, 1985). Tax avoidance, which refers to companies use suitable methods to reduce the amount of tax within the law is different with tax evasion, which illegallyRead MoreThe Relationship Of Tax Avoidance With Corporate Social Responsibility1468 Words   |  6 Pagesthat the relationship of tax avoidance with corporate social responsibility (CSR) and ethical behaviour of companies. Specifically, corporate social responsibility can be de fined as companies undertake the responsibility for social welfare and development (Matten and Moon, 2008). For ethical behaviour, it is referred to govern the actions of individuals and organizations in the business under contemporary standards (Epstein, 1987). Moreover, this is the difference between tax avoidance, which companiesRead MoreTax Avoidance2170 Words   |  9 Pagesdistinction between tax avoidance and tax evasion from academic publications. Tax books have defined tax avoidance as â€Å"the lawful minimization of tax liability through sound financial planning techniques, while tax evasion is the â€Å"unlawful attempt to minimize tax liability through fraudulent techniques to circumvent or frustrate tax laws†. The consequences of either action are also clear. The former is not punishable by law while the latter is. However, the lines between evasion and avoidance haveRead MoreThe Relationship Of Tax Avoidance With Corporate Social Responsibility1498 Words    |  6 Pageson the relationship of tax avoidance with corporate social responsibility (CSR) and ethical behaviour of companies. Specifically, corporate social responsibility can be defined as companies undertake the responsibility for social welfare and development (Matten and Moon, 2008). For ethical behaviour, it is referred to govern the actions of individuals and organizations in the business under contemporary standards (Epstein, 1998). Moreover, this is the difference between tax avoidance, which companiesRead MoreBlack Money1302 Words   |  6 Pagesand need to tackle the black money menace, and other related aspects    What does the term Black Money mean? Black money means,the money or income not declared for tax to the govt or relevant authorities, and hence the tax for which is not paid to the government. Thus, in simple words -black money is income on which tax is not paid and deliberately evaded.How black money is generated? Let us take the following two cases for example. 1. A person purchases a property or residential house.Read MoreThe Relationship Of Tax Avoidance With Corporate Social Responsibility1504 Words   |  7 Pageson the relationship of tax avoidance with corporate social responsibility (CSR) and ethical behaviour of companies. Specifically, corporate social responsibility can be defined as companies undertake the responsibility for social welfare and development (Matten and Moon, 2008). For ethical behaviour, it is referred to govern the actions of individuals and organizations in the business under contemporary standards (Epstein, 1998). Moreover, this is the difference between tax avoidance, which companiesRead MoreTax Havens And Its Effects On America1322 Words   |  6 PagesIn addition to allowing corporations to store billions of untaxed dollars, tax havens are also used to support dictators and undemocratic societies. All dictators like Muammar Gaddafi have had billions of dollars stashed in tax havens all around the world. â⠂¬Å"Tax havens are also used as the principal route through which laundered money escapes developing countries.† (Palan) The reason tax havens exist, is for the same reason why they existed 50 years ago; to attract money and investments from aroundRead MoreA Brief Note On Tax Policy Center ( 2016 )1418 Words   |  6 PagesAccording to Tax Policy Center (2016), the income taxes from corporation and individuals have been the largest tax revenue resources in UK for past 50 years. Although zero or extremely low income taxes are applied in the tax haven countries to non-resident individuals and companies, the reason behind that the tax haven countries can be still beneficial is in increasing inward foreign investment. According to Dharmapala and Hines (2009) and Mara (2015), the host country can attract significantly greaterRead MoreCorporate Tax Case Study754 Words   |  4 Pagesthe corporate tax rate in the United States? Yes argument. It is an undisputed fact that the United States has one of the highest corporate tax rates of Organization of Economic Cooperation and Development (OECD) countries. As a result many American multinationals resort to tax inversions or other methods to try to reduce their tax rate. Consider Apple, which has funnelled profits through Ireland for years rather than repatriate those profits to the United States and pay America’s corporate tax

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Relationship Measures Of Attachment Security And Parental...

The current study investigated the relationship measures of attachment security, parental sensitivity, emotional availability, and child attachment classifications in high-risk parent-child dyads. The first hypothesis was only partially supported, all home- and lab-based measures were positively related but were not all significant. Consistent with past research, home-based measures of attachment security and parental sensitivity were strongly positively related, which adds to the literature supporting the validity of the AQS and MBQS-mini (Tarabulsy, et al., 2009). Moreover, these findings were anticipated as the two measures are complementary and can be assessed using the same parent-child observations. Parental sensitivity was related to all EA dimensions. In contrast, attachment security was not related to any dimensions of EA, except the dimension of adult structuring. The latter findings failed to replicate results in past research which linked measures of attachment security t o dimensions of EA (Biringen et al., 2014). Childhood attachment classifications obtained through the Strange Situation Procedure (SSP) were also examined in this study. Disorganized attachment has shown to be the most detrimental on children. Given the high risk sample, the current study had an even split of secure and disorganized children. These results have been replicated in the past by Easterbrooks, Biesecker, and Lyons-Ruth (2000) with low-income high psychosocial risk families. TheShow MoreRelatedParent Child s At Risk For Relationship Difficulties920 Words   |  4 Pagesfor relationship difficulties. There are three main objectives to this study. The first objective it to relate different indices of parent-child relationships such as: attachment security, parental sensitivity and emotional availability, to assess their relationship quality. It is hypothesized that there will be a relationship between all indices. The second object will attempt to add to the incremental validity of the emotional availability (EA) scales while relating it to early attachment representationsRead MoreFactors That Influence Attachment Between Foster Children And Their Caregivers1161 Words   |  5 Pagesthat influence attachment between foster children and their caregivers. This study contained a sample size of 61 children that ranged in age from two years old to seven years old. Some measures of this study are children that internalize and externalize their behavioral problems and the symptoms that relate to attachment disorder. The hypotheses of this study are that inhibited and disinhibited subtype of reactive attachment disorder have not association with a parents sensitivity, meanwhile anotherRead MoreThe Importance Of Secure Attachment Bonds On Childhood And Their Impact On Social900 Words   |  4 Pagessecure attachment bonds in childhood and their impact on social (Bohlin, Hahekull, Rydell, 2000) em otional (Waters, Virmani, Thompson, Meyer, Jochem, 2010) and cognitive (Bernier, Beauchamp, Carlson, Lalonde, 2015) functioning. High-quality caregiver-infant relationships are critical for development and protect against later psychopathology. As mentioned by Bowlby (1969/1982), early infant interactions with caregivers become internalized and serve as internal models for later relationships. TheseRead MoreHuman Relationships With Considerations Of The Implications For Attachment Theory1594 Words   |  7 Pagesculture in human relationships with considerations of the implications for attachment theory. Bowbly (1959) explains the child’s emotional regulation and attachment to the primary caretaker, as a result of the caretaker’s continues responsiveness and a strategy of the child to keep the primary caretaker close to ensure survival during evolutionary times. It adapts to fit into the appropriate evolutionary niche. This internal working model creates the four main types of attachment: the insecure-avoidantRead MoreThe Role Of Metacognitive Monitoring On The Development Of Learning1096 Words   |  5 Pages Fonagy and colleagues expanded on the concept of metacognitive monitoring to include not only the capacity to think about one’s own mental state but also the ability to reflect on the mental states of one’s attachment figures (Fonagy Target, 1997). Main’s research had focused on the cognitive appraisal processes in the development of metacognition, Fonagy and his colleagues expanded on this to include both the interpersonal and the intersubjective processes in thinking about one’s own and others’Read MoreSubstance Abuse Is An Addiction1626 Words   |  7 Pagesis a significant and growing issue, especially among family units where either one or two parents and/or parental guardians suffer from. Despite the various and complex reasons that cause the parents or parental guardians to abuse substances, it is their children who suffer thus, significantly affecting the parent/parental guardian and child bonding relationship. It is this bonding relations hip when compromised that negatively affects the child’s overall socio-emotional and psychological well-beingRead MorePsychological Research into Individual Differences in Attachment705 Words   |  3 PagesResearch into Individual Differences in Attachment An attachment is a close relationship between two persons, characterised by mutual affection and a desire to maintain proximity (Schaffer 1993). When you are attached to someone, you enjoy their company and are distressed when they are not there. The most common attachment researched is between a baby and its caregiver. Ainsworth et al (1978) researched secure and insecure attachments using the Strange Situation. ThisRead MoreThe Pioneer Of Attachment Theory By John Bowlby1826 Words   |  8 Pagescaregiver-infant relationship and the impact this has on later development has been studied over the past century (Bretherton Munholland, 2008). More specifically, the emotional bond between adult caregiver and child is thought to be vital in laying the foundation on which the child understands themself and the world around them (Speiker, Oxford, Kelly, Nelson Fleming, 2012). The pioneer of attachment theory, John Bowlby (1969), underscored the importance of child to parent attachments in his landmarkRead MoreDevelopment And Measurement Of Attachment2389 Words   |  10 PagesDevelopment and Measurement of Attachment in Early Childhood Attachment refers to the specific, strong, long-term binds in human interpersonal relationship. When getting along with whom one form attachment with, one would feel secure and comforted. Though some said that the attachment was firstly formed in pregnancy, the main formation of attachment is mostly developed in infancy and early childhood (less than 5 years old). In the second half of the first year, infant would start to recognizeRead MoreThe Legal Basis For Maternity1342 Words   |  6 Pageswith young children who are employed, the majority (65%) return to work shortly after the birth of their child, and most work full time (Hayghe, 1986). In light of these statistics for maternal employment, child and family advocates have pushed for parental leave legislation and supportive policies in employment settings. Prior to 1963, the fact that women bear children was treated as a legal justification for excluding women from certain occupations, limiting their hours of work, paying women less

Research and Development in Information Retrieval †Free Samples

Question: Discuss about the Research and Development in Information Retrieval. Answer: Introduction: Generally a menu in any food outlet is intended to play two major roles to the customers; display what types of foods which are offered and how much they are expected to pay for each one of them. However, this should not always be the case (DiGregorio, 2017). The menu can as well entail the, goals, and focus of the outlet at the same time be customer enticing and promote the profitability. As it is in every business, the outlet owners aim is at making the best out of the business but the achievement of this goal lies in how the menu is engineered. Information about the outlet and its services in the menu can be of great use particularly to new customers. Such information can cover on allergic ingredients as it is crucial for customers having food intolerance or allergies to make informed choices in the event of making their orders. Such information covers for potential risks associated to customers' health. Customers psychology is paramount and thus in the attempt to design the menu, their psychology should be appeased and met (Chang, Ciampo Mitchell, 2017). Color for example green is said to imply freshly picked foods from the garden while orange and red on the other hand stimulates appetite, increase oxygen supply and grab attention of the customers respectively. How items are listed in the menu is important. Conventionally most customers order for items in the top two or at the bottom. Therefore cost-effective dishes should be placed in either of the prime positions management. Kokoro food Outlet is a highly crowded fast-food outlet based in the Gungahlin village-suburbs of Canberra which is roughly 10km from the city.Its location being one of the rapidly growing towns in Australia, the outlet serves numerous customers a day. Its foundation is associated with its founder as well as CEO-Mr. Park whose wish was to find a place that offered cheap, decent oriented dishes and simple with a quick service to its customers regardless of the day being busy. Sushi being the pioneer food item at Kokoro restaurant serves as the restaurants theme, it is hand-made Sushi or simply rice has a Japanese origin whose preparation as a dish entail addition of vinegar, sugar, salt together with a number of ingredients like vegetables, tropical fruits on some occasions and seafood (Usher, 2018). Among the dishes that better up Kokoros theme is Soy Sauce and curry. Kokoros menu is classified into three main categories of its dishes; Hot foods Cold foods Soups, sides and salad. The Menu Review Under Hot foods which are their main dishes are twelve items. Chicken of various forms cloud the category (Terayaki,spicy curry, sweet and sour, sweet and chilli, katsu curry).Down the list is spicy pork, Tofu, Salmon, beef stew, Yokisoba, steamed rice and finally kokoro pick and mix. Second category which comprises cold food has sixteen items namely Inari pocket, Tuma Hosomaki Set, Salmon Hosomaki set, vegetable Hosamaki set, Mini California Roll Set, Nigiri and Roll Set, Salmon Nigiri Set, Assorted Nigiri Set, MiniMaki Delight Set, Tuna and Salom Set, Deluxe Nigiri and Roll set just to name a few (Bianco, 2017). The third and last category is Sides, Soups and Salads. The list items are eighteen. The items bellow it is made from vegetables, chicken Seafood such as prawn and seaweed and crab. From Kororos menu, it can be concluded that its menu contains five major food products. These are chicken, beef, Rice, pork and seafood. Nutrition wise as per medical news today, among the food items offered at kokoro restaurant fish, meat, salmon, eggs, chicken, vegetables and meat figure in the top fifteen most nutritious food (Melchiori et al, 2017). However, Kororos Menu is not up to date (Elsweiler, Trattner Harvey, 2017). References Bianchini, D., De Antonellis, V., De Franceschi, N. and Melchiori, M., 2017. PREFer: A prescription-based food recommender system. Computer Standards Interfaces, 54, pp.64-75. Bianco, C., 2017. Bianco: Pizza, Pasta, and Other Food I Like. HarperCollins. Chang, S., Ciampo, M. and Mitchell, H., 2017. Creating Images with Impact: Food Photography Tips from MyPlate. Journal of the Academy of Nutrition and Dietetics, 117(8), pp.1171-1173. DiGregorio, S., 2017. Adventures in Slow Cooking: 120 Slow-Cooker Recipes for People Who Love Food. HarperCollins. Elsweiler, D., Trattner, C. and Harvey, M., 2017, August. Exploiting food choice biases for healthier recipe recommendation. In Proceedings of the 40th international acm sigir conference on research and development in information retrieval (pp. 575-584). ACM. Usher, J., 2018. Julia Usher| Recipes for a Sweet Life. Cell, 314, pp.960-2712.

Compare two film posters between different genre Essay Example

Compare two film posters between different genre Paper Both the film posters are effective in promoting the film and conveying meaning to the audience. They both use many effective visual devices to do this. The gesture codes are effective visual devices that are used to show facial expressions and body language. Film poster one presents us with a very strong opening image. That of a towering ferocious ape, King Kong. Kong is presented in a crouching pose, shielding the female protagonist from the audience. His protective state suggests he is acting contrary to his animal roots and protecting rather then killing the human female. Also on Kongs forehead we can see a deep scar, showing that even someone as appretnly vicious as Kong can receive harm. This allows the audience to perceive Kong with perhaps not sympathy but definelty a better understanding of his appeal to the audience. The female represents a binary opposite to the posters main focus. Wheares Kong is portrayed as a huge angry ape, our woman protagonist is a small dainty and clearly in some kind of distress. This plays perfect, as her stereotypical feminity allows the audience to understand her better, and the same applies for Kongs body language, as the stereotypical big caring masculine here, or in this case anti-hero. Our female protagonist does not seem scare, rather in awe of this huge beast. Her body language prompts lack of fear and amazement at her position. War Of The Worlds seems to have no gesure codes, it differs from King Kong as it does not portay the protagonist. This is typical of the genre, often Sci-fi films focus on there monster or special effects, rather then there actors. We will write a custom essay sample on Compare two film posters between different genre specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Compare two film posters between different genre specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Compare two film posters between different genre specifically for you FOR ONLY $16.38 $13.9/page Hire Writer By looking closely at the hand of the alien, we can see the hand throbbing with power and strength, thus displaying a strong action code. But by hiding the aliens face it really gives the poster a strong enigma code. The composition of mise-en-scene shows a strong contrast between the two film posters. King Kong places us above Kong, making us feel more powerful then him. Allowing us to realize that even though he is 10 feet tall, he is still an animal. Also by highlighting the vibrant New York city backdrop it gives us a chance to see the wonderland that Kong has scaled. This adds to the enigma of the poster allowing the audience to see how high he has climbed. The natural colors of the poster also makes this poster seems out of genre. An autumn summery mix of pastel like colours arent exactly typical fantasy conventions, especially ape-related fantasy. While War Of The Worlds places us at a low camera angle, below the gaping hand that is crushing our world. By placing us below the hand it really makes audience feel inferior and helpless. The pitch black background contrats perfectly with the suspended evil that the hand displays. By being very sparse and simple in its appeal , War Of The Worlds swaps emotion for a strong enigma code and downright fear. This works very well, as most Sci-Fi films do not rely on huge emotional ploys, rather than enemies or spacships. Whereas Kong does rile up various feelings. By seeing Kong on top of a large building, this builds a lot of awe, intrigue and mostly excitement. I believe this poster is a metaphor for the female protagonists love of Kong. Just sheer amazement and wonder. Both film posters lack what is considered the key convention of film posters, a tagline , but for this there is good reason. Both these posters advertise remakes of older classic versions. For this reason a tagline is not really required as the audience has there own ideas about the plot and fore knowledge of picture. Also by not placing a tagline on either poster, it really adds to the enigma codes of both films respectively. Both films intial intrest would be gained via the directors rather than the stars. Both having Oscar winning directors at the chair gives the films a sense of purpose and prestige. By having there names on the posters, it relieves the audience that these arent going to be terrible remakes. King Kong uses its maing star Kong to attract the attention of the audience. By placing him at the mainstay of the screen it will surely attract all the previous fans of the series. Whereas War Of The Worlds displays no famous stars, but by showing the alien gripping the world this will surely grip sci-fi fans.

The centuries, developments in transportation and communications technologies The WritePass Journal

The centuries, developments in transportation and communications technologies Introduction: The centuries, developments in transportation and communications technologies Introduction:References:Related Introduction: Throughout the centuries, developments in transportation and communications technologies have weakened the barriers of space and time and brought people progressively closer together (Isard, 2005, p.3). Along with the increasing connectedness, the cooperation of international trade, economy, education and cultures also have become integrated, and this progress can be defined as globalization. The economic area perhaps is the most significance symbol of globalization. A well-regulated financial market is the cornerstone of the global economy. As an indispensable part of economic globalization, financial globalization plays a key role in promoting the economic development and stability. According to a number of policies and methods, it could help to raise the growth rate in developing economies through foreign direct investment, risk management, technical assistance and so on. However, the financial globalization not always show the positive effects, financial crisis could leads to pan ic and economic depression, even develop into a disaster. Therefore, global economy can profit from getting a clearly perspective of financial globalization, and to make global economy system work better. This essay describes the increasingly developing period of financial globalization through two significant organizations, and then discusses the benefits of it. For the developing economies, several strategic policy measures and organizations are established to avoid international economic disorder and promote global cooperation. In recent decades, high capital mobility and a great deal of gross international financial flows are the results of the increasingly significant financial globalization, especially in the developing economies (Obadan, 2006, p.317). In this aspect, private capital flows to developing countries increased dramatically from US ï ¼â€ž62 billion in 1991 to almost USï ¼â€ž226 billion in 2000, and falling to USï ¼â€ž160 billion in 2001(World Bank, 2002, p.32). Also, according to Obadan (2006, p.317), â€Å"between 1997 and 2000, cross-border capital flows increased from less than 3% of GDP to 17% for advanced economies and from virtually nothing to about 5% for developing economies†. The International Bank for Reconstruction and Development (the World Bank) and the International Monetary Fund (IMF) are two main or ganizations, which promote global cooperation and avoid international economic disorder. The World Bank was established to finance economic reconstruction and development. The IMF has four purposes first of all, it promotes international monetary cooperation. it also facilitates the expansion of international trade. To be specific, the IMF creates employment opportunities, improves real income and develops the productive resources. Thirdly, it maintains an orderly exchange rate system. Lastly, the IMF makes some financial resources available to members to decrease the balance of payment adjustment (Isard, 2005, p.69). Until now, there are 187 countries participated in this organization to promote international monetary cooperation (IMF, 2011). Financial globalization boosts the economic development through economic reforms and financial liberalization and capital markets able to access private global capital markets. The increasing trans-border financial flows through various channels contribute to integrate the financial markets into a global whole. And a myriad of benefits come from the development of global financial integration. One benefit of financial globalization, for the developing countries, is improving access provides a rich source of capital at a lower cost. And abundant capital makes increase potentially productive and creditworthy projects available (Das, 2010, p.100). Take the emerging-market economies (EMES) as an example, EMES are able to provide more cheaper loans than main lending markets. Secondly, the advanced industrial economies not only can get higher rates of return due to the cheaper loan interest rate, but also can diversify risk by investing in the EMES. Thirdly, a growing number of branches of financial institutions, which come from advanced industrial economies, improve the level of efficiency of local institutions with the increasingly fierce competition (Das, 2010, p.101). Fourthly, governments also profit from the competition. The authorities learn the value of market discipline and pay for the policy mistakes and establish new macroeconomic policy discipline (Das, 2010, p. xvii). As an inevitable part of financial globalization, the global financial crisis showed the huge negative effects on world’s economies. Past episodes of financial globalization were all success cases for contributing to financial stability and supporting high growth of economy, yet they all meet the crises. On 15 September 2008, Lehman Brothers, which was the fourth largest investment bank in the USA, declared bankruptcy, and this lead to the financial crisis spilled over globally (Das, 2010, p.127). The bankruptcy of this excellent investment bank shocked the financial world, causing panic in the global financial system. At this point, a great deal of the world’s largest banks were short of money, even some of them were near collapsed. However, why the current crisis happened so suddenly after more than 15 years of successful growth of the global economy? One major course of this financial crisis was the built-up of risk. Some banks and financial institutions over puddle the sub-prime mortgage because of greedy, even they lent money to some people who had problems repaying the loans. This lead to excessive risk was built-up in the global financial system for a long time, and this bubble burst until the risk was too high to afford (Das, 2010, p.132). With the financial cooperation closer and closer, this current crisis was widespread. According to IMF (2009), there were 78 countries recorded negative GDP growth in 2009. More and more economies realized that this crisis was totally a disaster of global economy, and they started to look for some measures to deal with it. Global crisis requires a global solution, for this reason, many countries and economies worked together to solve problems. For instance, Chinese government and American Government provided $ 600 billion and $ 700 billion separately to stimulate economic development. On the other hand, the IMF and the World Bank published a series of polices and provided much cheaper loans to encourage economic recovery immediately. Obviously, financial globalization plays a key role in economic globalization, and boosts the economic development. It leads to high capital mobility and a large volume of international financial flows. Financial globalization results in several benefits on the economic growth.   It also shows some negative effect on the global economy simultaneously, particularly the serious financial crises. However, the key challenge is not to resolve whether the advantages outweigh the disadvantages but to find effective measures to address the problems, which are caused by the financial globalization, to make the process of financial globalization work better (Isard, 2005, p.6). References: Das, D. K., 2010. Financial globalization: growth, integration, innovation and crisis. London: Palgrave Macmillan. International Monetary Fund, 2009. World Economic Outlook. Washington. DC. April. International Monetary Fund, 2011. About the IMF. (Updated 23 May 2011) Available at: imf.org/external/about.htm [Accessed 24 May 2011]. Isard, P., 2005. Globalization and the International Financial System. Cambridge: Cambridge University Press. Obadan, M.I., 2006. Globalization of finance and the challenge of national financial sector development. Journal of Asia Economics. 17, pp.316-332. World Bank, 2002. World development indicators. Washington, DC: The World Bank.

Courage at work Essay Example | Topics and Well Written Essays - 500 words

Courage at work - Essay Example Though the task was monumental for me at that early age, I gained courage and effectively rose to the big task that awaited me. I perfectly run the hospital well for two consecutive years. After completion of my first two years, an extremely critical decision that I have never faced in my entire career faced me. Overreact senior member in the ministry of health came knocking at my door with a hefty offer. The gentleman wanted me to append my signature as a sign of acceptance for the ministry to import Anti-revival drugs from United State. The deal showed that the government was importing first class drugs from United State. So the gentleman wanted to collude with me as a senior doctor so that he could import counterfeit drugs from China. There stood a conflicting situation on whether to agree to deal or to follow my conscious and act on the welfare of the patients. Luckily the urge inside me to protect the patient welfare won. I gained courage and disagreed to the deal. Luckily I tricked the officer, and I managed to record the conversation on my computer. After reputing the deal, I got demoted. I was transferred, to an exceedingly local dispensary in extremely remote area. However I did not regret my courageous action to protect the innocent patients who in the beginning of my professional I swore to. They successfully managed to forge their way though and luckily succeeded in importing the counterfeit drugs. Before they got distributed to relevant hospitals, the quality department issued an order to stop the distribution of drugs. A thorough research followed, and drugs were found to be counterfeit. I was asked to testify. I used the recorded conversation with the senior guy who had made me got demoted. The senior gentleman and his puppet who was appointed after my demotion lost their job. They were held by police for further investigation and prosecution.