Thursday, May 21, 2020

The Financial Crisis Of Greece And Portugal - 1624 Words

The music stopped on October 2009, a year after Lehman Brothers collapsed at the height of the financial crisis. Investors all over the world were shocked and creditors were equally horrified. Greece, the founder of true democracy, the originator of the olympics and the birthplace of geometry - was now $430 billion in debt. Never before had a country such as Greece imploded with such velocity and magnitude - that its government bond contracts were now considered toxic. It was an exact replay of the financial crisis, except that the insolvent borrower was now the state. The Maastricht Treaty, signed in 1992, promised to make this group of nations strong. A formal agreement to establish the European Union, it pledged to bring together the†¦show more content†¦Secondly, capital mobility and financial transactions should be flexible, open and easily completed. Thirdly, a system which automatically balances risk and transfers capital to less economically developed regions must be in place. Fourthly, member nations should preferably have similar fluctuations in their business cycles, allowing the central bank to control monetary policy without the need for diverging monetary plans. In his original paper, Mundell called this the â€Å"synchronising of shocks†. To Greece, the potential idea of entering the Eurozone was one that was too tempting. A key benefit would be the reduction of inflation rates in the short term. â€Å"By joining a monetary union with a credible anchor country or set of countries, a client country eliminates the inflation bias arising from time inconsistency in monetary policy† (Alesina Barro, 2002). The inflation rate falls to that of the lowest member nation - representative of the credibility and reputation of the German banks and the entire OCA. Hence, a country such as Greece, which lacked the regulation and financial supervision, jumped at the opportunity of sharing the same credible status Germany worked hard to maintain. To understand why Greece defaulted, we need to uncover the economic and political reasoning behind its recent history. The first decision to host the Olympic Games in Athens in 2004 burned a â‚ ¬8.4 billion hole in public finances. Facilities and buildings became obsolete and vacated

Wednesday, May 6, 2020

Communicating The Value Of Psychology - 1863 Words

Communicating the Value of Psychology Chelsea Xu Perth Modern School Department of Psychology Position Paper March 20, 2015 Table of Contents 2 Position Statement/Introduction 3 Developmental Psychology 4 Social Psychology Cross Cultural Psychology Conclusion References Position Statement ‘A wonderful fact to reflect upon, that every human creature is constituted to be that profound secret and mystery to every other’ – Charles Dickens, A Tale of Two Cities Psychology is the study of mind, behaviour, performance and the mental operations of people. It can be applied to various aspects of the human life. Everything a person does it related to psychology because it studies who and what someone is and why they act and think the way they do and how they can improve themselves. It is also an important factor in helping to diagnose many mental diseases. Several doctors have been able to use psychological studies to develop medicine to aid in illnesses. This topic allows people to understand how the body and mind works. It can help with decision making and avoid stressful situations. It can help with managing times, set and achieve goals and become more effective with the way that one lives. Psychology is important because, for some people, learning can be viewed as their purpose in life. We can gain a better understanding of the causes of our own behaviour through the study of psychology. It also allows us to learnShow MoreRelatedGlobalization and Organizational Behavior1049 Words   |  5 Pagesfor a product or service, perpetuating continuous operations and communicating around the clock and globe, capitalism is replacing governmental control and organizations are no longer constrained by borders, and corporations are becoming more heterogeneous and adapting to people who are from different nationalities and cultures. 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Thesis S2 Free Essays

Osteogenesis Imperfecta Dominant and Recessive Pattern Background Osteogenesis Imperfecta (OI) is heterogenous genetic disorder in the type I collagen and is characterized by susceptibility bone fragility and fractures with variable severity and presumed or proven defect in type I collagen biosynthesis. Type I collagen is the abundant protein composing the extracellular matrix of bone and skin in human body.There are 3 pathogenesis mechanisms of OI: 85-90% of individuals with OI have dominant mutation in type I procollagen genes (COL1A1 and COL1A2) and recessive mutation of OI occur in genes involved in defect of collagen modifying enzymes (CRTAP, LEPRE1 and PPIB) and in genes coding type I procollagen chaperones (SERPINH1 and FKBP10). We will write a custom essay sample on Thesis S2 or any similar topic only for you Order Now A new OI candidate recessive pattern had already revealed, SP7/Osterix (OSX), encodes a transcription factor containing three Cys2Hys2 zinc-finger DNA binding domain at its C terminus caused bone formation disorder.Methods To identify the presence of mutations and the pattern of inheritance in collagen type I from individuals with clinical appearance of OI (type I-IV). We performed whole gene sequencing in dominant genes (COL1A1, COL1A2) . For individuals that we can not find mutation in both of those genes and based on biochemical screening of fibroblast sample of patients, we set up whole sequence for overmodification patients to run with CRTAP, LEPRE1 and PPIB genes and for non overmodification to run with SERPINH1 and FKBP10 in a cohort of 107 patients.We proposed to look for a new candidate genes, if we can not find mutations for patients that we already run with known published genes caused OI. Results In 107 patients with complete analysis, we found 28 mutations, 8 mutations in COL1A1 and 20 mutations in COL1A2. We also found 1 homozygote mutation in FKBP10. Conclusion Key words: OI, overmodification, non overmodification, known published genes of OI, new candidate genes of OI How to cite Thesis S2, Papers