Friday, May 22, 2020

Diabetes Type II Symptoms, Risk Factors, And Treatments

Running Head: Diabetes Type II Diabetes Type II: Symptoms, Risk Factors, and Treatments Introduction There are three types of diabetes: type 1diabetes and type 2 diabetes, and gestational diabetes. All three are chronic conditions that affect how the body uses blood glucose or blood sugar. The body needs glucose because it is an important source of energy for the cells that make up an individual s muscles and tissues Individuals with diabetes have too much glucose in their blood, which will inevitably lead to serious problems with a person s health. Since every cell, tissue, and muscle needs glucose to function properly, it is important for a person who shows signs and symptoms of diabetes to see a doctor†¦show more content†¦This is how the body gets its fuel. Patients who have diabetes have high blood sugar (mayoclinic.com) because their body are unable to process the glucose; therefore, tissues, cells, and muscles cannot absorb glucose to use as energy. The two major reasons for a patient s body to not be able to process glucose, is because their pancre as does not make enough insulin, or their cells do not respond to insulin normally (mayoclinic.com). As for gestational diabetes, this occurs in women who are pregnant who do not have diabetes. Figure 1. Source: http://www.webmd.boots.com/diabetes/ss/slideshow-type-2-diabetes-overview According to Figure 1, the illustration reveals that the body s cells are unable to properly absorb adequate amounts of glucose. In the normal process, the body is able to absorb glucose because of proper insulin levels. However, when the body becomes insulin resistant, there is a buildup of glucose in the blood. When the body does not respond to insulin, the individual will most likely develop Type 2 Diabetes. Symptoms of Diabetes Type II include blurry vision and fatigue. Because the cells aren t getting enough glucose, they cannot function properly. The patient might be thirsty and hungry constantly; however, they might also exhibit signs of unexplained weight loss (mayoclinic.com). Other signs and symptoms include frequent infections,

Saturday, May 9, 2020

The Media s Influence On Society - 945 Words

Growing up, children are predisposed to TV shows and literature that tend to shape/place ideas in their mind as to how relationships form and what a relationship consists of. The famous saying goes that opposites attract and it is never more prominent than in the media of today s society. It is evident in various comic books, animes, cartoons, and well-known books acknowledged by people of different ages. Opposite attraction is shown in the media as a very natural and constant occurrence while this tends to get overexpressed it still holds some truth in everyday relationships. The media portrays relationships in such a way so that it grabs the audience s attention and keeps them engrossed throughout the whole story wither it be fiction or non-fiction. The media sees opposites attracting because both of the character s high points and low points in their personality tend to compliment the other (Opposites Attract, n.d). Having two characters who are opposites but attracted to each oth er also adds to the ‘will-they/wont-they scenario. This trope is where the relationship between two characters are held off for an extended period of time due to a variety of situations. It helps to keep the audience of their toes but more often than not the couple will get their happy ending (Opposites Attract, n.d). One of the more well-known examples of this is Ron and Hermione from Harry Potter by J.K Rowling. Hermione is said to be the brightest witch of her age; she is intelligent,Show MoreRelatedThe Media s Influence On Society1462 Words   |  6 PagesThe media s the most powerful entity on earth. They have the power to make the innocent guilty and to make the guilty innocent, and that s power. Because they control the minds of the masses† (Ruddy, 2002). Malcolm X, a prominent African American human rights activist, strongly believed that the media played a vital role in how they make society perceive events and people. An issue that is present, historically and currently, is media contributing to racism. When news is reported involvingRead MoreMedia s Influence On Society1454 Words   |  6 PagesThe Media’s Chokehold The media s influence on society is suffocating and undeniable. Body image has become overwhelmingly present in most media today. The front cover of a magazine may critically exclaim â€Å"so-and-so has cellulite† or â€Å"so and so is too thin†. Popular reality stars like Nicole Polizzi (otherwise known as â€Å"Snooki†) have been criticized for being to large and then criticized for being too thin after dropping the weight. The media teaches people to be unsatisfied with their bodiesRead MoreMedia s Influence On Society1269 Words   |  6 Pages The media is full of countless things, it has completely changed the world and is now a part of our everyday lives (Bookman, 64). With television, radio, newspapers, books, etc†¦ working their way into our everyday lives it is impossible to live without the media today. Along with it being persuasive, informational and a great source for entertainment it also has a large binding influence on societies all over the world. Media aspects are radically reshaping the world (Marina 240) and though someRead MoreMedia s Influence On Society1256 Words   |  6 PagesThe media are full of countless things, they have completely changed the world we live in and are now a part of our everyday lives (Bookman, 64). With television, radio, newspapers, books, etc†¦ working their way into our everyday lives it is almost impossible to live without the media. Along with it being persuasive, informative and a great source for entertainment, it also has a large binding influence on societies all over the world. Media aspects are radically reshaping the world (Marina 240)Read MoreMedia s Influence On Society1293 Words   |  6 PagesMedia is a major contributor of how social groups are perceived in today’s society. Mediais around us every day almost all day, and it constantly sends messages about the world’s environment. There are many indicators shown pertaining to how media really af fects society. One of the most prominent explanations of those questions is the way media influences stereotypes. There has been previous research linking media sources and biased attitudes. This research paper explores articles supporting mediaRead MoreMedia s Influence On Society Essay1250 Words   |  5 Pagescapitalist society the United States has developed a media centered culture. Society has been influenced tremendously by mass media it seems as if it has become a necessity in life. Nine DVDs worth of data per person every day is the amount of all media delivered to consumers whether it be visual or auditorial on a daily basis. As consumers and technology develop that number will continue to increase because of the multi-tasking abilities that will be created (Zverina 13). The hold media has on societyRead MoreThe Media s Influence On Society1654 Words   |  7 PagesMass media is perhaps the most powerful tool in the world for creating, changing or perpetuating societyâ⠂¬â„¢s ideas about an issue or group of people. It works both blatantly and subconsciously by deciding which issues are important, how to frame those issues, who to show as affected by them, and, increasingly, providing personal commentaries on the matters at hand. Because the majority of media outlets are owned by corporations dominated by white heterosexual men, many minorities are portrayed in waysRead MoreMedia s Influence On Society1475 Words   |  6 PagesMass media has affected our view as a society on social class and what defines one’s social class. Throughout this article called â€Å"Making Class Invisible† by Gregory Mantsios, we evaluate the influence media has on our society and as Mr. Mantsios states how â€Å"media plays a key role in defining our cultural tastes, helping us locate ourselves in history, establishing our national identity, and ascertaining the range of national and social possibilities† (para. 1). Our social class determines wh atRead MoreThe Media s Influence On Society1560 Words   |  7 Pagesare. How many times have we heard this, yet we live in a society that appears to contradict this very idea. If looks don’t matter then why do women and girls live in a society where their bodies define who they are? If looks don t matter then why is airbrushing used by the media to hide any flaws a person has? What exactly is causing this, why do we feel like we are just not beautiful the way we are? Its the media. It’s because the media promotes a certain body image as being beautiful, and it’sRead MoreThe Media s Influence On Society1416 Words   |  6 Pagesâ€Å"The media s the most powerful entity on Earth. They have the power to make the innocent guilty and to make the guilty innocent, and that s power. Because they control the minds of the [people]† (Malcolm X). The message of this Malcolm X quote is that society can control the mind of the individual. This is true. For many years, society has influenced everyone worldwide both negatively and positively. That is because society has the ability to control the individual’s decisions. They can control

Wednesday, May 6, 2020

Root Causes of Financial Crisis in the 1990s Free Essays

Introduction The objective of this paper is to discuss the root causes of financial crisis in the 1990s. In this light, the paper has identified financial liberalisations that occurred in the late 1980s as a principal cause of crisis in the 1990s. The paper begins by presenting a discussion of financial liberalisation in section 2 below and then focuses on how it resulted in financial crisis in the 1990s. We will write a custom essay sample on Root Causes of Financial Crisis in the 1990s or any similar topic only for you Order Now The paper employs the East Asian Financial Crisis as a case study and provides a discussion of how financial liberalisation contributed to the crisis 1997/1998 in section 2; while section 3 provides general conclusions and recommendations of the paper. Financial Liberalisation and the East Asian Financial Crisis One of the main causes of financial crisis in the 1990s was financial liberalisation which facilitated the flow of capital across borders. In the late 1980s and early 1990s, most developed and developing economies liberalised their financial systems and removed a number of regulations regarding the movement of funds. In particular many countries eliminated restrictions on foreign exchange movement thus increasing the flow of cross-border capital. One major crisis that occurred during the 1990s was the Asian Financial Crisis. This crisis has been linked directly to an increase in cross-border capital flows which resulted to currency crisis across the East Asian Countries that were involved in the crisis. Most of the countries involved in the crisis witnessed depreciation in their currencies which in turn led to major crisis across all the countries involved. Thailand was facing competition for its exports which led to a decline in its export sales. One of the reasons for Thailand†™s export declines was as a result of the devaluation of the Chinese Yuan in 1994 (Pathan et al., 2008). Rising export competition Thailand forced many businesses to shift from manufacturing to the real estate. Banks began providing loans to home buyers to facilitate real estate investments. A banking facility – The Bangkok International Banking Facility (BIBF) offered funds to both local and foreign borrowers thus facilitating their real estate investments (Pathan et al., 2008; Bisgnano, 1999). In the early 1990s, the East Asian countries were witnessing significant economic growth. As a result, these economies maintained huge current account deficits (Bird and Rajan, 2000). As a result, large inflows of capital and a depreciation of international reserves were required to reduce finance the deficits (Bird and Rajan, 2000). During This period, many East Asian economies also made significant efforts to liberalise their domestic financial systems as well as the capital account balance of payments. The establishment of the BIBF in Bankgok is a typical example of how domestic liberalisation facilitated the attraction of foreign capital. It enabled domestic banks to accept foreign-currency-denominated loans and deposits from foreign investors. These loans were later used to offer loans to the domestic market. This process led many local firms to increase their leverage thus increasing their financial risk. Net capital inflows for all countries in the region were positive and most often than not exceeded the current account deposit. In addition, international reserves were significantly high (The World Bank, 2000). Capital inflows were significantly high in Malaysia and Thailand. These countries were classified among the top ten emerging market economies to received net private capital flows during the period under study (Lopez-Mejia, 1999). A significant portion of the loans were made in foreign currency. This strategy increased the gearing of many foreign and local borrowers. The huge influx of capital combined with high current account and trade deficits in the first half of the 1990s resulted in the massive decline in the value of the currencies of the region, which eventually transformed into the financial and economic crisis of 1997 and 1998. Moreover, most of the countries involved in the crisis were operating a semi-pegged exchange rate regime, which also contributed to the currency crisis. Significant movements in the Thai Bhat meant that the currency could no longer sustain its value. the currency was forced to crash in 1997. On the 2nd of July 1997, the Thai Bhat was allowed to float freely and its value fell tremendously against other currencies (Joosten, 2004; Pathan et al., 2008). Despite the introduction of foreign exchange controls as well as large spot and forward interventions by the government and Central bank, the magnitude of the disaster on the currency was so high that these measures could not stop it. As a result, the devaluation of the Thai Bhat on the 2nd of July 1997 marked the onset of the East Asian Financial Crisis (Joosten, 2004; Li and Kwok, 2008). The currency crisis in Thailand was transmitted to five other East Asian economies. As explained earlier, the main cause of the crisis was the liberalization of the financial system which led to large cross border movements in foreign currency. The large movement in the East Asian currencies led to the ir depreciation which eventually led to the crisis. Singapore has often tried to compare itself to London as a major financial Centre. Consequently, U.S financial institutions often used it as a safe haven for depositing toxic assets. Given the liberalised nature of global financial markets, Singapore attracted a lot of toxic assets from the U.S which also helped in fuelling the crisis in Singapore (Lim and Maru, 2010). In Indonesia, the channel taken by the crisis was somewhat different from those of other countries like Korea and Thailand (Joosten, 2004). The Central Bank (Bank of Indonesia) increasing became concerned about an economy that was operating above full employment and decided to take measures that would slow down the economy to ensure that it return to full employment. The Central bank however, lacked the tools required to reduce aggregate demand. This is because it became concerned that if interest rates were increased, more foreign capital would flow into the economy a situation that would result to a currency crisis. Lack of an appropriate monetary policy tool meant that the Central Bank was unable to prevent an imminent crisis. Like Indonesia, Malaysia’s economy was operating beyond full employment. During the year 1995, the country witnessed an increase in public investment. The money was spent mainly on large infrastructure projects (Joosten, 2004). By the end of 1996, the count, Malaysia witnessed a decline in its current account deficit and the concerns over capacity overutilization were reduced. However, given increasing concerns over the ability of other East Asian countries as good investment environments, investors began to perceive Malaysia as a safe haven. Consequently, the country witnessed a huge influx of foreign capital which resulted in an increase in bank lending that in turn fuelled an asset boom. The influx in capital led to an increase in the country’s current account deficit over the period 1992-1995 as wel as declining exports. Huge current account deficits combined with trade deficits, the local currency could no longer sustain its value. This means that Malaysia could n ot escape the crisis either. The Philipines also had a sound economy when compared to other East Asian economies. The country operated at low levels of foreign debt and showed no immediate risk of a crisis. However, an influx in foreign capital soon fuelled a rapid lending boom that was mainly used in the financing of risky investments and as such the country began facing difficulties (Joosten, 2004). Table 1: Current Account (% of GDP). YearIndonesiaMalaysiaPhilippinesRepublic of KoreaThailand 1992-2.0-3.7-1.6-1.3-5.5 1993-1.3-4.6-5.50.3-4.9 1994-1.6-7.6-4.6-1.0-5.4 1995-3.2-9.8-4.4-1.7-7.9 1996-3.4-4.4-4.8-4.4-7.9 Source: (Joosten, 2004). Table 1 above illustrates the current account as a percentage of GDP for the East Asian Economies that were involved in the crisis over the period 1992 to 1995. It can be observed that all five countries exhibited a negative current account indicating that they operated current account deficits throughout the five year period leading up to the crisis. Korea however had a positive figure of 0.3% in the year 1993. Thailand showed the worst economic performance as evidenced by its largest current account deficit which kept widening with time. Conclusions and Recommendations The objective of this paper was to identify the root causes of financial crisis in the 1990s. Using the East Asian Financial Crisis as a case study, the paper concludes that one of the major causes of financial crisis in the 1990s was financial liberalization. Financial liberalization facilitated the movement of capital across borders. The East Asian Economies liberalized their financial systems thereby allowing a huge influx of foreign capital. Given that most of these countries suffered trade deficits, the capital was spent mainly on infrastructural development which means that enough returns could not be realized to cover the current account deficits. As such the current account deficits had to be financed with international reserves. This resulted in a currency crisis across the region which eventually led to the financial crisis in 1997 and 1998. One of the main lessens that can be learnt from this crisis is that countries with huge current account deficits should not attract fo reign capital if they are also operating trade deficits. This is because most of the foreign capital is used to finance unprofitable projects that cannot generate enough cash flows to offset the current account deficit. This increases the financial risks of both the private and public sector, which eventually result in a financial crisis. References Bird, G. and Rajan, R. S. (2000) â€Å"BANKS, FINANCIAL LIBERALISATION AND FINANCIAL CRISES IN EMERGING MARKETS†, available online at: http://www.freewebs.com/rrajan01/liberalfull.pdf , accessed: [8th January, 2012]. Bisgnano J. (1999). Precarious Credit Equilibria: Reflections On The Asian Financial Crisis. BANK FOR INTERNATIONAL SETTLEMENTS Monetary and Economic Department Basle, Switzerland Working Papers. Joosten W. (2004). The Asian Financial Crisis in Retrospect. What HappenedWhat Can we concludeCPB Memorandum. CPB Netherlands Bureau for Economic Policy Analysis. Li, K., Kwok m. (2008). Output volatility of five crisis-affected East Asia economies Japan and the World Economy, In Press, Corrected Proof, Available online 24 April 2008. Lopez-Mejia, A. (1999), â€Å"Large Capital Flows: A Survey of the Causes, Consequences, and Policy Responses†, Working Paper 99/17, IMF. Mahui, M. N., Maru, J. (2010), â€Å"Financial Liberalisation and the Impact of the Financial Crisis on Singapore†, Third World Network 131 Jalan Macalister, 10400 Penang, Malaysia. Pathan, S., Skully, M. Wickramanayake, J. (2008) Reforms in Thai bank governance: the aftermath of the Asian financial crisis, International Review of Financial Analysis, 17 (2), 345-362. World Bank (2000), East Asia: Recovery and Beyond, New York: Oxford University Press. How to cite Root Causes of Financial Crisis in the 1990s, Essay examples