Wednesday, September 2, 2020

19th christianity accomdodationist vs. protectionist Biblical critics Essay

nineteenth christianity accomdodationist versus protectionist Biblical pundits - Essay Example Van Gogh and Monet painted clear compositions, Beethoven and Chopin made awesome pieces, and Dickens and Dickenson composed wonderful entries. The proceeding with improvements in the comprehension of the characteristic law of the world brought up issues about Christianity. Verifiable cognizance notwithstanding nineteenth century progressions made a field of Biblical Critics and Protectionists, as more individuals took a gander at the events in the Bible. ‘Accommodationist’ held the position that Christianity must change in a manner that reflects progresses in science, theory, and scriptural grant. ‘Protectionist’ held that Christianity had no commitment to change, and Christianity must be shielded from the difficulties that grant presents. The two sides had numerous researchers. This paper takes a gander at the convenience see held by Strauss versus the insurance see held by A.A. Hodge and B.B. Warfield. Strauss accepted the quintessence of Christianity was valid, however fundamentally couldn't help contradicting numerous significant precepts of the confidence. â€Å"To all, conviction, not based on show, question is inalienable, however it may not be developed†¦.just as the devotee is naturally a doubter or pundit, so then again, the pundit is characteristically a believer† (Strauss, 157). Strauss expressed the Bible came into its being through legendary methods. He accepted that Jesus brought together God and humankind. Be that as it may, Jesus didn't perform supernatural occurrences. Rather, the narratives of Jesus’ wonders were added to the Bible through orally transmitted stories that when the followers composed the New Testament were demonstrating that Jesus had resisted normal laws. â€Å"The legendary view once conceded, endless, and the never in any case to be blended, errors and ordered inconsistencies in the Gospel accounts vanish, in a manner of speaki ng at one stroke† (Strauss, 56). Strauss asserted that otherworldliness showed up all through the Bible. Strauss asserted mystery made Jesus’

Saturday, August 22, 2020

Utopian Society Essay

Idealistic Society Essay Idealistic Society Essay Idealistic Society Each economy all through the world has a mix of an order or market economy. Anyway as appeared in our history to make a perfect world you can't utilize simply a market or an order society. So as to make an Utopian Society, a network and its administration must have an ideal mix of order and market economies. In the ideal society, there are sure financial factors, for example, opportunity, development, strength, uniformity, and productivity that are expected to make a perfect world. In an idealistic culture the opportunity and development would originate from the market framework since it to shows that it is even more a steady and has demonstrated to work far superior for all market economies than order economies. Hong Kong the most free city on the planet has just a 3.4% joblessness rate and their GDP per capita is $52,300. Additionally, in Uzbekistan one of the least free nations on the planet had an expected 5% joblessness rate in 2011, that’s 1.4% higher than Hong Kong's joblessness rate. Uzbekistan’s GDP per capita is additionally $3,600, that’s $48,700 not exactly Hong Kong’s $52,300. Along these lines individuals who work for their own advantage as opposed to their nations have a higher impetus to work more diligently and have a higher monetary development rate, in this way an idealistic culture should take both opportunity and development from a market economy. In an idealistic culture the correspondence, steadiness, and effectiveness would originate from the order economy on the grounds that the administration is in charge and chooses how the organizations are going to function and who will work. In these kinds of economies the administration chooses what is reasonable, in this way there is no tedious discussions like there normally are in a market economy when managing entrepreneurs and purchasers about costs of item or pay. India has a financial plan of $169.4 billion, $328.7 billion not exactly Australia’s $498.1 billion which makes the administration push thought of value better and all the more proficiently. Likewise, India’s GDP genuine development rate is 6.5% which is 2.9% higher than Australia's 3.6%, affirming that order economies are more proficient and successful than showcase economies. In the past the nation of Germany under the order of Adolf Hitler had once arrived at a 0% joblessness rate. Order economies are additionally proficient on the grounds that they decided to deal with their assets as well as could be expected. Focal organizers choose where and what the assets are utilized, making minimal measure of squandered assets conceivable. For instance, in World War 2 Russia’s order economy had the option to assemble their military and weapons rapidly with

Answer to legal problem questions Essay Example | Topics and Well Written Essays - 1250 words - 1

Answer to lawful issue questions - Essay Example While on account of Daniels V. Anderson6 including comparable realities, Daniels counter-sued by claiming that the Board neglected to release their obligation of care and perseverance. The Court held that reviewers and official executives are at risk in carelessness since they had no system set up permitting the chiefs to screen the review which added to inability to report the abnormalities. Further, it decided that the test for the penetrate of obligation of care was objective. The court set down compulsory obligations for chiefs: to get fundamental standard of comprehension of the company’s business; under a proceeding with commitment to keep educated regarding the company’s exercises; attempt a â€Å"general monitoring† of the company’s issues; and comprehend the budgetary status of the organization. The instance of ASIC V Rich7 attested the choice in Daniels8 line of cases with respect to the necessary obligation of care and ability among chiefs. Whil e the instance of Clark9 held that there is a â€Å"core, unchangeable requirement† of association among chiefs in the administration of the company which precludes â€Å"sleeping or aloof directors†. Applying these cases, the suit documented by the evaluator against DD, WW and SS will flourish for inability to practice the standard of care and persistence required under S180. Their carelessness made harm NatureWorld for inability to screen the money related state of the organization and to lead a â€Å"general monitoring† of the company’s undertakings. The Corporation should record a body of evidence against the reviewer, DD, WW and SS, as official executives for breaking the standard of care and determination required under S180, which gives a common risk arrangement, for the harm acquired by the organization realized by such penetrate. Realities/Issues: One of the representatives of the organization, Noi Dea was careless while leading a visit,

Friday, August 21, 2020

The Christian Perspective on Capital Punishment and Rehabilitation Ess

Conceptual Christian’s hold three particular points of view on the death penalty, to be specific Rehabilitationism, Reconstructionism and Retributionism. Rehabilitationism is the view that capital punishment ought not be took into consideration any wrongdoing; Reconstructionism holds that capital punishment ought to be considered any genuine wrongdoing; Retributionism suggests capital punishment for some capital violations. The last two positions share a to some degree comparable view. This paper centers around rehabilitationism. Advocates of this view include the individuals who offer to the Bible for defense and the individuals who don't. The paper presents the contentions of those in the previous gathering. As opposed to the perspective on the rehabilitationalists that the point of discipline is reformatory or healing, the paper contends that the point of the death penalty is equity and a decent society. Conceptualization of Capital Punishment and Rehabilitationism The death penalty is the taking of an offender’s life for a wrongdoing which he has submitted and seen as blameworthy of by a court or council under law. For Etuk, the death penalty is capital punishment when it is executed after a fair treatment of law completed by a society’s properly established mechanical assembly (2000, 6). It is recognized from different types of extra-lawful killings, for example, shooting immediately of suspected crooks, deaths, vanishing of people completed by state operators, among others. The death penalty along these lines characterized has existed in practically all civic establishments and the methods of its execution have shifted from nation to nation. Acquittal International in 1989 drilled down the accompanying methods of execution in current use: hanging, shooting, electric shock, deadly infusion, gassing, decapitating and stoning (Etuk, 6). In Nigeria, the most unmistakable me... ...ence†. SOPHIA: An African Journal of Philosophy, Vol. 2 No 1, 2000, pp 1 †18. Geisler, N. L. Christian Ethics. Stupendous Rapids: Baker Book House, 1989. Ige, E.  â€Å"Death Penalty in the Dock: Seminar that Explores its Retention or Abolition†. Vanguard, November 1, 2002. Iwe, N. S. S. Socio-Ethical Issues in Nigeria. Oruowulu †Obosi: Pacific Publishers, 1991. Stamps, D. C. (ed.) The Full Life Bible Study. Terrific Rapids: Zondervan Publishing House, 1992. Walvoord, J. F. and Zuck, R. B. The Bible Knowledge Commentary (Old Testament). USA: Cook interchanges Ministries, 1983. Walvoord, J. F. and Zuck, R. B. The Bible Knowledge Commentary (New Testament). USA: Cook interchanges Ministries, 1983.

Canadian Globalization Essay

Canadian researcher Marshall McLuhan once said that the world is turning out to be increasingly more like a â€Å"global village,† every country part of an inexorably interconnected society that extends across national limits (6). In spite of the fact that he was discussing the job of new media in this change, he additionally was likely discussing the developing monetary connections that accompany globalization. Globalization is a procedure that offers both the open door for a superior world and the danger of pulverizing nearby networks, local societies, and whole common habitats. In the course of the only remaining century, globalization has become a significant issue in governmental issues, ecological examinations, and financial matters, contacting each edge of earth as companies spread. Be that as it may, Globalization is a wide term that doesn't really mean one single thing. It for the most part depicts the expanding interconnectedness of economies, political organizations, and people as the aftereffect of correspondence, transportation, and products gave by worldwide partnerships. As Justin Ervin and Zachary Smith characterize it, â€Å"Globalization would now be able to be viewed as a procedure that ‘shrinks’ the world as human communication ‘thickens’† (4). The impacts of globalization are neither acceptable nor awful; there are expenses and advantages likewise with most things throughout everyday life. What is sure is that no country on earth has not yet felt the impacts of globalization. One country that has been especially associated with and influenced by globalization is Canada. Canada is a country frequently eclipsed by its monetarily predominant southern neighbor, the United States. As the world keeps on globalizing, Canada’s job in this extension is getting progressively significant, and whether it will acknowledge globalization totally or keep on opposing is a significant purpose of discussion. Canada has both grasped and dismissed globalization: a large number of its companies hold onto it as a methods for growing, yet huge numbers of Canada’s individuals dread the impacts of globalization on nearby culture, the economy, and the earth. For Canada, globalization has brought both financial success and a progression of social and ecological issues. In a location to the Richard Ivey School of Business at the University of Western Ontario, Wayne G. Wouters, Clerk of the Privy committee and Secretary to the Cabinet, there are five measurements to globalization. To start with, â€Å"global capital markets now ruly work 24/7† and â€Å"perturbations in one nation or area may now be felt both close and far. † Globalization has made business both speedy in time and geologically wide. Second, there are presently â€Å"global flexibly chains† where items are made and delivered the whole way across the globe. What began as â€Å"outsourcing† during th e 1980s became â€Å"off-shoring† during the 1990s, and now is known as the â€Å"global gracefully chain. † Third, there is the â€Å"globalization of information,† an interconnected system of media and correspondence. Fourth, globalization raises natural concerns. Last, there is the thing that Wouters calls the â€Å"globalization of insecurity,† the possibility that what's to come is considerably progressively unsure in this present reality where everything is associated and nothing is steady for long. These measurements feature that globalization is found in Canada as both a power for good and an issue. Since its commencement Canada has had solid connections to Europe and later to the United States. As a feature of the British Empire it was a significant wellspring of regular assets, for example, timber and minerals. In late decades, the Canadian oil industry has gotten progressively significant also. Canada has the third biggest oil saves on the planet after Saudi Arabia and Venezuela (Lewis and Moor). Different ventures, for example, innovation, synthetics, and assembling keep on making Canada a significant player on the planet economy. Be that as it may, what does the proceeded with development of Canadian industry and its own inclusion with globalization do to its territorial societies? How is Canadian personality influenced by the spread of items and thoughts from worldwide partnerships? In what capacity would canada be able to grasp globalization without giving up its common and national assets? These inquiries are significant when we take a gander at the job of Canada on the worldwide stage. Above all, it must be appropriately recalled that the impacts of globalization on Canada are not so much advantageous or altogether harming, showing that globalization is both a specialist of positive change and potential perils. As an European state established for the most part for exchange, you may state that Canada has consistently been worldwide. It has pulled in individuals from everywhere throughout the world . It was uniquely during the 1920s that the US at long last supplanted Britain as the â€Å"leading supplier of remote interest in Canada† (Azzi). As David Lewis and Karl Moor note, levies and high assessments kept Canada generally segregated the extent that global exchange goes until after World War II. In 1947 the General Agreement on Tariffs and Trade (GATT) opened up the Canadian economy by diminishing levies and assessments on imports and fares. As per Azzi and furthermore to Ervin and Smith (19), this drove straightforwardly to the development of Canada’s universal nearness as a significant overall economy. Later activities, for example, the Free Trade Agreement (FTA) with the US in 1989 prompted increasingly monetary achievement (Azzi). This added to the way that in 2012 Canada had $481. 7 billion in trades, the eleventh the greater part of any nation, albeit the majority of these fares are purchased by the United States. All the more as of late, Canada flourished through the 1990s and mid 2000s. At that point, following a multi year excess, Canada battled in 2008 when the world economy began to decay. Yet, Canadian banks came out of the emergency really well. Truth be told, as indicated by the CIA Factbook, Canadian banks â€Å"emerged from the budgetary emergencies of 2008-09 among the most grounded on the planet. Canada likewise has one of the world’s biggest economies, esteemed at $1. 5 trillion dollars every year. An ongoing report by Mark Carney, the Governor of the Bank of Canada, takes note of that globalization has been a for the most part positive power for Canada. He says that â€Å"hundreds of a huge number of individuals have just been lifted out of neediness, with the genuine potential for many millions more to share their predetermination. † Carney focuses to Canada’s current interest in globalization as a component of the nation’s second longest extension, which he thinks about to the Roman Empire and the Industrial Revolution. Carney sees the patterns toward better development, for example, the multiplying of the Canadian work power by 2050, as signs that Canada will thrive at home and abroad. Canada stays a powerhouse on the worldwide stage. Stephen Azzi calls Canada â€Å"one of the most all around incorporated nations on the planet. † It has a place with 14 global associations, â€Å"second just to the US, which is an individual from 15† (Azzi). This has prompted flourishing and expanded impact on the world stage. Globalization gives numerous advantages to Canada in general. For instance, Canada appreciates the second best quality of living in the G-8, and the eighth best quality of living generally (CIA Factbook). Canadians appreciate access to items from around the globe, travel much of the time, and remote exchange has expanded the general thriving of Canada. This is particularly valid for its organizations. Canadian organizations are turning out to be increasingly more universal in the course of the most recent three decades, as late examinations have appeared. In one The Russell Reynolds Associates led an overview to perceive how Canadian organizations were adjusting to the new worldwide economy. The outcomes appeared in the report, â€Å"A World of Experience: The Globalization of Canadian Corporate Leadership,† recommends that Canadian organizations are getting altogether progressively worldwide at both the top and base of their levels. The Reynolds study took CEOs from Canada’s 100 biggest organizations. It at that point estimated how much global experience every one of these officials had. As indicated by the outcomes the level of Canadian CEOs with universal work experience quickly expanded somewhere in the range of 1987 and 2007. Is considerably all the more intriguing that an ever increasing number of Canadian CEOs are getting their global involvement with nations other than the United States and Europe. This is a certain sign that Canadian organizations are pushing ahead in light of a worldwide point of view. They are driven by officials who comprehend that the world is interconnected now by â€Å"webs of worldwide supply† (Reynolds). From Russell Reynolds and Associates Study 1987-2007 The Reynolds Report proposed that the advantages of taking an interest in worldwide markets are many. Their investigation additionally shows the significance of having the option to exchange universally, since Canada is effectively attempting to turn out to be increasingly worldwide financially. It is particularly significant for Canada to look to the United States, one of the world’s most globalized economies. There has been a decent arrangement of government activity on the two sides that have additionally globalized Canada. For instance, the Canada-United States Free Trade Agreement (FTA) was endorsed in 1988, causing Canada’s business scene to change. New markets opened up and more exchange associations were extended than any time in recent memory. A short time later the section of the North American Free Trade Agreement (NAFTA) and the foundation of the World Trade Organization in 1995 (WTO) constructed Canada’s job much further. As per Stephen Azzi, Canada’s job in the WTO has made it a significant piece of other enormous worldwide budgetary associations, for example, the International Monetary Fund (IMF) and the World Bank. One of the fundamental inquiries regarding globalization in Canada is the manner by which it reinforces the country’s association with the United States. As the United States got one of the forefronters of globalization, Canada was additionally not far behind. The development of

Saturday, June 27, 2020

HIV prevention project Essay - 275 Words

HIV prevention project (Essay Sample) Content: HIV prevention projectNameInstitutionDate Background to the studyHIV/AIDs infection is a serious threat to wellbeing and health of a majority in the Sub-Saharan Africa, especially youth who accounts for the high HIV infections. Although some studies shows drastic decline in HIV infection, the HIV/AIDs infections and death are still high in the Sub-Saharan Africa (Nyambedha, 2007). Thus, the consequences of the HIV/AIDs are devastating to families because children over 10million children have lost parents to the scourge in Sub-Saharan Africa. Even in the case where antiretroviral treatment is available, as well as, other preventive interventions, HIV/AIDs continues to wreck havoc on wellbeing and health of infants, youths, and young adults. The study shows Kenyan girls are active sexually at age 14years, which raises their HIV and STDs infection rates (Nyambedha, 2007). HIV infection rate is so high among orphaned teenagers not exposed to the HIV education by their parents. In Sub-Saharan Africa, country such as south Africa have implemented family project to empower women to teach their children about positive behavior and risks associated with HIV/AIDs, but HIV prevalence is still high (Paruk et al., 2009). According to Nshindano Pranitha (2008), socio-economic and cultural factors hinders youth from changing their behaviors associated with multiple sexual partners, which explains the high cases of HIV/AIDS prevalence in Sub-Saharan Africa. Another explains for high HIV prevalence rate is Sub-Saharan Africa is failure of pregnant women to go for HIV testing and antiretroviral therapy (Bitnun Kings, 2002; King, 2000). As such, the current project on HIV prevention focuses to build on these prevention strategies, especially their weakness such as looking including the cultural and socio-economic factors in the HIV prevention. In addition, it is critical to consider views and opinions of youths, adults, and other stakeholders in creatin g and implementing effective HIV prevention strategies. ReferencesBitnun, A. Kings, S. (2002). Failure to prevent prenatal HIV infection. Canadian Medical Association Journal, 166(7), 904...

Wednesday, May 27, 2020

The Financial Crisis And The Liquidity Risk Finance Essay - Free Essay Example

Put simply, liquidity risk is the risk stemming from the lack of marketability of an investment that cannot be bought or sold quickly enough to prevent or minimize a loss (investopedia). It is useful to determine between two types of liquidity risk: funding liquidity risk and market liquidity risk. The former describes the ease of obtaining funds from other financial institutions or investors. Brunnermeier (2009) differentiates between three different types of funding liquidity risk: 1) rollover risk, the possibility that it will be expensive or impossible to rollover short term borrowing 2) redemption risk, the risk that depositors withdraw funds and 3) margin/haircut funding risk. The latter regards a situation where an asset is purchased and the buyer uses the purchased asset as collateral and borrows short term against it. As the buyer cannot borrow the assets entire price, they must finance the difference (the margin/haircut) using their own equity capital. Traders t end not to carry much excess capital thus, as margins/haircuts increase; they must sell part/all of the asset. It is the same scenario if depositors begin withdrawing their funds. In order to rollover debt, financial institutions began to rely heavily on short term (commercial) paper (repo contracts). This creates substantial liquidity risk as it is dependent on the market remaining awash with liquidity (Brunnermeier, 2009). In each of the above scenarios, the liquidity risk arises when the asset can only be sold at fire-sale prices. This occurs when market liquidity is low. The market liquidity risk represents the ease of finding a buyer. If liquidity is low then buyers will be more risk averse, as such, unwilling to pay above the odds for an asset. This depresses asset prices, further increasing liquidity risk. Typically, the risk of assets is measured by their return relative to the risk free return (generally the US Treasury Bill rate). In times of crisis this interest rate s pread widens due to the desire to hold first rate collateral. In other words, the demand for US Treasury bills increase, depressing the rate, whereas demand for risky assets fall, increasing the rate (Brunnermeier, 2009). In July 2007, Chuck Prince (Citigroups then CEO), summarised the significance of liquidity risk in the financial crisis by drawing on Keynes analogy between bubbles and musical chairs: When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, youve got to get up and dance. Were still dancing. (Nakamoto Wighton, 2007). There was a perceived reduction in liquidity risk of banks in the years preceding the crisis as they moved to a model of originate and distribute, in addition to financing their assets with short term maturity instruments (Brunnermeier, 2009). The former was supposedly a method to offload risk as it involved banks originating loans, e.g. residential mortgages, pooling these together into di versified portfolios, slicing these portfolios into tranches (each tranche represented a different level of risk), and then distributing these loans (in their new securitised form) to various non bank financial institutions (Goodhart). Liquidity risk arises in this situation for various reasons. First of all, as banks intended offloading the loans, they only carried pipeline risk thus had little incentive to take due care in approving, processing and monitoring loan applications (Brunnermeier). Secondly, these Collateralised Debt Obligations (CDO) were considered to be off- balance sheet thus were not included when determining a banks required capital (set at 8% under Basel I) (Goodhart). However, in reality the banks risk, through exposure to these SIVs, was little changed. Often many of these securitised assets were held by conduits which, in turn, were owned by the bank (Goodhart). In addition, buyers of these tranches could also purchase credit default swaps (CDS) which, in exch ange for a fee, would insure the buyer against any default (Brunnermier). The structure of banks financing further added to the mounting liquidity risk as the investment projects or mortgages (which were typically long term investments) were increasingly financed with short term deposits. To maintain financing for their conduits and SIVs banks issued asset backed commercial paper (ABCP), with typical maturities of 1 to 3 months (Goodhart), creating significant funding liquidity risk if investors stopped buying ABCP. However, in the event that funding for ABCP dried up, the commercial bank granted a liquidity backstop, exposing the sponsoring bank to significant risk that was not accounted for in the balance sheet (Brunnermier). The increase in liquidity risk through maturity mismatch was also as a result of repo contracts, which was often overnight financing. Under repo contracts a firm would raise funds by selling a collateral asset today with an agreement to repurchase the asse t in future (Brunnermeir). Due to the reliance of banks on short term financing, any reduction in funding liquidity would cause significant stress on the financial system. In summer 2007 we witnessed a dry up in liquidity for ABCP as investors struggled to value structured products and confidence in rating agencys eroded (Brunnermier). The constant reiteration that the financial crisis was due to defaults on US subprime mortgages is evident from figure 1 as, following an increase in defaults noted from February 2007, the market for mortgage backed securities collapsed where as other markets remained relatively stable (Brunnermeier). As is evident, liquidity risk played a significant role in the financial crisis and, due to the open economy the United States possesses and its position as a major financial player, many other countries and non US banks were exposed to the US subprime mortgage market. The UK was particularly exposed as RBS and Barclays were the two biggest underwr iters of mortgage backed securities in 2007. Both banks were also big lenders of leveraged finance (Timeonline). In addition, HSBC and RBS (through Citizens Bank) have significant presence in the United States. Other UK banks had less exposure to the US mortgage market, however, were heavily reliant on wholesale funding thus were susceptible to liquidity shocks e.g. HBOS (TimesOnline). https://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article3572658.ece