Tuesday, August 6, 2019
Your work role Essay Example for Free
Your work role Essay Bi Firstly my employer expects me to attend all training, supervisions and meetings, and also to follow the policies and procedures that the home has set up. Some standard procedures set in place include ââ¬Ëwhistle blowingââ¬â¢. Staff with serious concerns about any aspect of the organisation or the work force will be supported in sharing those concerns and will be protected from reprisal or victimisation. The incident should be discussed in the first incidence with the manager or if this is not reasonably possible it should be discussed with Johnââ¬â¢s parents. This complaint should be recorded in writing and signed as a true record by both parties. ââ¬ËGross Misconductââ¬â¢, conduct or such a nature that fundamentally breaches the employees contract which justifies dismissal without warning or notice. Zero tolerance to drugs or alcohol at the workplace or for anybody who is already intoxicated at the workplace. Also no smoking inside the workplace. Pay rates set up at different rates for different times ie higher pay at weekends and nights. Time and a half for bank holidays. Health and safety procedures refer to the ââ¬Ëhealth and safety at work act 1974ââ¬â¢ which is up in the staff bedroom. Reporting lateness- always phone to give reasons why and estimate time of arrival. Sickness, no sick pay as such and 8 or more days requires a sick note from the doctor. see more:explain expectations about own work role as expressed in relevant standards. Bii The information that must be shown on my payslip is ââ¬Ëgross payââ¬â¢ and ââ¬Ëtake-homeââ¬â¢ after deductions. Deductions are tax and national insurance. My tax code and national insurance number should also be shown on my payslip. Biii Change of address Change of name Biv If I wanted to raise a grievance at work I would go to my team leader first. If I felt that I needed to take the issue further, I would then go to the parents of the person I support. If the matter needed to be taken further I would go to the social worker of my client. Bv 1. Data protection: Never give the name, address, email address or phone number away unnecessarily of the person I support. 2. Grievance: Take any issues to my team leader or the clients parents for discussion. 3. Conflict management: We would manage any conflict by coming together as a team and discussing the matter further to voice our opinions so we can move on from the matter professionally. 4. Anti-discriminatory practice: As a team we believe in peoples right to respect I relation to their age, disability, ethnicity, gender, health, religious beliefs and sexuality. 5. Health and Safety: At my workplace we follow strict rules and regulations which cover, general duty of care, safety policy, tackling risks at source, training and supervision, work equipment, emergency arrangements, manual handling. 6. Confidentiality: Maintaining trust and respect is always a priority in my workplace though we will share confidential information when it is needed for the safety of my client. 7. Whistleblowing: If I needed to report an issue or a concern that I couldnââ¬â¢t go to my manager about I would go to M-A-S-H multi agency safeguarding hub where they can deal with my enquiry. Bvi I have a very important role at my workplace. I contribute to my clients general health and well being as I understand the importance of how he sits in his wheelchair, how to prevent pressure sores, medications given and all the little things that contribute to his physical health. I also contribute to his mental well being by giving him the independence he needs by letting him make choices about his own life. Bvii By following best practice in my work role ensures my client isà getting the best service and care he could get. By not following the correct requirements could lead to health problems, neglect or issues could arise within the team. Bviii My work must be influenced by national factors as rules and regulations are put in place for a reason and if I didnââ¬â¢t follow them, problems will arise in my way of working which will indeed have a big effect on my clients life. Bix Social Workers Social workers work with people to support them through difficult times and ensure that vulnerable people, including children and adults are safeguarded from harm. Their role is to provide support to enable service users to help themselves. They maintain professional relationships with service users, acting as guides and advocates. Care quality commission Their job is to check whether hospitals, care homes, GPs, dentists and services homes are meeting national standards. They do this by inspecting services and publishing their findings, helping people to make choices about the care they receive.
Monday, August 5, 2019
Do Other Possible Worlds Exist?
Do Other Possible Worlds Exist? Omar Haqà Introduction: Samantha is working at her desk. While she is unswervingly conscious only of her immediate situation her being seated in front of her computer, the melodious music playing in the backdrop, the echo of her husbands voice on the phone in the next room, and so on. She is quite confident that this circumstance is only part of a series of increasingly more comprehensive, although less immediate, situations: the situation in her house as a whole, the city she lives in, the one in her neighborhood, the state, the North American continent, the Earth, the solar system, the galaxy, and so on. it appears that anyway, it is quite rational to believe that this series has a limit, that is, that there is a inclusive situation surrounding all others: things, as a whole or, more succinctly, the actual world. Many of us also believe that things, as a whole, neednt have been just as they are. On the other hand, things might have been dissimilar in countless ways, both inconsequential and profound. from the very beginning of History, it could have stretched out quite other than it did in fact: The stuff comprising a distant star might never have ordered well enough to give light; species that survived could just as well have died off; wars and battles won might have been lost; children born might never have been conceived might otherwise have been born. In other case, no matter how stuff had gone they would still have been become part of a single, mostly inclusive, all-surrounding situation, a single world. Instinctively, then, the actual world of which Samanthas immediate state is a part is only one among many possible worlds. Motivations for Realism about Possible Worlds Philip Beckers possible worlds Lets begin with some terminology at the start. A world (or possible world-for me, the possible is superfluous) is, first, an individual or single entity, not a set or class. Secondly, it is a particular, not a property or universal. Thirdly, it is concrete in a sense that it is completely determinate in all qualitative and respects. Last but not the least, a maximal interconnected whole and each world is internally combined and inaccessible or isolated from every other world. There is at least one world; we are just part of the world. It is a concrete world, the actual world if there are no island universes. Worlds that are not real (if any) are simply possible. A realist about possible worlds thinks that there is a platitudinous plurality of worlds or there might a number of other worlds whenever something is possible-for example, that donkeys talk, or that pigs fly-there is a world in which it is true. There is a number of ways to be a realist about possible worlds. Realists split into two camps depending upon their account of actuality. David Lewis thinks that the worlds are ontologically all on a par; the actual and the merely possible vary, not utterly, but in how they are related to us. Lewisian called this realism. Most philosophers accept that Lewisian realism, if it is true, it would bring substantial theoretical payback to systematic philosophy. On the other hand, few philosophers have been eager or able to deem it. Often the obstruction to faith is the hypothetical and ontological extravagance that escorts any full-blown realism about possible worlds: belief in talking donkeys and flying pigs-even if they are spatiotemporally and causally inaccessible from us-is deemed simply outrageous. But According to Philip Becker, that opposition is based on chauvinism, prejudice, not argument; and it is not a prejudice that has been collective value. Oppositions to Lewiss account of realism, however, are another matter. Becker takes it to be theoretically obvio us that actuality is absolute, not relative, and that, moreover, the difference between the actual and the merely possible is dissimilarity in ontological status: whatever is ontologically of the same fundamental type as something actual is being itself actual. When Lewis claims, Phillip Bricker then, that all worlds are ontologically on a par, only can understand these protests in spite of being saying that all worlds are uniformly actual. But that makes Lewiss resistance of a plurality of worlds incoherent and illogical. For this, there could be no good reasons for believing in a plurality of actual concrete worlds. No matter how, Psychoanalysis of modal operators as quantifiers over concrete parts of actuality as well as extensive actuality are surely mistaken. Thus Lewisian realism has been rejected. Lewiss Modal realism Modal realism is the view propagated by David Kellogg Lewis. Lewis thinks that all possible worlds are as real as the actual world. It is surrounded by the following tenets: the existence of possible worlds; possible worlds are irreducible entities; possible worlds are not different in kind from the actual world; the term actual in actual world is indexical, i.e. any subject can state their world to be the actual one, much as they label the place they are here and the time they are now. The term goes back to Leibnizs theory of possible worlds, used to analyse necessity, possibility, and similar modal notions. In short: the actual world is considered as merely one among an infinite set of logically possible worlds, some nearer to the actual world and some more remote. A proportional suggestion is necessary if it is true in all possible worlds and possible if it is true in at least one. Main doctrines At the heart of David Lewiss modal realism are six central doctrines about possible worlds: Possible worlds exist they are just as real as our world; Possible worlds cannot be abridged to something more basic they are irreducible entities in their own right. Possible worlds are the same sort of things as our world they can be different in content, not in kind; Possible worlds are causally secluded from each other. Possible worlds are amalgamated by the spatiotemporal interrelations of their parts; every world is spatiotemporally isolated from every other world. Actuality is indexical. When we differentiate our world from other possible worlds by claiming that it alone is actual, we mean only that it is our world. Reasons given by Lewis Lewis supports modal realism for a number of reasons. First, there doesnt seem to be a reason. Many abstract mathematical entities are added simply because they are helpful. For example, sets are useful, abstract mathematical thing that were only visualized in the 19th century. Sets are now measured to be objects in their own right, and while this is a philosophically unintuitive idea, its usefulness in understanding the workings of mathematics creates faith in it worthwhile. The same thing should go for possible worlds. Since these have assisted us to make sense of key philosophical concepts in epistemology, philosophy of mind, metaphysics, etc. Their existence should be unanimously accepted on pragmatic grounds. Lewis condemns that the idea of alethic modality can be condensed to talk of real possible worlds. For example, to say x is possible is to say that there situates a possible world where x is true. To say x is required is to say that in all possible worlds x is factual and accurate. The appeal to possible worlds presents a sort of economy with the least number of undefined primitives/axioms in our ontology. By Taking this latter point one step further, Lewis says that modality cannot be made sense of without such a reduction. He upholds that we cannot settle on that x is possible without a origin of what a real world where x holds would look like. In other words, it is possible for basketballs to be inside of atoms whether we do not merely formulate a linguistic determination of whether the proposition is grammatically rational and coherent. We essentially think about whether a real world would be able to sustain such a state of affairs or not. Thus, we need a brand of modal realism if we want to use modality at all. Bernard le Bovier de Fontenelles Plurality of Worlds The French philosopher and writer Fontenelle (1657-1757) was well-known for popularizing science and philosophy in a lively, elegant and dynamic way. His Entretiens sur la pluralità © des mondes (Conversations on the Plurality of Worlds) (Fontenelle 1686) propagated an elucidation of the Copernicus heliocentric model of the universe in popular language. It was an instantaneous success and revolutionary work. The book offered a number of conversations between a heroic philosopher (Fontenelle himself) and a Marchioness. The question about life on other worlds was come up and one of the main troubles to be discussed was the following one: are the inhabitants of these planets have similarity like us or are they quite different from ours? Here is Fontenelles observation. The inhabitants of the solar system are very diverse from one planet to another. On the Moon, where there is no air, no water, no cloud, no protection against the Sun, the Salinities live beneath the surface in deep well s that possibly could be seen through our telescopes. But the Marchioness looks very uncertain about the humming and hawing coming from his lovely teacher regarding the description of life on the Moon: its a lot of ignorance based on very little science, she narrates. She has the emotion that Fontenelle is going to populate all the planets and she is at once besieged by the unlimited number of inhabitants possibly to be on all these planets. How can we visualize these planet dwellers, so different indeed if nature is opposed to repetitions? Fontenelle delights himself imagining that distinctions boost up as the planets become more and more far-away from the Sun. For example, on Venus, where heat and sunlight are more intense than on our planet, the climate situations are very encouraging and favorable to love affairs. The Venusians (named Cà ©ladons and Silvandres) are intelligent and lively but all are sterile, except a very little number of procreators and the Queen who is tremen dously productive. Millions of offspring are descended from her and this fact is quite parallel to the bee kingdom on the Earth. The Marchioness seems very amazed! Fontenelle passes very little time on the case of Mars, a planet which seems to be very much alike to the Earth. According to him, Mars has nothing extraordinary and its not worth mentioning it. But, Jupiter, Saturn and their moons seem to be more interesting and are worthy of being habitable. The inhabitants of Saturn whose are very far from the Sun are very wise and phlegmatic. They never laugh and they require a whole day to answer the least question one asks them. What about far away in the universe? All the stars are so many suns lighting up a world. Fontenelles plurality of worlds appears finally to be so probable that the Marchioness appears discouraged and dismayed by such a diversity of living being. Fontenelle presents it to the reader a very broad plurality of living worlds. Its value is to have been the first to popularize in an agreeable style that is the idea of diversity of life in the universe. Richard Proctors Planetary Worlds The famous British astronomer Richard A. Proctor (1837-1888) is well remembered for having shaped one of the earliest maps of Mars in 1867 and for having written many popular books. Amongst them, Other Worlds Than Ours, The Plurality of Worlds Studied Under The Light of Recent Scientific Researches, had been published for the first time in 1870 and attracted attention not only of the scientific world but also of a very wide audience immediately. Proctor made a poetical description to show what astronomy taught us about the Sun and its planets. He also talked about the probability that other worlds where we could be inhabited. However, according to Proctor, intricacies arise when the discussion comes to the possible forms of life (Proctor 1870). Habitability would be the key element and argument that able to answer this question, even if it is quite tough to know the conditions under which these beings could live. In Proctors belief, habitability could nevertheless be described in considering analogy with the Earth, i.e. parameters similar to those existing upon our planet. Proctor also incorporated the Darwinian theory of biological evolution into his reasoning in order to see if life would be possible in very unusual and exotic environments. He emphasized that we have learned from Darwins theory that slight differences between two regions of the Earth could guide us to life forms differently adapted. Furthermore, there are places on the Earth where species belonging to other areas would quickly be perished. He presumed from what our planet taught us about evolution that other worlds could be the residenc e of living things but they would sustain life in other ways. Proctor deliberated the habitability of every planet of the solar system. He propagated that the existence of planned and organized forms of life depended on the conditions which is hypothetical to have an effect on the planetary surface, such as atmosphere, climate, seasons, geology, and gravity. For example, the physical circumstances of Venus-size, location in the solar system, rotation, density, seasons, heat and light received from the Sun- seemed to show very close resemblances to the Earth. Arguments coming from analogy permitted him to finish off that this planet could be inhabited. Proctor understood that Venus could be the dwelling of creatures as far advanced in the level of evolution as any existing upon the Earth. However, it evidently appeared that the best contender to be the habitat of life was Mars, the miniature of our Earth (Proctor 1870). Certainly, at that time, among all the extraterrestrial bodies experienced in our solar system, Mars had been tested more minutely and under more constructive circumstances than any object except the Moon. The surface of Mars was supposed to be enclosed by oceans and continents (the darker regions were supposed to be seas and the lighter parts continents). The Martian geography-or areography-was immensely studied, experimented and seemed to reveal the presence of a vast equatorial zone of continents, seas and 198 F. Raulin Cerceau straits: without a doubt remained as to the understanding of the features looking like land or water. Mars seemed to present very strong analogies with the Earth and everything looked possible regarding the forms of life likely to be on its surface. With seasons equivalent to terrestrial ones, water vapor in the atmosphere an d forms of vegetation growing plentifully, Proctors Martian world was entirely suited for complex life. Proctor granted also life on Jupiter. The massive planet might be inhabited by the most favored races existing throughout the whole range of the solar system (Proctor 1870), thanks to the very equilibrium and excellence of the system which circles round it. It had been projected at that time that the mammoth dimensions of Jupiter and its distance from the sun led to the termination that Jovians must be a kind of the giant kind. Their eyes might have been in accordance with the weakness of the sunlight: less light, larger pupil and larger eyes, and then larger body. But Proctor did not hold up this hypothesis. Because of gravity and in order to make a Jove-man as active as our earthly counterpart, he propagated that we might have to give to these beings a size comparable to pygmiesone. However, Proctor wanted to stay under the control of exact knowledge. He thought that we could on ly claim that the beings of other worlds are very different from any we are acquainted with, without endeavoring to give shape and form to fancies that have no foundation in fact (Proctor 1870). Bibliography Bricker, P., 1980. Prudence, Journal of Philosophy, 77(7): 381-401. , 1987. Reducing Possible Worlds to Language, Philosophical Studies, 52(3): 331-355. , 1996. Isolation and Unification: The Realist Analysis of Possible Worlds, Philosophical Studies, 84(2/3): 225-238. Flammarion, C.(1865). Les Mondes imaginaires et les Mondes rà ©els. Didier, Paris Flammarion, C.(1891). Uranie. Librairie Marpon et Flammarion, Paris Fontenelle (le Bovier de) B (1686) Entretiens sur la Pluralità © des Mondes. McKay Ch, Smith HD.(2005). Possibilities for methanogenic life in liquid methane on the surface of Titan. Icarus 178:274-276 Morowitz H, Sagan C. (1967). Life in the clouds of Venus? Nature 215:1259-1260 Proctor, RA. (1870). other worlds than ours, the plurality of worlds studied under the light of recent scientific researches. Burt, New York
Sunday, August 4, 2019
Hate Crimes Essay -- essays research papers fc
Final English Paper à à à à à Have you ever had a crime committed against you? In todayââ¬â¢s society we are faced with crime all around us. There are crimes committed out of rage, revenge, jealousy, love, greed, etc; but there is another type of crime, or one could say act of violence, called hate crimes. Have you ever thought maybe that crime was committed against just because of your racial background, or religious beliefs? Throughout this countryââ¬â¢s history, hate crimes have taken place, either by known groups who hate and, most commonly, individuals that are inspired by hate. Not until recently have the people of this country ever wanted to pass a law that would punish the guilty to an even higher extent because the crime was committed out of hate. There are two sides to every issue. Whether or not the issue is valid or if it is an unrealistic concept created by the media or by the federal government, then, in my opinion, passing a law of this type is totally unrealistic. It is a lmost impossible to prove that a crime is committed out of a bias hate. I feel that a law that punishes hate crimes should not be passed. One main question that would be asked is, ââ¬Å"Prove it?â⬠Saying just that, in some cases destroys the effectiveness of the law, especially if and when the crime is committed when both parties share the same sexual, ethnic or religious back- ground. Now, I think that the money grubbing lawyers and the media would love this new law because, for one, the prosecuting lawyers would, in many cases, use it against the defendant, especially if it was a white vs. black case, or vice versa. The media would emphasize racial discrimination just because the general public, especially minorities, love controversies that may make them sympathetic. Also, I would think that this law would tie up more court time. If you think about it, there would be more cases popping up all over the place and also what ever case is going to be herd the word, hate, would probably be thrown in there as well which would drag the case out even longer. Maybe, not as much in criminal cases, but more so in civil s uites. Look at how ââ¬Å"sue happyâ⬠the public is now. This law would only add to it. For example, people sue their neighbors for their pets going to the bathroom on their lawn. How ridiculous is that? Another example is a lady put here dog in the microwave t... ...t ââ¬Å"rape with hateâ⬠or ââ¬Å"murder with hate.â⬠You should be punished for the actual crime, not your feelings that go along with it. Now even if this law were passed, would the police and courts enforce it? If they didnââ¬â¢t, what would be the point of passing it to begin with. I guess you could say that about any law but in my eyes I could see our ââ¬Å"systemâ⬠twisting everything around. They would probably convict innocent people of ââ¬Å"Hate crimesâ⬠and let the guilty people of ââ¬Å"Hateâ⬠go. I donââ¬â¢t think it is fair to add another category to the crime list that could in the long run, ruin some peoples lives. I just think that it is wrong. I hope you see my point of view and agree with my opinion. Bibliography Jacobs, James. Hate Crimes. Challenging Intolerance 14 Nov. 2000 >http://sks.sirs.com/cgi-bin/hst-article-display?id=PA0212H- s57549sl&type=ART&artno=â⬠¦Ã à à à à Grigera, Elena. Hate Crimes. Corrections Today à à à à à 14 Nov. 2000 >http://sks.sirs.com/cgi-bin/hst-article-display?id=PA0212H-s57520sl&type=Art&artno= Walker, Samuel. Hate Speech. The History of an American Controversy à à à à Ã
A Judgeââ¬â¢s Decision Has Potential Bias Due To Crime :: Legal Research Papers
A Judgeââ¬â¢s Decision Has Potential Bias Due To Crime Introduction A Clemson University Student named Erin Brophy did an experiment to see if there was potential bias in a legal case depending on the crime. She did this after hearing about an experiment performed by Dr. Ben Stephens and Dr. Spurgeon Cole. They wanted to know if a prior association between a lawyer and a judge had potential judicial bias. Erin Brophy found that there is no difference in crime whether a judge will be biased. She surveyed people to see what their opinion was. The two crimes in her study were burglary and murder (Brophy). Because there was no difference in her experiment, we wanted to make the differences in the crimes more extreme. We wanted to find whether there is a difference between shoplifting and murder. We predicted that there will be more bias for the lawyer in the murder case and that the judge should be removed. Methods We gave the survey to 160 people for this experiment. There were 16 experiments and each experiment collected 10 surveys, five with the crime being shoplifting and the other half being murder. There was a lot of variability in selection methods. One example was selecting friends to take the survey. The participants included both male and females. The final sample size was 120 people. 64% were females and 36% were males. The age range of the participants was 17 to 25. The mean age was 19.69. Materials A survey was given to the participants to see if the judge would be bias for or against the attorney, and if he should be removed from the case. The survey asked the personââ¬â¢s gender and age. The next two questions asked if there was potential bias for and against the attorney. The last question asked if the judge should be excused from the case. The type of crime had two different versions. On half of the surveys, the crime was shoplifting and the other half was murder. The measurement of the bias from the questions was by circling ââ¬Å"yesâ⬠or ââ¬Å"no.
Saturday, August 3, 2019
Catcher In The Rye: Everybodys A Phony :: essays research papers
Everybodyââ¬â¢s A Phony J. D. Salingerââ¬â¢s novel, The Catcher in the Rye, is a very well known piece of the twentieth century. Itââ¬â¢s a story about a seventeen-year-old boy, Holden Caufield, who experiences some interesting things and people upon his being expelled from Pencey Prep. School. From having breakfast with a couple of nuns on a bus, to spending an evening with a far from seraphic prostitute, Holden handles each situation the best way he can. However, most of the people Holden encounters, he deems innately phony; Holden thinks almost everyone is a phony. Holden discusses how phony his headmaster at Elkton Hills, Mr. Haas, was when he was there: [Mr. Haas] was the phoniest bastard I ever met in my life . . .. On Sundays, for instance, old Haas went around shaking hands with everybodyââ¬â¢s parents when they drove up to school. Heââ¬â¢d be charming as hell and all. Except if some boy had little old funny-looking parents. . . . I mean if a boyââ¬â¢s mother was sort of fat or corny-looking or something, and if somebodyââ¬â¢s father was one of those guys that wear those suits with big shoulders and corny black-and-white shoes, then old Haas would just shake hands with them and give half and hour with somebody elseââ¬â¢s parents (13-14). To Holden, it was blatantly clear that Mr. Haas was just putting on act to please the parents who showed up. He thought that everyone should be himself and not wear stupid facades. à à à à à à à à à à Holden Caulfield lived in the Ossenburger Memorial Wing in his dormitory. That hall was only for juniors and seniors. The dorms were named after this person named Ossenburger who also went to Pencey Prep. School a long time ago. After Ossenburger got out of Pencey, he made a lot of money in the undertaking business, and he gave a pittance to the school. That pittance is why the hall was named after him. Then the next morning, Ossenburger gave a speech to the students of Pencey Prep. about how he was never ashamed when he was in some kind of trouble, but he would get right down on his knees and pray to God, and that you should always talk to God wherever you are. Ossenburger said to think of God as your friend. Caulfield got a kick out of this speech thinking how he could ââ¬Å"Just see this phony bastard .
Friday, August 2, 2019
ââ¬ÅLiquidity Management Via Interest Rate Corridor in Pakistan- and Experience of Other Countriesââ¬â¢ Emerging Marketsââ¬Â
STATE BANK OF PAKISTAN SUMMER INTERNSHIP PROJECT REPORT 2011 ââ¬Å"Liquidity Management via Interest Rate Corridor in Pakistan- and Experience of Other Countriesââ¬â¢ Emerging Marketsâ⬠Submitted to: Sir Mubarak By: Tooba Sarfaraz Rafia Parvez Sumbul Masood Introduction to State Bank of Pakistan: State Bank of Pakistan, the central bank of the country was established in July 1948 I. e. , within one year after Pakistan gained independence. Being the central bank, it regulates the monetary policy and the credit system of the country to foster its growth in the best national interest with a view to secure monetary stability and to fully utilize the productive resources of the country. The bankââ¬â¢s operations also include preserving the value as well as maintaining stability in the Banking system. Vision: ââ¬Å"To transform the SBP into a modern and dynamic central bank, highly professional and efficient, fully equipped to play a meaningful role in sustainable basis in the economic and social development of Pakistan. â⬠Mission: To promote monetary and financial stability and foster a sound and dynamic financial system, so as to achieve, sustained and equitable economic growth and prosperity. â⬠Introduction to Domestic markets and monetary management department (DMMD): Domestic Markets and monetary management department was created in Sept 2006 as a result of comprehensive restructuring within State Bank of Pakistan with the objective of transforming the central bank into a dynamic institution more responsive to the growing sophistication in the financial markets. DMMD is an offshoot of the previous Exchange and Debt Management Department (EDMD), which was established in Feb 2000. Vision: ââ¬Å"To illustrate a proactive, professional and planned approach for effective management of exchange and debt markets so as to contribute towards accomplishment of exchange and monetary policy objectives. â⬠Mission: DMMD strives to set performance benchmark within SBP and Pakistanââ¬â¢s financial markets. Departmental goals: The core objective of DMMD is to implement the monetary policy objective of the State bank of Pakistan by using the available tools in both the money and foreign exchange markets. Departmental objectives: * Monetary Policy Implementation: a. Maintenance of stable interest rates in inter-bank money market through proactive management of money market liquidity. b. Raising short term government debt and developing yield curve through auction of market treasury bills c. Proactive management of money market liquidity through open market operations d. Liquidity management through interest rate corridor system. * Exchange Rate Policy Management: a. Stable exchange rates and Forward premiums at appropriate /sustainable levels b. Sale and purchase of third currencies at optimum prices c. Smooth and sufficiently liquid foreign exchange markets d. Optimal accumulation of foreign exchange reserves and forward portfolio * Reserve Management: a. Optimal utilization of reserve portfolio and maximum returns on investment of surplus reserves. Hiring of investment consultants and fund managers for optimizing returns. * Debt Management a. Domestic debt i. Developing the markets for government securities ii. Coordination between monetary and fiscal policies iii. Raising short term and long term domestic debt for the government v. Data base management of permanent and floating debts. b. External debt i. Monitoring and ensuring prompt payment of external debt installments through state bank of Pakistan and commercial banks. Introduction of an Interest Rate Corridor In order to reduce the volatility in short term interest rates and to bring more transparency in the implementation of monetary policy, State Bank of Pakistan has decided to introduce an interest rate corridor for the money market overnight repo rates. The corridor will operate through standing overnight repo / reverse-repo facilities (i. . floor & ceiling), setting a formal corridor for the money market overnight repo rates consistent with the monetary policy of State Bank of Pakistan. The salient features of the interest rate corridor are as follows: 1. The interest rate corridor will consist of two end-of-day Standing facilities offered by State Bank of Pakistan: Existing SBP 3-day Repo Facility will be renamed as SBP Overnight Reverse-Repo Facility, which will become the ââ¬ËCeilingââ¬â¢; and a new SBP Overnight Repo Facility to absorb excess funds from the market will serve as the ââ¬ËFloorââ¬â¢ of the corridor. . The procedure for availing the end-of-day financing facility from State Bank of Pakistan at the ââ¬ËCeilingââ¬â¢ rate in case the market is short of funds will continue to be in accordance with the existin g practices and instructions issued by State Bank of Pakistan from time to time in reference to the ââ¬ËSBP 3 day Repo Facility (now renamed as SBP Overnight Reverse-Repo Facility) against Government of Pakistan Market Treasury Bills and Federal/Pakistan Investment Bonds. 3. The overnight end-of-day standing repo facility at the ââ¬ËFloorââ¬â¢ rate will be available to scheduled banks and primary dealers which are left with excess funds in the interbank market. These funds can be placed with State Bank of Pakistan in the form of an overnight repo against Treasury Bills at the à ââ¬ËFloorââ¬â¢ rate. Some of the operational details are as under: a. Only scheduled banks and primary dealers will be eligible to place the funds at the ââ¬ËFloorââ¬â¢ rate with State Bank of Pakistan . This facility will only be available at the end of the day, when it can be ascertained that the market has excess funds. c. The time for intimating this amount to the State Bank of Pakistan will be between 2:30pm to 3. 30pm from Monday to Friday and between 12:00pm to 1. 00pm on Saturday. (Specimen format is enclosed). d. The minimum amount for the Overnight Repo/Reverse Repo Facility will be PKR. 100 million, and in multiples of PKR. 50 million thereof. e. The Treasury Bills acquired under the Standing Overnight Repo facility from State Bank of Pakistan will be SLR eligible. 4. The ââ¬ËFloorââ¬â¢ and the ââ¬ËCeilingââ¬â¢ rates (and the width of the corridor) will be advised by the State Bank of Pakistan from time to time as deemed necessary. 5. State Bank of Pakistan will continue to conduct term Open Market Operations (OMOs) in the form of repos/ reverse-repos as per current practice in addition to these standing facilities. 6. The interest rate corridor will be applicable from 17Aug, 2009. i. MONETARY POLICY: Monetary policy is the mechanism or the process through which the government, the central bank or the monetary authority of any country controls or determines the (a) supply of money, (b) the availability of money, (c) the cost of money or the interest rate, keeping in mind the broad strategic objectives of the state regarding price level, growth and stability in an economy and the overall policies that supports or u nder which people would want to start businesses and provide employment. When the incident of 9/11 happened, the overall economic environment of the world was affected very seriously and an impact of tightening monetary policy also falls. After the incident the foreign investment shoot up and flow of money continuously increased, although the value of money was stabilized but it causes inflation in many countries as well as in Pakistan. The inflow of foreign remittances resulted in inflationary pressure. In 2001, SBP revised its policy to control the flow of money. Since 2004, SBP in continuously issuing monetary policy statement biannually from Jan-June and second from July-Dec. TOOLS FOR IMPLEMENTING MONETARY POPLICY: To implement its objectives , some tools are required: 1. Direct Instruments 2. Indirect Instruments DIRECT INSTRUMENTS: * Cash Reserve Requirements (CRR) * Statutory Liquidity Requirements (SLR) CASH RESEVE REQUIREMENTS (CRR):
Thursday, August 1, 2019
Effects of Mercury Contaminated Fish on Consumerââ¬â¢s Health Essay
Mercury is an element that comes naturally in nature, or manufactured by humans.à It comes in different forms.à According to the New Jersey Department of Health, mercury may be found as metallic mercury, a kind of silver-gray liquid that is harmful when exposed into the air and breathed in; methylmercury, which may be ingested by eating fish; inorganic mercury which can be found in over-the-counter drugs, batteries, and other pharmaceuticals, and is harmful when breathed in or swallowed; and phenylmercury in household products like paints, cosmeticsà and toiletries and is harmful when breathed in, swallowed or passed through the skin (Kapsch, et. al, 1999). à à à à à à à à à à à This paper delves into the mercury and its harmful effects on the fish population and ultimately, adverse effects onà human health. Mercury in the Environment à à à à à à à à à à à As noted above, mercury is found naturally in the environment.à à Paul Kapsch, Matt Landi and Sarah Scwartz writes that natural incidents and accidents like forest fires and volcanic eruptions spew mercury into the air (1999). à à à à à à à à à à à The Natural Resource Defense Council adds thatà power plants and certain chemicals manufacturers, as well as other industrial facilities release mercury into the air through their daily operations.à The released mercury eventually ends up in the waterways and oceans.à Fish in these ecosystems ingest the mercury, which people, in turn ingest by eating the fish. (NRDC, 2006). à à à à à à à à à à à Mercury is also present in many things that one has at home like fluorescent and neon lamps, mercury switches in chest freezes, thermostat probes, thermometers, barometers and other gauges, laboratory solutions and even dental amalgam (Kapsch, et. al, 1999). à à à à à à à à à à à Paul Kapsch and his partners outlined the environmental impact of mercury.à Citing ExtoxNet (1999), Kapsch, et. al, stated that while mercury enters the environment, concentrations in the air and atmosphere is generally very low.à Mercury, however, is deposited into forest ecosystems where it accumulates in highly toxic forms.à Eventually it leads up to aquatic ecosystems, which in some cases contribute to human health problems. à à à à à à à à à à à The Natural Resource Defense Council added that when mercury enters into the various water systems, bacteria take it in and convert it into a type of methyl mercury, which is easily absorbed by humans (1999).à The NRDC also explained that the mercury then ââ¬Å"works it way up the food chainâ⬠as larger fish eat smaller contaminated fish.à Mercury, however, does not break down.à Instead it accumulates in fish (1999). à à à à à à à à à à à To illustrate the point, the NRDC stated that predatory fishes like sharks and mackerel have been found to have 10,000 times higher mercury concentration (1999). How Mercury Enters the Body à à à à à à à à à à à Mercury can enter the body by breathing it in, swallowing or eating contaminated food, drinking contaminated water , or through the skin (Agency for Toxic Substances and Disease Registry, 2008). à à à à à à à à à à à Consumption of contaminated fish, however, is one of the most dangerous way of getting mercury in the body since it involves methylmercury, which is easily absorbed through the gastrointestinal tract into a personââ¬â¢s bloodstream (Agency for Toxic Substances and Disease Registry, 2008). à à à à à à à à à à à In 2003, Dr. Jane Hightower, doctor of internal medicine at the California Pacific Medical Center in San Francisco, found that 89% of participating patients had high mercury levels.à Most of these participants had as much as four times the safe level of mercury in their blood stream.à Participants in Dr. Hightowerââ¬â¢s study were chosen precisely because of their fish-heavy diets. (NRDC, 2006). à à à à à à à à à à à Once in the bloodstream, the mercury goes into various parts of the body.à Methylmercury in pregnant women gets passed on into the childââ¬â¢s blood stream and then into the childââ¬â¢s brain.à A nursing mother may pass the methylmercury through breast milk. (Agency for Toxic Substances and Disease Registry, 2008). Health Risks à à à à à à à à à à à The NRDC says that mercury exposure can be particularly hazardous for pregnant women and small children.à à The NRDC adds that mercury exposure can lead to cerebral palsy, mental retardation, blindness and deafness in infants and fetuses.à Even with a minimal exposure, the child may be delayed in learning how to walk and talk, have low attention span and may later on develop learning disabilitiesà (NRDC, 2006). à à à à à à à à à à à And the numbers are alarming.à In July 2005, researchers at the federal Centers for Disease Control and Prevention found that 1 in 17 women of childbearing age have more than 5.8 micrograms of mercury per liter of blood.à The CDC stated that this level may pose a risk to the developing child (NRDC, 2006). à à à à à à à à à à à Mercury-contaminated fish is not just dangerous for children and pregnant women but it is also dangerous for adults (Mercola.Com, 2003).à Mercola.Com related that mercury destroys the nerve tissues, the visual cortex and the cerebellum.à It affects complex movements and balance.à It also leads to problems in attention span and language.à It also decreases concentration, deftness and verbal memory in adults.à (Mercola.Com, 2003). à à à à à à à à à à à For some adults, mercury poisoning can lead to fertility problems and blood pressure regulation problems.à It also causes memory loss, vision loss, numbness in the fingers and toes, and tremors.à It is suspected that mercury exposure also leads to heart disease (NRDC, 2006). à à à à à à à à à à à The Agency for Toxic Substances and Disease Registry warned that the nervous system is prone to mercury contamination.à The Agency said that in this type of mercury poisoning, some people who consumed seed grains and fish contaminated with large amounts of methyl mercury developed severe brain and kidneys damage.à à The Agency explains that mercury accumulates in the kidneys, so it damages it more.à (Agency for Toxic Substances and Disease Registry, 2008). à * * * à à à à à à à à à à à The above discussion shows that consumption of mercury contaminated fish is very dangerous for consumerââ¬â¢s health, and is a source of different diseases especially inà (but not limited to) children and pregnant women. Studies have concluded that mercury poisoning have caused several conditions and diseases from simple memory loss, loss of concentration, fertility problems to something as grave and irreparable as mental retardation and kidney ailments.à And studies on the relationship between mercury and other, more life-threatening diseases like heart ailments are currently underway.à The growing body of evidence all points to some disease that can be traced to mercury poisoning. à à à à à à à à à à à Consumers have to actively control their fish diets.à If they are fond of eating fish, they might find it useful to regularly check and look for advisories regarding mercury contamination in their area.à It is also recommended that they regularly check their own mercury levels and if they found their mercury levels higher they have to consult with their doctors immediately. à à à à à à à à à à à Since mercury poisoning is more dangerous to pregnant women and small children, it might be best to veer away from eating fish altogether, and take up healthier choices such as vegetables and dairy products.à Being more vigilant with regards to oneââ¬â¢s diet can reap long-term prevention that would help ensure optimum health. à à à à à à à à à à à Authorities need to take much stronger steps to protect a far greater portion of people.à Authorities must examine their antiquated safeguards designed to protect an average personà from an average amount of methyl mercury in fish and take more protective and realistic actions against exposure to methyl mercury through food. Authorities need to constantly update themselves, as ââ¬Å"safe levelsâ⬠of mercury in the diet are constantly changing.à In fact, the trend is that the required safe levels are getting higher with each new research that goes out of the pipeline. à à à à à à à à à à à Public health authorities, as well as community leaders, or any health-related organization, must come together to inform, educate and empower the public about the dangers of fish consumption, mercury contamination, and adverse health effects.à Information is the best weapon against mercury contamination, without it, no amount of public policy will be sufficient or effective.à The public needs to be aware of what mercury does to the body, the diseases associated with it, where mercury could be found, how it gets into your body, what measures are to be done. à à à à à à à à à à à More than anything, it is high time to look at more efficient ways of disposing all types of mercury.à Since mercury could be found in nature, it will be next to impossible to eradicate it.à What one could hope for is to reduce environmental damage from the mercury that we can control.à If people could somehow take care and reduce the amount of mercury that goes into the environment as waste, people would be protecting not only the oceans and the fish, but also themselves.à Taking care of the environment would ensure sustainability in the future and would drastically decrease mercuryââ¬âand in fact and principleââ¬âall types of contamination. à à à à à à à à à à à In effect, stopping or greatly reducing mercury contamination and all the ill effects associated with it takes the effort of everybody in the community, but it starts mainly with your self. à à à References Agency for Toxic Substances and Disease Registry (Content source); Sidney Draggan and Emily Monosson (Topic Editors). 2008. ââ¬Å"Public Health Statement for Mercury.â⬠In: Encyclopedia of Earth. Eds. Cutler J. Cleveland (Washington, D.C.: Environmental Information Coalition, National Council for Science and the Environment). [First published in the Encyclopedia of Earth November 13, 2007; Last revised January 24, 2008; Retrieved April 2, 2008]. Jeremy Laurence, (8 March, 2007) Fish Contaminated With Mercury ââ¬ËPose Worldwide Threat to Health. The Independent.à Retrieved on 3 April 2008. Kapsch, Paul, Landi, Matt and Schwartz Sarah. (1999). Mercury. University of Vermont. Retrieved on 3 April 2008. Learn About Mercury and Its Effects, (2006) Natural Resource Defense Council. Retrieved on 23rd March 2008. Mercury-Contaminated Fish Poses Health Risks to Adults, (2003) Mercola.com. Retrieved on 25th March, 2008. à Ã
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