Sociology Revision Guide free essay sample

Broad definition which covers a wide range of beliefs -Does not necessarily include beliefs in a supra-human, supernatural being Focuses on the function of beliefs in society, and the way in which things that people regard as sacred can bind societies together, through shared values. Looks at the ways in which unconventional beliefs can be seen as sacred, i. e football. Substantiate and exclusivist-Bruce: religion is â€Å"beliefs, actions and institutions which assume the existence of supernatural entities with powers of moral purpose† Berger: Religion is a â€Å"sacred canopy† or shield providing supernatural protection against random and apparently meaningless events. Focuses on what religion actually is, involving supernatural, supra-human beliefs of some kind -Fits with what most people would regard as religion, i. Islam, Christianity etc, Though includes unconventional beliefs such as Wicca and paganism also. A definition adopted by most sociologists. Features of religion – Beliefs – in the supernatural, incomprehensible powers, or in symbols which are regarded as sacred. We will write a custom essay sample on Sociology Revision Guide or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Theology – a set of teaching and beliefs based on holy scripture Practice – Rituals and ceremonies which are either public or privately i. e praying or fasting Institutions – provide an organisation of the worshippers/believers, usually buildings like churches. Consequences – A set of moral or ethical values that are meant to guide or influence the everyday behaviour of believers. IDEOLOGIES PLURALIST -Sees the exercise of power in society as reflecting a broad range of social interest. -No-one has a single monopoly of power, a wide range of interest groups and individuals that live alongside each other compete for it. There is no single dominant ideology that reflects the interests of a group, which is something to be approved of and welcomed. -It denies that there may be an unequal distribution of power in society, and not all social roups are equally able to influence those with power, or get their views accepted – something which the pluralist ideology tries to conceal. MARXIST- The ideas that people hold are formed by their position in society. -Ideology is the ideas of particular social groups reflecting their interests. -Dominant ideology – In this case the ruling class. Mannheim – the ruling class deliberately obscure facts in order to conceal the inequalities of capitalist society, thus preserving existing patterns of inequality, the privileged position of the ruling class, and preventing any social change which may threaten them. Althusser –The ideology is spread through ideological state apparatuses -Gramsci – hegemony – the ruling class, through dominant ideology, maintains power by persuading the working class to adopt ruling class ideology as part of their own beliefs and values, thus consenting to the idea, and not being forced. FEMINIST Patriarchal ideology Supports and tries to justify the power of men in a patriarchal society. Ideas are mainly concerned with protecting and promoting the interests of men. RELIGION – Like ideology, offers a vision and means of understanding and explaining the world. Ideas are not necessarily tied to the interests of one social group. -Giddens – Religion is â€Å"shared beliefs and rituals that provide a sense of ultimate meaning and purpose by creating an idea of reality that is sacred, all-encompassing, and supernatural†. -There are three main aspects to religion: 1) Belief in the supernatural and spiritual 2) Faith on the p art of believers – a strong sense of trust and conviction in theories not based on testable evidence 3) A body of unchanging truth – i. e Christ. All new discovers are fitted into these existing frameworks. Religion can be part of an ideology – a social group may seek to use religion for its own ends i. e Marx religion is the opium of the people. SCIENCE -Science and religion are often seen as competing ways of explaining the world -Science aspires to objectivity and value-freedom based on research methods producing explanations based on empirical evidence. -Science may in some respects be an ideology as it is subjective to social pressures and prejudices Popper- Scientific method involves: 1)Hypothesis formation – capable of being tested against evidence derived from systematic observation 2) Falsification ) Prediction – through establishing cause and effect relationships rooted in evidence. Theory formation – If the hypothesis is capable of being tested against evidence and cannot be shown to be false, there is confidence that it is probably true, and a â€Å"scientific truth†. 5) Scrutiny – by other scientists, will only stand until evidence is discovered to prove it false. This means that ideas and theories in science are not unquestionably accepted as in religion, but are subject to constant challenge. Researchers should aim not to prove their hypotheses true, but false, as no hypothesis can ever be proven true, there is always the possibility of a future exception. Swans. -If Popper’s approach is accepted, science may displace religion as there is no evidence to disprove that god exists, or does not exist, thus preventing the chance of these stages. Kuhn – Challenges whether scientists actually set out to falsify their theories in practice. Scientists work within a paradigm which colours their views of their research, i. e how to approach it. When scientists test their hypotheses they try to fit their findings into their existing paradigm, rather than attempt to falsify, dismissing evidence which contradicts them as experimental errors or freak conditions. Thus, what passes for scientific truth may be more often an act of faith in scientific values. Bruce – It is the scientific method, rather than scientific discoveries that has provided the greatest challenge to religion as a belief system, thus moving society towards modernity due to the growing concern with evidence-based causes and effects, rather than the search for meanings. In modern society, religious explanations and superstitions are replaced by scientific explanations as scientific ones re shown to be wrong. I. e evolution V creation. -When phenomena occur we are now much more likely to look for scientific explanations, rather than blaming the devil. I . e. Mother Teresa’s TB cure. Comte – Society went through 3 stages to get to modernity, changing human understanding from a religious to scientific explanation of the world 1) Theological – where phenomena are explained through the supernatural i. e gods. ) Metaphysical – supernatural is diminished, more emphasis on entities and forces i. e nature. 3) Positive/scientific – stages 1 and 2 are displaced by rational scientific explanations based on evidence, logical thought, and reasoning. From this Weber spoke about a growing ‘disenchantment of the world’ Postmodernity – Society is changing so rapidly that it is marked by chaos and uncertainty Lyotard’s metanarratives can no longer be applied or held up as truth, and each one is now just one story among others, claiming different versions of the truth. Science can no longer claim superiority as it has failed to find cures i. e cancer, and has created issues like MRSA, global warming and climate change. Many scientists have shown themselves to be serving the interests of wealthy corporations, thus influencing research and stopping it from being value free. Science has lost its authority in society – a belief in science is akin to the faith of religion. Science may not be objective as: -the values and beliefs of researchers will determine what they study Career aspirations lead to scientists wanting to prove hypotheses right -Funding, and location may influence what and how research is carried out Science has not displaced religion as of yet, many millions identify themselves with the major religions of the world, and show loyalty in extremes such as People’s Temple, where 913 committed suicide, and terrorist attacks in the name of their God. ALSO – Many still hold some sort of faith, i. e superstition, ghosts, good luck charms. Conservative force- Building and maintaining social solidarity and social stability -Protecting traditional values and the existing state of affairs in society -Maintaining the status quo in society which COULD include supporting social change in order to return to traditional values and ways of life that are at risk of disappearing. Force for change- Concerned with how religious beliefs and organisations can change society and move it forward. There is a danger of overstating the importance of religion in either context, as there are often a number of other social, political and economic factors which influence the nature and extent of religion’s role in society. McGuire and Robinson There are four major interrelated factors which influence whether religion acts as a conservative force or force for social change: 1. The nature and extent of religious beliefs – if most in society hold religious beliefs, and these beliefs have strong moral codes which conflict with feat ures of existing society, religion is more likely to lead to criticism of society, and attempts to change it 2. The significance of religion in society’s culture – if religion is a central part of culture I. E. Ireland’s Catholicism, religion is more likely to be used as a means of justifying behaviour and change. 3. The extent of social involvement of religion – in societies in which religious organisations and religious figures are close to and involved with the people, and play important roles in the political and economic lifestyle of societies I. E. Iran, religion is more likely to influence social change. The aspect of social involvement of religious organisations in affecting social change is likely to become of even greater importance in societies which lack democracy, as protest and change have to be fed through religion. 4. The degree of central authority in religious organisations – in societies where religious organisations have strong central authority, religion is in a much better position to promote change or prevent it I. E. Saudi Arabia or Ir an where Islam has a very strong central authority, effectively used to influence the extent of changes in society. CONSERVATIVE FORCE – Functionalism -Religion promotes social harmony, integration and solidarity, through the reinforcement of the value consensus. Concerned with analysing the role of religion in meeting the functional prerequisites i. e. society can only survive if people share at least some common beliefs about right and wrong behaviour Religion is part of the way of life of society, and it helps to maintain cultural traditions and establish the basic rules of social life. Durkheim- social order and stability can only exist if people are integrated into society by a value consensus. Religion is an important element in achieving this, as it provides a set of beliefs and practices which unite people together. -All societies divide the world into the â€Å"sacred† and the â€Å"profane† – religion relates to the sacred aspect of society, though not necessarily the supernatural. -Totenism- Durkheim found this when studying Australian aborigines, and thought that it represents religion in its most basic form. The totem is created by society, and is so sacred because it is a symbol of the group or society When worshipping the totem, people are really worshipping society. Religious beliefs such as totenism, and the ceremonies and rituals that go with them, act as a kind of social glue, binding people together and building bonds By sharing beliefs, giving themselves a sacred quality, people develop moral ties between themselves, thus a collective conscience that exists outside of individuals, but controls individual behaviour, and how members of a community relate to each other, i. . in ethnicity. Though religion builds collective conscience, the supernatural dimensions will eventually disappear, and other civil religions might take on this role. HOWEVER this might make it questionable whether we are still talking about religion, or just other ways people are integrated into society. Malinowski – Religion reinforces social norms and values, promoting social solidarity. Provides explanations for events that are hard to explain and gives security in the face of uncertainty. Fulfils a need for emotional security and relieves situations of emotional stress which threaten social solidarity and stability, such as times of suffering, death, or illness that produce anxiety and tension, or even disillusionment, uncertainty and loss of meaning as people encounter events they cannot explain or understand. Provides a source of comfort, explanation and meaning for individuals when faced by such circumstances i. e. funeral services, both in terms of beliefs in life and death, and the support of family and friends around them. Evidence such as church attendance soaring during wartime supports this. Parsons – The role of religion is providing and underpinning the core values of any culture, and the social norms which regulate peoples’ behaviour. The set of moral beliefs and values in religion may become so deeply ingrained through socialisation that it has an effect on the lives of believers and non-believers alike. i. e. if social rules such as killing, stealing, and adultery are broken, people feel a guilty conscience, thus making it a powerful socialising and controlling influence over the individual. Religion gives meanings and explanations, thereby enabling people to make sense of otherwise inexplicable and uncontrollable life crises which might threaten order and stability in society. Religion provides a mechanism of adjustment, thus providing a means of returning to some sense of normality -Functionalists downplay the role religion can play in social change -Religion can only fulfil the roles which functionalists state it does it people actually hold religious beliefs and practices. Religiosity is diminishing and there is growing secularisation in many Western countries, shown by dramatic declines in church attendance; less than half of the population now believe in God. -In contemporary society, it is hard for a common religion to bring people together as there is now a wide diversity in faith -More often than not religion tears people apart: religious based wars conflict in the same religion – sunni and shia muslims in Iraq conflicts between religions – the Indian warfare between Muslims . nd Hindus. .It seems that the stronger the religious belief, the stronger the sense . that other religious beliefs are wrong, heretical, or evil. CONSERVATIVE FORCE –Marxism According to Marx, religion is â€Å"the sign of the oppressed creature, the heart of a heartless world, and the soul of soulless conditions† -Religion is part of the dominant ideology -Althusser: religion is an ideological state apparatus, which spreads Gramsci’s view of hegemony -Religion has two main functions: 1. Religion as the â€Å"opium of the people†- Religion acts like a hallucinatory, pain-relieving drug, creating illusions among the oppressed which helps to maintain the power of the working class. -Religion eases the pain produced by poverty, exploitation and oppression in unequal class societies and help to overcome the effects of the alienation of individuals in capitalist society by providing some control, purpose and meaning in their lives. -Religion promises an eventual escape from suffering and oppression in this life with promises of an ecstatic future in life after death, making a virtue of poverty and suffering. If people believe that what happens to them is God’s will, and a test of faith to be rewarded in the afterlife, they are more likely to accept, or even welcome, their fate, not trying to change or improve their circumstances. Religion sometimes provides hope of supernatural intervention to solve problems on earth. I. E. Jehova’s witnesses believe that God will intervene and destroy the wicked on earth in the battle of Armageddon, and survivors will form a new paradise on earth. The promise for the future encourages people to not try and change things. 2. Religion legitimises and maintains the power of the ruling class – Religion is an instrument of social control and oppression used by the ruling class to justify their power and material wealth. -Religion provides a religious explanation and justification for inequality i. e. the Indian Hindu caste system – providing strict rules about how to behave in order for their body to be reincarnated to a higher level. If they don’t obey, their caste will be reborn onto a lower level. Inequalities are presented as being God-given and therefore legitimised and inevitable. The inequalities between rich and poor can’t be challenged or changed without questioning the authority of religion or God itself. In the past, religion has justified the power of kings – the ‘divine right of kings’. -religion can only act like opium if people actually take it – if people believe and if religion has an institutional power, which cannot be true as religiosity in contemporary Western society is declining. -Religion can act as a form of resistance to the powerful, and thus as an agent of social change I. E. Islamic fundamentalism- a vehicle for resisting Western cultural imperialism in their country by the Ayatollahs against the shah in the 1970s CONSERVATIVE FORCE – Interpretivist -Generally studies the meanings and interpretations of people in order to understand their behaviour -Religion is used by individuals to create meaning and interpretations of the world and of symbols. Thus religion can be used to manipulate peoples thoughts I. E. the shroud of turin, which in itself is an old piece of cloth with no meaning, value, or importance. – People have placed meaning on it for it to be special. Berger – Religion provides a universe of meaning that gives individuals a sense of meaning and explanation in the face of a chaotic world. -Religion provides a theodicy that gives meaning to and makes sense of seemingly inexplicable and fundamental questions about human existence I. E. the meaning of life, why poverty and suffering exist in the world. -Religion is a ‘sacred canopy’ that provides a shield for an individual and protects them from uncertainties, meaningless and pointlessness of life by helping them to interpret and make sense of the world and their position in it. By providing things that help make sense of the world such as Universes of meaning and theodicies, religion is contributing to the maintenance of social stability. -Berger argues that in modern society religion is losing its role for most people as the provider of a universe of meaning, being replaced by reason, logic, and science, thus creating growing secularisation and disenchantment with the world In the media saturated, globalised, post-modern society there is an increasing diversity and fragmentation of beliefs and lifestyles, thus meaning religion is losing its validity as a universe of meaning and theodicy. Thus, as Berger argues, the sacred canopy of religion has been lost, and religion no longer provides this source of meaning and morality. CONSERVATIVE FORCE – Religion as a compensator Stark and Bainbridge – examine the meaning and the functions of religion for individuals in society Religion meets the needs of individuals when their sense of social order i s disrupted by economic hardship, loneliness or grief Belief in God, religion and religious organisations provides a means for individuals to make sense of and come to terms with such events as well as answering fundamental questions. Religion acts as a general compensator, providing hope after death. Religion in some form or another will never disappear, as it provides answers to universal questions and offers general compensators meeting human needs FORCE FOR CHANGE –Weberism -To understand human behaviour it is necessary to examine the meanings people give to events and ideas, which can have important consequences for the way they think and act – religion is an important component of this. The evolution of new religious idea can stimulate social and economic change as people act in terms of their beliefs religion could be an important force in social change, including economic change. Calvinism Weber sought to explain why capitalist industrialisation developed first in Western Europe rather than in other parts of the world so studied Calvinism -Calvinist beliefs had an important influence on the development of an industrial capitalist economy and class. -Weber argued hat for capitalism to develop, both the normative conditions and material conditions were needed, and saw C17th Calvinism as producing the normative conditions which made the protestant work ethic which provided the ‘spirit of capitalism’ that encourage capitalist development According to Weber, Calvinism alone provided the rationality and religious ideology and ethics which encouraged the development of capitalist industry. Features of Calvinism and the Protestant work ethic 1. Predestination – their fate is already decided by God, but there is no way of knowing if you are a chosen one. The solution to this is to become involved in ‘intense worldly activity’. 2. The Protestant ethic emphasised values and virtues like hard work, thrift and modesty and the avoidance of idleness, time wasting, excessive sleep and self-indulgence. 3. Hard work and material success were seen as religious virtues and a likely sign of being one of God’s chosen, as was living life to these values. 4. Valued the pursuit of wealth and making money, and promoted the virtues of reinvesting profits back into the business rather than spending them on luxuries and self-indulgent consumption -Thus, a major reason why capitalist industrialisation developed first in Western Europe, as hard work, self-discipline and making money to re-invest and expand a business were not just part of a good capitalist business practice, they were also good religious morality according to the Calvinists. SOCIAL CHANGE – Evidence Bruce and Islamic Fundamentalism – consists of ideas based on the literal meanings of the words in the Qur’an and literal interpretations. Also a belief in and a return to the true form of religion, such as C7th Mecca. -Islam is a major international force for change late C20th and early C21st – American Twin Towers bombing London transport bombing Wars in Afghanistan/Iraq RELIGIOUS ORGANISATIONS -Various attempts have been made to categorise the different types of organisation through which people express and practice their religious beliefs. The typology is based on factors like structure, relationship with the state, and commitment required from members, based on the work of Weber, Niebuhr, Troeltsch, and Wallis. -The typologies are really ideal types, and no religious group will conform exactly to the categories outlined, and may infact combine aspects of each type, or develop or change over time. Much of the work is based on Western Christian religions, and therefore do not necessarily apply to other faiths. World-rejecting: in opposition to the world, reject many of the dominant norms and values of society, and replace them with alternative beliefs and practices. Members are likely to live their lives in different ways to other members of society World-accommodating: generally accept the dominant norms and values of society, and members will live similar lifestyles to other members of society World-affirming: accept society as it is, and offer individuals the opportunity for self-improvement within it. Members are likely to live similar lives to other members of society, apart from their interest in what many regard as deviant, bizarre, esoteric or obscure matters. Churches and Denominations –relatively minor differences, other than size, influence, and relationship to state. -both have a bureaucratic structure – a hierarchy of officials -Religious pluralism and growing secularisation means that many churches and . denominations do not expect or get a high degree of commitment. Churches and denominations are becoming more alike, more tolerant of other groups and . , and co-exist happily alongside eachother – thus, the idea of a ‘church’ may now be . obsolete, with the term ‘denomination’ more accurately describing religious organisations. Sects and Cults – tend to be seen as more deviant as they involve beliefs and behaviour that are seen as odd, weird . or bizarre, or a threat to existing society The terms can be used interchangeably, with the same group sometimes being classified as both. Barker- the terms sects and cults have such a stigma and pejorative attached to them that they .. have been abandoned altogether the mass media’s treatment of sects and cults means that they are associated in the popular . imagination with groups that are evil, controlling and manipulative, perhaps harmful and . rainwashing their members.

Regulation in the Financial Crisis 2008

Regulation in the Financial Crisis 2008 Introduction The US led global financial crisis that struck in 2007 and persisted through 08 and 09 adversely affected the stability of the global economy. The impact of the crisis escalated far beyond its point of origin (US) and affected the countries around the world while spilling over from the financial system into the real economy.Advertising We will write a custom essay sample on Regulation in the Financial Crisis 2008 specifically for you for only $16.05 $11/page Learn More The implications of the crisis were wide ranging and still difficult to conceptualize. This has led to extensive analysis of the financial crisis by policy makers and financial analyst in a bid to develop and formulate measures that would avert future crises and stabilize the global economy. While numerous claims have been put forth to explain the causes of the 2007-2009 financial crisis, there is almost a universal agreement that the major causes of the financial crisis was the c ombination of a credit boom and a housing bubble that took place in the United States. The post 2007 crisis consequently features the establishment of numerous regulatory initiatives offering diagnoses and presenting recommendations for financial stabilization. Through literature review, the research paper analyses the varying causes that the crisis has been attributed to, the policies which various major governments sought to implement in response to the crisis, the effectiveness and failures of such policies. The research paper further proposes the alternative areas of focus that may serve to avert future crisis in order to achieve consistent financial stability. Reasons for the 2007-09 global financial crises The decline in the US housing market resulting from the failure of sub prime mortgages and mortgage backed securities coupled with an ensuing credit boom marked the beginning of the financial crisis (Canster Cannex 2011). The housing market suffered a major blow as the major ity homeowners defaulted on the (sub prime) loans. As a consequence of borrowers defaulting on loans, the financial institutions faced a major challenge as they repossessed the property at a loss which led to a liquidity crisis in banks and their lending capacity was consequently diminished (Obersteiner 2011). In addition, there was lack of confidence by US investors which led to emergence of a credit crunch. The consumer confidence was limited due to widespread uncertainties in the economy. While the housing bubble and the credit crunch in United States has been widely attributed as the major cause of the 2007 financial crisis, a valid argument still stands that the crisis resulted from poorly regulated lending by financial institutions.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The collapse of major financial institutions led to widespread panic as governments across the g lobe struggled to rescue the major financial institutions in their regions from collapsing. The Australian government launched the stimulus packages which were aimed at rescuing the collapsing economy while the government of United States proposed a $700 billion rescue plan (Obersteiner 2011). This was met with substantial opposition by congressmen who felt that such spending of taxpayers’ money to rescue Wall Street investment bankers was not justified. Metodi Lazarov (2009) argued that if liquidity was the actual cause of the global financial crisis, then providing more liquidity through reduced interest rates that made borrowing easier would have been appropriate in solving the situation. He cites the ignorance of major financial institutions on their own business models of secularization as the major cause of persistent financial crisis. He further attributes the crisis to globalization, financial innovation and asymmetry of information (Lazarov 2009). Lazarov suggests th at the presence of liquidity effects increases the chances of systemic breakdown of any given connectivity between financial institutions which may have caused the crisis. While he agrees that the financial system contained the effects from the housing bubble, he emphasizes on the need for a new and advanced regulatory framework which will shape the financial systems in the future. Fiscal measures are also among the main reasons why investors ran into large risky market such as sub prime which has been cited as a major cause of the 2007 financial crisis. The US government’s move to issue mortgage backed securities coupled with the relative decline in prime mortgage set the stage for the onset of the financial crisis (Lazarov 2009). This saw a significant increase in sub prime mortgage lending which was not in adherence to the government and financial regulations. Further, nationalization of the Fannie Mae and Freddie Mac led to increased investor confidence which led to over reliance of market participants on government guarantees (Lazarov 2009). Responses of Major Economies to the Global Financial Crisis Australia In Australia, the financial crisis struck at a time when the local economy was suffering from massive inflation. In response to these challenges, the Australian government announced its stimulus packages worth $ 10.4b and the government further sought to guarantee the bank deposits (Canster Cannex 2011).Advertising We will write a custom essay sample on Regulation in the Financial Crisis 2008 specifically for you for only $16.05 $11/page Learn More The economic stimulus played a major role in improving the economy which was suffering from recession and incorporated government transfer payment to consumers which in turn increased sales especially over 2008 Christmas period. The government also provided assistance to various sectors in the economy such as the automotive industry since lenders had lost confidence in the market leaving banks as the only credit providers. As the condition of the economy continued to worsen in the beginning of 2009, the government announced a second stimulus package where the government injected $ 47 billion to boost the economy which was then allocated to ailing sectors such as education, housing, infrastructure, small businesses, as well as provision of cash bonuses (Canster Cannex 2011). Consequently, the country suffered less impact of the global financial crisis relative to other major economies of the world. Financial experts argued that the county’s economy was more insulated but evidence of general slowdown in the housing market, and unemployment was still evident in the Australian economy and some questioned the massive government packages claiming that they would haunt the country’s economy in the future as they seek to repay debt. United States In the United States, the financial crisis stimulated substantial debate regarding the governance o f global financial markets with the policy makers calling for the creation of a global financial regulator to monitor both domestic financial markets and ensure that other countries implement adequate prudential regulations (Zimmermann 2010). The 2007 financial crisis which set off as the US housing market collapsed offered no guarantee of US leadership in the creation and modification of suitable global financial standards. In deed, the US regulators faced major challenges in trying to focus on the international economy while its internal economy was falling apart. The early stages of the crises were therefore characterized by deep cuts in the US federal funds interest rates nationalization of Northern Bank UK, introduction of the term auction facility at the Federal Reserve, the take over of a major investment bank, Bear Stearns, among other measures (Obersteiner 2011). However, some of the interventions put forth only served to prolong the crisis rather than providing a solution to the situation. In December of 2007, the US government introduced the term auction facility which made it easier for banks to borrow from federal reserves (Taylor 2008). The measure was aimed at increasing the flow of credit in the money market through the reduction of interest rates. This saw a substantial reduction of spreads in the money market during the initial periods of its implementation but this trend only lasted for a short period of time.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The government’s temporary cash infusions implemented under the stimulus Act of 2008 which aimed at sending financial support amounting to over $ 100 billion to individuals and families in the United States was not successful either. Just like the liquidity facilities, the temporary cash infusions were not focused on dealing with the underlying causes of the financial crisis and since the rebate was financed through borrowing rather than money creation, the policy only served to intensify national debt (Taylor 2008). The failure of this policy was further intensified by consumer’s failure to spend as predicted by the permanent income theory of consumption. Consumer spending remained limited due to widespread uncertainties and the consumption was not jumpstarted according to the policy maker’s expectations which consequently increased income rather than consumption. The initial cuts in interest rates in 2008 which saw the federal funds rate target decrease to 2% presented a major challenge to an economy that was already struggling with a credit crunch. Slight reduction in interest rates would perhaps have been effective in rectifying the situation. However, this was only achievable if the interest rates cuts were much less aggressive. The sharp cuts in the federal funds rates led to the depreciation of the dollar which in turn resulted in plummeting of world oil prices evidenced by the doubling of prices from $ 70 per barrel to $ 140 in a period of one year (Taylor 2008). United Kingdom The United States credit crisis appeared as a foreign concern for United Kingdom in the early 2007 (Tindall 2007). However, in mid 2007, when BNP Paribas announced that it would be unable to withdraw funds from its hedge funds and Northern Rock requested for emergency financial support from the Bank of England, the effect of the financial crisis became a reality in the region. In response to the crisis, the Prime Minister Gordon Brown, Chancellor of the Exch equer Alistair Darling, and the Bank of England governor Mervin King sought to implement policies which were aimed at managing the global financial crisis that had hit the region’s economy. The measures included the nationalization of financial institutions and purchase of risky assets (Tindall 2009). The financial regulators in UK ensured that the value added tax was reduced from 17.5% to 15%, the pension for the aged was raised while the government introduced new tax breaks (Tindall 2009). A total of  £ 300 billion was injected into the economy in an attempt to salvage the situation while the bank interest rates were slashed to a historic 0.5 in March 2009 after the 50 billion pound rescue package failed to take effect in the preceding months (Obersteiner 2011). Effectiveness of International Regulation in Dealing with the Crisis The severity of the global financial crisis revealed major weaknesses in the international architecture for prudential financial regulation that has been constructed since the mid 1970s (Zimmerman 2010). While policy makers responded to the crisis through a flurry of ambitious initiatives to reform international standards and strengthen the international regulatory regimes, the questions remain as to whether the regulation of global finance will safeguard the global economy against such crisis in the future and to what extent the financial regulation system should be changed in response to the crisis. This would only be effective if applied on a global scale since the regulations may impose a greater cost on domestic firms than foreign markets resulting in disequilibrium. It is evident from the severity of the global financial crisis that there are substantial weaknesses in the international financial regulation mechanism. Consequently, the aftermath of the crisis saw the formulation of numerous reports and regulatory initiatives which were published by national regulatory agencies, financial industry associations and inter national standards setting bodies. The financial stability forum further integrated these initiatives into a unified international coordinated response which was released in 2008 and incorporated over sixty recommendations to the crisis. While the policy presented through the financial stability forums were quickly endorsed by the G7 among other major international bodies, the effectiveness of the recommendations in the long run remained in question. Since the international financial regulation has emerged in response to the power and interest of the world’s major economies, most of these policies favoured the sectors where leading states could reap benefits while the areas where they would incur greater costs were narrowed in scope. Consequently, the measures proposed served to benefit the major world economies and continued to economically oppress the developing economies. In the analysis of the 2007 global financial crisis, the lasting power of US and Britain economies glo bal financial regulation should be critically analyzed. This is because the domination of these countries in the global market has adversely affected the global economy due to the fragmented, weak, and exclusive institutional context that has emerged in the recent past. Indeed, David Singer agrees that the central role played by United States in the global economy requires able leadership and ambitious regulatory regimes in absence of which results in increasingly vague principles and guidelines which puts the future of the economy at risk (Zimmermann 2010). Elliot Posner further observed that the European Union was very eager to use their economic influence to export EU models to the international level during the crisis (Zimmermann 2010). The fact that the financial crisis hit at a time when the European Union had increased its capacity to influence international regulatory outcomes due to intensified regional integration and its increasing financial market size further raises a l ot of concerns regarding the effectiveness of these economies in international financial regulation. Governments and policy makers should therefore aim at ensuring the shift of power from major economies by diminishing the role of US and British financial markets and major firms in international regulation and putting less emphasis on their financial power which stems from the reputation of New York and London financial centres (Zimmermann 2010). Although the East Asia and other emerging powers are not ready to take on the leadership role in international regulation politics, their active contribution to international regulation seeks to challenge the status quo and are more critical of the existing international standards in banking regulations which may lead to reforms necessary to ensure future stability of the global economy (Zimmermann 2010). Domestic Policies and the Financial Crisis Past literature has revealed that when the domestic societal actors are engaged in debates abo ut international financial regulation, the scope is often narrow relative to other economic areas such as trade politics (Zimmermann 2010). This is primarily due to the complexity of issues involved, the consequences, and an institutional context that in most advanced countries gives financial analysts and regulators considerable autonomy from domestic interests and legislative assemblies. Societal actors who take active interests in constructive international financial debates are financial market participants who are directly affected by international regulations. These actors are mostly concerned with adjustment costs of new standards and view international regulation coordination as a means to gain access to a greater market share. Consequently, they often oppose intrusive regulatory measures and support market driven solutions which limits the efficiency of measures presented to solve the financial crisis. Domestic politics have indeed played a major role in the financial crisi s with the large scale use of the tax payers’ money to rescue financial institutions being used as a tool for politicizing financial regulations especially in the United States and Britain. Consequently, domestic politics unleashed pressure in favour of stronger regulation policies and increased the involvement of legislative bodies in financial regulation (Zimmermann 2010). Consequently, the severity of the 2007 financial crisis demanded the generation of new kinds of regulations for defensive reasons at a time of weakened political legitimacy and for improvement of industries, confidence restoration, and increasing market share. However, the politicization of financial regulation in Europe had an effect of weakening the association between European Union policy entrepreneurs and multinational financial firms which hindered the effectiveness of such policies in solving the financial crisis. Conclusion and Recommendations The global financial crisis of 2007 adversely affected the global economy leading to a recession. While many causes have been put forth to explain the reasons for its occurrence, the housing bubble and the credit crisis in the US have been cited as the major causes of the crisis. In order to reduce the likelihood of such crisis from occurring in the future, much emphasis has been put on increased international financial regulation. However, the appropriate policy response to the crisis extends beyond tougher international regulations to smarter requirements combined with effective political and financial leadership (IMF 2009). This is because as evidenced in the crisis, the banking sector which is already highly regulated proved vulnerable to the systemic shock which has been attributed to lack of coordination and adequate communication in the sector. Consequently the government and financial regulators should aim at restoring the market disciplines, address the fiscal risks posed by systemic institutions, and restoring the level and q uality of bank capital in order to avoid such crisis from occurring in the future (IMF 2009). In addition, the role of international financial regulation should be delegated to both major and developing economies in order to promote efficiency and avoid conflict of interests. Reference List Canster Cannex, 2011. Global Financial Crisis-What Caused It And How The World Responded? Web. International Monetary Fund, 2009. Global Financial Stability Report: 40095. Washington D. C., International Monetary Fund. Lazarov, M., 2009. The Global Financial Crisis 2007-2008: Crisis of Human Knowledge and Government Intervention. Web. Obersteiner, T. Schemes To Asset Relief Measures and Restructuring Plans: EU State Aid Policy And Banking Institutes During The Financial Crisis. Germany, GRIN Verlag. Taylor, B. J., 2008. Financial Crisis and the Policy Responses: An Empirical Analysis of What Went Wrong. Web. Tindall, K., 2009. Framing the Global Economic Downturn: Crisis Rhetoric and the Politics of Recession. Australia, ANU E Press. Zimmermann, H., 2010. Global Finance in Crisis: The Politics of International Regulatory Change. New York, Taylor and Francis.

Thinking Critically Simulation Essay Example | Topics and Well Written Essays - 750 words

Thinking Critically Simulation - Essay Example Notwithstanding the Faith Community Hospital has a number of different problems we systematize them by subdividing in four units: Critical Thinking Case Study Analysis is made in order to solve all this problems by analyzing and evaluating alternatives, making right decisions and recommending a plan for decisions implementation. There is no doubt that good decision making is an essential skill for business success generally, and effective leadership particularly. As you know "decision making is the cognitive process leading to the selection of a course of action among alternatives that produces a final choice called a decision that can be represented as an action or an opinion2". It is evidently that the decision making is a complex and many-sided process. That is why aiming to fine a write decision it is very important to take into account and use certain critical thinking components. On making Critical Thinking Case Study Analysis we based on decision making steps using decision making worksheet and problem solving tools and techniques. After identifying each problem we analyzed it following the steps: With the aim to evaluate the proposed alt... After identifying each problem we analyzed it following the steps: Definition of objectives; Addressing problems effects; Addressing problems causes; Framing the alternatives; Evaluating the impacts of the alternatives; Making decision; Implementing decision proposing the appropriate plan; Measuring the impacts of the decision. Using the decision making worksheet was very efficient as it gave an opportunity to observe the entire problem image and to conduct a full-scale research. With the aim to evaluate the proposed alternatives for the Faith Community Hospital problem salvation we used elements of certain technique called Force Field Analysis, a technique developed by Kurt Lewin, - a 20th century social scientist - as a tool for analyzing forces opposed to change. It should be mentioned that "qualitative change will always be opposed by restraining forces that are either too comfortable with the status quo or are afraid of the unknown. In a competitive global market where constant innovation and continuous improvement are the driving forces that keep businesses running, identifying those forces in order to assess the risks involved and to better weight the effectiveness of potential changes becomes an imperative"3. Using this technique helped us to make the best decisions possible with the information you have available and to choose the best course of action to take. The major key points in the simulation that should be emphasized are as follows: The question of vital importance for the Faith Community Hospital is working out a new mission statement that will result an effective implementation of new Faith Community Hospital policy and increasing

Strategic Management for AIB Case Study Example | Topics and Well Written Essays - 3000 words

Strategic Management for AIB - Case Study Example The significant difference of AIB's entry into the Polish market compared to its activities in the English-speaking countries of Ireland, UK and US points to this. Whereas the UK and US market entries were planned as niche-marketing strategies, the entry to the Polish market was opportunistic. It is questionable whether the diversity of the expansion that it undertook was underpinned by a real understanding of its own capabilities. In this sense, AIB's strategic management, while demonstrating flexibility, also lacked other desirable characteristics such as harmonisation, and concentration and coordination of resources (Thompson 2005) AIB's realisation that niche marketing would be a strong marketing tactic outside of Ireland is an indication of certain marketing strengths within the organisation. Coming from a generalist banking position within its country of origin, Ireland, AIB correctly avoided the trap of trying to be a generalist contender in other countries in Europe, especially as legislation at the time made it difficult for most banks to be a force outside of their own national boundaries (Johnson & Scholes 2007). AIB's niche marketing and beachhead strategy in the UK was an example of entrepreneurial marketing inspired by the understanding of focusing on one sector to differentiate their presence and to clearly position AIB in the UK (Ries & Trout 2001). Its move to replicate a successful UK model was a natural one. The US market was almost an order of magnitude bigger than even the UK market and the language was once again English. AIB had the sense to see that a further beachhead could be the Irish e xpatriate community and exploited this possibility successfully (Moore 2002). However, its failing once again in strategic management may have been in not recognising the fundamental differences in the US, already strongly deregulated compared to Ireland, the UK and Europe. The "halo effect" of a positive start in an specific context (serving the Irish community in the US), the unjustified assumption that speaking the same language meant playing by the same rules and omitting to take account of a substantial difference in distance and time zones may have been the factors that led to a markedly hands-off attitude by AIB Group in Dublin. Choice of strategy here was sub-optimal in terms of efficiency and communication, even if AIB managed to preserve the distinctiveness that had already served it well (Thompson 2005). The strategic management methods of AIB relating to its US operation of AllFirst seem all the more curious when compared to the way that the entry to the Polish market came about. AIB had had significant management involvement in Eastern Europe, admittedly as "position filling" initially for the World Bank, but which developed into a network of coordination and control, and possibly of management development (Harzing 2001). It was this network that was instrumental in the opportunity coming about to twin with a Polish Bank. With this management strength that was the result, AIB was in a natural position to reinforce control and beneficial exchange with its US operation. However it took the Rusnak trading scandal with AllFirst to open

Piagets Theory Of Cognitive Development

Piagets Theory Of Cognitive Development Jean Piaget was a Swiss development psychologist who was known for his work on epistemological studies. He is known for his major theory in the area of cognitive development. Cognitive development is a field of studies that emphasised on the neuroscience and psychology aspects of an individual. Development can be seen as process that takes part in every living human starting from bodily level up to cognitive level. The Websters Dictionary defines development as the series of changes which an organism undergoes in passing from an embryonic state to maturity. It is continuous process of expanding or becoming more advance in pursuit of new purposes. Cognitive best can be described as a process involved thinking, acquisition and storage of knowledge at the mental level of a brain. According to Piaget theory, our thinking process changes radically, because we constantly strive to make sense of the world through our senses, perception and experiences in life. (Woolfolk, 2011) According to Khanna (20l0), development in wider context is a progressive change to a greater maturity supported by physiological capacities and psychological capabilities. These changes can be further subcategorised into physical, emotional and intellectual. There are few general principles of development that occurs in all normal individuals. Development occurs at different rates in different individuals. This can be seen quite clearly during the infancy stage. There are cases where some babies start walking later that the expected age of 12 months. This normally can be seen in male babies and I personally can vouch for this statement as my own son; Pratham started walking only when he was 14 months old. Development is a continuous process. Development is continuous process as a child acquired new skills, these skills are added to the pre existence skills in a child and there is no stopping for further acquisition of skills as the child grows. This finding is best describes by the developmental stages theory of Piagets. During sensorimotor stage, a child learns by touching, association and imitation. This phenomenon can be seen clearly when a child repeats patterns in his play such as putting or taking an objects inside or outside a containers. This finding is further supported from a research that was done by Arnold Cath (2003) on a child named Harry. Development occurs in sequence of predictable and orderly stages. It is a known fact that human life is divided into few predicable and orderly stages which is expected of every normal individual in social settings. Robert Havighurst, an American educationalist introduced developmental tasks that characterise six development life stages from infancy and early childhood to later maturity. Another interesting theory of development was coined by Erik Erikson, popularly knows as Psychosocial Development. The main element of his theory emphasis psychosocial process, that development is subject to internal psychological factors and external social factors. This theory looks at eight stages of human life also knows as eight ages of man. According to Sugarman (2004), Erikson theory centre specific issues to resolve by an individual at given stage before moving to the higher stages per below table. Approximate age Issues centre around Important Event in Life 0 1 year Trust Feeding 1 6 years Autonomy Toilet training 6 10 years Purpose Independence 10 14 years Competence School 14 20 years Identity Peer relationship 20 35 years Intimacy Love relationship 35 65 years Generativity Parenting/Mentoring 65 years above Integrity Reflection and acceptance of ones life Development is influenced by heredity Each of us begin life at the moment of conception and hereditary traits are passed from parent to offspring through strings of microscopically small particles knows as genes. Therefore we are different from each other and development of individual is contributed largely by hereditary. According to Blackburn (2000), hereditary traits are transmitted by dominant genes over the weaker ones; an example of a disease that can be transmitted through hereditary is Diabetes. Development is influence by environment There is no denying; environment plays a very big role in human development process. Environment in this context covers social setting, cultural setting and language setting. Vygotskys believed that human activities take place in cultural settings and has a great influence on cognitive development. Vytosky assumed that cultural development appears twice, first on social level (interpsychological) and later on individual level (intrapsychological). For example an Indian child who is born in United States will have different perspective of things compare to an Indian child born in India due to differences in culture and social settings. Indeed, Piagets theory of cognitive development to certain extent has helped teachers to design or tailor made teaching materials to suit learners level of cognitive development but there are others factors too determine effectiveness of learning such as students readiness or motivation level. Piaget proposed theory can be divided into four stages: Sensorimotor, Preoperational, Concrete operational and Formal operational. Piaget emphasised more of the biological maturation of cognitive abilities for each stages. In order for us to understand better, Piaget stage development theory, we need to look closely at changes that happen in various stages proposed by Piaget. Sensorimotor stage The earliest period is called the sensorimotor and begins from birth to two years old. According to Richardson K (2010), infants enter the world with set of simple coordination which we called reflexes. One example of this is the sucking reflex when a child nurses from the mother. Later, when the infant is growing up, his reflex actions will be translated to goal-directed actions through several repetition activities. At this stage, a child develops object permanence, the understanding that objects exist whether they perceive them or not. During this time also, a child learns through imitation from his pre-exist surrounding. Preoperational stage This second stage of the theory is known as the preoperational stage spanning from the period of two to seven years old. According to Axelrod (1999), children are able to manipulate environment symbolically through inner representation by using word, gestures, images and signs. There is drastic development in language and thinking skills. Piaget believed at this stage a child is moving toward mastery but has not fully mastered the mental operations. Another unique characteristics developed during this stage is Egocentrism. The concept of egocentrism means children see the world from their viewpoint and not able to consider other peoples viewpoint. Concrete Operational stage This stage spans from the age of seven to eleven years old. At this age, a child has developed mental operations that allowed them to see and treat the physical world in logical and systematic order. A child at this age is able to provide justification by mastering conservation. According to Mitchell (2004), Piaget had indentified three important operations in conservation process: i) Compensation: Changes in one direction can be compensated by changes in another direction. ii) Identity: If nothing is taken away or added, the material remains the same. iii) Inversion: If the entire process is reversed, the quantity of the materials remains the same. At this point, a child is able making an orderly and sequential arrangement of an object based on size, weight or volume. This process is known as seriation which enable a child to construct logical series such as arranging object from small to large or vice-versa. Formal Operation stage This is the last stage of Piagets developmental theory. This stage ranges from eleven years to adulthood. According to Mitchell (2004) formal as used by Piaget mean well-mannered etiquette. Children at this stage, capable of systematic reasoning about things which take hypothetical form without having to see concrete objects. Students at this level are able to solve science experiments such as the pendulum problems. They are also able to solve algebra problems by using deduction method to derive at certain value. Adolescent at this age, exhibit a phenomena known as adolescent egocentrism. According to Stuart-Hamilton (2006), study conducted by Piaget examined, egocentrism does not refer to selfishness, rather a childs immaturity that whatever he or she can see is the viewpoint of everyone else as well. This is the feeling that they are the centre of attraction and leads to false sense of security, eventually increasing risk taking behaviour like participating in illegal racing, exper imenting with drugs and having unprotected sex. For teachers to fully understand and incorporate Piaget theory into teaching methodology, a teacher need to accept cognition is a process of adaption. According to Meadows (1986) based on Piaget theory, a child actively trying to make sense of the world by adapting to its environment. It proceeds via twin functional invariants of assimilation and accommodation. Before discussing further on assimilation and accommodation, ones need to understand schema first. Schema is a Greek word which means frame. Piagets believes schemas are the basic building blocks of thinking. It is representation of perception and experience of organized systems translates through action. Schemas can be very small or specific, for example cooking pasta. According to Roeckelein (2010), assimilation from Piagets theoretical viewpoint means incorporating new or modified ideas and concepts into a childs existing cognitive structure. Accommodation refer to the childs modification of ideas or concepts of the world in response to new experience that are inconsistent with previous knows idea or concepts. In another word, a person must change existing schema to respond to new situation. Every child in learning process strives to achieve state of equilibration. According to Woolfolk (2010) based on Piaget work, assimilation and accommodation can be viewed as a balancing act. Once the child is able to understand and registered new information in his schema, he achieved the equilibrium stage. Disequilibrium happen when current ways of thinking not working in solving a particular problem, thus the act out of balance occurred. In order for me, to plan an activity that promotes assimilation and accommodation, first I need to do some homework regarding the student Im going to teach. I need to find out their age and prior learning knowledge. For this activity, Im going to device an activity targeted for form one student (13 years old) conducting a lesson on compass direction (geography). It is easier for me to access their prior knowledge, as I have taught them at primary six during Kajian Tempatan period. The students already have basis knowledge of main compass direction (East, West, North and South)- Cardinal direction. Keeping in mind that my students are at formal operational stage which requires plenty usage of visual aids. Therefore in my lesson planning, I will have illustration of slides, diagram and video clipping when presenting new material. I will normally start my lesson by showing a short video clip about a sailor lost at deep sea. This is my normal practice for breaking the ice with students and gauges their interest in the lesson. Randomly I will pick up few students to analyze the video clipping. At this point, many of the students will be able to give the answer Im looking as students at this level are able to think hypothetically. Then I will ask them about their previous learning on this matter, which is compass direction. I will call a student to draw basic direction diagram on the board. In this way Im refreshing their memory to what they have learned during the primary years. Then I will show them a new power point slide on additional compass direction. (North East, South East, South West, North West) Ordinal direction. Compass direction is the schema already exists in student mind. Here, assimilation happen when students fit new information into existing information. Existing information is prior knowledge, which is cardinal direction and new information is ordinal direction (red colour). If you look at the below model, the students did not change their existing schema, rather incorporated new learning to prior learning experiences. Assimilation model NEW KNOWLEDGE PRIOR KNOWLEDGE SCHEMA W S N E NW NE N W Compass Direction E SW SE S ASSIMILATION ORDINAL DIRECTION CARDINAL DIRECTION Teaching the same students, from understanding basic compass direction, the next higher level of learning will be measuring degrees using protractor. Based on their prior learning, protractor was used in their mathematic subjects to find certain angels values. Here the student will faced certain degree of disequilibrium as current way of thinking, using protractor the mathematical ways will not solved problems in geography lesson. This required student to change existing schemas to respond to new situation, thus accommodation is taking place in students learning. In Mathematic, students are required to place the protractor horizontal ways to find value of angel, but in Geography students are required to place protractor the vertical ways to find degrees value. If you look at below model, the students have to change existing schemas to accommodate new learning. Accommodation model EXISTING SCHEMA Mathematical way NEW SCHEMA Geographical way Piagets development theory to certain extent can assist teachers to design teaching in delivering lesson but how effective the learning took parts would be another major concern for teachers. Piaget theory only proposed that learning occurs after development, but in certain cases, children are able to learn at earlier developmental stages. Piaget theory also fails to look at learner motivation which I personally believe is a very big factor in effective learning. Teachers as an educator plays the role of facilitator in imparting information, students on the other hand need to be more accountable of their own learning. There need to be a paradigm shift from teacher centric learning to student learning centric at school level in order to produce world class student.

Development of Tourism in Sri Lanka

Sri Lanka is an island in the Indian Ocean, also often called the â€Å"The Pearl of the Indian Ocean†. Tourism in Sri Lanka has had its ups and downs. Such things like the civil war is now over, but for the past thirty years that the war was ongoing, a lot of people feared to travel to Sri Lanka and the devastating 2004 Indian Ocean tsunami . But despite all these events, the tourism in Sri Lanka is still one of the major profit generating industries. Sri Lanka may be a small island, but it has a lot to offer. From its beautiful beaches, to their exotic foods and diverse cultural heritage.The tropical weather in Sri Lanka is all year round except for the monsoon season which usually ranges from mid-year to the end of the year. Foreigners visit often to be in the warm weather. Sri Lanka has so many beautiful beaches that are still untouched and not commercialized. Over half a million tourists came to Sri Lanka in 2006. Other up and coming tourist attractions are precious stone mining in Ratnapura, â€Å"The Gem City† as it is known and also ecotourism. Travelers today like the idea of travelling while also doing their part to help preserve the environment.Buddhism has the biggest influence in molding Sri Lanka’s diverse cultural heritage and also a big factor in drawing in the crowds to Sri Lanka. From temples, relics, religious landmarks and Ayurveda. Sri Lanka has started its campaign on ecotourism and spa-like ayurvedic treatments, banking on the diverse flora and fauna found there. No matter what natural disaster or civil war comes upon Sri Lanka, its beauty and purity have made its mark on the world. There is no doubt that Sri Lankan tourism today is expected to reap the benefits after thirty years of struggle and the tragic tsunami, with hope and bright prospects on the horizon.

Teen Homlessness

Public Speaking Persuasive Speech Outline Imagine If You Didn’t Know Where You Were Going to Sleep Tonight Introduction: â€Å"If you don’t know where you’re putting your slippers at night, you can’t do algebra†. According to the National Coalition for the homeless, one out of every three homeless persons is under the age of 18. Between 1. 6 and 1. 7 million people under the age of 18 will experience homelessness this year alone.A homeless youth is someone who is 21 years of age and younger who is unaccompanied by a parent or guardian and is without shelter where appropriate care and supervision is available, whose parent or guardian are unable or unwilling to provide shelter and care or who lacks a fixed regular and adequate nighttime residence. Thesis: Tonight I want to speak to you about the problem of homeless youth, and what you can do to help these teens. Body: I: The truth about being homeless You don’t always see homeless youth. They aren’t all â€Å"living on the streets† their living in cars, their couch surfing, their sleeping in peoples hallways or stays at friend’s houses. * It’s the youth that can’t get help because their under 18 and you have to be 18 to rent an apartment unless you’re emancipated. Most landlords won’t rent to teens based on the assumptions about age and irresponsibility and few have never rented before and have no previous landlord to list as references. . * The biggest problem for most youth under 18 is they don’t have the finances to afford an apartment.Most 1 bedroom apartments go for about $400 – $800 a month. Why are they Homeless? * Some leave home because of parents fighting * Domestic Violence * Physical Abuse, Sexual Abuse, Mental Abuse, Emotional Abuse * Parents done take care of them There are so many reasons why teens leave home. Sometimes they have no other choice to leave home. II: Statistics * As of January 200 9 there were 132 homeless teens in Lewiston High School, 32 homeless teens in Auburn High School and 52 teen enrolled In the Ace Program. That’s 215 homeless teenagers. Most of the youth that are homeless suffer from severe anxiety and depression, poor health and nutrition and low self- esteem. They also suffer from other mental health problems and most have substance abuse issues, as well as age – appropriate development and behavioral disabilities. Many are survivors of abuse, neglect, and violence. * Homeless youth often lack life and social skills necessary to, for example, take care of themselves well, maintain personal relationships, and hold a job as well as maintain an apartment. Over 60% of the youth that use any of the New Beginnings Programs have a mental health diagnosed. Now that I have explained to you the real reason why teen are homeless let me show you some ways that can help out these teens. III: Places who help youth * Lewiston and Auburn does have N ew Beginnings Shelter (491 Main Street) that can help teens from the ages 11 – 19. They have 12 beds and you can stay there for a maximum of 3 weeks depending on your circumstances. It is considered a â€Å"dry shelter† which means you are not a loud to use drugs or alcohol during your stay.They operate 24 hours a day and offers programs and supervision during the day. * New Beginnings Transitional Living Program (597 Main Street) provides housing and supportive services to help youth ages 16 – 19. They help youth learn and develop skills to live independently. These apartments have 24 hour on site staff supervision. * New Beginnings Community Living Program (436 Main Street) helps teens 18-22 provides then with an apartment which they may have a roommate living with them. Also provides case management and helps develop living skills.Youth have to be in school or working towards their GED or be working to stay at the CLP. New Beginnings also has Community Living Program in the Farmington and Augusta area. * Volunteers of America’s Lewiston – Auburn Homeless Youth Program is an outreach program that provides case management services to connect youth with safe housing and resources. As with the CLP you have to be in school or working toward their GED. VOA recently received a TLP grant and plans to provide scattered site apartment transitional living in he future. * New Beginnings Outreach Program (245 Lisbon Street) is a drop in center for youth ages 14-21 who are homeless or at risk of becoming homeless. The drop in center, open Monday through Friday in the afternoon, provides meals, laundry facilities, and supplies and clothing. For youth on a tight budget, these services can help them save money to put towards rent and bills. Other services they include are group activities, case management, help finding housing, referrals to other community resources.This morning I have giving you why the teens in Lewiston Auburn need your help. I have talked about the possible reasons why they are homeless; I have given you some statistics about the homeless in Lewiston and Auburn High School and told you about the places that help the youth here in Lewiston and Auburn. I am passing out a list of things that you can donate and the place that you can donate then to. I hope when you do your spring cleaning here in a few weeks that you remember those teens that are out there in the towns that you live in and think say I can help them.