Tuesday, September 24, 2019
The Role of the Clinical Nurse Specialist as an Advance Practice Nurse Research Paper
The Role of the Clinical Nurse Specialist as an Advance Practice Nurse - Research Paper Example The operational scope of clinical nurse specialists is wide, and this offers them a wide scope of coverage in their service delivery. The spectrum of operation includes dealing directly with patients, nursing personnel and the wider organizational structure of management concerned with issues of policy formulation and research implementation. The clinical nurse specialists may thus participate in the direct care of patients or engage in indirect care processes, which affect the care of a wider part of the patient population. Therefore, a clinical nurse specialist could take part in patient evaluation in one instance and in the next instance be part of a team building or overhauling a unit of healthcare professionals by making policies and recommendations on new evidence-based incorporations. The role of the clinical nurse specialist pervades the whole healthcare continuum, which includes interaction with the three important elements of the care system including the patient, nurse and system. These spheres overlap in the care continuum, and the roles of the CNS reaches all these spheres in an effort to improve nursing care and patient outcomes (Newhouse et al., 2011). The only difference in the operational set up is that the roles of the clinical nurse specialist vary subtly as s/he moves from one sphere to another in particular practice instances (Canam, 2005). Purpose of the Clinical Nurse Specialist as an Advance Practice Nurse The
Monday, September 23, 2019
Ancient Egypt Essay Example | Topics and Well Written Essays - 250 words
Ancient Egypt - Essay Example Just like any other style quality, both sculptures have a meaning to the people of Egypt. The social statue figures make a difference in the lives of the Egyptians by serving as memories of their traditions. Any portrait is made for the purposes of religion, political or social use. Hence, all the carvings have a meaning to a specific group of people that they were made for (Swetnam-Burland, 2014). Public display translates to the social position and affiliations of the people in Egypt. Mankaure and his queen portrait, for example, serve as a remembrance of the Old Kingdom royal to the people of that dynasty. The Narmer pallets represent the political and social classes of the people. Both scriptures depict power in their style. Another similarity is that the two scriptures represent the start of a new thing in Egypt. While Mankaure represents the Old Kingdom, Narmer pallets present the beginning of art.
Sunday, September 22, 2019
Cell Theory and Knowledge and Understanding Essay Example for Free
Cell Theory and Knowledge and Understanding Essay Explain how the advance in technology allowed the progressive accumulation of knowledge and understanding of the cell theory The technological advancements, in the scientific field, have opened opportunities for scientists to accumulate knowledge and understanding of the cell theory and have thus provided justification to the living organisms that exist. Notably, prior to the proposal of the cell theory, limited knowledge and understanding of what humans comprised of was evident and thus the theory of spontaneous generation was brought forth. This theory, which has been disproved by Virchow in 1855, suggests that living matter arouses spontaneously from non-living matter. As a consequence of limited technology, many people believed this theory as technological inventions like the light compound microscope, which showed life, were non-existent at the time. Evidently, in 1665, Robert Hooke, an English scientist, invented his own compound microscope and observed the cellular nature of the cork. The topic of cells was brought forth and from this moment, in 1674 Leeuwenhoek viewed microscope animalcules and in 1838, Schleiden and Schwann produced the cell theory, stating that all living things are made of cells and cells are the basic unit of organisms. Moreover, the technological introduction of stains were developed and assisted scientists to efficiently see cells and their internal structures. This staining technique, as a result of technology, created a contrast between the transparent material and its background, presenting a clear image of the cell. Therefore, through the technology advancement in staining techniques, the processes of the cells and nuclear division of the cell were visible. Significantly, towards the end of the 19th century, compound light microscopes had been developed to a point where the resolving power of microscopes was diminishing, with difficulty in separating objects. The next scientific breakthrough was evident as a result of the invention of the electron microscope, in 1933, which had a magnification of up to one million times and can show detailed images of internal structures. Thus, the accumulation of knowledge of the cell theory being radical, present the idea that the advancement of technology has had a tremendous impact on the cell theory.
Saturday, September 21, 2019
Code of Ethics and Safety in Engineering
Code of Ethics and Safety in Engineering Abstract With a safe product, we have no worries of using it because there is no risk that going to occur. But we must know that nothing in this world is perfect. Any accident can happen to any one of us out there. Engineer always involve themselves with design and creation of new things which demand for a good quality and safer product. Safe Design must comply with the applicable law, requires knowledge and capability, must attempt to foresee potential misuses of the product, must meet standard of accepted engineering practice and must verify every final design. After the process that being followed by the engineer themselves, so it is up to the user to use it in the right way. This project is expected to give awareness to the engineering ethic course student on the term risk, safety and accident in the real world. INTRODUCTION What can we say about Engineering Code of Ethics in this topic? To be simple, it is related to the engineers to produce products that are safe for the society. It is also important that they are the main role in preventing accidents of their invention. We must know that nothing can be 100% safe and perfect, but still engineers are required to make products as safe as reasonably possible.[1] Firstly, we must know that safety is about freedom from the occurrence or risk of injury, danger or loss. So, engineers have to follow the process or designing his product in order to make it safe as possible. Safe design is a process of hazard identification mainly at the design stage or controlling risk as early as possible to health and safety in the planning and design of products, systems or process. Through risk assessment, design option will be generated to eliminate Occupational Health Safety (OHS) hazards or to minimize OHS risks of injury to those who make the product and to those who used it.[3] In response to societal demands for safer products and workplaces, governments, businesses, engineers and others who are involved in innovation are requiring that safety be a fundamental principle in design. Design is a fundamental engineering activity. Engineer always involve in design, development and creation of new or improved products, process, systems and services. Hence, quality and safety in design should be fundamental in engineering concerns, not only to ensure that the code of engineering ethic is to be practiced but also to maintain a good reputation in engineering profession for better sense to develop products, processes and systems.[3] Safe design plays a big role in design objective, including practicability, cost and the functionality of the designed-product. Safe design is the process of successfully achieving a balance of these objectives. To ensure a total safety in a design, safe design needs an understanding of the each stage in the life of a designed product, starting with the initial conception to the end life of the product. Poor design can result in low productivity, higher maintenance, higher employment and workers compensation expenses and reduced asset life. These economic costs are in addition to human costs of injury, illness, disease and disability.[3] As we all know that accidents can always occur in anytime. It is usually happened on the user itself although the product that being used is already being design in term of safety and the usage too. It is case to case basis situation. It depends on whom to be blame. It may seem that engineers sometime bear no responsibility for any accident that happened. However, engineer must understand that the system or products that he is working on and to attempt to be creative in determining how things can be designed to avert as many mistakes by people using the technology as possible.[1] As we design something, we must also consider the manual and procedure for the use of the device or technology of the design. It is for the user itself. Engineers have to follow the design rules and in fact they have to pay the risk by designing something so that any accident can be averted. By generating the owners manual, maybe the user can use the device or the technology in the right way and it also can reduce the chances of getting any accident that can lead to death or injury. So engineers are born to help the people in the world by inventing the advance technology and designing it with the prospect of safety too. SAFE DESIGN CRITERIAS 1) Safe Design must comply with the applicable law All the design must meet their specifications and standards to ensure a good and safe design. Federal safety laws are different for each departments or industries. For example, International Maritime Organization (IMO) has an important part to play for adopting legislation for ships. IMOs safety legislation deals with the ship and passenger while The SOLAS (Safety of Life at Sea) do concern with passenger safety and with lifesaving equipment on passenger ships. While for electrical field, The National Electrical Safety Code (NESC) is a set of rules to safeguard people during the installation, operation, and maintenance of electric power lines. The NESC contains the basic provisions considered necessary for the safety of employees and the public. Although it is not intended as a design specification, its provisions establish minimum design requirements. PPL Electric Utilities Corp. (PPL) has developed design specifications and safety rules which meet or surpass all requirements specif ied by the NESC.[3] 2) Safe Design requires knowledge and capability In this case, engineers need to have and be able to demonstrate required knowledge about the design that he or she is about to build. They must have knowledge about the workplace hazards and any harmful effect because some of the design or project involves the prevention that may have potential to release hazardous material or energy. Such incidents will affect the environment such as toxic effects, fire or explosion and will drive to other consequences such as serious injuries, property damage and loss production. These are the basis possibilities that engineers must concern and implement ways to avoid any danger causes.[4] 3) Safe Design must attempt to foresee potential misuses of the product Engineers are professionally responsible for ensuring that their products or system are safe enough before they are established. They are legally bounded through law and regulations to ensure that their designs are safe from concept through disposal. To ensure a safe design, engineers must foresee the possibilities about the misuses of the products and implement ways to minimize the cautions of product misuses by the users. By adopting a safe design approach, it is possible to design-out health and safety hazards to create a design options that meet both clients need and our obligations as an engineer.[2] 4) Safe Design must meet standard of accepted engineering practice. Accepted engineering practice is a safety issues that involve fundamental ideas about how we view the world and what we believe is important and right. A designer has a responsibility to ensure that their conceptions do not put the others on risk. They cant just create the design by simply ignore insignificant risk even it consumes lots of cost. For example, it might be less important for a small house to install lightning protection but it is a must for such a large factories or tower to do so and to meet the standard of specification.[3] 5) Safe Design must verify every final design For good engineers, they must always find alternatives about how to improve their current products to improve safety effect besides implementing new ways of design. However, after designing, the products and finished devices must be tested rigorously to see whether the products are safe and meet the specifications needed. For fresh graduate engineers, they would be expected to work under the supervision and guidance of more experienced engineers, while they gain experiences. This is very important as fresh engineer will attempt to make more mistakes as they have lack of experiences.[2] DESIGNING FOR SAFETY Safety is generally interpreted as implying a real and significant impact on risk of death, injury or damage to property. In response to perceived risks many interventions may be proposed with engineering responses and regulation being two of the most common. Better safe than sorry by Bruce Erion, President of the National Broadcast Pilots Assn, a simple but crucial for designers to bear with. One version of the process for safety design, taken from the finding of Wilcox will be thoroughly elaborated. Some of the steps are including defining the problem and generate as well as analysing several solutions before implementing the design Consideration of safety should be an integral part of the design process at the various stages. Designers should assess the design as it progresses and if any significant hazard is identified the design should be altered to eliminate the hazard where reasonably practicable, or otherwise to reduce the risk where reasonably practicable [4]. As the design progresses from concept to detail, consideration of safety issues moves from general aspects to specific aspects. The most important contribution that a designer can probably make is at the concept and early design development stages of a project when project-wide and system hazards are being considered. Another important thing that an engineer needs to consider is to minimize the inherent danger in the process as could as possible. It is good if we can excluded any potential danger in our design rather that to cope with or otherwise avoided Hence, dangerous substances or reactions are replaced by less dangerous ones, and this is preferred to using the dangerous substances in an encapsulated process[3]. Trevor Kletz said that to eliminate the hazard completely or reduce its magnitude sufficiently to eliminate the need for elaborate safety systems and procedures. Furthermore, this hazard elimination or reduction would be accomplished by means that were inherent in the process and thus permanent and inseparable from it. Here we focus on the specific area of pertaining to engineering design. We believe that engineering design constitutes an interesting starting point for ethical issues in engineering, both for educational and research purposes [3]. The first step that designer need to consider is to define the needs and requirements and often involves determining the constraints. Consideration of safety should be an integral part of the design process at the various stages. Designers should assess the design as it progresses and if any significant hazard is identified the design should be altered to eliminate the hazard where reasonably practicable, or otherwise to reduce the risk. Before some design has been done, we must consider all the pros and cons before implementing every single one. We have to recognise if there any design trade off of the products. In order to build a stadium for example, Stadium A gives a more astounding structure but less safe compared to Stadium B that is very safe but the structural design is not that remarkable. Which one will we choose to build? Here, we need to generate several solutions in order to decide the best selection to choose but as a good designer, safety is always be the main priority Hence, after several solutions have been listed with their advantages as well as disadvantages, they need to be analysed. Safer products, processes and systems will result and that ultimately benefits business and society generally, now and in the long term, because it minimises injury and illness and provides for a better social and workplace environment. This step involves determining the consequences of each design solution and determining whether it solves the problem. The aspect of the design process is connected to, or brings about possible negative consequences, for people other than the designers involved; hence it is a must for engineer to test the solution whether they are safe enough before each of product has been released. Then after completing the solution testing, the design is ready to implement. In the nutshell, safety must come first in every design to avoid any unwanted accidents in the future and subsequent criminal or civil action against us RISK-BENEFIT ANALYSIS Risk-benefit analysis is the comparison of the risk of certain cases to its related benefits in the real world. Exposure to personal risk is recognized as a normal aspect of every daily routine life in human being. We accept a certain level of risk in our lives as necessary in order to obtain some particular benefits. In most of these risks one feels as though he or she have some sort of control over the real situation. For example, driving a car is a risk most people take every day. The controlling factor appears to be their perception of their individual ability to manage the risk-creating situation. However, analysing the risk of a situation is very dependent on the individual that doing the analysis. When individuals are exposed to involuntary risk or risk which they have no control, they tend to avoid the risk that they faced. Under these conditions, the individuals will favor to have the risk to be as much as one thousand times smaller than for the same situation under their pe rceived control.[7] Let us consider the adequacy of this way of dealing with uncertainty with the help of the simple conceptual model of risk management described by Figure 1. It characterises risk management as a non-monetized form of cost-benefit analysis. Figure1: simple conceptual model of risk management The model postulates that everyone has a propensity to take risks this propensity varies from one individual to another this propensity is influenced by the potential rewards of risk taking perceptions of risk are influenced by experience of accident losses ones own andà others individual risk taking decisions represent a balancing act in which perceptions ofà risk are weighed against propensity to take risk accident losses are, by definition, a consequence of taking risks; the more risks anà individual takes, the greater, on average, will be both the rewards and losses he orà she incurs.[6] To make it simple, there are three kind of risk as shown in the figure 2. Figure 2: three kinds of risks Virtual risks are products of the imagination which work upon the imagination. The less conclusive the science relating to a particular risk, the more liberated are peoples imaginations. directly perceptible risks are managed instinctively and intuitively. Science illuminates many of the connections between behaviour and consequence, sometimes so successfully that previously invisible risks become directly perceptible. However estimates of such probabilities are usually of limited value to those seeking guidance about what to do in the face of uncertainty. There are at least as many problems attaching to the probability estimates as there are to the value estimates by which they are multiplied.[6] ACCIDENT Accident is an unexpected event that will be interrupt any completion of an activity, and that may be include injury or property damage. . Work accidents can occur due to unsuitable protective clothing and gear and insufficient training or non training. Injury can also be caused by careless co- workers and poor lighting. The employers should provide safe place of working, safe system of working and safe methods of working. When the accident was investigated, the important part is to find out what is the causes of the accident. It will use as a guideline in order to prevent similar accident in the future. The objectives of the investigation accident is actually to find out the facts that can guide to take the actions and not to find the fault. The investigation of the accident can be conducted by someone who have experienced in accident causation and have experienced about investigation technique. Besides that, the person must be have a knowledgeable about the working process or condi tion, the procedures and the person involve.[1] Most of the accident happen maybe because of some human error or else. For example, when doing the investigation, the accident is occur due to the worker carelessness. The accident happen still must be to investigate if there are not involve any injury or property damage because any hazards can be corrected for in the future apply. Accident can be considered into a several type which is procedural, engineered and the systemic. For procedural accident, it is the most common happen and it will give the someone to make a bad decision or choice and will not follow the established procedures. The procedural accident are quite well to understood and can be minimize with the appropriate way for example with the given training to the workers, more supervision, and must have laws or regulations .For engineered accident, it caused by flaw in the design. Failures in the choice of material, devices not operating properly, devices or parts not operating well under all circumstances. Engineered failure should be anticipated in the design stages and should be caught and corrected during testing. However, it not always to anticipate in every condition that will be encountered, and sometimes testing doesnt occur over the entire range of possible operating condition. Engineered accident cam be understood and alleviated as more k nowledge is gain through testing and actual experienced in the field.[1] For systemic accident, it is quite hard to understand and not easy to control it. They are characteristic of every complex technologies and the complex organizations that are required to operate them. For example in airline industry which have a very complicated system that involve many working people including baggage handler, machine, pilot, and so on. In designing some project, there are so difficult to detect any systemic accident since there are many small and seemingly insignificant factor that can be considered. As the designer and engineer, we suppose to understand the complexity of the system working and try to design something which the accident occur can be minimized. CASE STUDY CASE STUDY FOR SAFETY DESIGN Case Study 1 Safe Design: Employee received electric shock while trying to adjust damaged connector linking coin operated box to photocopier. 50mm connector jutting out at 90o on side of copier unsafe workplace-equipment layout obstructing access to electrical power outlet Preventive Actions Reopen case worksite preventive / brainstorming session with staff thru process of consultation, hazard ID, risk control measures. Re-layout photocopier and book shelf Case Study 2 Safe design: Nov 2004 Exhaust fumes from diesel engine at basement got into the air conditioning intakes on Floors 4 to 7, building was evacuated. When building was first built, there was no restriction to exhaust ventilation. With development, adjacent buildings were causing environmental restriction to existing exhaust ventilation systems, creating unsafe and uncomfortable workplace environment! Corrective action: Building owner to fix Preventive Actions: Development Act LG admin controls BCA building regulations controls Building Designers responsibility Case Study 3 Safe design: Jan 2005 Maintenance worker received electric shock after coming into contact with an LIVE evaporative cooling system isolation switch filled with water. Cause: Water droplets from the filter pad splashed onto the fan-motor power cable and gradually gained entry into the conduit and switch housing through gravity feed. Safe Design Consideration: Install a 90o elbow facing downwards at the cable entry point from the inside of unit to create the lowest dip point by design. Sealing the conduit entry point with silicone rubber or equivalent may not provide a permanentà barrier. CASE STUDY FOR ACCIDENT Case Study 4: Collapse of Stadium Terengganu Image of Terengganu Stadium Collapse In 2 JUNE 2009, the Stadium of Terengganu collapse after one year of being built. It was officially opened by the Yang di-Pertuan agong sultan Mizan Zainal Abidin. The roof of the stadium is named after him in Gong Badak, Kuala Terengganu collapsed in early morning of 2 June 2009 and causing damage to the few cars that was park in the vicinity. Fortunately no one was injured in this accident. The frame structure of the roof of the 50,000-seat stadium came crashing down around 7.30 am and none of the stadium staff were at the premises yet. 60 percent of the roof at the stadium that was built at a cost of RM270 million and opened on 10 May 2008, collapsed, including that above the royal box at the grand stand. Overall damage was estimated at RM35mil. Meanwhile, even after the debris from the 2,500-tonne roof has been cleared, the Terengganu government isÃâà unable to say if the stadium is safeÃâà as the impact of the collapse is not known. Some causes of the collapse of this new stadium were identified. It is maybe because of components used and work quality did not meet the specifications; design factor was not appropriate; roof was not constructed properly; quality control was not carried out at the project site; weak supervision during the construction process; lack of skilled workers; and shortage of experts and experienced consultants. A notice has been issued to the contractor to repair the 50,000-seat Sultan Mizan Zainal Abidin Stadium which is the biggest stadium in the East Coast but no response so far[9]. Case Study 5: The Crash of Valujet Flight 592 Image of Valujet Flight 592 In May 1996, Valujet Flight took off from Miami International Airport, heading for Atlanta. Theis Valujet Flight offered cheap fares to Florida and other popular destinations. It cost savings were achieved in part by hiring other companies which is Sabre Tech to perform many of the routine operations that keep an airline flying including the routine task of replacing oxygen generator canisters in some of its DC-9s. The canisters are located above the passenger seats and are used to provide oxygen to the passengers through masks should the cabin pressure somehow lost. The canisters contain a core of sodium chlorate, which is activated by a small explosive charge. This small explosion is initiated when the passenger pulls the oxygen mask toward herself. A chemical reaction within the canisters liberates oxygen, which the passenger breathes through the mask. During use, the surface temperature of the canister can be as high as 500F, which is normally not a problem, since the canister is well ventilated. To ensure that the canister will operate properly when needed, the oxygen generator canisters must be replaced periodically. Valujet maintenance rules made it clear that when the canisters are removed, a bright yellow safety cap must be installed on them to ensure that the explosive charge is not inadvertently set off. Unfortunately, Sabre Tech didnt follow this rule while performing this work. Instead, tape was applied where the caps should have been gone, and the canisters were placed in five cardboard boxes and left on a shelf in the hangar. However, two of the Sabre tech mechanics marked on the paperwork that the caps had been installed and signed off on the job. Within minutes after leaving the runway, the DC-9s electrical system started to fail and the cockpit and passengers cabin began filling with smoke. The pilots immediately called the Miami tower for permission to return and began to descend and turn back toward the airport. However, the situation becomes worsened because of fire started melting the control cables and the pilots become shrouded in smoke. The plane suddenly banked sharply and descended rapidly. The descent was so fast and causes the traffic control radar in Miami no longer able to register an altitude for the airplane. Amazingly, either through the efforts of the pilot or because the autopilot come back on, the plane becomes leveled off again. The airplane was now at only 1000 feet above the ground. The air traffic controllers in Miami radioed the pilots and attempted to send the aircraft to the closer airport at Opa Locka, Florida. Instead, the plane was rolled sharply to the right and facing nose down crashed into the Everglades. The two pilots, three flight attendants and 105 passengers on board were killed instantly in this accident. The subsequent investigation into this accident indicated that the fire was caused by the accidental firing of at least one of many chemical oxygen generators that were being carried in this plan to send back to Valujet headquarters in Atlanta. This chemical oxygen generator is the canister that had been removed from another Valujet airplane. The heat generated by this canister caused a fire in the cargo hold beneath the cockpit that ultimately brought this plane down. The investigation showed that this accident is not a flow in the airplanes design, but rather was attributed to a series of the oxygen canisters. These canisters were improperly secured and supposedly shouldnt have been on the airplane at all. One of the most important duties of an engineer is to ensure the safety of the people who will be affected by the products that he designs. As we have seen, all of the codes of ethics of the professional engineering societies stress the important of safety in the engineers duties [1][8]. CONCLUSION There are so many small insignificant factors that engineer doing that occur the accident. It may seem that the engineer has no responsibility and not alert about the law of safety and regulation. However, the engineer must understand and learn the complexity and the system that he is working on and also to be creative in determining how things can be design to avoid the accident happen again. Many of the risks can only be expressed by probabilities and no more educated guesses. Furthermore, there are synergistic effects between probabilities especially in a new and innovative design. Because of that, the engineer must design a product as safe as possible. Base on the designing for safety, the risk can minimize much more easierThe risk can minimize if the engineer spending more time to recheck the design cycle before sell it. It is because of to make sure that the product safe to use. Even though the price quite expensive, especially in the design cycle before the product has been built or is on the market, but the engineer must make sure that the product have a safety prevention and high quality. The prudent and ethical thing to do is to spend as much time and expense the design correctly so as to minimize future risk of injury and civil actions. The method to help analyze and to determine a project to proceed is risk benefit analysis. This method can summarize that the only ethical way is to implement risk-benefit by sharing the benefit between the engineer and society. As a conclusion, the product not surely 100% safe, but the engineer must design a product more effectively and follow the ethical law as a guideline.
Friday, September 20, 2019
Impact of the Internationalisation of Renminbi (RMB)
Impact of the Internationalisation of Renminbi (RMB) Impacts of the Internationalisation of renminbi (RMB) on global economic order Bryan Tan Xian Zhen China is currently the largest goods trading nation and has the second largest economy in terms of GDP after United States (US). Goldman Sachs in 2011 stated that China could overtake US in terms of GDP as earliest as 2019.In the following essay, I will like to focus more on the positive impacts of Chinaââ¬â¢s currency, renminbi being internationalised and the effects on the prevailing economic order which US is leading the pack. A countryââ¬â¢s currency which has ââ¬Å"reserve currencyâ⬠status will be able to influence the global economy and politics which also in turn reflect its global strength. Since financial crisis 2009, Chinese government started to promote more eagerly and widely the internationalisation of renminbi which is currently not fully convertible yet. Internationalising the currency means renminbi will be used as a medium of exchange across Chinaââ¬â¢s borders and as the store of value as a reserve currency. We must acknowledge that there will be positive impacts from the internationalisation of renminbi. Nevertheless, internationalisation of renminbi will also caused negative repercussions namely on current global economic order as spill-over effect. One of the negative impacts is that Chinaââ¬â¢s exports will become less competitive and relatively less cheap as renminbi is prone to revaluation if the currency is internationalised. Chinaââ¬â¢s current account may deteriorate and trade surplus will decrease. Besides, liberalisation of Chinaââ¬â¢s capital market by internationalising the renminbi could lead to massive amount of inflow or outflow of capitals which will destabilise the economy and being vulnerable to global speculative attacks which caused the Asian Financial Crisis 1998. Drastic and rapid financial reforms like internationalisation of renminbi could also risk the internal stability and the governing position of communist party of China (CPC) as Chinaââ¬â¢s local state owned enterprises (SOE) will suffer the most since they over rely on the state regulated low renminbi exchange rate, this could possibly create a downward spiral when SOEs start to lay off their workers to reduce cost. On the other hand, renminbi being internationalised will have positive impacts on the world economy and enhance Chinaââ¬â¢s position in the global economic order. China could embrace the opportunity as the world largest trading nation by internationalising renminbi. Presently, renminbi is underutilised with only 0.24% world payment settled in renminbi (CNY) against its importance in world trade which China accounts 11.4%. With renminbi being more widely used in cross border trades, it facilitates more business transactions and trades with Chinaââ¬â¢s onshore companies and the rest of the world; this will also lead to more capital inflow and foreign direct investment from abroad which are beneficial as fund for economic growth. For example, small medium enterprises (SME) in China benefit most since they can receive better rate of loans as well as more capital to expand their business while acquiring better equipments which will induce the economic productivity in long run. Moreo ver, cross border trade settlement also prevent excessive foreign exchange cost and risk due to fluctuation in the foreign exchange open market. To illustrate, recently Peopleââ¬â¢s Bank of China had expand the clearing and settlement of renminbi payment facilities to Frankfurt and London which promote more business transactions in Europe trading zone and more convenient to the corporations. Therefore renminbi being an international currency, could prevent China falling into middle income trap as a result of rising minimum wages, less competitive exports and less growth in productivity, by promoting the ease and convenience of investing and trading with China. This will in turn strengthened or at least maintained the position of China being one the leading power in the global economic order. Currently, US dollar has been shaping the global economic order as the dominant reserve currency for the last three decades which account approximately 60% of total foreign exchange reserves of countries. However since the collapse of Bretton Woods System 1971, US dollar is just a fiat money which is inconvertible to commodities such as gold. Thus, US dollar is vulnerable to lose its dominant reserve currency status particularly when the people lost confidence of its value due to the huge injections of US dollar into the market by the US Federal Reserve to ease the recession which in long run it might cause hyperinflation. This incident had make renminbi as a possible alternative to US dollar as a store of value in the route to become the next world key reserve currency which provides people with more choice and liquidity. Commodity is essential for every countryââ¬â¢s economic growth including natural resources such as steel, natural gas and petroleum which are mostly linked to US dollar. Some also refer US dollar as petrodollar since members of OPEC (Organisation of the petroleum countries) are require to trade petroleum for US dollar, this in turn create a constant demand for US dollar regardless of US domestic economic condition since most countries need to import petroleum and this further reinforce US dollar status as the world reserve currency. However, USA had taken the opportunity to issue more debt denominated in USD and run large budget deficit without devaluing it drastically in view of US dollar being the ââ¬Å"petrodollarâ⬠. Besides, US dollar tends to fluctuate more lately as the US economy is still in recession with high unemployment rate and weak domestic spending. As a result, companies and countries are force to hedge against the US dollar or even the commodity price; this i n turn caused higher transaction cost for hedging purposes and also less positive economic outlook which lead to lower business investment in the future. So, actually China could exert its power as a global economic powerhouse by permitting the trade of natural resources particularly with Africa to be settled in renminbi. Chinaââ¬â¢s check and balance action could benefits itself and other countries by urging US policymakers to be more sensitive with the spill-over effects caused by their decisions and also strengthening Chinaââ¬â¢s position in current global economic order. Despite, the Chinese government begun to promote vigorously the internationalisation of renminbi, currently China do not appear to possess the huge appetite to make renminbi as the next sole dominant reserve currency by replacing US dollar. Instead some experts believed that Chinese government will prefer to challenge the current global monetary system by having renminbi as one of the key reserve currencies alongside with Euro, Sterling Pound and Yen which will affect the current global economic order by strengthening the economic position of countries who are in a favourable situation due to this outcome while restraining the global economic influence of USA. Actually if Chinese government decided to carry out this plan, they could enjoy more benefits by having multiple currencies comprising equally in the total foreign exchange reserves of countries without bearing the huge sole responsibility of being the only dominant reserve currency. In addition, with Chinaââ¬â¢s lack of strong sustainable economic growth in the coming years, it is unlikely for renminbi to claim the reserve currency status easily, as a result of Chinaââ¬â¢s aging working population, growing income inequality among the lower middle class and the upper class, insufficient energy and food resources, rising political tension with itsââ¬â¢ neighbouring countries like Vietnam and Japan due to disputable islands. Therefore, it is more practical for China to aim to become one of the key reserve currencies instead of the sole dominant reserve currency which will automatically enhance their role in the current economic order with more bargaining power at the world stage. In short, it is not difficult to write off the possibility of renminbi in replacing US dollar solely as the next largest global reserve currency since China having to face many challenges ahead ranging from regional political tension to Chinaââ¬â¢s internal social unrest. However, Chinaââ¬â¢s renminbi is more likely to become a international currency and also one of the key reserve currencies alongside Euro Pound in the coming years, if the Chinese government continue to advocate the development of renminbi internationalisation with credible commitment at the expense of China having cheaper price of exports. As a result, internationalisation of renminbi will have more positive impacts on the current economic order by being the medium of exchange as a international currency which facilitate and ease the trade settlement of goods and commodities with more liquidity. Besides, renminbi can be used to store the value of assets as one of the world key reserve currencies and also pro vide alternative to the people. Thus, Internationalisation of renminbi had established China as a force to be reckoned with, in the global economic order. (1405 words) References: Dr Zha Xiao gang, ââ¬Å"The International Political Economy of Renminbi Internationalizationâ⬠, Fifth session, IISS Seminar, 2012, pages 1-10. SWIFT, ââ¬Å"RMB internationalisation: implications for the global financial industryâ⬠, white paper, 2011, pages 2-4. Richard Fisher, ââ¬Å"Internationalization of the Renminbiâ⬠, report on the conference, 2012, pages 3-11.
Thursday, September 19, 2019
Feminism in Uncle Toms Cabin by Harriet Beecher Stowe Essay -- Femini
Feminism in Uncle Tomââ¬â¢s Cabinà à While Harriet Beecher Stoweââ¬â¢s Uncle Tomââ¬â¢s Cabin overtly deals with the wrongs of slavery from a Christian standpoint, there is a subtle yet strong emphasis on the moral and physical strength of women. Eliza, Eva, Aunt Chloe, and Mrs. Shelby all exhibit remarkable power and understanding of good over evil in ways that most of the male characters in Stoweââ¬â¢s novel. Even Mrs. St. Claire, who is ill throughout most of the book, proves later that she was always physically in control of her actions, however immoral they were. This emotional strength, when compared with the strength of the male characters, shows a belief in women as equals to men (if not more so) uncommon to 19th century literature. In 1848, the first ever Womenââ¬â¢s Rights convention was held in Seneca Falls, New York. Though Stowe did not attend, many of those who were strong in the abolitionist movement, such as Fredrick Douglas and Amy Post, did. Thus a correlation was drawn between the abolitionist movement and womenââ¬â¢s rights. Both fights were about equality, so naturally those who were supportive of emancipation were supportive of gender equality as well. Uncle Tomââ¬â¢s Cabin not only follows the life of Uncle Tom, spanning from the time he is sold from his longtime master until Tomââ¬â¢s death, but also follows the life of Eliza, another slave who lives on the Shelby plantation with Tom as the novel begins. But unl... ...Topsy, but help her repent as well, for Topsy later says, "I will try, I will try; I never did care nothin' about it before" (94). Uncle Tomââ¬â¢s Cabin contains almost as basic of a moral as any story could; love has no physical barriers. The goal of Stoweââ¬â¢s novel is to show that in terms of race. But at the same time Stowe shows it in terms of gender as well. By making the female characters more morally righteous than the male characters and displaying the womenââ¬â¢s physical feats more overtly than the menââ¬â¢s, Stowe enables the audience to see a side of women relatively unseen in 19th century American culture. Works Cited Stowe, Harriet Beecher. "Uncle Tomââ¬â¢s Cabin." New York: Grosset & Dunlap, 1927 à Feminism in Uncle Tom's Cabin by Harriet Beecher Stowe Essay -- Femini Feminism in Uncle Tomââ¬â¢s Cabinà à While Harriet Beecher Stoweââ¬â¢s Uncle Tomââ¬â¢s Cabin overtly deals with the wrongs of slavery from a Christian standpoint, there is a subtle yet strong emphasis on the moral and physical strength of women. Eliza, Eva, Aunt Chloe, and Mrs. Shelby all exhibit remarkable power and understanding of good over evil in ways that most of the male characters in Stoweââ¬â¢s novel. Even Mrs. St. Claire, who is ill throughout most of the book, proves later that she was always physically in control of her actions, however immoral they were. This emotional strength, when compared with the strength of the male characters, shows a belief in women as equals to men (if not more so) uncommon to 19th century literature. In 1848, the first ever Womenââ¬â¢s Rights convention was held in Seneca Falls, New York. Though Stowe did not attend, many of those who were strong in the abolitionist movement, such as Fredrick Douglas and Amy Post, did. Thus a correlation was drawn between the abolitionist movement and womenââ¬â¢s rights. Both fights were about equality, so naturally those who were supportive of emancipation were supportive of gender equality as well. Uncle Tomââ¬â¢s Cabin not only follows the life of Uncle Tom, spanning from the time he is sold from his longtime master until Tomââ¬â¢s death, but also follows the life of Eliza, another slave who lives on the Shelby plantation with Tom as the novel begins. But unl... ...Topsy, but help her repent as well, for Topsy later says, "I will try, I will try; I never did care nothin' about it before" (94). Uncle Tomââ¬â¢s Cabin contains almost as basic of a moral as any story could; love has no physical barriers. The goal of Stoweââ¬â¢s novel is to show that in terms of race. But at the same time Stowe shows it in terms of gender as well. By making the female characters more morally righteous than the male characters and displaying the womenââ¬â¢s physical feats more overtly than the menââ¬â¢s, Stowe enables the audience to see a side of women relatively unseen in 19th century American culture. Works Cited Stowe, Harriet Beecher. "Uncle Tomââ¬â¢s Cabin." New York: Grosset & Dunlap, 1927 Ã
Wednesday, September 18, 2019
D. H. Lawrence Essay -- Biography Biographies Essays
à à à It is a divided issue whether D. H. Lawrence is to be considered a friend or a foe to the feminist movement. On one hand, he advocates an egalitarian man-woman relationship, on the other, his notion of equality seems rather subject to qualification. His reference to the ideal monogamous partnership as "phallic marriage" (Spilka 7) is certainly a cue that must be taken up. Why is marriage "phallic" unless the phallus is privileged in the expression of sexuality? (de Beauvoir 205) The idealisation of gender relationships leads to an essentialisation of gender, which is itself at the source of patriarchal domination. Is Lawrence really a liberator of sex, or only of patriarchal sex? Does he grant more independence to the women in his novels than his predecessors or just a little more freedom within the confines of established expectations? The answers to these will be that Lawrence is not a raving misogynist (as has been suggested), but is certainly a long way from perfectly enlightened. à Rupert Birkin, the Lawrentian leading male of Women in Love, extols a philosophy of "star-equilibrium" in which the partners of a love relationship remain separate and individual, not blurred into one another, but together in knowledge of their difference. (WIL 230) à "Why not leave the other being free, why try to melt, or absorb, or merge? One might abandon oneself utterly to the moments, but not to any other being." (WIL 269) These "moments" are where one falls out of personal concern and into the rhythm of the organic universe. "Because of his belief in the life-force, he has generally been called a 'vitalist.' But 'organicist' would come much closer to the mark, since the goal of life, for Lawrence... ...over. London: Mandrake Press, Ltd., 1996. _ _ _. Letters to Bertrand Russell. Ed. Harry T. Moore. New York: Gotham Book Mart, 1948. _ _ _. Women in Love. Ware, Hertfordshire: Wordsworth Editions, Ltd., 1996. Millett, Kate. Sexual Politics. Garden City, NY: Doubleday & Company, Inc., 1970. Ross, Charles L. Women in Love: a Novel of Mythic Realism. Boston: Twayne Publishers, 1991. Spilka, Mark. The Love Ethic of D. H. Lawrence. Bloomington: Indiana University Press, 1955. Tuma, Keith, ed. Anthology of Twentieth-Century British & Irish Poetry. New York: Oxford University Press, 2001. à à à 1[1] "The ordinary Englishman of the educated class goes to a woman now to masterbate [sic] himself. Because he is not going for discovery or new connection or progression, but only to repeat upon himself a known reaction." (Letters 33)
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