How to Talk About Yourself in an Essay

<h1>How to Talk About Yourself in an Essay</h1><p>How to discuss yourself in an exposition? On the off chance that you have an inquiry like this present it's practically difficult to fathom from the outset. Regardless, you should start by choosing precisely what it is that you need to compose about.</p><p></p><p>How to discuss yourself in a paper is the manner in which you do it. On the off chance that you need to communicate your own perspective or supposition on a particular circumstance, at that point you should communicate that in the essay.</p><p></p><p>When you are composing papers in class, you may have seen that numerous individuals utilize key focuses in their expositions. Key focuses are moderately minor focuses which may frame the premise of a contention. Composing in view of key focuses is only one of the approaches to help communicate when you're discussing yourself in an essay.</p><p></p> ;<p>Another approach to communicate for yourself about yourself in a paper is to record addresses that you have. Regardless of whether they are simply written down in a journal, or whether you record them on paper, the inquiries will in the long run become your own self-composed answer. At whatever point you wish to examine something with another person, ask them inquiries about it. Your inquiries will turn into your own paper as well.</p><p></p><p>Of course, another technique for how to discuss yourself in an exposition is to work out notes that you have when you see something intriguing. The notes will turn into your own article when you keep in touch with them down.</p><p></p><p>In expansion to these techniques, you can likewise incorporate 'imagine a scenario in which' situations in your paper. These can be a methods for helping you investigate various prospects, or they can even fill in as a method for making sense of how yo u would feel about something in the event that you were really confronted with it.</p><p></p><p>Finally, you should attempt to utilize any thoughts that come to you when you're expounding on yourself in an article to record your self-composed responses to whatever addresses you may have. This is another method for communicating yourself.</p><p></p><p>So, on the off chance that you wind up needing to realize how to discuss yourself in a paper, the accompanying tips might be useful to you. There are different strategies for communicating, however you can locate some importance in utilizing them as well.</p>

Sample Future Goals Essay

Sample Future Goals EssayA Sample Future Goals Essay can help students develop a clear sense of their personal priorities. It will also help them to identify with a vision that will motivate them to take steps toward achieving those goals.College students should plan their college career, as they define their future goals. This means putting into consideration the time needed to reach each goal, as well as the financial costs of accomplishing each goal.Many college students fail to include this type of planning in their college applications. Instead, they focus their attention on the 'what,' without considering the 'how' to achieve their college goals. They begin their college career with goals that are too flexible, so that they do not really know what they want to do with their lives.Colleges have very different requirements for admission than high schools do. Some colleges require high school graduates to start taking courses by junior year, while other colleges expect graduates t o complete a specific amount of college coursework by senior year. For this reason, it is a good idea to determine a realistic timeline for completing college coursework before submitting your college applications.You can determine the approximate length of time frame you need to complete your college coursework by using a time-line based on your school's requirements. Include in your college admissions essay the number of credit hours required to satisfy each requirement, and add the estimated date when you wish to complete the degree.Students who are struggling with deadlines and cannot find time to complete college admissions essays may wish to enlist the help of an advisor. Many college admissions officers will allow students to submit their essay in advance, or even let them draft the essay completely. By planning ahead, students will be able to obtain extra preparation time to come up with an impressive essay.Your college admissions essay should include examples of achievement s that demonstrate your character. In your sample future goals essay, make sure you make reference to areas where you are able to display your leadership abilities. These types of examples will inspire readers to see you as someone who can lead their lives.Finally, college admissions essays are not limited to written essays. Students can also provide a video or photo essay supplement. Video essays are particularly valuable because they provide a visual presentation of the student's achievements.

Compare and Contrast Essay College Topics

Compare and Contrast Essay College TopicsStudents can use a comparison to help them compare and contrast essay college topics. The objective of the essay is to make a strong point. A strong point includes establishing a clear and succinct statement that is backed up by a well-supported argument.Students must establish strong points. There are several ways to do this. They can use an essay to present evidence, or they can make a coherent argument that makes sense to readers. The goal is to show the reader why you think what you say.A comparison and contrast essay college topic will begin with a thorough discussion of one specific topic. Students need to be able to explain how that topic differs from one that they have previously presented. Then they should present specific facts or statistics that support their argument. Students must understand what they are discussing so that they can state it clearly.The essay could include independent research or written sources that back up a poi nt that has been made. The facts or sources must stand on their own. They do not have to be supported by the main argument. Students may use paragraphs to provide examples of facts or sources used to support their main point.Students may choose to use research papers as part of their comparisons and contrasts college essays. In an independent research paper, students may focus on a topic that is related to their main argument. They may cover such topics as the difference between dogs and cats, the difference between organic farming and conventional farming, or the difference between killing and non-killing animals. Students may even use a side-by-side comparison between a traditional farm and an organic farm.Students should also consider including a comparison between two areas that are not directly related to their college topics. Students may choose to compare apples and oranges, apples and strawberries, or any other items that are not directly related to the topic at hand. An ess ay on apples and oranges may cover such topics as apples' roles in cooking, their resemblance to wine, and the differences between the two. Students may even compare apples and strawberries and other fruits to grapes.Students can also use a comparison and contrast essay college topics to describe a personal experience. An example of this would be to describe a trip to the circus as described by a child. The idea is to write about a difficult but interesting experience. The comparison is usually easy to understand. Students may also find that they agree with what others say and disagree with them.Students may use these ideas as inspiration for their own essays. Students may also want to use the same ideas in their college essays. Students should continue to experiment with different ways to create a strong topic.

Vital Pieces of Studying Abroad Ielts Essay Samples

Vital Pieces of Studying Abroad Ielts Essay Samples Most Noticeable Studying Abroad Ielts Essay Samples To seem beautiful, you must be feeling fresh. Everybody has his very own big goals for reaching his perfect life. For this, the most crucial is to find decent sleep at night. Some people would rather compose their answers directly in the answer sheet, as there's not much that it is possible to change in your answers, when the audio stops playing. It's generally accepted that individuals who study in foreign nations have fat opportunities to acquire better jobs and earn higher income. Studying abroad also can be viewed as adventurous experiences as young individuals may see the planet, meet people from other nations and learn various languages and culture. Some folks think that they can have premium quality education by studying in the well-known universities around the world while other men and women take it like an adventurous chance to find the world. 1 problem is the fact that it can impact students psychologically. For example individuals who come to my own nation, Iran, mention hospitality as the most important social trait. Anyway, it's widely known that culture shock might be a critical concern. Many people think that a second language ought to be included in the education level. Additionally, another language will assist scholars in their general improvement. Students desire to reap the advantages related to attending a reliable educational institute. On the contrary, in United States, for example, they can live and study in a distinguished educational environment. Firstly, studying abroad, they will have a better education. Firstly, they can learn advanced knowledge and experience abroad. What Everybody Dislikes About Studying Abroad Ielts Essay Samples and Why This writing company makes sure their papers are all the wonderful quality and all the customers are happy. The analysis abroad application will appear almost like a normal college application. Put the exact same amount of effort in your study abroad application. If you wish to acquire high high quality research and thesis papers in time and for a fair price, you should probably attempt using EssaySupply.com. As a consequence the scientific and technological level was improved very rapidly. Earlier, this kind of experience was regarded as an extraordinary skill that outlines an applicant for employment, whereas today it's a crucial and vital portion of career progression or even getting work in some sectors. Following that, there are academic benefits. Moreover, his immense wisdom and experience will dramatically add to the increase and development of his nation. There's a great deal of expense involved with studying in abroad in contrast to studying in hometown. Nowadays, a growing number of people opt to further their study abroad. With the broad selection of benefits of studying in foreign nations, it's no doubt that it's going to continue to be popular among young people within the future. The second part indicates the significance of studying in another nation and ways the man or woman will profit from taking classes abroad. Not just in the home, but in the schools too, it's crucial keep a good hygiene condition. Due to the practical understanding, and much better learning techniques in abroad, organizations believe it's worth to employ students from abroad with a fantastic pay scale. The hygiene depends on various ailments. Continue reading this post to learn about the advantages and disadvantages of studying abroad. If you search for MBA application essay writers, be sure our team will deal with your assignment in the very best possible way. The objective of the provider alone makes this one of the greatest essay services. The overall number of questions that you've got to answer in reading is 40. Your essay may be the deciding factor, especially whenever you're a borderline case. Our sample essay has an easy but decent introduction in which it demonstrates that the examinee has knowledge of the subject and clearly states the writer's position to prepare the remainder of the essay. The admission essay should demonstrate that you are prepared to go abroad and live all on your own. A well-structured essay has a fantastic introduction, body paragraphs that are simple to follow and connect with each other, and a great conclusion.

The Anatomy And Physiology Of The Heart - 1675 Words

The aim of this report is to provide an overview of chronic heart failure, examining signs symptoms and treatment related to the case study, medical history. The anatomy and physiology of the heart will be discussed, and the pathophysiology of chronic heart failure. Heart failure is a general term used to describe several types of cardiac dysfunction that result in inadequate perfusion of tissue with vital blood-borne nutrients. Most causes of heart failure result from dysfunction of the left ventricle. The size of the heart is approximately the size of a persons closed fist. The weight is less than a pound, the heart is snugly enclosed within the Infer mediastinum, and the medial section of the thoracic cavity, the heart is flanked on†¦show more content†¦The right side continues to propel blood to the lungs, the left side is not able to eject the returning blood into the systemic system circulation (Farrell Dempsey, 2014) Blood vessels in the lungs become swollen with blood, creating pressure within the lungs. Pressure within the lungs increases as fluid leaks from the circulation into the lung tissue. Causing pulmonary oedema (Marieb, 2014) Heart failure is a condition where the heart fails to pump and circulate an adequate supply of blood to meet the requirements of the body. The muscles of the heart become less efficient and damaged, leading to overload on the heart. (Craft, Gordon, Tiziani, Huether, 2011) Some of the main pathologies of heart failure include. The muscle contraction of the heart may weaken due to overloading of the ventricle with blood during diastole. In a healthy individual, an overloading of blood in the ventricle triggers an increases in muscle contraction, to raise the cardiac output. In heart failure, however, this mechanism fails due to weakened cardiac muscles (Neighbors Tannehill-Jones, 2010) To compensate for the lowered cardiac output, the heart rate rises. This makes the condition worse as the heart muscles require more nutrients to work and the myocardial muscles pump at an increased rate (Koutoukidis, Stainton, Hughson, 2013) There are several conditions that can lead to heart failure. One example is heart muscle damage caused by a

Case Study Of Medical Malpractice Report †MyAssignmenthelp.com

Question: Discuss about the Case Study Of Medical Malpractice Report. Answer: Introduction Medical malpractice in one of the serious health care challenges affecting many patients throughout Saudi Arabia. One of the medical malpractices involves prescription of wrong drugs to the patient resulting in medical complications and mortality (Khaliq, 2012). Many healthcare practitioners do not seek the consent of the patient or provide necessary information concerning medication to the patient before treatment. Some of the most affected health professionals include pharmacists and physicists. The subsequent result includes lawsuits due to wrong medication provided to patients who sometimes develop complications such as premature delivery, poor patient health and some succumb to death (Hamdan, 2005, pp 4264). Some malpractices also involve improper communication between health care professionals or errors caused by incompetent health care practitioner in the line of duty. Illness and fatigue are also some other factors contributing to healthcare malpractices. There are ethical st andards that healthcare professionals need to follow when in the line of duty. The ministry of health also provides various guideline and procedures to use while dispensing drugs to patients in hospitals. The following critical thinking report provides analysis of the case study and recommendations prevention of case. The case The study involved an allegation of pharmacist dispensing wrong drugs to a 23-year-old female patient that resulted in the premature delivery of 23 weeks fetus. The labor and delivery nurse, on the other hand, had no idea the implication and usage of Prostin on the patient hence administered the drug to the patient. In the case, the pharmacist on duty administered Prostin suppository instead of progesterone suppository to stop the virginal bleeding. Though the defending pharmacist claimed to be ill at the time of malpractice, the pharmacist was also not familiar with the progesterone suppository administered. The end result was impairment of the fetus and subsequent premature delivery of 23 weeks old fetus. Furthermore, the pharmacist on duty complained of fatigue and need relieve from another pharmacist (Health Service Providers Organization, 2013). The fetus was severely impaired and had to be transferred to another hospital for intensive care. Therefore, the pharmacist, labor and delivery nurse and hospital are held responsible for the medical malpractice. Ethical principles The ethical standards offer the perspective that outlines the relationship between pharmacist, patient and the organization. Firstly, the pharmacist did not observe the ethical standards and codes before dispensing the drug to the patient as evidenced by improper administration of Prostin suppository instead of Progesterone suppository that she could have used. The ethical codes of practice clearly outline the ethical standards that are expected from a pharmacist especially when dispensing life-saving medication to patient or client. It was unethical for the pharmacist to dispense the drug to a patient without proper knowledge of the action and implications of the drugs itself. In addition, the pharmacist did not properly understand policies and ethical standards guiding the use of drugs and medication. This is evident in her failure to distinguish between Prostin suppository and progesterone suppository (Buchanan, 2006, pp 290304). Secondly, from the patients perspective, the patient is entitled to satisfactory medical care with minimal risk. It is therefore not ethical to receive improper medication couple with high risk as evidenced in the case study. Ethical codes also dictate that the consent of the patient needs to be considered before administering medication (Saudi Food Drug Authority, 2011). As in the case, the pharmacist did not seek the consent of the patient as the norm requires. Moreover, the ethical standards indicate that pharmacist should present all the information to the patient concerning drugs before dispensing to patient. The patient needs to have given consent due to information on drugs given without pressure from the pharmacist. The hospital also had ethical responsibility to bear given that the pharmacist complained that she was ill and fatigue due to overtime work. The hospital ought to have used its ethical and standards of practice to streamline communication between employees and patients. The pharmacist needs not to have overworked despite complaints from the employee of illness. The relieving pharmacist on duty needs to have come in time to take over duty at the hospital to avoid complication as witnessed. Furthermore, the use of technology in confirmation of drugs the computer gave a different drug name instead of the original drug. This is against the ethical and standards of practice that is expected from a life-saving organization. The labor and delivery nurse though not aware of the drug error is also responsible for malpractice since as practitioner she needs to have understood reasons administering the drug (Aldossary, While Barriball, 2008, pp 1258). The legal implications The case presents a critical legal implication that needs serious examination since the pharmacist did not apply pharmacy policies and was negligence. Firstly, patient or client has a right that dictates the manner in which the patient is attended to and ensures patient satisfaction. It is important to note that in the case the patients bill of right was not respected. According to patient's bill of right that govern the pharmaceutical relationship between patient and pharmacist, the patient has right to satisfactory pharmaceutical care according to professional standards. In addition, patients have right to all the information regarding the medication or drugs dispensed to that patient. Secondly, the hospital and the healthcare practitioner involved are responsible for the malpractice witnessed in the case. The pharmaceutical and medical laws outline the expected standard of practice and bridge of these codes of practice come in hand with legal implications. Moreover, there are vari ous regulations that help regulate the healthcare practice of various healthcare professionals. This was not followed in the medical malpractice case and all parties involved need to face the legal action (Yousuf, Akerele Al-Mazrou, 2002). The labor and delivery nurse, for instance, had no idea on the usage and implication of the wrong drug she administered to the patient. Some laws that were involved include pharmacy patients bill of right, professional code of conduct and ethics, and Law of Pharmaceutical Establishments and Preparations. Firstly, pharmacist patient bill of right was not considered in the case since various aspects of the patient right such as the right to information, quality care and satisfactory standard of care were not considered. Secondly, professional code of conduct and ethics were not followed when the pharmacist carelessly dispense drugs despite the error of name in pharmacist computer. The pharmacist and delivery nurse as healthcare practitioners act in an unethical manner that causes a high health risk. Thirdly, Law of Pharmaceutical Establishments and Preparations provide procedures that are followed through from prescription to dispensing of drugs to the patient. In the case, various guidelines and procedures involved in prescribing to the administering of the drug were not followed hence the pharmacist and labor nurse w as in haste to administer the drug to a patient (Ministry of Health, 2010). Finally, codes of ethics are also set guidelines that were involved in the medical malpractice since ethical standards also act as laws for satisfactory practice. Healthcare parties involved in the case exhibited limited observance of ethical codes of practice as laid out in Saudi Arabian ministry of health guidelines. How to manage the case In order to manage the case from the healthcare perspective, the organization and health practitioners need to take responsibility for the action of the pharmacist. Firstly, the pharmacist should be held responsible for her action since she did not act as per the ethical code or standards of practice. Secondly, the hospital as an organization should be held responsible for the action of the employee since despite complain from the pharmacist of illness; no action was taken to relieve her of duty. Improper communication between prescribing practitioner, supervising pharmacist and pharmacist on duty also lead to wrong drugs. To manage the case procedure need to immediately establish to reduce any miscommunication. Thirdly, the hospital needs to pay for any damage cost or compensation to the patient and their family (Shehab, 2001, pp 528). Recommended Prevention of the case There are various precautionary measures that should have considered to prevent the case. Based on the healthcare ethical codes and standards of practice, there are some steps that could have been done to prevent any future cases of medical malpractice as in the case study. Firstly, there could have been proper communication between patient and healthcare practitioner to ensure patients have enough information regarding medication. The standards of medical health care practice require pharmacist to obtain the consent of client based on information given to the patient before dispensing drugs to treat patients. Communication between prescribing practitioner and the pharmacist also need to properly coordinate to ensure proper consultation (Aspalter, Yasuo Robin, 2012, p29-30). This could have reduced any misunderstanding of drugs leading to wrong medications. Secondly, health care practitioners could have been properly trained on the risks of dispensing wrong drugs to the patient. Training should focus on the protocol of entering drug order into the pharmacist computer without errors such as drug names. This could have prevented misunderstanding while entering the drug order into the pharmacist computer. Training would have also bridged the gap between prescribing health care official and administering nurse. In addition, training could also assist in creating coherent working condition between various healthcare practitioners that normally assist in the similar situation. For instance, training can improve working conditions between prescribing practitioner and pharmacist or between pharmacist and nurse since they both work in similar line. Recommendation Implementation procedures The implementation procedures for the precautionary measures to prevent the case should follow elaborate guidelines. Firstly, training of practitioners on teamwork health care service is the primary procedure for ensuring limited errors in future. Teamwork also highlights the necessity of every player from physicist to nurse within that line of practice (Moynihan Cassels, 2005). Secondly, clear observation of pharmaceutical protocol and procedure when entering drug order into the pharmacist computer. The primary reason for the error in the case was a failure to distinguish between Prostin and Progesterone when entering drug order in the computer. Procedure and protocol followed needs to be clear, precise and without any confusion. This should also use clear approved sig codes that minimize any error that might be incurred (Hattingh, Low Kim, 2013, p27). Thirdly, linking various related healthcare departments is the number two procedure. There is a need for proper coordination of healthcare for patients between various healthcare practitioners in a related line of duty. For instance, physicians, pharmacist, and nurse need an elaborate coordinated care with minimal errors. This will ensure before dispensing drugs the prescribing practitioner is aware of the drug and the administering nurse is also familiar with the drug (Almalki, Fitzgerald Clark, 2011, pp 784). Fourthly, developing a communication channel between healthcare practitioners is another procedure that will ensure that problems are prevented in future. Good communication network ensures that any uncertainty is eliminated and clear communication protocol maintained by ethical standards is put in place. For instance, suppose there was good communication between prescribing practitioner and pharmacist the drug name error would have been corrected before being passed down to labor and delivery nurse that had insufficient information on the drug (Gold Miner, 2002). Conclusion In conclusion, following ethical codes and standards of practice are important healthcare factors that determine the quality of healthcare services. Various healthcare laws require proper provision of medication to patients without any health risks. In the case study, improper drug dispense leads to tragic health care complications that resulted in the premature delivery of 23 weeks fetus. Wrong medication shows there is a clear need for understanding and accountability of practitioner's healthcare actions. This case had legal implications with different laws being involved. There are also various steps that would have been followed to prevent these errors. Subsequently, some procedures also need to be implemented to ensure that future errors in healthcare service provision are minimized. References Aldossary, A. While, A. Barriball, L. (2008). Healthcare and Nursing in Saudi Arabia. International Nursing Review, (55):1258. Almalki, M., Fitzgerald, G. Clark, M. (2011). Healthcare System in Saudi Arabia: An Overview. East Mediterranean Health Journal, (17):78493. Aspalter, C., Yasuo, U. Robin, G. (2012). Health Care Systems in Europe and Asia. Routledge, p29-30 Buchanan, D.R. (2006). Perspective: A new Ethic for Health Promotion - Reflections on a Philosophy of Health Education for the 21st century. Health Education Behav., (33):290304. Gold, R. S. Miner, K. R. (2002). Joint Committee on Health Education and Promotion Terminology Report of the 2000 Joint Committee on Health Education and Promotion Terminology. Journal of School Health, (72):37 Hamdan, A. (2005). Women and Education in Saudi Arabia: Challenges and Achievements. International Education Journal, (6):4264. Hattingh, L., Low, J. S. Kim, F. (2013). Australian Pharmacy Law and Practice: Elsevier Health Sciences, p27, 67 Health Service Providers Organization, (2013). Pharmacist and Medical Malpractice: Case Study with risk management strategies. Chicago, USA: HPSO and CAN. Available at: https://www.hpso.com/Documents/Risk%20Education/individuals/LegalCaseStudy/RX_SLCSx-10122-0213_February2013.pdf Khaliq, A.A. (2012). The Saudi health Care System: A view from the Minaret. World Health Popul.(13):5264. Moynihan, R. Cassels, A. (2005). Selling Sickness: How the Drug Companies are turning us all into Patients. Crows Nest, N.S.W.: Allen Unwin. Ministry of Health, Kingdom of Saudi Arabia, (2010). Health Year Book, www.moh.gov.sa Saudi Food Drug Authority (SFDA) (2011). SFDA Regulation (2007) Institutions and Pharmaceutical Products Guidelines. Retrieved from: www.sfda.gov.sa/Ar/Drug Shehab, S. (2001). Between Life and Death. Al-Ahram Weekly, pp 528. Yousuf, M., Akerele, T.M, Al-Mazrou, Y.Y. (2002). Organization of the Saudi health system. East Mediterranean Health Journa,l (8):64553

The UK Banking Practice that led to financial crisis

Table of Contents Introduction Organizational context Literature review Sample Methods Constrains, limitation and ethical issues References Introduction The issue of the global crisis is of great importance to business management and aspects of finance in any country. Crisis of the magnitude that was experienced is a real threat to the economy of any country and it is imperative for people to learn as much as they can to avoid the circumstance that lead to the crisis.Advertising We will write a custom research paper sample on The UK Banking Practice that led to financial crisis specifically for you for only $16.05 $11/page Learn More In The UK the financial crisis was less hard hitting than it was in the USA. The crisis is attributed to the mortgage business and chiefly to the lending services of banks. The culprit was banking practices that were not adequately regulated and not well adapted to changes. As a result, when the problems started arising it was too late to make any real changes. The government has tried its best to cushion the economy and has been successful in getting things back to normal little by little. It is only when the banking problems that led to the crisis are understood that measures against such a future problem can be anticipated and prevented. In the UK the crisis affected businesses as well as individuals. With a sluggish economy many consumers felt the pinch in spending and as a result, the economy suffered even more as spending became limited. Organizational context The research will be carried out in the organizational context of policies that govern the banking industry. This will reveal more directly the role that banks play and examine whether the policies facilitated in creation of the crisis. When the crisis was a phenomenon of banks in general it follows that there are certain characteristics of their practices that lent themselves to the crisis. Literature review According to Demirguc-Kunt and Detragiache (2002), one of the most important factors in banking is deposit insurance. Deposit insurance provides security in financial circles and enable economic crisis to e handled in ways that are not debilitating to the country. Demirguc-Kunt and Detragiache (2002), examined evidence taken from sixty-one banks between 1980 and 1997. Demirguc-Kunt and Detragiache (2002), found that for bank stability deposit insurance is necessary. These insurances are especially helpful in circumstances where there exists little regulation of interest rates. Additionally if the institutional environment is not strong, the insurance serves to create stability.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In the case of UK crisis, the banking practices did not require explicit insurance that was relational to the risk taken. As a result the risks far outweighed the insurance. Even with th e insurance compensation, the banks fell short of the amounts they needed to recoup. Goodhart (2008) offers the basic reasons why the crisis happened. What was reported in the USA had similarities with what was going on in the UK. Goodhart (2008) states the main reasons behind the crisis was mortgage backed securities, seemingly surpluses in global savings and macrostability (Goodhart 2008). As a result the market was overconfident and investments were not carefully construed. The UK drive to the crisis was the credit crunch. The credit crunch however was itself a direct result of the defaults in mortgage repayment and falling prices for the houses (Goodhart 2008). In addition, investor confidence was shaken and many tried to make withdrawals form banks and even long term securities. According to LaBrosse (2008), one of the reasons that the UK authorities decide to review the financial safety net was because of the crisis witness in the Nothern Rck Plc. The crisis revealed major fai lings in provision of adequate financial safety in cases of need. According to LaBrosse, the UK authorities responded by issuing recommendations for the protection of depositors and in addition they suggested some reforms to the banking practices. According to LaBrosse (2008), one of the reasons for the crisis was due to no mandated regulators to minimize risk. This led to banks taking aggressive risks which did put the depositors’ accounts into risk. These choices were made without the appreciation of the long-term consequences of such risks. The taxpayers have also been furnished with little awareness and as a result they wee not able to make financially sound decisions. One of the consequences was that as soon as many realized the financial difficulties of financial institutions, they went ahead to withdraw their money from banks and other institutions. As a result, financial institutions were pushed towards bankrupts. In order to deal with the problem, one of the recommen dations by UK authorities is for the use of a financial agency that is independent and which will work to minimize risk (Lacrosse 2008). The FSCS can then liaise with parliament to come up with effective means of protecting depositors and tax payers. Public awareness would also be increased to avoid panic among depositors and increase sound judgment.Advertising We will write a custom research paper sample on The UK Banking Practice that led to financial crisis specifically for you for only $16.05 $11/page Learn More Mcllroy (2008), also found that the reason for the crisis was the lack of sufficient trigger mechanisms in the financial sector. Had the triggers been in palace, the safety systems would have been able to respond in a timely manner and avoid further threats to the economy. According to Mcllroy (2008), to fully ensure financial stability the system lacked sufficient credible approach. Such an approach is important in order to regulate standar ds, supervision and management of smaller institutions so that they do not affect the entire system. However failure to have these support in pace aggravated the financial problems and instigated the crisis. Additionally Mcllroy (2008), states that due to the taxation procedures institutions that were taking excessive risks did not pay more taxes for their insurance. Had they paid more there would have been an easier way to recover losses for banks. Crick (1927) discussed the various ways in which banks manage their reserves. As they get investment, banks also lend money out. However they retain a certain amount so that their clients can also make withdrawals. It is the balance between the money lent and the money available for withdrawal that banks need to balance to ensure smooth running of their institutions. This is what is known as fractional reserve banking. This was one of the critical mistakes that banks in the UK made. They took too much risk and minimized their reserve. Th is in turn affected the mortgage sector. It is this practice that led to seeming surplus of cash in the world and the subsequent crisis. Shin (2009) explains the cause of the financial crisis to have had its origins in the Rock’s Bank depositor run. This had a negative effect on other banks with investor confidence shaken. The main cause of the Rock Bank problem was as a result of dependency on short term investment it took with investment institutions Lastra (2008) agrees with the effect that Bock bank had and the subsequent response of investor. According to Lastra (2008), bank regulations played a big part in the progression of the crisis. If there had been sufficient measures to aid the banks which were undergoing distress the crisis might not have progressed at the rate or extent that it did. According to Bicksler (2008), two factors have been proposed as the causes of the crisis and in particular the sub prime mortgage problems. One of this of the reasons has been given as inappropriate incentives that were geared towards securitization. The second reason given has been that there was mismanagement of information whereby financial institutions, investment securitizes and investors did not have adequate information to sufficiently balance the flow of money in the mortgage sector.Advertising Looking for research paper on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Haubrich and Thomson (2008) state that due to the collective role that banks play in the financial industry it is by umbrella regulation that crisis can be effectively evaded. Accordingly having the government as part of the regulating team is beneficial so that there is more cohesion in regulatory measures. According to Bicksler (2008), a study into the issue has given evidence that indeed the securitization caused significant risks to be taken when determining the mortgages to approve. As a result greater risks were taken. In due course because of lack of sufficient management of risk there were more cases of default. Bicksler cites studies conducted that indicated that mortgages were given to increasingly less income applicants and with the loans came higher cases of default than would have occurred of the approval had not been lowered. In addition Bicksler states that loan borrowers were often not aware of the transactional cost and interest rates and as a result, they made deci sions that were too taxing increasing default rates. Bicksler (2008) examined studies that have been done regarding homeowners and found that indeed many of them were not sufficiently informed about the taxes, fees and interests that their purchases would accrue. According to Bicksler (2008), economics attribute much of the financial crisis in the mortgage sector to the homebuyers’ financial illiteracy. Another important contribution to banking practices and the crisis is what Schwartz and Seabrooke (2008) regarded as relationship between the political and economic realities with finances. According to Schwartz and Seabrooke (2008), there exists a strong relationship between the financial institutions and politics. As a result, banking financial institutions can be influenced by the politics of the land and negatively affect their activities or practices. Additionally, the UK insurance which is mostly managed by government is not as effective as those run by private sector. T his is because negative impact in the deposits is higher government run schemes. One of the points that Schwartz and Seabrooke (2008) make is that housing finance which is mostly conducted by banks has ballot box implications. As a result politicians are not always quick to respond to the situation and downplay the extent of the crisis for political reasons. The crisis was an indicator of problems that the UK authorities would want to deal with before losing public confidence. The public reaction is also tied in with preference for interest taxes, taxation and spending. The banking system which ought to be more accountable relied on the government to cushion their losses. However, it is important for banks to have independent overseers who can be expected to be neutral and respond to financial issues with the investors’ interest. Schwartz and Seabrooke (2008) argue that in an economy where there are housing ownership inequalities, many people take advantage of additional mean to get loans so that they can escape taxes or defer their loan payments. This presented problems to banking systems which require the repayments for their running. As Schwartz and Seabrooke (2008) found out some of the people who acquired new mortgage loans were purchasing second homes or refinancing. There was therefore a financial burden placed on banks leading to the financial crisis. Honohan and Klingebiel (2003) support Schwartz and Seabrooke (2008) in stating that banking lending and repayment is a delicate procedure. Honohan and Klingebiel (2003) states that all economies that face crisis find that they need to drastically reform their banking system. This underscores the importance of banking systems to the stability of a country’s financial stability. In the face of a crisis like the one in UK, banking practices did not rise up to the occasion as they required accommodating policies. These policies are inclusive of limited recapitalization, government bail out, open -ended liquidity support and blanket deposit guarantees. These measures spread over to several banks led to fiscal cut backs. As government spending was limited the effect was further passed to tax payers leading to aggravation of the financial crisis. The Office for National Statistics (2010) has released correction notice that is mean to serve as an indicator of measures that will be used in future to generate intervention to prevent crisis. This is because the government realized that early intervention is critical to containing the effects of financial instabilities. The bank sector for example is one in which information to users can greatly enhance their knowledge of changing economic situations. This can help people to make better decisions and be aware of the trends. Sample The sample will consist of several banks in different towns and of different sizes. The sample will be selected randomly to ensure that different types of banks are represented. The sample will consist of Mortgage loans data from banks and lending repayment. In addition it will include the policies regarding mortgage loans. Methods The method to be used will be data from banks and economic statistics. The survey will examine banks policies in issuing mortgage loans, interest rates and rates of defaulting. Constrains, limitation and ethical issues One of the constrains of the research is that it cannot cover all the areas that would be poignant to the study. Financial situations are affected by more than just one factor. As a result, interdependent factors should be examined to ascertain the proper conclusions are reached. A limitation for the study will be finances. In order to undertake a good research the research would require a lot of finances to study as many banks as possible. In addition, a study of government and its financial policies would enrich the study and make it comprehensive. Limitation of time will also be experienced. With a limited time frame the study can not be as broad as it could be. The sample will have to be representative of other banks. One of the ethical issues will be confidentiality. Since the financial transactions of bank customers are supposed to be confidential and private, the study will need to come up with a way of ensuring that personal information is excluded from the study. Personal or identifying data will be exempted form the study. Another ethical issue will be maintaining confidentiality of bank information. Banks also have information that they like to keep private. The study will ensure that all confidential materials are kept confidential. The research will provide confidential agreements so that those they deal with can be assured of their privacy and confidentiality. References Bicksler, J., (2008) The sub prime mortgage debacle and its and its linkages to corporate governance. International Journal of Disclosure and Governance, 5 (4), pp. 295-300. Crick, W. F., (1927) The genesis of bank deposits. Economica, 7 (20), pp.191–202. Demirguc-kunt, A. and Detragiache, S., (20020 Does deposit insurance increase banking system stability? An empirical investigation. Journal of Monetary Economics, 47 (7), pp 1373-1406 Goodhart, C. A., (2008) The background to the 2007 financial crisis. International  Economics and Economic Policy, 4(4), pp. 331-346. Haubrich, J. G. and Thomson, J. B., (2008) Umbrella supervision and the role of the central bank. Journal of Banking Regulation, 10 (1), pp. 17-27. Honohan, P. and Klingebiel, D., (2003) The fiscal cost implications of an accommodating approach to banking crises. Journal of Banking and Finance, 27 (8), pp 1539–1560. LaBrosse, J. R., (2008) Time to fix the plumbing: Improving the UK framework following the collapse f Northern Rock. Journal of Banking Regulation, 9 (4), pp 293-301. Lastra, R. M., (2008) Nort Rock UK Bank insolvency and cross-border bank insolvency.  Journal of Banking Regulation, 9 (3), pp.165–186. Mcllroy, D. H. , (2008) Regulating risk: a risk measured response to the banking crisis.  Journal of Banking Regulation, 9 (4), pp. 284-292. Office for National Statistics., (2010) Financial crisis and recession: How ONS has addressed the statistical and analytical challenges. Economic and Labor Market Review, 4 (1), pp. 30-35. 10. Schwartz, H. and  Seabrooke, L., (2008) varieties of residential capitalism in the international political economy: old welfare states and the new politics of housing. Comparative European Politics, 6 (3), pp. 237–261. Shin, H. S.,(2009) Reflections on Northern Rock: the bank run that heralded the global financial crisis. Journal of Economic Perspectives, 23 (1), pp. 101–119. This research paper on The UK Banking Practice that led to financial crisis was written and submitted by user Maxx Bates to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.