Pros of the Overthrow of the Hawaiian Monarchy Essay

My point was about the proâ's of the topple of the government. A couple of the reasons why the topple of the government was acceptable was on the grounds that Hawaii began to become multi-social . Being multi-social can be viewed as acceptable on the off chance that you consider it to be an approach to broaden our societies. Not to numerous states are as enhanced as Hawaii which is exceptional, a few people are just one race like me yet many individuals here are a blend of a wide range of ethnicities like Japanese, Chinese, Hawaiian, Samoan, dark, and white this mix of the considerable number of ethnicities is the thing that makes the individuals here that live in Hawaii remarkable. Another motivation behind why the topple of the government was acceptable was on the grounds that it at last it hinted at the extension of Hawaii to the US. At the point when we turned into a U.S. region Hawaii improved. Hawaii increased a sewer framework, extraordinary fortunes were made by the business individuals like the sugar and pineapple ranch proprietors, and furthermore the land business blasted. A significant thing that happen when we turned into the 50th condition of the U.S. was that America broadened the bill of rights which gave ladies the option to cast a ballot. Before in the government just multi year old white male that could peruse and compose English could cast a ballot. This gave ladies and men and the Hawaiian individuals more rights. Another expert of what the topple of the government is that now there was not just one ruler. Rather than it being just a single ruler it turned into a popular government. Indeed, even idea the arrangement of 1 despot was turning out to be so far the island of Hawaii was quickly changing and just having one ruler would likely not have fit the need of every one of that was going on in the islands. There was the necessities of the local Hawaiian that was likely the most essential to her, the requirements of the sugar stick and pineapple proprietors. The manors proprietor would need more land thus would the Hawaiians the requirements of everyone on the island could have gotten excessively wild for only 1 ruler to deal with so having a popularity based government would tackle the requirement for the entirety of that. Despite the fact that a few Hawaiians feel that the oust of the government was an awful thing there are a few Hawaiians that really imagine that the topple of the government was something worth being thankful for. Baron Arakaki from ‘Ewa Beach wrote in a letter to the proofreader that that addition to the United States was the best thing thatâ could happen to Hawaii, both for the local and outside populace. I am pleased to be a piece of the US and Iâ'm glad to be a local Hawaiian. A few Hawaiians acknowledged these progressions and have adjusted them into their ways of life. Called the bi-social Hawaiians, they took the best from the two universes. In a journal section that Queen Liliokalani composed she said and I quote ÂTho’ for a second (the topple) cost me an ache of torment for my kin, it was just passing, for the present has an expectation for the eventual fate of my people.ÂHawaiian individuals are very various of the subject on the oust of the government despite the fact that the local Hawaiian view point has been communicates ordinarily there is in every case more than one side of a storyOur bunch assessment of the oust of the government was terrible in light of the fact that numerous Hawaiians lost the very culture that made them individual to different races. Having the Hawaiian government detracted from the Hawaiians was as though something you were truly used to and were okay with tore away from you and told that it wasn't right and you should begin to live the way that we live and not in any event, having a state in it. We likewise believe that the oust of the government was acceptable too in a manner supposing that the topple wouldnâ't have happened then like where might we be currently? A few of us probably won't have ever met or even been conceived. Its like a portion of our folks would have never met and how Hawaii is presently would be way, way unique Catalog Pat, Pitzer. â€Å"The Overthrow of the Monarchy.† Hawaiian Independence. May 1994. 20 August 2006 . Samuel Kaluna, Kaluna. â€Å"Hawaii isn't lawfully a state!.† 21 August 2007 .

Selling in Uk Principles and Aspects Essay Example | Topics and Well Written Essays - 2500 words

Selling in Uk Principles and Aspects - Essay Example Whatever may be the channel to advertise, in UK trade, buyers reserve the option to return faulty merchandise for full discount. Plus, if deal is done through direct selling channel, the buyer has scratch-off right, regardless of the merchandise being damaged or not; these rights happen by the prudence of laws identifying with relative channel. The UK purchaser in direct selling industry has improved rights, if the merchant is a piece of Direct Selling Association. UK law worried about direct selling additionally gives the immediate retailer buyer insurance rights to end the understanding toward the beginning, or to stop it whenever on notice.â †¢ Consumers ought to get clear data about of the viewpoints includes in buy before they chose to buy anything. These incorporate the seller’s name, the cost of the item additional conveyance charges and VAT.†¢ To drop the request inside seven days following the receipt of merchandise and to get back the cash regardless of wh ether the buyer needs to make up for the arrival of products. On the off chance that the venders acknowledge later on that they can’t convey inside the time, they should advise the clients prior to drop the request or to get refund.â †¢ To guarantee security from fake exercises when clients pay by credit or platinum card which prompts break installment for no deficiency of the client, the card supplier should discount all the cash to the customers’ account. Not at all like in High Street buy the client can gripe to the Advertising Standards Authority. on the off chance that anything is seen extortion in the site. The Distance Selling Regulations monitor the clients from the tricky utilization of customer’s installment card in buy over web. The customer’s record ought to be re-credited with full sum, if any charge is made by the fraudster. Q. 2) The job of Trading Standards in authorizing enactment in the UK The Trading Standards Institute in UK is an expert body, proposed for exchanging with standard experts working in broad daylight and private segments. Exchanging Standards Services actualize enactments in defending

Health Promotion On Providing Information Leaflet On Taking

Health Promotion On Providing Information Leaflet On Taking Health Promotion On Providing Information Leaflet On Taking Aldronate/Risedronate Tablets â€" Essay Example > January 01, 2008University: Introduction-National Health PromotionPrime Determinants of healthThere are many elements of health even though it is regularly referred in the backdrop of illness and disease and poor health although it is more than sickness and ill health. It is a source for routing life and an affirmative notion placing significance on social and private sources as well as corporeal and mental abilities. Definition of health as given by World Health Organization emphasizes on maintaining absolute state of social as well as mental and physical well-being and note just lack of disease or illness. Later on this definition was expanded that health is a source for routing life and not an idea of living. It is thus an affirmative concept that places significance on societal and corporal abilities. There are many elements that manipulate and determine health, whether at personal level or general public levels. The economic, social and environmental elements are the prime ex ternal determinants of health. (Silverman. 2006)Factors Involved in National Health PromotionWhereas other factors at individual levels such as sex, hereditary, sex and life style options are also important. Accomplishment of physical as well as psychological welfare is not only the responsibility of a single person. The ability of a person to track good health is confined by unstable degrees of capabilities, data base and economic indications. A broad spectrum of economic, social and environmental elements along with issues of equity, parity and access impact on mental, social and physical well being depends on factors including; poverty; education; health services; unemployment; income appropriateness; and quality of water and housing. (Crannery E. 2002)If the income and sources are not adequate to prevent people from accomplishing a quality of standard of living as set by the particular society, they are said to be living in poverty. Resultantly appropriate income and sources p ossessed by people may be debarred and trivial from contributing in activities that are termed as normal for other people living in society. People whose echelons of economic affluence is less than other person in the broader community where they live, in fact suffer an uneven load of ill-health and untimely death when measured with the society as a whole particularly for those segments of the society who benefits from economic prosperity. The connection in poor health and superior ethical rates in individuals who are unemployed for long time and also from lower level of socio-economic set of people are the prime focus of health improvement programs. Skills RequiredAnother main element is the education which in its wider sense plays a significant role if every group of population is to extend their capabilities in dealing with the variety of circumstances they confronts in life. On the other hand education has the probability to expand the gap that exist between income powers of al ready benefitted and those persons who have almost no or little qualification. (Silverman. 2006)Whilst accessibility and approach to health services during recent years have improved globally yet there are certain groups in populations that are still not reaping benefits. People in rural areas and physical remoteness are blockades that have been quoted for men, women in general and older people in particular approaching health services. Underdeveloped literacy skills, places of health records and unstable levels of discrimination are particular constraints for other groups in a set of people seeking for health services. (Wehren E. 2005)

Types and Functions of the Ancient Roman Priests

Explore the ways Golding presents the relationship between Goody Pangall and Roger Mason Free Essays

The opening of the extract reveals that the relationship between the pair may not be mutual, and may appear to Goody to be threatening. This becomes apparent through the way in which her movements are described as being â€Å"brisk† yet â€Å"without much will to go forward†. This provokes the reader to fathom that there is some sort of aggressive energy between the duo, particularly when coupled with the projected image of â€Å"open terror† in her face. We will write a custom essay sample on Explore the ways Golding presents the relationship between Goody Pangall and Roger Mason or any similar topic only for you Order Now This may seem to be Golding’s method by which to foreshadow any abusive occurrences yet to come such as rape or violence. However, this whilst it may initially appear to be an abusive situation for Goody is infact quite the opposite as it is later revealed that her timid actions are not due to fear of an aggressor, but due to the â€Å"tent† which is said to be â€Å"feared† by them both. This â€Å"tent† as it is described is an invisible bond between the two, much like the â€Å"rope† which once tethered together Jocelin and Pangall. This bond however, unlike that between the two priests is almost self-enforcing as it confines them with each other and is described as having â€Å"shut them off† from the other characters. As this union between them is said to be â€Å"shut† it implies that the relationship is intended to remain private, which is unsurprising given the ideas and values of the time and their surroundings as it would be deemed strictly improper for this relationship to continue within the sanctity of the cathedral, and in particular is between two married people which even by modern standards is considered a taboo and so bears considerable stigma. The â€Å"tent† forms a palpable enclosure of secrecy in which the pair may act as they wish without being exposed, however the opaque exterior of the â€Å"tent† does not necessarily prevent their discovery as it has no barrier for sound, and under close and suspicious scrutiny becomes transparent, revealing their scandal. The â€Å"fear† expressed by Goody Pangall may also be a sign of guilt as it would be truly shameful for her affair to be unveiled, particularly by her husband. Also, the relationship between the pair is most likely based upon a physical attraction derived from the base instinct, lust. As such, the timing for the emergence of their relationship lends itself willingly to the overall plot as the stench of stagnant water and death emitted by the pit is symbolic of the Freudian id, as it is taken to be the more concealed and inviolable facet of the church due to its disruptive and disconcerting nature. As such, the surfacing of this illegitimate relationship has been timed well as it, like the stench is also likely to disrupt the already crumbling church community. Golding uses many alternative and diverse methods with which to present the affiliation between the couple. In this extract alone, he employs many techniques to present and investigate their association. The first apparent method is that of scrutinising observation from a distance, typically presented through the eyes of Jocelin, in a manner which literally means that the reader sees the world through his eyes. This is almost to be expected as Golding uses Jocelin as the focal point or foundation upon which the rest of the novel’s extreme depth and vision is constructed throughout the book. In this manner, the reader is introduced to the affair through the reactions and indignation of Jocelin. Read also Intro to Public Relations Notes However, Jocelin’s reactions must be taken with a hint of caution as it is obvious that he personally lusts after her and so is jealous of Pangall and now of Roger as his earlier comments such as â€Å"she is entirely woman† would indicate. However, it may be believed that the relationship is revealed or perhaps foreshadowed prior to the point of this extract as Jocelin forces the images to the back of his mind and so refuses to focus upon their implications, which allows him to evade any in depth thought or interpretation of previous situations which the reader may now link to the affair. Another method which Golding uses to present the relationship is simply that of narrative observation. This is employed towards the climax of the extract as the reader is no longer seeing the world from within Jocelin, but is being shown his reactions to it in order to interpret its meanings and implications. The relationship is clear and obvious in its existence and to Jocelin must have clear meanings as it is stated that â€Å"a strange certainty fell on Jocelin† as he spied upon the pair’s private meeting. In a somewhat removed and malignant manner, the climax of the relationship between the pair may prophesise and so foreshadows the end for Jocelin. This is due to the manner in which the death or eventual murder of Goody coupled with the severing of Jocelin from all other members of the church body such as Pangall as the â€Å"rope† which once â€Å"bound† them together has since been â€Å"cut†, even prior to his disappearance. In this manner it seems that all of Jocelin’s â€Å"old friends† now scorn or cease contact with him as a result of his blinding ambition. As such, once Goody is no longer alive for Jocelin to lust after and all others have deserted him, the eventual end of his life cannot be far off. Golding therefore uses an intense and diverse array of methods through which to display and enhance every facet of the relationship. As such allowing it to be interpreted and moulded by the reader so that it may be deemed to signify, any meanings ranging from the pedestrian to the fantastic. How to cite Explore the ways Golding presents the relationship between Goody Pangall and Roger Mason, Papers

Cleopatra Essay Research Paper TheodoraTheodora was the free essay sample

Cleopatra Essay, Research Paper Theodora Theodora was the married woman of Justinian I who was crowned Emperor of the Byzantine Empire in 527 AD. As his married woman, she ruled by his side, as his spouse, and her intelligence helped to progress the Empire. The exact topographic point of her birth has non been agreed upon. While some historiographers say she was born on the island of Crete off the seashore of Greece, others speculate that she might hold been born in Syria. Whichever the instance, she was brought up as the girl of a bear trainer who worked at the Hippodrome ( a immense stadium-like circus ) , in Constantinople. She worked at that place as a mummer, and subsequently as a full clip actress. At the clip, moving was non a extremely esteemed business particularly for adult females, so the term # 8216 ; actress # 8217 ; was considered synonymous with the term # 8216 ; prostitute # 8217 ; . While on phase she was remembered for her dare amusement accomplishments, away phase nevertheless, she lived a normal vernal life and was most remembered for her wild parties. We will write a custom essay sample on Cleopatra Essay Research Paper TheodoraTheodora was the or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page At the age of 16, she traveled to northern Africa as the comrade of an functionary. She stayed there for 4 old ages before returning to Constantinople. She stopped by Alexandria, the capital of Egypt and here she adopted Monophysitism. This was a signifier of Christianity that believed that Jesus Christ was entirely godly and non both human and Godhead as was the orthodox Christian belief. Monophysites were therefore non liked by Orthodox Christians since their instructions did non conform to those of the Orthodox church. On transition to Monophysitism, she gave up her former life style, and upon making Constantinople in 522, settled down as a wool spinster in a house near the castle of the Emperor. It was while in this low life style, at the age of 20, that she drew the attending of Justinian, so a authorities functionary. Theodora was non merely beautiful, but intelligent, witty and amusing, which is possibly why she won Justinian # 8217 ; s love so much that he appealed against an old Roman jurisprudence that forbade functionaries from get marrieding actresses in order to get married her. Justinian and Theodora were married in 525. In 527, Justin, the emperor of Byzantium, and Justinian # 8217 ; s father died. The twosome assumed control of the Empire and were crowned Emperor and Empress on 4th April of that same twelvemonth. They ruled on the side as joint sovereigns with Justinian leting Theodora to portion his thrown and take active portion I n determination devising. Possibly the most important event during Empress Theodora # 8217 ; s regulation was the Nika rebellion in which she proved herself a worthy and able leader. During this event, two rival political groups started a public violence at the Hippodrome. They set many public edifices on fire and proclaimed a new emperor. Justinian and his functionaries, unable to command the crowd prepared to fly, but Theodora spoke up and gave a moving address about the greater significance of the life of person who died as a swayer, over that of person who lived but was nil. Her determined address positive Justinian and his functionaries and they attacked the Hippodrome, killing over 30,000 Rebels and emerging winning. Historians agree that it was Theodora # 8217 ; s bravery and finding that save Justinian # 8217 ; s imperium. Throughout the remainder of her life, Theodora and Justinian transformed the metropolis of Constantinople, constructing it into a metropolis that for many centuries was known as the most fantastic metropoliss in the universe. They built aqueducts, Bridgess, and more than 25 churches, the most important of these being the Hagia Sophia # 8211 ; # 8216 ; Church of Holy Wisdom # 8217 ; . To adult females, Theodora may good be considered a baronial innovator of the adult females # 8217 ; s release motion. She passed on Torahs forbiding forced harlotry and established places for cocottes, passed rights that granted adult females more rights in divorce instances, instituted the decease punishment for colza and established Torahs leting adult females to have and inherit belongings. She besides provided safe shelter for Monophysitic leaders who faced resistance from the bulk orthodox Christians, even though her hubby Justinian was an Orthodox Christian. Empress Theodora died on 28th June, 548. Her organic structure was buried in the Church of the Holy Apostle, one of the glorious churches that she and Justinian had built in Constantinople. Beautiful mosaics in Empress Theodora # 8217 ; s recollection exist to this twenty-four hours at the Church of San Vitale at Ravenna in Northern Italy. Even after her decease, her spirit lived on, and in this manner she was able to hold influence on the Empire. Through what she had began, Justinian was able to conveying harmoniousness between the Monophysites and the Orthodox Christians, and the position of adult females in the Byzantine Empire was elevated high above that of the adult females in the Middle East and Europe. I got all of my information from hypertext transfer protocol: //www.salve.edu/~romanemp

An evaluation of the Economic Issues Identified in the ICB Report on Banking

Introduction In 2007, the United States of America woke up to a financial crisis that resulted from a continuum of malpractices among the financial institutions in the country.Advertising We will write a custom assessment sample on An evaluation of the Economic Issues Identified in the ICB Report on Banking specifically for you for only $16.05 $11/page Learn More The crisis spread to the other countries in the world and this caused a major panic among many world economies; both developing and developed. The worst was yet to come as at the latter stages of the financial crisis various international financial institutions would collapse due to failure in their stress test. This problem meant that millions of people and institutions lost wealth through the various companies’ collapsing stock. Virtually all the economies of the world experienced a negative growth. The effects of the financial global financial crisis continue to be felt to this date an d as such various measures have been taken to cushion individuals, institutions and governments from further adverse effects from the crisis or any future economic crunch. Governments have enacted rules and regulations that aim at controlling the financial sector. These measures taken to create a cushion against such effects in the future need to address the problem both regionally and internationally. This is because of the link that exists among the modern day financial institutions of the world. International borrowing is a common phenomenon in the modern day business world and as such, the problem of the international financial crisis needs to be addressed on international fronts.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More In effect, governments instituted committees and engaged various research firms to come up with reports on the causes of the global financial crisis and the measures that ought to be taken to curb the effects. One such report is the one given by the Independent Commission on banking (ICB). This essay evaluates the economic issues identified in the ICB report on banking that highlighted a number of issues in the way banks and the banking sector, operated in the run up to the economic crunch of 2007. The Independent Commission on Banking report This commission was established by the UK government in June 2010. The main responsibility of the commission was to establish structural and non-structural reforms in the banking sector that would ensure financial stability and competition. The commission came up with an interim and a final report which majorly focused on the reduction of the probability of systemic financial crises in the future, to ensure a constant flow of credit in the real economy and to enable households to manage their financial risks. The commission came up with recommendations that were aimed at providing financial stabil ity to the economy through various measures most of which revolved around government regulations. The main recommendations were to have financial institutions enhance their loss absorbing abilities; make it less costly to help banks that get into financial trouble. These recommendations together with others aimed at improving the competition will be discussed in the ensuing text. The Role of Money and Liquidity in the Economy One of the attributes of money is that it is used as a medium of exchange. This means that all financial transactions take place with money being the measure of value.Advertising We will write a custom assessment sample on An evaluation of the Economic Issues Identified in the ICB Report on Banking specifically for you for only $16.05 $11/page Learn More Money is considered the most liquid asset that an organization can hold at any given time. The term liquidity refers to the ability to buy real goods immediately. Money is therefor e the most liquid asset although other assets such as treasury bills are also very liquid. Assets can be classified as liquid, semi-liquid or illiquid. A company that has liquid assets such as cash is able to meet its current obligations as they fall due. However, if a company has semi liquid assets and illiquid assets, it may experience problem when trying to convert the semi-liquid assets to liquid assets so as to meet the current obligations as they fall due. Illiquid assets are those that cannot be easily converted to liquid assets on demand. A company is therefore required to maintain a certain amount of its assets in the liquid form so as to help it meet its liquidity needs whenever they fall due. The importance of liquidity can therefore not be over emphasized. In the run up to the global financial crisis the main problem arose when financial institutions experienced liquidity problems in the mortgage markets. Other financial banks that had cash became reluctant to lend to th ese financial institutions and since a lot of assets were held up in illiquid assets the financial sector came tumbling down. The importance of money is seen herein therefore since money is able to help a company meet its current financial obligations as they fall due.Advertising Looking for assessment on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Liquidity is therefore as vital aspect of any financial institution since financial obligations are usually net by liquid assets. There is always a relationship between liquidity and crises. When the financial industry increases in capital and liquidity decreases, a crisis is likely to occur and a look at the recent financial crises reveals that the fall of liquidity has a high correlation with financial crises. Understanding Liquidity provision It is clear that liquidity played a critical role in the 2007 financial crisis. It is therefore paramount to understand the importance of liquidity provision in the financial institutions and markets context. To understand this, the concept of financial intermediation will need to be introduced. Financial intermediation occurs due to financial surplus and deficits. It is defined as the act by the financial institutions mostly banks to acquire cash from money lender through deposits and savings and avail this cash to the various money borrowe rs. Therefore a bank acts as a financial intermediary between the borrowers and the lenders. In carrying this role, banks usually receive liquid cash and avail the same to the borrowers. The banks are required to however, reserve a portion of the deposits as a reserve ratio. This enables them to cushion themselves from defaulting loans as thus reducing the effects of possible default risk. In this regard the ICB had a recommendation to the government to enact regulations that will help the banks absorb the losses that come from defaulting and this is meant to increase liquidity. The need for financial intermediation therefore comes in where at any given time there are individuals or corporate who have the surplus cash at their disposal while at the same time there are others that have deficit. The need to borrow raises the need for financial intermediation. The problem arises however when the financial institutions lend much money to the borrowers leading to a liquidity problem. Sin ce financial institutions also borrow from one another, the only solution to this liquidity problem from the money lenders is to borrow from other financial institutions. A failure in the inter-bank borrowing usually depicts signs a financial crisis. The approach to regulation of the Financial Services Authority The whole report aimed at proposing regulation and enacting requirements that seek to provide financial stability among the financial institutions. The several methods that were put forward to achieve this were to increase the loss-absorbency by banks, structural reforms, as well introducing the ring fencing concept in retail banking. These proposals were all aimed at ensuring that the financial institutions and hence the economy is cushioned from the adverse effects of the financial crisis. Loss absorbency meant that banks are required to have a primary loss absorbing capacity of at least 17%- 20%. This would ensure that retail banking sector would have equity as part of th at loss-absorbing capacity. The other methods such as financial stability and structural reforms were all aimed at ensuring that the market risk is cushioned against. These measures are however not to be used in seclusion. They are meant to complement each other and not to act as mutually exclusive courses of actions. The importance of regulation therefore comes in that the financial need to practice rational and have measures that are referred to as prudent. This is important more so when operating in a financial environment that is highly volatile. The various principles behind the financial regulation are increasing the ratio of capital to â€Å"risk weighted† assets and providing a thick layer of equity capital. The structural reforms were aimed at having a structural separation that would make it easier to help out banks that get into problems. This was proposed because of the observation made there were various structural malpractices such as a combination of retail and investment banking and so on. Examination of the various financial markets involved Financial market is the system that incorporates the financial institutions, financial intermediation, the money and the capital markets in one system and seeks to provide a common playground where all the financial players can operate. If the financial markets are perfect, the liquidity in the financial system is efficient and as such the banks are able to hedge on the possible liquidity shocks. A successful management of the liquidity in the market means that the firms are able to operate at equilibrium with the financial securities. If the financial markets are incomplete, the firms experience the problem of liquidity since they are unable to hedge on the liquidity risks. This is a primary source of financial crisis among many financial institutions and as they continue on their financial intermediation role it becomes exceedingly strenuous for them to operate under such liquidity problems. This can further lead to cash-in-the-market pricing. This leads to a subsequent fall in the prices of safe assets and as such, a situation of financial fragility can result. Since liquidity holders have the opportunity cost of lending their cash to banks, they can in turn choose to invest their cash in other assets. This means that the financial system will experience a shortfall in the amount of liquid assets in terms of deposits. Therefore the complete and the incomplete financial markets have a role to play in ensuring that the money lenders prefer savings to direct investing. As such, financial markets ought to be less volatile so that the money lenders can deposit their cash and consequently boost the liquidity. The other problem that may be experienced by incomplete financial markets is the contagion. This happens when there is a high inter-linkage between the banks. The problem with high inter-linkage is that a problem in one bank easily spreads to other banks and as such a liquid ity problem experienced by one bank can result in a subsequent problem on another one. This is because a bank that experiences a financial shock will cause another bank that has claim on its stock which falls in value. If the system in the financial markets is highly inter-related, the effects may spill over to many other banks resulting in a crisis that affects the whole economy. The recommendations proposed by the ICB therefore sought to deal with this problem of contagion through proposing structural reforms that encouraged smaller control spans among the financial institutions. Conclusion The final report by the Independent Commission on Banking (ICB) aimed at creating a more stable and a competitive financial sector in the United Kingdom. The run up to the global financial crises was characterized by a lot of financial institutions’ malpractices. As such according to the ICB final report, the financial institutions ought to put in place measures that ensure that the vari ous critical requirements such as liquidity provision, financial stability and loss absorption are well catered for. The financial markets also ought to be complete as this will ensure that the inter-relationship between banks do not pose a huge financial risk to the financial institutions and the financial markets as well. The financial institutions’ structures ought to be simplified such that the firm can easily be sorted in case of a financial crisis. The aspect of ring-fencing should also be incorporated in the retail banking so as to ensure that the banks operate within allowable limits of lending and reserve ratios. All these solutions ought to be used to complement each other rather that as mutually exclusive courses of action. This will ensure a diversified approach that will allow the financial institutions to operate in clearly spelt out financial markets and reduce the various financial risks that pose a threat to the sustainability of complete financial markets. T hese factors once incorporated in the modern day financial institutions management will ensure that the firms do make decisions that will avoid future financial crises. References Acharya, V., Yorulmazer, T. (2008). Information contagion and bank herding. Journal of Money, Credit and Banking , 215-31. Allen, N. B., Gregory, F. U. 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Macroeconomics of the Global Financial Crisis: Monetary and fiscal Responses. Oxford review of Economic Policy , Volume 26 (Issue 1.), 32. Motta, M. (2004). Competition Policy: Theory and Practice. New York: Cambridge. Pauline, W., Sidney, J. G. (2007). International Financial Analysis and Comparative Corporative Performance. Journal of International Financial Management and Accounting , 111-30. Shleifer, A., Vishny, R. (1992). Liquidation values and debt capacity: A market equilibrium approach. The Journal of Finance , 1343-66. van Lelyveld, I., Knot, K. (2008). Do financial conglomerates create or destroy value? Evidence for the EU. Journal of Banking and Finance , 2312-21. Wagner, W. (2010). Diversification at financial institutions and systemic crises. Journal of Financial Intermediation , 373-86. Wendy, C., Mayer, C. (2003). Finance, Investment and Growth. Journal of Financial Economics , 10-326. Wild, J. J., Supranyam, K. R., Hasley, R. B. (2007). Financial Statement Analysis. New York: Mc Graw Hill. This assessment on An evaluation of the Economic Issues Identified in the ICB Report on Banking was written and submitted by user Kylah C. 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.