The Financial System of Bangladesh Free Essays

string(73) set by the BB’s Investment Committee headed by a Deputy Governor. Diagram of Financial arrangement of Bangladesh The money related arrangement of Bangladesh is included three expansive divided segments: 1. Formal Sector, 2. Semi-Formal Sector, 3. We will compose a custom exposition test on The Financial System of Bangladesh or then again any comparative theme just for you Request Now Casual Sector. The divisions have been sorted as per their level of guideline. The proper division incorporates every controlled establishment like Banks, Non-Bank Financial Institutions (FIs), Insurance Companies, Capital Market Intermediaries like Brokerage Houses, Merchant Banks and so on ; Micro Finance Institutions (MFIs). The semi formal area incorporates those organizations which are controlled in any case however don't fall under the ward of Central Bank, Insurance Authority, Securities and Exchange Commission or some other authorized money related controller. This division is mostly spoken to by Specialized Financial Institutions like House Building Finance Corporation (HBFC), Palli Karma Sahayak Foundation (PKSF), Samabay Bank, Grameen Bank and so on , Non Governmental Organizations (NGOs and discrete government programs. About money related Market The money related market in Bangladesh is for the most part of following sorts: 1. Currency Market: The essential currency showcase is involved banks, FIs and essential sellers as go-betweens and reserve funds loaning instruments, treasury charges as instruments. There are as of now 15 essential vendors (12 banks and 3 FIs) in Bangladesh. The main dynamic optional market is for the time being call currency showcase which is taken an interest by the planned banks and FIs. The currency showcase in Bangladesh is managed by Bangladesh Bank (BB), the Central Bank of Bangladesh. . Capital market: The essential section of capital market is worked through private and open contribution of value and security instruments. The auxiliary section of capital market is standardized by two (02) stock trades Dhaka Stock Exchange and Chittagong Stock Exchange. The instruments in these trades are value protections (shares), debentures, corporate securities and treasury securities. The capital market in Bangladesh is administered by Securities and Commission (SEC). 3. Outside Exchange Market: Towards advancement of remote trade exchanges, various measures were received since 1990s. Bangladeshi cash, the taka, was pronounced convertible on current record exchanges (as on 24 March 1994), as far as Article VIII of IMF Article of Agreement (1994). As Taka isn't convertible in capital record, occupant claimed capital isn't openly transferable abroad. Repatriation of benefits or disinvestment continues on non-occupant FDI and portfolio venture inflows are allowed unreservedly. Direct speculations of non-inhabitants in the modern part and portfolio ventures of non-occupants through stock trades are repatriable abroad, as likewise are capital gains and benefits/profits consequently. Venture abroad of inhabitant possessed capital is liable to earlier Bangladesh Bank endorsement, which is permitted just sparingly. Bangladesh embraced Floating Exchange Rate system since 31 May 2003. Under the system, BB doesn't meddle in the assurance of conversion scale, however works the financial arrangement judiciously for limiting extraordinary swings in swapping scale to maintain a strategic distance from unfavorable repercussion on the local economy. The conversion scale is being resolved in the market based on showcase request and flexibly powers of the particular monetary forms. In the forex showcase banks are allowed to purchase and deal outside cash in the spot and furthermore in the forward business sectors. Nonetheless, to dodge any surprising unpredictability in the swapping scale, Bangladesh Bank, the controller of outside trade advertise stays watchful over the improvements in the remote trade showcase and mediates by purchasing and selling remote monetary forms at whatever point it considers important to keep up steadiness in the outside trade advertise. Controllers of the Financial System Central Bank Bangladesh Bank goes about as the Central Bank of Bangladesh which was set up on December 16, 1972 through the establishment of Bangladesh Bank Order 1972-President’s Order No. 127 of 1972 (Amended in 2003). The general administration and bearing of the issues and business of BB have been depended to a 9 members’ Board of Directors which is going by the Governor who is the Chief Executive Officer of this establishment too. BB has 40 divisions and 9 branch workplaces. In Strategic Plan (2010-2014), the vision of BB has been expressed as, â€Å"To grow ceaselessly as a forward looking national keep money with skillful and submitted experts of high moral principles, leading fiscal administration and budgetary division oversight to keep up value soundness and monetary framework power, supporting quick expansive based comprehensive financial development, work age and destitution annihilation in Bangladesh†. The primary elements of BB are (Section 7A of BB Order, 1972) †1. to detail and execute fiscal strategy; 2. o plan and execute mediation approaches in the outside trade advertise; 3. to offer guidance to the Government on the collaboration of money related strategy with monetary and swapping scale arrangement, on the effect of different approach gauges on the economy and to propose authoritative estimates it thinks about essential or fitting to achieve its destinations and play out its capacities; 4. to hold and deal with the authority remote stores of Bangladesh; 5. to advance, direct and guarantee a protected and effective installment framework, including the issue of monetary orders; 6. o direct and regulate banking organizations and budgetary establishments. Center Policies of Central Bank Monetary approach The fundamental destinations of money related arrangement of Bangladesh Bank are: †¢Price dependability both inward outside †¢Sustainable development advancement †¢High business †¢Economic and effective utilization of assets †¢Stability of budgetary installment framework Bangladesh Bank pronounces the fiscal strategy by giving Monetary Policy Statement (MPS) twice (January and July) in a year. The devices and instruments for execution of money related approach in Bangladesh are Bank Rate, Open Market Operations (OMO), Repurchase understandings (Repo) Reverse Repo, Statutory Reserve Requirements (SLR CRR). Hold Management Strategy Bangladesh Bank keeps up the outside trade save of the nation in various monetary standards to limit the hazard rising up out of across the board vacillation in conversion scale of significant monetary standards and exceptionally unpredictable development in loan costs in the worldwide currency advertise. BB has built up Nostro account courses of action with various Central Banks. Assets collected in these records are put resources into Treasury bills, repos and other government papers in the individual monetary standards. It likewise makes interest as momentary stores with various high evaluated and presumed business banks and acquisition of high appraised sovereign/supranational/corporate securities. A different division of BB plays out the operational capacities with respect to speculation which is guided by venture approach set by the BB’s Investment Committee headed by a Deputy Governor. You read The Financial System of Bangladesh in class Article models The basic guideline of the venture arrangement is to guarantee the ideal quantifiable profit with least market hazard. Loan cost Policy Under the Financial area change program, an adaptable intrigue strategy was figured. As per that, banks are allowed to charge/fix their store (Bank/Financial Institutes) and Lending (Bank/Financial Institutes) rates other than Export Credit. At present, aside from Pre-shipment send out credit and horticultural loaning, there is no financing cost top on loaning for banks. However, banks can separate financing cost up to 3% considering similar hazard components required among borrowers in same loaning classification. With dynamic deregulation of financing costs, banks have been informed to declare the mid-rate concerning the breaking point (assuming any) for various divisions and the banks may change premium 1. 5% pretty much than the declared mid-rate based on the relative credit hazard. Banks transfer their store and loaning financing cost in their particular site. Capital Adequacy for Banks and FIs With the end goal of fortifying the capital base of banks FIs, Basel-II Accord has been presented in both of these parts. For banks, full execution of Basel-II was begun in January 01, 2010 (Guidelines on Risk Based Capital Adequacy for banks). Presently, planned banks in Bangladesh are required to look after Tk. 4 billion or 10% of Total Risk Weighted Assets as capital, whichever is higher. For FIs, full execution of Basel-II has been begun in January 01, 2012 (Prudential Guidelines on Capital Adequacy and Market Discipline (CAMD) for Financial Institutions). Presently, FIs in Bangladesh are required to look after Tk. 1 billion or 10% of Total Risk Weighted Assets as capital, whichever is higher. Store Insurance The store protection plot (DIS) was presented in Bangladesh in August 1984 to go about as a security net for the contributors. All the booked banks Bangladesh are the individual from this plan Bank Deposit Insurance Act 2000. The motivation behind DIS is to assist with expanding market discipline, lessen moral peril in the money related area and give wellbeing nets at the base expense to the general population in case of bank disappointment. A Deposit Insurance Trust Fund (DITF) has additionally been made for giving restricted assurance (not surpassing Taka 0. 01 million) to a little contributor if there should be an occurrence of ending up of any bank. The Board of Directors of BB is the Trustee Board for the DITF. BB has received an arrangement of hazard based store protection premium rates material for every single booked bank powerful from January †June 2007. As per new guidance with respect to premium rates, issue banks are required to pay 0. 09 perc

Cults in our Midst :: Essays Papers

Factions in our Midst The book Factions in our Midst, informs all concerning the issues of cliques and what you should search for when attempting to see in the event that somebody is engaging in a religion. It has a wide range of thoughts on what makes a faction and the issues that they put on our general public. The intriguing piece of this book to our gathering was the way it clarified how religions use mind control on individuals to get them to join a faction. It clarifies in a productive configuration how a clique approaches selecting its individuals. The strategies that cliques use are not moral but rather the writer doesn't move toward the subject by picking a side yet rather allows the peruser to reader if what factions do is positive or negative. I imagine this was a decent method to move toward the peruser in light of the fact that as a rule the creator can influence their crowd effectively by just expressing the negative or positive side of a subject. I feel that the creator had an awesome hang regarding the matter and worked admirably at bringing the data over a not a ton of assessments. I likewise got a great deal of my data from a site. The site's location is www.factnet.org. It contained a great deal of data on the utilization of brain control and cliques. It had a variety of thoughts regarding approaches that cliques took to lure individuals to go along with them. They had numerous valuable connections and data was put on the site in a way that made it simple for you to discover data on any region that you were keen on. They have two or three passages on each area that gives you a snappy diagram of the subject. On the off chance that you might want to get more data on that topic they give you references and furthermore connections to different locales that would help you in your examination.

MBA Interview with UVA Darden Student Archana Rao

Archana This interview is the latest in an Accepted.com blog series featuring  interviews with current MBA students, offering readers a behind-the-scenes look at  top MBA programs. And now for a chat with Archana Rao, second-year student at UVA Darden. Accepted: Wed like to get to know you! Can you tell us a little about yourself? Where are you from? Where and what did you study as an undergrad? Archana: Originally from India and being an Army Officer’s daughter I studied in 8 different schools and lived in more than 16 different states. Studied Electronics and Telecomm Engineering and pursued a course in Advertising and Public Relations to strike a balance between my quantitative and qualitative skills sets. Accepted: What year are you at UVA Darden?   Archana: Second Year Darden Accepted: Why did you choose Darden? Why did you think it was the best fit for you? Has it lived up to its expectations?   Archana: I chose Darden because I wanted to study in a college town with a rich history, wanted a small class size, and the case study method. Darden fit this exact criteria and it lives up to its expectations every single day. Accepted: If you could change one thing about the program, what would it be? Archana: I wish there was a larger focus on Technology careers. Measures are being taken to build better relations with the Bay Area. Accepted: Which other MBA programs had you considered? Did you only consider programs in the U.S.? Why or why not? Archana: I looked at Yale, Kellogg and Haas for particular concentrations that they specialize in. I got accepted at the Indian School of Business, Hyderabad, but chose to study in the US given the global exposure offered and the extensive diversity here. Accepted: What was your pre-MBA job? Do you plan on returning to that industry after you receive your MBA? Archana: I worked at the HSBC Bank as a project management consultant where I was also a global sustainability champion doing pro-bono consulting for non-profit partners in Education. This drove me to join the Teach for India movement where I taught English and Math in a public school. I realized that there was lack of mentorship beyond school hours and decided to co-found a non-profit called Mentor Me India in Mumbai. Most recently I spent the summer with the Boston Consulting Group in Houston working in Global Education strategy for the World Economic Forum and industry benchmarking for unconventional shale gas. I will continue to be in consulting full-time given the steep learning curve and opportunity to work across different industries and functional areas. Accepted: Can you talk about the internship process at Darden? What role did they play in helping you secure your internship at BCG? Archana: The internship process at Darden is competitive and begins almost immediately as you step on grounds in first year. Being focused, organized, and confident is the key in being successful in the process. There are numerous support structures like the career development center and your second year coach to guide you all along the way. Your second years are the most valuable resource given that they just came back from a summer internship and have been through the whole process only a few months ago. I utilized all of the above to be well prepared to secure the internship at BCG. Accepted: Can you share some advice to incoming first year students, to help make their adjustment to b-school easier?  Ã‚   Archana: 1. Have an open mind coming in, with a vague idea of what you might like doing for a career. Recruiting begins sooner than you think! 2. Focus on learning skills rather than just grades. 3. Build meaningful relationships with your classmates and professors. They are world-class at a top-business school. Accepted: Looking back, what was the most challenging aspect of the MBA admissions process? How did you approach that challenge and overcome it? Archana: Having had a variety of experiences in my career before b-school I was not sure how to communicate my short term and long term goals. But talking to people who had inspiring careers and understanding how they got there gave me a roadmap to how I could communicate those questions. It’s a very reflective process. It was very valuable for me to invest time in thinking about what I really wanted out of life and how I wanted to spend my time. Accepted: Can you tell us about your blog? Who is your target audience? What have you gained from the blogging experience? Archana: 1. My first blog (Life is My Classroom) shares my learnings from experiences I have had at Teach for India and at Darden. It gives everyone a window into thoughts and observations that others in these institutions also experience but don’t necessarily share. I love writing and it’s a great way to de-stress when things get extremely busy at Darden as well! 2. Life on a Post-it – In today’s world where people’s attention spans are shrinking, I believe that cartooning is a strong medium in communicating my thoughts, observations, and musings about life, career, education, relationships etc. on a post-it! I enjoy cartooning and post-its and this blog lets me combine the both. For one-on-one guidance on your b-school application, please see our MBA Application Packages.   You can read more about Archana’s journey by checking out her blog, Life is My Classroom. Thank you Archana for sharing your story with us – we wish you loads of luck! Related Resources: †¢Ã‚  UVA Darden 2015 MBA Questions, Deadlines, Tips †¢ Against the Odds: MBA Admissions for Indian Applicants †¢Ã‚  How to Become a Management Consultant

The Great War - 748 Words

â€Å"The Great War† On 28 June 1914, a Serbian shot an Austrian. Within six weeks, many of the countries of Europe had become involved in a war that was to cause the deaths of 10 million soldiers, but was the assassination the only cause of war? WWI wasnt just any war, it was also a new beginning and a new cause for a few of the european countries that had been involved. The end results for Germany had been the worst, which not only caused Germany to have a new purpose and have resentments, but also to make something new from that beaten Germany. WWI was caused by many factors but the ones that always come first to our attention could be one such as Militarism, which was an arms race that was capable of making countries into great allies or an enemy to fear. Not only do some people feel pride in being what they but also they can take their nationalism to a whole new level. Take hitler as an example. Believing that his race was far better than any of the others out there, but it doesnt end there. Allies was a big part of it also. If one country went to war with another then the allies would be called upon and join in as well, which led to the opposing countries allies stepping in followed by any of their allies, allies. But change played a great role also. Not everyone wanted change which could mean a loss to any power a country held. Imperialism wasnt accepted by all and there were those leaders in countries that knew what imperialism could mean to the power theyShow MoreRelatedThe War Of The Great War1482 Words   |  6 Pagesthe Great War had ended, leaving mostly Western Europe scathed by conflict between nations. With groundbreaking technology the conflict proved to be one of the most devastating in world history, especially with the immense amount of casualties of over 38 million. Picking itself up from the ground that was stained with blood, Europe at the time did not have any idea of the conflict that would soon follow approximately twenty years after; another world war. I t is the end of the first world war conflictRead MoreThe War Of The Great War Essay973 Words   |  4 Pages World War â…   was such a significant war in history, that contributed to many changes to the world today. From 1914 to 1918 the â€Å"Great War† was being fought between the central and allied forces. The trench warfare during the rough years provided a stalemate, a situation in which no progress can be made or no advancement is possible. So, as a result the allied forces made a peace treaty to finally end the prolonged bloodshed. After five long years of nations constantly fighting, the allied forcesRead MoreThe War Of The Great War1421 Words   |  6 Pagesnations began World War I with a glamorous vision of war, only to be psychologically shattered by the realities of the trenches. The experience changed the way people referred to the glamour of battle; they treated it no longer as a positive quality but as a dangerous illusion.† Virginia Postrel The Great War began on July 28, 1914. There are several causes of the war and several of them start in the Balkans. The causes were political, territorial and economic conflicts among the great European powersRead MoreThe War Of The Great War1520 Words   |  7 Pages World War One, appropriately named the Great War in the heat of its battles, was the war that many thought would end all other wars. And at the time, it certainly seemed that would be the case. It was a new type of a war, there were new, terrifying weapons, leading to deaths in numbers unseen from previous wars. The battles dragged on, it became trench warfare. There seemed to be no end in sight for the longest time. But the war did end and the people and politicians of the 1920s were left to dealRead MoreThe War Of The Great War1553 Words   |  7 Pagesbills were proposed. However, in 1912, the third Home Rule bill was passed in Westminster, only to be suspended upon British entrance into the First World War. Irish members of Parliament that had been pushing for Home Rule for many years finally saw their plans come to fruition, only to be stalled by the outbreak of the Great War. This war was costly, and required significant support from the United Kingdom and it’s respec tive colonies. The actions of the British government helped to fuel radicalRead MoreThe War Of The Great War3373 Words   |  14 Pagesrace, and military plans created a perfect situation for a war in Europe, which would eventually become the Great War. With Germany, Great Britain, France, and Russia being the top powers in Europe, these countries would be the front runners in the discussion of the topics mentioned above and how their participation in those topics eventually led to the Great War. The order of topics to discuss that would ultimately lead to the Great War would be Imperialism being the spark that would lead to anRead MoreThe Great War1254 Words   |  6 PagesThe Great War The Great War, which is more commonly called World War I began on July 28, 1914 and lasted until November 11, 1918. It was a global war centered in Europe and involved more than 70 million military personnel. There were over 9 million combatants, and 7 million civilians died as a result of the war (Keegan, 1998). It was one of the deadliest recorded military conflicts in history, and was the reason for numerous major political changes. The main event that led to theRead MoreThe Great War Essay1454 Words   |  6 Pagesdisagree about the causes of the Great War as there are numerous different sources of the conflict, both long term and short term. The assassination of Archduke Franz Ferdinand is considered the catalyst that sparked the war but there are deeper, more complex reasons for its beginning. The extensive alliance system throughout Europe, as well as the German foreign policy of expansionism helped to ignite what was a relatively small international conflict into a worldwide war. Imperial tensions also addedRead MoreThe Great War1416 Words   |  6 PagesWorld War One was a time of devastation for Europe. Many factors lead to great tensions in Europe, sparking the desideratum for a war. This war, other sagacious ken as The Great War, occurred in 1914 until 1918. It had many famous battles, such as The Battle of Tannenberg, a battle of many casualties, especially for the Russia. The war was mainly fough t between the members of the Triple Alliance and the members of The Triple Entente. Eventually, countries such as the USA joined in. Rivalries betweenRead MoreThe Great War1256 Words   |  5 PagesThe Great War may be perceived as a milestone historical event serving two intertwined roles in the course of 20th-century British politics. Firstly, on certain grounds, it provided a fertile soil for the justified continuation and extension of a rather radical social reform initiated under the Liberal leadership since 1906, thus shifting the politics towards a more big-government-oriented direction. In the early post-war years, it was suitable for the Conservatives to undertake this task on the

The Importance Of Love In Dante Alighieris The Divine Comedy

In Dante Alighieri’s poem, The Divine Comedy, Dante’s quest to find Beatrice symbolizes the importance of allowing love to be ones guide to divine understanding, for this is the only action which is completely controlled by God. Dante argues that although we have desires for sinful actions, humans have the ability to control these desires and decide our own fate. Furthermore, he argues that even if humans commit sin in life, if they will redemption before being sent to hell, they have the opportunity to purify themselves of purgatory. Thus, for Dante, choice is an ever present and vital part of life, and therefore, fate does not exist. But love for Dante is different. Dante argues that love cannot be controlled or chosen. There is no†¦show more content†¦Dante, the pilgrim, meets a man in Purgatory named Marco Lombardo, and he explains to Dante how everyone has free will, and that, â€Å"intellect† (Dante, Purgatorio XVI. 80) is what frees him â€Å"fro m the heavens’ influence† (Dante, Purgatorio XVI. 81). Lombardo is telling Dante that the more intellectual knowledge one has, the more control one has over their own fate. Lombardo goes on to tell Dante that, â€Å"The spheres [are what] start your impulses along† (Purgatorio XVI. 73) and that the soul â€Å"turns eagerly to all that gives it pleasure† (Purgatorio XVI. 90). Thus, our souls are drawn towards beautiful and pleasurable things first, and in order to make sure that these beautiful things aren’t coming from a â€Å"simple soul† (Purgatorio XVI. 87), which will deceive, one must â€Å"guide its love to higher things† (Purgatorio XVI.93). But thankfully Lombardo reassures Dante that he is â€Å"headed the right way to reach the stair that leads above† (Purgatorio XVI. 49). By following his desire for Beatrice, he is on his way to the divine. The idea that love is what is leading Dante in the direction of heaven is evid ent in Lombardo’s words. Virgil, human reason, does not only lead Dante physically through Purgatory, but he also leads him with his words as Lombardo does. Vigil tells Dante that he must â€Å"give [his] entire attention to [his] words†Show MoreRelatedThe Divine Comedy1705 Words   |  7 PagesItaly, brought about a literary revival. One of the writers that influenced this revival is Dante Alighieri, a 13th century poet from Florence, Italy. His world famous epic, La Commedia, or more commonly known as The Divine Comedy remains a poetic masterpiece depicting truth and sin. The Divine Comedy, through the journey into the three hells, expresses a universal truth of good versus evil. Alighieri’s life of heartbreak with the influences of other famous poets like Homer and Virgil has affectedRead MoreAnalysis Of Dante s Divine Comedy 1362 Words   |  6 PagesMrs. Bauerle English 12 22 December 2016 Purgatory Purgatory is part number two in Dante’s ‘Divine Comedy’. This was written in 1300. Although the story is rather ancient and rare, when looking at the spiritual story with a logical mindset it has the ability to connect with today. The connection I was able to find behind Dante’s work of art was the psychological and geographical impact. ‘The Divine Comedy’ contains real life morals; Dante’s work is far more than just a spiritual afterlife poem seriesRead MoreTaking a Look at the European Renaissance Essays1385 Words   |  6 Pagespractices of the church and promoted secular principles, many humanists were pious Christians. The point of humanism was not to do away with religious beliefs, but simply to examine the individual and find happiness in non-religious practices. The importance of Greek and Roman classics were emphasized in humanism because humanists believed that humans reached their greatest potential during the times of the Greeks and Romans. Humanists believed that this ancient literature could reveal what was neededRead MoreInferno And The Divine Comedy1834 Words   |  8 PagesInferno (c. 1314) serves as the first part of Dante Alighieri’s poem Divine Comedy which is a journey through Hell, Purgatory, and Heaven. On a broader level, Divine Comedy serves as an allegory for the journey of the soul towards God through the created earth. Inferno and the Divine Comedy serve as a form of scholastic thought, the rational study of religion, as Dante draws on medieval theology to share the modern view on God and the afterlife. This essay explores Dante’s perception of the universeRead MoreQuiz on Dantes Inferno464 Words   |  2 PagesQuestion 1. Dante Alighieris Inferno is the first part of the Divine Comedy poem he wrote during the fourteenth century. The text describes Dantes travels through hell as Virgil, the Roman poet, guides him and provides him with information concerning each segment of hell. Virgil proceeds with emphasizing the importance of being familiar with the circles of hell in order to be able to successfully advance through it. He informs Dante concerning the souls in the first circle of hell: TheyRead MoreThe Inferno : Depiction And Representation Of Women2519 Words   |  11 Pagesthe context of the poem than what they say alone. Dante lived in an era when women did not occupy influential roles in the public realm, and were actually discouraged from engaging in intellectual or philosophical debate. Women were not allowed to take part in political discourse nor communicate through the medium of poetry. For the exclusion of women from the historical and literary western canon, Dante’s perception of women in The Divine Comedy can be seen as an underlying framework for furtherRead MoreThe Power Of Knowledge Is A Fundamental Component Of Being Human1994 Words   |  8 Pageshave understood this for thousands of years and have documented as such in their works. The Biblical Genesis, which purportedly describes the first humans, shows how knowledge was first obtained, showing from an early age that man understood its importance. Aesop’s fables from ancient times use the acquisition and application of knowledge as a cornerstone for their construction. Homer’s Odyssey and Dante’s Inferno, both great recognized works, demonstrate protagonists with prudent minds, and the

Chinas One Child Policy free essay sample

China’s One Child Policy Like Arthur Waley states When a son is born, Let him sleep on the bed, Clothe him with fine clothes, And give him jade to play†¦When a daughter is born, Let her sleep on the ground, Wrap her in common wrappings, And give broken tiles to play†¦. Traditional Chinese Society value and worship boys rather than girls because they say boys are more beneficial since they are harder workers and they carry on the last name of the family. Even though China may be heavily populated, its one child policy is brutal and needs to stop because newborn females are being abandoned, murdered, and abortions are conducted at an alarming rate. In 1967, the one child policy was introduced to limit the population since it was one of the worlds most populated country. â€Å"The one child family policy was developed and implemented in response to concerns about the social and economic consequences of continued rapid population growth† (Kane). This policy limited every family to have one child in order to try and decrease the size of the population in China. In some areas, the law didn’t apply if the first born child was a girl, military officers of a certain rank, members of China’s many ethnic minorities or farmers who were poor. Many families who decided to have more than one child, weren’t able to obtain a birth certificate, education, future birth control, and a fine would be applied to each and every other child one has. Those who didn’t want to face the consequences of having another child, often aborted or just left the baby to die in the street, especially if it was a baby girl. The frequent use of abortion and neglect in china is just savage to those innocent babies of Chinese families. Female Infanticide increased in China due to this one child policy. â€Å"Although the Chinese government recognized the risks to female infants in rural areas where anti-female bias is greater, allowing couples to have a second child if the first is a girl, the number of girls who have been subject to murder and neglect, as a result of this policy, numbers in the millions† (Female Infanticide). China’s one child policy was passed knowing that the female infanticide would grow and as a result it led to millions of neglected and murdered newborn girls which brought the birth rate of girls down. â€Å"Despite the egalitarian nature of Chinese society, many parents believe that having a son is a vital element of providing for their old age. Therefore in extreme cases, a baby is killed if it is not of the preferred sex, because of the pressure not to have more than one child† (Female Infanticide). Girls in China are being neglected and intentionally killed by their own parents due to the fact that many families in china prefer to have a son since they are the ones who carry the last name and are more likely to succeed. â€Å"The main reasons given for abortion are contraceptive failure and a lack of government approval for the pregnancy under the one child policy† (Hesketh). The lack of money also resulted in many abortions and neglect of newborn babies. If families followed this one child policy, the first child would earn free education, health and money for their one and only child. Having more than one baby effected the life’s of many families because of the fact that there would be a fine assigned for each and every other child they had, they wouldn’t earn a birth certificate, there would be no government help and they would have to pay more tax. The primary reason why China’s One Child Policy was conducted, was because of its overpopulated country. â€Å"After the introduction of the one-child policy, the fertility rate in China fell from 2. 63 births per woman in 1980 (already a sharp reduction from more than five births per woman in the early 1970s) to 1. 61 in 2009† (Torrent). When this policy was passed, many families followed the one child policy, which prevented the population from going up. If the policy was never conducted, the births between those years would have been double the amount they were. â€Å"In China’s poor areas, economic and cultural backwardness and too many births often interact as both cause and effect. The Chinese government has taken a step in giving support to the development of poor areas to alleviate poverty by promoting family planning, holding population growth under control, and raising the life quality of the population in those areas† (Torrent). The overpopulation resulted in an increase in birth rates, decline in mortality rates, and made it difficult to obtain more resources. This policy also helped those families in need, by providing government resources if only they abided by the rules of having one child. Overall China’s One Child Policy has helped maintain the population from increasing and it also has given an opportunity for the low class to live in better conditions. China’s One Child policy is unjust to those innocent newborns who are being abandoned, neglected by their own parents, put up for adoption, and sometimes not even given the opportunity of being born. The preference of a boy over a girl is also really unnecessary, yes boys are more capable of being more successful in the Chinese society because of the higher wages they earn, and better jobs they offer but a girl should also be able to live her life, girls are humans just like boys are. â€Å"But men without women are altogether more troublesome than women without men, especially when they are young† (Hitchens). At an obvious point, women are needed to reproduce. How is the Chinese society going to keep on growing if only boys are being reproduced? Does the Chinese society want girls to become extinct, because without girls boys will also become extinct, which would just make the whole Chinese society extinct. Keeping population low helps the society live in a better, stable condition but girls shouldn’t be neglected and they should be favored as much as boys are favored, because either way boys and girls are both humans beings and should be treated equally. Overall, it’s ones fault for their actions so why put others down for ones mistakes. Even though China’s population increased over time, China’s One Child Policy kept it from increasing even more than expected. â€Å"As a result, in 2008, China’s rate of population growth was only 5 per thousand, down from over 14 per thousand in 1990 and 25 per thousand in 197â€Å"(Wang). Population is still increasing but not as dramatically as before. â€Å"Today the national fertility level is around 1. 5 and possibly lower. In the country’s more developed regions, fertility has been even lower for more than a decade—barely above 1 child per couple, a level that rivals the lowest fertility rates in the world†(Wang). Even the birth rate has been reported to be decreasing, it might be because the policy is being followed or because many families are continuing to abort, neglect, or murder the child. â€Å"†¦the projected 20 to 30 million Chinese men who will not be able to find wives, due to the country’s decades-long imbalanced sex ratio at birth, may constitute a large group of unhappy, dissatisfied people† (Wang). It is said that, since there would be less women than men, many men would not even get the opportunity to get married which will cause criminal intentions and maybe even homosexuals. This policy may be helpful in decreasing the population, but it’s changing the way many people think about girls and boys, and it’s making people do unwanted actions. Everyone should have the chance to live how they desire, to have as many children they want, because either way they’re responsible for their actions. China’s One Child Policy was conducted to reduce the rate of population by following the rule of having one child per family, which led to many neglected unborn or newborn babies and female infanticide. As Cameron states, â€Å"We document that Chinas One-Child Policy (OCP), one of the most radical approaches to limiting population growth, has produced significantly less trusting, less trustworthy, more risk-averse, less competitive, more pessimistic, and less conscientious individuals†. The main cause for China’s One Child Policy was to avoid a national population crisis, and the effect that arose was the sex-selective abortion and uneven gender ratio. It is always ones choice and action one decides for themselves, no matter what the consequences bring.

What I Believe Life Lessons Learned as a Child Essay Example For Students

What I Believe Life Lessons Learned as a Child Essay As a child, one of the most difficult things I had to deal with was when my father abandoned our family. In my family there had always been financial difficulties, which leads to a lot of fighting and bickering between my parents. I just believed that how things were, though, of course it hurt to see it. However, as time progressed I saw the emotional distance between my parents grow, until there was nothing but silence. Not too long after I noticed this silence is when my father left. To be honest, what I felt most upon coming home from school and seeing all his belongings gone was relief. I was relieved to think the tension between my parents would no longer be there. I was relieved to not have to tiptoe around my father out of fear he might become angry. The relief eventually turned to fear and anxiety. Growing up in a home filled with tension, I learned early on to take on the worries and anxieties of my parents, and then mother. After my father left, I knew money would become an even greater issue than it was before. We will write a custom essay on What I Believe Life Lessons Learned as a Child specifically for you for only $16.38 $13.9/page Order now I knew my mother would have to work even harder to support us financially. I then decided that I would do what I could to help out. While I was too young to go out and get a job, I found I could do small things, at home to help out. I helped to clean and keep watch over my younger siblings. I learned to cook, which is an activity I enjoy till this day. Even at a young age I found I was able to contribute to help our family manage. In reminisces, I find it hard to believe that I did overcome the handful responsibilities which I could not imagine these days. As I grew older, and when things got really tough, we found food pantries would donate to us and when we could, we donated to these pantries. As a teenager an after graduating from high school, I returned the favor that was given to us by volunteering at food pantries or participating in food drives to help gather canned food to be distributed to those in need. The biggest lesson all of this has taught me is that we, as humans, cannot and were not meant to survive on our own. One of the biggest problems I think that lays at the heart of American culture is our individualistic nature. We pride ourselves on doing thing on our own and â€Å"rugged individualism. † These are good qualities, in moderation. The problem is, many of these notions have been taken to the extreme. People were meant to thrive in community with one another. As a child, I learned that people are stronger and better when they work together. This is a life lesson I will carry with me until the end of my life because it is what I truly believe in.