Secondly, the projects are diverted away from its target population because state institutions of these poor countries tend to be weak and inefficient. And in the process, we only encounter the "iron law of political economy" in which the resources that were initially allocated to the poor tend to flow towards those who possess more power because the state is inefficient in regulating these resources. Thirdly, the political dimension of the development aid should be taken into consideration -- countries whose majority of the budget comes from development aid may become less capable of independent political action (1-4).
Still on the case of Africa, Jere-Malanda's work (2007) maintained that the manipulative operations undertaken by the IMF, World Bank, and WTO via their aversive economic policies has, opened up Africa to exploitations by Western corporate powers. This is illustrated in the case of IMF and World Bank's insistence on the privatization…...

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References

Ayittey, G 2005, Africa Unchained: The Blue Print for Africa's Failure. Palgrave Macmillan: New York.

Bello, W n.d., Focus on the Global South, viewed 19 April, 2009,

<  http://focusweb.org/how-to-manufacture-a-global-food-crisis-lessons-from-the-world-bank-imf-an.html?Itemid=159 >

Bhalla, S 2002, Imagine There's No Country: Poverty, Inequality, and Growth in the Era of Globalization 1st ed, Institute for International Economics, Washington, DC.

To prevent these kinds of situations, management needs to implement a policy that will limit the total amount of derivative based assets in: the clients' or the company's portfolio to an acceptable amount. At which point, they would have the compliance department monitor these activities, to ensure that everyone is following the different guidelines. This will reduce the possible risks facing the company and it would improve their internal controls. ("One ank One Client")
Clearly, the National ank of Canada is in a much stronger position in comparison with its competitors. The reason why, is because they have been engaging in actions that have been helping the company to: increase its bottom line and expand into new markets. Some good examples of this can be seen with the increases in: Personal / Commercial anking, Wealth Management and Financial Markets. However, at the same time, these actions have meant that possible…...

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Bibliography

"One Bank One Client." National Bank of Canada, 2010. Print.

MLA Format.  http://owl.english.purdue.edu/owl/resource/747/01/

Financial Institution
Statement for the Shareholders

Several events have occurred over the past few months that will have an impact on our commercial and investment activities in Germany and the United States. We will discuss each of the events and the likely result on the bank's profitability, strategic business direction, and asset and liability consequences. The events to be analyzed are the raising of short-term rates by the European Central Bank, the United States Securities and Exchange Commission (SEC) requiring separation of underwriting services and stock research, declining reserves held at the United States Federal Reserve, the downgrading of credit ratings for corporate clients, and Berlin searching for an underwriter of municipal bonds.

The latest price indices from Europe indicate an acceleration of inflation in the European Union countries. To address the inflationary pressures the European Central Bank recently increased the equivalent of the United States discount rate. In the United States little…...

2. Impact on the Canadian or global financial system

There are high monetary risks in the whole international financial system and it is in chaos. Added to that, the problems in Europe may snowball into a major balance of payment position and reversal in currency indices. This may cause future problems to banks and institutions that operate on a global scale and are at the risk of facing acute financial dilemmas in the near future. A dilemma for the sector for example is that in most countries there are debts that are due to mature in the next 2 years. This will create pressures in the bank funding by that time. This applies to Canada too. Further liquidity in the capital market will also go down because corporate debt markets also are low in investment and low demands in aggregate.

3. egulatory or public policy implications

The global banking sector is not healthy…...

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References

N.A. "Bank of Canada Celebrating 75 years" Financial System Review,

Financial Markets & Institutions," author Dr. Marlanda English outlines the sectors of the financial services industry from the perspective of what you need to know in order to invest wisely. English begins by first identifying the primary sectors according to the Bureau of Labor Statistics, in addition to three primary activities of the financial services industry as a whole. The primary sectors of the industry include banking, insurance, real estate, and securities and commodities trading. The primary activities of the industry include:
"Raising funds by taking deposits and/or issuing securities and, in the process, incurring liabilities.

Pooling of risk by underwriting insurance and annuities.

Providing specialized services, facilitating or supporting financial intermediation, insurance, and employee benefit programs." (English 2008)

English then goes on to identify ten categories of knowledge required to invest wisely, in support of the thesis that "Participation in financial markets and working with financial institutions requires understanding of how they…...

The playing field was further leveled when at&T in 1982 had to breakdown their services, giving MCI an opportunity to shine and show what they were capable of accomplishing.
During the mid to late 70's growth potential for MCI was almost non-existent considering the court orders that were in place. However, one bonus proved to be that since there was an inability to expand there was no need for investment potential at that current time. MCI began to deal in preferred stocks. Stock increased by three dollars within a 1-year range. This allowed for an 85% tax deduction without hurting the company's tax benefits. A method that would allow for some type of evaluation regarding accessibility to MCI, and quality; it was also difficult to decipher the impact of access charges.

There is a need to determine effective ways of charting and assessing growth in revenue, as well as effective means…...

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Referring to Exhibit 2 it is easy to determine that although ampule volume was up in 1988, there was a significant decrease in volume by 1997. This needs further assessment, considering that the new equipment was reported to increase productivity and cut cost and waste; this is not evident in the numbers. In fact, volume decreases and cost appears to increase rather significantly using the older equipment. However, the new equipment appears to shift the numbers in a minuscule way, and therefore do not show an enormous difference in cost.

Exhibit 4 further supports the concerns over whether or not to utilize the peso or the USD. The chart indicates that from 1980 to 1897 the three-month t-bill dropped drastically and did not rebound to even half of its worth over the long period. Further research is needed to determine in fact what method is best, as well as the efficiency of the new machinery and decrease in employees regarding overall productivity.

The current article proposes a situation that many companies find themselves in, often attempting to determine the best methods that allow for increased productivity, decreased waste, and possibly a decrease in employee labor. However when one has a company that deals in different areas of the country with varying money and interest rates it becomes a pertinent issue to determine the most effective means for investment and expenditures. The current study does however utilize all current information in an attempt to project the best means for conducting business on a day-to-day basis, as well as investments options and how they affect the company and its production as a whole.

Regulatory Compliance for Financial Institutions: Implementation of a GLA-Complaint Information Security Program
The objective of this work in writing is to examine the implementation of a GLA-complaint information security program.

Objectives of the Information Security Program

The Gramm-Leach-liley Act (GLA) makes a requirement of financial institutions to "develop, implement, and maintain a comprehensive written information security program that protects the privacy and integrity of customer records. GLA mandates emphasize the need for each bank, thrift, and credit union agency to adopt a proactive information security and technology risk management capability. y doing so, your institution can protect information, applications, databases, and the network as part of a comprehensive information security program." (Net Forensics, 2012, p.1)

Financial institutions are required by banking regulators to "evolve beyond point-security products. You must employ an integrated security strategy that establishes perimeter security as well as security inside the network and among all databases, applications, and end-point devices such…...

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Bibliography

Achieving GLBA Compliance through Security Information Management (2010) Net Forensics. Retrieved from:  http://compliance.hoffmanmarcom.com/docs/Achieving_GLBA_compliance.pdf 

Anderson, S. And Helmer, GM (2009) Isn't There Already a Federal Standard Governing Information Security? Re-Examinng the Gramm-Leach Bliley Act. 21 Jan 2009. Retrieved from:  http://www.securityprivacyandthelaw.com/articles/financial-information/ 

FDIC Law, Regulations, Related Acts (2012) FDIC. Retrieved from:  http://www.fdic.gov/regulations/laws/rules/2000-8660.html 

Gramm-Leach-Bliley (GLBA) Compliance.(2012) Net Forensics. Retrieved from:  http://www.netforensics.com/compliance/glba_compliance/

unctad.org/en/docs/gdsmdpbg2419_en.pdf
Kose, Eswar S. Prasad, and Marco E. Terrones, 2003a, (forthcoming) "Financial Integration and Macroeconomic Volatility," Staff Papers, International Monetary Fund.

Kose, M. Ayhan, 2002, "Explaining Business Cycles in Small Open Economies: How Much Do World Prices Matter?," Journal of International Economics, Vol. 56, pp. 299-327.

Kose, M. Ayhan, and Eswar Prasad, 2003, (forthcoming), Small States in a Global Economy,

Kose, M. Ayhan, and Raymond Riezman, 2001, "Trade Shocks and Macroeconomic Fluctuations in Africa," Journal of Development Economics, Vol. 65, pp. 55-80.

Kose, M. Ayhan, Christopher Otrok and Charles Whiteman, (2003) "International Business Cycles: World, Region, and Country Specific Factors," American Economic Review.

Millennium Development Goals, http://unstats.un.org/unsd/mi/pdf/mdglist.pdf

Wei, Shang-Jin, 1997, "Why is Corruption Much More Taxing Than Taxes? Arbitrariness Kills," NBER Working Paper No. 6255 (November).

Wei, Shang Jin (2000b) "Local Corruption and Global Capital Flows," Brookings Papers on Economic Activity, Vol. 2.

Wei, Shang Jin (2001) "Domestic Crony Capitalism and International Fickle Capital: Is There a Connection?," International…...

Role of Financial Institutions in the Global Economy
Globalization has sparked a revolution in information and communication technology, resulting in the emergence of an era that boasts the arrival of new levels of global interconnectedness. As a result, globalization has also increased the significance of the many different roles that financial institutions play in the overall global economy. Financial institutions can play several roles, ranging from operating as a simple method of savings, to functioning as an important revitalization source in a low-income community. This paper will explain the general role of financial institutions in the global economy, will touch on more significant individual roles, and discuss the overall role of international financial institutions.

Research indicates that a financial institutions' role as an intermediary is clearest in the credit and deposit business (Krayer, 2002). The usual function involves clients bringing to the bank their savings, or money which the bank transfers…...

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Bibliography

Krayer, Georg. (2002). The Role of Banks in an Economy. Retrieved June13, 2005, from Website:  http://www.swissbanking.org/en/krayer_e_02_02.05.pdf 

PIPA. (2000). Americans on Globalization: A Study of U.S. Public Attitudes. Retrieved March 11,

2005, from PIPA Web site: http://www.pipa.org/onlinereports/globalization/4.html

Soros, George. (2002). On Globalization. New York: Public Affairs.

These requirements are:
The respondent has worked within the financial sector for at least five years

The respondent has occupied important positions in the firm (e.g. they are not cleaning staffs)

The respondent has been employed with the current firm for at least twelve months.

5. Analysis of data

The questionnaire revealed throughout the previous section was issued on 50 respondents, from ten different employers in the local financial sector. The responses are revealed in the table below:

Question 1

Question 2

Question 3

Question 4

a b a b c a b c d e f

20

30

25

25

5

5

40

4

10

20

6

3

7

40%

60%

50%

50%

10%

10%

80%

8%

20%

40%

12%

6%

14%

When asked about the first reason which stimulated them to remain employed within a position, most of the respondents indicated that the financial packages were the number one cause. This factor weights as such the most in the decision of an individual to get a certain job and it is pegged to the physiological needs of the individual, those of having a shelter…...

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References:

Aras, G., Crowther, D., 2010, A handbook of corporate governance and social responsibility, Gower Publishing Ltd.

Carsen, J.A., 2005, HR how to: employee retention, CCH Incorporated

Close, K.A., 2008, Nursing retention: Why registered nurses choose to stay with the VA Salt Lake City healthcare system, ProQuest

Hawkins, G., 2004, How to find work that works for people with Asperger syndrome: the ultimate guide for getting people with Asperger syndrome into the workplace (and keeping them there!), Jessica Kingsley Publishers

Marketing Plan
Financial institutions have been under intense scrutiny over the last half decade. Many individuals, often unduly, blame the larger financial institutions for much of the world's economic problems. In the midst of this extreme economic pessimism regarding financial institutions, the underlying business operations of these firms must continue. In fact, it is the result of this pessimism that many financial firms are acquiring new deposits, and customers due in part the economic uncertainties of the future. One large financial institution that has had a very successful marketing campaign in the current down economy is that of Wells Fargo. The current economic pessimism regarding the economy has allowed Wells Fargo to capture market share while also receiving record earnings.

This down economy has created record low interest rates that are expected to prevail until late 2014. These low interest rates, in some cases, create outstanding opportunities for financial institutions. Wells Fargo,…...

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References:

1) Touryalai, Halah (January 25, 2012). The Art Of The Cross-Sell. Forbes.   Retrieved October 4, 2012.http://www.forbes.com/sites/halahtouryalai/2012/01/25/the-art-of-the-cross-sell/ .

Managers in many financial institutions handle large sums of money. However, a small percentage of this cash is involved in the day-to-day running of the businesses' engagements. Since money is the commodity that facilitates exchange of goods and services, it is necessary for those people handling to be good custodians. Most business organizations prefer to keep their money in banking institutions. This not only safeguards the money from risks such as theft and loss but also ensures that finance managers remain transparent and accountable. Banking services require that customers meet some financial responsibilities. In this paper, focus is on the service model and bank holding balance model as offered by different banks. It explains the reasons as to why the latter model is most preferable than the former model (Kennedy, 2005).
As a finance manager, I find the bank holding balance model to be the more appropriate to meet the needs…...

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References

Dlabay, L.R., et al. (2008). Intro to Business. London: Cengage Learning, 2008

Kennedy, J. (2005). The Small Business Owner's Manual: Everything You Need To Know To Start Up And Run Your Business. New York, NY: Career Press.

Oversight & egulation of Financial Institutions
In the article entitled "How Financial Oversight Failed & What it May Portend for the Future of egulation," economist ichard J. Herring identifies the government policies he believes contributed to the current financial crisis. These policies include:

Credit rating outsourcing.

Government housing.

The call for investment banks to form holding companies.

Basel I and Basel II minimum capital requirements.

After describing the policies and the financial repercussions of each in detail, Herring presents three arguments in favor of the policies, followed by three refutations of these arguments. From there, Herring goes on to address the principal/agent problems surrounding the financial crisis in both the private and public sectors, and then concludes with the description of two incentive plans -- contingent capital and resolution policy -- he believes will encourage "greater market discipline" (Herring, 2010).

egarding credit rating outsourcing, Herring argues that outsourcing caused a "regulatory-induced increase in the demand for highly…...

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References

Herring, R.J. (July 8, 2010). "How Financial Oversight Failed & What it May Portend for the Future of Regulation." International Atlantic Economic Society, 38, 265-282.

Introduction The banking business sector is enormously impacted by the perceptive and imperceptive factors in an intensely competitive environment. In recent times, this competition has stiffened all the more with the advancement of globalization. In each regard of their business operations, banks ought to take effective measures in order to diminish risk by pinpointing the prospective causes based on real-world circumstances. Imperatively, the banking sector is deemed to be a significant source of financing for several companies and entrepreneurs. In the past decade, there have been dramatic changes concerning the management of risk in the banking industry. Progressively more financial institutions and managers have augmented the focus on the significance of risk management. In delineation, risk management encompasses the practice of identifying, assessing and listing of risks followed by organized and cost-effective application of resources to curtail, supervise and control the probability and influence of disastrous events or to capitalize in…...

International Acquisition EU or not EU?
On the question of whether to expand into the European Union or not, there are a few different considerations for an American firm. While the EU has a fairly complex regulatory environment that could prove challenging, the decision as to where to expand internationally still has to be more of a market-based decision. That means looking at an ROI or net present value type of calculation, weighing the cost of entering the market against the size of the market opportunity. That calculation might show that the EU is the best choice for international expansion, or it might not.
There is a lot of information available about expanding into Europe, so at least the decision to enter the EU market or not can be made with a fairly robust set of information guiding it. Each of the 28 member nations publishes material for exporters, and there are US…...

1. The impact of social media sentiment on cryptocurrency prices
2. The role of government regulation in shaping the crypto market
3. Cryptocurrency adoption in developing countries
4. The potential for decentralized finance (DeFi) to revolutionize traditional financial systems
5. Cryptocurrency market manipulation and its implications
6. The environmental implications of cryptocurrency mining
7. The future of stablecoins and their role in the crypto market
8. The rise of non-fungible tokens (NFTs) and their impact on the art market
9. The influence of institutional investors on the cryptocurrency market
10. The challenges and opportunities for mainstream adoption of cryptocurrencies
11. The psychological factors influencing investor behavior in the crypto market
12.....

With the increasing prevalence of online banking and transactions, ensuring the security of one's financial information is of utmost importance. This expository essay will explore the various security measures and best practices that individuals can employ to protect their online banking accounts and transactions from potential cyber threats. Some potential aspects to consider when refining your thesis statement could include focusing on specific cyber threats that individuals face in online banking, exploring different types of security measures and technologies available to protect financial information, and discussing the importance of educating users on safe online banking practices. You could also consider including....

1. The types and examples of financial fraud in various industries
2. The impact of financial fraud on businesses and the economy
3. Preventing and detecting financial fraud in organizations
4. The role of technology in combating financial fraud
5. The legal and ethical considerations of financial fraud
6. Case studies of notable financial fraud scandals and their aftermath
7. The psychology behind financial fraud and the individuals involved
8. The regulatory environment and enforcement mechanisms for addressing financial fraud
9. The cost of financial fraud to consumers and investors
10. The future trends and challenges in the fight against financial fraud.
11. The relationship between white-collar crime and financial....

Essay Topics on Financial Fraud

1. The Role of Internal Controls in Preventing and Detecting Financial Fraud

Analyze the key components of an effective internal control system.
Discuss how internal controls can help prevent fraud, including segregation of duties, access restrictions, and independent audits.
Examine the challenges in implementing and maintaining robust internal controls, especially in complex organizations.

2. The Impact of Fraud on Corporate Reputation and Shareholder Value

Explain how financial fraud can damage a company's reputation and investor confidence.
Quantify the financial losses and operational disruption caused by fraud.
Analyze case studies of companies that have been affected by financial....