Topic 2: Discuss the extent to which a National Central Bank should be reluctant to act as a lender of last resort. Abstract This study provides an overview of central bank’ “lender of last resort” (LOLR) function. “Lender of last resort” has a very important role in helping the central bank’s monetary policy operating through changes in rediscount rate and refinance rate. The main purpose of LOLR for all the central banks is to ensure the stability and safety of the commercial banking system
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Chris Street wrote the article‚ “A Reluctant Writer’s Entry into a Community of Writers.” In Street’s introduction‚ he describes how he had a student named John who seemed angry‚ and didn’t seem to like writing. Finally‚ Street decided to change his ways of teaching his class. He began to let his students talk about what they cared about and what they knew‚ while he listened. This began to change his students writing. Street could see more interest in the student’s writing‚ and even John seem to
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Title: Tituba‚ Reluctant Witch of Salem: Devilish Indians and Puritan Fantasies Author: Elaine G. Breslaw Publication: New York and London‚ 1996 This book summarizes the life of a female Indian servant and her involvement in the 1692 witch trials in Salem‚ Massachusetts. To begin it gives background information of the Arawak Indian woman named Tituba‚ which reveals cultural influences. It tells how Tituba was captured and sold into slavery and shifted from one cultural world to another
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Why were the Statesmen at the congress of Vienna so reluctant to give serious consideration to the establishment of an independent and united Italy? The Congress of Vienna was a peace conference after the Napoleonic Wars. During the Congress of Vienna the European powers‚ Britain‚ Austria‚ Russia and Prussia began to draw up a settlement that they hoped would ensure them a place in Europe. This settlement‚ from 1814-1815 was dominated by a few leading statesmen from the major powers. Austria’s
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Training and development is said to be beneficial for both firms and employees. Why then‚ are some organizations and individuals reluctant to invest in training? Introduction Employees training and development remains on of the paramount factors in conducting successful and competitiveness business in our rapid changing world. Despite this fact is accepted all over the world‚ there are companies which ignore providing their staff with training programs or seminars. Implementation of
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How far is it true to say that German people were increasingly reluctant to support the Nazi regime between September 1939 and early 1943? From the September 1st 1939‚ the start of the war‚ loyalty was crucial to the Nazi regime in order to maintain the war effort back in Nazi Germany‚ especially until the point of early 1943‚ when they were defeated in Stalingrad. This question is difficult to answer as you can’t be certain whether or not people really supported the regime‚ or just pretended
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Decision to breastfeed is a very personal. Breastfeeding topic always elicits strong opinions from family and friends. What matters is the infant getting proper nutrition for his optimal growth and development. The American college of Obstetricians and Gynecologist and American Academy of Pediatrics‚ to great emphasis on importance of breastfeeding. Every infant and mother is unique and has different challenges. Breast milk provides complete nutrition for infants. It has the perfect combination of
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children or adults. Even though the tone and style of communication may be altered to fit the audience‚ the process of communication has to stay the same to be effective. Effective communication allows health care professionals to gain trust in a reluctant consumer and handle cultural differences among patients. The four basic elements of the communication process include a sender‚ message‚ receiver‚ and feedback. In effective communication the sender constructs a message that is appropriate for
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view"‚ "How to convince a reluctant scientist" and "Common sense of science" each involve a philosopher who tried to show how theories and facts in science is discovered. The article of "Chance: An African view"involves the theory of Popper‚ "How to convince a reluctant scientist" involves the theory of Kuhn and "Common sense of science" involves accumulation of both those theories in Lakatos. They are connected because "Chance: An African view" and "How to convince a reluctant scientist" are opposite
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1) How does Oedipus treat those who are reluctant to obey him throughout the play? What does this tell you about his character? From the very beginning of the play we see that Oedipus‚ like many in power‚ does not handle well people who are reluctant to follow his lead. He often threatens to harm those who are reluctant to obey in some way or he publicly insults them. He makes a general warning statement about those who are reluctant to obey him because he is the king. He says that he will wish a
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