Tuesday, December 24, 2019
The Death Penalty Should Be Abolished - 1440 Words
The death penalty is a very controversial topic in the United States. It is implemented for the purpose of providing safety to the community and bringing justice to victims and their families. The death penalty is legal in thirty-one states (ââ¬Å"31 Statesâ⬠), and there are over forty different types of federal capital crimes that are eligible for the death penalty. These include crimes such as treason and kidnapping that results in murder (ââ¬Å"41 Federalâ⬠). However, many argue whether the death penalty is moral, just, legal, or beneficial. The death penalty consumes an enormous amount of this countryââ¬â¢s resources that could be used for bettering communities and enhancing other government programs. I believe that the death penalty should be abolished because the United States cannot afford to maintain it. The death penalty is often thought of to be a deterrence to murder. The idea is that criminals are supposed to think what the consequences are before committing the crime which in this case would be the death penalty. However, what are the chances that a criminal is actually going to stop and think about whether or not the death penalty could be a consequence. According to Richard Dieter, director of the Death Penalty Information Center, police officers all over the country ââ¬Å"do not believe the death penalty acts as a deterrent to murderâ⬠(Dieter). In fact, states in which the death penalty is legal are the states with the highest rate of violence against police officers (ââ¬Å"DeathShow MoreRelatedThe Death Penalty Should Be Abolished1192 Words à |à 5 PagesNo Death Penalty Capital crime is something that is meant for people that are found guilty of committing a serious crime, such as murder, rape, or theft. These are offences that should not be taken lightly but by killing the offender, the government is carrying about the action that they are trying to prevent. Also, the wrong person may be sentenced to death. After this person is executed, there is obviously nothing that can be done for the terrible mistake to be reversed. The death penalty shouldRead MoreShould The Death Penalty Be Abolished?. The Death Penalty982 Words à |à 4 PagesShould the death penalty be abolished? The death penalty is a ââ¬Å"term that applies to capital punishment and is the worst penalty given for committing a murder or an atrocious assault.â⬠(Black s Law Dictionary). Death penalty has been a part of human society and is legally approved for centuries. The first established death penalty laws date as far back as the Eighteenth Century B.C. in the Code of King Hammaurabi of Babylon, which codified the death penalty for 25 different crimes. Death sentencesRead MoreShould The Death Penalty Be Abolished?1925 Words à |à 8 Pages Abstract This paper explores five published articles that report on discussion on the very old and yet to answer question of whether the death penalty in the USA should be abolished? The articles, however, vary in their stand on death penalty. In all article it is very different on publisher stand. They discuss thing argument with their own way and vision of thinking. Adina Nicoleta (2011) has raised question for fair trial on the proceeding of the criminal cases. In other article Maestro MarcelloRead MoreThe Death Penalty Should Be Abolished1534 Words à |à 7 PagesIntro The death penalty gives humans in our legal system rights to decide who deserves to live, a power only God should possess. Capital Punishment takes away our rights as equals. From its origins, the death penalty has been an inhumane, costly, ineffective, and biased form of punishment that needs to be abolished granting everyone their right to live. History of the Death Penalty Down through history, the death penalty has been adapted to be justifiable in the eyes of the people. By alteringRead MoreThe Death Penalty Should Be Abolished1523 Words à |à 7 Pagescriminals has been performed by nearly every society to date. The death penalty came to the Americas when European settlers brought the idea of capitol punishment from Britain. The ideology behind taking someoneââ¬â¢s life for crimes they have committed is a simple one. If a person commits a hennas crime such as murder or rape, they shall receive the death penalty. In more recent times we now see many countries abolishing the death penalty. The trend suggests that the capitol punishment policies still implementedRead MoreThe Death Penalty Should Be Abolished1306 Words à |à 6 Pageschanged since the 17th century, so why not the age old penalty of death? Capital punishment in the United States is a highly debated topic. Arguments that want to get rid of this method of punishment usually mention th e many problems that capital punishment is plagued with. The death penalty has many issues that cannot be resolved, and since these issues canââ¬â¢t be solved, the death penalty should be abolished. ââ¬Å"The irrevocable nature of the death penalty renders it an unsustainable and indefensible remedyRead MoreThe Death Penalty Should Be Abolished968 Words à |à 4 PagesEvery year, thousands of lives are legally taken under the death penalty. Why should we take more lives than the ones that have already been taken? The death penalty is the punishment of execution, carried out legally against an individual convicted of a capital crime. Its proponents argue that the death penalty deters other criminals who may intend to commit similar crimes in the future. However, there is little statistical evidence to support this claim. Also, execution eliminates the criminalRead MoreShould The Death Penalty Be Abolished?1350 Words à |à 6 PagesShould the death penalty be abolished? The death penalty, also known as capital punishment is a legal procedure in which a state executes a person for crimes he/she has committed. This punishment has been used by many states, and is normally used for serious crimes, especially murder. It is also used on crimes against the state such as treason, crimes against humanity, espionage, and violent crimes while other states use it as part of military justice. There are mixed reactions on capital punishmentRead MoreShould The Death Penalty Be Abolished?1443 Words à |à 6 Pages 6 Should the Death Penalty Be Abolished in the United States? Adalynne Francis CRJU 1000 Dr. Huss November 14, 14 Should capital punishment/ death penalty be abolished in the United States? Many feel that the death penalty is immoral and question whether the state and federal government deserve the right to kill those whom it has imprisoned. On the other hand, those opposed feel that by not acting upon the death penalty communities would plunge in anarchy and that byRead MoreThe Death Penalty Should Be Abolished1691 Words à |à 7 PagesThesis: The death penalty has to be abolished if American society wishes to progress. I. Introduction The death penalty, or capital punishment, is an archaic and barbaric practice; a fallacy of the criminal justice system. II. In the history of death penalty tells the accounts of the dramatic change over four centuries III. Counter argument A. Justice is the leading argument of supporters of capital punishment B. Supporters of the death penalty argue that the death penalty provides retribution
Monday, December 16, 2019
Checkpoint Personality Assessment and Theories Free Essays
A persons personality is unique to that person there are no two people in the world that have the same personalities. A personââ¬â¢s personality comes over time as they grow up to be an adult. As a person grows they learn what they like and what they do not. We will write a custom essay sample on Checkpoint: Personality Assessment and Theories or any similar topic only for you Order Now What a person goes thought in their life growing up can make them what they are as an adult. The psychodynamic theory says that a personââ¬â¢s behavior comes from psychological forces that happened in their life.Like if a person is raped at a young age, this could be a big part of their life and how they act. If anything happenes to a person as they are growning up this could make them who thay are as an adult. Freud and his theories on personality, one is unconscious he thought that this was all the thoughts and feelings and ideas witch people are not and normally cannot be aware of. Unconscious is when a person is asleep.Freud was talking about all the feelings people have when they are sleeping and how people are not aware of some of the feelings people have when they are sleeping. Freud thought that the ego was for the personalitly and that mediates between reality, superego, and the needs for there id to show them selfs. The way freud thought was importint because he figered out how people think and why some do the things they do. Everyone has a defense mechanisms this is something that reducing to anxiety and guit. A persons defence mechanisms helps them determen from what is right and lets them know when something is going wrong in there lifes and helps them get away from whatever it is that is wrong. There are a lot of people that take personality tests to she what there personality means but really ones personality is one of there own there are people like anther but there is noone the same. I think this is why the world is so different if everyone was the same person there would be nothing to do or talk about to each other. How to cite Checkpoint: Personality Assessment and Theories, Papers
Sunday, December 8, 2019
Discuss the History of Korea and Its Impact on Korea free essay sample
Topic: Discuss the history of Korea and its impact on Koreas culture, politics and business. Korea is a civilization and formerly unified nation currently divided into two states. Korean civilization is one of the oldest ancient civilizations in world history, and Korea has the oldest history in East Asia. * GoJoseon (National foundation in BC 2333) The first Korean kingdom GoJoseon was established on a flourishing bronze culture in BC 2333 by Dangun who was the legendary founder of Go]eseon and people believed he was the grandson of heaven (Edward 2005). It was centered in the basins of Liao China) and Northern part of the Korean Peninsula. Politics and economy In Korean history, GoJoseon was the first state to unify its political and religious functions within one governing system and legal system as represented by its Eight Prohibitions (Edward 2005). Society It is believed that GoJoseon had achieved the status of a kingdom with a class-based society. We will write a custom essay sample on Discuss the History of Korea and Its Impact on Korea or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page * Three Kingdoms penod ( BC 18 AD 676) Town-states gradually united into tribal leagues with complex political structures which eventually grew into kingdoms. Koguryo (BC 37 AD 668) Koguryo was the first to mature into a kingdom. Koguryds aggressive troops onquered neighboring tribes one after another, and in 313, they even occupied Chinas Lolang outposts (Qiancheng 2009). paekje (BC 18 AD 660) PaekJe, which grew out of a town-state located south of the Han River in the surroundings of present-day Seoul(Capital city of South Korea), was another contederate kingdom similar to Koguryo deane 2 Shilla (BC 57 AD 935) Shilla was the weakest and most underdeveloped among three kingdoms at the beginning. However, because it was geographically removed from Chinese influence, it was more open to non-Chinese practices and ideas. The society was built on an advanced Buddhist in Shilla (Edward 2005). unified Shilla (676-918) By the mid-sixth century, the Shilla kingdom had brought under its control all of surrounding town-states within the Gaya confederation. Through an alliance with China, Shilla finally unified the Korean peninsula in 668 and saw the peak of its power and prosperity in the mid-eighth century. It attempted to build an ideal Buddhist country during Unified Shilla but Buddhist social order started to deteriorate as the nobility indulged in increasing luxury (Kim 2005). Hwarang-do (Flower-knight art) in Unified Shilla It is culturally important to Korea and Taekwondo which is well known Korean martial arts in the world. It was a military academy for young, aristocratic youth in Unified Shilla. They intimated with nature and studied poetry, art, literature and song, as well as martial arts. Confucianism and Taoism also were very influential to Hwarang-do. The Hwarang-dds ethics and legends of this knighthood helped form the ethical background of taekwondo (Theodore 2005). * Koryo penod ( 918 1392) Internal dissensions and external problems of Shilla between the king and regional leaders led to the disruption of Shilla. The name Koryo derives from Koguryd and it is the root of the modern name of Korea. The Koryo period from 935 to 1392 was arked by periodic internal disharmony and external wars (mostly defensive) with China and Japan. And also Koryo was invaded by the Mongols in 1231 and Mongols nearly destroyed Koryo. However, there were also great achievements which are flowering of culture that led to great advances in art and scholarship, particularly in the ceramics industry, which developed the unique grey-green celadon stoneware for which Korea is well-known today (Thomas 2003). * Chosun Dynasty (1392 1910) In 1392, a general Yi Seong-gye founded a new dynasty Chosun. In the early Chosun period, Confucianism was highly supported as the guideline of philosophy. And then, this Confucianism transformed into Neo-confucianism incorporating Taoist and Buddhist elements with and adaptation of Confucianism. Neo-confucianism is what people know as Korean culture and tradition today (Thomas 2 From 1418 to 1450, by Chosuns fourth monarch king SeJong, Korea had an unprecedented flowering of art and culture. The greatest achievement of king SeJong was invention of the Korean alphabet Hangeul. Before he invented the Korean alphabet, Korean used Chinese character (Theodore 2005). In 1 592, Toyotomi Hideyosi, who united Japan, wanted to conquer the Korean Peninsula and use it the way for its incursion into China. However, Japan was defeated by Admiral Yi sun-sin, one of the most respected fgures in Korean history. They invaded again in 1597 but they withdrew in 1598. The new religion, Catholicism, slowly spread in Korea since 18th century by Dutch Jesuit priest. In the 19th century of Chosun, they adopted an isolationist policy by the prince Taewongun because he was afraid that Chosun would be infected by western ideas. Therefore, he tried to prevent the opening of the country to foreign trade by closing the borders (Edward 2005). * Korea under Japanese Rule (1910â⬠1945) During Japanese occupation, the first thing they did was construction of Koreas nfrastructure especially street and railroad system to control all over Korea easily and supply food for Japanese military properly. Japanese ruled with iron hand and tried to root out all elements of Korean culture from society.
Saturday, November 30, 2019
Navy SEALs Essays - Military Engineering, Underwater Demolition Team
Navy SEALs Navy SEALs United States Navy SEALs, who are they, what do they do, why are they so secretive? A Navy SEAL is a highly trained individual. He must go through the toughest training in the world. The government will send them to the ends of the earth to do tasks that would send chills up most of our spines. Most of their operations even though top secret involve capturing an individual of power, to get information through capturing anything our government thinks important . They are sometimes required to kill certain individuals. They rarely work alone, they depend on each other. Some say that your swim buddy is closer to you than your wife. This is just a glance at what they do. A history lesson on how the Navy SEALs came to be, started back in World War Two. The navy considers the Scouts and Raiders to be the direct-and earliest-frontrunners of today's SEALs. But despite the original intention, the Scouts and Raiders did not become broad-based commandos like the SEALs. In most of their operations, they were limited to direct support of the amphibious force, guiding marine and army units ashore. Later a few of them served with guerrilla units behind enemy lines in China, and many were blended in with the Underwater Demolition Teams involved in the campaign against the Japanese in the Pacific. One of the first missions to bring fame to the Scouts and Raiders started out with seventeen sailors boarded a small, wooden-hulled boat and headed up the Wadi Sebou, a stream that went through Port Lutey (now Kenitra, Morocco). Their task was to cut the cables anchoring a boom and antishipping net stretched across the river directly under the machine guns and cannons in a fort overlooking the river. With the way cleared, American warships would be able to fight their way up the river and protect soldiers moving in to seize the city's military airfield. Not being limited to just sabotage the Scouts and Raiders were also becoming experts in bomb disposing, one was a two-thousand ?pound mine dropped by parachute. If the mine came down on land instead of water, it was supposed to go off seventeen seconds later. But sometimes the fuzzes jammed and the experts were called in. If in tinkering with the mine, the bomb-disposal man started it ticking again, he had something less than seventeen seconds to get away. The reliance on physical stress as a way of testing a man's capability and screening out those who don't measure up remains an important part of the training of the navy's SEALs to this day. Today's SEALs are also experts on using explosives and, if need be, disarming enemy munitions. So there is a direct link back to the bomb-disposal experts trained half a century ago. The first volunteers came mostly from Seabees, (construction workers for the navy) with officers raided from the bomb-disposal school. Training began with a one-week ordeal that is still known as Hell Week and that quickly eliminated forty percent of the class. The survivors were proud of their accomplishment, but they joked that "Hell Week separated the men from the boys; the men had sense enough to quit and left us with the boys." The trainees at Fort Pierce spent much of their time in rubber boats and in the mud, and they ran miles every day. But surprisingly, little attention was paid to swimming. The assumption was that they would paddle ashore as part of an amphibious operation and do their demolition work in relatively shallow water while army demolition experts took over at the high-water mark. Although men of the Underwater Demolition Teams later prided themselves on their nickname of the Naked Warriors, the trainees at Fort Pierce were anything but naked. They did their work dressed in soggy fatigues, with heavy boondocker shoes on their feet and awkward metal helmets on their heads. Much of their training was done at night. The men quickly became very good at handling high explosives. Those who couldn't overcome their fear of being blown to kingdom come were sent off to other assignments. They were probably the smart ones. As the UDT men later realized, they and their explosives-filled rubber boats were disasters waiting to happen. The newly trained men now will use their tactics. Operating from small rubber boats at night, the men took soundings of the water depth all along the planned invasion beaches. They even crawled ashore one night and brought back a bucketful of sand so army experts could test it to determine how well it would support tanks and other heavy
Tuesday, November 26, 2019
Where Germans Go for Winter Holidays
Where Germans Go for Winter Holidays Its no secret that the Germans love to travel. According to the UNWTO Tourism Barometer, theres no European country that produces more tourists and spends more money on seeing the world. Family holidays during the summer can last up to five or six weeks. And its not uncommon for people to squeeze in another short trip over the winter holidays.à There is no need to worry about Germans missing out on their work duties. The average German employee benefits from 29 Urlaubstage (annual leave days) per year, which puts them into the oberes Mittelfeld (upper mid-field) of Europes leave allowances. School holidays are staggered throughout the Lnder to avoid traffic chaosà so that even German downtime is as efficiently planned as it can be. Since 1 January marks the day that many employees lose their outstanding allowance, its high time for them to use up that Resturlaub (remaining leave). Lets have a look at the most popular holiday destinations for German people escaping the house in winter. 1. Germany Germanys number 1 travel destination is Germany! As a country where all winter lovers can get their share of snow, forest and mountains, ski trips is high on every winter lovers wish list. Families love that it only takes a few hours by train or car until they can let the kids roam free and slip into their mountainwear. Family trips to the Alps are popular with families from all around the country. They indulge in winter sports and healthy walks, warming up by a fire in the chalet by night. Its a tradition so popular that many songs have been sung about it.à But in fact, Germany can boast snowy mountain peaks far North of the usual suspects with Gebirge (mountain regions) like the Hunsrà ¼ck and Harz. In this country, youre never far from winter fun. Essential Skiurlaub vocabulary: Ski fahren - skiingLanglauf - cross-country skiingRodeln - sledgingSchneewandern - hiking in the snowder Kamin - chimney 2. The Mediterranean (Spain, Egypt, Tunisia) Summer in Italy, winter in Egypt. Germans love chasing the sun and the beach, and many believe that a comfortable 24 degrees C is preferable to Christmas trees and freezing in February. Its the perfect answer to a dreaded new disease the Germans are scared of: Die Winterdepression. 3. Dubai For those who are seriously sun-deprived, sunny long-haul destinations like Thailand offer exactly what they have been dreaming of. Its a true escape from Weihnachtsstress, especially when there are the added delights of insane attractions (ironic indoor skiing)à and cut-price shopping. Essential Strandurlaubà vocabulary: der Strand - beachsich sonnen - to sunbathedie Sonnencreme - suncreamder Badeanzug/die Badehose - swimming costume/swimming shortsdas Meer - the sea 4. New York and Other Cities New York is the leading destination for travelers who love nothing more than Stdteurlaubà (city trips). When there is only a tiny supply of Resturlaubà left, even a long weekend in Hamburg, Kà ¶ln or Mà ¼nchen is more attractive than staying at home. Braving cold temperatures, the German tourists wrap up warm and still get their supplies of culture and escapism. After all, who wants to experience the same Alltagstrottà (daily grind) all the time? Essential Stdteurlaubà vocabulary: die Anfahrt - journey to the destinationdie Erkundung - discoveryspazieren gehen - going for a relaxed walkdie Theaterkarte - theatre ticketdie Rundfahrt - city tour
Friday, November 22, 2019
How to Write a Research Paper on Career
How to Write a Research Paper on Career Research Paper on Career How to write a research paper on career How to start a research paper Tips on how to start Example of an outline Example of a thesis statement for a career research paper Example of an introduction How to write body paragraphs of a research paper on career Tips on body writing Example of the 1st body paragraph Example of the 2nd body paragraph Example of the 3rd body paragraph How to finish a research paper on career Tips on conclusion writing Example of a conclusion Tips on research paper revision How to write a research paper on career Preparing a research paper on career is a quite complicated process which should be done step-by-step. Before writing such a paper, a student needs to assess their skills, talents, and knowledge and then provide it with evaluating career through a research paper study. How to start a research paper A good start will require a thorough assessment and analysis in choosing his/her career. It is a detailed orientation of the article being discussed. This will clearly put into consideration the good definition of the career. Tips on how to start Follow the basic rules and format requirements for making a research paper. These rules regard plotting an outline, writing an introduction, body, and conclusion. Example of an outline I. Introduction a. Giving an aim and facts to capture readers. b. Statement of the problem (thesis statement). II. Body Section 1 a. Central idea (career choice). b. An in-depth explanation about a career choice. III. Body Section 2 a. Provide stories, facts, or statistics about the potential career. b. Cause/effect (What is the positive outcome of the chosen field? What is attractive about it?) IV. Body Section 3 a. Actions to be taken (What is your edge in obtaining this? What preparation to be needed in order to get it?) b. Overall opinion on the research topic V. Conclusion a. Relate back to an introduction for an analytical summary. b. Restatement of the thesis thesis reworded. c. Recommendations. Example of a thesis statement for a career research paper A thesis is a statement of purpose. A good and strong thesis statement surprises the readers with something new. It should be focused and thus it should not be broad. Also, it should be debatable in order to appeal to the readers and inspire them to continue reading. It should have supporting information. Remember that it is the main idea you are going to support. Get straight to the point. Sales Professional is a great career for me since it matches my interests in selling products/services. It is already in our family to sell things and I am already preparing for this career. Example of an introduction The aim of introduction is to introduce to the reader the purpose of your research paper. This is the manner where you will situate the key of your topic. Necessity and significance are important to this area. As the advent of competition and the status of economy these days are unpredictable, a career should be determined and planned properly. The condition of employment differs from every country and region but according to news around the world, employment is widespread. On the other hand, many professions are to be chosen out there and the demands are available. But, an issue of a solid career we are going to choose and to commit is in question. Do we know our career goals? Am I going to love my career? These are just some of the questions to ponder with in choosing a career to achieve. There were mistakes that happened after a person graduated from an academy. This is the reason why a person needs a career research paper to weigh and measure the choices. Currently, there are more studies that present the positive side of making a career research paper. This research paper will define the career I want and the steps to follow in order to obtain it. You can use additional statistics and thesis in the introduction to present applicable data that proves your point. It will create credibility and significance of the main idea of the composition. How to write body paragraphs of a research paper on career The body paragraphs are the most important content of the research. This is where you can explain the nature, roles, responsibilities, qualifications, and challenges of the career you have selected. In most cases, you will be discussing the level of difficulty and challenges of pursuing the career. You might consider expecting the package or remuneration you will receive from this occupation. In order to satisfy your thesis statement alone, you can use related studies also on why this is the best career you have singled out. Tips on body writing Give examples for guidance Include the statement or argument to freshen up the readers Provide stories and facts to prove your points Improve the body by stating the methods to achieve the outcome Dont forget to cite the actions to back your methods Make sure to phrase everything and break your paper down into a series of related points to support your statement Remember the characteristics of a paragraph, there should be unity, development, and coherence. Example of the 1st body paragraph The life of a sales professional is a very rewarding and satisfying job. You can be a boss or a entrepreneur with financial destiny. According to Somen Mondal, a CEO, he told to his students that a career in sales should be the first job in a career. Explain what it means and why it is important. You must be sure what you are saying in 1-2 sentences only. Example of the 2nd body paragraph My skills and knowledge are applicable to a salesman career. I have the speaking skills, confidence, energy and I am a result-oriented person. Sales are everywhere, as the author mentioned. It is one of the foundations of every successful career. Moreover, it is already surveyed from business leaders that the rated strong sales skills are top critical skills of todays employment. The second body paragraph is not as complicated one. It only supports the statements you are giving. Additional details like salary can be included. Example of the 3rd body paragraph Explain your argument to prove what you are trying to deal with. It can be opinion-based. This would entail what you will need to do and what youre doing to get this career. I graduated with a Bachelor Degree in Business Administration in a recognized university in the country. I have done my internship in PG as Sales Associate under Corporate Business Development. I have learned skills in sales, marketing, and business development. Therefore, I believe that I will be able to start my career in Sales as they can be able to review my asset as a contributor to their organization. I am currently sending resumes and preparing certificates for a credential. How to finish a research paper on career Finalize everything you mentioned about this topic by wrapping up the whole research in the conclusion. Tips on conclusion writing Include stating the entire study by summarizing the relevant main points Make it short and do not put excessive details Provide next steps Universalize (compare to other career situations) Suggest results Example of a conclusion In a nutshell, sales profession is a rewarding and satisfying job. This occupation is backed up with top critical skills of todayââ¬â¢s employment and an exciting occupation. Therefore, a person needs to have the appropriate educational background, skills, training, and knowledge in order to attain this profession. Lastly, sales profession can be the main job in persons life and also can be just a step in a solid career path. Tips on research paper revision Examine the paper by reviewing the whole research from the start. Review if the thesis statement is credible to make an important point. Check the pattern of your paper if it follows everything. Evaluate also the information if the facts are all accurate. Reorganize the information if necessary and remove any misleading statement. Check your conclusion if it ties up the paper together. Read the paper aloud and see how it will go.
Thursday, November 21, 2019
A review and comparison of legislative,regulatory and institutional Essay
A review and comparison of legislative,regulatory and institutional reform in the US and UK - Essay Example The regulation of financial markets and its implications have been a topic of considerable interest among researchers and policy makers for a long time.On the one hand, it is argued that the regulation of financial markets has welfare benefits due to the existence of market imperfections On the other hand, it is argued that financial market regulation imposes significant costs to an economy that outweighs the benefits (Benston, 1998).It has been argued that the inappropriate regulatory measures combined with many other factors have resulted in the recent economic crisis. Given this, essay examines the regulatory, institutional and legislative reforms in US and UK in the pre crisis, crisis and post crisis periods. The main aim is to compare the reforms in these periods and their impact on the capital markets in US and UK. This essay is organized as follows. Section 2 discusses the theoretical arguments regarding regulation, section 3 discusses the reforms in pre crisis period, section 4 discusses the reforms in the crisis period, section 5 discusses the reforms in the post crisis period and section 6 concludes the essay. 2. Theoretical Arguments Financial market regulation is mainly aimed at correcting market imperfection and ensuring allocative efficiency of resources (Giorgio et al, 2000). Based on these the three main reasons for financial market regulation are identified as (i) ensuring microeconomic and macroeconomic stability (ii) equitable resource distribution and (iii) allocative efficiency of resources. 2.1. ... ations on integrity requirements etc and other regulations like portfolio investment limits, regulations on off balance activities etc(Giorgio et al, 2000). 2.2.Equitable Resource Distribution Based on the objective of equitable resource distribution, the financial market regulation is aimed at making the markets and intermediaries transparent and to protect the investors (Giorgio et al, 2000). In this regard, the measures include takeovers and public offers regulations, regulations of insider trading, manipulation, price discovery mechanisms, which are aimed at equal treatment, and business conduct rules aimed at non-discrimination etc. 2.3. Allocative Efficiency of Resources Based on this objective, the financial market regulation is aimed at enhancing competition among the financial intermediaries through regulating the competitive structure of the markets as well as regulations of concentrations etc (Giorgio et al, 2000). This view supports competition by arguing that competition helps banks to earn great market share and high efficiency(Demsetz,1973 ). Based on this view, competition and concentration are not in opposite directions. Rather, competition promotes concentration and hence bank efficiency. However, this theory assumes that there are no efficient barriers to entry. According to this view competition increases concentration only if the banks, which have high market share have a special advantage in developing output which are not available to other banks. In such a case, it leads to increased efficiency of the banks, which have this advantage (Demsetz,1973 ). Here, the profits will not be reduced by competition since it will be very difficult for other banks to overcome the superior performance using their inputs. This is because, in this case, it is not
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