Wednesday, February 19, 2020

Cultural and Thematic factors of the two version of the film Let the Essay

Cultural and Thematic factors of the two version of the film Let the Right One in - Essay Example The theme of bullying occurs as a major one in forming the plot and in building the main characters’ friendship. The cultural aspect that is enriched by this theme is the absenteeism of a male or father figure in the boy’s life, which makes it hard for him to speak out. The result is an identity crisis with no reliable model and coming from a broken family. It is culturally wrong for a boy child especially in the years the movie is set in to confide in their mother or a woman. The twist comes in when the boy confides in the new girl and this makes their connection point. The immediate theme related to bullying is the coming-of-age of the boy and the girl (Ajvide Lindqvist & Segerberg, 2008). The boy has to take care and defend himself for the first time while the girl is forced to look for food all by herself when her benefactor â€Å"father† dies. This maturity process is culturally appropriate and their ages, early teens, are perfect for the themes exploration. The theme of gender and sexuality is explored in the film’s main characters with the remake of the film portraying a more contemporary boy-girl relationship than the original version. The rationale behind this is the difference in setting, where the original film is set in Stockholm, while the remake is set in New Mexico. A great distance exists between the two settings culturally in that the original is more conservative in terms of the relationship portrayed between the two lead acts, while the remake alludes to a more open society where gender/sexuality is not something to be ashamed of at all stages. The other cultural difference is in the setting of the movies (Wright, 2010). The theme of loneliness and identity loss occasioned by growing in an impoverished and dark kind of neighborhood comes out in the film. The original being set in Sweden manages to convey a darker neighborhood with no history, no church, and the buildings/complexes are a bit eerie. The

Bernard Montgomery Vs. Erwin Rommel Term Paper Example | Topics and Well Written Essays - 1250 words

Bernard Montgomery Vs. Erwin Rommel - Term Paper Example Montgomery was a fascinating organizer and an exceptional field commanding officer, whose knowledge and years of learning, writing and arranging for a forthcoming warfare distinguished him out as of his recreational colleagues as complete professional. A man of words and actions, Monty at all times spoke his thoughts, owned an inborn air of power and had a clear strength of mind to succeed which rapidly disabused those who considered that he was not capable enough. Montgomery was forever a general for soldier’s who acknowledged the vital significance of confidence and developed successful way of setting up a lasting connection of communal faith and self-assurance with his official and staff. He was an inspiring person in charge, an accomplished coach of parades and masterful diplomat, whose approval of how to carry out war below progressive circumstances made him as a rule effectual general that Britain appointed in Northwest Europe throughout World War 2. Comparatively Rommel ’s functioning in World War 1 deserve him a place in the minor post-war military of the Weimar Republic, the Reichswehr. Once more, he neither did extremely well nor was unsuccessful and would have mainly almost certainly finished his profession as a divisional or at greatest service chief officer if it wasn’t for his near affiliation with Hitler. Owing to his association he was offered authority of one of the ten divisions of Panzer that waged war and succeeded the movement in 1940 in the West in spring.

Tuesday, February 4, 2020

Systemic Risk and SIFI and Global Economic Crisis Essay

Systemic Risk and SIFI and Global Economic Crisis - Essay Example However, between 1940s and 1980s, there were less bank runs in USA, mainly due to tight legal framework and due to the transformed atmosphere. However, the banking tighter regulation in U.S.A not proved to be satisfactory as more than 250 banks filed insolvency petitions between 1980s and 1990s. In 1990s, Asian countries witnessed an economic turmoil as a result many banks in those regions failed. The issue started with individual bank and slowly enveloped into the whole banking system of a nation and finally impacted the creditworthiness of such nation itself. Likewise, the subprime mortgage crisis occurred in the 2007 -2008 started with U.S financial institutions and U.S banks and finally impacted many financial institutions around the world. However, bank failures or bank runs are not occurring in all the nations. For instance, there is no bank failure at all in Ireland and in Switzerland. Rochet (2008) is of the view that interferences by politicians can play a significant role i n bank runs. Many frequent bank failures and bank runs urged the need to recognise and deter financial agonies in the future well before they commence. Hence, there is a necessity to establish a well-structured supervision system in the financial sector, and it should be given authority to identify â€Å"systemic risks.† Bini Smaghi (2009) is the first to emphasise the theoretical issues of systemic risk, and the agency established for the same is to be well versed in detection of risks, evaluation of risk, and finally giving warnings about risks. (Eijffinger 2009:44). This research will make an earnest effort to elucidate w what is meant by ‘systemic risk’ and discuss the relevance of ‘systemically important financial institutions’ for policymakers and the ways and means to avoid future bank and financial institution failures. â€Å"What is Systemic Risk?† Systemic risk is a peril that is widespread in a nation or the economy as a whole and cannot be avoid ed by coalescing the assets in well-diversified and large portfolios, and it is also called as non-diversifiable risk. Systemic risk starts off in various sizes, shapes and magnitude. In some countries, systemic risk has occurred due to foreign exchange risks and economic shocks and in some other nations, it has occurred due to internal or external war or due to political instability. In between 1992 to 2002, there were about eight regional / global economic crisis happened in Europe, Asia and U.S.A. In case of banks, the systemic risk area includes forex risk and interest rate risks. The low-quality credit assets will first collapse when the systemic risks deteriorate. A portfolio approach is the need of the hour to recognise such unique and susceptible sectors and credit asset allocations, which may witness a negative effect in various economic conditions. Hence, it is essential to structure the portfolio to be fine-tuned methodologically so that the rigorousness of varying macro- economic crisis is minimised. It is to be noted that systemic risk differs from industry to industry. (Joseph 2007:242). As per G10, a systemic risk is one where an incident will activate a deprivation of confidence or diminution of economic value and may result in vagueness that would compel the major segment of the financial system to destabilize due to negative impact on the real economy. Thus, a systemic risk will have four significant ingredients namely erosion of faith, a sudden spurt of vagueness, major segment of the financial system that might be impacted and poignant negative impact on the real economy.†(Eijffinger 2010 :44).†

Arbitration and Adjudication Essay Example | Topics and Well Written Essays - 1500 words

Arbitration and Adjudication - Essay Example These three sets of circumstances demand specific considerations and pose their own set of problems. I would like to begin, however, by briefly outlining some important qualifications for a study of these two methods of conflict resolution. One of the most problematic issues that arise when considering the efficacy of arbitration, as compared to adjudication, is the comparative lack of detailed information regarding the involved parties. In fact, as Walter Matti remarks, "the study of the practice of international commercial arbitration is like peering into the dark" (2001, p 919). Such cases by nature tend to be far less publicised than those settled through litigation, and indeed, many of the parties - be they individuals or companies - who seek private arbitration do so precisely because they wish to avoid the risk of having private information made public. The information used to argue either for or against the inherent superiority of arbitration cannot, therefore, be considered exhaustive. At the same time, however, Matti points out that the popularity of arbitration, particularly as a means of resolving international disputes, has increased exponentially over the past thirty years (2001, p 920). Since it may be assumed that the number of cases settled through arbitration would not have increased were arbitration not an effective method of resolution, it can be reasonably concluded that an increasing number of parties find arbitration to be more appealing than adjudication as a means of resolving disputes. In addition, arbitration possesses an inherent degree of flexibility that is not present when going through the legal system: "Unlike judges in public courts, who must follow fixed rules of procedure and apply the laws of the land, arbitrators can dispense with legal formalities and may apply whatever procedural rules and substantive law best fit a case" (Matti 2001, p 920). On the other, this flexibility carries with it considerable risks. Since arbitrators are not bound by legal formalities, they may of course exploit this flexibility, to the unfair advantage a party that cannot appeal to a court for clarification or support (Bonn 1972, p 257). Although this risk is always present, there are nevertheless significant benefits to pursing arbitration. In the case of arbitration as a means of conflict resolution between private individuals, the arguments in favour of arbitration appear to be quite strong. The emotional and financial demands on both the plaintiff and the defendant are considerably reduced, the overall resolution process is conducted in a less stressful environment, and decisions are often rendered more quickly. Arbitration is routinely used as a means of settling disputes between landlords and tenants, divorcing spouses, and accident victims suing for damages (Bonn 1972, p 256). In additional the arbitration process holds additional appeal because, although it is an alternative to the court system, is not entirely cut off from the it - rather, the two systems are complementary since "the provisions of an arbitrator's award can be enforced judicially under common or statutory law" (Bonn 1972, p 256). In addition, Plaintiffs therefore have the additional security of knowing