Gender Inequality Is A Prominent Issue Globally - 1864 Words

Abigail Yeo Zhi Yi 311 Gender inequality is a prominent issue globally. Gender inequality is defined as unequal treatment or perceptions of individuals based on their gender. Around the world, women are not treated as equally as men. In 2015, only 50% of the world’s working-age women were in the labor force, compared to 77% of working-age men. In this essay, I will be focusing on gender inequality in China and Japan and the causes and effects of gender inequality in both countries, as well as whether gender inequality will be reduced with education. Francis Bacon once said, â€Å"Knowledge is power.† Education is important in reducing gender inequality for a few main reasons. Firstly, education can empower women. Education, be it vocational or academic, will give women the ability and skill to work and be useful in society. If a woman is given vocational education, she will have skills that she can put to use in a job and will be able to earn money. If a woman is given academic education, she will have greater knowledge and even be able to take up higher-ranking jobs. Secondly, education can change the mindsets of people about gender inequality. This applies not only for women, but for men too. Education could help people to realise that women should have the same rights as men and that gender inequality is wrong. People who receive education could spread awareness about the importance of education for women and fight for women’s rights, narrowing the gender gap. Thirdly,Show MoreRelatedThe Discrimination And Unequ al Treatment Of Individuals Based Solely On Their Gender1729 Words   |  7 PagesA very prominent social justice issue, gender inequality, is the discrimination and unequal treatment of individuals based solely on their gender. It is a major problem all over the world, but it’s effects are especially seen in developing countries with strong, lasting cultural traditions and social regulations that don’t give females the opportunity to be equal members of society. Gender inequality can be expressed in many ways, but one form is child marriage. Child marriage happens because ofRead MoreChild Marriage Is A Global Issue1609 Words   |  7 Pagesthat are being deprived of an education, robbed of their innocence and childhood, are having their life jeopardized by health issues related to child marriage. Child marriage is a global issue, negatively affecting and violating the human rights of many young girls being married before the age of 18 years old around the world. The practice of marrying minors can be found globally, however it is found to be most concentrated in the poor rural and provincial areas of Africa, the Middle East, and LatinRead MoreAnalysis Of Harper Lees To Kill A Mockingbird1210 Words   |  5 Pagessexual orientations, gender constructs and feminism. Society had certain constructs that had to be met. Throughout To Kill A Mockingbird, Lee breaks the bounds to overcome barriers, and challenge social constructs. This feature article delves into how two different generations, can be affected by the same one issue; two birds, one stone, the 1960s and today’s contemporary society, pained by prejudice. This article focuses on the historical context of the 1960s abd tge social issues of that time. TheRead MorePakist Child Health And Mortality1658 Words   |  7 Pagesinto four provinces: Punjab, Sindh, Balochistan, and Khyber Pakhtunkhwa (â€Å"About Pakistan†). Its capital is the city of Islamabad. While Pakistan has taken many steps to improve the state of its people in recent years, the prevalence of poverty, gender inequality, inequities, political instability and a struggling economy have proved very challenging for the country (â€Å"About Pakistan†). These factors also largely affect the health of Pakistanis, especially the health of Pakistani children. DevelopmentRead MorePalm Oil Is The World s Most Common Oil1021 Words   |  5 Pagesglobal demand for this commodity has increased over the years creating expansions of plantations in Indonesia leading to biodiversity loss, forest fires, peat degradation, hardship on families and a range of social issues. Since the early 1980’s palm oil has more than tripled globally primarily in Indonesia. â€Å"Most of this expansion has occurred in Indonesia, where the total land area of oil palm plantations increased by over 2100 per cent (more than 22 times greater) over the same period, growingRead MoreFacilities And Lack Of Security For Homeless1457 Words   |  6 Pagesfacilities and lack of security for homeless are prevalent in rural areas of Bangladesh. (Bangladesh National Policy Framework for Women’s Empowerment and Gender Equality, 2000). Empowerment will expand women’s human and social capabilities, their assets and authority over the assets. According to World Bank (2002) empowerment is the expansion of assets and capabilities of poor people to participate in. negotiate with, influence, control and hold accountable institutions that affect lives. The capabilitiesRead MoreSocial Education And The Competent Social Work Practitioner955 Words   |  4 Pagesneeds to focus on teaching global issues and applying the structural and anti-oppressive principles of practice (Razack Badwell, 2006). According to Mohan (2005) stated by Razack Badwell (2006) that the social work profession seems to be silent to teach students to achieve adequate skills to think and act globally. This essay will be divided into five sections. The first section will briefly describe the topic. The second section will discuss the global issues in social work education. The thirdRead MoreCapitalism And Feminism : A Form Of An Economic And Social Organisation1933 Words   |  8 Pagesmovements and ideologies that share a common goal to create change by establishing the equality of genders to ensure that women are treated fairly in the social, political and economical environments. 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This view is usually shattered when something like the women’s soccer scandal will rear its ugly head; forcing people to see pastRead MoreSex Trafficking : A Unique Sector Of Slavery1201 Words   |  5 Pagesbrothels, strip clubs, and online services. This horrible occurrence happens secretly in practically any corner across the globe. Although it causes immense physical harm to its victims, the physiological and emotional damage remains severe and prominent. Victims from Asia are sent to the widest range of locations, but not all cases involve extensive transportation. One key contributor to sexual exploitation is Russia, and a variety of factors contribute to this prevalence. Russia’s colossal geographical

How to Look at a Rock Like a Geologist

Man Is an Architect of His Own Fate - 1808 Words

There is a class of men who think that everything is pre-determined in life and, however much you may try, you cannot get out of that groove. So even your best efforts cannot yield more gains than those God has already settled for you, for fate rules supreme. Even great Shakespeare had said – there is a divinity that shapes our will. Man cannot change this fortune. What is lotted cannot be blotted or avoided. But there is another school of opinion, that is more reasonable in this age of science, that a man has powers and parts to build his own career. The efforts of a resolute and steadfast worker are sure to be crowned will success in the long run. If the students who get plucked once discontinues his effort with the belief that it is his†¦show more content†¦The unfortunate voters who have not much discriminating power as victimized by the chain of modern civilizing process become subjected to the plundering process of the political heads in the matter of their hearth and home. These unfortunate people being too much harrassed by governmental taxes and famine, are forced to accept cotton and potato or other leaves as foodstuff. They become forced to accept meat and flesh instead of grains and vegetables and they are obliged to assimilate hydrogenated injurious oil in place milk and ghee. By such eating process they are attacked with cholera, typhoid, dysentry and tuberculosis to meet an end of miserable life. They are subjected to the pangs of winter and summer, rains and sun besides hunger, thirst, disappointment, frustration. Thus they have to make a sad end of life by over anxiety due to all round scarcity. That is the sum and substance of the advancement of material civilization. Undoubtedly we have produced by dint of advancement of having the motors, the radios, the cinemas, the railways, the airways, the (? ), the medicines, the toilets, the big buildings, the big mills, agricultural implements, big offices, (?), hodgepodge philosophers, industrialists, poets, scientists, politicians, iron men, statesmen and what not but the net result is no food, no clothing, no shelter, no peace. Will any thinking and sober man with any sense of humanShow MoreRelatedCharacter Is Fate1490 Words   |  6 PagesCharacter is Fate – Essay â€Å"A man’s character is his fate† once said the Greek philosopher Heraclites. By this he meant that our personalities and actions shape the outcomes of our lives and therefore our destiny. This statement opposes the traditional view that man’s fate is determined by an external force (name it god or even chance). This argument is basically one of faith: do you believe we shape our own futures by how we act, or are our lives programmed in a certain unchangeable way? In otherRead More 12 Angry Men Essays1459 Words   |  6 Pagesmovie by far is the Architect in the White Suit. Right off from the beginning at the original vote the Architect stated clearly his position in the matter. Against the rest of the group he strongly held his ground and fought for what he believed. Most people in his position would have changed their opinion immediately after realizing that he was completely outnumbered. However he continued to argue his points and reiterate the reasons w hy â€Å"evidence† needed to be questioned. His mind was simply brilliantRead MoreLiterary Analysis Essay811 Words   |  4 Pageshappily ever after. In fact, all protagonists’ fate is decided by the narrator’s hand. 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Following Laws versus Rules Interpret Ethical Issues with Subprime Lo

Question: Describe about the Following Laws versus Rules for Interpret Ethical Issues with Subprime Loans? Answer: Interpret Ethical Issues with Subprime Loans Summary of the concept of subprime loans and the risk of subprime loans to the lenders and borrowers:- The subprime loan is a type of very low or no down payment loan which has an option of second loans that act as the down payment for the first loan and eliminate the necessity of cash down payment of monthly premium for PMI (Private Mortgage Insurance).The households or peoples with less than moderate incomes, having imperfect credit records and very limited wealth to access the housing loans to refinance the existing home or buy a new one are the greatly benefitted from this Private Mortgage Insurance or PMI Scheme(OCC, 1999). This type of loan results in a boom in the housing sector as this includes the opportunity to access easily the loans, which leads to a decrease in the interest rate and a rise in the income. According to the marketing data, there was a spread of this housing bubble outside the housing sector, which caused a slowdown in the economic progress. The economy is still suffering from this recession due to the high unemployment rate and weak economic recovery (Utt, 2 008). Having a poor past credit history, serious credit problem, income of the state, high doubt to income ratio, the subprime loan borrowers are considered as a person and it is not possible for him to documented all the underwriting information in the applications and always go for the high LTV or, loan to value mortgage. Because of the high-interest rate, there is a risk to the borrowers for defaulting during the ongoing situation. Foreclosure on their home is considered as the second risk. It was found that the price of the house owned by an individual or a borrower is lower than the down payments of his/her borrowings. Therefore, they keep the distance from that houses, which they cannot purchased and let the lender foreclosures on the assets. Having the higher delinquency rates compared to the standard prime mortgage is considered as having risks of sub-prime loans to the lenders (OCC bulletin 99-10 (1999), 1999). The lenders also have the higher loss rate risks besides, the higher d elinquency rates. As the lenders cannot manage the loss, they may leave the business because of the combined effects of high delinquency rates and loss rates (Ethical Issues with Subprime Loans, 2014). The role of leadership decision-making in the subprime loan during the financial crisis:- On subprime loans, the majority of the home mortgage loan defaults is dependent with a high-interest rate loan to the buyers of home and this type of risk is higher than the average credit risk. To extend the number of home ownership for the Americans, the federal government had encouraged the bank to make sub-prime loans. The banks are the biggest indirect investors in the subprime loans. The money that had been lent by the banks from the investment companies is used to purchase a large number of Mortgages from the mortgage lenders (Turano, 2006). It becomes difficult for many investment funds to repay the loans that he had taken out from the banks. Hence, a declaration about the uncoverable loans should be made by the banks. However, this process will lead to a declining in reserves and generate the new loans. As both the businesses and consumers depend on the loans to finance the investment expenditures, the introduction of subprime loans will threaten the economy. Because of this poorly structured subprime-lending program, there are major losses and other problematic issues faced by most of the institutions of U.S.A. The higher default race and the loss-on default rates involving with the subprime lending and high overhead costs are underestimated by the institutions which frequently lacked the business planning process, management expertise and risk management processes which are very necessary to eliminate the risks associated with the subprime loans in a safe and sound manner. Hence, in financial institutions, leadership play a very critical role, as their decision-making will affect the other institutions or other individuals. A leader of the financial institution must have the quality of integrity, accountability and the responsibility (Thiel, 2012). If a leader ignores these duties, then there will arise a big problem for the institution. This similar case happened in the case of the sub-prime loan. Despite the ethics in leadership is to focus on moving forward, the financial and corporate misconduct amidst in the subprime lending that have left few wonderings ('The Ethical Challenges of Subprime Loans', 2015). With the notion of social responsibility evaluating the effect of subprime loans:- In 1995, the total subprime loans were only $18.5 billion whereas after ten years in 2005 it was increased to 507.9 billion. Hence, between the decades of 1995-2005 the economy faced a huge increase of subprime loans i.e. 489.4 billion U.S. dollar. However, there was a burst of the housing bubble in the housing market since the year 2005, which resulted in an increase in the interest rate. Hence, there were foreclosures of purchased houses through the rising sub-prime loans, which indicated that there would be the continuous rise in foreclosure. This led to damage in the housing market, which has a spill over affect the overall economy and results in recession in the economy (Bryson, Bryson, Bryson, Bryson profile, 2015). To promote the home ownership, there are some goals of American policies. The U.S. government has set up different financial institutions to make the purchasing process of home easier, quick and also convenient to provide the home to every citizen. This is a kind of social responsibility of U.S. government on the low-income group families and the minority group of the society. To protect this social responsibility, in 1938, the Federal Nation Mortgage Association, FNMA, or Fannie Mae was set up by the U.S. government with the primary goal to provide a secondary market for home mortgages. That is if there is a need for funds after granting the mortgage to the borrowers, the mortgage can be easily sold by the banks to the borrowers and later if there will a need for funds for the banks, the mortgage can be easily sold to the FNMA by the banks. The lending institutions that have the access to the secondary mortgage market of FNMA had to abide by the rules of FNMA. The U.S. government fo cused on creating another institution to compete with FNMA in the secondary mortgage market, after its privatisation. The Federal Home Loan Mortgage Corporation or FHLMC or Freddie Mae was created by U.S. government in 1970 to expand the secondary mortgage market (Hagerty, 2008). The consumers or the borrowers cannot get direct loans from both the institutions FNMA and FHLMC. The main aim of these two institutions is to increase the number of low-income families and the number of a minority to own their home (Myassignmenthelp.com, 2015). Since the time to assure that this will not happen again, what measure should be taken? During the period of 2007-2008, when the U.S. economy faced a financial crisis, an overall measure was taken by the government to tackle the problem, as it was known to the problem that what was the problem and how to prevent it that it will not happen again. In the year 2007, there was a threat for the mortgage lenders as well as for the all financial institutions due to the highest defaults on the home mortgage loan. Several steps was taken by the government to provide the limited relief to eliminate foreclosures regarding the problems of sub-prime loans and to adjust and refinance the payments to stay current on their payments and to keep their homes the government will allow those steps with great credit opportunities. To strengthen the lending rules to prevent loans to being issued by people who are unable to pay the monthly payments and to offset the incentives generated by the mortgage-backed securities. To help the homeowners who are not able to repay some mortgage loans different legislations have been passed by U.S. government. In 2010, U.S. Congress has passed and signed the Wall Street Reform and Consumer Protection Act to send a new message to the executives of large financial corporation, the bondholders and the stake holders that if they allow their corporation again into the serious financial trouble, they will suffer from the extremely high and unavoidable financial losses (Board o f Governors, 2012). References Bryson, D., Bryson, D., Bryson, D., Bryson, D., profile, V. (2015).Following Laws versus Rules: Interpret Ethical Issues with Subprime Loans.Followingrulesvslaws-suprimemortgage.blogspot.in. Retrieved 2 August 2015, from https://followingrulesvslaws-suprimemortgage.blogspot.in/ Ethical Issues with Subprime Loans,. (2014).Ethical Issues with Subprime Loans. Retrieved 2 August 2015, from https://savdrew.wordpress.com/ Hagerty, J.R., H. (2008). Hagerty, J.R. (2008). Fannie, Freddie Mae shares suffer hit as mortgage default fear mount. The Wall Street Journal, March 11, 2008. Myassignmenthelp.com,. (2015).ethical issues and obligations,develop a blog aimed at allowing participants to. Retrieved 2 August 2015, from https://myassignmenthelp.com/answers/humanities/ethical-issues-and-obligations-develop-a-blog-aimed-at-allowing-participants-to-interpret-ethical-issues-surrounding-subprime-loans-be-sure-.html OCC bulletin 99-10 (1999), O. (1999). OCC bulletin 99-10 (1999). Interagency Guidance on Subprime Lending. The Ethical Challenges of Subprime Loans. (2015). Retrieved 2 August 2015, from https://baileypr.weebly.com/1/post/2013/12/the-ethical-challenge-of-subprime-loans.html Thiel, C., Bagdasarov, Z., Harkrider, L., Johnson, J., Mumford, M. (2012)., T. (2012). Thiel, C., Bagdasarov, Z., Harkrider, L., Johnson, J., Mumford, M. (2012). Leader Ethical Decision-Making in Organization: Strategies for Sensemaking. Journal Business Ethics. (2012) 107:49-64 DOI 10.1007/s10551-012-1299-1. Turano, E. (2006), T. (2006). Turano, E. (2006). Subprime mortgage lending: recognizing its potential and managing its risks. Housing Finance International, September 2006. US Board of Governors, U. (2012). Board of Governors. 2012. The U.S. Housing Market: Current Conditions and Policy Considerations Whitepaper, January 4. Utt, R. D. (2008), U. (2008). Utt, R. D. (2008) The subprime mortgage market collapse: A primer on the caused and possible solutions. The Heritage Foundation Leadership for America, April 22, 2008. Retrieved from https://www.heritage.org/research/report/2008/04/the subprime mortgage market.