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Kosovo: How the Kosovar territory can get developing economically and culturally through its identity balanced between the ethnic strife and conflicts of interest between the Serbs, Albanians and the international community? Richmond University - London Romuald Maronese Dissertation Literature review A such unexpected and international violent struggle burst out between Serbs and Albanians in the former Federal Republic of Yugoslavia over the southern Serbian province of Kosovo1. This terrible issue led to a 1999 meeting between Serbian and Albanian officials in order to make a peace resolution and arrangements. This formal and official diplomatic meeting was organized by the international community under the control of the French and the Italians so as to discuss eventual peace. The Serbs were looking for protecting the cradle of their culture, the Serbian civilization and its identity against the Albanians’ battle for an independent territory of Kosovo. When the peace agreement could not be reached, the NATO2 countries, in order to protect Albanians from a massive  « ethnic cleansing,  » launched a missile bombing campaign over former Yugoslavia on the 24 March of 1999. The bombings lasted for 78 days. And NATO’s intervention in what came to be known as â€Å"the Kosovo conflict† injured and murdered thousands of civilians. It destroyed the local factories, workplaces, schools, and hospitals. Furthermore this tense conflict has damaged the country’s energy, transport, and communications systems. It also has triggered a economic, social, and ecological disaster; and made becoming thousands homeless. It traumatized numerous families on all sides of the war, including the people in the diaspora who had fled Yugoslavia’s civil war in the e... ...ermore, the conflict provoked a high risk of be prolonged psychologically in a serious brain disturbance. It has ruined their any chances of getting rid of this trauma by compromising any of them academic future. The many children facing this â€Å"massive war traumas show evidence of Post- Traumatic Stress Disorder† (PTSD). In this present massive study on the mental disorders of the children during the war, it would be relevant to wander how could we treat the youth’s distress and unstable mental health. Are the relatives, the local doctors and professionals able to educate theses children properly in order to make them recovering theses atrocities. Another study gathering what the new Kosovo State 6 Romuald Maronese Dissertation Literature review could learn from the aftermath of the war would be a better contributor to the potential development of the Kosovar society.

When to bail out

Even the proponents of free economy accept some form of regulatory intervention on organizations that become mighty powerful. The regulatory authorities have a right to intervene, if the market forces are giving unfair advantages such as monopoly or pollution. Commercial banks can become mighty powerful and at the same be very fragile. Even flourishing capital markets have not undermined the importance of commercial banking. Commercial banks are a widely used tool to stimulate the economy through loans that stimulate consumption and investment. Therefore, in essence the health of the banking sector is directly related to the health of an economy. Liquidity risk is inherent to commercial banking because the depositors can come and claim their deposits at anytime. A mismatch of time to maturity of advances and deposits can create severe problems. For instance, a wave of panic-stricken withdrawals can essentially bankrupt a bank in no time. This can trigger systematic risk and leave the entire economy shaken. The banks need to monitor their asset liability management statistics because any mismanagement can lead to bank runs or cash shortages. For these problems, central banks require of commercial banks to insure their deposits and provide them with liquidity support. By providing liquidity support central banks regulate the money market and injecting cash in the economy when demanded. These solutions in effect lead to other problems. For example, in insured deposits, depositors stop monitoring a bank’s performance and the banks increase their risk appetite by increasing lending. To address this issue the central bank requires banks to maintain a minimum capital adequacy ratio, and regulate insurance premiums to be proportional to the risk of a bank’s lending. However, recent stats suggest that capital adequacy is not a safe determinant to monitor banking sector. Commercial banks start to over rely on central bank’s liquidity support and tend to lend high premium loans to institutions with lower credit ratings. Even if such lending results in volatility in the money market such variations are small compared to the bank’s capital. Central bank needs to be proactive rather than be reactive because the public cost of economic instability and high interest rates is too high. Even the Basel II addresses risk capital framework but does not address provisioning for funding. The emphasis should be on liquidity rather than on solvency alone. Therefore, commercial banks need to be scrutinized through stricter prudential regulations.

Honor Code, The Tain, And Gantz s Early Irish Myths And...

Christopher Kramer English 319U 03/22/2017 Honor To The Hero The honor code that can be found in the Mabinogi, The Tain, and Gantz’s Early Irish Myths and Sagas drives the characters towards the ideal Celtic hero. The following of the honor code could be better seen as a way of serving the identity and reputation of the hero rather than a deeper code of morality as it might suggest. The gae bolga, Efnisien, Mider’s love for Etain, and Rhiannon’s magic bag are all instruments of unworldly power, making the impossible possible for each of the heroes. It is because of these supernatural influences that the heroes are both blessed and cursed by their own powers. The compliance to the honor code plays less a role in truly enabling the hero and†¦show more content†¦After each day of fighting they exchange food and bandages to heal one another (The Tain 248) Yet Ferdia’s final words accuse Cuchulainn of unfairness. (The Tain 256) And the gae bolga again brings death to a warrior more skilled then Cuchulainn, placi ng not only might and skill but also the will of Cuchulainn as the agent of fate. It might be of no coincidence that both Cuchulainn’s and Ferdia’s foster mother Scathach gives the gae bolga to Cuchulainn. (The Tain 72) Scathach is a prophetess and she knows Cuchulainn’s fate and his dedication to his heroic role in fighting for the honor of Ulster. (The Tain, 69) The Mabinogi, King Bendigeidfran’s wisdom and honor is depicted in the story of Branwen daughter of Llyr, when he divides the cauldron people among the land, helping them grow into good warriors (The Mabinogi 64). King Matholwch, the king of Ireland resents the cauldron people who after receiving complaints, resorts to burning the cauldron people alive. The story of the cauldron people emphasizes King Matholwch’s weak will. His honor is submissive in both the presence of Bendigeidfran and his people, often resorting to following their bad advice. Within the main plot, King Bendigeidfran exhibits honor and allegiance to Matholwch in giving Branwen’s hand in marriage. (The Mabinogi, p.60) He quickly offers horses and his honor-price in gold and silver to compensate the shame his half-brother done to Matholwch’s horses. (The Mabinogi, p.62) He literally