Developing an implementation Essay Example | Topics and Well Written Essays - 1500 words

Developing an implementation - Essay Example This is not only meant to monitor the seriousness of the undertaking but also to aid in gaining the necessary support for the implementation of the activity. For instance, the proposed research is aimed at improving the health situation affecting mothers and children caused by the inefficacy of detection and intervention of the disorder. The achievement of this change is going to involve various parties as well as activities. The participants are human subjects adding to the criticality of the need for an implementation plan. Consequently, an implementation plan will play a profoundly important role in eliciting approval and support for the implementation of the research. U.S. Department of Health & Human Services (2009) refers the systematic investigation which involves research development, testing as well as evaluation with an aim of contributing to generalizable knowledge as research. The proposed research involves human subjects which makes it critical and thus has to be approved by the relevant authorities before it is conducted. According to U.S. Department of Health & Human Services (2009), a human subject is the living individual relied upon by the investigator to provide data either through intervention and interaction with or through private information about him/her which is identifiable. A review of the proposed research and its approval by the institutional review board (IRB) will ensure that the research will be conducted legally. The U.S. Department of Health & Human Services (2009) describes the functions of the institutional review board (IRB) as chiefly being the assurance of protection of the human subjects involved in any researc h. Consequently attaining an approval from the institutional review board means that the proposed research meets the constraints set forth and therefore it can be conducted (U.S. Department of Health & Human Services, 2009). The presentation of the approved proposal to the relevant

How has the global financial crisis affected the international economy Coursework

How has the global financial crisis affected the international economy - Coursework Example The main cause of this subprime crisis was the securitization in which the banks converted their loans into sellable assets with the intention of putting risky loans on others’ shoulders. For this, banks started borrowing more money to be given out as loans in the form of securities, which meant more securitization. Lehman Brothers, which collapsed on September 2008, is an example of such investment banks which got into mortgages by buying those securities and selling them on. When there was no one left to be given out loan to, banks decided to loan to the poor which was the riskier business. But they thought it was not that risky as bad loans would lead to the possession oh high priced property owned by the people. Thus, without proper management, bank got involved into a risky trading business of buying and selling loans. So when they wanted their money back, the riskier loans made them collapse. The banks asked the government for compensation which gave them new capital, bu t the confidence was lost (Shiller 2008). According to Professor Joseph Stiglitz (2010), the economist and the Nobel Prize Winner in economics, the US financial market was in a weak economic bubble before the crisis occurred. Most of the financial growth depended on the real estate. Housing was becoming expensive but the income was decreasing, which led to the fact that most of the growth was sustained by a few top people which meant that â€Å"we were consuming beyond our means†, states Stiglitz. He points out an important issue that when the governments put in more liquidity in the markets and banks to save them, the latter started thinking that they were saving themselves. As mentioned above, when the banks started running out due to bad loans, governments bailed them out using complex financial derivatives, like Credit Default Swaps (CDS) and Collateral Debt Obligations (CDO), which strengthened their habit of bad