The Italian Bond Spread Essay Example | Topics and Well Written Essays - 2750 words

The Italian Bond Spread - Essay Example From 2008, Italian banks survived and prevented abrupt losses using the traditional business model and limited support from the government (International Monetary Fund, IMF, 2011). But the Greek and Irish crises increased the bond spread for most EU countries, causing a decline in government securities’ value and higher risks of investments on the affected countries. Aside from the European and worldwide economic crisis, Italy suffered from other internal problems such as economic and political systems, like economic fragmentation and the people’s lack of trust in national politics (Bastasin, 2012). In addition, reports of both the Left and Right government coalitions’ inability to create long-term solutions while creating counter-productive reforms and programs did not stop the economic crises’ effects, serving only a few sectors of the government and not all Italian people (Cline & Wolff, 2012). Other issues in Italy affected the people’s economic perception like over-reliance on non-permanent government work contracts, devaluation of some public services like health services and educational institutions, people’s deterrence from spending, and the increasing unemployment rates from the lack of support for small and medium-sized firms (Di Quirico, 2010). Also, the previous administration’s problems decreased the standing of the country such as the former prime minister’s non-incarceration from numerous filed cases, creation of self-serving policies and laws, and questionable ownership of majority of national television networks resulting to near-total control over mass media (Guiliano, 2012; Viroli, 2011). Internal... The Italian Bond Spread: Its Transformation from Berlusconi’s Third Regime to Monti’s Administration and Beyond Like other EU nations, Italy was also affected by the global economic crisis starting from 2008, but this was not the sole factor that caused its large fiscal deficit and high bond spread. The political instability from the former Prime Minister’s issues such as misusing public funds and inefficient policies along with the nation’s multi-party system’s lack of unity lack of policies compounded on the recession’s effects. While Prime Minister Monti initially helped increase the country’s credit standing through some reforms, these were not enough to completely change Italy’s economic standing. In addition, the 2013 elections created more problems due to a political deadlock, and the three major forces that were expected to reform the Italian politics had no hopes for cooperation at present. The existing policies should be revised to solve fiscal problems as soon as possible, otherwise the recession would continue to affect the country and even tually block Italy’s further economic development. Since most problems rooted from the leaders’ inability to create effective policies, one possible solution for Italy and other European nations is unification similar to the United States, where the government, leaders, politics along with the currencies are centralised. However, this solution would take a long time due to restructuring, developing and proper implementation.

Veterinary school personal statement Example | Topics and Well Written Essays - 500 words

Veterinary school - Personal Statement Example Being an intern at the Vancouver Aquarium I had the opportunity to work with a variety of animals such as sloths and tortoises – but one of my favorite parts of working there was sharing my passion and knowledge of animals with guests of the aquarium. Another inspiring experience at the Vancouver aquarium was when I shadowed the vet at the aquarium and observed him working with the animals both on exhibit and at the Marine Mammal Rescue Center, behind the scenes of the aquarium. Getting to observe Dr. Martin Haulena aid in rehabilitating injured or orphaned marine mammals  was  very inspiring.   Another challenging part of this job is that it’s not just about learning one species, but dealing with a wide array of animals and understanding them. When I think about being a vet, one of the most difficult tasks coming to my mind is the fact that one cannot simply ask the animals what is hurting them, and that even adds emphasis to the importance of professionalism and knowledge. The important lesson I have learned is that there will be hardships in this life, but there is still incredible beauty to be seen in our broken world. In one of my favorite books, Finding Beauty in a Broken World the author, T. T. Williams, uses a metaphor of a mosaic, writing, â€Å"mosaic celebrates brokenness and the beauty of being brought together.† I want to make a change in lives of both people and animals creating a beautiful mosaic in this world, one made from the incredible healing connection between the lives of humans and animals. To my thinking, each living being on this planet is fascinating, and all the animals possess their own specific beauty that adds diversity and color to the world. I took great pleasure in working with Laura Vello and taking care of horses as well as working at Westbury Vet. At the same time, having had some work experience at the zoo, I have discovered a strong aptitude for working with wild animals