Review of Market Liquidity Risk Measurement Models Presented By: Kishore Rathi‚ EFPM 2008-12 Seminar Guide: Dr H K Pradhan Abstract Liquidity has been a very elusive topic with very little academic research coverage in Modern Finance. Cohesive definition of this phenomena is far from agreed upon. On the outset liquidity‚ with a number of dimensions and perspectives‚ presents a zig-saw puzzle of a common anticipation of uncertain worst loss. This loss is to be incurred while liquidating a large
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Microeconomic policy and princliples. Discuss the Economics of the war on drugs: The global war on drugs has been a downhill battle with no apparent success‚ which has also hailed devastating consequences for individuals and societies around the world. Since the initiation of the UN Single Convention on Narcotic Drugs‚ set up in 1961‚ and ex U.S. president Nixon’s declaration of war on drugs in 1971‚ billions of dollars and 10‚000’s of lives have been lost in this failing attempt to control
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Richard Nixon first declared a “war on drugs” in 1971‚ the war escalated during the Reagan presidency and shifted its focus from treatment toward incarceration and law enforcement. As George Moss and Evan Thomas explain‚ Reagan came to Washington “committed to waging a war on drugs and bringing the international drug trade under control” in 1981. Thanks to the rise of the Medellin Cartel in Colombia and other cartels in Latin America during the 1980s‚ illegal drug trade networks flourished‚ and America
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War on Drugs: Mexican Cartels Geography101B Baker College As Americans in the United States face the war on drugs‚ we struggle to get a grip on the killer of a nation. It seems as if illegal narcotics are killing and destroying families at an alarming rate. Since the early eighties‚ children have dropped out of school to make a profit from this dream killer. Many parents were either addicted to these illegal drugs‚ or in denial of their corruption. In many legal cases you hear the convicted
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The War on Drugs and Prison Overcrowding David Turner CCJ 1020 October 06‚ 2012 Overcrowding is one of the most difficult challenges that prison administrators face in the United States. There are many factors that that affect the constant flow of people being processed into today’s prisons. The “war on drugs” has led to more arrest and convictions that any other crime. The money spent on the prohibition of drugs and the law enforcement presence to stop drug trafficking raises high into the
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been taken due to the huge demand for drugs crossing from Mexico into the United States. The murder rate is extremely high‚ and has caused so much chaos between both countries because of this. Drug dealers in the United States contact drug dealers in Mexico‚ and vice versa‚ to cross the drugs between borders illegally. A high percentage of the time‚ either of the drug dealers from both sides will have a scape goat swim the border while carrying high amounts of drugs with them‚ or will attempt to cross
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According to Larry Elder‚ “The war on drugs is wrong‚ both tactically and morally. It assumes that people are too stupid‚ too reckless‚ and too irresponsible to decide whether and under what conditions to consume drugs. The war on drugs is morally bankrupt” ("war on drugs is wrong‚ both tactically and morally. It assumes that people are too stupid‚ too reckless‚ and too irresponsible to decide whether and under what conditions to consume drugs. The war on drugs is morally bankrupt. - Larry Elder
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Amy Jones PHIL 1400 May 5‚ 2010 America’s Unjust Drug War It has been said that the definition of insanity is doing the same thing over and over‚ expecting a different result; this statement fairly sums up the War on Drugs. Let us imagine a scenario of two men‚ one of them has killed 4 young women in cold blood‚ for ‘sport’ as he likes to say; the other man was caught with a large amount of an illegal drug. In prison it would not be unlikely for these two to share a cell‚ but my question is
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The war on drugs is one of the wars that every nation claims to be carrying out. The United States of America is considered as one of the vibrant drug trafficking regions globally. The war of drugs in the United States of America therefore rates as one of the longest wars in the nation (Lurigio‚ 2008 pg. 87). Ideally‚ it has taken approximately forty years since the kick-off of the war. Despite the fact the war may appear to be plain from the word of mouth‚ it posses unimaginable consequences on
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preferential securitisation of drugs and weapons related crime; in the case of the former Emmers (119-121) supports this notion. He points out that the illegal drug trafficking industry contributes to money laundering‚ arms smuggling‚ organised crime‚ corruption‚ illegal migration and possibly also terrorism (120). Furthermore‚ he emphasises that these factors contribute to societal‚ economic‚ and political degradation; consumer health and safety is affected as a result of increased drug use and crime levels
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