Psychology Homework Essay

The argument I have chosen to use is one that was between my friends and I. It was the early hours of the morning and we were at a Jacuzzi party. We were discussing the topic of wages and how much those of us who worked were earning. We then started talking about football players and how they earn millions of pounds for doing a very unnecessary and over paid job; compared to people who offer a service for the country such as those in the NHS or the armed forces who spend all day risking their lives or saving other peoples. The two main points of the argument were: 1. ‘Yes, Footballers are over paid but that is the way it is and that’s how it fits into the national framework’ – This point was shared by everyone in the argument, except one person 2. ‘Footballers are paid to much and it should be changed now! ’ – This point was shared by one person The people who believed in point 1, myself included showed how their point was valid. They showed that even thought it is not morally right for footballers to earn that much money compared to the amount of work they do or in comparison to people in public services but that is the way it is and with out them Public services would not be able to run as easily. We showed this by explaining the national frame work. The money that is earnt by the footballers is taxed greatly, some as much as 40%, This money is then distributed between education, social security, the NHS and many other things. The other person was still on a one tracked mind that it was just wrong and should be changed. So we explained it again and after much persuasion he started to see things our way. He then started to change the argument and incorporated big companies such as McDonald’s and Nike. His point was that they employ people in under developed countries to work for them because it’s cheap labour and it allows them to make a massive profit margin. The whole group agree that this was wrong but being the well balanced young adults we are, we looked at both sides. Some of our outcomes were that even though to us it seems like an unacceptable wage, the people employed are at least employed. We went far beyond people in Asia and right to where we lived. To other people, 16 and 17 year olds being paid just over minimum wage to work long hours and do jobs other people would say no to, is fine by them. In fact, after this argument a lot of people involved realised it was about themselves. How ironic?

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High blood pressure medications Were the fourth most prescribed (1 1 percent) and vaccines Were fifth (1 1 percent). With the exception of medications for high blood pressure, the drugs were prescribed to both men and women across all age groups. For example, one in four teens now abuse or misuse a prescription drug at least once in their lifetime. However, there is no completely accurate way to measure prescription drug abuse. The number is not that important, but the fact that many people suffer from addiction to prescription drugs is.According to the findings of some research that this paper will examine, some of the prescription medicine can cause negative effects such as pain, physical penitence, addiction, tolerance, and death. A woman by the name of Judy Tomato was prescribed a strong antibiotic in t†. ‘ice a day for five days to shift her chest infection. Her doctor didn't mention any possible side-effects. Three days later Judy woke up with an all-pervading tight feeling in the backs of both calves. Her pain was so sharp even she could barely walk. After visiting a hospital, a local doctor suspected a ruptured Achilles tendon.She didn't realize that tendon rupture can be a side-effect of taking antibiotics. Five years later, she is still suffering persistent lower leg pain and other unexplained symptoms, including pain and burning in her lower legs. ‘ PRESCRIPTION MEDICINE ABUSE AND TENDS Every year millions of prescription pills enter the illicit drug market. Enormous amounts of people in the U. S. Use prescription drugs for the wrong reasons. Nationally, the federal government spends about $13. 5 billion on the drug war, but only $70 million goes to investigate prescription drug offenses.By having an accurate dosage, a high purity level, and a lower price, prescription pills have established a place next to regular street drugs. Medical offices and pharmacies help supply a large amount of these drugs. There is no glory in catching d octors and pharmaceutical companies involved in this illegal drug trafficking. Media coverage is small due to the fact there are no guns and no bundles of case for the world to see. Sometimes action is taken, but the results are usually small. Very few doctors, dentists, and pharmacists are prosecuted annually for prescription fraud.The evidence now conclusively points to the fact that Whitney Houston has been killed by the pharmaceutical industry. ‘Whitney Houston death must serve as an urgent reminder that pills are not the answer, and that those who seek to alter their moods, physiology or biochemistry through Big Pharmacy deadly drugs are only playing Russian roulette with their lives† said coroner officials. In a research of an estimated 10 prescription frauds, one doctor received a short sentence; the other nice pleaded guilty and were put on probation. Part of the problem is that medical practitioners are usually charged under laws carrying low prison penalties.Th e laws are written allowing health care professionals to escape serious drug trafficking charges, no matter how fraudulent. About 75% of physicians convicted Of prescription rug crimes got to keep their license. Medical and pharmacy board investigators are seeking more court orders to suspend licenses after someone is arrested. 3 Addiction to prescribed drugs or to those used in treatment is term iatrogenic. The most common drugs susceptible to addiction are those prescribed for psychological problems. Some act on the mind, having low potential for abuse and dependence.Examples are anti- psychotics, anti-depressants, and lithium salts. Other, like barbiturates and amphetamines, has high potential. Amphetamines Amphetamines raise mood, increase the sense of energy and alertness, and crease appetite. A few users react oppositely, becoming drowsy, anxious, and irritable. Some people feel the need to Stay awake for long periods Of time. Medical interns and long-distance truck drivers so metimes use amphetamines for this cause. The effects wear off after a couple of hours, leaving the abuser exhausted, drowsy, and depressed.The highly addictive methamphetamine is a chemical is a chemical similar to amphetamines, but it is much more potent, longer lasting, and more harmful to the central nervous system. Methamphetamine can be prescribed medically for ADD, extreme obesity, and narcolepsy. However, because of its high potential of abuse, it is legal only by a one-time, no refillable prescription. Most methamphetamine that sells on the street is made by small illegal labs from household materials. Methamphetamine can be synthesized easily. Intravenous use of methamphetamine is usual and tolerance occurs quickly.Larger and more frequent doses become required to achieve the desired effect. A very negative outcome could be that a paranoid type Of psychosis would develop. This would cause a loss of reality and delusions of persecution. Painlessness's Painlessness's are medi cations commonly prescribed to treat anxiety and anis attacks. They were first marketed in the sass and have become the depressant of choice in many medical practices. Considered safer and less addictive than barbiturates, they now account for about one in every five prescriptions for controlled substances.They are most commonly used to sedate, induce sleep, relieve anxiety and muscle spasms, and help prevent seizures. More than a dozen painlessness's are approved for use in the United States, including Lorena (Divan), laboratory (Asana), disappear (Valid), modally (Versed), and kaleidoscope's (Labium). Symptoms of chronic use include memory loss, irritability. Appetite Suppressants Most appetite suppressants are stimulants. Patters of use and abuse vary greatly. A therapeutic dose may result in chronic daily ingestion, while use of larger quantities may cause an individual to binge or spree.The more amphetamine, like the appetite suppressant, the greater the chance is of abuse. Sto pping the use of appetite suppressants can be difficult for abusers because of withdrawal symptoms like tiredness, discomfort, or depression. These problems have caused many doctors to Stop prescribing them. COMMONLY ABUSED DRUGS Prescription drugs help patients manage pain, restore balance, control sleep crosiers, and fight obesity. However, when abused they can be incredibly dangerous. Three commonly abused prescription drugs are depressants, stimulants, avoids.Barbiturates are some of the mostly commonly prescribed CANS depressants. Some like Membrane and Nebula are prescribed to treat anxiety, tension, and sleep disorders. Painlessness's like Valid and Asana are prescribed to treat anxiety, acute stress reactions, and panic attacks. Other painlessness's like Halcyon and Promos are used for short- term treatment of sleep disorders. All of these depressants produce a beneficial drowsy or calming effect. Else over a long period of time will result in tolerance. Larger doses will th en be needed to attain the original effects.Continued use can also lead to physical dependence and withdrawal. Both barbiturates and painlessness's have the chance of being abused and should be used only as directed. Amphetamines and caffeine are stimulants used primarily to delay the onset of mental and physical fatigue. Students studying long hours for exam, like athletes who feel the drugs will improve their performance, and workers who want to stay awake on the job often use stimulants. These drug compounds are often found in diet pills which, if issued to anorexia nervous.Anorexia nervous is a pathological loss of appetite thought to be psychological in origin that is manifested in extreme dieting and excessive thinness. Caffeine is also found in many beverages, pain medications, and allergy and cold remedies. Unusually high doses, or excessive use of stimulants over long periods Of time can lead to anxiety, hallucinations, severe depression, or psychological dependence. From a strong stimulant such as cocaine to nicotine in cigarettes and caffeine in coffee and cola drinks, stimulants are an intimate part of our lives.Avoids attach to proteins in the brain, spinal cord, and gastrointestinal tract and block the perception of pain. They can also induce euphoria by affecting the brain region responsible for our perception of pleasure, Morphine is often given to patients before or after surgery to alleviate severe pain, shares codeine is used for milder analgesia (pain relief) or serious coughs. When taken as directed, prescription avoids can manage pain effectively. Side effects can include drowsiness, nausea, and constipation.If taken in a large enough doses, however, prescription avoids can result in respiratory depression or even death. The medications are not meant to be used with other substances that depress the central nervous system such as alcohol, antihistamines, barbiturates or painlessness's, as the combinations increase the risk of life-threate ning respiratory distress. Long-term use or misuse can lead to physical dependence and withdrawal symptoms if use is suddenly stopped. Withdrawal symptoms include restlessness, insomnia, diarrhea, vomiting, and involuntary leg movements.Canada and Mexico both have less Of a problem with prescription drug abuse than the US. Canada did have about the same level of prescription opiate abuse as it did heroin abuse n 2009, while Mexico prevalence of prescription drug abuse remained low. PAIN MEDICATIONS, ADDICTION AND MISUSE What is the most common reason people go to the doctor? It is pain. Doctors all over the country wonder how they can prescribe accurate medications so the patient is relieved of pain without becoming addicted to that medication. Many doctors under-prescribe powerful painkillers.They overestimate the potential for patients becoming addicted to painkillers such as morphine and codeine. When doctors limit pain medication, thousands of patients suffer needlessly. Misuse of prescription and over-the counter (ETC) drugs can often lead to psychological and physical dependence. People use increased amounts of drugs to ensure a sense of well-being while treating unrelated illnesses or health problems, or for non-medical purposes. Many medications contain alcohol and narcotics such as codeine, which can be addictive and life-threatening.Use of alcohol, a depressant, with some prescription and over-the counter drugs may inhibit or increase the drugs effectiveness and cause a loss of coordination. Combining ETC drugs with some prescription drugs can cause the similar effects or even more harmful types of reactions. 4 Deficits in cognition, vision, hearing and strength, all of which commonly occur with the aging process, could increase the likelihood of medication misuse. For example, an elderly person who is forgetful may overuse or underused medications.Similarly, an elderly individual who has difficulty with reading the instructions on the vial or has di fficulty hearing verbal instructions may take medications in a manner that deviates from the original intention. Finally, an elderly person with diminished strength, or one who has painful arthritis, may overuse (to minimize the number of painful attempts to obtain medication) or underused (avoid taking medications) because of difficulties with the medication vial. 5 FUTURE INCREASE Medication misuse and/or substance abuse is a complex problem among elderly populations.There continues to be a perception that substance abuse and misuse in the elderly is not an important public health problem for society. Most of the emphasis has been placed on the study of younger populations without an appreciation of the unique problems presented by the elderly substance user. There is a need to develop a treatment infrastructure that is sensitive to problems of older substance users. This would include education of professionals as well as that of the public at large. CONCLUSION Prescription medic ine abuse is a modern-day disease that affects millions of our population.Sometimes people become addicted to painkillers and then start abusing them. Some even lie to their doctors to get more medication. A few of the drugs being abused are barbiturates, painlessness's, amphetamines, and appetite suppressants. If people are not careful, overdose of these drugs could kill them. Even though there is little coverage of prescription drug abuse, it is continually happening. It can and does affect many in various ways. Sometimes doctors, dentists, or pharmacists are involved in illegal drug trafficking.However, if caught they receive small sentences. The elderly are also involved in medication misuse. When they take the medicine, they don't always take the right amount at the right time due to loss of sight, hearing, and strength.

Exploring online consumer Behaviors Research Paper

Exploring online consumer Behaviors - Research Paper Example The primary reason for choosing public school teachers as sample participation is the diversity in income levels, demographics, family size, marital status, gender and online consumer behaviors present in this occupation. Research Procedure To test the hypothesis and address the key areas of investigation i.e. exploring the factors driving online purchases, a quantitative research methodology will be used. In deciding on the target online shopping destinations, experimental manipulation would be required in order to formulate relationship between consumer behavior and motivational characteristics. Factors such as price variability or product quality have to be controlled in order to gauge the correlation between previous online experience and consumer behavior. A sample survey prepared for assessing online consumer behavioral patterns will be distributed among the sample population through a website. The survey would seek general information as age, gender, income levels, marital sta tus and specific questions such as frequency of online shopping, nature of online shopping – specific or everyday use, satisfaction from online shopping experience, basic motivators of shopping online – price differential, ease of transaction, perceived quality, satisfaction of purchase etc and negative experiences in online shopping.

Law, Governance, Regulation and Ethics Essay Example | Topics and Well Written Essays - 1000 words

Law, Governance, Regulation and Ethics - Essay Example The first issue raised in â€Å"Wall Street’ is based on the ethics which are broken throughout the film. The ethics that are associated with the movie include gathering confidential information about the stock market. This is done not only by obtaining illegal information but also includes breaking into offices and taking confidential information. This is first done by Gekko and is later followed by Fox with the desire to move up with his placement in the corporate world. The approach which is taken is one which is based on a combination of legalities and ethics. According to the law, there are requirements with confidentiality that are put into place. This is to protect businesses with privacy and from unfair deals which may occur without the companies knowledge. This is followed by private property rights which make it unconstitutional for an individual to take information. By breaking these ethical considerations, there is a break in both government and corporate regulati ons while harming others that are a part of the main process for obtaining information (Nelson, 2005: 3). The concept of ethics on a legal basis is important to note because it combines with individual behaviors, legalities and responsibility that is a part of the corporation. The work of Fox becomes important because he is a representative of the company which he works for. When he takes the private information through illegal information it causes him to be a representative of the company, leading to a direct overlap between ethics and corporate governance (Mullerat, 2010: 48). However, this becomes misunderstood as his actions lead him to a raise and as one of the best performers of the institute. More important, the response from the country which has gained prestige in the market is interested in hiring Fox after his sentence because of the work which he has done. The actions taken by the corporations reflect directly in the understanding of what it means to be legally responsi ble and to be honest and fair in different dealings. The actions taken with the main characters show that there isn’t an understanding of the ethical responsibilities of individuals as well as how this reflects in the corporation. The importance of the private interactions and the association with the ethical considerations with governance is important to note because of how it affects others who are a part of the company. This becomes the main battle that is associated with ethics. From the viewpoint of both Gekko and Fox, there is the belief that â€Å"greed is good.† However, there are also others who are harmed from this, including the reputation of the businesses, the customers who respond to the dealings and the others who have to pay for the information which is taken and the deals which follow. The concept of corporate citizenship becomes the main component with the actions taken. This states that an individual who is in a business is not only responsible for m aking money or representing the company. The information which is taken, actions which are violated and the unfair dealings reflect directly with the citizen relationships and how others are affected. The corporate governance is one which leads to individuals having a sense of responsibility toward the company, stakeholders, customers and others affiliated with the business. If the

Creativity and Innovation Essay Example | Topics and Well Written Essays - 3000 words

Creativity and Innovation - Essay Example In my case, it is the latter that made me realise my creative potential, and helped me to plan my career as an Interior Designer Event Manager in future. Over the years, a number of theorists through case studies, research methods and experiments, have attempted to understand the innovation and creativity amongst individuals, in a better way. All these efforts have significantly contributed in broadening the comprehension of the subject, in spite of the disagreement in between the theorists along with their hypotheses that still remain to be substantiated fully. But, it has been unanimously agreed that there are no definite rules concerned with the sources of creativity. According to Teresa Amabile, the Head of the Entrepreneurial Management Unit at Harvard Business School and also a doctorate in Psychology has stated that creativity is actually a confluence of Creative Thinking, Knowledge and Motivation. Creative Thinking relates to the problem approaching mechanism of the people, which is dependent on the working and the thinking style of the individuals. Knowledge refers to the relevant understanding that an individual brings in o rder to bear a creative effort. Teresa Amabile stresses on the fact that motivation is an accepted key to creative production, and most of the important motivators are passionate and are interested in the work. Knowledge has been described as the relevant information that an individual brings in order to bear a particular problem. According to Howard Gardner, there are two types of knowledge that are required for creativity, namely, long term focus and in depth experience. Creativity rests on the particular ability to combine previous disparate elements in new ways that implies the need for much broader focus along with varies interests. Key aspects of Creative Thinking, as suggested by Amabile, comprise of the following: Combining knowledge from the previously disparate fields Comfort in disagreeing with the others and trying to find out solutions that depart from status quo The specific ability to step away from a particular effort and return later with some fresh perspective The ability to persevere in dry spells and difficult problems Motivation, on the other hand, comprises of intrinsic interest, childlike curiosity and perseverance that border obsession, collectively set the individuals, who in turn, change the culture apart from rest of mankind. It has been noticed that much of the work of Amabile focuses on the role of intrinsic motivation and finding out the ways in which the intrinsic motivation can be improved both in the workplace as well as in the classroom. (Karlyn Adams, September 2005, A) The revised view of Amabile acknowledges the fact that probably two types of extrinsic motivation exist namely, non-synergistic motivation and synergistic motivation. Non-synergistic motivation refers to the controlled motivations and synergistic motivations refer to the enabling and informational motivations; synergistic extrinsic motivators actually enhance and support intrinsic motivation, while non-synergistic motivators hinder the inherent or the intrinsic motivation. In relation to this, Amabile stresses that in educational contexts, the reward for schoolwork should always be viewed in the light of their impact on the creativity. This intrinsic motivational theory is well reflected in the lives of great creators, like that of Picasso, Einstein and Gandhi. All these great personalities

Surviving Divorce Essay Example | Topics and Well Written Essays - 1250 words - 1

Surviving Divorce - Essay Example For sensitive beings, it really is a trauma, or may be more than that. To come out of the cocoon shell after the divorce, and start leading a normal life, is actually a task that demands a lot of determination, energy, and strength of character and mind. Surviving a divorce alone is not that difficult as it is when there are children. This paper tends to discuss how surviving a divorce is difficult, and how one should be able to survive it, with and without children. â€Å"More than 40 percent of marriages in America end in divorce† (The Survivor’s Club, para.2). There are a lot of people out there who have decided to get separated from their spouses, have signed the papers, have convinced their children that they would be going to live a single-parent lifestyle, have moved, and have finally settled. So, this is not something out of the world. People get married, and if they find out that they are not going to be compatible to spend their whole lives with each other, they get divorced. However, what happens next is a matter of sensibility and good planning. An ill-planned life after a divorce results in a greater havoc and a heavier mess than before. On the other hand, a well-planned life after a divorce brings much more happiness and satisfaction than the time before divorce. All of us have known someone who has survived a divorce with strength and potency; and, all of us have also known a person who has chosen to be a victim of t raumatic stress for good, or at least for many years after the divorce, not letting the dark shadows of sadness and gloom end. So, to survive a divorce or be a life time victim of stress and depression is all a matter of using sense and sensibility. Of course, there is pain attached to the whole thing, but how we lessen the pain, or bear it, is the magic trick. According to Wendy Walsh (para.2): A pain-free divorce is limited to those who are

The Role of Religion in the Chinese and Indian Societies Research Paper

The Role of Religion in the Chinese and Indian Societies - Research Paper Example The people within a society collectively act and share the same interests (Carroll & Buchholtz, 2009). With this brief definition on hand, it can be inferred that societies differ from each other. In line with this, this paper will identify the differences and similarities of the Indian society from the Chinese society in terms of their religious beliefs, and on how these differences affect their standard of living and their employment. Indian and Chinese Society Geographically speaking, the geographic unity of the Indian society is bounded by the strong cultural roots of the Indians. The variety of culture and traditions of the different groups in the Indian society has become one of the strong bonds of the people, which are greatly depicted in their literature. The Indian society had transitioned from Sanskrit to a Secular society; however, this did not alter its unity. An Indian household has a natural familial relationship between parents and children. Endogamy is also practiced within the family in order to maintain bloodlines within royal families. With this on hand, hypergamy also exists in the Indian society, such as in the case of the caste Indian system. Â  Aside from hypergamy, the Indian households also practice disintegration, which allows the family to be independent from one another. Aside from this, two bases of feudalism are also presented in India including the fiefs and the benefices. On the other hand, the basic characteristic of a Chinese society is also feudal. Moreover, it has buried the social system; however, the Chinese society still maintained some of the characteristics of a social system in order to influence and regularize the behavior of the Chinese. In summary, the typical Chinese can be considered as a dual, closed, integrated, and stable society (Sharma, 2004; Peilin, 2012). The Effects of Religion in the Indian and Chinese Society In relation to religious beliefs, the Indian society also tolerates different religious sects du e to the wide array of different groups in India. The Indian society in terms of religion is considered as one of the Asian societies that allows a free competition among religious sects. Also, the Hindu religion believes in the model of promise in two forms. The first is the incarnation that can be improved by following the specific norms, and the second is the struggle for life that can only be ended through rebirth. Lastly, the Hindu religion believes in contemplation and salvation. In this manner, salvation can be achieved through the grace and forgiveness of the saviors who are alive. They believe of the soteriology or the act of salvation from the outside, which can be achieved through the forgiveness of faith (Marx Weber, as cited in Madan, 1979). In relation to the standard of living and employment, the Indian society practices the caste system, which is one of the core characteristics of the Hindu region. One of the bases of employment in the Indian society is a religion th at creates a line between the oppressed, the Dalits or the untouchables, and the rich. With the differences and the heterogeneous of the employees in India, there is a difficulty in organizing unions and parties for the variety of employees. Also, their jobs are often affected due to the fatalistic beliefs in destiny and other superstitious beliefs enveloping their religion (Prakashan, 2008). Similar to the Indian society, the Chinese society allows the freedom to choose one's religious preference. On the other hand, in Chinese society, religious beliefs do not prohibit or affect their employment as stated and implemented in their law. There are governmental sanctions and punishments that can be given to employers who use religion as a basis when hiring or

Deportation is not a good solution to reduce illegal immigrants issues Essay

Deportation is not a good solution to reduce illegal immigrants issues - Essay Example This deportation may be mostly done to illegal immigrants. Illegal immigrants are people who migrate to a certain place or country without following the right procedures or without formal certification of the migration. A country may deport illegal immigrants because of their unknown status to the security of the country. Reasons for such a person migrating may be several a fleeing criminal, or individuals fleeing from internal war in the country. If a person is a criminal then he/she migrates to a foreign country without formal accreditation and may pose as a security risk to that country. Deportation may be advantageous to the country, but it may also cause harm to the victims involved that is if the victim migrated his/her country because of political instability. Such victims may be seeking refuge in the current country, is deported then, he/she will lack place to go, and thus, he might be subjected to harsh environments. Rules of a given country give the rightful rights of depor ting immigrants living in the country with or without legal certification of staying in the country (Forsythe & Lawson 53). If a given country’s rules and regulations give authority of deporting the immigrants then, the immigrants have no luck of staying in the country. What is contained in this paper argues out that actually deportation is not a good solution to resolve illegal immigrants’ issues. ... ed by those individuals who have committed serious crimes, entered the country without legal certification, and overstayed their visa and,or they have lost their legal certification of staying in the country (Forsythe &Lawson53-54).External deportation is only done to those immigrants who have broken the rules of immigration. These rules govern the mode and way of migrating and additionally they give legal certification for staying in the given country. If these immigrants break the rules and enter the country without certification, they are deported back to their original countries. The second form of deportation is internal deportation, which occurs only in the country or state. This is whereby an individual is deported out of the state he/she does not belong to. For example, an individual can be deported from California back to his/her original state because he/she does not belong in California. In this form of deportation, the rules of the state are the ones facilitating this pro cess of deportation, but not the rules governing the whole country. Immigrants who migrate to the new place or state are subjected to deportation if they are there without legal certification of migration. This may also be referred to the country’s rules and regulation if need arises. Reasons for such deportation within a state is that an individual or a group of people may be acting as spies, helpers or undercover for the enemy and thus may bring harm to the state (Garcia 15). For example, the state of Georgia deported about 400 females who were workers at the mill industry. These female workers were deported on reasons that they were suspected to be northern sympathizers. This happened during the civil war. The governing body of Georgia had all the rightful rights to deport the

International & Regional Financial Regulators Research Paper

International & Regional Financial Regulators - Research Paper Example 12). The operations are put at a level playing field which ensures that banking institutions contribute an equal amount of capital. It also ensures that some set of standards are complied to. Different countries and economies are affiliated to different regional central banks and international financial regulatory institutions. Some operate at a lower cost while some at a higher cost. Depositors prefer regulatory institutions which offer services at a lower cost as compared to the ones which offer services at a higher cost. It is also evident on this extract that regulatory bodies experience a cascading effect on their financial systems depending on their policies. It can be seen that the regulatory institutions with stringent policies have their market share eroded (Quintyn & Taylor 2004, pg. 6). Financial regulation is a form of supervision, monitoring, or offering of guidelines that subject financial institutions or any other financial elements within a financial system to restriction in order to maintain the integrity of the financial system. Governments and regional financial institutions regulate financial elements for safety. Financial safety protects the depositors and share holders of all financial institutions within a financial system. Financial safety prevents financial insolvency which might in turn lead to an economic, political, banking and a social crisis. International and regional financial regulation has its own pros and cons. Regional financial regulations impose restrictions to member financial elements which in turn force them to comply with the expected standards of performance in order to achieve the set objectives (Quintyn & Taylor 2004, pg. 26). These standards at times affect the member elements negatively or positively. For instance, a regional central bank might issue orders to the member elements to sell bonds to their account holders or shareholders in an effort to regulate a looming