Controlling Managing Hiv/Aids In Prisons. Hiv/Aids Is

Controlling Managing HIV/AIDS in Prisons HIV/AIDS is a serious health threat for prison populations, and presents significant challenges for prison management to control. In prison populations around the world, the prevalence of HIV is often higher than that of the general population. In some cases, the prevalence of HIV infection in prisons is up to a hundred times higher than in the community. Even in countries with large heterosexual HIV epidemics, such as in Africa, studies have shown that rates of HIV infection in prisons are higher than outside of prisons (Avert, 2007). The prison population is at high risk for HIV infection, particularly through the sharing of contaminated needles and sexual activity. In a shocking study that was†¦show more content†¦Problems like these within the prison system are very difficult to overcome, and in doing so they may need to risk the vulnerability of admitting items that can be used by the inmates to harm each other. Sexual activity conducted between inmates in prisons Sexual activity in the prisons is a behavior conducted by the prisoners that is not uncommon even though they are forbidden under prison rules. Sexual activity in prisons varies from consensual to non-consensual. The problem here is that there are homosexuals that are having sexual relationships with each other and are risking the prevalence of transmitting the HIV if one is infected. In addition, prostitution and trading sex from drugs are also reasons that sexual activity is conducted between inmates. One of the most talked about reason for sexual activity between inmates is rape, prison rape in not only physically and psychologically damaging, but a formidable challenge for the correctional department to attempt to secure basic human rights within the correctional institutions. According to Struckman and Johnson, â€Å"In the Midwestern states in 2000, prisoner’s likeliness of experiencing some pressure or coerced sexual conduct while incarcerated was one- in –five.† Needle sharing The fact is that needle sharing is common inside of prison and outside of prison for individuals to inject drugs. In a study that was conducted by Stephens at el. (2006),Show MoreRelatedHealth Care Around The Globe1556 Words   |  7 Pagesmedical field are trained around the world as they visit medical schools internationally and serve out of the country. They have also been known to voluntarily provide aid to countries dealing with natural disasters. According to the text, â€Å"Cubans no longer suffer from diphtheria, rubella, polio, measles, and have the lowest AIDS rate in the Americas†¦Ã¢â‚¬  (Merino 2012, 87). There are other things discussed in the chapter, but these are the main high points covered. The Cost of Health Care   Ã‚  Ã‚   ThisRead MoreVulnerable Population Paper2555 Words   |  11 Pagescharacterize students, employees, patients in emergency rooms, and institutionalized persons. Vulnerability depends on context or circumstances. (Porter, 1996). A vulnerable population who one may not consider is prisoners. This paper will focus on the prison population, the description of prisoners, health and social problems, and community and nursing interventions. Ethical implications and current strategies to break the cycle of vulnerability will also be addressed. A Prisoner is defined as any individualRead MoreBackground Guide Of World Health Organization7133 Words   |  29 Pages Global Epidemic disease 1.Retrospect of the epidemic disease​​​​​​​ Case1 Aids​​​​​​​ 1.Aids 2.The cause of Aids and Aids’ human factor​ ​​ 3.The distributing of aids Suggestions for Further Research Relevant UN Action Case2Read MoreThe Prevention and Control Act2054 Words   |  9 Pagesadministration has not deviated from the Bush administration, even though the war remained a rhetorical convention with regard to the view of enforcing. Nevertheless, rebranding of the policy as harm-reduction strategy has been viewed as a step forward in managing drug abuse. Success of the war on drugs It is important to understand the drug control rhetoric, which is aimed at a drug-free society. Based on this analogy, it is believed that the war on drugs has not been successful since a democratic societyRead MoreThe Prohibition Of Marijuana Should Be Legal1948 Words   |  8 Pagesby science and it is time for our society to reassess based on our knowledge. Although many still view marijuana as a hazardous drug, it in fact has medical, economic and social benefits such as a lowering the cost of the war on drugs, reducing the prison population, generating tax revenue, and creating jobs. These are just a few of the many benefits that can come with the legalization of marijuana. As we learn more about marijuana and its effects we need to revisit our social, political and legalRead MoreBenetton Family8592 Words   |  35 Pagesseven to handle more than 30,000 incoming and outgoing boxes in a 16-hour work day in 1983. Having grown to a mature multinational company, Benetton needed expert managerial direction. Aldo Palmieri, from the Bank of Italy, became Benettons first managing director in 1982, and brought the company into an era of wide expansion, globalizing its capital base. Although Luciano Benetton was not initially receptive, leading Palmieri to leave in 1990, the company eventually adopted Palmieris vision afterRead MoreInternational Management67196 Words   |  269 Pages1 2 3 4 5 6 7 8 9 0 QDB/QDB 1 0 9 8 7 6 5 4 3 2 1 ISBN 978-0-07-811257-7 MHID 0-07-811257-5 Vice President Editor-in-Chief: Brent Gordon Vice President, EDP/Central Publishing Services: Kimberly Meriwether-David Editorial Director: Paul Ducham Managing Developmental Editor: Laura Hurst Spell Developmental Editor: Jane Beck Associate Marketing Manager: Jaime Halteman Project Manager: Erin Melloy Buyer: Kara Kudronowicz Design Coordinator: Margarite Reynolds Cover Designer: Studio Montage, St. LouisRead MoreEssay about A lcoholism and Drug Addiction17765 Words   |  72 PagesAlcoholism and Drug Addiction are indicative of the irresponsiblitiy and weakness of the character of the persons using these intoxicants. The relation between alcoholism and various aggressive and criminal acts is often confirmed by police records and prison statistics which indicate that in the present day there is a considerable increase in such alcoholic criminal episodes. Experience has shown that various preventive and punitive measures such as fine. Imprisonment or detention for drunkness and otherRead Moretransformational leaders in sports9224 Words   |  37 PagesDungy played three seasons in the NFL. Dungy has been involved in a wide variety of charitable organizations, including the Fellowship of Christian Athletes, Athletes in Action, Mentors for Life, Big Brothers Big Sisters, Boys Girls Clubs, the Prison Crusade Ministry, and All Pro Dad. He also works with Basket of Hope, the Black Coaches Association National Convention, Indiana Black Expo, the United Way of Central Indiana, and the American Diabetes Association. He retired from coaching in 2008Read MoreDeveloping Management Skills404131 Words   |  1617 PagesSally Yagan Editor in Chief: Eric Svendsen Acquisitions Editor: Kim Norbuta Editorial Project Manager: Claudia Fernandes Director of Marketing: Patrice Lumumba Jones Marketing Manager: Nikki Ayana Jones Senior Marketing Assistant: Ian Gold Senior Managing Editor: Judy Leale Senior Production Project Manager: Kelly Warsak Senior Operations Supervisor: Arnold Vila Operations Specialist: Ilene Kahn Senior Art Director: Janet Slowik Interior Design: Suzanne Duda and Michael Fruhbeis Permissions Project

Notes On Inerrancy And Inspiration Essay - 759 Words

Fedner Faustin MLA THEO 201 B01 Short Essay on Inerrancy and Inspiration Men, as worshipping creatures, are always looking for a supreme being to adore. They always are looking for the source of truth, and asking many questions regarding what they should believe because there are many sects out there which teach different doctrines, or even deny the deity of God and worship other gods. When it comes to the Holy Bible, people are digging further in the outside world to get some responses that are themselves found in the Bible. One of the questions that is asked the most is:  « Does the Bible really have Authority?  ». The Bible is the word of God. As it says in the Bible, the word of God is authoritative, inspired and inerrant. Authority in a general sense means the power to decide or to command, to impose one’s will to others. As far as the Bible is concerned, it is also authoritative in almost the same way. The authority of God can be seen in two angles; first, God has the authority over everything, he does whatever He wants. In Psalms 135:6, it says; â€Å"Whatever the LORD pleases, He does, in heaven and in earth, in the seas and in all deeps.† As it can be seen, everything that is written in the bible has accomplished or is being accomplished. What God says with is mouth His hands accomplish them. Second, the authority of his word is infallible; it cannot be broken. His words will stay forever. In John 10:35 (KJV), the last sentence says, â€Å"†¦and the scripture cannot be broken.†Show MoreRelatedThe Doctrine Of Biblical Inerrancy1076 Words   |  5 Pagesthe teachings of the Bible are dealt with questions about the authority and inerrancy of Scripture. It is becoming increa singly important that Christians understand and embrace the full inerrancy of Scripture. The theological implications dictate the contemporary church’s view of God himself. Also, there is rising arguments versus the inerrancy of Scripture found in postmodernism. Beyond an all-out attack on the inerrancy of the Bible by liberalism, even some Christians argue the notion that it isRead MoreBible Inerrancy3383 Words   |  14 Pages RESEARCH PAPER Inerrancy of Scripture: Authority by Inspiration THEO 525 LUO (spring 2012) Systematic Theology I Liberty Baptist Theological Seminary Jacqueline M. Jones (ID# 24515464) March 9, 2012 Thesis Statement The divine inspiration of Scripture guarantees its inerrancy and authority. Table of Contents [ No table of contents entries found. ] Introduction Introduction Under the doctrine of biblical inerrancy, in what sense is the Bible authoritative? This is a question that has plaguedRead MoreThe And Divine Nature Of The Bible1393 Words   |  6 Pagesâ€Å"Inspiration† is that work of the Holy Spirit in influencing the authors and compilers of scripture to produce writings which adequately reflect what God desired to communicate to us.† (Created for Community, 1998, p 166) This paper will examine the orthodox view on the human and divine nature of the Bible, the Holy Spirit’s role in the inspiration and illumination, and the ultimate goal of the Bible. This paper will also discuss the two arguments known as the inerrantist and infallibilist viewsRead MoreIntroduction. The Doctrine Of Scripture Is One Of The Most2439 Words   |  10 Pagesthe Scriptures come to be the authoritative â€Å"voice of God†? How can we be sure they are true? In this paper, I will address three major components of the doctrine of Scripture; Inspiration, Canon, and Inerrancy. Inspiration Erickson states â€Å"revelation is the communication of truth from God to humans, and inspiration relates more to the relaying of that truth from the first recipient of it to other persons.† It is my belief that the Holy Spirit worked within the original writers of the ScripturesRead MoreWhat were the factors that lead to the formation of the New Testament Canon? How valid are they today?1697 Words   |  7 Pages This brings me to the concept of inspiration. It seems impossible to look at the formation of the New Testament canon without considering inspiration at some point. Without going into too much detail it seems important to note that for Christians (to which the Bible is the foundation of their faith) it is considered divinely inspired. On a simple level, God is ultimately the author. So it begs the question that if there were so many problems and inerrancies in the formation of the New TestamentRead MoreChristianity And The Nature Of God1420 Words   |  6 Pages If one is to write about Christianity and the nature of God, one must have a foundation to rely upon. Both theology and our epistemological queries concerning God must be crafted from a source. Michael Bird in his Evangelical Theology notes that the prolegomena or things we say before saying anything about God must be predicated upon a critical source. This source is God’s Word and is revealed in multiple ways. If on e is to conduct a Credo or apologetic stance of his Christian faith, this personRead MoreAnalysis Of Dei Verbum, The Second Vatican Council s Dogmatic Constitution On Divine Revelation2186 Words   |  9 PagesGod expressed in Scripture and Tradition, is the basis of all Christian doctrine. The present constitution touches upon the age-old question of the relationship between Scripture and Tradition. It also clarifies teaching about the authenticity and inerrancy of Holy Scripture, in light of modern developments in exegesis and criticism. Thus DV is a synthesis of enormous significance: the text binds together loyalty to church tradition with the yes to critical science, and there by once again opens theRead MoreThe Emerging Church - Truth or Dare Essay3027 Words   |  13 Pagessignal that a new â€Å"church† is â€Å"emerging.†[2] Don Carson is quoted as saying â€Å"the emerging church movement (ECM) arose as a protest against the institutional church, modernism, and seeker-sensitive churches†¦It has encouraged evangelicals to take note of cultural trends and has emphasized authenticity among believers.†[3] The emerging church is a new movement—its belief system is developing, its relationship to the culture and its ministry focus is in process.[4] The emerging church disagrees withRead MoreEssay on The Charismatic Gifts3471 Words   |  14 Pagesclassic passage used in most discussions on the use of spiritual gifts is 1 Corinthians 12 - 14:40. In this passage, we can clearly see certain gifts that are characteristics of receiving the Holy Spirit. Concerning these gifts, it is important to note that certain terminology has shifted somewhat since the time of Paul’s writing. As it was mentioned in our introduction, history, past the point of the canonization of Scripture, has been relatively silent regarding the use of the spiritual gifts mentionedRead MoreLiberty University Bibl 323 John Module 6 Notes Essay9463 Words   |  38 Pagesobey what I command.’† 1. Greater works – erga – some apply this to contemporary miracle workers. This word when used in this gospel never refers to miracles unless those miracles were related to Jesus’ completing His messianic work. Note what is not said: a) Not greater miracles b) Not greater signs 2. Meizon – greater – not necessarily greater in quality but greater in quantity As such Jesus brought few individuals

Scott Eaton and His Sculpture Free Essays

Scott Eaton The artist of this paper’s five pieces of work are created and conceptualized by Scott Eaton. He is an artist and designer from the I-J and uses traditional art techniques with digital tools. What makes his work so fascinating is his knowledge of anatomy and clean use and mastery of the media. We will write a custom essay sample on Scott Eaton and His Sculpture or any similar topic only for you Order Now This piece is gorgeous and for it being a digital sculpt, you could hardly tell. The texturing is almost like real clay mimicking skin! It is to be acknowledged that this piece was created and rendered in only 2 days. â€Å"The digital sculpture was executed to a very tight schedule, going from start to final rendered image in two days! (Eaton ). – Something to note is that in digital media there is no gravity or real light, meaning he created his own glass, lit it himself and made the glass reflective. This was a speculative piece for the most recent Pirates movie during the preproduction phase of development. Work like this is great for establishing a baseline of what a film or game will look like. There are hundreds of people which work on huge productions now a days and they need to find ways of keeping everyone’s mind in the same kind of groove, making this a fine example of that taking place. The second piece is named female figure study IV, I love the neutral heavy color alter. With the presence off bit of yellow and a dark shade of blue all under this brownish grunge the piece gets a very earthy look to it. While squinting you can see that the silhouette is successful as well as the proportions and gesture is on point. All the shadows and highlights are in the right place and the flesh would feel real. The weight of the breasts and the soft dangle of the hair makes the piece soft and sensual. Take a look at the midsection right under the (stage)right arm, the shadow shows careful observation and great knowledge of how light works. It is safe to live that Scott Eaton is a consultant on anatomy and teaches advanced classes online. If you want to know your figure you got to know Scott Eaton. If you still aren’t impressed take a look at some of these studies he has made. The accuracy of each muscle and how the skin behaves over each muscle is truly a marvel. The man has clearly been practicing and has studied his anatomy. Scott Eaton attended Princeton University as an undergraduate majoring in both engineering and art. These two majors make a fine mix of artist and designer and later got his masters at MIT Media Lab. He would later continue his art studies at the Florence Academy of Art in Florence, Italy. † (Eaton 1). His work shows his Italian influence. The figures he sculpts carry have a classical renaissance feel to them. As you can see in the in the photo above the man has a great understanding of anatomy as well as has a very well tuned process. Process and evidence of process is just as important as your final piece. This is simply because as an artist you are being hired for a skill for which you will be asked use. Many people can make an amazing sculpture with time and patience, but what really sells is your ability to create and rate quickly and consistently with great results. Showing process whether it be on a blob or document will give everyone a peak into your work ethic and efficiency. In short it shows if you know what you are doing or Just happened to get lucky. Here is an example of Scoots process for his most recent design work for design festival in London. † The Venus of Cupertino, my pad docking station, is Just back from a busy week at the London Design Festival. † This piece is relevant to what was being done in class with the silicon mold and such being used. It’s also a great simple and fun design. The appealing softer shapes and edges as well as smooth color and finish makes this successful. A quote was used on Scoots website, â€Å"A stylish docking station for syncing, charging and display. An evocative blend of ancient fertility symbolism and modern technology worship. I want one! † (Eaton 1). The quote really says it all, this piece is an example of how multivalent this man is who’s knowledge of art history, skill with a sculpt, and a mind of a designer can create things everyone can enjoy. This is Hyphenates II, if you rant familiar with Greek mythology this mythological man was the black smith for the gods. He is described as being ugly but Zeus arranged is marriage with Aphrodite who is the goddess of love, pleasure, and beauty. DRAMA, the poor guy had no chance and she would run off with different gods leaving him lonely and enraged. This sculpted shows great emotion and mood. A workers body with strong hands and a worn face. The details in the face are believable and the â€Å"meat† around the arms have weight and almost reveal a saggy inflexed arm which is impeccable observation. The single light source creates the drama and a peek into the soul of this poor ugly blacksmith. Works Cited Eaton, Scott. â€Å"Scott Eaton. † Catenation. Eaton Media Ltd, n. D. Web. 24 Feb.. 2013. How to cite Scott Eaton and His Sculpture, Papers

Banking Regulation in United Arab Emirates -Myassignmenthlep.com

Question: Disucss about the Banking Regulation in United Arab Emirates Along With the Effectiveness of Such Regulations Especially In Times of Financial Crisis and Other Financial Breakdowns. Answer: Introduction Banking regulations are of prime importance and are adopted by all commercial and private banks in order to maintain the financial stability in the banks along with the financial stability of the economy. The government of a particular country uses the banks as a tool for regulating the flow of money in and out of a particular economy. This study aims to focus on the banking regulation in United Arab Emirates along with the effectiveness of such regulations especially in times of financial crisis and other financial breakdowns. The principal regulatory and governmental policies that control the banking sector in the United Arab Emirates are the UAE Federal Law No. 10 of 1980 that essentially concerns the Central Bank; the Organization of Banking and the Monetary System. The UAE Federal Law No. 18, 1993; UAE Federal Law No.6, 1985 that is concerned with the Islamic Banks also control the banking sector; investment companies and financial establishments in UAE and the various notices, circulars and resolutions that are issued by the governors of the UAE Central Bank also take a part in controlling the banking sector. The primary logic behind the origination of the banking regulations arises from the microeconomic concerns affecting the customers or the depositors who always feel the need to monitor and look after the risks that come up with the stability of the banks in case of a financial crisis. The banking sector also has been controlled by the statutory and regulatory provisions, that are popularly known as informal regulations. The regulatory provisions revolve around the restrictions imposed on new entries and branching; pricing restrictions; regulation on the linkage of ownership among the financial institutions; regulation regarding mergers and other associated regulations. In the recent times, banking regulation has shifted from structural regulation to modes of regulation that are more market oriented. As a result of this, competition has become widespread in relation to the responsibility of the bank regarding credit allocation and the improvement of financial services. History of the banking regulations in UAE The Banking Law in UAE has been established by the United Arab Emirates Central Bank and constitutes of the provisions in details that clearly defines the role of the Central Bank. The Central Bank, along with the role of establishing the framework for banking regulations, carries out the responsibilities of issuance of currency, promoting, organizing and monitoring the process of banking as a whole and also acts as banks for the commercial banks in UAE. The Banking Law however, is not applicable in case of institutions of public credit; governmental investment institutions and development funds; insurance companies and agencies. The commercial code that governs the banks contains the provisions that provide a description on the details of banking like the provisions in relation to bank accounts, credit documentary, bills of exchange, promissory notes and other related components (Al-Tamimi et al., 2016). The Islamic Banking Law essentially constitutes of the regulations and provisions in relation to the establishment of the Islamic Banks. The Islamic Banking Law also controls the operational proceedings of the Islamic banks. The Banking Law also controls the Islamic banks to some extent. The various regulations, circulars and notices that are issued by the UAE Central Bank control the several aspects of banking like the maintenance of the capital reserve ratios of the bank, capital adequacy norms and also reporting of the money laundering and other incidents to the UAE Central Bank. Rationale for Banking Regulation In the early part of 1970, the financial systems in the world was featured by significant regulatory restrictions, like controls that were imposed on the quantity of credit and on interest rates, market access restrictions and in some rare cases, controls on the finance allocation amongst alternative borrowers. These regulations or restrictions automatically met some of the objectives established by the policies. Direct controls had been utilized in many countries to distribute finance to selected industries; interest rates were controlled in order to keep low the cost of credit, often leading to credit rationing (Abedifar et al., 2015). The Basel Committee, in June 2004, issued a revised framework on Banking Supervision and named it Basel 2 for the purpose of measurement of capital adequacy and also for the purpose of identification of new minimum capital requirements for banks. The newly computed framework encouraged the banks to establish their very own formal risk-management systems so that they were able to calculate in a much more sophisticated and simple way their requirements for capital in minimal amounts, with the presence of oversight by the supervisor present in the endorsement of the system adequacy. The proposals published the Committee, was implemented by the end of 2006 and included two more regulations in relation to the banking regulations that father improved the process and computation of the minimum adequate capital required by the banks. The second regulation that was introduced, involved, a continuous interaction between banks and their supervisor for the purpose of following and accommodating the he evolution that the business practices were going through. The third regulation or the third pillar constituted of norms that were aimed at improving information flow to the public regarding the financial conditions of the banks, so that the risks faced by the banks could be mitigated, by the establishment of the market controls (Trabelsi Fadhel, 2016). The most crucial rationale for regulation in banking is concerned with the regulations subjected to the issues over the stability and the safety of the financial sector as a whole, financial institutions and the payments system. Mandatory deposit insurance schemes have been introduced so that the banks do not run out of money. The further vulnerability of the banks to becoming exposed are controlled by the capital adequacy norms and restrictions regarding requirements imposed by Basel as discussed earlier in this study. While the Central bank is the principal regulatory authority of banks and financial institutions in the UAE, such entities are also subject to additional registration and licensing requirements at the federal and emirate levels (Iqbal Molyneux, 2016). The primary requirements of banking regulation are: Capital requirement the capital required by the banks revolve around the framework as to how the banks mange their assets. Reserve requirement this particular norm secures the banks from running out of their liquidity risk. Corporate governance this lays down the rules regarding the well governance and maintenance of the banks. Financial reporting this particular norm aims at providing a clear view of the financial conditions of the bank in relation to the investors in the market. Credit rating requirement this lays down the rules regarding the requirements that the banks need to maintain in relation to the terms of credit. Government Safety net Establishment of the financial safety nets is of huge importance to governmental agencies for the purpose of mitigating events like loss of liquidity or the risk of the bank running insolvent that engage huge sums in relation to the costs to the banks themselves, the government and to the customers. Failure or insolvency of banks lead to destruction of the information capital of the banks as a result of the barrier or obstacle in the path of mutual trust between the bank and its customers that ultimately led to the reduction in investment and other economic activities. The potential customers or the depositors that deposit their sums in the bank suffer loss heavily as a reason for the failure of the banks and the government too spends a lot in saving the banks from the crisis that they go through. Therefore, one solution to such a problem is the deposit insurance schemes. These are one of the essential sector of the safety nets, established with the sole objective of improving financ ial stability and saving small investors from the financial loss that they incur in the case of a troubled or failing bank. The deposit insurance schemes provide guarantee against the deposits and thus, save the banks from running insolvent. The deposit insurance schemes encourage the respective banks to invest in projects that have a high risk and also feature a high return. Therefore, the government safety net of deposit insurance scheme may be improved by adopting the following design features: By restricting the coverage area of protection Exclusion of particular types of deposits Establishment of the limiting amount of deposits on the basis of the depositor and not on the basis of deposit. This is done to increase the coverage area of the deposits as and when required. Introduction of coinsurance Improvement of the scope of return to the shareholders, thus, limiting their risks Improvement of the regulatory discipline The need for financial safety net arrangements in the Islamic Financial Services Industry (IFSI) was given due importance in April 2010. A related report was published. This particular report did investigate and identify eight building blocks and targeted the further strengthening of the Islamic financial infrastructure both at the national and international levels to promote a resilient and efficient Islamic financial system. The report also lead to an insight into the mechanism of the safety net in regards to the financial conditions of the banks, as to how to make them stronger. These, along with finer vigilance by the supervising body, operational actions by the crucial components of the safety net make the Islamic banks resilient and give them the required resources for backing up their strength in case of a financial crisis or shock. However, there are certain problems that are created by the establishment of the government safety nets. These are that the depositors who are protected get no reward or incentive for monitoring the behavior of the respective banks. Moreover, this information allow the banks to take on more risks than they normally would involve. The government also creates more moral hazards in the course of protecting its depositors. Some of the banks in the market are too large to fail. The managers of such institutions have the idea that if they fail, then in all probabilities the government will have to bail them out, thus, limiting the market discipline (Hassan, 2014). Theory of bank crises In the modern day, the banks play an important role as a medium for the purpose of payment. On one hand, they utilize the depositors as their private liabilities and on the other hand the depositors are public goods. In order to gain the trust of the depositors, the government, provided guarantee for their deposits either explicitly or implicitly via deposit insurance systems as discussed in this particular study earlier (Song Oosthuizen, 2014). Banking crises generally occur when financial systems loose liquidity or become insolvent. This type of crisis particularly relates to fusions, closures, acquisitions or assistance on a large-scale from the government. In order to solve this problem, the monetarists are of the suggestion that an increase in the amount of money that is circulated within the financial sector, and thus leads to the inflation of the economy in order to counter the monetary reduction (Ueda Di Mauro, 2013). According to the financial experts and the monetarists, the failures of the banks were the result of their state of panic. Another important reason stated for the banking crises is that the gap developed between the supply of credit and money supply led to budgetary deficit that ultimately led to the crisis (Hassan, Aliyu Brodmann, 2017). According to the report provided by the World Bank, at least 70 banking crises took place in the year of 1980 all through the developing and the developed nations. The impact of such crises especially those that were quantitative in nature were equal or in excess to the major banking crises suffered by the US. The factors that are in general associated with a banking crisis are factors such as macroeconomic shocks that influence inflation, capital flows or interest rates; supervising policies that overlook the banks that is the banking regulations are deficient in nature in terms of the standards maintaining the capital and restrictions on the internal proceedings of the banks. Other major factors that are associated with the banking crises are the reluctance on the part of the owners to shut down financial institutions that have already run or are facing the risk of running insolvent. Even poor decisions taken by the government in relation to credit decisions and the efficient management of risk associated with credit also pave the way for banking crises. Finally, some monetarists proposed the idea that the development of a regulation which would essentially predetermine the growth of the monetary supply and would ensure monetary stability and economic growth (Brewer Jagtiani, 2013). Thus, the theory of banking crises fundamentally proposes that a sharp deterioration in the economic and financial indicators that has resulted from an imbalance between the demand and supply of money, fall in the turnover of the assets other associated events result in a financial crisis or a banking crisis. A banking crisis generally occurs due to the financial fragility in the economy. This refers to the fact that there are financial shocks in the economy which affect the profitability of the different industrial sectors in the economy. The banking crisis that have impacted the economy have always divided the economy into five respective phases that are the replacement of the business cycle, euphoria, climax and panic. The experts are of the opinion that a particular banking crisis begins with the replacement phase that implies the increase in the profitability of at least one industrial sector in the economy. This will result in increased investment in this particular sector of the economy. This will lead the economy to the euphoric phase of the economy, that has been mentioned in the discussion earlier. This economical state will result in triggering the banks to extend credit, as a result of expectation of higher profits from this particular sector. The increasing trend of investmen t in this particular sector will result in a boost in the price that will create more opportunities for profit. This phase is termed as the climax phase. This is the point where the artificial prices increase and the investors earn a maximum profit. A small price variation at this level will very efficiently result in a huge increase in interest rates that will surely lead to the phase of panic. This is this stage, that the economic activity slows down and the bankruptcies and increased rates of unemployment surfaces. The probable reasons for the banking crisis are rise in the rates of interests; decrease in the property market; increase of uncertainty; panicking by the banks and the un-estimated drop in the aggregate price level. The theory of banking crisis does explain the causes for the banking crisis but chalks out no explanation for the process of development of such a crisis or potential signs of such a crisis. Another point to be noted, in relation to the banking crisis is t hat the failure of the government policy or the role of government is not taken into consideration in case of such a theory. Systemically Important Financial Institutions (SIFI) Before understanding the systemically important financial institutions, one should conceptualize the meaning of systemic risks. Systemic risks refer to those risks that result in the breakdown or collapse of an entire financial system or the economy as a whole. The systemic risk was the major reason that led to the financial crisis of 2008 (Brewer Jagtiani, 2013). The systemically important financial institutions refer to the financial institutions whose disorderly failure on account of their size, systemic interconnectedness and complexity of the organization would result in significant disruption to the financial system and the economic activities on a broader sense (Reinhart Rogoff, 2013). The objective of a particular SIFI framework is majorly concerned with the systemic risks and the problems associated with the moral hazard that are faced by the financial institutions that are too big to fail. In order to reduce the rate of failure of the SIFIs a particular framework policy has been established that lists down the particular measures that make these institutions financially strong. Some of these objectives are as follows: Adequate requirements should be there for absorbing the loss related to the global financial system. An effective and intensive supervision including stronger resources and powers, efficient internal controls and enhanced risk data aggregation capability make the SIFIs financially strong. Establishment of a world-wide standard that lays down the instruments and responsibilities that will enable the SIFIs to mitigate the losses incurred due to banking crisis. An assessment of the resolvability process that is based upon the competitor firms. Strengthening of the infrastructure of the core market is another policy that is aimed at strengthening the financial structure of the SIFIs (Al-Tamimi, Warsame Duqi, 2016). Why SIFIs are important in UAE? SIFIs are important in UAE because the Central Bank of the United Arab Emirates had taken the initiatives to host the meeting with the financial stability board in order to restructure and reform the effect of the SIFIs in UAE. The members of the meeting discussed the regulatory reforms and their respective impacts along with its vulnerabilities and issues related to the financial stability of the SIFIs. The Middle East has been hugely affected by the financial crisis in 2008 (Kaserer Klein, 2016). The measures that were developed by the Financial Stability Board aimed at potentially decreasing the impact and probability of the failure of the systemically important financial institutions by the facility of providing additional capital requirements. The measures were also aimed at recovery of the affected SIFIs. Lastly, the reduction of the contagion risks with the financial markets were also one of the major objectives with which the measures were established. However, financial experts argue that the financial regulations, instead of identifying the financial institutions that are too big to fail, identify those that are just large and do not imminently face the risk of failing. This had been a serious issue and called for the Basel Committee for taking the initiative for the identification of factors that are essential for the assessment of whether a financial institution is systemically important or not. Such factors may be the size, complexity, interconnectedness and the lack of already available substitutes in relation to the financial infrastructure and global activity. The development of the banks that have occupied a major portion of the banking industry has to be strictly monitored and regulated by a supervising authority in order to improve and maintain the financial stability of the banks (Burnside, Eichenbaum Rebelo, 2016). Conclusion Therefore, as it can be concluded from the above discussion, the importance of the establishment of the banking regulations has been of huge importance both from the perspective of the economy and that of the society. Banking regulations that have been imposed, are primarily aimed towards the protection of the investment by the public and other informal investors. The effectiveness of the banking regulations lies in the economical indicators that display the health of the economy in terms of the credit rating and the liquidity of the banks. The theory of the banking crises also revolves around the fact that the occurrence of the five phases result in the generation of systemically important financial institutions. The systemically important financial institutions or the SIFIs if facing financial crisis, then the failure of such banks may affect the entire economy drastically. Thus, the regulation of such institutions are of major importance and should be regulated on the basis of the standards established by the Basel Committee. The Financial Stability Board has been another major regulating body that has primarily established the measures for regulating the SIFIs. The SIFIs in UAE have been regulated on the basis of the report that has been published by the Financial Stability Board. Therefore, the banking sector in UAE have been well regulated and monitored by the banking regulations and the regulating bodies like the Basel Committee and the Financial Stability Board. References Abedifar, P., Ebrahim, S. M., Molyneux, P., Tarazi, A. (2015). Islamic banking and finance: recent empirical literature and directions for future research. Journal of Economic Surveys, 29(4), 637-670. Al-Tamimi, H. A. H., Warsame, M. H., Duqi, A. (2016). Readiness of the UAE banks for the implementation of Basel III. 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