It Is More Important to Work at a Job That You Enjoy Than It Is to Earn a Lot of Money free essay sample

Earning a lot of money is more important than enjoying job in present-day world. According to my observations, people can obtain more achievements if they gain more money. Meeting financial needs, doing more enjoyable activities such as traveling or doing charity work is only possible when you earn more money. On the contrary, enjoying job without sufficient income can give you only enjoyment, nothing else. First of all, providing economic necessities is the most crucial condition of living today. If you can not meet your family’s and children’s needs then what is the use of enjoying the job? In fact, I have a friend who works at National Academy of Sciences and his salary is very low. Although he enjoys his job to research or to investigate scientific materials, he is not happy in family life because of economic circumstance. Hence, it is a fact that money is more important at work rather than enjoyment. We will write a custom essay sample on It Is More Important to Work at a Job That You Enjoy Than It Is to Earn a Lot of Money? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Another advantage of high income job is that people are able to travel during breaks. If you do not have enough money you will wait for starting job again instead of recess or travelling. It is clear that traveling is one of the best enjoyments in our lives. So, when you earn more money you can supplement more enjoyable things to your life including traveling. Moreover you can make good living conditions when your salary is higher. We can see that it is so hard to live without house and car in today’s world. To attain these equipments is also only possible when your income is high. Final point is that people can do charity work when they earn a lot of money. I believe that everyone would like to do philanthropic actions or subsidize needy people. There are numerous poor families and disabled or handicapped children that are waiting for help. I am sure that so many people want to render financial aid to those humans. However, it is only possible when you earn a lot of money or when you are a wealthy man. On the contrary with lower income you can neither meet your needs nor others. Hence, some people argue that money is not important, but I believe that money is the solution to many problems. If you earn more money at work you will be able to meet your family’s needs, in some aspect even you will be a reputable person. What is more, by earning more money you can enjoy life by traveling, making good living conditions and can do philanthropic actions as well.

Commentary on Bartleby the scrivner Essay Example For Students

Commentary on Bartleby the scrivner Essay Commentary on Bartleby, the Scrivener: The character of thenarrator might be identified as a rather self-centered man who would ratherprefer not to undergo a confrontation with any of his employees. This isevident in his decriptions of the employees and his so-called good intentionswhen he sets himself as a tolerant, conducive man. It is obvious that hisintentions and actions are only for his own self interest and his wanting to bethought of as helping those who are not as fortunate as he. -=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-* Copyright DueNow.com Inc. *Category:Book ReportsPaper Title:Commentary on Bartleby, the ScrivenerText:The character of the narrator might be identified as a rather self-centeredman who would rather prefer not to undergo a confrontation with any of hisemployees. This is evident in his decriptions of the employees and his so-calledgood intentions when he sets himself as a tolerant, conducive man. It is obviousthat his intent ions and actions are only for his own self interest and hiswanting to be thought of as helping those who are not as fortunate as he. Allalong what he hopes to achieve with his charity is to help sooth his own visionby improving the physical state of others. His avoidance of confrontation isquite evident when he actually moves out of his office instead of havingBartleby physically removed by the authorities. His character is tested withBartlebys passive-aggressive attitude though I can not agree totally that he issoftened by his acquaintance with Bartleby because in some regardshe was already soft. Bartleby is definetly cut from a stronger cloth although hecertainly has his own mode of communication. He does not give into the WallStreet hardness and does not do anything that does not suit him. He takes lifefor what it is worthnothing more and nothing less. Even though he literallydoes not ask for anything, he sends his message loud and clear: I will do what Ifeel necessary to survive and everything else, I would prefer notto. It is somewhat comical that in the strong corporate atmosphere of thebusiness world, you have a boss that would prefer to no sooner pack it up andget away from an employee than to have to deal with him. All in all, thenarrator is not cold and does end up with a conscience which is evident by hischecking on Bartleby both at the old office and the jail. I think Barltebychallenged him in a way that he had never been challenged before and quitehonestly he did not know exactly what to do with him. Jamie FinkelmanI find the relationship between the author and Bartleby to be a very strange,unrealistic one, at least in todays society. Bartleby, an employee of theauthor, is under the command of the author, and is getting paid to do what theauthor says to do. Although Bartleby is very polite and unconfrontational whenrefusing to do a job the author requests, Bartleby IS refusing. If hes notdoing what his boss says as pertaining to his job, he shoul dnt get paid. Thejob is not getting done. If there was a situation like this that happened todayin most any workplace, I would think that the uncompliant employee would beterminated from his/her position that day. The author however, just allowsBartleby to act in whatever way he chooses even when Bartleby is doingabsolutely no work whatsoever. An employer today would view this behavior as adamage to his wallet and would therefore waste no time firing the employee. I,personally, would have fired Bartleby because he would not even give a reason asto why he would not do anything. .uce46c036b79bbc4df001a88113bf0fa1 , .uce46c036b79bbc4df001a88113bf0fa1 .postImageUrl , .uce46c036b79bbc4df001a88113bf0fa1 .centered-text-area { min-height: 80px; position: relative; } .uce46c036b79bbc4df001a88113bf0fa1 , .uce46c036b79bbc4df001a88113bf0fa1:hover , .uce46c036b79bbc4df001a88113bf0fa1:visited , .uce46c036b79bbc4df001a88113bf0fa1:active { border:0!important; } .uce46c036b79bbc4df001a88113bf0fa1 .clearfix:after { content: ""; display: table; clear: both; } .uce46c036b79bbc4df001a88113bf0fa1 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uce46c036b79bbc4df001a88113bf0fa1:active , .uce46c036b79bbc4df001a88113bf0fa1:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uce46c036b79bbc4df001a88113bf0fa1 .centered-text-area { width: 100%; position: relative ; } .uce46c036b79bbc4df001a88113bf0fa1 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uce46c036b79bbc4df001a88113bf0fa1 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uce46c036b79bbc4df001a88113bf0fa1 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uce46c036b79bbc4df001a88113bf0fa1:hover .ctaButton { background-color: #34495E!important; } .uce46c036b79bbc4df001a88113bf0fa1 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uce46c036b79bbc4df001a88113bf0fa1 .uce46c036b79bbc4df001a88113bf0fa1-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uce46c036b79bbc4df001a88113bf0fa1:after { content: ""; display: block; clear: both; } READ: Monte Python Compare Scenes To Real Life. Essay Jennifer, I think the strange relationship betweenBartleby and the employer is supposed to seemunrealistic. it makes the reader, especially modernones, think exactly the way you did in your post. Thefact that employers would not or should not put up withthis kind of insubordination is exactly true. It makesyou wonder what is it about Bartleby that makes theemployer sympathetic to his needs. The boss seems tounderstand that there is something intrinsically wrongwith Bartleby, an underlying sadness that he cannotdetermine the cause of, and I think he cares for him agreat deal and also pities him as well. This is why hedoes not fire him or take extreme measures until heabsolutely has to. Jen, I see what you mean about Bartlebys relationship with the author.

University of Illinois Admission Essay Help

University of Illinois Admission Essay Help Essay Prompts Admission Essay requirements Explain your interest in the major you selected. Describe an experience  related   to   this   area   of   study,   what   first   introduced   you   to   this   field,  and/or   your   future   career   goals.   If   youre   applying   to   the   Division   of  General Studies,   explain   your academic interests and   strengths or your  future career goals. You may include any majors or areas of study youre  currently considering. Limit your response to 300 to 400 words. Admission essay / personal statement essay prompts The essay part of the application is important because it gives us more  insight into who you are and who you want to be.  Take   time   to   think   about   and   brainstorm   your   message.   Create   an  outline, write a good first draft, and edit multiple times.Instead   of   making   broad   statements   about   what   you   want   to   do,   give  specific   examples   from   high   school   or   extracurricular   activities.   And  don’t be afraid to add your personal style and voice to your writing! Its not necessary for you to repeat information that’s already elsewhere  in   your   application.   Stay   focused   on   explaining   how   those   credentials  and qualifications will lead to a successful future here.  Submitting   a   sloppy ­looking   essay   with   spelling   errors   and   glaring  mistakes   sends   us   the   message   that you’re   not   serious   about   Illinois.  Proofread your essays and ask your counselor, your English teacher, or a  parent to take a second look. Office of Admissions Contacts Fax: 217 ­244 ­4614 LinkedIn University Ranking for Accounting ProfessionalsUndergraduate #9 for Accounting ProfessionalsGraduate #9 for Software Developers at StartupsGraduate #9 for Software DevelopersUndergraduate #12 for Software Developers at StartupsUndergraduate #14 for DesignersGraduate #18 for Software DevelopersGraduate #20 Alumni statistics Where they live Greater Chicago Area   91,056 Urbana-Champaign, Illinois Area   28,331 San Francisco Bay Area   10,359 Greater New York City Area   7,411 Greater St. Louis Area   5,938 Where they work Caterpillar Inc.   917 Deloitte   710 Intel Corporation   704 Google   695 Microsoft   683 What they do Education   25,837 Engineering   24,774 Research   18,301 Sales   15,596 Operations   15,476 Entrepreneurship   14,097 Information Technology   12,025 Finance   11,798 What they studied Computer Science   11,437 Finance, General   11,362 Economics   11,301 Psychology   11,202 Electrical and Electronics Engineering   10,141 Accounting   9,339 Business Administration and Management, General   8,789 Mechanical Engineering   8,038 What they’re skilled at Microsoft Office   46,559 Leadership   40,711 Public Speaking   38,669 Research   37,875 Management   36,335 Microsoft Excel   34,845 Customer Service   32,185 Project Management -28,790 Adam Lashinsky Asst. Managing Editor, Fortune Magazine contributor at Fox News Channel Reporter The Nikkei Weekly at Nikkei Silicon Valley columnist at San Jose Mercury News B.A., history and political science  1985 – 1989 [grid w=full][writers]

Nissan Micra Essay Example

Nissan Micra Essay Example Nissan Micra Essay Nissan Micra Essay When advertisers are making adverts they have to try and make their advert stand out and make people look at it or read it with the key aim of selling their product in mind. Advertisers have to look at three main parts to an advert, the layout and colours being used, which graphics to use and how to make them look good and the copy content.  Many techniques are used by advertisers trying to influence us to be interested in, and to hopefully buy, the product they are marketing. In order to create a demand for their product advertisers not only use the straightforward selling points of showing the features and benefits of their product, they also use imagery and suggestion to link their product to an ideal that others want to be a part of. Different methods are used to try and draw us in to an advert and to then make us want to buy the product. I will look at these different methods and techniques used in a range of advertisements and show how advertisers seek to influence us in these. All of the adverts that I am going to look at are of the same product, cars, but are not all aimed at the same target audience. One of the reasons for choosing adverts on cars is that car companies are very rich so should spend a fair amount of money on making adverts and employing top people to make them. Because of this I think that my selected adverts will be of high quality and are probably some of the best examples of how advertisers seek to influence us in different ways. I think this is a very clever advert. This advert could just show its own product and say how it is better than the BMW but it shows the BMW as well. The BMW is placed to the left of the MG so naturally you will see that first. Seeing a BMW on a MG advert causes confusion to anyone who knows anything about cars and draws you into the advert to see what is going on. This is also partly because of the bold statement so much for the ultimate driving machine which is placed above the BMW and where your eye will be drawn to it.  The advert is quite daring challenging the ultimate driving machine because that is the slogan which BMW uses in its adverts. The two cars are also on a race-track and the MG is positioned ahead of the BMW. The MG is also shown on a more exciting angle and is well lit making the car look better and making it stand out more. The BMW is made to look dull and boring in comparison. This advert is very confident about its product especially as it is taking on the BMW which is known as a good, expensive car and also, being German, it is renowned for its quality. What also shows their confidence is that they have a website, mgbeatsbmw.co.uk. In the copy at the bottom of the advert it tells you that it was an independent research company who carried the survey which would suggest that it was fair. They are also being quite cocky in what they say especially Presumably, this now makes a certain other car the penultimate driving machine. In the bottom right hand corner of the advert, the last place you will look before turning the page, it has the company logo just to remind you. This advert is very daring and challenging. It is targeted at people who would consider buying a BMW and who want to have the best. This is a double page advert. This advert is very bright and vibrant which is this advertisers way of catching your eye. This advert is putting forwards the quality, looks and desirability of the car and also the performance. In the text at the top left it uses the word cutting edge when talking about the new engine which is basically telling you that you cant get any better and it then says beauty is not enough which suggests that, yes their car is beautiful and has great looks but it also has a lot more. On the right hand side of the advert it has three pictures of impressive parts of the car with a little bit of text telling you about each, emphasising design and performance. The setting is up in the clouds with a slightly blurred background, suggesting speed and flight and also making the car itself stand out. The car has light directed onto the front, near corner of it making it look really good. The largest text in the centre of the advert says start living your dreams. This fits in with the setting, in clouds, which gives it the image of a dream car. The advertiser is suggesting that with their new car, it is now possible to live your dreams. This advert again has the company logo and the name of the car in the bottom right corner, the last place you will look when turning a page just to remind you. This advert is quite inviting to look at not only because of the brightness but also because of the lack of text which can sometimes be off-putting. Another interesting thing about this advert is that it says no price for the car. This would mean that it is aimed at people with money to spend, wanting a classy car but also I think that if people go to look at the car then they will be expecting it to be quite pricey because of the image that is given by it. VW Touran This advert is aimed at people who need a car for space, practicality and versatility. The advert is very simple, there are no statements and no text on the actual main body of the advert, only underneath which is not read until you have looked at the picture. The graphics are simple, clean and practical, they want the picture to speak for itself. The background is linear almost like graph paper emphasising measurement and size. At first glance the message is to the point, a car with space and practicality. However, the use of chairs inside the car links with the copy underneath up to 39 seats' and over five hundred seating combinations to make it more thought provoking. The copy explains the flexibility of the seating arrangements saying there is room for children, friends, family and anything else you need to carry. This gives the impression that the car can hold anything and anyone in any different combination. The advert is simple and factual but has a twist in the picture/message to draw interest.  This is aimed at people who want a low cost small car, possibly younger people. In this advert the advertisers are emphasising the 1 years free insurance and credit terms as they are in bold, lit up and are in the top left corner where you will look and read first. The car is lit up in specific places, headlights and front grill, to be shown as friendly, looking almost like a face. And where it says friendly headlights in the text below helps to imply this. I think the use of wind turbines in the background give an implied message of the car being environmentally friendly, cost efficient and having futuristic technology. The smaller text below the car gives information about safety features, highlighting them using capitals, and uses a futuristic language. The text also uses the words friendly and fun which would maybe appeal more to younger people but also states its safeness at the same time.  All of the adverts are aimed at specific target audiences and give or use different messages to appeal to their target audience. All of the adverts focus on only a few main features to try and keep the advert simple yet effective. They all also have the same basic layout with the large graphic, a bold statement, smaller copy giving information and the company logo in the bottom right corner.

Causes of Prejudice Research Paper Example | Topics and Well Written Essays - 1500 words

Causes of Prejudice - Research Paper Example The second article by C.P Ellis sounds like an autobiography. He vividly recalls many mishaps in his life that formed the basis of his prejudiced personality. The many difficulties he encountered in his life anchored with peer influence made him develop a strong sense of prejudice, especially to the African Americans. However, this ended after he came back to his senses and realized that no race is better than the other is. Malcolm X, the author of the third article focuses on how our own individual behaviors’ influences our levels of prejudice. His strong desire to achieve without looking behind is well reflected in the third article entitled learning to read. His great interest to develop learning skills as an inmate, made him made him rise to be to be one of the greatest historians of all times. His unique personality made him an all-around individual with no any racial bias to all groups in the society and motivates him to foster for the same. There are three important cau ses of prejudice, they are levels of prejudice, self-justification, and personality. Prejudice, like cultural values, is learned through the socialization process. Many prejudices are passed along from the parents to their children. The media, such as advertising, television, as well as films, also take part in perpetuating negative depictions. This can take the form of stereotypes as well as demeaning images of assorted groups, such as gays and lesbians, ethnic minorities, the elderly, women, and the disabled. No child is born with prejudice. They learn core values and beliefs from their parents, other family members, the media, peers, teachers, and others around them. In short, children acquire prejudiced attitudes through the socialization process. Much prejudice socialization takes place outside their home.  In conclusion, prejudice is an undesirable manifestation of the power of integration. Prejudice sets people apart. Prejudice has several causes, most of which can be dealt with. Ironically, even prejudice can imply some sort of relationship. If such relatio nship did not exist among people, they would be totally unaware of the other group's existence. Where there is any form of, even a negative one, there exists some integration.

Definition Essay Example | Topics and Well Written Essays - 750 words - 1

Definition - Essay Example Many people have shown the attitude to persevere despite of the difficulties. As a result, they have helped and inspired many to do the same. In this paper, perseverance is defined in three distinct ways: the capability to endure hardships, hard work and committed to the task. Likewise, it will present three famous persons who have shown these characteristics and placed them in the pedestal of success making them good examples to young people. Perseverance is a virtue that entails the ability to endure many adversaries towards the attainment of a goal. This is something Helen Keller showed in her own life journey. We all know that Helen Keller wrote many poems and stories that are widely read by people young and old alike. The inspiring thing about her is that she is blind and deaf. Helen was born on June 27 1880 with the sense of sight and hearing. However, an unknown illness struck her when she was about a year and a half years old. Everyone in her family thought she was going to die. And then unexpectedly, after a few days, she got well. However, her mother noticed that Helen no longer responded to sound (like the ring of the bell) or sight stimuli. They then concluded that the illness has left her a mark which she suffered for the rest of her life. Towards her childhood years, Helen has been very hard to manage particularly when she throws tantrums and screams towards other members of the family. Upon the recommendati on of the family's friend Alexander Graham Bell, Helen's family finally decided to look for a teacher at the Perkins Institution and Massachusetts Asylum for the Blind. Although difficult at first, Helen struggled to learn how to spell words using hand signals. With the efforts of her teacher Ann Sullivan, she continued to improve and master her skills despite of her condition. The highlight of her education happened when Anne brought her to the lake and spelled "water" in Helen's hand and the later immediately understood. From that moment, Helen's improvement was astounding as she could spell thirty new words that day including Anne's name. After this incident, Helen became famous because of an article that was written about her achievement. Eventually, she was also given a teacher to train her how to speak. Helen tried all her efforts to learn how to speak but was unsuccessful because her vocal chords were not fully developed. Still, this didn't stop her from pursuing her dreams. On 1891, she wrote the Frost King as a birthday gift for her friend Michael Agnos. Helen was also recognized as the first deafblind person to enter and finish a Bachelor of Arts degree in a higher learning institution. However, it was not easy for her as tons of school work further led to the deterioration of her eyesight. Helen soon travelled around the world giving lectures about her experiences. She has been an ambassador of faith and determination to many people. Perseverance also shows the spirit of service and commitment to people. Franklin D. Roosevelt is one of the famous American presidents because of the policies and political changes he started. His leadership started just in time when the unemployment rate is high and the economy was in slump. He proposed a program to bring relief to those who are unemployed, recover losses in business and enacted some reforms for the citizenry. Despite of all

Impact of IMF Policies on China Financial Security

Impact of IMF Policies on China Financial Security Financial crisis swept over the world rapidly last three years. The globalisation and the developed of the derivatives have dramatically changed the whole financial market. The rate of global economic growth was continuing decrease. The economy, particularly financial services sectors suffered a critical strike, which a few investment bank, such as Lehman Brothers Holdings went bankrupt. As one of the largest financial institutions, International Monetary Fund must play more significant role in every areas of finance, especially for financial stability. The members of IMF should following three obligations regarding the abolition of exchange restrictions: Avoidance of restrictions upon current payment. Avoidance of discriminatory currency practices. Convertibility of foreign-held balances. It means IMF has the obligation that protects or makes the whole financial stability. China got a high mark in the process of coping with the financial crisis. The banking in China had a favourable performance, which was a viewpoint by CBRC President Liu Kangming. He pointed that China government had taken a package of measures to stimulate the economy. In the crisis, Chinas banking sectors overall performance, large commercial banks continued to improve profitability, and risk control ability was improved. The role of monetary policy should more significant, meanwhile, the capital market cannot relayed on which being the main source of fund. Between IMF and financial stability of China, it should exists inevitable connection which could impact on banking, credit and insurance. Through the relative research and data analysis, a quantity of experiences and lessons can be summarized and demonstrated, which will advantage other areas of the whole economy to exploit new ways or thinking. Besides, it may become reference to the future. The background of the dissertation Every nation like China is faced with financial management problems to which their business industry should be able to attend to in order to take the economy to move especially during the times of crisis that the global communities are facing. Thus, key financial decisions normally confront the nation leaders in issues and problems that concerns financial investments they usually provide answer to the problems in economy. But despite of this, China remains to be a fortunate, strong economy with a per capita GDP almost similar with the four dominant West European economies (Conway, 2005). Given the importance on low inflation, reforms, a housing market boom, and excellent bonds with other countries like Australia have been essential variables over the course of the economies years of expansion (Conway, 2005). With regards to the current standing of global market and global finance, the current global recession is one of the problems experienced not only in the United States and the United Kingdom but also by the global economy and of course China since their business operation was affected. Today, businesses around the globe work in a more obscured, and more synchronized situation. The monetary policies and practices of China was also affected including their relationship to IMF. The premeditated undertaking, then, is to construct a distinguishing way ahead, using whatsoever core competencies and assets at its discarding, against the environment and control of the situation. Through these distinguishing potentials the organisation look for sustainable competitive plus. With regards to economy of China, financial evaluation and implementation of new strategies can be a demanding exercise. With this, it is difficult to foresee what the future holds (e.g. the actual future outcome may be entirely unexpected), i.e. to foresee what the scenarios are, and to assign probabilities to them; and this is true of the general forecasts never mind the implied financial market returns. However, this is an important procedure because it enables China to make decisions that will be advantageous and beneficial (Lecavalier Santor, 2007). In addition, organisations that are open to change and willing to counter the current financial crisis are generally more successful compare to those who resist it. On the other hand, leadership in accordance to power focuses on the techniques and expertise of efficient organisation, planning, direction, financial planning, credit assessment and control of the operations of a business is really vital. 1.2 Aim and objectives The aim is to analyse the policies and measures of IMF which impact on China financial stability. With respect to the aim of the study, this paper also seeks to attain the following objectives: To research the policies of IMF to China, besides that, those to developing countries should be necessary; To research how China financial services sectors do, especially banking; To analyse how much influence IMF has to these financial services sectors; To analyse the data which IMF and China banking published 1.3 Data and methods The research method depicted in this research is based on both quantitative and qualitative method. The qualitative method permits an iterative and flexible ways, while the quantitative research method lets dependent and independent variables requirement and also allows for longitudinal gauges of ensuing feat of the research subject. Throughout information assembling the preference and plan of methods are continuously tailored, based on current analysis. This allows examination of significant latest issues and questions as they arise, and let the researchers to slump fruitless parts of study from the original research map. Actually, the methods used in this study offer many advantages due to the nature of this study. First of all, for many research questions and objectives, the benefits lie in the enormous saving in resources especially time and money (Saunders et al. 2003, p.200). Actually, this research considers secondary researches due to budget constraint and time limitation. Actually, secondary data provides incomparable benefit that primary data cannot offer. These have generated useful references and have provided a good starting point for formulate and generate ideas. For instance, data includes textbooks related China monetary practices, IMF, financial industry, and government white paper and financial websites. Those data has already been collected and provides an unobtrusive measure. All the sources are quite reliable. Secondly, secondary data may be the only viable choice for many aspects of this research due to the nature in itself. Many psychology data and aggregate data are not likely t o be collected by the author; rather, secondary data from previous researches make this research with easy access. For example, many high quality national newspapers and journal articles being published are permanent and available in a form that may be checked relatively easily. 1.4 Dissertation structure As for the dissertation structure, this paper was broken down into 3 key stages; research problem identification, collection and analysis of information, and Synthesis of information and generation of recommendations. Stage 1: Research Problem Identification In this stage, the researcher considers the exact focus of the problem to be researched. Actually, this engages examination of existing research, practices and theory from genuine literature. This procedure helps the researcher put together empirical findings and theoretical perspectives with the researcherà ¢Ã¢â€š ¬Ã¢â€ž ¢s understanding about problem in the study. This will also help the researcher distinguish the problem feature and learn more about. Stage 2: Collection and Analysis of Data In the second stage, the researcher collected and analyse the data gathered for the purposes of recognizing significant contextual/cultural variables detailed to their setting predominantly in monetary setting. In addition, the evaluation of monetary practices in China and analysis of the policies imposed by IMF are done in this stage. These information enable this research and the researcher to achieve a specific understanding of the problem. Stage 3: Synthesis of Data and Generation of Recommendations In this third stage, the researcher synthesised findings from the previous stages and pertinent previous study. The main centre of this stage is to review these data to amend current hypotheses and account for different factors, in addition to generating recommendations based on new understandings and results. During this stage, culture-specific and research-based recommendations for action are produced. For this study, the researcher focused on the monetary practices of China and IMF policies imposed to borrowing countries. Chapter 2. Literature Review 2.1 Introduction As a response for the global financial crises, the national and international institutions are pushed to create a sound strategy wherein all their knowledge be incorporated thus monitoring and predicting the flow of the financial elements. With the use of wide array of instruments, the assessment on the financial system is found to be based on the analytical practice. The financial stability is difficult to pulse whenever there is an existing financial crisis, and ità ¢Ã¢â€š ¬Ã¢â€ž ¢s getting worse when the crises created a direct impact in the country. 2.2 Related Study of International Monetary Fund According to the history of the international monetary system, 1990s is the most considered time where there is an existence of the hyperinflations and been passed through the different picture of crises in Mexico and Asia. Even the Russia experienced the international financial infection. In each effected episodes of the countriesà ¢Ã¢â€š ¬Ã¢â€ž ¢ financial aspect, the impact participated in the savings and investment, employment, and the purchasing power. Many economists pulled their profession in building the specific solution against the crises and their effects as well. This is the birth of the International Monetary Policy or IMF as the first approach in the crises that plagued the international economy (Conway, 2005). Still, some analysts argued that the approach in the IMF is archaic decision most especially in an era of an international mobility. The present crises shows the different faces of doubts, and it would make the private financial markets suffer from the imperfect information and problems of collective action (Henning, 2009). The assessment of the various financial analysts, business interpreters, and economists, they believe that the effectiveness of the IMF in the new century is on the reform f the IMFà ¢Ã¢â€š ¬Ã¢â€ž ¢s functions, role and governance structure. The idea is around the consideration of six elements namely, (1) quota, voice, and representation, (2) internal governance, (3) surveillance, (4) lending instruments, (5) finances, and (6) the role of the IMF in the low-income countries (Lecavalier Santor, 2007). 2.3 The Function of IMF and the Role IMF Plays The IMF was identified as the provider of the valuable forecasts, served as the advisor of appropriate policy, and acted as the coordinated management through the financing packages whenever there is an implication of crises and assists the countryà ¢Ã¢â€š ¬Ã¢â€ž ¢s adjustment and economic strategies. Through these various characteristics, it is common for the approach to be under the criticisms and be a candidate to tests its ability for a rapid response to the financial crises (Conway, 2005). The appropriate response and the rapid action is the most inevitable requirement in every country to pass through the financial tempest. Obviously, emerging markets face sudden freeze in their capital inflows even if their governments have been pursuing appropriate policies. Based on the basic purpose of the IMF in todayà ¢Ã¢â€š ¬Ã¢â€ž ¢s world economy, the IMF enables the members to maintain and extend the international economic openness and other strategic adjustments. The role of the IMF extends well beyond providing official finance such as monitoring the international monetary system, fostering the negotiations among the members over the macroeconomic policy in coordination and payments adjustment and pursuing the economic policies. The roles that IMF plays are important, most especially in reducing the impact of the financial crises. But the ability to mobilize the financial resources is the central of the IMFà ¢Ã¢â€š ¬Ã¢â€ž ¢s functions (Henning, 2009). 2.4 IMF Financial Soundness Indicators: Core and Encouraged The need for better data and tools to monitor the various financial risks and vulnerabilities in the national systems is pursued and gave to the new area of work called Financial Soundness Indicators or FSI. The IMF has been collecting the various monetary statistics from the participating countries. All of the information gathered admittedly not being focused on the compilation of the soundness and risk information. Translating the needed data based on the information needs careful investigation and be under the assessment to provide the aggregate soundness and risk. In the beginning, the experts and officials of countries collaborated in organizing the call for a process. All the participants agreed that there is indeed, a need for sound information and a number of important indicators and that should be compiled. From the conducted survey of the IMF during the middle of 2000, there was a strong response from over 100 participating countries that allows the IMF to set a core standa rd regarding the financial soundness indicators. In addition, there is an alignment for the countries on what kind or type of information that the country should compile which can be also depends on the national circumstances. After the several rounds of extensive consultations along with the experts, finally, the IMF completed the guide for the indicators they needed. The Compilation Guide: Financial Soundness Indicators or à ¢Ã¢â€š ¬Ã…“the Guideà ¢Ã¢â€š ¬? was published by the IMF that details the concepts and definition, and sources and techniques to serve as the guidance of the participating countries. The Guide was produced to help the countries in compiling and disseminating the information wherein it allows the country to establish the method of comparing the indictors that could provide the valuable information. In the end of the process, the country can have the current soundness of the aggregate financial system (San Jose, Krueger, Khay, 2008). The use of Guide is considered as highly innovative method through the combination of the elements of macroeconomic frameworks, including the monetary statistics, bank supervisory framework, and international financing accounting standards. The use of the provided definitions measures the soundness or risk such as the capital adequacy, exposure to market risk, market fair value in accounting, balance sheet positions of the banks, and many others. The financial reliability gauges/indicators offered two sets known as the core and encouraged sets: The core of the financial soundness indicators is related to the five basic areas relevant to the point of view of banking business shortened in the method called CAMELS as part of the institutionsà ¢Ã¢â€š ¬Ã¢â€ž ¢ assessment of capital adequacy, asset quality, management soundness, earnings, liquidity, and the sensitivity to market risk. The main goal of the FSI is again, for the international comparability that guarantees the all countries that they will use the same applied method. However, the international comparability is limited to some differences at national level, most especially in accounting standards and the data needed in calculating the FSI (GerÃ…Â ¡l HeÃ…â„ ¢mÃÆ' ¡ne, 2006). 2.5 The Conclusion The most important part of assessing the stability of the financial system is the use of the appropriate number of quantitative indicators and the combination of the approaches. The involvement of the financial soundness indicators is one of the best developments in the International Monetary Fund. The compilation of the financial stability indicators and its related information facilitates the assessment through the single method wherein the countries can possibly compare their data among the others.