Sunday, February 16, 2020

The UK Anti-Discrimination Law Research Paper Example | Topics and Well Written Essays - 2000 words - 1

The UK Anti-Discrimination Law - Research Paper Example The significance of protection of human rights in terms of equal rights to one and all and the treatment of all humans with dignity and respect has been recognized by the world community which has enacted several laws to prevent cases of discrimination and punish those who resort to such uncivilized behavior. These laws seek to ensure and propagate the idea that all humans irrespective of their race, sex, physical disabilities, and preferences be treated equally and with the same degree of respect and dignity enjoyed by their fellow beings. Such opinions have also been voiced by the United Nations in their Charter which states that â€Å"Everyone is entitled to all the rights and freedoms set forth in this Declaration, without distinction of any kind, such as race, color, sex, language, religion, political or another opinion, national or social origin, property, birth or another status. Furthermore, no distinction shall be made on the basis of the political, jurisdictional or international status of the country or territory to which a person belongs, whether it be independent, trust, non-self-governing or under any other limitation of sovereignty†2. Discrimination is divided into four distinct categories which include discrimination on the basis of age, sex, race, disability etc and is further categorized as direct discrimination, indirect discrimination, harassment, and victimization. The definition and scope of each of the term are discussed hereunder: This form of discrimination is one of the most common and widely experienced forms of discrimination.

Sunday, February 2, 2020

Should central banks be independent Essay Example | Topics and Well Written Essays - 1000 words

Should central banks be independent - Essay Example They all have different origins hence the difference in the roles and functions that they are expected to play. While some of them were established as a special purpose upon which the government banks were brought up to bring about order in the way that bank notes are issued, others were developed to act as sources of funding for the governments (Downes & Vaez-Zadeh 92). There are other central banks that started off as large commercial banks that dominated and subsequently were able to boost the economy by offering the monopoly rights to provide bank notes. Most of the central banks started their operation during the 20th century as central banks that held the public policy agencies to conduct the functions related to central banking. However, the bundles of functions associated with the central bank have always differed in a substantial way from one country to the other. In this paper the main functions and roles of the central banks will be analyzed and an evaluation performed o w hether the central banks should be made independent (Touffut 52). The key functions of the central bank revolve around the fact that the central bank is an agency that is expected to perform the conducts of monetary policy and provide the means through which it can be settled. In the past, they functioned as the government’s bankers, the monopoly of issuing notes, the banker’s bank, the last resort lender, controller and regulator of credit and the maintenance of external stability (Goodhart xiii). The most important function of the central bank has been linked to the role of financial stability. However, it is considered as the objective that extends or goes beyond the objectives of functions, which contribute towards financial stability. Nonetheless, it is still applicable in many countries where for example in China, it is the role of the People’s bank to ensure that financial risks are mitigated with the effort to provide financial stability