Nobody downloaded yet

Summarizing an Article with an accompaning outline - Essay Example

Comments (0) Cite this document
Summary
The national currency of Georgia GEL was launched twelve years ago but still it faces problems from dollarization (Gardner, 2009). The recent security situation in the country has heighted the threat to GEL as more and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER93.7% of users find it useful
Summarizing an Article with an accompaning outline
Read TextPreview

Extract of sample "Summarizing an Article with an accompaning outline"

Download file to see previous pages This helps in reducing money supply in the economy and a reduced money supply results in lower inflation and thus reduce any risk of devaluation. Other Russian states are also facing problems of rapid dollarization; most payments even on micro level are increasingly being made in dollars.
Another method of hedging against currency risk being adopted by banks is lending in dollars. This however creates problems for borrowers who have loans in dollars and business reserves in GEL. Their risk is dramatically increased which makes it difficult to survive in an already recessionary environment (Gardner, 2009). This will also reduce taxes for the Georgian government. This is because as the losses of currency devaluation increase on the income statement, the taxable income is automatically decreased. The high budget deficit of 9.4 percent of the countrys gross domestic product is also a major obstacle to stability of GEL.
The IMF however still insists that Georgian national bank is equipped with all necessary tools to protect the national currency. The high reserves base of GEL being held by the national bank has reached 2,109,000,000 GEL (Gardner, 2009). This is very important in order to keep stability in the currency value. The bank can use these reserves to control exchange rate fluctuations in the market. That will however be a controlled economy, the National bank has pledged that it will not temper with the free floating market. The free exchange rate environment will continue to function. IMF has insisted that Georgian economy cannot sustain a totally market controlled exchange rate system. The National Bank will have to intervene in order to control shocks created by continuous temporary fluctuations.
The current strategies being adopted by Georgian government and National Bank are a positive step in providing stability to both economy and currency. The banking sector has shown resilience against ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Summarizing an Article with an accompaning outline Essay”, n.d.)
Summarizing an Article with an accompaning outline Essay. Retrieved from https://studentshare.org/miscellaneous/1562242-summarizing-an-article-with-an-accompaning-outline
(Summarizing an Article With an Accompaning Outline Essay)
Summarizing an Article With an Accompaning Outline Essay. https://studentshare.org/miscellaneous/1562242-summarizing-an-article-with-an-accompaning-outline.
“Summarizing an Article With an Accompaning Outline Essay”, n.d. https://studentshare.org/miscellaneous/1562242-summarizing-an-article-with-an-accompaning-outline.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Summarizing an Article with an accompaning outline

BIPOLAR DISORDER OUTLINE

...?Bipolar Disorder Outline Introduction Bipolar disorder was distinguished from schizophrenia for the first time in early 1900s and American Psychiatric Association (APA) presented an early conceptualization of the disorder in 1952. Bipolar disorder is characterized by two extreme mood swings of mania and depression and also can be noticed in sleep patterns, energy levels, activity, attention and impulsivity. A person with the disorder experiences bouts of mood elevation (mania and/or hypomania) and major depressive episodes. Sometimes these episodes are mixed in that the symptoms of both mania and depression are experienced in the same episode. Patients may also have psychotic symptoms while being manic or depressed....
3 Pages(750 words)Article

Summarizing Article

... of Corporate Protection and Government Subsidies The article makes a case against the practice of government intervention in the working of the market. It talks of the problems with government intervention that leads to the money of the taxpayers being misused. The article talks of the pitfalls of intervention and protection in a market such as the one which exists in a globalized world. The essay also looks at the problems that the American economy could face as a result of adopting a policy of protection to American companies. The article also deals with the idea of government subsidies in funding research projects and comes up with the finding that government subsidies often harm the poor and the middle classes more than... of Corporate...
4 Pages(1000 words)Article

Summarizing Article

... Sur Supervisor Article – Tariffs versus Quota The article is all about tariff and quota applicable on foreign made goods. According to Ed, tariffs and quotas are essentially different things. A tariff is equivalent to tax imposed on foreign goods while a quota is the fixed quantity that is allowed to come in the US. Dave opines that quota increases the price of the product for the consumers. Therefore, in a way, it is just like a tariff. Tariffs make the imports costlier for consumer to spend more. Dave asserts that quota decreases supply and due to that price of the product goes up. Dave firmly opines that the effect of tariffs and quota are same on consumers that they have to spend higher. Dave says that money simply changes... Sur...
4 Pages(1000 words)Article

Psychology Article

...a. Summarizing data pertains to the act of describing the information that has been collected from an investigation. This activity may involve the use of statistical tests that would determine whether there is any correlation between two variables, such as when an increase in one factor may influence the increase in a second factor. It should be understood that correlations may be described through the change in a particular value, wherein an increase would signify a positive correlation, while a decrease would indicate a negative correlation. In the case where an increase in the value of one variable would result in the decrease in the value of the second variable, then an inverse correlation is occurring. ...
4 Pages(1000 words)Article

Literary analysis of the play The Glass Menagerie by Tennessee Williams

2 Pages(500 words)Essay

Periodontal Disease and Diabetes

...Periodontal Disease and Diabetes Periodontal Disease and Diabetes This paper will show the association between periodontal disease and diabetes by summarizing an article from the Journal of Periodontology of April 2013. The article shows that evidence has linked diabetes to the prevalence and severity periodontal (or gum) disease. Diabetes is characterized by a weakened and deregulated immune system, and among the consequences are a notable, ongoing inflammatory state and limited immune response. A high level of glucose in the gingival crevicular fluid promotes the growth of bacteria that increases vulnerability to periodontitis. Greater gingival bleeding has also been observed among patients whose diabetes is poorly...
1 Pages(250 words)Article

Article response

...The Article Response The Article Response Outline of the Article The computer assessment of the second language (L2) learner outcomes is a discipline that consists of computer-based testing or CBT, computer adaptive testing or CAT, and semi adapted CAT. Electronic portfolio or EP is a collection of a student’s work, which is availed on the internet or stored in a CD-ROM. What make the difference between EPs and paper-based portfolios are the type of data EP can contain and the level of interactivity that the digital portfolio allows with the EP data. The article gives an overview about the EP models currently used in the United States and Europe. These include the European Language Portfolio or ELP, American Lingua Folio,...
2 Pages(500 words)Article

Anthropological analysis and conceptual synthesis

... due: Anthropological analysis and conceptual synthesis This paper will analyze the article Were Some Catholic Saints Transgender? Berkeley Show Raises Eyebrows by Winston, Kimberly. This article summarizes some forms of gender-based harassment on women by their male counterparts in the society. It uses female saints who led lives of chastity but ended up killed by the males since they were seen as a disgrace to their families (Winston, Para 1). The article also explores the various difficulties the male saints had to go through in order to protect their identity, regardless of the norms of the society. The society could, however, go to an extent of executing them. The society is herein described as one filled with male chauvinism... whereby...
1 Pages(250 words)Article

Summarizing journal article

... ABUSING PSYCHIATRIC PATIENTS What is the effect of abusing psychiatric patients when they are still young? There is an assumption that people with psychiatric problems who had been ill-treated when still Children would display extra dissociative indications as compared to those patients who had not been abused in any way. There are several reasons behind this hypothesis. The previous study researches have put forward that a high proportion of patients who have dissociative conditions for example multiple personality sickness have been found to have a past antiquity of babyhood physical as well as sex related abuses . The study that has been described in this journal was intended to find out the pervasiveness of dissociative... ABUSING...
6 Pages(1500 words)Article

Ethics of Mass Media

...be extra mindful of the way they cover the news regarding murderers in killings. For instance, the way the Mass media covered the Oregon killing posed an ethical issue considering the possible effect it may have copycat crimes. Journalists should take another ethical approach to help lower the frequency of such killings while maintaining their aggressive and robust reporting. I tend to think that is not very unethical to use such graphical images or keep the names of the killers in headlines as it encourages copycats. It is unethical for mass media to publicize manifesto or video rant of killers in full. My own response is that just summarizing the salient materials tend to be smarter than propagating the demented bid...
1 Pages(250 words)Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Summarizing an Article with an accompaning outline for FREE!

Contact Us