Contemporary clinical mental health practice is guided by a systems approach which can be conceptualized as an integrated framework that focuses on client strengths, is respectful of client and family preferences when developing the treatment plan, and includes healthcare professionals that collaborate together to produce positive patient outcomes. The PMHNP must be knowledgeable about contemporary approaches in their practice.
Upon completion of this assignment, you should be able to:
• Define integrated care and recovery-oriented care.
• Identify the 10 Fundamental Components of Recovery.
• Describe examples of current clinical practice approaches that incorporate a recovery-oriented care framework within the mental healthcare delivery system.
- Navigate to the threaded discussion and respond to the following:
a. Definition of integrated care and recovery-oriented care.
b. Briefly discuss the 10 guiding principles of recovery and focus on 2-3 that stand out to you
Despite the seemingly disappointing conclusion on the predictability ability of the structural models to predict exchange rates many researches have been dedicated to establishing a good fit of economic fundamentals to exchange rate. Engel and West (2005) (EW05) in their paper “Exchange Rates and Fundamentals” established a correlational theoretical frame work between exchange rate movements and Taylor rule fundamentals. The Taylor rule which was introduced by John Taylor in 1993 is a monetary policy tool used by Central banks to control inflation and output gap through the setting of the interest rate. In their 2005 paper, Engel and West derived a discounted present-value model using the Taylor rule. Engel and West, 2006 (EW06) went further to use their developed present value model to predict the Deutschmark/Dollar real exchange rates and found a positive correlation between actual and the predicted exchange rates. Based on the works of EW05 and EW06 and other empirical works, this paper will perform an empirical and methodological review of other works that seek to underline and establish the relationship between the Taylor rule fundamentals and exchange rate movements. This will help in the mapping of the development of the use of the Taylor Rule as a new direction in the prediction of exchange rates. Four emerging and developing economies namely Russia, South Africa, Indonesia and Brazil will be used for the analysis. The next part of the paper will carefully examine the different data sets for the selected countries and introduce the methodologies in estimating the Taylor rule fundamental variables. A brief introduction of the various variations of the Taylor rule will be done with emphasis on their main differences. An analytical comparison of the T.R. models would be done to determine the most efficient deterministic factors. The last part of the paper would focus on using the present value model developed by EW05 to predict the exchange rate moments of the selected economies against the Dollar. The exchange rate>GET ANSWER