International Banking System

by | Jul 17, 2023 | finance

Write a research project discussing a topic on International Banking System
The paper should follow the basic structure:
I. The paper should start with a short introduction/motivation section. Why should anyone care about your topic? Here talk about specifics, current events, politics, etc. (~1 pg). Be sure to establish a clear thesis (argument/focus) and lay out preliminary support you will reference throughout the next section.
– Use sources from reputable publications here (NY Times, Wall Street Journal, Economist, etc)
II. Next, you are expected to review the major contributions on the topic and the current state of the literature, citing at minimum five sources scholarly sources. This should be the bulk of your paper (~3-4 pgs). It is a literature review of your topic. If you have a specific topic (e.g. a specific trade deal, etc) then be sure to generalize your topic for this section. So if you were discussing NAFTA or Brexit, you would want to discuss recent literature on free trade agreements/areas for the literature review. Here you want to discuss general theories on your topic so that you can establish the necessary economic relationships.
– Use scholarly sources here (Journal Articles, Federal Reserve, IMF or NBER Studies, etc)
III. Extension. You just reviewed the literature on a specific subject. Here you should suggest an extension to the current literature (~.5 pgs). What is missing from the literature you reviewed (could be a new data set, case study, research methodology)?
IV. Conclusion. Wrap it up. Tie together the support presented above to call back to main thesis (~ .5 pg).
V. Reference Section that links to in-text citations. Use any citation format you choose (APA, MLA, etc), just be consistent throughout the paper. If you choose to, you can simply footnote within the text and forego this section.

 

Sample solution

Dante Alighieri played a critical role in the literature world through his poem Divine Comedy that was written in the 14th century. The poem contains Inferno, Purgatorio, and Paradiso. The Inferno is a description of the nine circles of torment that are found on the earth. It depicts the realms of the people that have gone against the spiritual values and who, instead, have chosen bestial appetite, violence, or fraud and malice. The nine circles of hell are limbo, lust, gluttony, greed and wrath. Others are heresy, violence, fraud, and treachery. The purpose of this paper is to examine the Dante’s Inferno in the perspective of its portrayal of God’s image and the justification of hell. 

In this epic poem, God is portrayed as a super being guilty of multiple weaknesses including being egotistic, unjust, and hypocritical. Dante, in this poem, depicts God as being more human than divine by challenging God’s omnipotence. Additionally, the manner in which Dante describes Hell is in full contradiction to the morals of God as written in the Bible. When god arranges Hell to flatter Himself, He commits egotism, a sin that is common among human beings (Cheney, 2016). The weakness is depicted in Limbo and on the Gate of Hell where, for instance, God sends those who do not worship Him to Hell. This implies that failure to worship Him is a sin.


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God is also depicted as lacking justice in His actions thus removing the godly image. The injustice is portrayed by the manner in which the sodomites and opportunists are treated. The opportunists are subjected to banner chasing in their lives after death followed by being stung by insects and maggots. They are known to having done neither good nor bad during their lifetimes and, therefore, justice could have demanded that they be granted a neutral punishment having lived a neutral life. The sodomites are also punished unfairly by God when Brunetto Lattini is condemned to hell despite being a good leader (Babor, T. F., McGovern, T., & Robaina, K. (2017). While he commited sodomy, God chooses to ignore all the other good deeds that Brunetto did.

Finally, God is also portrayed as being hypocritical in His actions, a sin that further diminishes His godliness and makes Him more human. A case in point is when God condemns the sin of egotism and goes ahead to commit it repeatedly. Proverbs 29:23 states that “arrogance will bring your downfall, but if you are humble, you will be respected.” When Slattery condemns Dante’s human state as being weak, doubtful, and limited, he is proving God’s hypocrisy because He is also human (Verdicchio, 2015). The actions of God in Hell as portrayed by Dante are inconsistent with the Biblical literature. Both Dante and God are prone to making mistakes, something common among human beings thus making God more human.

To wrap it up, Dante portrays God is more human since He commits the same sins that humans commit: egotism, hypocrisy, and injustice. Hell is justified as being a destination for victims of the mistakes committed by God. The Hell is presented as being a totally different place as compared to what is written about it in the Bible. As a result, reading through the text gives an image of God who is prone to the very mistakes common to humans thus ripping Him off His lofty status of divine and, instead, making Him a mere human. Whether or not Dante did it intentionally is subject to debate but one thing is clear in the poem: the misconstrued notion of God is revealed to future generations.

 

References

Babor, T. F., McGovern, T., & Robaina, K. (2017). Dante’s inferno: Seven deadly sins in scientific publishing and how to avoid them. Addiction Science: A Guide for the Perplexed, 267.

Cheney, L. D. G. (2016). Illustrations for Dante’s Inferno: A Comparative Study of Sandro Botticelli, Giovanni Stradano, and Federico Zuccaro. Cultural and Religious Studies, 4(8), 487.

Verdicchio, M. (2015). Irony and Desire in Dante’s” Inferno” 27. Italica, 285-297.

Sample Solution

The international banking system is a complex and ever-evolving network of banks and financial institutions

Sample Solution

The international banking system is a complex and ever-evolving network of banks and financial institutions

Introduction

The international banking system is a complex and ever-evolving network of banks and financial institutions that facilitate the flow of money across borders. It plays a vital role in the global economy, providing essential services such as cross-border payments, foreign exchange trading, and trade finance.

In recent years, the international banking system has come under increasing scrutiny. The global financial crisis of 2008 highlighted the interconnectedness of the system and the risks that it poses to financial stability. As a result, there have been a number of reforms aimed at making the system more resilient.

Despite these reforms, there are still a number of challenges facing the international banking system. One challenge is the increasing complexity of the system, which makes it difficult to monitor and regulate. Another challenge is the rise of new financial technologies, which are changing the way that banks operate.

Literature Review

The literature on the international banking system is vast. However, some of the most important contributions include:

  • The book “The Internationalization of Banking” by Charles Goodhart (1998). This book provides a comprehensive overview of the international banking system, covering its history, structure, and regulation.
  • The article “The Globalization of Banking” by Steven Kamin (2003). This article examines the factors that have led to the globalization of banking, and the implications for financial stability.
  • The report “Reforming the International Financial Architecture” by the Group of Thirty (2009). This report provides recommendations for reforming the international financial architecture in the wake of the global financial crisis.

Extension

One area where the literature on the international banking system could be extended is in the study of the impact of new financial technologies. For example, the rise of blockchain technology has the potential to revolutionize the way that banks operate. However, there is still a lot that we do not know about the potential risks and benefits of this technology.

Another area where the literature could be extended is in the study of the relationship between the international banking system and financial stability. For example, it is important to understand how the interconnectedness of the system can amplify shocks and lead to systemic crises.

Conclusion

The international banking system is a complex and important part of the global economy. It plays a vital role in facilitating the flow of money across borders, and it is essential for the smooth functioning of the global financial system.

However, the international banking system also faces a number of challenges, including increasing complexity, the rise of new financial technologies, and the potential for systemic risk. As a result, it is important to continue to research and reform the system in order to ensure its continued stability and resilience.

References

  • Goodhart, Charles A. E. The Internationalization of Banking. 2nd ed., MIT Press, 1998.
  • Kamin, Steven B. “The Globalization of Banking.” Journal of Banking & Finance, vol. 27, no. 2, 2003, pp. 299–333.
  • Group of Thirty. Reforming the International Financial Architecture. Group of Thirty, 2009.

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