Comparison between Japanese and Canadian Central Bank Policies Essay

The current paper is an examination of the national bank arrangements in the nations of Japan and Canada. The paper takes into assessment Bank of Japan and Bank of Canada and investigates the grounds on which similitudes and contrasts, assuming any, can be noted. This examination is a correlation between the focal banks’ approaches of both the nations. The structure of the paper reviews the financial arrangement of both the nations at that point promotes with singular examination just to bring a significant correlation at the subsequent last area. The paper talks about discoveries in the end area and makes proposals for future approach making and advancement. 2-Overview This segment diagrams the past, present of the two banks in the concerned nations. This is in the endeavor of making a base of the later segments that would manage explicit approach issues of the two banks. 2.1-Japanese Banking System Today Japanese financial framework discovers its basic roots in the aftermaths of World War II is as yet proceeding to develop support for the monetary and modern associations of the nation. Since the time World War II, Japanese financial framework has experienced various changes and adjustments in corporate conduct just as in the molding of monetary and administrative arrangements. The period that can be supposed to be the brilliant time for the improvement of the Japanese financial framework is respected to be from the mid 1950s to the mid 1970s. This was when Japanese firms were developing quickly and required money related sponsorship and fiscal evaluation to hold strong on the corporate grounds. In any case, from the 1970s, a few changes were experienced by this financial framework and that strong position was shaken. Of the significant reasons, global worldview change in money related exchanges, corporate conduct with respect to speculation of assets both inside and outer, (firms began giving protections as opposed to getting from banks) and other such reasons can be supposed to be the foundations for the shaking of such a solid financial framework as was in Japan once particular up to the mid 1970s. Up to the current day, in the Japanese monetary framework, bank advances despite everything have the predominant spot as the outside financing hotspot for the corporate segment which is non-money related †until 1986 the borrowings done from private foundations were recorded to be in excess of 70%. Other such regular administrations as issuance of bonds, customer checking, cost observing for various administrations, etc are likewise seen as by and by in the Japanese financial framework. All things considered, there is considerably more that is should have been analyzed in this country’s banking framework that makes it eminent on the global skyline (Aoki, Patrick, and Sheard, pp. 1-15, 1994). 2.2 †Canadian Banking System The focal financial arrangement of Canada is likewise with its regular issues and challenges and up to right now, these difficulties have been duplicating for various variables. For instance, no place in history overall population was such a great amount of cognizant about the underhanded joblessness and is presently demonstrating a hyper demeanor which essentially put the administration and its monetary establishments in advance to the analysis. All things considered, the difficulties are to make such money related approaches as can help stand up to these difficulties and move over them. In spite of the fact that the national bank of Canada went through an extensive stretch of changes, state the downturn time of the 1930s and later, Neufeld (1958) takes note of that â€Å"The sacred alterations experienced by the Bank of Canada were not as extraordinary as those of some more seasoned focal banks† (p. 4). There are essential explanations behind this perception. For example, starting in the market, the bank was supported by the administration prompting a steady position. Notwithstanding, political intercessions and the bank’s obligations to provide food for the necessities or requests of the ideological group government kept on existing. The bank experienced war emergency, money related flimsiness, and social weights like joblessness, up and down its introduction to the world turning into a grown-up from a juvenile youth. At present the Bank is in a progressively ideal situation to fill for the needs of the administration and play out its diverse purposes concerning money related exercises alongside the difficulties. A portion of the difficulties that the bank looked during its security periods were â€Å"serious outside trade outpourings and amazing capital inflows† (212). The three territories, back in the soundness stage, i.e., security advertise, stock trades, and remote trade markets, have been carefully settled by the bank to make a positive image of the general financial circumstance of the nation. By and by, the Bank holds an essential situation in the dynamic procedure of these three regions. Today, as an effective bank, the master conclusion about this bank is that it has managed in the hour of trouble more with method which was adaptable than conservatism (213). The financial arrangement of Canada is in a consistent procedure of up degree for better yield; one such occurrence is the utilization of geographic data frameworks (GIS) innovation â€Å"for a wide scope of applications† (Macdonald, 2001, p. 419). In this way, it is critical to have a profound assessment of the strategies and practices of this bank so that the insider’s view can help other people structure such a framework in some other nation. 3-Policies of the Bank of Japan There are various arrangement gives that should be returned to yet for the constrained space of the paper, just a couple of major are talked about. Above all else, arrangements of the Bank of Japan (BOJ) have been integral to critics’ consideration because of various reasons however the most significant is that it is one of the three G-3 national banks that have been checked on in the previous decades. The extraordinary highlights of BOJ are various. The most clear, in any case, is its position on emptying. In spite of the fact that BOJ had to take â€Å"a exceptionally utilized position† in neighborhood money related condition, it has faced no challenge to battle the test. Besides, it may have been workable for the bank to yield to various difficulties that were made by flattening, notwithstanding, the bank kept on getting by with various strategies and measures (Cargill, 2005, p. 311). BOJ’s way to deal with money related approach is businesslike. The general focal point of this financial arrangement is to keep up strength in cost and energize monetary turn of events. To meet these finishes, the Bank screens such zones as trade rates, the totals of cash, the files of customer and discount rates, development of the GDP, creation occurring in the business, on-going financing cost in the market, costs of advantages, and various different components. It is likewise prominent that in the elements of the Bank, worldwide strategy affiliation and coordination can likewise assume a job in the Bank’s local approach making. It is imperative to take note of that all through its reality the BOJ has never come to remain as no-nonsense monetarist. Rather than this, the Bank has been rewarding the strategy creation of cash increasingly like a type of craftsmanship. There are various strategies by which the Bank lets its arrangements become open. The usage of strategi es likewise takes various structures, for example, â€Å"discount window† guides other budgetary foundations through credits and so forth. (Mill operator, 1996, pp. 1-47). By the late 1980s, BOJ held its situation as positive according to the pundits because of various arrangement making issues since WWII. Up to then the bank had experienced various amazingly insecure occasions adapting up to such difficulties as industrialization and foundation of it. At that point significant attributes of BOJ were its promise to value dependability and positive results that came out of its approaches. The most significant point is that since its foundation, its legitimate position didn't experience a change. At that point it was the main bank evaluated as the most reliant of all the national banks on the planet. Consequently the prominent component is its keeping value solidness as opposed to being a reliant bank. It additionally negated the broadly acclaimed see that the more autonomous a national bank, the more value solidness would be expanded (Cargill, 2005, p. 311).  May 1989 is the period called the depressed spot strategy time of BOJ which proceeded during that time 2004. Here the bank expanded the pace of markdown in various advances that included verifiably low pace of 2.5 percent to 6.0 in the main phase of 1991. It was harshly a response against the benefit swelling of the 1980s. Be that as it may, the sharp downturn and reducing resource rate supported the bank to move for simplicity of strategy in 1991 and the call and rebate rates boiled down to 0.05 percent by the mid 1995. Until it acquired the first â€Å"0 pace of interest† strategy in 1999, the bank continued bringing down call rate markdown. It was attracted to a nearby in 2000. It returned to zero rate strategy again in 2000 and proceeded onward to a factual moseying down of strategy in 2001 in light of the fact that declining economy alarmed the specialists; in addition, it expected to receive an alternate structure of activity for transient rates on intrigue which must be in a general sense zero (Cargill, 2005, p. 311). Albeit globally, it is the notoriety of the Bank of Japan that it has been moving too bit by bit as far as the arrangement of money related strategy, monetary approaches, and settling the issues present to it, there are significant zones where this analysis gets void. For instance, Japan is regularly contrasted and the USA without considering the way that previous confronted a large number of a larger number of issues than the last mentioned. Furthermore, there are such occasions as Japan’s more tight monetary strategy in 1996 that has a lot to dispose of this analysis (Browne, 2001, p. 3). 4-Policies of the Bank of Canada The Bank of Canada (BOC) is regularly condemned for impacting the degree of value, occupations, and the improvement of its country’s economy. In any case,

Society in Jubilee and Gone With The Wind essays

Society in Jubilee and Gone With The Wind expositions The book Jubilee by Margaret Walker, and the film, Gone with Wind, in view of the novel by Margaret Mitchell, both occur during subjugation, the Civil War, and recreation. The book and film occur in a similar timespan, yet show various perspectives on those occasions. Four topics rise in these two books, the change of Southern culture, the defeating of difficulty with determination, the significance of land, lastly the knowledge and capacities of lady. These four subjects best portray the two books. In the book, Jubilee the Souths society changes drastically. The South was where land was significant and where yields thrived. There were wonderful fields to show how solid the nation was. Southerners were increasingly renowned for what number of slaves they possessed, as it contained a slave claiming states. This implied the estate proprietors could possess slaves like property. This all changed during and after the Civil War. Everything that was excellent went dull because of the considerable number of harms the war caused. The land ceased to exist because of the considerable number of slaves that were being sent to battle for the war. When there were no captives to help keep the land fit as a fiddle, the South lost a great deal of harvests, including cotton which was there greatest yield. The South changed more when the Ku Klux Klan developed. Servitude was keeping the slaves alive and since it was pursued the war they had nobody left to secure them. Self discipline to defeat misfortunes is appeared by slaves in the book, Jubilee. Vryr is somebody who defeats such a large number of misfortunes. She needed to manage the reality her own slave proprietor was her dad, and he never recognized that or even endeavored to. Vyry needed to manage the disturbances Big Missy gave her while she was a youthful slave in her home. Large Missy gave everybody trouble except additional to Vryr in light of the fact that she was the girl of the slave proprietor, and she disdained that. Vyry additionally needed to manage the reality she ... <!

Famous Erik Erikson Quotations

Famous Erik Erikson Quotations History and Biographies Print Erik Erikson Quotes Words of Wisdom From the Renowned Psychoanalyst By Kendra Cherry facebook twitter Kendra Cherry, MS, is an author, educational consultant, and speaker focused on helping students learn about psychology. Learn about our editorial policy Kendra Cherry Updated on May 18, 2019 Psychosocial Development Overview Trust vs. Mistrust Autonomy vs. Shame and Doubt Initiative vs. Guilt Industry vs. Inferiority Identity vs. Confusion Intimacy vs. Isolation Generativity vs. Stagnation Integrity vs. Despair Erik H. Erikson was a German-born psychoanalyst who became one of the most famous and influential thinkers of the twentieth century. He is best remembered for his well-known psychosocial theory of development and for coining the term identity crisis. In addition to holding teaching positions at Harvard, the University of California-Berkeley, and Yale, he also wrote a number of popular books including The Life Cycle Completed and Identity: Youth and Crisis. You can learn more about Erik Erikson by reading this brief  biography  of his life, further explore his  psychosocial theory, and take a closer look at each of the  eight stages  of human development. The following are just a few famous quotations from his works. On Hope and Will Hope is both the earliest and the most indispensable virtue inherent in the state of being alive. If life is to be sustained hope must remain, even where confidence is wounded, trust impaired. (The Erik Erikson Reader, 2000) Hope is the enduring belief in the attainability of fervent wishes, in spite of the dark urges and rages which mark the beginning of existence. Hope is the ontogenetic basis of faith, and is nourished by the adult faith which pervades patterns of care. (The Erik Erikson Reader, 2000) Will, therefore, is the unbroken determination to exercise free choice as well as self-restraint, in spite of the unavoidable experience of shame and doubt in infancy. (The Erik Erikson Reader, 2000) On Children The growing child must derive a vitalizing sense of reality from the awareness that his individual way of mastering experience (his ego synthesis) is a successful variant of a group identity and is in accord with its space-time and life plan. (Identity and the Life Cycle, 1994) Someday, maybe, there will exist a well-informed, well considered and yet fervent public conviction that the most deadly of all possible sins is the mutilation of a child’s spirit; for such mutilation undercuts the life principle of trust, without which every human act, may it feel ever so good and seem ever so right is prone to perversion by destructive forms of conscientiousness. (Young Man  Luther:  A Study in Psychoanalysis and History, 1958) It is only after a reasonable sense of identity has been established that real intimacy with others can be possible. The youth who is not sure of his or her identity shies away from interpersonal intimacy, and can become, as an adult, isolated or  lacking  in spontaneity, warmth or the real exchange of fellowship in relationship to others; but the surer the person becomes of their self, the more intimacy is sought in the form of friendship, leadership,  love  and inspiration. The counterpart to intimacy is  distantiation, which is the readiness to repudiate those forces and people whose essence seems dangerous to one’s own. (Identity and the Life Cycle, 1959) Children love and want to be loved and they very much prefer the joy of accomplishment to the triumph of hateful failure. Do not mistake a child for  his  symptom. (Childhood and Society, 1950) On Doubt and Despair Doubt is the brother of shame. (The Problem of Ego Identity, Journal of the American Psychoanalytic Association, 1956) Despair expresses the feeling that time is short, too short for the attempt to start a new life and to try out alternate roads to integrity. Such a despair is often hidden behind a show of disgust, or a chronic contemptuousness. Integrity, therefore, implies an emotional integration which permits participation by followership as well as acceptance of the responsibility of leadership. (Identity and the Life Cycle, 1959) On Freud What was Freuds Galapagos, what species fluttered what kinds of wings before his searching eyes? It has often been pointed out derisively: his creative laboratory was the neurologists office, the dominant species  hysterical ladies. (The First Psychoanalyst, 1957)

Essay on Censoring Internet Pornography - 2472 Words

Introduction Pornography engages people on many levels. Some people enjoy pornography while others believe that the world would be best without it. Some would think that a song like Its Nice to be Nude is a cute song that is celebrating the joys of the human body. Others may think that it is obscene and not worth listening to. Pornography is highly subjective in respect to what it is, how it is defined, and its merits. The intent of this paper is to discuss pornography in a historical context and how it affects librarians in regards to its presence on the Internet. Definitions: Getting to Know All About It * Pornography: The word pornography originates from the Greek pornographes meaning literally†¦show more content†¦From drawings on cave walls7 to HBOs Sex and the City the depiction of sex appears to be one of the threads that ties the centuries together. Montgomery Hyde, while exploring the roots of Western pornography, found that even in the Bible there is an abundance of material in the Old Testament on the subject of pornography in its original sense of writing about prostitutes and their patrons, as there are also references which are certainly obscene if not pornographic in the wider sense as it is generally understood today.8 In early Greece, representations of men and women enjoying various forms of sexual intercourse were even depicted on the bottoms of childrens drinking bowls and plates, so that they could have something amusing to look at when they were having their meals.9 About the time of the birth of Christ, Ovid wrote for a Roman audience Ars Amorato ? a work if not pornographic in the strictest sense, at least highly erotic.10 The pornographic tradition continued in Western culture with works such as the Decameron, The Canterbury Tales in England, and the Heptameron in France.11 Fascination with the bawdy is also the basis for many a literary classic. Much of Shakespeares writing, for example, is of uninhibited ribaldries and obscenities.12 The depiction of the naked, sexual human form is also found throughout the art world.13 Indeed, walk into virtually any museum, artShow MoreRelated Children and the Censorship of Internet Pornography Essay4060 Words   |  17 Pages The Internet is a global network of vast information. With a few clicks, an individual can have access to up to 200 million web-sites filled with educational and recreational information. The Internet is not regulated in anyway (Carnegie Library 1). It is accessible throughout the entire world from the North to the South, to the early morning sunrise and dark sunsets. Different ethnicity and backgrounds come together linked upon this network resembling a connection of one body in unity. SadlyRead MoreSocially Acceptable : Sexually Explicit Material2283 Words   |  10 Pagesshown in commercials, ads, and movies are far from an ordinary woman. They are perfect. What men, and women, see is an unrealistic expectation of what women today should look like. Another harmful product of today’s sexually acceptable material is pornography. Men and women alike find completely unrealistic sexual scenarios in which they let deeply affect their sexuality. When conducting research, sch ool psychologist and Master of Education Julienne Colbow concludes that this type of material may orRead MoreAmerica Needs Internet Censorship Essay1046 Words   |  5 Pagesthough. All she was doing was casually browsing the internet before a pop-up appeared. Although it may seem hard to believe, the major cause of events such as this is the lack of censorship on the internet. Internet censorship relates to the removal of offensive, inappropriate, or controversial content published online. The current problem with the internet is that there are few restrictions on what can be published or viewed. Several sites on the internet only offer a warning about inappropriate contentRead MoreInternet Censorship And The Internet941 Words   |  4 Pages More than two decades ago, the Internet was yet to be ubiquitous in the homes of the general public around the world. Today, global users of the Internet has surpassed the 3 billion mark, or approximately 45% of the world population, a trend that is not likely to slow down anytime soon (World Internet Users Statistics and 2015 World Population Stats, 2014). The idealistic vision of self-governance of the Internet has proved to be insufficient and threats to the Internet’s core principles areRead More Should the Internet be Censored? Essay1062 Words   |  5 Pagesnbsp;nbsp;nbsp;nbsp;nbsp;Ximenes 1 Should the Internet Be Censored? â€Å"No bones about it, the Internet needs to be censored†. At least according to Gerry Morgan, president of an Internet contents provider and a parent, he among other non-denominational Christian parents claims that they have found â€Å"the only realistic answer to the Internet porn-crisis†. They’ve created a program where all Web sites are pre-screened, avoiding any material that can be harmful to kids (Watson). They say that the Internet has to be censored becauseRead MoreEssay about Internet Pornography Censorship vs Free Speech1671 Words   |  7 PagesThe Internet is a worldwide network of computers and databases that has evolved rapidly in recent years. Tremendous amounts of information are transmitted and are fairly easy to obtain. Although in the past the information available was for the most part educational and business oriented, in recent years it has become much more diverse and questions have been raised as to the appropriateness of the conte nt being viewed and consumed. Another issue is whether or not the government should take anRead More Internet Censorship Essay1605 Words   |  7 PagesEveryone has heard of the Internet and how it is going to help set the world free. The Internet is the fastest growing form of communication and is becoming more and more common in the home. Companies these days do big business over the Internet, and online shopping has grown tremendously in the last few years. For instance, the online auction site eBay sells millions of items every year online. Many companies are making even more plans to expand their business to the Internet. Unfortunately, there haveRead MoreIn Support of Internet Censorship Essay639 Words   |  3 PagesIn Support of Internet Censorship Censoring the Internet would keep children and adults from obtaining harmful materials. Online there are all kinds of information on horrible things such as pornography, alcohol, drugs, guns, bombs, credit card fraud, etc. Censorship is needed. People say it takes away freedom from their lives but if there were not laws inhibiting freedom we would live in a world of chaos and anarchy. Why should we censor the Internet? Why not? Should we not censor the informationRead MoreCensoring the Internet906 Words   |  4 Pages Censoring the Internet When most people think about the internet, they think of it as a super highway system that has the capability to transfer information. The internet grew up to become an expanding source for amusement and intelligence; in a way that we have never seen before. Since there isnt anything like the internet, as more people become more recognized with the internet, the information that surrounds the internet develops as well. Anyone can post ideas about whatever they want atRead MoreGovernments Censoring Internet Content1490 Words   |  6 Pagespros and cons of government involvement in controlling the content of the Internet. Everyday technology is getting more sophisticated, meaning that nowadays it is easy to explore about a certain issue via online connection and be near the world. In the present, as long as you have Internet connection, you have the ability to have access to all kind of information that is posted on Internet. There is a huge debate whether internet should be regula ted or not, and this is excepted to continue in the upcoming

Black Boy and Mama’s Girl Comparison and Contrast Essay

Black Boy and Mama’s Girl Comparison and Contrast Essay Mama’s Girl by Veronica Chambers and Black Boy by Richard Wright are autobiographies about two people growing up black in America. Richard Wright, born in 1908 near Roxie, Mississippi, became to be one of the most influential black writers in America and his work helped redefine discussions of race relations in America in the mid-20th century. Veronica Chambers, author of Mama’s Girl, has spent most of her career being an editor for various papers and magazines and currently lives in Brooklyn, New York. Both books describe how it is like to grow up being discriminated against and the trials that one goes through being a black American. Both Black Boy and Mama’s Girl have†¦show more content†¦The Great Depression was mainly started by the Wall Street Crash of 1929. The net effect of the Great Depression was a sudden and general loss of confidence in the economic future of America and high unemployment rates all across the country. Mama’s Girl took place in the years around 1970-1990. The Watergate Scandal in 1972, the Summer Olympics being boycotted in 1980, and Ronald Regan was inaugurated in 1981. In 1972, five men were arrested for the burglary of the Democratic National Committee headquarters at the Watergate office complex in Washington, D.C. The House Judiciary Committee voted to impeach the President due to suspicion that he was involved in the Watergate Scandal but later in 1974 President Nixon resigned, becoming the first (and as of 2012, the only) President to step down. In 1980 the U.S. boycotted the Summer Olympics in Moscow to protest the 1979 Soviet invasion of Afghanistan. In 1981 Ronald Regan was inaugurated as the 40th president of the United States and became the face of the United States during the 1980’s. Wright grew up in the 1920’s before the Civil Rights Movement, showing that he grew up in a much harder racial time than Chambers did where blacks were treated unfairly and discriminated ag ainst constantly. Chambers grew up after the Civil Rights Movement where racial segregation was no longer legal and the problems for blacks weren’t as bad because of the stress placed on racial equality during the Civil Rights movement and the

Faculty Evaluation System Free Essays

A proposed Faculty Performance Evaluation System for university of the Visayas-Dalaguete† Problem Statement The Faculty Performance Evaluation System will seek to answer what enhancement and design the school can adopt for a more effective and efficient automated System. Our project will provide the benefits and help the school to collect the feedback from the students and provide security and privacy respectively. Specifically, it endeavors to answer the following questions: 1 . We will write a custom essay sample on Faculty Evaluation System or any similar topic only for you Order Now Why is there a need to replace the manual system with an automated one? . What will be the benefits of having the automated faculty performance evaluation system In the university of the Visayas – Dalaguete? 3. How can automated faculty performance evaluation system help the school? 4. How can we provide security to our system? ED: What are the first steps that SIG schools and districts should take when re- thinking their teacher evaluation systems? CD: First, there needs to be an Intense dialogue with faculty members about what constitutes good teaching. They need to develop a shared understanding of what is good practice. They can do a book study hat defines good teaching in a coherent way, what it looks like, and what counts as evidence of good teaching. I’ve worked on a framework for effective teaching. The big Idea that underlines this framework is that students learn from high levels of student intellectual engagement. There’s a ton of research on that, but it’s hard to do because In general, students aren’t taught that way. The challenge Is to get people to understand how to engage students in learning. Second, there needs to be an effort to create a culture in the school around continued learning and professional inquiry. You’re not done learning when you start teaching. Teaching is enormously complex work that people work to master over their entire careers. No one should act like it’s easy because It’s not. Then, teachers can move to on the ground work with students. They can analyze student work for levels of student engagement. If they have money to spend, they can get equipment to videotape themselves teaching to use for self- reflection. tx a powerful technology because teachers can watch their own lesson, observe other teachers, share their practice, and engage in dialogue. ED: Are there t Of2 speclTlc cnallenges In Implementing a tnougntTul evaluatlon system In low- erforming schools? CD: Not really. It’s the same challenge, Just harder. One of the problems in low-performing schools is that teacher turnaround is higher, which means they could hav e more novice teachers. Beginning teachers, because they are inexperienced, need more intensive supervision and coaching than do their more experienced colleagues. It’s essential that both the teacher and the district ascertain whether they are a good match. On the flip side, of course, new teachers frequently come with a lot of energy and enthusiasm for the work, and that can make a real contribution to a school. But the higher level of supervision by a principal takes time, and that’s one of the issues with any evaluation system – finding the time to do it well. I don’t think it’s helpful or harmful. It’s Just the nature of it. There’s also the school culture element. Let’s say you’re my principal and a typical observation is one where you come in, observe my lesson, write it down, and tell me what I did wrong or right. l, as a teacher, have done nothing. If the school culture is one of inspection, then all I would want to do is to â€Å"get through† the evaluation. I’m not going to try anything interesting in my class while you’re there. That typical process of where my role as a teacher is passive. There’s no learning for me as a teacher. Creating a different type of culture is a leadership challenge. For the new teachers not to be performing at the same level as experienced teachers – that’s natural. The culture should be one where professional growth and learning are understood to be part of everyone’s Job forever, and learning is not a sign of deficiency. To have an effective teacher evaluation system, you need good, trained evaluators and more time from teachers and administrators to discuss performance and improve teaching and learning. ED: What about the problem of resources, especially in times of budget cuts? How do schools and districts keep their commitment to this type of a teacher evaluation system? CD: I don’t think it’s a resource problem. It’s a prioritization problem and also a training issue for evaluators. When a teacher or union activist says that principals don’t know what they are doing when theyre evaluating teachers, they are usually right! One of the things I’m working on is an actual evaluator certification program. The need for credentialing evaluators has been written into state law in a few places including Illinois and New York. How to cite Faculty Evaluation System, Papers

Year 2000 Problem Essays (1385 words) - Calendars, Software Bugs

Year 2000 Problem Why is the Y2K problem being overlooked? The Year 2000 is rapidly approaching! Will we be ready in time? Y2K stands for Year 2000 Catastrophe. Y2K seems to be overlooked for a variety of reasons. One of the biggest reasons is because people are not aware that there is a Y2K problem because so few are computer literate. Most of the general public, while being exposed to computers, just does not realize how computers have taken over the grueling task of keeping our country running. From writing social security checks to timing traffic signals, keeping banking account records to controlling food stocks at the local supermarket, computers are involved. Some other reasons include that the general public just doesn't care about Y2K and that the government doesn't want to expose the issue and cause a panic. No one in the world knows what's going to happen. Y2K could cause chaos and destruction, or just pass over as if nothing happened. The real question on my mind is what's going to happen to when the world hits midnight on January 1, 2000? Dale Kasler explains, "The Y2K problem is this: Many computer programs recognize years only by the last two digits, rendering them incapable of telling the difference between 1900 and 2000" (2). My definition of Y2K is billions of computers that can't decipher the difference between a two-digit date and a four-digit date. This problem makes the computers go haywire, or just shut down because it doesn't know the difference between 1900 and 2000. For example, the computers figure out how old you are by the year of your birth year. I am 19 years old by subtracting '79 from the current year of '99, but in two years when I subtract '79 from '00 I will be -79 years old. "The Government was first notified in 1969-70" says Rickey Staves, RGS Consultants, President. The government overlooked the Y2K problem, because they figured that they didn't need to worry about it. Yes, there was a crisis in Vietnam at the time, but there should have been some sort of effort to bring out this issue of Y2K to the American people. The government didn't care because, why take care of a problem that is 30 years away? This problem would have been no problem if Y2K had been addressed to the general public, business community, government departments and, utility companies. Instead, the government decided not to deal with the Y2K problem and let the children of the future deal with it. There are many people who have a lack of awareness of the Y2K problem. Other problems are pressing, but we need to start taking action. There has to be some kind of acknowledgement by the public. One field that should start taking action is our nation's hospitals. They have a total lack of awareness of Y2K. "According to a nationwide survey of 1,700 hospitals, fewer than one-third of the respondents had developed a year 2000 compliance plan and only one in five had implemented such a plan. Worse, and most alarming, 18 percent of these hospitals are planning no action to protect their systems. Pity the patient who checks into one of these hospitals on January 1, 2000" (Hyatt 144). You would think hospitals would be the first to be 2000 compliant. It's terrifying to know that many hospitals don't even have a plan to be 2000 compliant. It's about time for the hospitals to start getting ready for the new Millennium. There might be situations where respirator machines stop working or someone gets the wrong dosage of medication. These are just two of the possible tragedies that could happen. Many businesses have overlooked the Y2K problem, according to Tasha Getlin; "twenty-three percent of all companies and government agencies have not started to address the Y2K issue. By addressing this issue it could cause panic to their customers, but if you tell your customers that the Y2K problem is under control and you don't have it under control; you opened yourself up to a lawsuit" (5c). Isn't it better off to have the Y2K problem under control and be ready so it will not cause a panic or a lawsuit from the customers? A substantial number of people don't care about the Y2K issue, or they just think it's all a big scam. It may look like a scam because it hasn't happen yet, but there is evidence to support that Y2K is not a scam. There are warning signs that this problem does