Environmental Psychology Article Analysis Research Paper

Environmental Psychology Article Analysis - Research Paper Example ology by Mohay and Forbes which is entitled â€Å"Reducing the Risk of Posttraumatic Stress Disorder in Children Following Natural Disasters.† The article discussed the posttraumatic stress disorder (PTSD) that can affect children due to the occurrence of natural disasters. Included in the objectives of the paper were the examination of the risk and protective factors and the application of the strategies in schools to resolve cases of PTSD (Mohay and Forbes, 2009, p.179). The subject of the research is relevant to the present era wherein numerous natural disasters are affecting the human civilization. The said disasters also come in different forms such as typhoons, tornado, tsunami, volcanic eruptions and floods. Preparedness not only in terms of shelter and basic needs but also in the emotional aspect is important. The focus of the study can be considered essential due to the fact that the children are the most susceptible to the effects of natural disasters specifically ba sed on the risk factors. The abstract of the paper presented pertinent information that summarized the content of the paper. The background information had also been helpful based on the definitions of the concepts and terms that were defined in the said part of the research paper. In addition, important and substantial information and research results of prior studies had also been included (p.179-82). The discussion of the risk factors followed. The different risk factors and resolutions that had been presented by the authors are considered important in the improvement of the consciousness regarding the issue. The risk factors that are related to PTSD included in the study were age, personality, extent of exposure to natural, amount of damage to property and infrastructure, witnessing the death or injury of others or perceiving a threat to own life (p.182-5). The age as a risk factor had been connected to the cognitive level of development of a person. For that matter, a child

Financial crisis 2008 for corporate governance & ethics course Case Study

Financial crisis 2008 for corporate governance & ethics course - Case Study Example Moral hazard occurs when a party to a contract understanding that the consequences of their actions will be borne by a different party puts themselves under more risks. This paper aims at analyzing the characteristics that make the 2008 financial crisis an ethics and specifically moral hazard situation and the measures taken for effectively eradicating the recession. Reasons for the 2008 financial crisis include massive nationwide residential housing bubble, financial sector overleveraging, unregulated subprime lending growth at a large rate, and lack of transparency in new, complex, and more popular mortgage based funds. The other reasons for the global financial crisis in 2008 was resultant inability to measure risk, screening of borrowers and bank lending of precarious loans and lack of concern on ability to pay with main aim being origination of loans (Dowd, 143). These factors that resulted in the financial crisis shows the blatant disregard by the financial institutions of the needs of the stakeholders through taking on precarious loans depicting an example of the lack of ethics or moral hazard situation. Securitization and subprime mortgage origination rose until 2006 when household debt was 100% of US GDP, causing rising interest rates making refinancing difficult and drop of housing prices and 1.3 million housing projects were on forecl osure in 2007, the crash had began. The proceeding days would be so tough for banks and other financial institutions owing to bank runs and collapse including certain governments that depended so much on foreign market loans. The crisis could have been prevented through a reduction in the bailouts or the expectation of bailouts by firms since set precedence for firms to invest in risky activities. This is because when these activities are successful; the investors benefit, but in case of failure, there are bailout by the government. Having a law holding each person responsible for the risky actions that led to the