Debt crisis in europe Essay Example | Topics and Well Written Essays - 1500 words

Debt crisis in europe - Essay Example In October 2009, the beginning of the global financial crisis in addition to Greece public debt admittance, glimmered shock throughout global markets as the full extent of Euro zone debt levels occurred (3). This paper will analyze the causes of this debt crisis, possibility of its persistence, its implications as well as some mitigation measures to curb the crisis. In May 2010, Greece became the first EU country to get assistance from EU and the IMF worth 110billion Euros. Some of the Greece greatest matters that have continuously led to debt crisis have been its high level of public debts and its augmented budget shortfalls. In the year 2001, Greece already had a public debt beyond 100% of GDP, when it was joining the Euro. The adoption of the euro currency facilitated more approving terms for the refinancing of government debt, and the augmented GDP growth. However, Greece faced certain limitations, for instance impossibility to diminish the currency due to being members of the euro zone, and the lack of aggressiveness of its economy partially because of over hiring and overpayment in the public domain (Minescu, 99). In Italy, the global recession tightly shook trade activities, credit as well as trade confidence. The global decrease in demand reduced Italy’s sales overseas, constricting Italy’s private expenditure and productivity. In addition, the country’s joblessness rate persists to be the lowest amongst Europe’s debt-ridden nations. However, terror of adverse market reactions has restricted Italy’s capability to use economic policy to encourage its economy. By the year 2010, the general public debt increased to approximately 116.7% of GDP (Sandoval et al, 7). In Ireland, the global financial crisis hit the country in a very different way from the other affected countries. In Ireland, there was no compound plagiarism or the shadow banking systems. In the past decade, Ireland became a country of property developers and that is the only

Methamphetamine Abuse Essay Example | Topics and Well Written Essays - 11250 words

Methamphetamine Abuse - Essay Example It is also a belief that chronic abuse of the drug would eventually lead to profound reduction in the gray matter of the brain. There are many associated health risks reported with methamphetamine abuse, some of which are risky sexual behavior, social and family problems, and drug induced psychosis (Murray, 1998). Quite as expected, methamphetamine is a popular drug of abuse with limited role as a licit therapeutic agent only in certain indications (Gibson, Leamon, & Flynn, 2002). Due to growing problem of methamphetamine abuse, there is increased demand of the drug, and in many parts of the United State, there are illegal indigenous methamphetamine synthesis laboratories to meet this demand, which hardly follow any safety protocol (Topolski, 2007). People working in these facilities are exposed to increased risk of occupational hazards. There are also reports of increased industrial accidents in these manufacturing units. It has been reported that methamphetamine abuse, manufacturing, control, and accidental or unintentional exposure, all have been associated with health hazards, which have grown into a significant public health problems with no easy solutions (Spoth, Clair, Shin, & Redmond, 2006). On the other hand, there is quite a volume of research in this area with abundant information. Therefore, it would be prudent to undertake a research in this area with the aim of finding solutions to these problems associated with methamphetamine. In order to be able to understand the problem better, it is felt that this problem should be studied in greater detail right from its roots. If involvement in illegal drug manufacturing leads to inordinate exposure with potential and real health risks (Lazarou, 2008), then the root is at the social and economic drivers of the illegal manufacturing of methamphetamine, almost to the extent of household small scale industry dedicated to production of street drugs. Drug abuse of any kind is associated with criminal activities of trading with tremendous fiscal implications (Cartier, Farabee, & Prendergast, 2006). Therefore identification and characterization of the problem need an analysis of the epidemiological details of methamphetamine abuse, since solutions for the epidemiological factors may lead to decreased abuse and demand. If the demand is less, there would be less production as expected, and this may curtail the occupational hazards associated with methamphetamine manufacturing units (Tunnell, 2006). Thus the objectives of this research are to study and critically review information on methamphetamine abuse history and epidemiology, processes and materials employed in the manufacturing of illegal methamphetamine, so an analysis of hazards and risks for the first responders and public associated with such illegal laboratories