Monday, February 24, 2020

Dementia training for carer and family Essay Example | Topics and Well Written Essays - 2000 words

Dementia training for carer and family - Essay Example The second category comprises of evident challenges in the performance of personal activities that define an individual’s life. The third category is an evident mood change or alterations in one’s personality a factor that adversely affects interpersonal functioning. Many cases of dementia have been described as irreversible hence, patients suffering from dementia need proper management of the condition. One of the leading causes of dementia is the debilitating effect of the Alzheimer disease which triggers the deterioration of different body systems. Other causes of dementia include Down’s syndrome, vascular dementia and Lewy body diseases. The chances of developing dementia are remarkably higher in old age although aging is not a contributor to its development. Research has revealed that people of over 65 years are more vulnerable to developing dementia. This paper will discuss certain critical aspects of dementia training for carer and family. The current service provision to patients suffering from dementia depends on the stage of the condition. Dementia progresses in three stages with the initial stage being characterized by anxiety, confusion, agitation and stress. The middle stage of dementia has features such as increased distress, aggressiveness, frustration, and forgetfulness. The final stage denotes the completely debilitated state which is defined by memory loss in continence, uncontrolled weight loss, cognitive in deficiency, and finally the loss of speech. There is evidence that, the prevalence of dementia has sold in the recent years, but there is a lack of evidence of adequate intervention strategies. The health care system and the social service unit have failed to give dementia the expected priority. There are an estimated 560,000 people likely to develop dementia in the United Kingdom. Research reveals that the numbers of people developing dementia are likely to increase in the future. There is a

Friday, February 7, 2020

The Lost Decade Essay Example | Topics and Well Written Essays - 2000 words

The Lost Decade - Essay Example As a result, there was trade surplus and increased liquidity for banks thus making credit easily available and cheap. There was also increase in asset prices such as; real estates, stocks and land. Banks used excess liquidity to lend loans backed by real estates or land as collateral and when eventually the ministry of finance raised interest rates in 1989, the asset bubble burst resulting in the collapse of the financial markets and economic growth stagnation. There are several factors which can be attributed to the recession. Some scholars like Ito believe that the situation could have been avoided if only the government had taken measures urgently. The Bank of Japan (BOJ) and ministry of finance(MOF) and Japanese banks took a long time to acknowledge the existence of the problem hence took long to respond and this led to worsening of the problem (Saxonhouse & Stern, 2004). Increased speculation is also viewed as a contributing factor to the lost decade. Due to high prices of land, stock and real estate, banks thought that the prices would continue to rise thus instead of reinvesting the excess liquidity, they loaned it with real estate as a collateral without foreseeing any risks. As prices continued to increase, the companies continued to acquire more loans backed by assets and invested in stocks and securities and the banks offered loans without considering creditworthiness of the loanee. By the time the bubble bust, most banks had little or capital reserves (Callen & Ostry, 2003). Callen and Ostry (2003) observe that the economic slowdown was a result of massive savings due to demographics of aging population. This resulted in over reliance on traditional bank loans as opposed to issue of stocks and bonds in the capital market to acquire additional financing. The relationship of banks and corporations led to lowering of lending standards leading to increased risks. The shareholders of commercial banks were mutual life insurance companies which were manage d by representatives selected by the management hence there was no regulations to operate efficiently. The banks therefore were lending money without a profit maximization motive thus increased lending risks. The MOF had also undergone deregulation hence was not providing the banks with regulatory rents hence they turned to small and micro enterprises and gave the loans against real estate collateral at low interest rates (Syed et al. 2009). The government institutions were getting annual subsidies and hence were not keen on making profits hence lack of control in lending activities. The government response policy in 1997 of increasing consumption tax is the reason for continued crisis which had already began to ease (Syed et al. 2009). The government underestimated the depth of the crisis and began strategies to reduce budget deficits by increasing consumption tax. This resulted in increased consumption of durable goods by consumers as they speculated the increase leading to inflat ion (Nanto, 2009). The community banking model of Japan also prolonged the crisis since the banks were reluctant to write-off non-performing loans and instead opted to continue lending to defaulters. The increase in interest rates in 1989 by the MOF led to the bursting of the bubble. The impact was felt not only by the banking system and other financial