Friday, September 4, 2020

JPMorgan Chase & Co Essay Example | Topics and Well Written Essays - 1250 words

JPMorgan Chase and Co - Essay Example This examination shows that a developing number of customers are relying upon their nearby banks to meet their protection needs. (Dewett and Chand, 449). The examination incorporates a positioning of the main 50 bank holding organizations based on the outright dollar measure of all out protection income (profit from deals and guaranteeing) and based on absolute protection income as a level of the foundations complete noninterest salary. (Dewett and Chand, 449). The enthusiasm for this market keeps on expanding, and JP Morgan and Chase proceeds to reep the advantages. Besides, JP Morgan and Chase is developing its client base through Internet banking. Web banking is done rapidly. Web innovation has changed the social, money related and financial structure of the world by and helped the financial business enhance proficiency. The utilization of microprocessing chips empowers a PC to play out a few million tasks for each second. Web banking is speedy and individual. The Internet and electronic trade are absolutely changing the banking and monetary administrations industry by offering advantageous administrations that set aside almost no effort to purchase. At a solitary site on the Internet, a client might have the option to get to data and deal with his money (Perin). He might not need to visit the physical bank. With a couple of snaps of a mouse, the client may deal with his funds on the Internet with speed that is unique to the bulky procedure of visiting the bank, meeting individuals, mentioning to them what he needs, and completing his work. He might not need to leave his office to go to a bank and particularly for a personal business, he may even access his Internet bank late around evening time without trusting that the morning will accomplish his work. Putting money on the Internet sets aside clients time and cash (Perin). Web banking destinations offer basic favorable circumstances over physical branches. The accommodation of nonstop access of the Internet bank from

Tuesday, August 25, 2020

Sistine Chapel Essay Example

Sistine Chapel Essay The Frescos in the Sistine Chapel Michelangelo was an astonishing painter and stone carver, who had an effect on the Renaissance Era. The Renaissance centered huge energy towards human expressions, religion, and individual experience and advancement. The Renaissance Era came after the Middle Ages, which had a totally different way of life and distinctive craftsmanship procedures and attributes. The Middle Ages was a dim, discouraging time where workmanship had next to no significance outside the craftsmanship in the congregation. As Italy advanced from the Middle Ages into the Renaissance, explicit consideration was put on humanism, authenticity, a change in workmanship, and an alternate spotlight on scriptural perspectives that would perpetually describe this timeframe as observed in Michelangelo’s work, The Sistine Chapel. With Michelangelo living during the Renaissance, humanism and authenticity affected how he painted, and what calling he picked. Michelangelo’s father, Ludovico Buonarrotiwith, was a Florentine authority with solid associations with the Medici family. In his youth, Michelangelo was continually around the Medici family, and encircle himself with humanists like Marsilio Ficino and Angelo Poliziano, which affected his perspective. Humanism is a way of thinking or practice that centers around how incredible people can be. Man should pick up the most information conceivable, and become the best they can be truly and intellectually. Humanism is tied in with contemplating, getting the hang of, thinking, and getting better as a man. Obviously grasping the possibility of humanism, Michelangelo painted each character as solid and impeccable. We will compose a custom article test on Sistine Chapel explicitly for you for just $16.38 $13.9/page Request now We will compose a custom article test on Sistine Chapel explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom article test on Sistine Chapel explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer Each human painted on the dividers of the Sistine Chapel has etched muscles, with clear six-pack chests and abs. Michelangelo delineates how people are the best thing God has made, and depicts them as incredible. The human body is considered the â€Å"noblest living form† by humanist, and people have maximum capacity truly and intellectually. Humanism makes an all inclusive man who is mentally and truly astounding and who is consistently good and righteous. On the dividers of the Sistine Chapel, the authenticity of people is portrayed with scenes brimming with human feeling and articulation. Grasping the â€Å"Enlightenment† by investigating his reality around him, Michelangelo moved away from a static, dead workmanship style to one that featured human sentiments and development. Authenticity as of now prompted the later Realism of the nineteenth century, where the significance of the conventional man turned into the focal point of craftsmanship. During the Renaissance, the possibility of articulation and feeling penetrated the way of life changing the people’s perspective and furthermore the craftsmanship. Michelangelo’s Sistine house of prayer outlines identify with Biblical stories, and show even more a characteristic and real human point of view. The new style of craftsmanship in Michelangelo’s life allowed him the chance to paint the Sistine Chapel in an exceptionally regular and genuine manner with all the emphasis on man. In the medieval occasions, craftsmanship was dynamic, dull, and overwhelming. Craftsmanship was seen with a totally alternate point of view. The medieval time was not centered around work of art, and individuals from the high society were not ready to pay for craftsmen to paint. Most craftsmen worked for the congregation in light of the fact that the congregation was the one in particular who might pay. The congregation needed workmanship managing Christian angles, so most craftsmanship was strict. Medieval craftsmanship regularly didn’t use concealing as an apparatus to upgrade artworks. The craftsmanship was ordinarily not very bright, and was frequently exceptionally dull. Not at all like Michelangelo’s take a shot at the Sistine Chapel, Medieval workmanship was not centered around human characteristics. During the Renaissance, numerous high society residents had an unexpected enthusiasm for craftsmanship, and a large number of them would recruit craftsmen to paint for them. With the new enthusiasm for workmanship, new styles were framed, making increasingly novel styles and better approaches for speculation. With the change to the Renaissance workmanship style, Michelangelo’s demonstrated the body in development, and showed the idea of people. Michelangelo utilized new strategies like viewpoint and more detail in people to make his frescos progressively enthusiastic to the watcher. He represented characters with practically zero attire, which was not a style in medieval workmanship. His artistic creations on the dividers are an extraordinary case of the Renaissance workmanship, and show the advancement, and how far craftsmanship came in such a snappy time. The Sistine Chapel is home to one of the most renowned pictorial works of art at any point made. The dividers are stunning, and make such an astonishing Biblical nearness. Pope Julius II considered Michelangelo into Rome in plans to paint the Sistine sanctuary. He was attempting to remake after devastation in the city, and furthermore chipped away at fixing St. Peter’s Basilica. Michelangelo was reluctant to acknowledge the offer since he was more into figures, however he was left with no other decision yet to acknowledge. The dividers in the Chapel hold 9 scenes from Genesis, the main book in the Bible. The frescos show God isolating light and haziness, making Adam and Eve, and increasingly Biblical stories. Every human painted on the divider shows feeling and genuinely speaks to the narratives appropriately. Michelangelo utilized new Renaissance apparatuses and another Renaissance method of hinking to paint another style that has pulled in individuals from everywhere throughout the world. A normal of 10,000 individuals travel to see the Sistine Chapel daily. Michelangelo went through years getting ready for this assignment, and drew out every scene before it was painted. Each piece of the Sistine Chapel is normal actually, and show s to a greater extent a reasonable side to Bible scenes and individuals than past craftsmanship. Michelangelo was viewed as the best High Renaissance craftsman, alongside Leonardo Da Vinci. With the popularity he had, numerous residents would venture out to see his work. With the massive measure of watchers every day, it took into account more to see Christianity in a visual manner, and helped convert innumerable individuals. Individuals would have a solid association with his craft, and develop nearer to God with seeing such magnificence. Michelangelo’s work made another method of review Christian craftsmanship, and it permitted some to place more confidence in God. Pope Julius II got Michelangelo to paint the Sistine Chapel with the expectation that it would help reestablish Rome to its previous magnificence. Michelangelo’s difficult work paid off with its enormous prominence when he initially painted it, and that is still as solid today. Michelangelo is viewed as the â€Å"Renaissance Man,† and utilized his new styles and methods to represent such excellent scenes onto the dividers and roof of the Sistine Chapel. He utilized an undeniable and normal body to depict authenticity. He demonstrated each character with clear and solid muscles with next to no attire to show how solid and valiant people are. His style is extremely one of a kind and not quite the same as specialists who had preceded him. Michelangelo’s Sistine Chapel is still today an exceptionally excellent and stunning scene that helped separate current fine art from the medieval workmanship.

Saturday, August 22, 2020

Why Did William Win the Battle of Hastings Essay Sample free essay sample

In 1066 lord Edward the questioner passed on with no children to acquire the seat of England. this implied Harold Godwinson was delegated as ruler notwithstanding supposidly guaranteeing a revile to william that he would be the accompanying male ruler. Anyway harold confronted his place being jeportised on the grounds that two other decided juvenile work powers other than needed to be King. These work powers were Harald Hadrarda and William of Normandy. Britain was one of the welthiest and most powerfull state known to mankind and every one of the 3 of these work powers were set up to make whatever it took to determine the Crown. The solitary way to make up ones psyche who was venturing out to be above all else was to arraign in strife. Harold and william both arranged there powers. First Harald hardra from norway invaided England with his viking armada and battled against harold godwinson at Stanford range. After the Battle of Stamford Bridge ( In which Harald had passed on. We will compose a custom paper test on For what reason Did William Win the Battle of Hastings? Paper Sample or on the other hand any comparative subject explicitly for you Don't WasteYour Time Recruit WRITER Just 13.90/page ) Harold had knowledge that william had in the end invaided and went down to Hastingss to fix to fight William. be that as it may, this was making a trip to be intense. both work powers were hopeless to be following King and at that spot could only be one victor. In my feeling the main ground to why william won was nailed to fortune. Harold eagarly foreseeing this to go on and he and his ground powers looked out for the sea shore solid and arranged for the Norman invaison. William was be aftering to jump on the sea shore and if this had happened Harold would hold butchered him. Luckily for William. the ocean was too much jerky to cruise over the channel thus William’s ground powers were trusting that the conditions will better before navigating. Fortunately for william Hadrada invaided up north and subsequently Harold went up north. Harold so battled a contention go forthing his ground powers in an a lot more fragile spot than prior. A significant ground to why harold destined was because of his ground powers was depleted and debilitated in Numberss. The contention of Stanford length was an awful 1 with the Norwegians declining to surrender untill the accompanying twenty-four hours were Hardras kid Olav consented to surrender himself and neer come back to britain. The arm so refreshed. a few beginnings guarantee that harold had an announcement with his ground powers asserting that ahrold had non shared the trophies of contention out sensibly. prehaps he had demanded keeping up the Viking armada which would hold been a huge

Medea Study guide character analysis Essays

Medea Study manage character examination Essays Medea Study control character investigation Essay Medea Study control character investigation Essay Article Topic: Medea Examining Character, strife, and topic in an emotional work. Medea By: YourNekoKittyCat Yellow Who is the hero? What attributes make that person complex-round and dynamic? Answer: Medea is the hero, from the start she was infatuated with Jason, he before long left her heart broken; chosing ravenousness over the young lady who spared his life twice. After that Medea got pitiful, it would develop within her, as she needed retribution to an ever increasing extent, each passing second was Just another idea about her scorn for Jason. Who is the foe? What is her or her inspiration? Is the enemy complex? Answer: Jason is the foe, his inspiration was cash, force, and popularity. He changes some of the time, being two-timing as in the story he said Do you imagine that Ive lost intrest in you, Medea, or that I truly care such a great amount about the pincess? Garbage! at that point saying Its past the point of no return for all that, presently that youve irritated King Creon. After Medea was cooperating. Another way he is mind boggling or a hero is Medea aved him, and he was greatful, conceivably enamored even, at that point discarding her after and before long detesting her. - Who are the level or static characters? How would you know? Answer: There are a couple of level/static characters, some of them are the Nurse, she kept on dealing with Medea even as she got malignant. Another would be the three ladies, they remained with Medea the entire time practically like back up. The coach remained the equivalent, as did Medeas children and the detachment.

Friday, August 21, 2020

Sports Medicine Essays - Psychology, Applied Psychology, Imagination

Sports Medicine Today in sports competitors persevere through numerous psychological and physical snags from that point serious condition. A considerable lot of the present best competitors work with sports analysts to assist them with taking care of the weights found in this serious climate. One inquiry that competitors pose is, the reason cant they play in defining moments just as they foresee themselves doing? Sports therapists feel that investing all their energy in body molding and athletic abilities won't guarantee that competitors arrive at their pinnacle execution. Through different investigations, therapists infer that the mind viewpoint must additionally be fit as a fiddle to boost the exhibition potential in sports just as instruction or maintaining a business partnership. Analysts presume that by adjusting athletic aptitudes, and making genuine developments more programmed, it will introduce a feeling of tranquility as competitors get ready for the weight of rivalry. They call this method guided symbolism. They utilize this method for the psychological part of central aptitudes. Clinicians suggest that competitors intellectually practice their occasions on the night before rivalry. With regards to sports, the triumphant edge all through the universe of sports may have less to do with quality and ability, and more to do with, what sports analysts call it, mental sturdiness. Sports analysts James Loehr, calls mental sturdiness, the capacity to deal with and even appreciate the mental weight of a serious circumstance. (Harry Hurt, 1996, p.12) Many of the present best competitors look for help from sports clinicians, in request to assist them with their general game. Negative musings and mental weight from serious minutes; make numerous interruptions for competitors who don't center mental pictures in their brains. A distinctive picture, is one that permits people to consider worry to be negative contemplations as a test, instead of a danger. Analysts help competitors in adapting to numerous snags that may happen, with the goal that when they get in a compelled predicament, they can respond rapidly to the circumstance. Before the 1992 Olympics sports clinicians James Loehr, invested a lot of energy intellectually setting up Jansen's brain to set significant standards, so he wouldn't rehash disappointment, as he encountered, in the last two Olympics. (Harry Hurt 1996, p.12) Mental weight majorly affects competitors' presentation also, singular capacity, instead of the physical state. Clinician attempts to set exclusive expectations for competitors to keep up balance and order. Competitors must make penances, in witch they need to follow steps all together to finish these assignments: first, unwind, and let your psyche supplant all the negative considerations with positive ones. Besides, gain from botches and make modifications. To accomplish extreme physical execution it is fundamental for one's brain and body work couple. The brain is a message community that permits the body to achieve anything it desires. Mentors and clinicians accept your brain decides, how quick, you can accomplish your objectives. Therapists feel as if, with out fearlessness in yourself, nothing truly matters, in light of the fact that in your heart and brain, your have as of now ordered your self as a disappointment! In Today's field of work, sports analyst are attempting to utilize various procedures to improve competitors' presentation. After extensive innovative work, clinicians concocted the accompanying discoveries: first, competitors who see distressing circumstances as a danger, produce hormones and synthetic substances in their body that can impede physical and mental execution. (Harry Hurt, 1996 p.12) Second, competitors who meet as a challenge make a surge of adrenaline and sugar inside their body. As indicated by clinical sources this is known as a characteristic high, which is liable for competitors surpassing in their exhibition. Moreover, James Loehr accepted that, the discoveries referenced above are hard to perform, however players that create self-restraint to invest in do it right, prevail in the games world, just as life when all is said in done. Artists, on-screen characters, proficient business administrators, runners, and competitors are distinctive as far as their size, briskness, suspecting capacity, development and different attributes related to this gathering. To be fruitful James Loehr has a few procedures that are actualize into their every day movement that will make them effective. As per all his explore, everything comes down to is, having the option to do these things methods on consistent bases and one execution will be much better than the normal individual will. These methods will give the fixings, so as to permit their mind to unmistakably observe the assignment before them. The primary procedure utilized by numerous analysts is called, supplant the torment. Competitors in different games frequently get discouraged and disheartened in view of the various parts of their athletic aptitudes that they can't achieve, as a result of exhaustion or agony. To defeat these deterrents sports analysts have competitors imagine long haul

Friday, August 7, 2020

African-American Drinking Patterns More Deadly

African-American Drinking Patterns More Deadly August 03, 2019 Getty Images More in Addiction Alcohol Use Binge Drinking Withdrawal and Relapse Children of Alcoholics Drunk Driving Addictive Behaviors Drug Use Nicotine Use Coping and Recovery In alcohol research circles, its known as the J-shaped curve. It demonstrates the relationship difference in mortality rates for non-drinkers, moderate drinkers, and heavy drinkers. In several studies over the years, moderate drinkers have shown a lower mortality risk than lifetime abstainers, while heavy drinkers show a higher mortality rate the both of the other two groups. If you chart the mortality rates of the groups along a scale from non-drinkers on the left, to moderate drinkers to heavy drinkers, the resulting chart would look much like the letter J. The Protective Health Effects of Alcohol What the chart is reported to show is the protective health effects of moderate alcohol consumption, particularly when the alcohol is red wine. This had led some researchers to speculate that it may be other ingredients in the red wineâ€"specifically resveratrolâ€"that holds the health benefits, rather than the alcohol itself. Regardless, here at the Verywell.com Alcoholism site, we have not reported on any studies that show any beneficial aspects of drinking alcohol. After all, its the alcoholism site, not the alcohol site. We wouldnt want to encourage anyone who currently is not drinking to take up the habit. No Protective Effect for Blacks Besides, there are some studies that dispute the findings of protective health effects of moderate alcohol consumption. One such study  found clearly that those beneficial effects do not extend to everyone, particularly African-American drinkers. University of Buffalo researchers, examining the drinking patterns and mortality rates of more than 2,000 African-Americans over a 20-year period, found that blacks experience no protective health effects from moderate alcohol consumption. No J-Shaped Curve for African-Americans One of the most discussed findings in alcohol epidemiology is the J-shaped curve, said Christopher T. Sempos, professor and director of graduate studies in the department of social and preventive medicine at the University of Buffalo. Essentially, what it tells us is that some kind of drinking is beneficial to health. In our study, however, this beneficial effect could not be found in African-Americans, even when using the same study where the beneficial effect had been found for whites, Sempos said. Binge Drinking Could Average as Moderate The Buffalo researchers believe that the pattern of drinking and preferences of the types of alcohol consumed that contribute to the lack of moderate drinking benefits for blacks. We believe that patterns of drinking - that is, the style of how alcohol is consumed - explain the differences between African-Americans and whites. For example, somebody can have an average moderate volume by drinking heavily once or twice a week. The researchers returned to results from the National Health and Nutrition Examination Survey which collected data from 14,407 adults age 25 to 75 during the years from 1971 to 1975, with follow-up surveys conducted in four waves extending to 1992. Drinking Larger Amounts per Session The NHANES Epidemiologic Follow-up Study (NHEFS) comprised 20 years of follow-up data. The Buffalo researchers examined the data from 2,054 African-Americans - 768 men and 1,286 women. This study clearly demonstrates an absence of a protective effect at lower volumes of consumption in a large sample of African-Americans followed over a long period of longitudinal follow-up, said Tom Greenfield, center director at the Alcohol Research Group. Given that the protective effect of the J-shaped mortality curve is seen in the same large NHANES/NHEFS study for white respondents, the absence of this effect in the African-Americans is striking. A study found that many African-Americans drank less often than whites, but often drank in large amounts when they did drink, compared to the white participants in the same study. The Culture Surrounding Types of Alcohol The researchers noted that all alcohol carries the same risks regardless of what type of alcohol it is because the content of ethanol is the same. But, they said, there are cultural differences in how some types of alcohol are consumed. For example, Sempos said, Grape wine is most often consumed moderately and regularly with meals. If consumed in irregular binges outside meals, however, the same amount of alcohol may be much more detrimental. In fact, such a drinking style has no beneficial health outcomes. We know that African-Americans have more binge drinking than whites or Hispanics. In addition, in some subgroups, such as those that are socioeconomically disadvantaged, special kinds of drinks like Malt Liquor that come in large serving sizes prevail. No Binge Drinking Decline Observed During the late 1980s and early 1990s, the United States experienced what the researchers called a drying trend during which frequent, heavy drinking declined among both white men and women. The same declining trend was not seen among blacks and Hispanics. Other studies have found that blacks and Hispanics suffer the consequences of larger containers and higher alcohol-content products that are marketed specifically to their ethnic groups, which has been linked to higher rates of cirrhosis among those groups, compared with whites. Focus on Drinking Patterns The Alcohol Research Group researchers suggest that prevention efforts focused on reducing the average consumption of alcohol focus instead on drinking patterns. For African-Americans in particular, said Greenfield, we need to develop evidence-based interventions, health messages and other prevention programs that will reinforce the acceptability of drinking in smaller amounts while emphasizing the health and social harms of drinking larger amounts.

Tuesday, June 23, 2020

Analysis of Greece and Germany Coursework - 1100 Words

Comparative Analysis of Greece and Germany economic status during the Euro crisis (Coursework Sample) Content: TitleNameÂÂClassProfessorInstitutionCity and StateDateComparative Analysis of Greece and Germany economic status during the Euro crisisThe European Union economy was hard hit by the great recession that started in 2008. This resulted in an economic decline of member states leading to a critic crisis management procedure (Vegh, 2014. p. 288). Little success was realized from the measures developed such that there was a common budgetary allocation and harmony of interests was achieved. There was no viable crisis management measure at the level of the European Union so member states formulated their own localized measures. The volatility of bond markets, economic efficiency of primary traders and investing parties led to the effectiveness of the developed measures. Greece and Ireland were one of the hardest hit countries in the recession while Germany was seen to withstand the unfortunate phenomenon.The case of GreeceStructural trouble in Greece economy was evide nt long before the crisis (Kentikelenis, Karanikolos, Reeves, et.al. 2014. P.748). Its case in the great recession is considered as the most severe of all European Union member states. This is evident in the close to 25% real GDP decline. During the recession period, Greece proved that the continued austerity packaging of large sizes could not be pushed through because of the political instability and social concerns and public debt that could not be paid back completely. The reason why Greece reported a severe case in crisis is because they entered into the great recession with high levels of public debts that amounted to 113% in 2008. This slowed down implementation of reform structures that were deemed necessary before the crisis.Greece government experienced great pressure on its budget with an annual deficit of over 5% between 2001 and 2005. In spite of the challenge, the government aimed at increasing economic growth. Greece faced a financial crisis, with a decline in inter-ba nk relations and confidence that ended credit liquidity and increased pressure because of lending to financial institutions (Popescu, 2012, 344). Numerous downgrading by credit rating agencies in early 2010, which caused political strife, tax evasion, inadequate service quality in the public sector and corruption. All these were some of the reasons that caused Greece to experience greater economic crisis during the recession period (Vegh, 201. P.302).Case of GermanyGermany survived the economic crisis of the European Union because they seemed better prepared compared to other member states. This was because of reunification in Germany, although it resulted in a period of weak economic growth. The financial and structural reforms legislative authority still pays dividends to date. Germany began a mission to grow and reduce deficit through structured labor reforms in the market. They embarked on this in the early 2000à ¢Ã¢â€š ¬s and they experienced a reduction in income taxes and ex ecuted vital labor reforms to improve incentives and increase productivity in manufacturing industry (Boccia, 2014, para. 3).Germany reduced cost of pension in public programs, regulatory retirement age, terminated early retirement provisions and changed pension payment calculations. Germany also cut public sector payments and decreased subsidies in the industry. This reform gave Germany a significantly strong foundation it required to stand the economic collapse. This way, they were able to keep a good budget, which made them to be in a better position as compared to the countries that did not enact relevant reforms.Germany also survived the recession because it reduced unemployment through Kurzarbeit, which is a state subsidy that compensated part of lost remuneration for workers who were affected by reduced cyclical demand. This was in a bid to encourage employers to maintain trained personnel in order to recover production rapidly and consequently to recover demand. Germany also kept the workers during the recession period as opposed to laying them off (Boccia, 2014, para. 9). This ensured continued production in industries to respond to the growing demand when the economy improved. Germanyà ¢Ã¢â€š ¬s preparedness before the recession and the market reforms they implemented during the crisis period proved to be successful.The case of IrelandIreland is one of the European members stated that was first to fall victim of the great recession. Long before the crisis, Irelandà ¢Ã¢â€š ¬s economy proved to be vulnerable, yet in previous years it had been one of the best performing countries in the union. In 2006, before the recession in 2008, real estate prices had fallen, which caused a collapse in the construction sector. Ireland was in desperate need of social expenditure that resulted in a fall in its competitiveness. Their economic growth before the crisis was accredited direct foreign investment and production of exports. These factors of growth were vu lnerable and when the recession erupted, foreign capital reduced significantly. The entire economy was affected by the retreat of the banking system, which caused 1.7% annual GDP declination (Vegh, 2014, p. 229). Ireland lack of preparedness for the crisis and dependency on foreign investment and export for economic growth are some of the major reasons why they were severely affected by the European crisis.Comparative analysisThe Euro crisis affected the European Union member states in different degrees. Greeceà ¢Ã¢â€š ¬ economy was one of the significantly affected. Although Germany is a member of the European Union, they seemed to survive the crisis. The difference is because of the measures the country ha... Analysis of Greece and Germany Coursework - 1100 Words Comparative Analysis of Greece and Germany economic status during the Euro crisis (Coursework Sample) Content: TitleNameÂÂClassProfessorInstitutionCity and StateDateComparative Analysis of Greece and Germany economic status during the Euro crisisThe European Union economy was hard hit by the great recession that started in 2008. This resulted in an economic decline of member states leading to a critic crisis management procedure (Vegh, 2014. p. 288). Little success was realized from the measures developed such that there was a common budgetary allocation and harmony of interests was achieved. There was no viable crisis management measure at the level of the European Union so member states formulated their own localized measures. The volatility of bond markets, economic efficiency of primary traders and investing parties led to the effectiveness of the developed measures. Greece and Ireland were one of the hardest hit countries in the recession while Germany was seen to withstand the unfortunate phenomenon.The case of GreeceStructural trouble in Greece economy was evide nt long before the crisis (Kentikelenis, Karanikolos, Reeves, et.al. 2014. P.748). Its case in the great recession is considered as the most severe of all European Union member states. This is evident in the close to 25% real GDP decline. During the recession period, Greece proved that the continued austerity packaging of large sizes could not be pushed through because of the political instability and social concerns and public debt that could not be paid back completely. The reason why Greece reported a severe case in crisis is because they entered into the great recession with high levels of public debts that amounted to 113% in 2008. This slowed down implementation of reform structures that were deemed necessary before the crisis.Greece government experienced great pressure on its budget with an annual deficit of over 5% between 2001 and 2005. In spite of the challenge, the government aimed at increasing economic growth. Greece faced a financial crisis, with a decline in inter-ba nk relations and confidence that ended credit liquidity and increased pressure because of lending to financial institutions (Popescu, 2012, 344). Numerous downgrading by credit rating agencies in early 2010, which caused political strife, tax evasion, inadequate service quality in the public sector and corruption. All these were some of the reasons that caused Greece to experience greater economic crisis during the recession period (Vegh, 201. P.302).Case of GermanyGermany survived the economic crisis of the European Union because they seemed better prepared compared to other member states. This was because of reunification in Germany, although it resulted in a period of weak economic growth. The financial and structural reforms legislative authority still pays dividends to date. Germany began a mission to grow and reduce deficit through structured labor reforms in the market. They embarked on this in the early 2000à ¢Ã¢â€š ¬s and they experienced a reduction in income taxes and ex ecuted vital labor reforms to improve incentives and increase productivity in manufacturing industry (Boccia, 2014, para. 3).Germany reduced cost of pension in public programs, regulatory retirement age, terminated early retirement provisions and changed pension payment calculations. Germany also cut public sector payments and decreased subsidies in the industry. This reform gave Germany a significantly strong foundation it required to stand the economic collapse. This way, they were able to keep a good budget, which made them to be in a better position as compared to the countries that did not enact relevant reforms.Germany also survived the recession because it reduced unemployment through Kurzarbeit, which is a state subsidy that compensated part of lost remuneration for workers who were affected by reduced cyclical demand. This was in a bid to encourage employers to maintain trained personnel in order to recover production rapidly and consequently to recover demand. Germany also kept the workers during the recession period as opposed to laying them off (Boccia, 2014, para. 9). This ensured continued production in industries to respond to the growing demand when the economy improved. Germanyà ¢Ã¢â€š ¬s preparedness before the recession and the market reforms they implemented during the crisis period proved to be successful.The case of IrelandIreland is one of the European members stated that was first to fall victim of the great recession. Long before the crisis, Irelandà ¢Ã¢â€š ¬s economy proved to be vulnerable, yet in previous years it had been one of the best performing countries in the union. In 2006, before the recession in 2008, real estate prices had fallen, which caused a collapse in the construction sector. Ireland was in desperate need of social expenditure that resulted in a fall in its competitiveness. Their economic growth before the crisis was accredited direct foreign investment and production of exports. These factors of growth were vu lnerable and when the recession erupted, foreign capital reduced significantly. The entire economy was affected by the retreat of the banking system, which caused 1.7% annual GDP declination (Vegh, 2014, p. 229). Ireland lack of preparedness for the crisis and dependency on foreign investment and export for economic growth are some of the major reasons why they were severely affected by the European crisis.Comparative analysisThe Euro crisis affected the European Union member states in different degrees. Greeceà ¢Ã¢â€š ¬ economy was one of the significantly affected. Although Germany is a member of the European Union, they seemed to survive the crisis. The difference is because of the measures the country ha...