Bank Indonesia Personal Statement Example

State bankers felt the central bank's influence frustrated their ability to function.” (Independence

2008 Economics Noble Prize winner and Princeton University professor, Paul Krugman, translates the roots of modern and prior financial crisis economics. In his book, The Return of Depression Economics and The Crisis of 2008, Krugman first educates the reader of historical and foreign financial crises which allows for a deeper understanding of the modern financial system. The context provided from the historical analysis proves to be a crucial prospective in such a way that the rest of Krugman’s narrative about modern finance continually relates back to the historical analysis. From there, Krugman analyzes and updates his prior studies done on the Asian financial crisis. He then applies his knowledge from historical events to the modern day financial struggles and argues his opinion about how and why our financial world operates the way it does. Krugman explains his perspective that the world believed that depression economics was no longer a problem, however the Asian crisis, Japan 's liquidity trap and the Latin American crisis having acted as warning signals to modern market struggles. Thus he says that this subject needs further examination and more resources should be poured into it. For Krugman, Depression Economics is still a relevant problem and should be further studied.

For this assignment I picked “the role of the Federal Reserve” a mere recital of the economic policies of government all over the world is calculated to cause any serious student of economics to throw up his hands in despair (pg, 74). The Federal Reserve is now in the business of enforcing the United States government’s drug laws, even if that means making a mockery of both state governments’ right to set their drug policies and the Fed’s governing statutes. A Federal Reserve official who played a key role in the government 's response to the 2008 financial crisis says the government should do more to prevent a repeat of that crisis and should consider whether the nation 's biggest banks need to be broken up. Neel Kashkari says he believes the most major banks still continue to pose a "significant, ongoing" economic risk. The next ten years will see an explosion of government debt and an implosion of government’s ability to fulfill its promises. Any economic or investment model based on past performance under previous economic conditions will be worthless just as useless as the Federal Reserve’s models.

Due to my advertising background and my multimedia degree, I am experienced with the use of Adobe Suite PC or Mac base and proficient in other equivalent software. It is necessary to be attentive to format requirements when producing a variety of advertising and marketing material. Examples of these has included graphic tutorials, PowerPoints to for GCSE work all supported by work sheets. Designed and built a variety of websites, sustaining their contents. Produce artwork for exhibition panels and literature to showcase departments. Take photographs and film of events to produce movies. Create a collection of material to be shown on the in-school TV’s to encourage enrichment activities.

In the course of my years as an undergraduate student in Rutgers University – Newark, I maintained a full-time work schedule as well as a full-time school schedule. Not only did this provide me with a strong work ethic, but I was also able to develop a strong academic foundation as well. In the years that I spent working as a customer service representative for TD Bank, I was able to steadily involve myself with a large group of diverse people. During my career with TD Bank, I witnessed disagreements and arguments amongst employees which presented to become a problem all throughout our branch. All through this difficult time, I actively attempted to alleviate any and all complications. I maintained and promoted a positive and healthy work environment by persuading coworkers to try to understand the miscommunication that had developed amongst them. I also worked closely with my human resources department to understand the root cause of the problems, and assisted in finding a solution by maintaining the trust and confidence of my coworkers.

The Federal Reserve System is the most powerful institution in the United States economy. Functioning as the central bank of the United States, acting as a regulator, the lender of last resort, and setting the nation’s monetary policy via the Federal Open Market Committee, there is no segment of the American economy unaffected by the Federal Reserve [endnoteRef:1]. This power becomes even more substantial in times of “unusual and exigent circumstances,” as Section 13(3) of the Federal Reserve Act gives authority to the Board of Governors to act unilaterally in lending and market making operations during financial crisis[endnoteRef:2]. As illustrated by their decision making in the aftermath of the 2007-2008 Great Recession,

I understand Capital One is seeking motivated interns with strong leadership, problem-solving, and communication skills. As a highly involved engineering student, I would be a perfect candidate. I am currently studying petroleum engineering with a minor in finance and have become very interested the use of quantitative analysis to make business decisions.

The financial crisis that happened during 2007-09 was considered the worst financial crisis in the world since the great depression in the 1930s. It leads to a series of banking failures and also prolonged recession, which have affected millions of Americans and paralyzed the whole financial system. Although it was happened a long time ago, the side effects are still having implications for the economy now. This has become an enormously common topic among economists, hence it plays an extremely important role in the economy. There are many questions that were asked about the financial crisis, one of the most common question that dragged attention was ’’How did the government (Federal Reserve) contributed to the financial crisis?’’

I established and founded 1506 in 2017. Having a 20 year background in business and currently a Certified Stress Management Coach , I decided at first to use 1506 as a platform for adversity and surviving it.  Then during a pivotal point in my life, figured its to grand to be boxed into those categories. 1506, means to me , to survive , to achieve ,and stand on purpose with the foundation of faith.

Certain I want to work with neurologically impaired children with a training in pediatric neurology targeting cognitive, behavioral developmental disorders, my residency interests are to concentrate on pediatric developmental difficulties and neurological maladies created by innumerable unknowns: a long underserved, complex arena with multiple intersecting facets.

My desire for Real Estate and the interest in staying in the field for the long-run have brought me to a pivotal point in my career both academically and professionally where the next logical step forward in my life is a Master’s degree in Real Estate.

In a recent article in Bloomberg, reporter Jeannine Aversa gives some history and advice for Ben Bernanke, Fed Chief from Ben Bernanke the scholar.

Measuring independence was quite different among papers. And across various measures of independence the results might not be analogous. Indeed, there are different measures of Central Bank Independence. Two of which are De Jure and De Facto. Implicitly according to Pollard (1993) and Cargill (2013) De Jure means concerning law and De Facto means concerning fact. In particular, these terms are used to characterize legal or political positions. Many researchers relied on De Jure approach and cardinal measures. However, Cargill (2013), Pollard (1993), and Parkin (2013) highlighted that De Facto and ordinal measures are indeed more precise and appropriate in measuring independence. The close relationship between the central bank and the

I am interested in the practical results of research as much as its theoretical values. I am fascinated by the intersection of finance and foreign and public policy. Over the last three years, I had the chance to contribute to the policies made and implemented by the US government in the areas of economic sanctions and the fight against terrorism financing and international illicit finance. I also would like to be involved in the public policy discussions and decision makings related to the domestic finance topics. I am applying for this position because the research capacity of [NAME OF THE SCHOOL] in my fields of interest provides me the chance of collaborating with top researchers in these fields. I hope that while I benefit from the faculty members’ knowledge and experience, they will also benefit from my hard work and previous experience in transforming academic research to actionable policy ideas and recommendations and successfully communicating those recommendations to the media and policy makers. The [SCHOOL’S] proximity to the financial markets in New York and policy making centers in Washington DC make it an ideal place for the kind of research I am interested in.

When I was doing research for the Project on the Japan’s lost decade, I have come across news articles discussing the change in administration of the Bank of Japan. There are discussions on how Abe Shinzo, the newly elected prime minister, has forced the Bank of Japan to adopt a more aggressive monetary policy. When I first read about these news, I can’t help but felt sorry for the current governor Masaaki Shirakawa. By constitution, BOJ is independent from the government. He should be answering to no one except to the Policy Board of the BOJ. But lately, Mr. Abe has forced the BOJ to bend towards what he demands. He even threatened to strip BOJ of its independence if it