Essays on Arnone

Today’s ageing Workforce and Labor Shortages

Canada is witnessing a change in its work force – the percentage of workers aged above 45 has changed from 27% in 1993 to 40% in 2010; a phenomenon that is compelling the experts to re - examine the common beliefs about an aged work force. The Canadian demography is heading towards an increase in senior population with its baby boomers – those born between 1946 and 1965(Parkinson, McFarland & McKenna, 2015), reaching retirement age. Parkinson et al, (2015) predict serious implications on the Canadian economy, Government policies and the well being of Citizens unless significant adjustments are made to address ...

Arnone notes that planning for retirement has become more important today because many employers have moved away from the defined benefit pension plan to a defined contribution plan (p.3). This means that employees are tasked with the responsibility of ensuring that they save enough during their working life in order to have sufficient savings to meet their post-retirement expenses. Some of the common mistakes individuals take when planning for retirement is to overestimate how much they will receive from the social security or underestimate how long they will live (Arnone 5). Another major mistake individuals planning for retirement make ...

PROBLEMS IN THE REGULATION AND SUPERVISION OF INTERNATIONAL BANKS AND NONBANK FINANCIAL INSTITUTIONS

INTRODUCTION The banking and non-banking financial institutes have witnessed both growth and change in the functioning practices across the globe. Many economies have suffered severe financial crisis due to the global economic recession. It has disrupted the economic activities. The risk management teams and policy makers have focused their attention towards redefining the regulation and supervision practices of international banks and non-bank financial institutions. The objectives of these practices are to ensure stability and growth in the financial practices. This report will focus on highlighting the changes in the regulatory practices which have been implemented on both ...

Forum 1 Chemical Attacks

- How has the Japanese terrorist group Aum Shinrikyo had a significant effect on counter-terrorist preparedness against chemical and biological weapons in the United States? The group pretended to be a religious organization communicating their theories through biblical messages. In such a way countries were not initially suspicious of them as being terrorists, but a religious cult. However, when they were discovered, the group produced the most dangerous devices of mass destruction ever manufactured in the world. They made the sarin gas, which they secretly released in a Toyo subway attacking five trains. Subsequently, a total of 5, 000 people were injured, with 15 ...