The Impact of Steady Increase in the Interest Rate in the UK Coursework

The Impact of Steady Increase in the Interest Rate in the UK - Coursework Example These effects caused by a low inflation, low interest, but highly tax economy are the outcomes that are current and continuing to thwart economic competitiveness and equilibrium across the UK manufacturing base. This assignment, therefore, seeks to consider some of the reasons for the causes and effect of an increase in interest rates that are now providing causal effects across the economy. In particular the economy of the USA, that has been a focus of concern across financial sector industries in the UK. Commenting on the effect that world interest rates have on domestic interest rates, Mr King said that: â€Å"We look at the balance between demand and supply, we ask ourselves what goes into that balance and there is no doubt that what is happening in the rest of the world is a key input into that assessment. However, the way in which overseas interest rate changes affect our judgment is solely as an input into that judgment.† â€Å"†¦all central banks are very clearly focused on meeting their own price stability objectives. Of course, they take the rest of the world into account, but they do not say ‘Oh gosh, Jean-Claude has put up interest rates, perhaps we ought to keep up with him’; it is not like that† (House of Lords 2006 p.10). Therefore, the economics of equilibrium is a force that has to be recounted in that the elasticity of the economy is a crucial aspect of financial housekeeping in all World economies and despite the fact, an economy must predominately consider its own fiscal policies, rather than being affected by other economic decisions.

Management of underperforming surgical trainee Essay

Management of underperforming surgical trainee - Essay Example Work place based assessment 15 Annexes: Forms template Foreword The purpose of this handbook is to provide a guide for the clinical supervisor in the performance of his/her duties in the hospital. This is designed to give the supervisor with resources and models for the supervision work and to orient the supervisor on the clinic supervision program. This is also a manifestation of our expressed commitment to provide students with excellent academic preparation. The materials contained in this manual are not intended to substitute existing ones, but rather to supplement the information. Relevant forms are attached for supervisor’s use. The Clinical Supervision The clinical supervision is a professional preparation. The experience gathered in this exercise provides the student with an opportunity to carry out professional responsibilities. The clinical supervision allows the student to integrate the academic theories learned from school to actual practice under the guidance of a clinic supervisor Clinical Supervision is defined as â€Å"formal process of professional support and learning that enables individual practitioners to develop knowledge and competence, assume responsibility for their own practice, and enhance patient protection and safety of care in a wide range of situations (â€Å"clinical supervision†). ... Shared clinical responsibility ensuring that the client’s treatment goals are addressed. A rigorous process that ensures ethical and legal responsibility. An individualized approach based on the learning needs and style of the supervisee. Congruence with the values and philosophy of the agency. Adopted from: Part 2, Chapter 2, NCBI Resources The Clinical Supervision Defining the characteristics of an Effective Clinical supervisor a. The Clinical Supervisor’s objectives The clinical supervisor’s foremost objective is to establish a positive supervisor-supervisee relationship that promotes client’s welfare a nd professional development of supervisee. The Clinical Supervisor has a well rounded personality as he acts as a teacher, coach, consultant, mentor, evaluator and administrator (TIP 52). The Clinical Supervisor has the following objectives in doing his jobs: 1. To help the less experienced worker improve his/her skills. 2. To ensure that patients receive the best medical care . 3. To have e clear contract of expectations, ongoing review and feedback; and a commitment to professional developments. These objectives will be discussed more thoroughly in succeeding sections of the manual. The Clinical Supervisor b. The Clinical Supervisor’s Duties and Responsibilities Responsibilities The clinical supervisor is committed to work with other departments in order to provide an outstanding customer experience. The role calls for coordinating management and clinical activities. Responsibilities include the following: Staffing Budgeting Personnel management Staff development Occasional clinical coverage and weekend house supervision Source: