Replacing Core Banking for ADIB Dissertation Example | Topics and Well Written Essays - 13000 words

Replacing Core Banking for ADIB - Dissertation Example This has been done in the dissertation through a focus on competitive advantage and knowledge management tools, which may be used in order to understand the needs of a globally changing environment within which the banking industry thrives today. The SOA, on the basis of the model put forth, can undergo further research so as to be revolutionized as a more need sensitive solution to various core banking needs. Apart from this, there is a vast scope for research into greater employee motivation as well as consumer satisfaction, both of which can come to herald banks as brands in themselves. As a service oriented field, the banking sector and the ADIB bank in particular can benefit greatly from such research. Literature Review This chapter reviews the literature that is being used as regards Core Banking Solutions. In order to do this, the researcher has made use of the previously available work also known as secondary research on the subject along the following technicalities: Relevance to subject Logical flow of information In context of research methodology and overall problem of the dissertation. To begin with, it is imperative to understand the meaning and importance of a literature review to any dissertation. A piece of research is incomplete without adherence to the work previously conducted on the subject. A researcher cannot move forward or find a fitting basis for research unless he or she regards the work of scholars who have dabbled in the field previously. Yet, in today's age of information and knowledge, it may be seen that it has become more important than ever to keep an eye on including literature that pertains directly to the analysis and findings of the subject... This chapter reviews the literature that is being used as regards Core Banking Solutions. In order to do this, the researcher has made use of the previously available work also known as secondary research on the subject along the following technicalities: - Relevance to subject - Logical flow of information - In context of research methodology and overall problem of the dissertation. To begin with, it is imperative to understand the meaning and importance of a literature review to any dissertation. A piece of research is incomplete without adherence to the work previously conducted on the subject. A researcher cannot move forward or find a fitting basis for research unless he or she regards the work of scholars who have dabbled in the field previously. Yet, in today’s age of information and knowledge, it may be seen that it has become more important than ever to keep an eye on including literature that pertains directly to the analysis and findings of the subject at hand. This is where a review of the literature comes in as it helps the researcher look at the use of literature gathered in a critical manner. According to Cooper (1988) "a literature review uses as its database reports of primary or original scholarship, and does not report new primary scholarship itself. The primary reports used in the literature may be verbal, but in the vast majority of ca ses reports are written documents. The types of scholarship may be empirical, theoretical, critical/analytic, or methodological in nature."

Inflation and Deflation in the Czech Republic since 1998 Essay

Inflation and Deflation in the Czech Republic since 1998 - Essay Example Czechoslovak was famous for export industries, especially automotive ones then. But the major policy change stopped the export growth of the state. Even though the following governments tried some measures to keep economy strong, nothing could help. The Communist Regime allowed only state owned enterprises and state lead economic planning. It relied more on artificial pricing of commodities. No political, cultural or economic liberalization was allowed. Year after year the situation became worse only and it led to a total tragedy within a few decades. By 1980s, Czechoslovakia started facing deep crisis and people started protesting. In the initial days the protests were not so strong and the Government tried to suppress it. But it was not possible. Protests gathered momentum and by 1989 the Communist Government resigned. It was followed by democratic election which was the beginning of a new era as far as the history of Czechoslovakia is concerned. The major policy change in USSR allowing liberalization at to a limited extent and the weakening of power of Communists in neighboring states like East Germany and Poland also influenced the developments which led to the situation of Communists loosing power in Czechoslovakia. In the elections conducted in 1990, Vclav Havel got elected as President. The new Government formed under his leadership decided anyway to march away from the track of Communism. Policy was framed to strengthen economy following the footsteps of the already developed economies. Free market and privatization were introduced in the state for the first time. This change could create some positive signs in economy. Both Czech and Slovakia got independent prime ministers according to federal structure and later they decided to part and remain two separate independent states. Thus on 1993 January First Czech became a sovereign republic. Soon the state started making remarkable growth in its economy. But unfortunately good days didn't last long. By 1997 Prime Minister was ousted from power and this political stability along with other issues took the state to a deep economic crisis. The speculative attack on Koruna in May 1997 stopped the growth signs of economy. This made the Czech econom y 'stagflant' which led to major issues like loss of employment, lesser production, acceleration of deflation, etc. But the political leadership continued the attempt to lead the state to prosperity. They made a shift in the nature of foreign trading. More concentration was put in trade with the Western countries whereas it was towards the East earlier. For creating enough fund for various activities, Czech relied on international funding agencies. They could successfully manage to get both grants and loans from institutions like World Ban, International Monetary Fund, European Bank for Reconstruction and Development, the European Investment Bank, etc. External debt in 1999 was about 24.3 billion Dollars. Since major share of this loan amount was used for nothing but building up the nation's economy itself, indirectly the loan burden was supporting the prosperity of the state. The fact that Czech could repay some loans before schedule makes it undoubtedly clear that the policy change was going in the right direction. In 1999 inflation was very less, average rate being 2.1 % only. The significant fall in inflation cannot be seen just as the after effect of internal policies or situation alone. The deflation in other