5 Dangerous Things You Should Let Your Kids so Free Essays

GEVER TULLY: 5 DANGEROUS THINGS YOU SHOULD LET YOUR KIDS DO Welcome to â€Å"Five Dangerous Things You Should Let Your Children Do. †Ã‚  I don’t have children. I borrow my friends’ children, so  (Laughter)  take all this advice with a grain of salt. We will write a custom essay sample on 5 Dangerous Things You Should Let Your Kids so or any similar topic only for you Order Now I’m Gever Tulley. I’m a contract computer scientist by trade,  but I’m the founder of something called the Tinkering School. It’s a summer program which aims to help kids to learn  how to build the things that they think of. So we build a lot of things. And I do put power tools into the hands of second-graders. So if you’re thinking about sending your kid to Tinkering School,  they do come back bruised, scraped and bloody. So, you know, we live in a worldthat’s subjected to ever more stringent child safety regulations. There doesn’t seem to be any limit on how crazy  child safety regulations can get. We put suffocation warnings on all the — on every piece of plastic film  manufactured in the United States or for sale  with an item in the United States. We put warnings on coffee cups to tell us  that the contents may be hot. And we seem to think that any item  sharper than a golf ball is too sharp  for children under the age of 10. So where does this trend stop? When we round every corner and eliminate every sharp object,  every pokey bit in the world,  then the first time that kids come in contact with anything sharp  or not made out of round plastic,  they’ll hurt themselves with it. So, as the boundaries of what we determine as the safety zone  grow ever smaller, we cut off our children from valuable opportunities  to learn how to interact with the world around them. And despite all of our best efforts and intentions,  kids are always going to figure out  how to do the most dangerous thing they can,  in whatever environment they can. So despite the provocative title, this presentation is really about safety  and about some simple things that we can do  to raise our kids to be creative, confident  and in control of the environment around them. And what I now present to you is an excerpt from a book in progress. The book is called â€Å"50 Dangerous Things. †Ã‚  This is five dangerous things. Thing number one — play with fire. Learning to control one of the most elemental forces in nature  is a pivotal moment in any child’s personal history. Whether we remember it or not,it’s a — it’s the first time we really get  control of one of these mysterious things. These mysteries are only revealed  to those who get the opportunity to play with it. So, playing with fire. This is like one of the great things we ever discovered, fire. From playing with it, they learn some basic principles about fire,  about intake, about combustion, about exhaust. These are the three working elements of fire  that you have to have to have a good controlled fire. And you can think of the open-pit fire as a laboratory. You don’t know what they’re going to learn from playing with it. You know, let them fool around with it on their own terms and trust me,  they’re going to learn things  that you can’t get out of playing with Dora the Explorer toys. Number two — own a pocketknife. Pocketknives are kind of drifting out of our cultural consciousness,  which I think is a terrible thing. Laughter)  Your first — your first pocketknife is like the first universal tool that you’re given. You know, it’s a spatula, it’s a pry bar,  it’s a screwdriver and it’s a blade. And it’s a — it’s a powerful and empowering tool. And in a lot of cultures they give knives —  like, as soon as they’re toddlers they have knives. These are Inuit child ren cutting whale blubber. I first saw this in a Canadian Film Board film when I was 10,  and it left a lasting impression, to see babies playing with knives. And it shows that kids can develop an extended sense of self  through a tool at a very young age. You lay down a couple of very simple rules —  always cut away from your body, keep the blade sharp, never force it  Ã¢â‚¬â€ and these are things kids can understand and practice with. And yeah, they’re going to cut themselves. I have some terrible scars on my legs from where I stabbed myself. But you know, they’re young. They heal fast. (Laughter) Number three — throw a spear. It turns out that our brains are actually wired for throwing things  and, like muscles, if you don’t use parts of your brain,  they tend to atrophy over time. But when you exercise them,  any given muscle adds strength to the whole system  and that applies to your brain too. So practicing throwing things has been shown to  stimulate the frontal and parietal lobes,  which have to do with visual acuity, 3D understanding,  and structural problem solving, so it gives a sense —  it helps develop their visualization skills and their predictive ability. And throwing is a combination of analytical and physical skill,  so it’s very good for that kind of whole-body training. These kinds of target-based practice alsohelps kids develop attention and concentration skills. So those are great. Number four — deconstruct appliances. There is a world of interesting things inside your dishwasher. Next time you’re about to throw out an appliance, don’t throw it out. Take it apart with your kid, or send him to my school  and we’ll take it apart with them. Even if you don’t know what the parts are,  puzzling out what they might be for  is a really good practice for the kids  to get sort of the sense that they can take things apart,  and no matter how complex they are,  they can understand parts of them and that means that eventually,  they can understand all of them. It’s a sense of knowability, that something is knowable. So these black boxes that we live with and take for granted  are actually complex things made by other people  and you can understand them. Number five — two-parter. Break the Digital Millennium Copyright Act. There are laws beyond safety regulations  that attempt to limit how we can interact with the things  that we own — in this case, digital media. It’s a very simple exercise — buy a song on ITunes, write it to a CD,  then rip the CD to an MP3 and play it on your very same computer. You’ve just broken a law. Technically the RIAA can come and persecute you. It’s an important lesson for kids to understand —  that some of these laws get broken by accident  and that laws have to be interpreted. And it’s something we often talk about with the kids  when we’re fooling around with things and breaking them open  and taking them apart and using them for other things —  and also when we go out and drive a car. Driving a car is a — is a really empowering act for a young child,  so this is the ultimate. For those of you who aren’t comfortable actually breaking the law,  you can drive a car with your child. This is — this is a great stage for a kid. This happens about the same time  that they get latched onto things like dinosaurs,  these big things in the outside world  that they’re trying to get a grip on. A car is a similar object, and they can get in a car and drive it. And  that’s a really, like — it gives them a handle on a world  in a way that they wouldn’t — that they don’t often have access to. So — and it’s perfectly legal. Find a big empty lot, make sure there’s nothing in it  and it’s on private property, and let them drive your car. It’s very safe actually. And it’s fun for the whole family. So, let’s see. I think that’s it. That’s number five and a half. OK. How to cite 5 Dangerous Things You Should Let Your Kids so, Essay examples

Exercise for a Surgical Patient-Free-Samples-Myassignmenthelp.com

Question: Discuss about the teaching the theory of deep Breathing and Coughing to a surgical Patient. Answer: Introduction The deep breathing and coughing exercise in necessary for patients after surgery since it helps to reduce the risk of various lung problems. It is the responsibility of a health professional to teach patients deep breathing and coughing exercise after surgery since it helps to lower the risk of lung problems. It is common for patients to take shallow breaths after surgery because of limited mobility or pain. This report will focus on teaching the theory of deep breathing and coughing to a surgical patient, as it protects from various lung complications. Dillon Harper is a 57-year-old man with triple coronary artery disease; about seven months ago he had a myocardial infarction. Mr. Harper works in a magazine company for 18 years which is mostly sitting work, before that he was in the accounts department of an investment company. Mr. Harper is married to Jamie Harper, and they have two children, Mr. Harper belongs from an upper-middle-class family, and he speaks fluent English. He recently has Coronary Artery Bypass Grafting surgery which was successful, and a few days ago doctor removed his breathing tube. This essay will teach the theory of deep breathing and coughing to Mr. Harper and provide him recommendations as per his socioeconomic conditions. Requirement of Deep Breathing and Coughing Exercise for a Surgical Patient After a major surgery, it is necessary for the patient to take an active part in his/her recovery, and doing breathing exercise after surgery is critical for the health of a patient. The human lung tissues are made up of multiple air sacs called alveolar sacs; these sacs expanded fully during normal breathing. After a major surgery, it is normal that patient takes shallow breaths due to limited mobility or pain, which may cause secretions, i.e., mucous, to stay in the lungs of the patient (Urell, Emtner, Hedenstrm, Tenling, Breidenskog, Westerdahl, 2011). The secretion collapses the air sacs which is called atelectasis. The deep breathing and coughing exercise right after surgery can be uncomfortable for the patients and many people avoid it due to pain, but, this exercise is necessary to avoid diseases such as pneumonia (Westerdahl Olsen, 2015). These exercises assist the patient in clearing his lungs from mucus which help him breathe and reduce the risk of diseases. After waking up from a minor surgery, the patient should breathe deeply and cough every hour for the first two or three days and in major surgery he/she should wait till pain is gone (Chailler, 2009). The patient should also move and change his/her position often while doing the exercise. As per the study conducted by Rudan et al. (2011), the breathing and coughing exercises following coronary artery bypass surgery assist in improving the pulmonary functions (Chest, 2005). Learning and Justification of the Theories To perform the breathing theory, the patient should be in a comfortable position, supine or sitting up. The patient can start the breathing exercise by relaxing his/her shoulders and upper chest. The patient should take a deep breath through his/her nose letting the lower abdomen move and expanding the lower rib cage, and mouth should be closed (Saxena Saxena, 2009). Hold the breath for around three to five seconds and then slowly breathe out through the mouth. Repeat the same thing three more times. Taking too much breath can cause dizziness or light-head. Perform this exercise for around an hour. Another theory of deep breathing is to sit or stand with the arms resting on the side. Taking a slow breath through the nose and raising the arms above the head at the same time (Nidhi Tamang, 2015). After that lower the arms back to the side and slowly breathe out through the mouth at the same time. The patient should complete five breathing cycles at a time (Overend, Anderson, Jackson, Lucy, Prendergast, Sinclair, 2010). The coughing theory should be done when the patient is feeling comfortable. The healthcare provider should tell you not to do the exercise if you are not ready. For this exercise first, lie on the back and bend the knees (if surgeon suggested so) or rest your feet straight. As per the condition of surgery, the patient might take the support of incision firmly or small pillow before trying to cough (Keefer, 2017). After that, the patient should breathe in deeply and cough firmly. If mucous come while coughing then it tissues should be used to clear it. The coughing should be repeated till there is no mucous left. The patient can take a break in the exercise if there is a lot of mucous, and he/she should repeat it five times (Filbay, Hayes Holland, 2012). Adjustment in Theories based on Clients Preferences In case of Mr. Harper, he should apply these theories into his daily routine few days after his surgery or after the permission of his surgeon. Mr. Harper should wait after the surgery till the pain in his incision is gone. The health professionals might give an analgesic to Mr. Harper if the pain is present in his incision. He should also perform these exercises at home to reduce the risk of pneumonia. At the hospital, the healthcare staff can help him, and in his home, he can use the help of his family. Mr. Harpers wife and children can encourage him to perform the exercise regularly, and they can also perform these exercises with him, to ensure that he is periodically doing his sessions. Mr. Harper can perform this exercise at his office since he has a sitting job. He can take regular breaks while working to do these exercises. Mr. Harper can use a clock or timer from his phone to set time for daily sessions and do them regularly while he is in the office. These theories are essential to perform after Mr. Harpers Coronary Artery Bypass Grafting surgery since he is highly vulnerable to pneumonia (Mohr et al., 2013). If the patient did not have a sitting job, then he/she can take breaks from work to perform the exercises. Conclusion To conclude, the deep breathing and coughing theory is necessary after a major surgery since patients take shallow breaths due to pain or low mobility. The risk of pneumonia and lung diseases increased after a surgery. To avoid such diseases the patient should regularly perform the exercise as discussed above. In case of Mr. Harper, these exercises are extremely important since patients are highly vulnerable to pneumonia after a Coronary Artery Bypass Grafting surgery. These exercises will reduce the risk of diseases and help him improve his health. References Chailler, M. (2009).Cold therapy for the management of pain associated with deep breathing and coughing post cardiac surgery (Doctoral dissertation, University of Ottawa (Canada)). Filbay, S. R., Hayes, K., Holland, A. E. (2012). Physiotherapy for patients following coronary artery bypass graft (CABG) surgery: limited uptake of evidence into practice.Physiotherapy theory and practice,28(3), 178-187. Keefer, A. (2017). Goal of Deep Breathing Coughing Exercises. Live Strong. Retrieved from https://www.livestrong.com/article/341748-goal-of-deep-breathing-coughing-exercises/ Mohr, F. W., Morice, M. C., Kappetein, A. P., Feldman, T. E., Sthle, E., Colombo, A., ... Houle, V. M. (2013). Coronary artery bypass graft surgery versus percutaneous coronary intervention in patients with three-vessel disease and left main coronary disease: 5-year follow-up of the randomised, clinical SYNTAX trial.The lancet,381(9867), 629-638. Nidhi, S. S., Tamang, E. L. (2015). Effectiveness of Deep Breathing Exercises Vs. Incentive Spirometry on Pulmonary Function among Patients with Chronic Airflow Limitation.International Journal of Nursing Education,8(2), 2264. Overend, T. J., Anderson, C. M., Jackson, J., Lucy, S. D., Prendergast, M., Sinclair, S. (2010). Physical therapy management for adult patients undergoing cardiac surgery: a Canadian practice survey.Physiotherapy Canada,62(3), 215-221. Rudan, I., El Arifeen, S., Bhutta, Z. A., Black, R. E., Brooks, A., Chan, K. Y., ... Simoes, E. A. (2011). Setting research priorities to reduce global mortality from childhood pneumonia by 2015.PLoS medicine,8(9), e1001099. Saxena, T., Saxena, M. (2009). The effect of various breathing exercises (pranayama) in patients with bronchial asthma of mild to moderate severity.International journal of yoga,2(1), 22. Urell, C., Emtner, M., Hedenstrm, H., Tenling, A., Breidenskog, M., Westerdahl, E. (2011). Deep breathing exercises with positive expiratory pressure at a higher rate improve oxygenation in the early period after cardiac surgerya randomised controlled trial.European Journal of Cardio-thoracic Surgery,40(1), 162-167. Westerdahl, E., Olsn, M. F. (2015). Chest physiotherapy and breathing exercises for cardiac surgery patients in Sweden-a national survey of practice.Monaldi Archives for Chest Disease,75(2).

The Red Scare Essays (1069 words) - , Term Papers

The Red Scare In the 1940's and 1950's a massive strike of paranoia struck the US after The Second World War. This scare included millions of people being blacklisted and wrongfully accused of being communist sympathizers. Hollywood was politically attacked by an organization known as HUAC, or The House Un- American Activities Committee, and singled-out as propagandists and red sympathizers. The mass paranoia and state of chaos was only fed when a man named Joseph McCarthy saw an opportunity for political gain. Riots filled the streets. Labor strikes fell upon factories and the era of McCarthyism came into existence during this period of time in which we know as, "The Red Scare." World War II was a war that took place, respectively, from 1939 - 1945. During this war, the rise of Communism in Russia had just sparked. America and other 1st world countries saw Russia become a new world power and sent fears into others. One particular fear was the expansion of communism and fifth columnists, also known as spies in the government?s establishment. The Truman Doctrine that was announced in 1947, proclaimed that, "any advance of Communism, anywhere in the world, was a threat to the national interests of the United States" (quoted in Mack). This, according to Clayton, was the official start of the Cold War. During the beginning of this new era, a new fear broke out in the societies of the United States. This was the fear of the secrets of nuclear fusion being stolen, or already had been, and that a nuclear holocaust was just around the corner. ?This was greatly associated with the idea of Russian spies or "Fifth Columnists" were in the American governments establishment, stealing secrets and planning world domination? (Shmoop, 10). The fear of this was mainly upheld by government officials who sought a traitor in the mist. As time progressed, the paranoia only grew. An association arose known as the House of Un-American Activities Committee, or the HUAC. This particular committee believed that communists had taken over Hollywood and that the movies being written and produced were actions of communist propaganda and feared that the American society was being brainwashed. "Over 60 thousand actors, writers and directors were convicted as communist sympathizers by this committee and thus began Blacklisting" (EDhelper, 09). HUAC's blacklisting caused men and women all over the US to lose there jobs and even forced some to leave the nation. "It meant that their professional reputation was destroyed, and that no one would hire them for fear of being thought a communist,? said Barbara Mack, an Historical Expert on the Red Scare. As more and more people were blacklisted, trials were held on national television broadcast. ?The exploitation of these people caused fear in Hollywood, and many people stopped writing, and even left the country. They even questioned 10-year-old Shirley Temple." said Mack. This is the epitome of true paranoia. One man in particular, Joseph McCarthy a republican in senate, noticed the chaos and exploitation going on in the US and saw a opportunity to gain political power and rep by joining in on the blacklisting effort. "McCarthy's ""witch- hunt"" began in 1950 when he announced he had a list of 205 known communists employed by the state department." (Ranzer, 07) This immediately led to a jump in paranoia and fueled the entire Scare. McCarthy?s Era was told to be started at 1950 and it caused hundreds of people to lose there jobs, ruin family ties, and destroy lives. However his reign wouldn?t last. "McCarthy's own undoing began when he leveled his accusations against the United States Army." said Ranzer. This started when McCarthy insulted the American Army and the public. Trying to find a way out of this, he simply screamed "Communists" and the public widely saw his charges were never proven, and thus began to discredit him and he soon fell from popularity. Finally McCarthy was tried and was given a formal Censure, stating that his actions were inappropriate and further stated that he was "contemptuous and reprehensible." According to Ranzer, "On December 2, the senate voted 67 to 22 to censure McCarthy for inappropriate conduct of a senator." and removed him from office. McCarthy?s response to this was recorded as such. "I feel no

Women in Arab world Essays

Women in Arab world Essays Women in Arab world Essay Women in Arab world Essay Professional Development Competencies 1211-105 Q3. Discuss the position of women in Middle Eastern society as Scarbor- ough presents the subject. If you were training a small group of Arab engineers and accountants for Jobs in multinational companies, what advice would you give them? Women in Arab world Women in Arab society are facing big issues. They being persecution by men and they are not having their complete right. Actually, Scarborough mentions these issues in his article Arab World and Islam. He talks about women right in Arab world in three main issues, possibility to work, unable to drive, and fiercely by men. According to Scarborough womens possibilities to work are way less than men. Even though women have the knowledge and the experience that allow them to work in many places, they cannot have the same options as men especially on open areas where women and man are not separated. In fact, some countries stared to recognize women much better than before. However, there are few countries in Arab world still aving this issue such as Saudi Arabia.. The author Scarborough also talked women drivers in some Arab countries. However, now women driving issues is being recognized by the government. Many Arabian Gulf countries have these issues several years ago and now women can drive and they can go wherever they want to go. However, yet in Saudi Arabia women cannot drive and women still facing this problem. As matter of fact, there are some Bedouin women who live out of the cities drive and can go to the market with themselves. The government of Saudi Arabia is saying women will driving soon in this country but when the society get better understanding about women driver. According to Scarborough women in Arab world are been fiercely by men. In my opinion this is a wrong statement. Women in most of Arab countries have the right to do whatever they want. For example, if woman want to married and she agreed no one can stop her from marrying. Moreover, if women want to open their own business they can do it freely. During years ago Scarboroughs statement was a orrect statement about women in Arab world. However, women glass sealing has been broken. Finally, women in Arab world are facing many challenges to get their right. They are trying to make it clear that women are the same as men in working fields. Also, they need to have the right to allow them to drive in some countries. In addition, women have passed the fiercely by men and they now have much better freedom than before. However, they still have to ask for their right in many situations. By AbdulrahmanAlshehri

Spatial Interaction in Supply and Demand

Spatial Interaction in Supply and Demand Spatial interaction is the flow of products, people, services, or information among places, in response to localized supply and demand. It is a transportation supply and demand relationship that is often expressed over a geographical space. Spatial interactions usually include a variety of movements such as travel, migration, transmission of information, journeys to work or shopping, retailing activities, or freight distribution. Edward Ullman, perhaps the leading transportation geographer of the twentieth century, more formally addressed interaction as complementarity (a deficit of a good or product in one place and a ​surplus in another), transferability (possibility of transport of the good or product at a cost that the market will bear), and lack of intervening opportunities (where a similar good or product that is not available at a closer distance). Complementarity The first factor necessary for interaction to take place is complementarity. In order for the trade to take place, there has to be a surplus of the desired product in one area and a shortage of demand for that same product in another area. The greater the distance, between trip origin and trip destination, the less likelihood of a trip occurring and the lower the frequency of trips. An example of complementarity would be that you live in San Francisco, California and want to go to Disneyland for a vacation, which is located in Anaheim near Los Angeles, California. In this example, the product is Disneyland, a destination theme park, where San Francisco has two regional theme parks, but no destination theme park. Transferability The second factor necessary for interaction to take place is transferability. In some cases, it is simply not feasible to transport certain goods (or people) a great distance because the transportation costs are too high in comparison to the price of the product. In all other cases where the transportation costs are not out of line with price, we say that the product is transferable or that transferability exists. Using our Disneyland trip example, we need to know how many people are going, and the amount of time we have to do the trip (both travel time and time at the destination). If only one person is traveling to Disneyland and they need to travel in the same day, then flying may be the most realistic option of transferability at approximately $250 round-trip; however, it is the most expensive option on a per person basis. If a small number of people are traveling, and three days are available for the trip (two days for travel and one day at the park), then driving down in a personal car, a rental car or taking the train may be a realistic option. A car rental would be approximately $100 for a three-day rental (with for to six people in the car) not including fuel, or approximately $120 round-trip per person taking the train (i.e., either Amtraks Coast Starlight or the San Joaquin routes). If one is traveling with a large group of people (assuming 50 people or so), then it may make sense to charter a bus, which would cost approximately $2,500 or about $50 per person. As one can see, transferability can be accomplished by one of several different modes of transportation depending on the number of people, distance, the average cost to transport each person, and the time available for travel. Lack of Intervening Opportunities The third factor necessary for interaction to take place in the absence or lack of intervening opportunities. There may be a situation where complementarity exists between an area with a high demand for a product and several areas with a supply of that same product in excess of local demand. In this particular case, the first area would be unlikely to trade with all three suppliers, but would instead trade with the supplier that was closest or least costly. In our example of the trip to Disneyland, Is there any other destination theme park identical to Disneyland, providing an intervening opportunity between San Francisco and Los Angeles? The obvious answer would be no. However, if the question was, Is there any other regional theme park between San Francisco and Los Angeles that could be a potential intervening opportunity, then the answer would be yes, since Great America (Santa Clara, California), Magic Mountain (Santa Clarita, California), and Knotts Berry Farm (Buena Park, California) are all regional theme parks located between San Francisco and Anaheim. As you can see from this example, there are numerous factors that could affect complementarity, transferability, and lack of intervening opportunities. There are many other examples of these concepts in our daily lives, when it comes to planning your next vacation, watching the freight trains roll through your town or neighborhood, seeing the trucks on the highway, or when you ship a package overseas.

The movie, Secretary and masochism Essay Example | Topics and Well Written Essays - 500 words - 1

The movie, Secretary and masochism - Essay Example The main heroine of the movie is Lee Holloway (Maggie Gyllenhaal), who is a weirdo woman. The plot shows us that Lee Holloway is a rather smart woman, who returns back to her hometown in Florida after a brief stay in a special mental hospital where she was treated from suicidal inclinations. In search of everything that surrounds Lee, we see that she takes a job as a secretary at a little local law firm. Some spectators can suppose that Lee is not only a masochist, but also a perverted woman, but it is not true because Lee Holloway is so closed and oppressed person that she just cannot throw out her inner pain otherwise than through the physical pain. She cannot accept any scandal or hysterics, but she begins torturing herself, when she has some problems. Being the secretary Lee falls in love with her boss, Mr. Grey (James Spader), and pain already appears as a manifestation of his love for her, but at the same time, the pain loses its value for Lee, she needs Edward Gray to inflict her pain. Analyzing the movie Secretary from the position of human sexuality and masochism we can understand that masochism, like sadism, goes beyond human sexuality, and being associated with a person shows a very complex and diverse sources of its development. Thus, this form of deviation very rarely becomes a subject of litigation. Sexual needs are usually met within a partner’s union for a psychological standpoint to implement manifested expectations. Various psychological observations show that unions between persons endowed with sadistic and masochistic traits are very strong and complementary. They usually do not seek help and advice, but they feel good together, mutually satisfying their needs. This film demonstrates us that both Lee’s and Edward’s sadistic and masochistic traits occur simultaneously. In this case, main characters have more complex combinations of individual features and

INTERNATION FINANCIAL MARKETS Essay Example | Topics and Well Written Essays - 2500 words

INTERNATION FINANCIAL MARKETS - Essay Example nternational financial markets would lead to improvement in the economies of developing, less developed countries, and it would automatically enhance stability among developed countries. The major benefit accruing from international financial markets is more financial interconnection among different nations of world. It can also lead to a deeper integration of developing economies with the international financial markets. Especially the developing economies would be able to revamp and develop their financial system with the introduction of more complete, deeper, stable and better-regulated domestic financial markets because of their affiliation to international financial markets. Levine, (2001) suggests a better functioning financial system with more credit is likely to lead to faster economic growth. Apart from direct growth benefits, development of international financial markets is likely to result in other collateral benefits like promotion of the development of domestic financial sector and imposing disciplines on the macroeconomic policies of the governments. It also leads to generation of more efficiency by encouraging competition and results in enhanced corporate governance and functioning of better governments. Since these benefits occur over a longer period, it is usual that the costs of globalization are detected more easily. The collateral long-term benefits of international financial markets can be traced through equity inflow and increased foreign direct investments into the domestic financial markets. However, it is difficult to identify the benefits of international financial markets, which enhance the productivity through empirical studies. An analysis of structural, institutional and macroeconomic policies across the country leading to growth of GDP or productiv ity would prove the benefits resulting from international financial markets. At the micro level, the positive impact of international financial markets can be felt in the capital account