Genetic Engineering in Agriculture Essay - 3427 Words

Genetic Engineering in Agriculture Among the millions of species that inhabit the planet, only twenty species provide ninety percent of the human food supply (Montgomery 2000). Since the introduction of genetic engineering, however, livestock and crops have a more productive future. Transfer of engineered genes from organism to organism occurs through hybridization, conjugation, and transformation in microorganisms. By the substitution of genes into agricultural species, biodiversity can flourish to improve social and economic development. Although methods of gene and DNA implantation quickly develop advanced products, even precise genetic alterations do not ensure that the environment will remain balanced or that changes in†¦show more content†¦Instead of transferring large blocks of genes from donor plant to recipient, small isolated blocks of genes are put into the plant chromosome through biolistics, vectors, or protoplast transformation (Horsch 1993). Biolistics is a technique that shoots the gene block into the potential host cell. In order for the process to succeed, the microscopic particles and DNA must enter the cell nuclei and combine with the plant chromosome. Biolistics is commonly used but has a slight failure risk since the breeder has little control over the destination of the gene block (Mooney Bernardi 1990). Bacteria or viruses can also carry the gene blocks into a new cell. Common vectors in gene transfer between plants are Agrobacterium tumefaciens and Agrobacterium rhizogenes. In the soil, the bacteria will infect the plants with their own plasmid, transferring the desired gene that was placed in the bacterias DNA. Vector gene transfer is a preferred method of transformation since this modification already occurs naturally in the environment (Rudolph McIntire 1996). Last is protoplast transformation, which uses enzymes to dissolve the cellulose in the plant wall that leaves a protoplast. Once a specific gene block is added to the protoplast, th e cell wall will re-grow into a transgenic plant. Direct manipulation of DNA focuses on selective breeding, altering organisms to achieve higher quality products and more of them. These improvedShow MoreRelated Genetic Engineering in Agriculture Essay2099 Words   |  9 PagesGenetic Engineering in Agriculture Whoever could make two ears of corn, or two blades of grass grow upon a spot of ground where only one grew before would deserve better of Mankind, and do more essential service to his country, than the whole race of politicians put together. -The King of Brobdingnag, Gullivers Travels by Jonathan Swift, 17271 Introduction Genetically engineered foods are the rage of the day for farmers across the world. Farmers are able to grow larger, tastier, moreRead MoreThe Effects of Genetic Engineering on Agriculture Essay1291 Words   |  6 PagesGenetic engineering is a way in which specific genes for an animal or plant can be extracted, and reproduced to form a new animal or plant. These new organisms will express the required trait for that gene. This practice is a very controversial topic within the scientific world. It is being implemented in various areas such as agriculture even though there are many alternatives that can be found for genetic engineered crops, such as organic materials and reducing leeching of the soil. The controversyRead MoreThe Effects of Genetic Engineering on Agriculture Essay1409 Words   |  6 PagesThe Effects of Genetic Engineering on Agriculture Agribiotechnology is the study of making altered agricultural products. Agribusiness is trying to alter the genes of already existing products to try to enhance the biocompetitiveness and adaptability of crops by enhancing plant resistance to drought, salinity, disease, pests and herbicides. They are going to try to enhance their growth, productivity, nutrient value, and chemical composition. The old way of doing this was through selectiveRead MoreTrials. Genetic Engineering Is Commonly Found In Agriculture897 Words   |  4 Pages Trials Genetic engineering is commonly found in agriculture and within the past few years scientists began animal experimentation, but this technology is now touching upon human embryos. â€Å"The first field experiments of food crops that had been genetically modified using recombinant DNA technology began in 1987† (Range, Gabriel).The trial consisted of extending the shelf life of tomatoes. Animals are the next trial class â€Å"animals that have been safely genetically engineered (GE) include cattleRead MoreThe Use Of Genetic Engineering On Agriculture And Food Production Essay1622 Words   |  7 PagesIntroduction : The use of genetic engineering techniques in agriculture and food production is seen as an exciting and valuable development by many people who welcome the improvements in production efficiency that they offer to farmers and the enhanced nutritional value that is envisioned to benefit consumers. Others, however, are objecting strongly, raising environmental, food safety, and ethical concerns. A majority of people in Western Europe, Japan and Australia, for example, want at leastRead MoreDustin Peacher . Engl 1302.C09. Professor Mccovery. April985 Words   |  4 Pagesof Genetic Engineering and it s Ethics How far would you go to save human lives and to progress society for those in need? The benefits of genetic engineering have shown to outweigh the ethical and environmental consequences associated within the field. Genetic Engineering has shown to provide major benefits in the field of medicine and agriculture but is faced with extreme criticism and backlash, specifically on the basis of ethics. To understand the modern concept over field of the Genetic EngineeringRead MoreGenetic Engineering : The Technique Of Producing Recombinant Hybrid Dna By Combining Two Different Strands Of Dna1731 Words   |  7 Pagesgroup for their help in improving and reviewing this paper. Finally I would like to thank Abdul Ahad Memon for proof reading my paper. Abstract Genetic engineering is the technique of producing recombinant hybrid DNA by combining two different strands of DNA. The fundamental concept of genetic engineering is gene cloning; the technique of altering the genetic structure of an organism. Gene cloning has four basic processes, namely cutting : the process of isolating the required starnd of DNA, modificationRead MoreGenetically Modified Organisms Are Dangerous Or Bad For Our Citizen s Health1025 Words   |  5 Pagesscientists have been working on developing new forms of technology regarding genetic modification. This involves the transfer of genes from one plant or animal, to another similar specimen. Furthermore, with the help of genetically modified organisms, scientists are now able to help prevent pollution, increase crop productivity, as well as aid in medicinal purposes. To begin, due to a past study that linked genetic engineering to the following possibilities such as stomach inflammation, the transferRead MoreDna And Ethics Of Recombinant Dna1601 Words   |  7 Pages Recombinant DNA and Ethics Brooke Boland BIO/410 - Genetics October 23, 2017 Miranda Gauthier Recombinant DNA and Ethics Recombinant DNA technology has become a powerful influence to many fields including medicine, pharmaceuticals and agriculture. Genetic modifications of plants, animals and other organisms have allowed scientists to improve the quality of human life. As genetic engineering continues to rapidly grow, many ethical, social and legal issues arise evaluating the risksRead MoreEssay about Should Genetic Engineering Be Controlled by Law?992 Words   |  4 PagesShould Genetic Engineering Be Controlled by Law? â€Å"Just as the success of a corporate body in making money need not set the human condition ahead, neither does every scientific advance automatically make our lives more meaningful† ( Professor George Wald, Noble Prize winning biologist, The Dangers of Genetic Engineeering 1976, p.45) . Genetic engineering is the direct manipulation of an organism’s genes. It uses the techniques of molecular cloning and transformation to alter the

Dance Concert Free Essays

CAUSE AND EFFECT ESSAY Cause and effect essays are usually taught in high school and introductory college writing courses. This type of essay does just as the title suggests; it explains the cause(s) of a problem and details the resulting effect(s). These few steps can help you write this type of essay. We will write a custom essay sample on Dance Concert or any similar topic only for you Order Now Suggestions: Step 1: Present an event, phenomenon or trend. This will be the cause and the starting point of your essay. You should explain the background of the cause in significant detail so your reader understands the basis of your paper. Step 2: Explain the effects of your event, phenomenon or trend. You should continually refer back to the cause to make links and connections between the cause and effect. Links and connections will help your audience effectively process the cause and effect. Step 3: Limit your major points. While there may be multiple causes or multiple effects in any given relationship, limit your points depending on the length of your essay. Too many points will only confuse your reader. Step 4: Organize your essay effectively. A good model to follow is a thesis statement that presents your event, phenomenon or trend at the beginning of the essay. Each subsequent body paragraph should start with a topic sentence that explains the cause or effect up for discussion. Step 5: End with a recap of the causes and effects discussed in your essay. In complicated essays like cause and effect, it’s important to revisit the major points and the overall idea of your essay so the reader can tie together your thoughts. Sample Outline for Cause Effect Essay (see example topics): Write an essay exploring causes, effects, or both of choosing to attend college. Write an essay exploring the effects of text-messaging, cell-phone use, or e-mail use in your life. Write an essay exploring causes, effects, or both of stress in your life (limit this to one situation) Write an essay exploring the beneficial or problematic effects of high school sports on athletes, families, communities, etc. Write an essay exploring causes, effects, or both of a major life decision you have made or will make soon. Write an essay exploring effects of having the parent or parents you have had. Think about how your life has been affected and/or who you have become (â€Å"Parent† means whoever raised you). 1. Introduction Paragraph: a. Capture attention with the first sentence (could include a quote). b. Give necessary background information. c. Explain the situation in a transitional sentence. d. Give a clear thesis statement. (What are you trying to prove? Examples: â€Å"Unfair stereotypes cause problems. † â€Å"Homelessness is a big problem in Tennessee. †) e. Summarize the 3 main points to be covered (What 3 causes or effects are you going to discuss? ) See examples: These days many people like to _____. There are three main causes of ______ in America: ______, ______, and ______. There are three main effects of in America: ______, ______, and ______. There are three main reasons why people like to_____: _____, _____, and _____. . First Body Paragraph: Topic Sentence–One cause/effect/reason why†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ a. Support/example 1 b. Support/example 2 c. Closing sentence 3. Second Body Paragraph: Topic Sentence–Another cause/effect/reason why†¦ †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ a. Support/example 1 b. Support/example 2 c. Closing sentence 4. Third Body Paragraph: Topic Sentence–A third cause/effect/reason why†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ a. Support/example 1 b. Support/example 2 c. Closing sentence 5. Conclusion Paragraph: a. Summarize main points b. Restate thesis statement c. Suggest a solution, give moral of the story, add commentary, and/or additional thoughts How to cite Dance Concert, Essay examples

Emancipation Proclamation passed by Abraham Lincoln free essay sample

In 1863, Abraham Lincoln passed the Emancipation Proclamation, as a result of the Civil War, which saw the abolition of slavery. He deemed this act as a military strategy that was necessary to preserve the Union. Many would refer to Lincoln as the Great Emancipator because of his role in the passing of such a profound bill and it is a common belief by many that Lincoln had always been in favor of the abolition of slavery right from the beginning. However, there are some beliefs that Lincoln is undeserving of this title because his main objective was to save the Union whether that meant freeing all the slaves or none at all. I believe that Lincoln deserved this title because if it weren’t for him, slavery may have existed for several more years.Although Abraham Lincoln’s main objective during his time in office was to preserve the Union by reuniting the North and the South, his main political issue was to stop the expansion of slavery into western territories. We will write a custom essay sample on Emancipation Proclamation passed by Abraham Lincoln or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page With the Emancipation Proclamation he achieved both of these goals by dissolving slavery, defeating the South, and saving the future of the United States by reuniting the North and the South. Some people also believed Lincoln felt that African-Americans were inferior to white people, however, Lincoln was a strong follower of the Declaration of Independence which stated that all men possessed equally the inalienable right of life, liberty, and the pursuit of happiness.In Conclusion, I believe that Abraham Lincoln is deserving of the title because he sought to end the expansion of slavery into the west, and pushed to exterminate it all together before he took office. It is his belief that all men are created equal and although he may have used the Emancipation Proclamation as a military strategy to reunite the United States it was his objective from the beginning to put an end to slavery.

Overview of Banking Sector Inthailand Essay Example

Overview of Banking Sector Inthailand Essay The University of Hong Kong School of Economics and Finance FINA0501 Asian Financial Institutions Term Paper Overview of Thailand’s Financial Institutions (Banking Sector) Submitted by Lo Ka Yiu, Timothy BBA(Law) II U. No. : 2003506031 Overview of Thailand’s Financial Institutions (Banking Sector) Submitted by Lo Ka Yiu (2003506031) Introduction With the glorious history of achieving an average GDP growth of 11. 5% from 1987 to 1996, Thailand was acclaimed as one of Asia’s Tigers in the 1990s (Deepak, 1997). However, ironically, this is the same country which suffered a sharp depreciation of its currency, bath, and the ensuing economic downturn in the 1997 Asian Financial Crisis. Poor supervision over financial institutions, especially commercial banks, has been generally regarded as a key reason for Thai economy’s rapid collapse (Vatikiotis, 1998). Therefore, Thailand’s financial institutions, which have been largely restructured by the authorities after the crisis, are a topic of value. This paper will take an overview of Thai financial institutions, with a focus on the banking sector. Historical Background Thai banking system dates back to 1888 when the Hong Kong and Shanghai Banking Corporation established its branches there. Subsequently, the Chartered Bank in 1894, and a French bank called Banque de I’ Indochine in 1897 also established branches in Thailand. These banks share the same purpose of facilitating trading between their home countries and Thailand (Blanchard, 1958). Chinese people of Thai nationality began the domestic banking industry in Thailand during the early 1900s. They saw opportunity in Thai banking industry because of the lack of law governing it. We will write a custom essay sample on Overview of Banking Sector Inthailand specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Overview of Banking Sector Inthailand specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Overview of Banking Sector Inthailand specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Although massive speculative pressures resulted in the failure of these early banks, new banks formed and adapted to avoid the mistake made by previous attempts (Blanchard, 1958). In the past, Thai banking and financial systems were traditionally controlled by a limited elite group of business from approximately ten families (Traisoral, 2000). Overall framework of the Thai Financial Institutions The current banking system in Thailand consists of the following components: a. A central bank, namely the Bank of Thailand (BOT) b. 12 domestic and 18 foreign commercial banks . 27 international banking facilities (IBF) d. 4 specialised banks, namely the Government Saving Bank (GSB), the Bank of Agriculture and Agricultural Cooperatives (BAAC), the Government Housing Bank (GSB) and the Export-Import Bank of Thailand (EXIM Bank) Note that there is an overlap between the commercial banks and IBFs. Among the 27 IBF licenses, 8 are currently held by domestic commercial banks, 15 by foreign comme rcial banks. Other financial institutions include credit foncier companies, financial companies and securities companies (Bank of Thailand, 2005). Central to the economic crisis during 1997 are the central bank and commercial banks. We will now explore these financial institutions in a more specific way. Banking Sector 1. The Central Bank Thai National Banking Bureau, established in 1939, was the first organization assuming the responsibilities of a central bank in Thailand. It was a department attached to the Ministry of Finance. During the Second World War, the Thai government saw the success that other countries were experiencing from a strong central banking system. As a result, the Bureau was turned into a central bank, i. . the Bank of Thailand, with the passing of the Bank of Thailand Act in 1942. The Bank of Thailand has been given many responsibilities, including the following: i) Formulate and recommend monetary policy to the Thai Government ii) Provide banking services to the government, state enterprises, and financial institutions, iii) Oversee financial institutions and their support of economic development, iv) Supervise and develop the financial systems, v) Promote the economic sectors with priority, vi) Print and issue bank notes, vii) Manage Thailand’s international reserves, iii) Represent Thailand during international meetings and keep good relations with other central banks, ix) Provide and distribute information on the economic condition of Thailand both within the country and abroad, x) Act as the lender of last resort to other banks Nevertheless, the Bank still has some limitations in powers. It is not responsible for the development of a capital market, and it has little control over short-term credit (Blanchard, 1958). Both on-site and off-site method s are adopted by the Bank of Thailand to supervise financial institutions in Thailand. On-site methods are unannounced physical inspections conducted at least once a year for each Thai registered commercial bank. Off-site methods require all financial institutions to submit weekly, monthly, or annually reports over every area of operations (Supervision Group Policy, Bank of Thailand, 2002). Currently, the Bank of Thailand has 4 regional branches, which perform central banking activities in there locality. The North Eastern Region Office is located in Khon Kaen, the Southern Region Office is located in Songkhla, while the Northern Region Offices are located in Chiang Mai and Lampang (Sunsite Thailand, 2005). 2. Commercial Banks Commercial banks dominate Thailand’s financial sector by holding 73% of both household savings and credits extended by all financial institution (Elgar, 2003). All commercial banks are established under the Commercial Banking Act and need the authorization from the Ministry of Finance. They are monitored by the Bank of Thailand and bound by numerous regulations. For instance, they must meet minimum capital requirements in order to be incorporated. They must transfer at least 15% of their profits into reserves, and dividends are limited to 15% of reserves until the amount of reserves exceeds 60% of their paid-in capital. They must also maintain a capital adequacy of approximately 10% to the two tiered capital standard set by the Basle Committee in the 1988 Capital Accord (Traisorat, 2000). The major business areas of commercial banks include taking time, saving and current deposits, issuing certificates of deposit, securing domestic and foreign loan, lending, buying and selling of foreign exchanges, as well as trading bills of exchange and tradable financial securities. Commercial banks normally provide credit in the form of overdrafts which are on a short-term basis but may be rolled over on a year-to-year basis. Due to fluctuations in interest rates both in the international and domestic markets, commercial banks at present encourage customers to utilize term loans instead of overdrafts. Recently, some commercial banks have been allowed to apply for additional licenses from the Bank of Thailand to expand their scope of business into different new areas, such as information and consultancy services, underwriting sales of government and state enterprise securities, as well as acting as debt collection agents (Haron and Yamirudeng). 3. Specialised Banks While all the 4 specialised banks are owned by the Thai Government and under the supervision of the Ministry of Finance, each of them has its own position in the Thai financial industry. The Government Saving Bank (GSB) was established in 1913 with the aim of educating court officials on banking services, and encouraging the habit of saving among the Thai, especially the low and middle income groups. It has an extensive network of branches and mobile units to accept deposits all over the country. Apart from savings service, it is also providing various services for the public sector, general public and business sector. The Bank for Agriculture and Agricultural Cooperatives (BAAC) was established in 1966 to provide credit to the agricultural sector, with the aim of promoting a better standard of life for Thailand’s farming population. Nowadays, it has gradually transformed from a specialised agricultural lending institution to a diversified rural bank which provides different kinds of financial services. The Government Housing Bank (GHB) was set up in 1953 to provide mortgage loans at a low interest rate in order to assist low and middle income groups in purchasing houses. It specializes in providing long-term mortgage loans for individual borrowers, construction loans for private developers for land and housing development projects, and construction loans for land owners who want to develop rental apartments. The Export-Import Bank of Thailand (EXIM Bank) was established in 1993 to provide support for international trading and foreign investments, in order to help the growth of Thai exporters and investors. It practises in different areas, such as offering direct loans and guarantees loans, insuring exports and providing financial services. Besides, it also provides advice to Thai exporters and investors. Other Financial Institutions Besides banks, finance companies and securities companies also play an important role in Thailand’s financial sector. In the past, it was commonplace that a company got two licenses, one for finance business and one for securities business. Such a company was called a â€Å"financial and securities company†, and it could operate in both fields. In 1992, the Bank of Thailand separated these two practising areas. Currently, finance companies are intermediaries in the money market, and regulated by the Bank of Thailand; while securities companies, practising in the capital market, are monitored by the Securities and Exchange Commission (SEC). We will now explore these two types of financial institutions in more detail. 1. Finance Companies The areas of operation of finance companies include selling agent, underwriting, arranging for debt securities, representing of holders debentures, custodial service, registrar, and managing provident funds and private funds (Survey of Thai industry). Financial companies cannot raise fund by deposit, but they can accept deposits in terms of issuance of bills of exchange and certificates of deposits. They can also mobilize fund by issuing promissory notes and borrowing from the commercial banks. The major uses of fund are loans for commerce, loans for development, loans for consumer products and loans for housing. However, after the Asian financial crisis in 1997, due to the severe economic downturn and the collapse of property and stock markets, a number of finance companies were facing the problem of liquidation. Nine finance companies were ordered to ecapitalize in 1997 (Traisoral, 2000). There were 91 finance companies in 1996, but only 21 left in 2000 (Chandler, 2000). Now, there are only 18 (Bank of Thailand, 2005). In order to facilitate the financial reform and restore public confidence, a lot of rules and regulations have been set and amended. 2. Securities Companies Securities companies are those engaging in investment ba nking activities like brokerage, underwriting and giving advice about securities. As mentioned, since 1992, securities companies have been regulated by the Securities and Exchange Commission. Current Trends in Thailand’s Financial Sector Now, we have gone through the general framework of Thailand’s financial institutions. It is time to look at what is happening in the industry. In general, two trends are taking place. One is the foreign entry into the Thai commercial banking sector, the other one is the restructuring of the financial sector. 1. Foreign Entry into the Commercial Banking Sector Even before the Asian Financial Crisis, the authorities had started to liberalize the Thai commercial banking system. The Bangkok International Banking Facility (BIBF) was created in March of 1993. It gave 32 foreign banks licenses to provide Thailand banking facilities. The Bank of Thailand made a similar move in 1995 when it announced that it would issue up to 14 new commercial bank licenses, half of which would be foreign and half domestic (Demaine 1997). After the Crisis in 1997, in order to restore investors’ confidence in the Thai banking system, the Government reinforced its effort to accelerate liberalization. As a result, it relaxed the existing foreign shareholding restrictions on domestic commercial banks (Traisoral, 2000). The banking sector attracted US$2. 3 billion of foreign direct investment in 1998 and US$2. 5 billion in 1999 (Bank of Thailand, 1999). Since the eruption of financial crisis, a few commercial banks have been taken over by foreign banks. At the end of 1999, DBS Thai Danu Bank (DTDB), Bank of Asia (BOA), Standard Chartered Nakornthon Bank(SCBN) and UOB Radanasin Bank (UOB-RAB) were the 4 commercial banks which were controlled by foreign corporations. For Thailand, the entry of foreign banks does have it positive effects. Those foreign banks can provide sources of capital, raise the level of technology, and introduce new management philosophies as well as marketing strategies. For example, BOA has increased its number of ATMs, and launched mini branches in subway stations and supermarkets; while UOB-RAB has launched a flexible mortgage-loan package with low interest rates (Montreevat, 2000). Simply put, the competitiveness of the whole banking industry has been enhanced as a result. 2. Restructuring of the Financial Sector The Thai authorities initiated a series of tough measures in relation to domestic financial institutions. Quite a number of unsafe and unsound finance companies have been closed and the remaining ones are subject to strict prudential conditions and supervision. The Bank of Thailand did exercise its enhanced powers to order changes of management in some commercial banks and a finance company. In order to rebuild investors’ confidence, it is foreseeable that this restructuring process will continue. Conclusion This paper has presented an overview of Thailand’s financial institutions with a focus on the banking sector. We first looked at its historical background, and then explored different components in the sector, including the central bank, commercial banks, specialised banks, finance companies and securities companies. At the end, two current trends, namely the foreign entry into Thailand’s commercial banking sector and the restructuring of the financial sector, were discussed. As mentioned at the beginning, it is widely agreed that the ineffectiveness of the Thai banking sector is at least partly to blame for Thailand’s suffering in the Asian Financial Crisis.