Disciplinary Literacies Research Paper Example | Topics and Well Written Essays - 1500 words

Disciplinary Literacies - Research Paper Example ghlight how finance as a field provided a framework for explaining and solving economic issues and approaching problems in a systematic and efficient manner. The first is a scholarly paper entitled, The Role of Financial Innovations in the Current Global Financial Crisis written by Yoon-Shik Park. It was published in 2009 and was an immediate discourse of the global economic crisis that began two years earlier. The trade journal is entitled Prospects in the Global Financial crisis. Both of these articles revise how the financial crises are perceived. Being of scholarly extraction, it is mainly descriptive in nature, opting to use secondary sources or a wide array of prior literature and theorizing in order to depict the financial dilemma. The article introduced some sort of model to solve its identified problem. The writer directly stressed the need to address the issues of securitization and regulation to prevent a similar crisis from happening in the future. The author took pains in presenting empirical evidence, albeit all secondary, to support his positions. There was a good number of theories and statistical figures to support assertions. The revisionist argument centered on the need for financial innovations and reform. The trade journal article focused on a different angle of the financial crisis. It devoted a good amount of space and content on specific points that would appeal to its readers most. For example, it talked about the impact of the financial crisis on the Western market. It also outlined the likely short- and long-term effects on the Asia Pacific region. It has also proposed very specific solutions, according to specific stakeholder, such strict regulation so that the effects of crisis are either mitigated or diluted. The information provided seeks to revise regional attitudes towards the financial crisis. It cited that those less affected by the meltdown should not be content with the existing conditions that cushioned their economies but