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And the seeds sown by the young men of 65 and 67 are coming to their miraculous ripening today. Pearse argued that it was only by bloodshed and self immolation that a better society could be created in Ireland. This was even if Home Rule had been achieved. A rebellion was necessary not just against political rule from England, but also as a cleansing or purging of the suffocating cultural hegemony of that island to the east of Ireland. It would also re energise the Fenians by exposing them to the battlefront in the service of their country. However, there is the ever present danger of anachronism, of reading back into Pearses writings and speeches a justification for his actions on Easter Week 1916. This should also be said of Canon Sheehans despair for an imagined Ireland of his youth. Yet both men shared concerns about education, and both penned poetry which expressed their innermost thoughts more cogently perhaps than their formal essays or novels. Products of similar yet different social milieus, and different in almost all respects in terms of career, Pearse and PA Sheehan nevertheless were infused with a spirit of Jacobinism, of emotional patriotism, and of anger at the status quo ante. Both men were trapped, but found some form of escapology prior to their untimely deaths. In a perhaps serendipitous way, both triumphed from perceived failure.
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It aims to provide a comprehensive means for countries to benchmark various aspects of their financial systems and establish priorities for improvement. HK first rose to the top in 2011, becoming the first Asian city to achieve this rank. HK scored higher on both banking and financial services, financial markets, with an increase in the size and efficiency of its banking sector and strong equity and bond markets. These markets profit strongly from the contribution of mainland Chinese companies. For example, in 2011, 43% of firms listed on the HK Stock Exchange were mainland Chinese companies, accounting for 56% of the Exchanges market capitalization. The United States occupies the second place. Its score has increased a little since last year, which shows an improvement in the financial stability as its banking system is becoming more stable. This also shows that their banks are preparing for regulatory reform and strengthening the balance sheets. The United Kingdom ranks third on the Index. Comparing with last years data, it is not surprising that the top three are as the same. Ireland is placed the 20th in the survey, which has improved two places from last year.
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