Hazard Risk Resilience Magazine Volume 1 Issue1 | Page 7

07 Exploring groundwater arsenic contamination in Bangladesh The role of trust in the resilience of financial markets An important study from Prof Peter Atkins and Dr Manzurul Hassan explores the spatial variability of groundwater arsenic concentrations in southwest Bangladesh. Arsenic contaminated groundwater currently threatens the health of 70 million people in 61 of 64 districts in Bangladesh. In a fascinating study from Work Package 2 of the Tipping Points project: ‘Financial Crisis in the Banking Sector: Past and Present’, Prof Roman Tomasic and Dr Folarin Akinbami provide keen insights into the role of trust in financial markets including investment firms and commercial banks. Understanding the complex processes of arsenic concentrations in groundwater and how they spread over time is currently needed. The study reveals a highly uneven spatial pattern of arsenic concentrations. Arsenic-safe zones were found mostly concentrated in the north, central and south part of the study area in southwest Bangladesh (Ghona Union, Satkhira District) but were scattered throughout. Arsenic contaminated zones were found in the west and northeast parts of the study area. Modelling used in the study showed a decrease in arsenic concentration with an increase in aquifer depth. (An interview with Dr Manzurul Hassan about the arsenic groundwater disaster in Bangladesh is available on IHRR’s blog: http://wp.me/pSWpn-8Q). Application of geostatistics with Indicator Kriging for analyzing spatial variability of groundwater arsenic concentrations in Southwest Bangladesh. Journal of Environmental Science and Health, Part A. 46, 11 www.ncbi.nlm.nih.gov/pubmed/21879851 Trust is essential to how investment and commercial banks and firms provide services to their customers and each other. Researchers argue that trust is of fundamental importance in maintaining liquidity in financial markets and preventing financial institutions from becoming insolvent during times of crisis. The realisation that sub-prime mortgage loan originators systematically failed to verify the credit-worthiness of sub-prime borrowers triggered a complete shut-down of global credit markets which eventually resulted in a credit crunch and then the global financial crisis. In this study, the authors explore some case studies demonstrating that trust is vital to the global financial system, and can play an important role in mitigating or even preventing global financial crises in the future. The Role of Trust in Maintaining the Resilience of Financial Markets. Journal of Corporate Law Studies 11, 2:369-394(26) http://dro.dur.ac.uk/9327 High unemployment rates in England lead to poor community health New research shows that long-term economic disadvantage associated with low-levels of employment in some parts of England leads to poor community health. The study authored by Dr Mylène Riva and Prof Sarah Curtis looked at employment rates in different areas of England from 1981 to 2008. They examined how employment trends are related to mortality and illness. One group of people in the study lived in disadvantaged areas where employment rates had been persistently low