The Danger of Divergence PDF Download

Author: Chris Brummer
Publisher:
ISBN: 9781619770447
Category :
Languages : en
Pages :

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Author:
Publisher:
ISBN:
Category : Financial crises
Languages : en
Pages : 47

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Two years after the collapse of Lehman Brothers sparked a meltdown of the global financial system, we are at a crucial point that calls for us to step back and examine our progress in the effort to redesign the rules governing global financial markets. This report focuses on defining the major issues for transatlantic cooperation in their global context, analyzing the effects of proposed rules on the US and European economies, including the impact on the real economy and especially the business sector, and outlining concrete recommendations for policymakers.

Author: Ross P. Buckley
Publisher: Cambridge University Press
ISBN: 1107100933
Category : Business & Economics
Languages : en
Pages : 485

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Taking stock of the 2008 global financial crisis, this book provides 'outside the box' solutions for reforming international financial regulation.

Author: Hagen Kleinert
Publisher: World Scientific
ISBN: 9789810246594
Category : Science
Languages : en
Pages : 526

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This book explains in detail how to perform perturbation expansions in quantum field theory to high orders, and how to extract the critical properties of the theory from the resulting divergent power series. These properties are calculated for various second-order phase transitions of three-dimensional systems with high accuracy, in particular the critical exponents observable in experiments close to the phase transition.Beginning with an introduction to critical phenomena, this book develops the functional-integral description of quantum field theories, their perturbation expansions, and a method for finding recursively all Feynman diagrams to any order in the coupling strength. Algebraic computer programs are supplied on accompanying World Wide Web pages. The diagrams correspond to integrals in momentum space. They are evaluated in 4-î dimensions, where they possess pole terms in 1/î. The pole terms are collected into renormalization constants.The theory of the renormalization group is used to find the critical scaling laws. They contain critical exponents which are obtained from the renormalization constants in the form of power series. These are divergent, due to factorially growing expansion coefficients. The evaluation requires resummation procedures, which are performed in two ways: (1) using traditional methods based on Pad‚ and Borel transformations, combined with analytic mappings; (2) using modern variational perturbation theory, where the results follow from a simple strong-coupling formula. As a crucial test of the accuracy of the methods, the critical exponent à governing the divergence of the specific heat of superfluid helium is shown to agree very well with the extremely precise experimental number found in the space shuttle orbiting the earth (whose data are displayed on the cover of the book).The phi4-theories investigated in this book contain any number N of fields in an O(N)-symmetric interaction, or in an interaction in which O(N)-symmetry is broken by a term of a cubic symmetry. The crossover behavior between the different symmetries is investigated. In addition, alternative ways of obtaining critical exponents of phi4-theories are sketched, such as variational perturbation expansions in three rather than 4-î dimensions, and improved ratio tests in high-temperature expansions of lattice models.

Author:
Publisher:
ISBN:
Category : Science
Languages : en
Pages : 444

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Author: Volbert Alexander
Publisher: Edward Elgar Publishing
ISBN: 9781781958070
Category : Political Science
Languages : en
Pages : 272

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Although the globalization of markets and the rapid growth in worldwide information technologies supports harmonization and integration between countries, substantial differences still exist throughout the world. Global Divergence in Trade, Money and Policy explores the disparities between a range of countries, arguing that their differences are a major factor in international tensions, and will remain a substantial problem for many decades to come. The book analyses the implications of disparities in the areas of economic power, institutional structures, per capita income, international trade, exchange rate systems, financial markets, monetary policy issues, the development of monetary unions and welfare. Case studies encompassing Asia, India, Greece, Mexico, the US and EU accession countries illustrate how differently the globalization process is regarded and valued by countries depending on their own particular circumstances. Exploring the role of different countries in the processes of globalization and shedding light on the issues surrounding economic divergences, this book will strongly appeal to economists with a special interest in globalization, development and international trade.

Author:
Publisher:
ISBN:
Category : Ophthalmology
Languages : en
Pages : 380

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Author: R.M Ballantyne
Publisher: BoD – Books on Demand
ISBN: 3752314974
Category : Fiction
Languages : en
Pages : 182

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Reproduction of the original: The Red Man’s Revenge by R.M Ballantyne

Author: Kim Christian Priemel
Publisher: Oxford University Press
ISBN: 0192563742
Category : History
Languages : en
Pages : 496

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At the end of World War II the Allies faced a threefold challenge: how to punish perpetrators of appalling crimes for which the categories of 'genocide' and 'crimes against humanity' had to be coined; how to explain that these had been committed by Germany, of all nations; and how to reform Germans. The Allied answer to this conundrum was the application of historical reasoning to legal procedure. In the thirteen Nuremberg trials held between 1945 and 1949, and in corresponding cases elsewhere, a concerted effort was made to punish key perpetrators while at the same time providing a complex analysis of the Nazi state and German history. Building on a long debate about Germany's divergence from a presumed Western path of development, Allied prosecutors sketched a historical trajectory which had led Germany to betray the Western model. Historical reasoning both accounted for the moral breakdown of a 'civilised' nation and rendered plausible arguments that this had indeed been a collective failure rather than one of a small criminal clique. The prosecutors therefore carefully laid out how institutions such as private enterprise, academic science, the military, or bureaucracy, which looked ostensibly similar to their opposite numbers in the Allied nations, had been corrupted in Germany even before Hitler's rise to power. While the argument, depending on individual protagonists, subject matters, and contexts, met with uneven success in court, it offered a final twist which was of obvious appeal in the Cold War to come: if Germany had lost its way, it could still be brought back into the Western fold. The first comprehensive study of the Nuremberg trials, The Betrayal thus also explores how history underpins transitional trials as we encounter them in today's courtrooms from Arusha to The Hague.

Author: Jonas Lowgren
Publisher: MIT Press
ISBN: 0262296926
Category : Computers
Languages : en
Pages : 220

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Book Description
The authors of Thoughtful Interaction Design go beyond the usual technical concerns of usability and usefulness to consider interaction design from a design perspective. The shaping of digital artifacts is a design process that influences the form and functions of workplaces, schools, communication, and culture; the successful interaction designer must use both ethical and aesthetic judgment to create designs that are appropriate to a given environment. This book is not a how-to manual, but a collection of tools for thought about interaction design. Working with information technology—called by the authors "the material without qualities"—interaction designers create not a static object but a dynamic pattern of interactivity. The design vision is closely linked to context and not simply focused on the technology. The authors' action-oriented and context-dependent design theory, drawing on design theorist Donald Schön's concept of the reflective practitioner, helps designers deal with complex design challenges created by new technology and new knowledge. Their approach, based on a foundation of thoughtfulness that acknowledges the designer's responsibility not only for the functional qualities of the design product but for the ethical and aesthetic qualities as well, fills the need for a theory of interaction design that can increase and nurture design knowledge. From this perspective they address the fundamental question of what kind of knowledge an aspiring designer needs, discussing the process of design, the designer, design methods and techniques, the design product and its qualities, and conditions for interaction design.