Using a framework of volatile markets Emerging Market Bank Lending and Credit Risk Control covers the theoretical and practical foundations of contemporary credit risk with implications for bank management. Drawing a direct connection between risk and its effects on credit analysis and decisions, the book discusses how credit risk should be correctly anticipated and its impact mitigated within framework of sound credit culture and process in line with the Basel Accords. This is the only practical book that specifically guides bankers through the analysis and management of the peculiar credit risks of counterparties in emerging economies. Each chapter features a one-page overview that introduces its subject and its outcomes. Chapters include summaries, review questions, references, and endnotes. - Emphasizes bank credit risk issues peculiar to emerging economies - Explains how to attain asset and portfolio quality through efficient lending and credit risk management in high risk-prone emerging economies - Presents a simple structure, devoid of complex models, for creating, assessing and managing credit and portfolio risks in emerging economies - Provides credit risk impact mitigation strategies in line with the Basel Accords
Updated, revised, and restructured to reflect the latest advances in science and applications, the fourth edition of this best-selling industry and research reference covers the fundamental physical acoustics of ultrasonics and transducers, with a focus on piezoelectric and magnetostrictive modalities. It then discusses the full breadth of ultrasonics applications involving low power (sensing) and high power (processing) for research, industrial, and medical use. This book includes new content covering computer modeling used for acoustic and elastic wave phenomena, including scattering, mode conversion, transmission through layered media, Rayleigh and Lamb waves and flexural plates, modern horn design tools, Langevin transducers, and material characterization. There is more attention on process monitoring and advanced nondestructive testing and evaluation (NDT/NDE), including phased array ultrasound (PAUT), long-range inspection, using guided ultrasonic waves (GUW), internally rotary inspection systems (IRIS), time-of-flight diffraction (TOFD), and acoustic emission (AE). These methods are discussed and applied to both metals and nonmetals using illustrations in various industries, including now additionally for food and beverage products. The topics of defect sizing, capabilities, and limitations, including the probability of detection (POD), are introduced. Three chapters provide a new treatment of high-power ultrasonics, for both fluids and solids, and again, with examples of industrial engineering, food and beverage, pharmaceuticals, petrochemicals, and other process applications. Expanded coverage is given to medical and biological applications, covering diagnostics, therapy, and, at the highest powers, surgery. Key Features Provides an overview of fundamental analysis and transducer technologies needed to design and develop both measurement and processing systems Considers applications in material characterization and metrology Covers ultrasonic nondestructive testing and evaluation and high-power ultrasonics, which involves interactions that change the state of material Highlights medical and biomedical applications of ultrasound, focusing on the physical acoustics and the technology employed for diagnosis, therapy, surgery, and research This book is intended for both the undergraduate and graduate scientists and engineers, as well as the working professional, who seeks to understand the fundamentals together with a holistic treatment of the field of ultrasonics and its diversity of applications.
This book’s unique structured approach facilitates learning and incentivizes students to prepare for class. One Federal Rule of Evidence introduces each section, followed by text explaining the background, rationale, and details of the rule. The text includes numerous diagrams as visual aids to learning and short transcripts that illustrate how the rules are applied in the courtroom. The authors emphasize the rules over cases, but include a few edited versions of the seminal cases that every lawyer should know. The heart of the “structured approach” is the Questions for Classroom Discussion, which follow the narrative explanation for each rule. These questions consist of simple hypothetical cases allowing for a step-by-step analysis of each section of the pertinent rule. Because students know what questions the professor will ask in class, they quickly learn that preparation pays off. Evidence: A Structured Approach, Fifth Edition alsoallows students to download the questions directly for the book’s page on WKLegaledu.com into their notes before class, freeing students to spend more time thinking and less time typing. New to the Fifth Edition: New author Kevin Lapp brings a highly effective manner of communicating with students reminiscent of one of the original authors of this text, David Leonard. Extensive revisions to make the text more accessible to students and easier to teach from, and to reflect recent developments in the law: Shorter length (by more than 200 pages) avoids diversions and details better left to treatment in law reviews or advanced courses Exam Tip boxes at strategic points in each chapter help students understand how a given rule is typically tested Key Questions boxes at the beginning of each chapter (with concise answers in the appendix)assist the student in focusing on the heart of the material about to be covered More charts and diagrams to help students visualize complex concepts and the connections between rules Professors and student will benefit from: The structured approach—a series of short hypotheticals for class discussion—are provided for each rule. Each hypo in a series builds on the previous hypos until it is clear what the key parts of the rule mean and how those parts work together. Because students know in advance what questions will be the focus of class discussion, they have a strong incentive to come to class prepared. This approach is how most professors teach evidence law, even when they use a book that emphasizes cases—by presenting a series of hypos that build upon one another. The difference is that this book complements how most professors already teach the course. The Hearsay chapter—this difficult topic is taught through literally hundreds of examples. The narrative explanations are supported by visual depictions of key concepts. This includes diagrams that show students how to tell hearsay from non-hearsay by thinking about the logical steps that connect a statement to the fact it is offered to prove (Statement --> Inference --> Conclusion). Streamlined, manageable length—makes it easy for professors to cover and students to focus on the important material. The impact of new technology and recent rule amendments—explored through cases and problems.
A fearsome aspect of management is the performance appraisal. It has become a byword for unfairness and irritation among employees. Some management writers are even proposing in doing away with it. We agree that the current method of appraisal is unsustainable and counterproductive. In this book, we discuss Performance LeadershipTM – the idea of leading employee performance, which should be the focus of management. Just doing appraisal or evaluation is not enough. Managers must incorporate the entire model of performance management and use it to lead within their workgroup, department, or organization. We walk managers through the steps of Performance Leadership, discussing the benefits and pitfalls of each step. The idea of making performance management work as a leadership style is new and simple, but it takes dedication to complete the task. This book is valuable for supervisors, managers, human resource staff, and others – anyone who needs to manage performance!
Bank Risk Management in Developing Economies: Addressing the Unique Challenges of Domestic Banks provides an up-to-date resource on how domestically-based banks in emerging economies can provide financial services for all economic sectors while also contributing to national economic development policies. Because these types of bank are often exposed to risky sectors, they are usually set apart from foreign subsidiaries, and thus need risk models that foreign-based banks do not address. This book is the first to identify these needs, proposing solutions through the use of case studies and analyses that illustrate how developing economic banking crises are often rooted in managing composite risks. The book represents a departure from classical literature that focuses on assets, liabilities, and balance sheet management, by which developing economy banks, like their counterparts elsewhere, have not fared well. - Contains fifty cases that reinforce risk management best practices - Provides a consistent chapter format that includes abstract, keywords, learning focus, and outcomes - Summaries, questions, and glossaries conclude each chapter
Tired of paying the painter to create a mess on your floors? Can’t be held up another day waiting for a plumber between 9 and 5? Feeling threatened by the growing pile of fix-it projects in your basement? Marie’s Home Improvement Guide offers all the tips you need to tackle these projects by yourself! Marie L. Leonard, owner of her own home improvement business, has been teaching home repair to women for years. With the belief that women shouldn’t have to depend on others for home repair, Leonard is helping thousands of women save money and time, conquering the fear of do-it-yourself work. Marie’s Home Improvement Guide provides readers with the know-how to tackle projects around the house. Leonard covers the basics: introduction to tools, safety precautions, necessary prep-work, and shopping for the right materials. Leonard’s tips are written in an informative and accessible manner, paired with detailed illustrations. A reassuring source of encouragement, Marie’s Home Improvement Guide is a must-have book for all first-time do-it-yourselfers.
Leonard Levy traces the development and implementation of forfeiture and contends that it is a questionable practice, which, because it is so often abused, serves only to undermine civil society. Arguing that civil forfeiture is unconstitutional, Levy provides examples of the victimization of innocent people and demonstrates that it has been used primarily against petty offienders rather than against its original targets, members of organized crime.
Unexpected Expectations: The Curiosities of a Mathematical Crystal Ball explores how paradoxical challenges involving mathematical expectation often necessitate a reexamination of basic premises. The author takes you through mathematical paradoxes associated with seemingly straightforward applications of mathematical expectation and shows how these unexpected contradictions may push you to reconsider the legitimacy of the applications. The book requires only an understanding of basic algebraic operations and includes supplemental mathematical background in chapter appendices. After a history of probability theory, it introduces the basic laws of probability as well as the definition and applications of mathematical expectation/expected value (E). The remainder of the text covers unexpected results related to mathematical expectation, including: The roles of aversion and risk in rational decision making A class of expected value paradoxes referred to as envelope problems Parrondo’s paradox—how negative (losing) expectations can be combined to give a winning result Problems associated with imperfect recall Non-zero-sum games, such as the game of chicken and the prisoner’s dilemma Newcomb’s paradox—a great philosophical paradox of free will Benford’s law and its use in computer design and fraud detection While useful in areas as diverse as game theory, quantum mechanics, and forensic science, mathematical expectation generates paradoxes that frequently leave questions unanswered yet reveal interesting surprises. Encouraging you to embrace the mysteries of mathematics, this book helps you appreciate the applications of mathematical expectation, "a statistical crystal ball." Listen to an interview with the author on NewBooksinMath.com.
Stay on top of the new Java features (up to JDK 21) and find efficient solutions for your programming woes. With over 250 problems and solutions, you'll learn new ways to deal with real-world coding tasks and answers to common interview questions. Purchase of the print or Kindle book includes a free PDF eBook Key Features Solve Java programming challenges and get interview-ready with the power of modern Java 21 Test your Java skills using language features, algorithms, data structures, and design patterns Explore tons of examples, all fully refreshed for this edition, meant to help you accommodate JDK 12 to JDK 21 Book DescriptionThe super-fast evolution of the JDK between versions 12 and 21 has made the learning curve of modern Java steeper, and increased the time needed to learn it. This book will make your learning journey quicker and increase your willingness to try Java’s new features by explaining the correct practices and decisions related to complexity, performance, readability, and more. Java Coding Problems takes you through Java’s latest features but doesn’t always advocate the use of new solutions — instead, it focuses on revealing the trade-offs involved in deciding what the best solution is for a certain problem. There are more than two hundred brand new and carefully selected problems in this second edition, chosen to highlight and cover the core everyday challenges of a Java programmer. Apart from providing a comprehensive compendium of problem solutions based on real-world examples, this book will also give you the confidence to answer questions relating to matching particular streams and methods to various problems. By the end of this book you will have gained a strong understanding of Java’s new features and have the confidence to develop and choose the right solutions to your problems.What you will learn Adopt the latest JDK 21 features in your applications Explore Records, Record Patterns, Record serialization and so on Work with Sealed Classes and Interfaces for increasing encapsulation Learn how to exploit Context-Specific Deserialization Filters Solve problems relating to collections and esoteric data structures Learn advanced techniques for extending the Java functional API Explore the brand-new Socket API and Simple Web Server Tackle modern Garbage Collectors and Dynamic CDS Archives Who this book is for If you are a Java developer who wants to level-up by solving real-world problems, then this book is for you. Working knowledge of the Java programming language is required to get the most out of this book
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