This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation targeting, the interest rate is the main monetary policy tool for influencing activity and inflation, and there is little agreement about the appropriate role of the exchange rate.The exchange rate is a more important monetary policy tool for emerging economies that have adopted inflation targeting than it is for inflation-targeting advanced economies. Inflation-targeting emerging economies generally have less flexible exchange rate arrangements and intervene more frequently in the foreign exchange market than their advanced economy counterparts. The enhanced role of the exchange rate reflects these economies' greater vulnerability to exchange rate shocks and their less developed financial markets. However, their sharper focus on the exchange rate may cause some confusion about the commitment of their central banks to achieve the inflation target and may also complicate policy implementation. Global inflation pressures, greater exchange rate volatility, and the financial stresses from the global financial turmoil that began in mid-2007 are heightening these tensions.
Offers a comprehensive overview of NAND flash memories, with insights into NAND history, technology, challenges, evolutions, and perspectives Describes new program disturb issues, data retention, power consumption, and possible solutions for the challenges of 3D NAND flash memory Written by an authority in NAND flash memory technology, with over 25 years’ experience
Inspired by the hit Ubisoft franchise Watch Dogs The Tokyo Metropolitan Government decided to introduce J-ctOS, an urban infrastructure management system developed by Blume Japan. People's lives have changed completely due to the convenience of improved infrastructure, and the ease of interconnectivity. Everything is fine, as long as they don't think too hard about what lurks in the shadows behind closed doors at the Blume corporation... "It's a great-looking manga with detailed backgrounds that bring the futuristic setting to life. It's like a fun action flick, albeit one you've probably seen before: scrappy underdogs taking on the world when it didn't seem like they had a chance." — Lauren Ortini, Anime News Network
Understand a vital new bioanalytical technique with this comprehensive introduction to measuring temperature on the cellular scale Most organisms have highly controlled body temperatures, fluctuations in which are therefore sensitive indicators of changes in body function. In recent years, the development of fluorescent molecular thermometers and related intracellular temperature probes has enabled researchers to track these fluctuations at the cellular rather than the organismic level, opening up a whole new field of study in cell and molecular biology. Intracellular Thermometry with Fluorescent Molecular Thermometers provides bioanalytical researchers with an introduction to these technologies and their current and future applications. Starting off with a discussion of temperature as a key factor in biological regulation, it provides an authoritative overview of available fluorescent temperature probes, their characteristics and potential applications. Intracellular Thermometry with Fluorescent Molecular Thermometers readers will also find: Step by step instructions for constructing an intracellular thermometry experiment and validating results Comprehensive discussion of existing applications A vision for the future development of thermal biology as an independent discipline Authored by a pioneer in the field of intracellular thermometry, Intracellular Thermometry with Fluorescent Molecular Thermometers is ideal for researchers in analytical chemistry, cell biology, molecular biology, biophysics, or any related subjects.
Adios to Tears is the very personal story of Seiichi Higashide (1909–97), whose life in three countries was shaped by a bizarre and little-known episode in the history of World War II. Born in Hokkaido, Higashide emigrated to Peru in 1931. By the late 1930s he was a shopkeeper and community leader in the provincial town of Ica, but following the outbreak of World War II, he—along with other Latin American Japanese—was seized by police and forcibly deported to the United States. He was interned behind barbed wire at the Immigration and Naturalization Service facility in Crystal City, Texas, for more than two years. After his release, Higashide elected to stay in the U.S. and eventually became a citizen. For years, he was a leader in the effort to obtain redress from the American government for the violation of the human rights of the Peruvian Japanese internees. Higashide’s moving memoir was translated from Japanese into English and Spanish through the efforts of his eight children, and was first published in 1993. This second edition includes a new Foreword by C. Harvey Gardiner, professor emeritus of history at Southern Illinois University and author of Pawns in a Triangle of Hate: The Peruvian Japanese and the United States; a new Epilogue by Julie Small, cochair of Campaign for Justice–Redress Now for Japanese Latin Americans; and a new Preface by Elsa H. Kudo, eldest daughter of Seiichi Higashide.
This tract describes in detail the semiconductor components of the high-frequency front end-the electronic tuner-of televisions and VCRs. These high-frequency components substantially determine performance, including clarity of reception, and thus their quality is crucial to the success of electronic tuners. The semiconductor devices involved-voltage-variable capacitance diodes, band-switch diodes, dual-gate FETs, and others-are discussed in this book, as is their performance as mediators of tuning and amplification. Special emphasis is put on the analysis of distortion characteristics of tuning diodes and FETs, which are essential in providing tuners with high endurance against interfering signals. Design and fabrication processes well suited for mass production are also described. The content will be most informative not only to those involved in R&D and production of semiconductor devices, but also to high-frequency systems designers.
Moving Particle Semi-implicit Method: A Meshfree Particle Method for Fluid Dynamics begins by familiarizing the reader with basic theory that supports their journey through sections on advanced MPH methods. The unique insights that this method provides include fluid-structure interaction, non-Newtonian flow, and cavitation, making it relevant to a wide range of applications in the mechanical, structural, and nuclear industries, and in bioengineering. Co-authored by the originator of the MPS method, this book is the most authoritative guide available. It will be of great value to students, academics and researchers in industry. - Presents the differences between MPH and SPH, helping readers choose between methods for different purposes - Provides pieces of computer code that readers can use in their own simulations - Includes the full, extended algorithms - Explores the use of MPS in a range of industries and applications, including practical advice
This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation targeting, the interest rate is the main monetary policy tool for influencing activity and inflation, and there is little agreement about the appropriate role of the exchange rate.The exchange rate is a more important monetary policy tool for emerging economies that have adopted inflation targeting than it is for inflation-targeting advanced economies. Inflation-targeting emerging economies generally have less flexible exchange rate arrangements and intervene more frequently in the foreign exchange market than their advanced economy counterparts. The enhanced role of the exchange rate reflects these economies' greater vulnerability to exchange rate shocks and their less developed financial markets. However, their sharper focus on the exchange rate may cause some confusion about the commitment of their central banks to achieve the inflation target and may also complicate policy implementation. Global inflation pressures, greater exchange rate volatility, and the financial stresses from the global financial turmoil that began in mid-2007 are heightening these tensions.
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