This book evaluates the salient features of Japanese relation-based banking, particularly in the post war period, and Anglo-American mode of banking to explain the nature and extent of transition failure that caused prolonged financial and economic slump in Japan.
This book presents a critical reassessment of theories of property rights, in response to conflicts and competition between different groups, and the state. It does so by taking an institutional political perspective to analyse the structures of property rights, with a focus on a series of case studies from Bangladesh. In doing so, the book highlights the importance of property rights for economic growth, why developing countries often fail to design property rights conducive for economic development, and the strategies required for designing an efficient structure of rights. Since property rights falls within the domain of Law and Economics, the book ventures to explain legal issues from an economic perspective, resulting in empirical analysis that comprises both legal and non-legal cases.
Indonesia is the most populous Muslim country in the world. Taking into account also its endowment and potential economic resources, the Islamic banking industry in Indonesia was expected to take on an important role in facilitating more financial resources and to contribute to the internationalization of the Islamic mode of financing particularly in the Asia-Pacific region. However, the reality is far from the expectation. This book aims to clarify the causes and fundamental constraints leading to the extraordinarily low level of Indonesia’s Islamic financial deepening. The authors draw on the traditions of Institutional Economics which are concerned with the rules or mechanisms of creating the 'incentive' and 'threat' for economic players because the rules (institutions) would matter as the determinant for economic development and economic efficiency. This book offers a fairly new analytical lens by hypothesizing that Islamic banks must earn additional profit– the authors coined as ‘Islamic bank rent’ - to maintain their franchise value as prudent Shari’ah-compliant lenders when compared to conventional banks. The authors argued that insufficient provision of the Islamic bank rent opportunity may have caused the Indonesia’s Islamic banks the opportunity to learn and improve their skill and capacity for the credit risk management. The book also offers evidence in support of implementing economic and affirmative policy necessary for incubating and developing the Islamic banking industry in Indonesia and making Indonesia an international Islamic financial hub in the Asia-Pacific region. This book will be a useful resource for policy makers and researchers interested in Islamic banking in Indonesia.
This book analyzes the impact of Basel Accord in Bangladesh. More specifically, it focuses on the credit risk homogenization under standardized approach of Basel Accord where External Credit Rating Agencies (ECAIs) are allowed to rate the exposures, the potential risk of allowing sub-ordinated debt (Sub-debt) as Tier 2 capital, and multiple bank distress cases as a real-world scenarios. In doing so, the book explores why the ECAIs rating fail to capture the real credit risk of exposure and to what extent sub-debt is reliable as regulatory capital. With that, the book's scope is categorized into three tracts (i) analyzes the ECAIs incentive and sanction issues from institutional economics perspective (ii) discusses the ill-impact of Naïve adoption of sub-ordinated debt as regulatory capital and its associated risk on financial system, and (iii) providing readers an empirical illustrations of bank distress when an economy tapped into institutional failures in the above-mentioned tracts (i) and (ii).
Indonesia is the most populous Muslim country in the world. Taking into account also its endowment and potential economic resources, the Islamic banking industry in Indonesia was expected to take on an important role in facilitating more financial resources and to contribute to the internationalization of the Islamic mode of financing particularly in the Asia-Pacific region. However, the reality is far from the expectation. This book aims to clarify the causes and fundamental constraints leading to the extraordinarily low level of Indonesia’s Islamic financial deepening. The authors draw on the traditions of Institutional Economics which are concerned with the rules or mechanisms of creating the 'incentive' and 'threat' for economic players because the rules (institutions) would matter as the determinant for economic development and economic efficiency. This book offers a fairly new analytical lens by hypothesizing that Islamic banks must earn additional profit– the authors coined as ‘Islamic bank rent’ - to maintain their franchise value as prudent Shari’ah-compliant lenders when compared to conventional banks. The authors argued that insufficient provision of the Islamic bank rent opportunity may have caused the Indonesia’s Islamic banks the opportunity to learn and improve their skill and capacity for the credit risk management. The book also offers evidence in support of implementing economic and affirmative policy necessary for incubating and developing the Islamic banking industry in Indonesia and making Indonesia an international Islamic financial hub in the Asia-Pacific region. This book will be a useful resource for policy makers and researchers interested in Islamic banking in Indonesia.
This book evaluates the salient features of Japanese relation-based banking, particularly in the post war period, and Anglo-American mode of banking to explain the nature and extent of transition failure that caused prolonged financial and economic slump in Japan.
This book presents a critical reassessment of theories of property rights, in response to conflicts and competition between different groups, and the state. It does so by taking an institutional political perspective to analyse the structures of property rights, with a focus on a series of case studies from Bangladesh. In doing so, the book highlights the importance of property rights for economic growth, why developing countries often fail to design property rights conducive for economic development, and the strategies required for designing an efficient structure of rights. Since property rights falls within the domain of Law and Economics, the book ventures to explain legal issues from an economic perspective, resulting in empirical analysis that comprises both legal and non-legal cases.
This book analyzes the impact of Basel Accord in Bangladesh. More specifically, it focuses on the credit risk homogenization under standardized approach of Basel Accord where External Credit Rating Agencies (ECAIs) are allowed to rate the exposures, the potential risk of allowing sub-ordinated debt (Sub-debt) as Tier 2 capital, and multiple bank distress cases as a real-world scenarios. In doing so, the book explores why the ECAIs rating fail to capture the real credit risk of exposure and to what extent sub-debt is reliable as regulatory capital. With that, the book's scope is categorized into three tracts (i) analyzes the ECAIs incentive and sanction issues from institutional economics perspective (ii) discusses the ill-impact of Naïve adoption of sub-ordinated debt as regulatory capital and its associated risk on financial system, and (iii) providing readers an empirical illustrations of bank distress when an economy tapped into institutional failures in the above-mentioned tracts (i) and (ii).
This volume presents the new objectives of physics on self-organizing systems composed of multi-components, in order to create a new field and establish universal comprehension in physics. The book covers broad topics such as the thermodynamic time asymmetry in both transient and stationary nonequilibrium states, the seriousness of auxiliary conditions in physicochemical processes and biological systems, the quantum-classical and micro-macro interfaces which are familiar in mesoscopic physics, the purification scheme of quantum entanglement, topics on gamma-ray bursts, and the walking mechanism of single molecular motors. Sample Chapter(s). Bio-Physics Manifesto for the Futureof Physics and Biology (570 KB). Contents: Biophysics: Bio-Physics Manifesto OCo For the Future of the Physics and Biology (Y Oono); Single Molecule Force Measurement for Protein Synthesis on the Ribosome (S Uemura); A Rod Probe Reveals Gait of Myosin V (K Shiroguchi); Mechanism of Spontaneous Oscillation Emerging from Collective Molecular Motors (Y Shimamoto and S Ishiwata); Simulated Rotational Diffusion of F o Molecular Motor (H Yamasaki & M Takano); Nonequilibrium Statistical Physics and Related Topics: Thermodynamic Time Asymmetry and Nonequilibrium Statistical Mechanics (P Gaspard); A Measurement-Based Purification Scheme and Decoherence (H Nakazato); Quantum Fluctuation Theorem in the Existence of the Tunneling and the Thermal Activation (T Monnai); Statistical Properties of the Inter-Occurrence Times in the Two-Dimensional Stick-Slip Model of Earthquakes (T Hasumi & Y Aizawa); Second Harmonic Generation and Polarization Microscope Observations of Quantum Relaxor Lithium Doped Potasium Tantalate (H Yokota & Y Uesu); Thermoelectric Properties of Ni-Doped LaRh0 3 (S Shibasaki et al.); Collective Precession of Chiral Liquid Crystals Under Transmembrane Mass Flow (G Watanabe et al.); Interplay of Excitons with Free Carriers in Carrier Tunneling Dynamics (S Lu et al.); Astrophysics as Interdisciplinary Science: New View on Quantum Gravity: Micro-Structure of Spacetime and Origin of the Universe (B L Hu); Colliding Branes and Its Application to String Cosmology (Y Takamizu); One-Loop Corrections to Scalar and Tensor Perturbations During Inflation (Y Urakawa & K Maeda); Variational Calculation for the Equation of State of Nuclear Matter Toward Supernova Simulations (H Kanzawa et al.); Two Strong Radio Bursts at High and Medium Galactic Latitude (S Kida & T Daishido); Effects of QCD Phase Transition on the Ejected Elements from the Envelopes of Compact Stars (Y Yasutake et al.). Readership: Physicists, biologists and material scientists.
The term "soft power" describes a country's ability to get what it wants by attracting rather than coercing others - by engaging hearts and minds through cultural and political values and foreign policies that other countries see as legitimate and conducive to their own interests.This book analyzes the soft power assets of the United States and Japan, and how they contributed to one of the most successful, if unlikely, bilateral relationships of the twentieth century. Sponsored by the U.S. Social Science Research Council and the Japan Foundation's Center for Global Partnership, the book brings together anthropologists, political scientists, historians, economists, diplomats, and others to explore the multiple axes of soft power that operate in the U.S.-Japanese relationship, and between the United States and Japan and other regions of the world.The contributors move beyond an "either-or" concept of hard versus soft power to a more dynamic interpretation, and demonstrate the important role of non-state actors in wielding soft power. They show how public diplomacy on both sides of the Pacific - bolstered by less formal influences such as popular cultural icons, product brands, martial arts, baseball, and educational exchanges - has led to a vibrant U.S.-Japanese relationship since World War II despite formidable challenges. Emphasizing the essentially interactive nature of persuasion, the book highlights an approach to soft power that has many implications for the world today.
This title contains the most up-to-date and comprehensive information on the development of the Charge-Coupled Device (CCD), which makes possible the widespread use of consumer camcorders and broadcasting color cameras. It is comprehensive enough to be of great value to researchers, industrialists and post-graduate students in image technology.
A master forger lives in obscurity and disappointment, oppressed by the shadow of the artist whose work he copies. Unglamorous, unadorned lives such as this form the focus of Yasushi Inoue's tenderly observed, elegantly distilled short stories - two of which are appearing in English for the first time. With a haunting emotional intensity, they offer glimpses of love lost and lives wasted. These three luminous, compassionate tales showcase the mastery and exquisite talent of one of Japan's most beloved writers.
This Japanese literature collection contains four translated stories from two of Japan's most beloved and acclaimed fiction writers. The Izu Dancer, Yasunari Kawabata's first work to bring him recognition as a writer, is a novella about six Izu Peninsula travelers. As the six travelers journey together, intimacy develops and friendship overcomes class differences. Capturing the shy eroticism of adolescence, The Izu Dancer is a charming picture of the times. Yasushi Inoue's The Counterfeiter, although set in modern times, poses universal questions that transcend culture an era. Abasute and The Full Moon both explore themes of separation, loneliness, and isolation. Through the gloomy tales, Inoue's compassion shines, revealing yet another aspect of an author known for his vivid precision and economy of words. Inoue's stories are at least partially autobiographical, and Inoue's attitudes toward human destiny and fatalism are strongly influenced by his separation from his parents at an early age—yet all of his stories reveal his great compassion for his fellow human being.
These three stories illustrate Inoue's versatility, his mastery of detail and his control of narrative structure. Inoue presents the tale as mystery and solution, the tale as psychoanalytic exploration…, the tale as emblematic social history." —Arizona Quarterly In The Counterfeiter, a writer is commissioned to write the biography of a famous painter but becomes fascinated by a man who produced forgeries of the artist's work. Obasute concerns a man's obsession with a legend of old women being taken to a mountain and abandoned, and his interpretation of the actions of members of his family in light of this legend. The Full Moon is a story of company politics, particularly the rise and fall of firm's president, told largely through incidents at annual company parties. Yasushi Inoue was born in 1907. He rose quickly to become one of Japan's most important contemporary writers, winning almost every major Japanese literary prize. Inoue died in 1991.
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.