Since the 1970s, the practice of financing major private and public sector capital-intensive projects has shifted to an ever-greater reliance on private funding sources, as opposed to direct financing through the issuance of corporate or government bonds. In the 1990s, these financing practices have undergone further changes with the increasing globalization of capital markets, the growth of derivative instruments, and the rapid increase in information technology that enhances cash-management practices. Today's project financing market is increasingly using sophisticated capital market, bank and agency financing mechanisms as well as using derivative instruments for asset and liability management. Thus, financial market innovations are bringing the once separate fields of project financing and international finance more closely together. This is the first book to treat both topics as an interrelated whole, for contemporary project financing cannot be fully understood without a good working knowledge of the international financial markets that have developed the various financing techniques and funding sources being used. The book provides an in-depth description of cross-border project financing as a technique for financing capital-intensive projects, as well as an overview of certain financing and derivative instruments currently available in the global financial markets. The first part of the book provides an overview of certain funding and derivative instruments currently used in the international financial markets, including a general overview of financial innovations that have occurred in recent decades. Topics covered include an introduction to the syndicated Euro-credit market; an overview of various marketable debt securities actively used in the international financial markets; an introduction to depositary receipt as an innovative way of raising cross-border equity capital; an elaboration of the derivative instruments most commonly used in the project financing arena, including interest rate, currency and commodity swaps; and finally an overview of banks' off-balance sheet activities as a critical driving force for the participation of banks in the international financial and derivative markets. The second part of the book provides an in-depth analysis of project financing that concentrates on the financier's perspective. Topics covered include a general overview of the project financing industry; a step-by-step description of a typical cross-border project finance transaction; a description of the main characteristics and advantages of project financing as opposed to more traditional corporate lending practices; an overview of appraisal techniques for assessing project financing; a comprehensive analysis of the different risk management techniques used in project financing for reducing, distributing and hedging risks; and a brief overview of certain limited-resource financing schemes. The book includes a special focus on the various stages of the risk management process for project financing, elaborating on the different stages of risk identification, risk assessment, risk reduction, risk distribution and hedging and insurance. The authors also provide a comprehensive glossary of terms relating to international finance and project financing. This book will fulfill the need for an essential text on project financing as well as a professional reference guide.
During the past several decades, tremendous progress has been made in terahertz (THz) science and technology. There is a continuing need to have terahertz waves ready for practical applications. Terahertz photonic and electronic devices are being readied to be employed in application systems such as communication links, satellite communications, radar, surveillance, hard/soft material heating, biomedical treatment, and biomedical diagnostics. This book focuses on the advances in terahertz source technologies both from photonics and electronics (solid-state and vacuum-state) points of view. Written in a noncomplicated language, the book will be useful for a broad spectrum of readers, including advanced undergraduate- and graduate-level students in electronics and photonics, researchers in various disciplines in physics, chemistry, biology, astronomy, and electrical engineering, system engineers in various industrial sectors, general readers, and those who are interested in the interaction between electromagnetic waves and matters and in the effects of electromagnetic waves on matters.
This thesis describes in-depth theoretical efforts to understand the reaction mechanism of graphite and lithium metal as anodes for next-generation rechargeable batteries. The first part deals with Na intercalation chemistry in graphite, whose understanding is crucial for utilizing graphite as an anode for Na-ion batteries. The author demonstrates that Na ion intercalation in graphite is thermodynamically unstable because of the unfavorable Na-graphene interaction. To address this issue, the inclusion of screening moieties, such as solvents, is suggested and proven to enable reversible Na-solvent cointercalation in graphite. Furthermore, the author provides the correlation between the intercalation behavior and the properties of solvents, suggesting a general strategy to tailor the electrochemical intercalation chemistry. The second part addresses the Li dendrite growth issue, which is preventing practical application of Li metal anodes. A continuum mechanics study considering various experimental conditions reveals the origins of irregular growth of Li metal. The findings provide crucial clues for developing effective counter strategies to control the Li metal growth, which will advance the application of high-energy-density Li metal anodes.
Tremendous progress has been made in the geological understanding of the Korean seas with the advances in sophisticated exploration techniques, specifically in the areas of marine geophysics, sedimentology, geochemistry, and palaeoceanography, since Marine Geology of Korean Seas was first published in 1983. This book gives a comprehensive overview of the marine geology of these unique seas, including physiography, sedimentary facies and depositional processes of surface sediments, sequence stratigraphy, geologic structures, and basin evolution. In this edition, new results and interpretations have been incorporated that help to formulate geological models on the evolution of the Korean seas in relation to the adjacent continents.
This book equips students with a thorough understanding of various types of sensors and biosensors that can be used for chemical, biological, and biomedical applications, including but not limited to temperature sensors, strain sensor, light sensors, spectrophotometric sensors, pulse oximeter, optical fiber probes, fluorescence sensors, pH sensor, ion-selective electrodes, piezoelectric sensors, glucose sensors, DNA and immunosensors, lab-on-a-chip biosensors, paper-based lab-on-a-chip biosensors, and microcontroller-based sensors. The author treats the study of biosensors with an applications-based approach, including over 15 extensive, hands-on labs given at the end of each chapter. The material is presented using a building-block approach, beginning with the fundamentals of sensor design and temperature sensors, and ending with more complicated biosensors.New to this second edition are sections on op-amp filters, pulse oximetry, meat quality monitoring, advanced fluorescent dyes, autofluorescence, various fluorescence detection methods, fluoride ion-selective electrode, advanced glucose sensing methods including continuous glucose monitoring, paper-based lab-on-a-chip, etc. A new chapter on nano-biosensors and an appendix on microcontrollers make this textbook ideal for undergraduate engineering students studying biosensors. It can also serve as a hands-on guide for scientists and engineers working in the sensor or biosensor industries.
The 2002 Workshop on Frontiers in Electronics was the third in the series of WOFE workshops. Over 70 leading experts from academia, industry, and government agencies reported on the most recent developments in their fields and exchanged views on future trends and directions of the electronics and photonics industry. The issues they addressed ranged from system-on-chip to DNA doping, from ultrathin SOI to electrotextiles, from photonics integration on the ULSI platform to wide band gap semiconductor devices and solid state lighting. The rapid pace of electronic technology evolution compels a merger of different technical areas, and WOFE-02 provided a unique opportunity for cross-fertilization of the emerging fields of microelectronics, photonics, and nanoelectronics. The workshop was informal and stimulated provocative views, visionary outlooks, and discussions on controversial issues. Contents: Optical Wave Propagation in Periodic Structures (A Yariv & S Mookherjea); MEMS Technology for Advanced Telecommunication Applications (H-G Lee et al.); Low Temperature Physics at Room Temperature in Water: Charge Inversion in Chemical and Biological Systems (A Yu Grosberg et al.); Materials for Strained Silicon Devices (P M Mooney); System-on-Chip Integration (R R Doering); Nanoelectronics: Some Current Aspects and Prospects (R Hull et al.); Electrotextiles (E Ethridge & D Urban); System Impact of Silicon Carbide Power Devices (B Ozpineci et al.); Hot-Phonon Limited Electron Energy Relaxation in AIN/GaN (A Matulionis et al.); Polar-Optical Phonon Enhancement of Harmonic Generation in Schottky Diodes (B Gelmont et al.); Environmental Sensing of Chemical and Biological Warfare Agents in the THz Region (A C Samuels et al.); Thermal Management in Optoelectronics (D K Johnstone); Spectral Response Measurements of Short Wave Infrared Detectors (SWIR) (T F Refaat et al.); Full-Chip Power-Supply Noise: The Effect of On-Chip Power-Rail Inductance (C W Fok & D L Pulfrey); Quantum Dot Superlattices in a Constant Electric Field: Localization and Bloch Oscillations (R A Suris & I A Dmitriev); and other papers. Readership: Scientists, engineers and graduate students working in the area of microelectronics, semiconductor materials and devices.
Grasp the Essential Principles of Membrane Bioreactor ProcessesEvolved from the conventional activated sludge (CAS) process, membrane bioreactor (MBR) processes have become the next-generation solution for municipal and industrial wastewater treatment and recycle. Membrane Bioreactor Processes: Principles and Applications explores nearly all the th
This book gives an overview of the existing self-healing nanotextured vascular approaches. It describes the healing agents used in engineering self-healing materials as well as the fundamental physicochemical phenomena accompanying self-healing. This book also addresses the different fabrication methods used to form core–shell nanofiber mats. The fundamental theoretical aspects of fracture mechanics are outlined. A brief theoretical description of cracks in brittle elastic materials is given and the Griffith approach is introduced. The fracture toughness is described, including viscoelastic effects. Critical (catastrophic) and subcritical (fatigue) cracks and their growth are also described theoretically. The adhesion and cohesion energies are introduced as well, and the theory of the blister test for the two limiting cases of stiff and soft materials is developed. In addition, the effect of non-self-healing nanofiber mats on the toughening of ply surfaces in composites is discussed. The book also presents a brief description of the electrochemical theory of corrosion crack growth. All the above-mentioned phenomena are relevant in the context of self-healing materials.
This book presents a comprehensive introduction to an advanced beam theory applicable to thin-walled beams of rectangular and arbitrarily-shaped cross-sections. Furthermore, it describes a unique beam-based approach to handling joint structures consisting of thin-walled beams, compiled here for the first time. This higher-order beam theory (HoBT), developed by the authors over the past two decades, uses more than six degrees of freedom (DOFs) in contrast to the classical theories, which use only six DOFs. The additional degrees of freedom describe sectional deformations such as warping and distortion. This book presents a novel systematic procedure to derive the sectional deformations analytically for rectangular cross-sections and numerically for arbitrarily-shaped cross-sections. This book is a must for structural/mechanical engineers who wish to understand and design structures involving thin-walled beams.
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