1,179 research outputs found
Financing Africa: Through the crisis and beyond.
[Dataset available: http://hdl.handle.net/10411/17679]
Reconstructing Colonization Dynamics of the Human Parasite Schistosoma mansoni following Anthropogenic Environmental Changes in Northwest Senegal
© 2015 Van den Broeck et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. The attached file is the published version of the article
Financing Africa:Through the crisis and beyond
The environment in which African financial systems operate has changed dramatically over the past years. The global financial system has undergone a major transformation after the recent financial crisis, with the center of economic and financial power shifting from developed to several emerging countries, including China, India, and Brazil. Additionally, the crisis has led to regulatory reform discussions among developed and emerging countries, with repercussions on financial sector regulation in Africa. Finally, technology has changed the economics of retail banking, revealing its potential to increase access to financial services dramatically, but also posing new regulatory challenges. Financing Africa: Through the Crisis and Beyond takes a fresh look at Africaâs financial systems in light of these recent changes. Benefiting from better data and a wide array of experiences across the continent, the book looks at the challenges of expanding the outreach of financial systems, lengthening financial contracts, and safeguarding financial systems. The authors identify three priority areas for policy action: the positive role of innovation and competition; a stronger focus on nontraditional financial service providers; and more emphasis on addressing demand-side constraints. Recognizing that all financial sector policy is local, the authors carefully distinguish between different country groupings, differentiating between low- and middle-income and small and larger economies among others, with a special focus on resource-based economies and post-conflict countries. And unlike other publications on this topic, this book includes analysis of the North African countries. A joint collaboration between the African Development Bank, BMZ (Federal Ministry for Economic Cooperation and Development), and the World Bank, this book is a valuable asset to practitioners, development partners, and policy makers concerned about a more inclusive and effective financial system
Higher-order spin effects in the dynamics of compact binaries II. Radiation field
Motivated by the search for gravitational waves emitted by binary black
holes, we investigate the gravitational radiation field of point particles with
spins within the framework of the multipolar-post-Newtonian wave generation
formalism. We compute: (i) the spin-orbit (SO) coupling effects in the binary's
mass and current quadrupole moments one post-Newtonian (1PN) order beyond the
dominant effect, (ii) the SO contributions in the gravitational-wave energy
flux and (iii) the secular evolution of the binary's orbital phase up to 2.5PN
order. Crucial ingredients for obtaining the 2.5PN contribution in the orbital
phase are the binary's energy and the spin precession equations, derived in
paper I of this series. These results provide more accurate gravitational-wave
templates to be used in the data analysis of rapidly rotating Kerr-type
black-hole binaries with the ground-based detectors LIGO, Virgo, GEO 600 and
TAMA300, and the space-based detector LISA.Comment: includes the correction of an erratum to be published in Phys. Rev.
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