Central Banking and the Choice of Currency Regime in Accession Countries

The subject matter of this paper is the design of appropriate Central Banking arrangements and exchange rate regimes for those former centrally planned Central and East European countries that are candidates for full membership in the European Union. We give an overview of the existing arrangements and point out to which extent monetary arrangements are restricted by conditions for entry both into the European Union and eventually into the European Monetary Union. Furthermore we investigate to which degree countries are fulfilling the accession criteria and compare their performance with the performance of earlier EU joiners like the countries of the Iberian Peninsula, Ireland and Greece.

Persistence of singlet fluctuations in the coupled spin tetrahedra system Cu2Te2O5Br2 revealed by high-field magnetization and 79Br NQR - 125Te NMR

We present high-field magnetization and $^{79}$Br nuclear quadrupole resonance (NQR) and $^{125}$Te nuclear magnetic resonance (NMR) studies in the weakly coupled Cu$^{2+}$ ($S=1/2$) tetrahedral system Cu$_2$Te$_2$O$_5$Br$_2$. The field-induced level crossing effects were observed by the magnetization measurements in a long-ranged magnetically ordered state which was confirmed by a strong divergence of the spin-lattice relaxation rate 1/T1 at T0=13.5 K. In the paramagnetic state, 1/T1 reveals an effective singlet-triplet spin gap much larger than that observed by static bulk measurements. Our results imply that the inter- and the intra-tetrahedral interactions compete, but at the same time they cooperate strengthening effectively the local intratetrahedral exchange couplings. We discuss that the unusual feature originates from the frustrated intertetrahedral interactions.Comment: 5 pages, 4 figures, accepted in Phys. Rev. B as a Rapid Communication

Changes in extracellular pH during electrical stimulation of isolated rat vagus nerve

Double-barrelled pH-sensitive micro-electrodes were used to record changes of extracellular pH during repetitive stimulation of isolated rat vagus nerves. It was found that a small initial alkaline shift was followed by a prolonged acidification. The acidification was correlated in time with the poststimulus undershoot of the extracellular K+ activity and with the recovery phase of the nerve conduction velocity. In the presence of ouabain, the acid component of the pH change was completely abolished (indicating a metabolic origin), whereas the alkaline component remained unaltered. These pH changes were too small to make a significant contribution to the activity-related changes in conduction velocity of the vagal C-fibres

A test to determine the site of abnormal neuromuscular refractoriness

Objective: The relative refractory period (RRP) of motor axons is an important parameter in nerve excitability tests of the recovery cycle (RC). Abnormalities may have a site in the axonal membrane, the neuromuscular junction, or in a dysfunction of the muscle. We aimed in this study to determine the site of abnormality, using a modified protocol of the conventional RC test, whereby an additional supramaximal stimulus is added at the same interstimulus interval as in RC recordings (RCSM). Methods: Twenty-four healthy subjects aged 37.8 ± 2.4 years (mean ± SE) were examined with median nerve excitability testing using RC and RCSM protocols at normal temperature (34.1 ± 0.2 °C). The recordings were repeated in 12 subjects after selective cooling of the thenar muscle (25.2 ± 0.7 °C) and in 12 subjects after cooling the nerve trunk at the wrist (24.9 ± 0.3 °C). Results: After cooling the nerve, RRP measured with RC and RCSM were prolonged similarly (medians by 1.8 ms, and 2.1 ms respectively). In contrast, cooling the muscle prolonged RRP measured with RC (by 1.3 ms), but did not significantly prolong RRP measured with RCSM. RRPs measured by RC and RCSM were significantly different when cooling was at the muscle (P = 5.10-4), but not when cooling was at the nerve (P = 0.57). Conclusions: A difference between RC and RCSM indicates abnormal excitability distal to the axonal membrane under the stimulating electrode. Significance: Combining RCSM with the conventional RC protocol should help to localize the site of abnormal neuromuscular refractoriness

An acoustic postconflict display in the duetting tropical boubou (Laniarius aethiopicus): a signal of victory?

BACKGROUND: In many species of birds, pair bonded males and females precisely co-ordinate their vocalisations to form duets. Duetting behaviour, although still somewhat of an enigma, is thought to function primarily in territorial defence and mate guarding. We identify an additional function of duetting in an afrotropical bird, the tropical boubou (Laniarius aethiopicus), that uses one duet type as a postconflict display probably to advertise victory to other boubous. RESULTS: We simulated intrusions into boubou territories in the field in Ivory Coast, West Africa using playbacks of four different types of boubou duets to test the use of the presumptive acoustic victory display before, during and after playbacks. These staged encounters resulted in either retreat of the focal birds during playback or continued presence accompanied by vocal displays after playback had ceased. Losers of encounters never sung after retreating whereas 11 out of 18 pairs sung the presumptive victory duet after the encounter. Analysis revealed that the presumptive victory display was sung significantly more often after than before or during the playback treatment. CONCLUSION: We conclude that, most likely, the investigated duet type is a postconflict victory display – a novel function of duets. Furthermore the duet is a rare example among birds of a context-specific song. The conspicuousness of the display suggests that it is directed not only to losers of an agonistic encounter but also to other pairs of birds in neighbouring territories