China's new corporate rescue laws: perspectives and principles

This article considers the new corporate insolvency legislation that came into force in China in June 2007. This law is part of a remarkable transformation in the Chinese economy in recent years. Significant numbers of ailing state owned enterprises have been reformed and subjected to hard budgetary constraints, while the private sector has grown dramatically. Market forces play a greater role, whereas the economy was previously tightly controlled by the state. These changes, together with pressures arising from external bodies such as the European Union, led to an urgent need for the adoption of the revised insolvency law, which has at its heart corporate rescue procedures. This article considers the content of this new law, the background to it, and also assesses the prospects for its operation. In particular attention is paid to the level of scope for state interference in the operation of the law

Optical and electrical activity of defects in rare earth implanted Si

A common technique for introducing rare earth atoms into Si and related materials for photonic applications is ion implantation. It is compatible with standard Si processing, and also allows high, non-equilibrium concentrations of rare earths to be introduced. However, the high energies often employed mean that there are collision cascades and potentially severe end-of-range damage. This paper reports on studies of this damage, and the competition it may present to the optical activity of the rare earths. Er-, Si, and Yb-implanted Si samples have been investigated, before and after anneals designed to restore the sample crystallinity. The electrical activity of defects in as-implanted Er, Si, and Yb doped Si has been studied by Deep Level Transient Spectroscopy (DTLS) and the related, high resolution technique, Laplace DLTS (LDLTS), as a function of annealing. Er-implanted Si, regrown by solid phase epitaxy at 600degrees C and then subject to a rapid thermal anneal, has also been studied by time-resolved photoluminescence (PL). The LDLTS studies reveal that there are clear differences in the defect population as a function of depth from the surface, and this is attributed to different defects in the vacancy-rich and interstitial-rich regions. Defects in the interstitial-rich region have electrical characteristics typical of small extended defects, and these may provide the precursors for larger structural defects in annealed layers. The time-resolved PL of the annealed layers, in combination with electron microscopy, shows that the Er emission at 1.54microns contains a fast component attributed to non-radiative recombination at deep states due to small dislocations. It is concluded that there can be measurable competition to the radiative efficiency in rare-earth implanted Si that is due to the implantation and is not specific to Er.</p

Physical education as Olympic education

Introduction In a recent paper (Parry, 1998, p. 64), I argued that the justification of PE activities lies in their capacity to facilitate the development of certain human excellences of a valued kind. Of course, the problem now lies in specifying those ‘human excellences of a valued kind’, and (for anyone) this task leads us into the area of philosophical anthropology. I suggested that the way forward for Physical Education lies in the philosophical anthropology (and the ethical ideals) of Olympism, which provide a specification of a variety of human values and excellences which: •have been attractive to human groups over an impressive span of time and space •have contributed massively to our historically developed conceptions of ourselves •have helped to develop a range of artistic and cultural conceptions that have defined Western culture. •have produced a range of physical activities that have been found universally satisfying and challenging. Although physical activities are widely considered to be pleasurable, their likelihood of gaining wide acceptance lies rather in their intrinsic value, which transcends the simply hedonic or relative good. Their ability to furnish us with pleasurable experiences depends upon our prior recognition in them of opportunities for the development and expression of valued human excellences. They are widely considered to be such opportunities for the expression of valued human excellences because, even when as local instantiations, their object is to challenge our common human propensities and abilities. I claimed that Olympic ideals may be seen not merely as inert ‘ideals’, but living ideas which have the power to remake our notions of sport in education, seeing sport not as mere physical activity but as the cultural and developmental activity of an aspiring, achieving, well-balanced, educated and ethical individual. This paper seeks to make good that claim by trying to develop a case for Physical Education as Olympic Education. I begin by setting out various accounts and conceptions of the Olympic Idea; then I suggest a unifying and organising account of the philosophical anthropology of Olympism; and this is followed by the practical application of that account in two examples of current ethical issues. Finally, I seek to present an account of Physical Education as Olympic Education

Instrument Choice in Environmental Policy

We examine the extent to which various environmental policy instruments meet major evaluation criteria, including cost-effectiveness, distributional equity, minimization of risk in the presence of uncertainty, and political feasibility. Instruments considered include emissions taxes, tradable emissions allowances, subsidies for emissions reductions, performance standards, technology mandates, and research and development subsidies. Several themes emerge. First, no single instrument is clearly superior along all the criteria. Second, significant trade-offs arise in the choice of instrument; for example, assuring a reasonable degree of distributional equity often will require a sacrifice of cost-effectiveness. Third, it is possible and sometimes desirable to design hybrid instruments that combine features of various instruments in their “pure” form. Fourth, for many pollution problems, more than one market failure may be involved, which may justify (on efficiency grounds, at least) employing more than one instrument. Finally, potential overlaps and undesirable interactions among environmental policy instruments are sometimes a matter of concern.emissions control instruments, cost-effectiveness, distributional burden, induced innovation

Interfacial Structural Changes and Singularities in Non-Planar Geometries

We consider phase coexistence and criticality in a thin-film Ising magnet with opposing surface fields and non-planar (corrugated) walls. We show that the loss of translational invariance has a strong and unexpected non-linear influence on the interface structure and phase diagram. We identify 4 non-thermodynamic singularities where there is a qualitative change in the interface shape. In addition, we establish that at the finite-size critical point, the singularity in the interface shape is characterized by two distint critical exponents in contrast to the planar case (which is characterised by one). Similar effects should be observed for prewetting at a corrugated substrate. Analogy is made with the behaviour of a non-linear forced oscillator showing chaotic dynamics.Comment: 13 pages, 3 figure

Renegotiating identity and relationships: men and women's adjustments to retirement

Summary: Retirement is frequently a period of change, when the roles and relationships associated with individuals' previous labour market positionings are transformed. It is also a time when personal relationships, including the marital relationship and relationships with friends and family, come under increased scrutiny and may be realigned. Many studies of adjustment to retirement focus primarily on individual motivation; by contrast, this paper seeks to examine the structure of resources within which such decisions are framed. The paper examines the contribution that gender roles and identities make to the overall configuration of resources available to particular individuals. It draws upon qualitative research conducted with older people in four contrasting parts of the UK, looking at the combination of labour market and non-labour market activities they are involved in prior to reaching state retirement age, as they withdraw from paid work. It explores how older people invoke a range of gendered identities to negotiate change and continuity during this time. The paper argues that gender roles and identities are central to this process and that the reflexive deployment of gender may rank alongside financial resources and social capital in its importance to the achievement of satisfying retirement transitions. Amongst those interviewed, traditional gendered roles predominated, and these sat less comfortably with retirement for men than for women

Droplet shapes on structured substrates and conformal invariance

We consider the finite-size scaling of equilibrium droplet shapes for fluid adsorption (at bulk two-phase co-existence) on heterogeneous substrates and also in wedge geometries in which only a finite domain $\Lambda_{A}$ of the substrate is completely wet. For three-dimensional systems with short-ranged forces we use renormalization group ideas to establish that both the shape of the droplet height and the height-height correlations can be understood from the conformal invariance of an appropriate operator. This allows us to predict the explicit scaling form of the droplet height for a number of different domain shapes. For systems with long-ranged forces, conformal invariance is not obeyed but the droplet shape is still shown to exhibit strong scaling behaviour. We argue that droplet formation in heterogeneous wedge geometries also shows a number of different scaling regimes depending on the range of the forces. The conformal invariance of the wedge droplet shape for short-ranged forces is shown explicitly.Comment: 20 pages, 7 figures. (Submitted to J.Phys.:Cond.Mat.

Recrafting Work: A Model for Workplace Engagement and Meaning

The global knowledge based economy, technological and information advances, and expanding complexity, are transforming the work place. Worldwide, less than a third of employees are actively engaged, the majority unengaged, and a significant portion actively disengaged. Work represents nearly half of waking life for most adults and has been identified as an important domain for authentic happiness. A model is provided to guide employees through the process of recrafting work to align with signature strengths with the goal of moving along the job, career, calling continuum. A description of the model, the empirical basis for the process and tools embedded in the model and results of a pilot implementation in a Fortune 250 global information services company are reviewed