Rethinking the International Monetary System: an overview

Monetary policy ; International finance

Why the interest in reform?

Monetary policy

Sustainable CO2 adsorbents prepared by coating chitosan onto mesoporous silicas for large-scale carbon capture technology

In this article, we report a new sustainable synthesis procedure for manufacturing chitosan/silica CO2 adsorbents. Chitosan is a naturally abundant material and contains amine functionality, which is essential for selective CO2 adsorptions. It is, therefore, ideally suited for manufacturing CO2 adsorbents on a large scale. By coating chitosan onto high-surface-area mesoporous silica supports, including commercial fumed silica (an economical and accessible reagent) and synthetic SBA-15 and MCF silicas, we have prepared a new family of CO2 adsorbents, which have been fully characterised with nitrogen adsorption isotherms, thermogravimetric analysis/differential scanning calorimetry, TEM, FTIR spectroscopy and Raman spectroscopy. These adsorbents have achieved a significant CO2 adsorption capacity of up to 0.98 mmol g−1 at ambient conditions (P=1 atm and T=25 °C). The materials can also be fully regenerated/recycled on demand at temperatures as low as 75 °C with a >85 % retention of the adsorption capacity after 4 cycles, which makes them promising candidates for advanced CO2 capture, storage and utilisation technology

Asymmetry and Fighting Performance in the Shore Crab Carcinus maenas

Fluctuating asymmetries (left–right differences in symmetric traits) can be negatively related to fitness parameters in a number of biological systems. Hence, it has been suggested that symmetric individuals should outcompete asymmetric individuals during intraspecific agonistic encounters. However, there is a lack of experimental evidence for such a relationship. We investigated the relationship between trait asymmetry (both directional and fluctuating asymmetry) and the outcome of agonistic encounters among size-matched male shore crabs. Our findings indicate that cheliped (‘weapon claw’) directional asymmetry is not related to the outcome of fights, whereas fluctuating asymmetry in the fifth pereiopod, but not the second pereiopod, is negatively related to the likelihood of winning conspecific aggressive encounters. This relationship is most readily explained by a biomechanical advantage in symmetric individuals, as the fifth pereiopod is likely to be mechanically important in maintaining stability and balance during fighting. There is no evidence that asymmetry (in traits that display fluctuating asymmetry) is related to an intrinsic individual quality factor. None the less, the relative mechanical advantage of low asymmetry may give rise to fitness benefits in symmetric crabs that may have evolutionary consequences

A note on the effective slip properties for microchannel flows with ultra-hydrophobic surfaces

A type of super-hydrophobic surface consists of a solid plane boundary with an array of grooves which, due to the effect of surface tension, prevent a complete wetting of the wall. The effect is greatest when the grooves are aligned with the flow. The pressure difference between the liquid and the gas in the grooves causes a curvature of the liquid surface resisted by surface tension. The effects of this surface deformation are studied in this paper. The corrections to the effective slip length produced by the curvature are analyzed theoretically and a comparison with available data and related mathematical models is presented.Comment: 19 pages, 5 figure

Structure of hard-hypersphere fluids in odd dimensions

The structural properties of single component fluids of hard hyperspheres in odd space dimensionalities $d$ are studied with an analytical approximation method that generalizes the Rational Function Approximation earlier introduced in the study of hard-sphere fluids [S. B. Yuste and A. Santos, Phys. Rev. A {\bf 43}, 5418 (1991)]. The theory makes use of the exact form of the radial distribution function to first order in density and extends it to finite density by assuming a rational form for a function defined in Laplace space, the coefficients being determined by simple physical requirements. Fourier transform in terms of reverse Bessel polynomials constitute the mathematical framework of this approximation, from which an analytical expression for the static structure factor is obtained. In its most elementary form, the method recovers the solution of the Percus-Yevick closure to the Ornstein-Zernike equation for hyperspheres at odd dimension. The present formalism allows one to go beyond by yielding solutions with thermodynamic consistency between the virial and compressibility routes to any desired equation of state. Excellent agreement with available computer simulation data at $d=5$ and $d=7$ is obtained. As a byproduct of this study, an exact and explicit polynomial expression for the intersection volume of two identical hyperspheres in arbitrary odd dimensions is given.Comment: 18 pages, 7 figures; v2: new references added plus minor changes; to be published in PR

Lineage dynamics of murine pancreatic development at single-cell resolution.

Organogenesis requires the complex interactions of multiple cell lineages that coordinate their expansion, differentiation, and maturation over time. Here, we profile the cell types within the epithelial and mesenchymal compartments of the murine pancreas across developmental time using a combination of single-cell RNA sequencing, immunofluorescence, in situ hybridization, and genetic lineage tracing. We identify previously underappreciated cellular heterogeneity of the developing mesenchyme and reconstruct potential lineage relationships among the pancreatic mesothelium and mesenchymal cell types. Within the epithelium, we find a previously undescribed endocrine progenitor population, as well as an analogous population in both human fetal tissue and human embryonic stem cells differentiating toward a pancreatic beta cell fate. Further, we identify candidate transcriptional regulators along the differentiation trajectory of this population toward the alpha or beta cell lineages. This work establishes a roadmap of pancreatic development and demonstrates the broad utility of this approach for understanding lineage dynamics in developing organs

Cognitive demands of face monitoring: Evidence for visuospatial overload

Young children perform difficult communication tasks better face to face than when they cannot see one another (e.g., Doherty-Sneddon & Kent, 1996). However, in recent studies, it was found that children aged 6 and 10 years, describing abstract shapes, showed evidence of face-to-face interference rather than facilitation. For some communication tasks, access to visual signals (such as facial expression and eye gaze) may hinder rather than help children’s communication. In new research we have pursued this interference effect. Five studies are described with adults and 10- and 6-year-old participants. It was found that looking at a face interfered with children’s abilities to listen to descriptions of abstract shapes. Children also performed visuospatial memory tasks worse when they looked at someone’s face prior to responding than when they looked at a visuospatial pattern or at the floor. It was concluded that performance on certain tasks was hindered by monitoring another person’s face. It is suggested that processing of visual communication signals shares certain processing resources with the processing of other visuospatial information

Behavioural Analysis of a Nociceptive Event in Fish: Comparisons Between Three Species Demonstrate Specific Responses

Nociception is the sensory mechanism by which potentially harmful stimuli are detected in animals and humans. The behavioural responses to noxious stimulation have been studied in two fish species thus far. However, since species-specific differences are seen in mammals, more species need to be examined to determine whether nociceptive responses are generic in fish. The present study investigated the behavioural and respiratory response to an acute noxious or potentially painful stimulus in common carp (Cyprinus carpio), zebrafish (Danio rerio) and rainbow trout (Oncorhynchus mykiss). Behavioural parameters such as frequency of swimming, use of cover and any anomalous behaviour were measured along with ventilation rate before and after noxious stimulation in the carp and zebrafish. Although no differences in behavioural or ventilation rate response were observed between noxiously stimulated carp and control fish, anomalous behaviours of rocking from side to side and rubbing of lips against the tank walls were observed in two of the five fish. In contrast, zebrafish displayed a significant reduction in frequency of swimming and an increase in ventilation rate, which was similar to the results obtained from rainbow trout. Zebrafish did not display any anomalous behaviour. These dissimilarities in response to potentially painful stimulation demonstrate that there are species-specific behavioural and physiological responses to a nociceptive event in fish

Deception and self-awareness

This paper presents a study conducted for the Shades of Grey EPSRC research project (EP/H02302X/1), which aims to develop a suite of interventions for identifying terrorist activities. The study investigated the body movements demonstrated by participants while waiting to be interviewed, in one of two conditions: preparing to lie or preparing to tell the truth. The effect of self-awareness was also investigated, with half of the participants sitting in front of a full length mirror during the waiting period. The other half faced a blank wall. A significant interaction was found for the duration of hand/arm movements between the deception and self-awareness conditions (F=4.335, df=1;76, p<0.05). Without a mirror, participants expecting to lie spent less time moving their hands than those expecting to tell the truth; the opposite was seen in the presence of a mirror. This finding indicates a new research area worth further investigation