Policy Coordination in East Asia and across the Pacific

In this paper, we construct a macro-econometric model that describes the economic activity in the Asia-Pacific area and provide quantitative insights into the recent policy debates on monetary and currency coordination among the East Asian economies. The model includes a wide variety of monetary and currency policy rules that the East Asian economies adopt and allows for one country's policymaking to have substantial effects on foreign countries. We apply the model to three current policy issues: (1) the desirability of currency basket pegs in East Asia, (2) the anticipated effects of China's currency policy reform, and (3) the non-negativity constraint on Japanese nominal interest rates. The simulation analyses show the external economy effects of policy rules quantitatively and suggest the difficulty of monetary and currency policy coordination among the East Asian economies.

Discovery of sediment indicating rapid lake-level fall in the late Pleistocene Gokarna Formation, Kathmandu Valley, Nepal: implication for terrace formation

Sediment indicating a rapid fall in lake level has been discovered in the late Pleistocene Gokarna Formation, Kathmandu Valley, Nepal. The indicator is observed along a widely traceable erosional surface in this formation, and is characterized by (1) gently inclined (ca. 10°) tabular cross-stratified sand beds of delta front origin consisting of coarser material and showing gradual decrease in elevation of its top to the progradation direction, (2) an antidune cross-laminated sand bed that interfingers with the delta front deposit, and (3) an approximately 5 m-deep erosional depression filled with convolute laminated sand beds and recognized at a location distal to that where deposits (1) and (2) were found. The early phase of rapid lake level fall caused minor erosion of the delta plain deposits by fluvial processes, introducing a higher rate of progradation of the delta front and resulting in the accumulation of deposit (1). The delta emerged as dry land due to further lowering of the lake level. The antidune cross-laminated sand bed shows evidence of having accumulated from a high-velocity stream that may have formed as the lake water drained from the delta front during the lowering of lake level. When the lake level fell below the level of the topographic high created by delta accumulation, incised valleys may have formed and part of them may have been filled with sediment at that time. The rapid fall in lake level is interpreted to have been the result of lake-wall failure, which would have occurred at the gorge outlet as the only discharge path for the basin. The initial rise of lake level causing accumulation of terrace sediments may have been due to the formation of a plug at this outlet, attributable to mass movement along the gorge

Theoretical Study on Rotation of Doubly Layered Torque Balanced Cable

特集1 海中工学研究センタ

R.H.TAWNEY ニヨル イギリス シホンシュギ ノ セイリツキ ノ ケンキュウ ニツイテ

研究ノート(Note

Organisational Coaching Outcomes: A comparison of a practitioner survey and key findings from the literature

This paper compares the measurements of organisational outcomes from executive and leadership coaching based on existing studies and research that has been conducted throughout the literature. An overview of executive and leadership coaching is provided and a case study measuring executive and leadership coaching effectiveness is reported. The survey methodology used in this case study was not originally intended for an academic research design, rather it was a customer satisfaction survey. However, the results can provide insights into the value, ROI and impact of executive and leadership coaching

Bend formability and strength of Cu-Be-Co alloys

金沢大学理工研究域機械工学系The effects of addition of 0.01 and 0.03 wt% Mg on the bend formability and strength of a Cu-1.8 wt% Be-0.21 wt% Co alloy aged at 320 °C for 30 min have been investigated metallographically. The addition of Mg to the Cu-Be-Co alloy enhances the bend formability and strength of the alloy. The enhancement of strength is caused by the increase in volume fraction of {Mathematical expression} precipitates in the Cu matrix. In bending of the alloys with and without 0.01 and 0.03 wt% Mg, a number of micro necks first arise along grain boundaries, and part of them grows, resulting in surface wrinkles, which finally lead to surface cracking. The cracking is initiated from voids formed by destruction of bar-like γ precipitates in discontinuous precipitation (DP) cells and propagates along grain boundaries. The addition of Mg decreases the width of DP cells, resulting in better bend formability. This arises because smaller stress concentration due to less inhomogeneous deformation develops in cells and, as a result, destruction of the γ precipitates in cells occurs less easily as the cell width decreases. © 2011 Springer Science+Business Media, LLC