3,792 research outputs found

    Sectoral Transformations in Neo-Patrimonial Rentier States: Tourism Development and State Policy in Egypt

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    This article challenges claims that liberalising state regulated markets in developing countries may induce lasting economic development. The analysis of the rise of tourism in Egypt during the last three decades suggests that the effects of liberalisation and structural adjustment are constrained by the neo-patrimonial character of the Egyptian political system. Since the decline of oil rent revenues during the 1980s tourism development was the optimal strategy to compensate for the resulting fiscal losses. Increasing tourism revenues have helped in coping with macroeconomic imbalances and in avoiding more costly adjustment of traditional economic sectors. Additionally, they provided the private elite with opportunities to generate large profits. Therefore, sectoral transformations due to economic liberalisation in neo-patrimonial Rentier states should be described as a process, which has led to the diversification of external rent revenues, rather than to a general downsizing of the Rentier character of the economy.Egypt, rentier state, economic liberalisation, economic development, tourism

    From Phase Space Representation to Amplitude Equations in a Pattern Forming Experiment

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    We describe and demonstrate a method to reconstruct an amplitude equation from the nonlinear relaxation dynamics in the succession of the Rosensweig instability. A flat layer of a ferrofluid is cooled such that the liquid has a relatively high viscosity. Consequently, the dynamics of the formation of the Rosensweig pattern becomes very slow. By sudden switching of the magnetic induction, the system is pushed to an arbitrary point in the phase space spanned by the pattern amplitude and the magnetic induction. Afterwards, it is allowed to relax to its equilibrium point. From the dynamics of this relaxation, we reconstruct the underlying fully nonlinear equation of motion of the pattern amplitude. The measured nonlinear dynamics serves to select the best weakly nonlinear expansion which describes this hysteretic transition.Comment: 20 pages, 12 figure

    GPU Accelerated Explicit Time Integration Methods for Electro-Quasistatic Fields

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    Electro-quasistatic field problems involving nonlinear materials are commonly discretized in space using finite elements. In this paper, it is proposed to solve the resulting system of ordinary differential equations by an explicit Runge-Kutta-Chebyshev time-integration scheme. This mitigates the need for Newton-Raphson iterations, as they are necessary within fully implicit time integration schemes. However, the electro-quasistatic system of ordinary differential equations has a Laplace-type mass matrix such that parts of the explicit time-integration scheme remain implicit. An iterative solver with constant preconditioner is shown to efficiently solve the resulting multiple right-hand side problem. This approach allows an efficient parallel implementation on a system featuring multiple graphic processing units.Comment: 4 pages, 5 figure

    A Time-Frequency Analysis of the Coherences of the US Business

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    The dating of a possible European business cycle has been inconclusive. At this stage, there is no consensus on the existence of such a cycle, or of its periodicity and amplitude, or of the relationship of individual member countries to that cycle. Yet cyclical convergence is the key consideration for countries that wish to be members of the currency union. The confusion over whether and to what degree the UK is converging on the cycles of her European partners, or whether her cycle is more in line with the US, is an example of this lack of consensus. We show that countries will vary in the components and characteristics that make up their output cycles, as well as in the state of their cycle at any point of time. Next, we show how to decompose a business cycle in a time-frequency framework. This allows us to decompose movements in output, both at the European level and in member countries, into their component cycles and allows those component cycles to vary in importance and cyclical characteristics over time. It also allows us to determine if the inconclusive convergence results so far have appeared because member countries have some cycles in common, but diverge at other frequenciesTime-Frequency Analysis, Coherence, Growth Rates, Business Cycle
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