Nuclear Stability Rules


Book Description

Originally published in 1952, this book was developed to provide a survey of experiments in nuclear physics.




Corporate Law and Financial Instability


Book Description

Virtually all large banks and other financial institutions in the UK and internationally are public limited liability companies whose shares are listed on one or several stock exchanges. As such, their corporate governance and, in particular, the incentives faced by their directors and senior managers are to a significant extent determined by corporate and securities law rules such as directors’ duties, directors’ liability in insolvency, takeover regulation, disclosure obligations, shareholder rights and rules on executive remuneration. At the same time, systemically important financial institutions in the UK are licensed, regulated and supervised by the Prudential Regulation Authority (PRA). This book explores the relationship between, on the one hand, the broader corporate law, corporate governance and securities law framework and, on the other, the prudential regulatory framework. Although the book’s main focus is on UK law, much of the policy argumentation is relevant globally and therefore appropriate international comparisons are drawn, and analysis of EU law and regulation is included. The book argues that the corporate law regime, which focuses on shareholder empowerment and profit maximisation, operates as an antithesis to prudential regulatory objectives thus undermining the safety and soundness of banks and other financial institutions by encouraging risky behaviour that may be in the best interests of their shareholders, but is clearly not in the public interest.







Liquid Propellant Rocket Combustion Instability


Book Description

The solution of problems of combustion instability for more effective communication between the various workers in this field is considered. The extent of combustion instability problems in liquid propellant rocket engines and recommendations for their solution are discussed. The most significant developments, both theoretical and experimental, are presented, with emphasis on fundamental principles and relationships between alternative approaches.




Agendas and Instability in American Politics


Book Description

When Agendas and Instability in American Politics appeared fifteen years ago, offering a profoundly original account of how policy issues rise and fall on the national agenda, the Journal of Politics predicted that it would “become a landmark study of public policy making and American politics.” That prediction proved true and, in this long-awaited second edition, Bryan Jones and Frank Baumgartner refine their influential argument and expand it to illuminate the workings of democracies beyond the United States. The authors retain all the substance of their contention that short-term, single-issue analyses cast public policy too narrowly as the result of cozy and dependable arrangements among politicians, interest groups, and the media. Jones and Baumgartner provide a different interpretation by taking the long view of several issues—including nuclear energy, urban affairs, smoking, and auto safety—to demonstrate that bursts of rapid, unpredictable policy change punctuate the patterns of stability more frequently associated with government. Featuring a new introduction and two additional chapters, this updated edition ensures that their findings will remain a touchstone of policy studies for many years to come.




Instability in Geophysical Flows


Book Description

Instabilities are present in all natural fluids from rivers to atmospheres. This book considers the physical processes that generate instability. Part I describes the normal mode instabilities most important in geophysical applications, including convection, shear instability and baroclinic instability. Classical analytical approaches are covered, while also emphasising numerical methods, mechanisms such as internal wave resonance, and simple `rules of thumb' that permit assessment of instability quickly and intuitively. Part II introduces the cutting edge: nonmodal instabilities, the relationship between instability and turbulence, self-organised criticality, and advanced numerical techniques. Featuring numerous exercises and projects, the book is ideal for advanced students and researchers wishing to understand flow instability and apply it to their own research. It can be used to teach courses in oceanography, atmospheric science, coastal engineering, applied mathematics and environmental science. Exercise solutions and MATLAB® examples are provided online. Also available as Open Access on Cambridge Core.







Money, Financial Instability and Stabilization Policy


Book Description

Money, Financial Instability and Stabilization Policy consists of original articles by leading Post Keynesians, Kaleckians and other heterodox economists from the developed and developing world. Post Keynesian literature has long been associated with the study of money, financial markets and financial instability. Indeed, this is perhaps the area to which Post Keynesians have made the greatest contributions. The authors to this volume present an overview of the latest research on monetary theory and policy, financial markets, and financial instability coming out of the Post Keynesian school of thought. They provide an indication of the wide-ranging interests and of the truly international scope of Post Keynesian research. The first half of the volume is theoretical, while the second half includes papers that are either empirical or more focused on specific concerns. This book will find an appreciative audience in economists generally as well as Post Keynesian, other heterodox economists and macroeconomists specifically.




International Financial Instability: Global Banking And National Regulation


Book Description

This book explores the potential and problems of bank safety and efficiency arising from the rapidly growing area of cross-border banking in the form of branches or subsidiaries with primarily only national prudential regulation. There are likely to be differences in the treatment of the same bank operating in different countries or of different banks from different home countries operating in the same country with respect to deposit insurance provisions, declaration of insolvency, resolution of insolvencies, and lender of last resort protection. The book identifies these protection problems and discusses possible solutions, such as greater cross-border cooperation, harmonization and organizations.The contributors to this book include experts from different countries and from a wide range of affiliations, including academia, regulators, practitioners, and international organizations.




Nuclear Energy Safety and International Cooperation


Book Description

Twenty-five years after the Chernobyl explosion, disaster struck once again after a tsunami overwhelmed the considerable safety measures at the Fukushima nuclear power plant in Japan. However, Fukushima had in place a solid containment structure to reduce the spread of radiation in the event of a worst-case scenario; Chernobyl did not. These two incidents highlight the importance of such safety measures, which were critically lacking in an entire class of Soviet-designed reactors. This book examines why five countries operating these dangerous reactors first signed international agreements to close them within a few years, then instead delayed for almost two decades. It looks at how political decision makers weighed the enormous short-term costs of closing those reactors against the long-term benefits of compliance, and how the political instability that dominated post-Communist transitions impacted their choices. The book questions the efficacy of Western governments’ efforts to convince their Eastern counterparts of the dangers they faced, and establishes a causal relationship between political stability and compliance behavior. This model will also enable more effective assistance policies in similar situations of political change where decision makers face considerable short-term costs to gain greater future rewards. This book provides a valuable resource for postgraduate students, academics and policy makers in the fields of nuclear safety, international agreements, and democratization.