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The Economic and Monetary Union (EMU) is an event of historic proportions with far-reaching implications in the years to come. The essays in this collection provide an analysis of several theoretical and policy issues associated with these implications. They are organized under four broad issues. Firstly, the likely consequences of the euro for the international monetary system is analyzed, and its role as an international currency and the level and long-run volatility of its rate of exchange against other major currencies is explored. Secondly, the potential long-run impact of the EMU on European capital markets, diversification opportunities, and the analytical framework for equity and fixed income analysts are explored. Thirdly, macroeconomic policy issues resulting from the institutional design of EMU are investigated. Finally, the possible impact of EMU on countries outside the euro area is discussed, particularly on countries in Central and Eastern Europe, in the Mediterranean basin, in Africa, and in the Middle East.
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Natural fibres are becoming increasingly popular for use in industrial applications, providing sustainable solutions to support technical innovation. These versatile, natural based materials have applications in a wide range of industries, from textiles and consumer products to the automotive and construction industries. Industrial Applications of Natural Fibres examines the different steps of processing, from natural generation, fibre separation and fibre processing, to the manufacturing of the final product. Each step is linked to fibre properties and characterization, highlighting how different fibres influence the product properties through a discussion of their chemical and structural q...
The linking of age and ill-health is part of a cultural narrative of decline as age is often defined as the absence of good health. Research has shown that we are aged by culture, but we are also culturally made ill when we age. The cultural ambiguity of aging can thus deconstruct negative images of old age as physical decrepitude. This volume investigates the topic of health within the matrix of time and experience by addressing issues such as how our understanding of health influences our notion of agency within a subversive deconstruction of normative age concepts, and what role the notion of health plays in such an interaction.