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This study examines various representations of Tibet in Tibetan and Chinese fiction from the 1980s. With its analysis of some of the first Tibetan short stories published approximately a decade after the end of the Cultural Revolution it greatly contributes to the scholarly research of the rise of modern Tibetan literature. The image of Tibet that appears in the works of Tibetan authors is there compared with the Chinese representations of Tibet from the same period. The analysis is informed by postcolonial theories of literature and is focused mainly on the stereotypes that appear in representation of Tibet both in China and in the west. The primary aim of this study is to examine the influ...
"The Chinese economy is now easily one of the most important and closely scrutinized economies in the world. Relatively minuscule changes in predictions of how the Chinese economy will perform can drive up or down stocks and the price of oil and other commodities. At the heart of how the Chinese economy works is its financial system-but the Chinese financial system is vastly different than most people in the West can understand. How do house prices work, for example, in a country where the very concept of property ownership is significantly different than our own? This edited volume will serve as a standard reference guide to China's financial system. With eighteen chapters, the handbook fea...
Not too long ago, the world was busy crafting a global future with unmitigated globalization and the relentless march of Industry 4.0. A black swan event then happened. An outbreak of COVID-19 coronavirus surged worldwide and resulted in a global pandemic that devastated economies, eliminated the weak/infirmed/elderly/young, and then targeted the general population. It destroyed small and medium-sized enterprises and hastened the demise of sunset industries, resulting in record numbers of bankruptcies. Instead of succumbing to the despair of a worldwide cataclysmic event, a group of Asian scholars from multiple disciplines got together. This group of scholars put their different specializati...
The sunlight passed through many obstacles and squeezed into the cell through the gap in the window. It trickled down Ni Shu's body and landed on her ankles. The blue tendons glow purple in the sunlight, and are curved like slender, still earthworms. Her face was pressed tightly against her knees, her eyes fixed on the few flowers blooming on her feet in the sunshine.
An economic analysis of what distributed ledgers can do, examining key components and discussing applications in both developed and emerging market economies. Distributed ledger technology (DLT) has the potential to transform economic organization and financial structures. In this book, Robert Townsend steps back from the hype and controversy surrounding DLT (and the related, but not synonymous, innovations of blockchain and Bitcoin) to offer an economic analysis of what distributed ledgers can do and a blueprint for the optimal design and regulation of financial systems. Townsend examines the key components of distributed ledgers, discussing, evaluating, and illustrating each in the context...
Asset Pricing Theory is an advanced textbook for doctoral students and researchers that offers a modern introduction to the theoretical and methodological foundations of competitive asset pricing. Costis Skiadas develops in depth the fundamentals of arbitrage pricing, mean-variance analysis, equilibrium pricing, and optimal consumption/portfolio choice in discrete settings, but with emphasis on geometric and martingale methods that facilitate an effortless transition to the more advanced continuous-time theory. Among the book's many innovations are its use of recursive utility as the benchmark representation of dynamic preferences, and an associated theory of equilibrium pricing and optimal ...
We study a dynamic economy where credit is limited by insufficient collateral and, as a result, investment and output are too low. In this environment, changes in investor sentiment or market expectations can give rise to credit bubbles, that is, expansions in credit that are backed not by expectations of future profits (i.e. fundamental collateral), but instead by expectations of future credit (i.e. bubbly collateral). During a credit bubble, there is more credit available for entrepreneurs: this is the crowding-in effect. But entrepreneurs must also use some of this credit to cancel past credit: this is the crowding-out effect. There is an "optimal" bubble size that trades off these two ef...
Frontiers of Civil Engineering and Disaster Prevention and Control is a compilation of selected papers from The 3rd International Conference on Civil, Architecture and Disaster Prevention and Control (CADPC 2022) and focuses on the research of architecture and disaster prevention in civil engineering. The proceedings features the most cutting-edge research directions and achievements related to construction technology and prevention and control of disaster. Subjects in this proceedings include: Construction Technology Seismicity in Civil Engineering High-Rise Building Construction Disaster Preparedness and Risk Reduction Smart Post-Disaster Rescue These proceedings will promote development of civil engineering and risk reduction, resource sharing, flexibility and high efficiency. Moreover, promote scientific information interchange between scholars from the top universities, research centers and high-tech enterprises working all around the world.