Originally published in 1995 this volume examines and analyzes the factors that have made the township-village enterprise (TVE) such a driver of growth in the Chinese economy in recent years. The book analyzes the background of the TVE and discusses regional differences in TVE efficiency as well as examining the apparent contradiction of the success of the TVE despite the lack of well-defined property rights. Issues of rural-rural and rural-urban migration phenomena are discussed and the differences discussed between the Chinese economy and those of other developing nations.

We develop a heterogeneous agent, overlapping generations model with nonhomothetic preferences that nests several explanations for the decline in the natural rate of interest (r∗) suggested in the literature: demographic change, a slowdown in productivity growth, a rise in income inequality, and public policy. The model can account for a 2.2 percentage point (pp) decline in r∗ between 1975 and 2015, which is within the range of empirical estimates. Rising income inequality is an important driver (-0.70 pp), and together with demographic change (-0.71 pp) and the slowdown in productivity growth (-1.0 pp) explains most of the decline. Growing public debt is the major counteracting force (+0.31 pp). Permanent income inequality is of greater importance than inequality due to uninsurable income risk, and matching the degree of nonhomotheticity in consumption and savings behavior to empirical estimates is essential for this result. We predict that r∗ will reach a low of 0.38% by 2030, after which a slow reversal will begin. The natural rate will stabilize at 1% in the long run, a low level when compared with the postwar path of r∗ implied by the model. This remains true even if we take into account soaring public debt levels due to the COVID-19 pandemic. Policy can have considerable impact on the level of r∗ through the tax and transfer system.

Advanced research reference examining the closed and open quantum systems Control of Quantum Systems: Theory and Methods provides an insight into the modern approaches to control of quantum systems evolution, with a focus on both closed and open (dissipative) quantum systems. The topic is timely covering the newest research in the field, and presents and summarizes practical methods and addresses the more theoretical aspects of control, which are of high current interest, but which are not covered at this level in other text books. The quantum control theory and methods written in the book are the results of combination of macro-control theory and microscopic quantum system features. As the development of the nanotechnology progresses, the quantum control theory and methods proposed today are expected to be useful in real quantum systems within five years. The progress of the quantum control theory and methods will promote the progress and development of quantum information, quantum computing, and quantum communication. Equips readers with the potential theories and advanced methods to solve existing problems in quantum optics/information/computing, mesoscopic systems, spin systems, superconducting devices, nano-mechanical devices, precision metrology. Ideal for researchers, academics and engineers in quantum engineering, quantum computing, quantum information, quantum communication, quantum physics, and quantum chemistry, whose research interests are quantum systems control.

Recent history has seen Bosnian and Herzegovinian (BiH) cities undergoing several transitions. Their cities have developed under socialism (1945 – 1992), have suffered through the civil war during the 1990s, and during the last twenty years have been undergoing a slow and multifaceted transition to an indeterminate end point. Focusing on the post-socialist, postwar, and neoliberal transitions experienced in BiH, the book shows that planning systems deviated from control-oriented and top-down regulation to flexible approaches for more open for informal development. The book analyzes several levels of planning-related processes: the former Yugoslavia, BiH, the city of Mostar, and three urban zones (the Industrial Zone Bišće Polje, the City Zone Rondo, and the Historic District and the Old Town Zone) in order to offer insights into the new planning systems in the late phase of post-socialist transition.

This updated edition deals with the Monte Carlo simulation of complex physical systems encountered in condensed-matter physics, statistical mechanics, and related fields. It contains many applications, examples, and exercises to help the reader. It is an excellent guide for graduate students and researchers who use computer simulations in their research.

This edited book brings together in one place new studies of rural–urban interactions and their implications for regional growth and development in different regions within Asia. Specifically, the individual chapters in the book shed light on the different kinds of rural–urban interactions that we witness in Asian regions, particularly those that are based on migration, poverty, inequality, education, economic dependence, and the flow of goods and services. The book departs from the existing literature in three ways. First, it explicitly recognizes that different kinds of rural–urban interactions have dissimilar impacts on the lives and hence on the welfare of the residents of rural and urban regions. Second, the book emphasizes the varied spatial and temporal dimensions of the interactions and the ways in which these dimensions influence rural and urban societies. Third, this book demonstrates the ways in which an understanding of the preceding two points contributes to our knowledge about economic growth and development. Because Asia is the fastest-growing and most dynamic continent in the world today, the research delineated in the individual chapters of the book provides practical guidance concerning two salient questions. First, how do we effectively address the economic development challenges stemming from the interactions between alternate rural and urban regions within Asia? Second, how do we ensure that the policies we design to address these challenges give rise to broad-based economic growth and development that is sustainable?