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dollar, temporarily making Japan s economy nearly the size of that of the United States In the wake of the late 1980s and early 1990s Japanese asset bubble, the Bank of Japan kept interest rates extremely low (even less than 1 percent) to keep the yen weak It has since settled in around 100 to the dollar, re ecting the massive economic leveling Japan made against the United States in the last few decades Floating currencies tend to more honestly re ect currency value, but some stability is sacri ced in the process In the 1990s, many developing countries, struggling with hyperin ation and monetary instability, pegged their currencies to the US dollar in an attempt to gain better monetary control While this policy helped stabilize economies, over time the strengthening US dollar meant that many countries including Mexico, South Korea, Brazil, and Russia, among others saw their trade competiveness erode Large foreign debt loads forced countries to raise interest rates to attract capital, which ultimately depressed their local economies The dam burst with Mexico in late 1994, Thailand in 1997, followed by South Korea and Russia in 1998, Brazil in 1999, with Argentina being the last major de-peg in late 2001 In the wake of these currency de-peggings and free oats, most developing countries have reversed their trade de cits and have recorded record growth, trade surpluses, and hard currency reserves Oil exporting nations including several from the Gulf have also amassed trillions since oil prices have risen In short, much of the world is now awash in US dollars which, along with the structural problems in the American banking system raising uncertainties over the dollar s value Even with these currency free- oats and phenomenal trade successes, the World Bank suggests that many EM currencies may still be theoretically undervalued Over time, many should gain against the dollar, just as the dollar gained against the British pound and the Japanese yen against the dollar as trade and investment integration accelerated Note that from the mid-1990s through 2007, fast integrators like Mexico and South Korea have seen their currencies move from roughly 30 percent to 80 percent of theoretical value37 Russia, rebounding from its meltdown with higher oil prices, saw its currency climb from 25 percent to 62 percent between 2000 and 2007, but several Asian currencies still lag India and China, which still do not allow full-currency conversions, have currencies valued at less than.



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Here, f ( ) is an analytical function of , thus providing the space V with a realization of the Fock Bargmann type

1132 Fermionic Symmetry SO(2r)

As in the case with statements and connections, result sets must be closed when no longer needed. ResultSet: void close(); void close(); This method closes the result set and releases database and JDBC resources associated with it. When a statement object is closed, re-executed, or used to retrieve the next result of multiple result sets, its result set is automatically closed.

A second relevant algebra, namely, so(2r), is constructed from the operators a and i a j Its generators are the r(2r 1) operators 1 a a j i j , i 2 ai a j 1 u i, j u r 1ui = j ur / (1127) (1128)





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This is just part of why the 2008 presidential hopefuls ignored ambiguous but pressing questions pertaining to global happenings, instead feeding us partisan proclamations on the nancial crisis and Iraq, occasionally peppered with morality crumbs regarding abortion, same sex marriage, stem cell research, religion, gun control, and the death penalty Amid the 2007 2008 economic slowdown we heard some discussion of the Colombia free trade agreement, largely in protectionist rhetoric Few candidates spoke on our most urgent issue: the relative decline of the United States and our historic allies amid the rapid economic integration of China, India, and other non-Western countries As the mortgage problem intensi ed, presidential candidates still failed to discuss how our economic troubles were international in nature: The United States subprime crisis was actually part of a wider global credit meltdown One can only hope that President Obama will dare to lead the United States and perhaps the world in the new global economic reality This will necessitate dramatic policy changes including overhauling postwar multilateral institutions (the United Nations and the World Bank, among others), and/or creating new ones to coordinate cross-border affairs in a world no longer dominated by the largely white, Christian societies of the West

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The maximal Abelian subalgebra, that is, Cartan subalgebra, is generated by the r operators H i = a a i 1/2 The relevant Hermitian spaces, denoted V , are those i

which carry the two fundamental spinor representations of so(2r), denoted by = r 1 1 1 i=1 n i , 2 , 2 , , 2 The sign corresponds to the parity of the number n = where the components n i are the respective eigenvalues of the generators H i They assume their values in {0, 1} and are used to label the basis states |n 1 , n 2 , , n r r Thus, the dimension of V is equal to 2r 1 = 1 p p : here, the number of 2 existing fermions varies from 0 to r The matrix representation of the generators of so(2r) is as follows: a a j 1 i j E i j E r+ jr+i , i 2 a a j E ir+ j E i

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