The Stability of the Japanese Banking System: A Historical Perspective

1993 ◽  
Vol 7 (4) ◽  
pp. 387-407 ◽  
Author(s):  
Shiro Yabushita ◽  
Atsushi Inoue
2015 ◽  
Vol 3 (1) ◽  
pp. 48
Author(s):  
Elona Shehu ◽  
Elona Meka

The quality of the loan portfolio in Albanian banking system is facing many obstacles during the last decade. In this paper we look at possible determinants of assets quality. During the recent financial crisis commercial banks were confronted with deteriorating asset quality that threatened not only the banking industry, but also the stability of the entire financial system. This study aims to examine the correlation between non-performing loans and the macroeconomic determinants in Albania during the last decade. NPLs are considered to be of a high importance as they represent the high risk exposure of banking system. A solid bank with healthy assets increases the market efficiency. Our approach is based on a panel data regression analysis technique from 2005-2015. Within this methodology this study finds robust evidence on the existing relationship between lending interest rate, real GDP growth and NPLs. We expect to find a negative relationship between lending interest rate and asset quality. Further we assume an inverse relationship between GDP growth and non-performing loans, suggesting that NPLs decrease if the economy is growing. Furthermore this study proposes a solution platform, which looks deeper into the possibility of creating a secondary active market for troubled loans, restructuring the banking system or implementing the Podgorica model. This research paper opens a new lieu of discussion in terms of academic debates and decision-making policies.


2021 ◽  
pp. 1-31
Author(s):  
S.H. Derrouaoui ◽  
Y. Bouzid ◽  
M. Guiatni

Abstract Recently, transformable Unmanned Aerial Vehicles (UAVs) have become a subject of great interest in the field of flying systems, due to their maneuverability, agility and morphological capacities. They can be used for specific missions and in more congested spaces. Moreover, this novel class of UAVs is considered as a viable solution for providing flying robots with specific and versatile functionalities. In this paper, we propose (i) a new design of a transformable quadrotor with (ii) generic modeling and (iii) adaptive control strategy. The proposed UAV is able to change its flight configuration by rotating its four arms independently around a central body, thanks to its adaptive geometry. To simplify and lighten the prototype, a simple mechanism with a light mechanical structure is proposed. Since the Center of Gravity (CoG) of the UAV moves according to the desired morphology of the system, a variation of the inertia and the allocation matrix occurs instantly. These dynamics parameters play an important role in the system control and its stability, representing a key difference compared with the classic quadrotor. Thus, a new generic model is developed, taking into account all these variations together with aerodynamic effects. To validate this model and ensure the stability of the designed UAV, an adaptive backstepping control strategy based on the change in the flight configuration is applied. MATLAB simulations are provided to evaluate and illustrate the performance and efficiency of the proposed controller. Finally, some experimental tests are presented.


Mathematics ◽  
2021 ◽  
Vol 9 (14) ◽  
pp. 1597
Author(s):  
Violeta Cvetkoska ◽  
Katerina Fotova Čiković ◽  
Marija Tasheva

The aim of this paper is to evaluate the relative efficiency of commercial banks in three developing countries in Europe (North Macedonia, Serbia, and Croatia) in the period from 2015 to 2019, and to provide targets for improvement for the inefficient banks by using DEA. The variables are selected under the income-based approach. Based on the output-oriented BCC model, unusual results are obtained for a few commercial banks in each country, that is, they are BCC relative efficient, which is contrary to the real situation. In order to identify outliers that can affect the efficiency results, a super-efficiency procedure is applied so that banks with a super-efficiency score higher than 1.2 (outliers) or for which a feasible solution was not found are considered in detail and removed, and then the output-oriented BCC model is rerun. Based on the obtained results, the Macedonian commercial banking system shows the highest efficiency (91.1%), followed by the Croatian (90.9%) and the Serbian (81.9%) banking system. The estimated targets for improvement of the inefficient commercial banks could help their top bank management in better resource allocation and making fact-based and faster decisions by which they can improve the operation of the banks they lead and contribute to the stability of the financial system.


2013 ◽  
Vol 427-429 ◽  
pp. 257-261
Author(s):  
Li Xia Sun ◽  
Jian Wei Yao ◽  
Fu Guo Hou ◽  
Xin Zhao

In order to investigate self-excited vibration mechanism of wheel-rail lateral contact system, a two DOF elasticity position wheelset lateral vibration model is established which considers the dry friction; the mechanism of the wheelset lateral self-excited vibration is investigated from the energy point of view. It shows that: the bifurcation diagram of this wheel-rail lateral contact system has a supercritical Hopf bifurcation. The energy of self-excited vibration derives from a part of traction energy; the creep rate in the wheel-rail system act as a feedback mechanism in the wheelset lateral self-excited vibration system. The stability of the wheelset self-excited vibration system depends mainly on the total energy removed from and imported into the system.


Author(s):  
E.J. Chang ◽  
S.M. Guerra ◽  
E.J.A. Lima ◽  
B.M. Tabak
Keyword(s):  

1966 ◽  
Vol 7 (1) ◽  
pp. 19-25 ◽  
Author(s):  
Bruce G. Trigger

Various theories have been proposed concerning the homeland of the Nubian languages. Current historical and linguistic evidence suggests that it was in Kordofan or Darfur and that Nubian first entered the middle reaches of the Nile between A.D. 200 and 500. There it replaced Meroitic, which appears to have been spoken in the area for a long time. Meroitic may, but has not yet been proved to be a language of the Eastern Sudanic group. If so, the persistence of many cultural traits in the Sudan may be correlated with the stability of the Eastern Sudanic-speakers in the same area.


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