The G20 financial reform agenda. Bruegel Policy Contribution Issue 2014/11, September 2014

Five years ago, the declarations of the G20 in landmark leaders’ summits in London and Pittsburgh listed specific commitments on financial regulatory reform. When measured against these declarations, as opposed to the surrounding rhetorical hype, most (though not all) commitments have been met to a substantial degree. However, the effectiveness of these reforms in making global finance more stable is not so far proven. This uncertainty on impact mirrors the absence of an analytical consensus on the 2007-08 financial crisis itself. In addition, unintended consequences of the reforms are appearing gradually, even as their initial implementation is still unfinished. At a broader level, the G20 has established neither an adequate institutional infrastructure nor a consistent policy vision for a globally integrated financial system. This shortcoming justifies increasing concerns about economically harmful market fragmentation. One key aim should be to make international regulatory bodies more representative of the rapidly-changing geography of global finance, not only in terms of their membership but also of their leadership and location.

The Rasikajy civilization in northeast Madagascar: a pre-European Chinese community?

Archaeological excavations in northern Madagascar during the first half of the 20th century have revealed the presence of a former prosperous civilisation known as the Rasikajy civilisation. Little is known about the origin of this civilisation and how and when they first arrived in Madagascar. The most striking evidence for the Rasikajy civilisation comes from excavations at a necropolis in Vohemar located along the northeast coast, where more than 600 tombs containing spectacular objects were unearthed in the 1940s (Vernier & Millot 1971). The findings in the tombs included, amongst others, Chinese ceramics, silver and gold jewellery, iron weapons, glassware, bronze mirrors and chlorite-schist objects (ibid.). The latter objects were produced from chlorite schist mined at quarries in northern and eastern Madagascar and there is evidence that jewellery and iron objects were also produced by the Rasikajy from locally available raw material. Chlorite-schist objects have not only been found in coastal sites in Madagascar, but also in the Comores and eastern Africa suggesting an active engagement of the Rasikajy in western Indian Ocean trade. Our re-evaluation of published literature on archaeological sites in northern Madagascar indicates that the majority of Chinese ceramics found in the tombs at Vohemar dates from the 15th and first half of the 16th century with some dating back to the 14th century or earlier. Our comparative analysis of burial objects at Vohemar shows that locally produced chlorite-schist tripod vessels exhibit remarkable resemblances to ancient Chinese bronze ritual tripod vessels. The objects encountered in the tombs and their positions with respect to the body indicate that the Rasikajy practiced burial rites similar to those practised in the past in China. Our re-evaluation of the literature suggests that communities with Chinese roots were present in northeastern Madagascar prior to the arrival of the first Europeans in 1500 and participated in the Indian Ocean trade network. The demise of the Rasikajy civilisation seems to have occurred in the second half of the 16th century when production of chlorite-schist objects ceased. It is still unclear why this occurred.

High-resolution pollen record of ODP Hole 175-1078C

To address the connection between tropical African vegetation development and high-latitude climate change we present a high-resolution pollen record from ODP Site 1078 (off Angola) covering the period 50-10 ka BP. Although several tropical African vegetation and climate reconstructions indicate an impact of Heinrich Stadials (HSs) in Southern Hemisphere Africa, our vegetation record shows no response. Model simulations conducted with an Earth System Model of Intermediate Complexity including a dynamical vegetation component provide one possible explanation. Because both precipitation and evaporation increased during HSs and their effects nearly cancelled each other, there was a negligible change in moisture supply. Consequently, the resulting climatic response to HSs might have been too weak to noticeably affect the vegetation composition in the study area. Our results also show that the response to HSs in southern tropical Africa neither equals nor mirrors the response to abrupt climate change in northern Africa.

Petrographical classification and mineral assemblage of basement clasts from the Quaternary and Miocene sections of sediment core CRP-1 (Table 1)

Petrographical and mineral chemistry data are described for the mist representative basement lithologies occurring as clasts (pebble grain-size class) from the CRP-1 drillhole. Most pebbles consits of either undeformed or foliated biotite with or without hornblende monzogranites. Other rock types include biotite with or without garnet syenogranitr, biotite-hornblende granodiorite, tonalite, monzogranitic porphyries, haplogranite, quartz-monzonite (restricted to the Quaternary section), Ca-silicate rocks and biotite amphibolite (restricted to the Miocene strata). The common and ubiquitous occurence of biotite with or without hornblende monzogranite pebbles, in both the Quaternary and Miocene sections, apparently mirrors the dominance of these rock types in the granitoid assemblages which are presently exposed in the upper Precambrian-lower Paleozoic basement of the south Victoria Land. The other CRP-1 pebble lithologies show petrographical features which consitently support a dominant supply from areas of the Transantarctic Mountains located to the west and south-west of the CRP-1 site, and they thus furthercorroborate a model of local provenance for the supply of basement clasts to the CRP-1 sedimentary strata.

Voorbeelden van anticque schoorsteenen, cabinetten, geridons, tafels en spiegels : benevens voorgevels van italiaansche kerkgebouwen, enz. /

Engraved title-page included in plate count.

Passenger vehicle, light truck and van convex mirror optimization and evaluation studies. Volume 1: convex mirror optimization. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Passenger vehicle, light truck and van convex mirror optimization and evaluation studies. Volume 2: evaluation of alternative mirror configurations. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Evaluation of glare from following vehicle headlights. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Appendices for evaluation of glare from following vehicle headlights. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Figures for motor vehicle conspicuity and visibility subsystems. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Measurement of blind areas on the right front of heavy trucks. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Development and implementation of a rear vision device test protocol. Volume II - simulated-use testing. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Development and implementation of a rear vision device test protocol. Volume I - physical characteristics measurements. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

Accident and near accident causation: the contribution of automobile design characteristics. Final report.

National Highway Traffic Safety Administration, Washington, D.C.

The utility of peripheral vision to motor vehicle drivers. Final technical report.

National Highway Traffic Safety Administration, Washington, D.C.