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In more familiar terms, the pound is worth about DM2.96 just above its over-ambitious central rate in the European exchange-rate mechanism, from which it was ejected in 1992.
All the way back in 1994, Paul Ormerod wrote a book called The Death of Economics, lamenting the failure to forecast the Japanese recession or the collapse of the Exchange Rate Mechanism, from which Britain was turfed out in 1992.
The founder members of the eurozone were so concerned about the gyrations of the exchange markets in the 1970s, after the break-up of the Bretton Woods "fixed but adjustable" exchange rate system that they constructed the Exchange Rate Mechanism, from which the single currency evolved.
The growth of thus generated field-line oscillations is terminated at a certain level depending on the dominant dissipation mechanism, from which we can obtain the effective Q-factor of the FLR.
This hypothesis reconciles the observation of chimerism in organs with the mechanism from which chimerism in believed to be derived.
To understand how, or why, divergent mechanisms emerged to govern germ line development, it is necessary to define the basal mechanism from which these evolved.
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A number of species have developed novel genetic and structural mechanisms from which they derive these antibody repertoires, however, traditionally antibodies are isolated from human, and rodent sources.
An enduring aim of research in the psychological and brain sciences is to understand the nature of individual differences in human intelligence, examining the stunning breadth and diversity of intellectual abilities and the remarkable neurobiological mechanisms from which they arise.
He must shift his negotiating abilities from allocating the spoils for the personal enrichment of those loyal, to managing a healthy confederation of tribes, administered well through the loya jirga and other tribal governance mechanisms from which a truly functioning nation-state can thereafter rise.
We also evidence distinct phylogenies between them and propose the existence of a combination of different genetic mechanisms from which sequence variability arises.
To determine whether our FAIME-derived mechanisms were better able to detect common pathways between datasets we examined the percentage of genes that overlapped with the mean size of the significant mechanisms from which they were derived.
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