Nan Zhang

This book is the first to focus on the global flow of funds (GFF), providing an introduction to its fundamental concepts and establishing a theoretical framework for analysis. It connects the flow of funds within domestic economies to that of the rest of the world, offering a comprehensive analysis of GFF dynamics. This study enhances GFF statistics, enabling the assessment of global financial stability from both national and cross-border sectoral perspectives. The GFF data provide valuable insights into analyzing interconnectivity across borders and an understanding of global financial interdependencies. By examining the data sources and reconstructing the statistical framework to establish the GFF statistical matrix, this book conducts a case study to evaluate financial risks and influences in G20 countries. Subsequently, it connects the GFF matrix with sectoral account data and the flow of funds to establish the sectoral from-whom-to-whom financial stock matrix (SFSM). The SFSM aims to establish a new framework for conducting multi-country, multi-sector analysis within the G20, with a special emphasis on examining the national and cross-border exposures of sectors in China, Japan, and the USA. This involves constructing country-specific financial networks and connecting them based on cross-border exposures. The systematic analysis results effectively showcase the financial interconnections among G20 countries within the GFF and shed light on the attributes of external shocks and internal influences. The focus is particularly on the changes in risk exposure between China and the USA concerning their external assets and liabilities and the implications of economic decoupling of these dynamics.

This book is the first to focus on the global flow of funds (GFF), providing an introduction to its fundamental concepts and establishing a theoretical framework for analysis. It connects the flow of funds within domestic economies to that of the rest of the world, offering a comprehensive analysis of GFF dynamics. This study enhances GFF statistics, enabling the assessment of global financial stability from both national and cross-border sectoral perspectives. The GFF data provide valuable insights into analyzing interconnectivity across borders and an understanding of global financial interdependencies. By examining the data sources and reconstructing the statistical framework to establish the GFF statistical matrix, this book conducts a case study to evaluate financial risks and influences in G20 countries. Subsequently, it connects the GFF matrix with sectoral account data and the flow of funds to establish the sectoral from-whom-to-whom financial stock matrix (SFSM). The SFSM aims to establish a new framework for conducting multi-country, multi-sector analysis within the G20, with a special emphasis on examining the national and cross-border exposures of sectors in China, Japan, and the USA. This involves constructing country-specific financial networks and connecting them based on cross-border exposures. The systematic analysis results effectively showcase the financial interconnections among G20 countries within the GFF and shed light on the attributes of external shocks and internal influences. The focus is particularly on the changes in risk exposure between China and the USA concerning their external assets and liabilities and the implications of economic decoupling of these dynamics.

This book discusses the theory, methods, and applications of flow of funds analysis. The book integrates the basic principles of economic statistics, financial accounts, international finance, econometric models, and financial network analysis, providing a systematic and comprehensive introduction to the interconnection between these research fields. It thus provides the reader with the intellectual groundwork indispensable for understanding the workings and interactions of today’s globalized financial markets. The main focus of the book is how to observe the flow of funds in macroeconomics, how to measure the global flow of funds (GFF), and how to use GFF data to carry out an analysis. Based on the statistical framework for measuring GFF under the System of National Accounts, the book identifies the systematic relationship of financial linkages among economic sectors and with the rest of the world while integrating data sources that include stock data, geographically broken down by country–region, and selected financial instruments. It sets out the GFF concept and constructs a GFF matrix (metadata) on a from-whom-to-whom basis within a country-by-country pattern. Lastly, an established GFF matrix table is used to conduct an empirical study including an econometric model and financial network analysis.

This book comprehensively discusses the main features of the Chinese patent law system, which not only legally ‘transplants’ international treaties into the Chinese context, but also maintains China’s legal culture and promotes domestic economic growth. This is the basis for encouraging creativity and improving patent law protection in China. The book approaches the evolution of the Chinese patent system through the ancient Chinese philosopher Confucius’s classic principle, offering readers a fresh new way to understand and analyze Chinese patent law reforms, while also outlining how Confucian insights could be used to improve the enforcement of patent law and overall intellectual property protection awareness in China. It examines ancient Chinese innovation history, explores intellectual property from a Confucian perspective, and discusses the roots of Chinese patent law, as well as the past three amendments and the trends in the ongoing fourth amendment. In addition to helping readers grasp the mentality behind the Chinese approach to patent law and patent protection, the book provides an alternative research methodology and philosophical approach by demonstrating Confucian analysis, which provides a more dynamic way to justify intellectual property in the academic world. Lastly, it suggests future strategies for local industries in the legal, cultural and sociological sectors in China, which provide benefits for domestic and overseas patent holders alike. The book offers a valuable asset for graduate students and researchers on China and intellectual property law, as well as general readers interested in Asian culture and the philosophy of law.

This book discusses the theory, methods, and applications of flow of funds analysis. The book integrates the basic principles of economic statistics, financial accounts, international finance, econometric models, and financial network analysis, providing a systematic and comprehensive introduction to the interconnection between these research fields. It thus provides the reader with the intellectual groundwork indispensable for understanding the workings and interactions of today’s globalized financial markets. The main focus of the book is how to observe the flow of funds in macroeconomics, how to measure the global flow of funds (GFF), and how to use GFF data to carry out an analysis. Based on the statistical framework for measuring GFF under the System of National Accounts, the book identifies the systematic relationship of financial linkages among economic sectors and with the rest of the world while integrating data sources that include stock data, geographically broken down by country–region, and selected financial instruments. It sets out the GFF concept and constructs a GFF matrix (metadata) on a from-whom-to-whom basis within a country-by-country pattern. Lastly, an established GFF matrix table is used to conduct an empirical study including an econometric model and financial network analysis.

This book comprehensively discusses the main features of the Chinese patent law system, which not only legally ‘transplants’ international treaties into the Chinese context, but also maintains China’s legal culture and promotes domestic economic growth. This is the basis for encouraging creativity and improving patent law protection in China. The book approaches the evolution of the Chinese patent system through the ancient Chinese philosopher Confucius’s classic principle, offering readers a fresh new way to understand and analyze Chinese patent law reforms, while also outlining how Confucian insights could be used to improve the enforcement of patent law and overall intellectual property protection awareness in China. It examines ancient Chinese innovation history, explores intellectual property from a Confucian perspective, and discusses the roots of Chinese patent law, as well as the past three amendments and the trends in the ongoing fourth amendment. In addition to helping readers grasp the mentality behind the Chinese approach to patent law and patent protection, the book provides an alternative research methodology and philosophical approach by demonstrating Confucian analysis, which provides a more dynamic way to justify intellectual property in the academic world. Lastly, it suggests future strategies for local industries in the legal, cultural and sociological sectors in China, which provide benefits for domestic and overseas patent holders alike. The book offers a valuable asset for graduate students and researchers on China and intellectual property law, as well as general readers interested in Asian culture and the philosophy of law.

This book presents both the fundamental theory and numerical calculations and field experiments used in a range of practical engineering projects. It not only provides theoretical formulations and various solutions, but also offers concrete methods to extend the life of existing bridge structures and presents a guide to the rational design of new bridges, such as high-speed railway bridges and long-span bridges. Further, it offers a reference resource for solving vehicle–structure dynamic interaction problems in the research on and design of all types of highways, railways and other transport structures.

This book presents both the fundamental theory and numerical calculations and field experiments used in a range of practical engineering projects. It not only provides theoretical formulations and various solutions, but also offers concrete methods to extend the life of existing bridge structures and presents a guide to the rational design of new bridges, such as high-speed railway bridges and long-span bridges. Further, it offers a reference resource for solving vehicle–structure dynamic interaction problems in the research on and design of all types of highways, railways and other transport structures.

The worldwide reach of the Internet allows malicious cyber criminals to coordinate and launch attacks on both cyber and cyber-physical infrastructure from anywhere in the world. This purpose of this handbook is to introduce the theoretical foundations and practical solution techniques for securing critical cyber and physical infrastructures as well as their underlying computing and communication architectures and systems. Examples of such infrastructures include utility networks (e.g., electrical power grids), ground transportation systems (automotives, roads, bridges and tunnels), airports and air traffic control systems, wired and wireless communication and sensor networks, systems for storing and distributing water and food supplies, medical and healthcare delivery systems, as well as financial, banking and commercial transaction assets. The handbook focus mostly on the scientific foundations and engineering techniques – while also addressing the proper integration of policies and access control mechanisms, for example, how human-developed policies can be properly enforced by an automated system.