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The first two decades of the twenty-first century witnessed a series of large-scale sovereign defaults and debt restructurings, in which sovereigns struggled to negotiate with recalcitrant bondholders, particularly hedge funds. Also, the outbreak of the COVID-19 pandemic in 2020 heralded a bleak financial outlook for many developing and emerging market countries, requiring sovereign debt restructuring in times of great macroeconomic uncertainty. Given the absence of a multilateral mechanism for sovereign debt restructuring equivalent to domestic corporate bankruptcy system, however, defaulted...

Glasses with photonic properties have great potential and are expected to play a significant role in the next generation of multimedia systems. This book is an excellent introduction to recent progress in the development and application of glass with special photonics properties. The authors, two eminent Japanese scientists, thoroughly explain the fundamentals of glass materials in the first chapter, and then proceed to discuss gradient index glass, laser glasses, nonlinear optical glasses, and magneto-optical glasses. Besides in-depth treatment of basic theory, Yamane and Asahara describe...