This Element proposes an alternative framework for rethinking the role of finance in serving the real economy from the perspective of New Structural Financial Economics. It challenges the conventional wisdom that developing countries should take the financial structure of developed countries as the benchmark and financial structure does not matter in spurring long-run economic development. As a sub-discipline of New Structural Economics, New Structural Financial Economics has three tenets....

Water and Thermal Management of Proton Exchange Membrane Fuel Cells introduces the main research methods and latest advances in the water and thermal management of PEMFCs. The book introduces the transport mechanism of each component, including modeling methods at different scales, along with practical exercises. Topics include PEMFC fundamentals, working principles and transport mechanisms, characterization tests and diagnostic analysis, the simulation of multiphase transport and electrod...