First, arguably, prior art existed in the literature. In 1929 the Austrian engineer H. Noordwig observed that a satellite at an altitude of 35,786 km in the equatorial plane would appear motionless when viewed from earth (as cited by Bruno Pattan in Satellite Systems: Principles and Technologies)...
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Second, had Clarke obtained a patent in 1945, it would have expired in 1962, 17 years after the concept was first disclosed and two years before the first geostationary satellite, Syncom III, was successfully launched. Nevertheless, Clarke can rightfully claim credit for the first detailed technical exposition of satellite communications with specific reference to the geostationary orbit...
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Critical Comparison Of Fixed And Floating Exchange Rate Mechanisms Although possible, adjustment of the exchange rate can only occur infrequently and not fast enough to appropriately respond to market forces. Often the exchange rate can dominate policy such that interest rates and other policies may be set to maintain the fixed rate without a great deal of consideration for what is best for the economy...	9 / 2325
Exchange rate policy (Eichengreen & Razo-Garcia 2006: 416) South Africa and exchange control South Africa boasts with a very well developed financial sector, far superior to that of most developing countries...	4 / 1010
Exchange Rate Policy in Bangladesh: A Review of Key Concepts and Issues This relationship follows the uncovered interest rate parity condition: id = if + r + d , where d is expected rate of depreciation of the domestic currency...	23 / 6199
Adjusting China's exchange rate Instead, China should undertake a "two-step" currency reform. Step one, to be implemented immediately, would have three elements. It would involve simultaneously a switch from a unitary peg to the US dollar to a basket peg, a 15 to 25 percent appreciation of the RMB, and wider margins (say 5 to 7 percent on either side) around the new peg...	3 / 705
The Australian Exchange Rate These factors are: The Size of financial flows into Australia The size of financial flows into Australia from investors who wish to invest in Australia and need to convert their currency into AUD will affect demand for the dollar...	12 / 3180