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As the access to materials increased, competition to design the most beautiful patterns rose, with an estimate of over 300 different kogin-zashi patterns being created. In the 20th century, the craft of kogin-zashi was streamlined, establishing the three general types that are seen today: nishi-kogin , higashi-kogin , and mishima-kogin . [ 2 ]
Market foreclosure or vertical foreclosure, is the production limitation put on a producing organisation if either it is denied access to a supplier (upstream foreclosure), or it is denied access to a downstream buyer (downstream foreclosure). [1]
Many sashiko patterns were derived from Chinese designs, but just as many were developed by native Japanese embroiderers; for example, the style known as kogin-zashi, which generally consists of diamond-shaped patterns in horizontal rows, is a distinctive variety of sashiko that was developed in Aomori Prefecture.
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
The weather risk market makes it possible to manage the financial impact of weather through risk transfer instruments based on a defined weather element, such as temperature, rain, snow, wind, etc. Weather risk management is a way for organizations to limit their financial exposure to disruptive weather events.
The term is derived from the Japanese term "boroboro", meaning something tattered or repaired. [2] The term 'boro' typically refers to cotton, linen and hemp materials, mostly hand-woven by peasant farmers, that have been stitched or re-woven together to create an often many-layered material used for warm, practical clothing.
Weather derivatives are financial instruments that can be used by organizations or individuals as part of a risk management strategy to reduce risk associated with adverse or unexpected weather conditions. Weather derivatives are index-based instruments that usually use observed weather data at a weather station to create an index on which a ...
Economic effects due to changes in total annual precipitation show regional patterns generally opposite to changes in the number of wet days. [ 1 ] According to a study by reinsurance company Swiss Re in 2021 the economies of wealthy countries like the US would likely shrink by approximately 7%, while some developing nations would be devastated ...