Effective field theories for heavy quarkonium

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Abstract
We review recent theoretical developments in heavy quarkonium physics from the point of view of Effective Field Theories of QCD. We discuss Non-Relativistic QCD and concentrate on potential Non-Relativistic QCD. Our main goal will be to derive QCD Schr\"odinger-like equations that govern the heavy quarkonium physics in the weak and strong coupling regime. We also discuss a selected set of applications, which include spectroscopy, inclusive decays and electromagnetic threshold production.

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