The risk of a correction in the face of disappointing macroeconomic fundamentals is clear. Indeed, recent data from the United States and other advanced economies suggest that the recession may last through the end of the year.

This lack of adjustment capacity is crucial.

The risk of a correction in the face of disappointing macroeconomic fundamentals is clear.

Indeed, many risks of a downward market correction remain.

Moreover, their innovations created and satisfied many new consumer desires. Airplanes, for instance, didn't reduce demand for automobiles people fly when they would not otherwise have driven.

Moreover, their innovations created and satisfied many new consumer desires.

These changes, however, must always be undertaken in the light of core European virtues.

Only when both sides make serious efforts to fix their domestic fundamentals will the imbalances be reduced in a serious and sustained way. Short run exchange rate adjustments simply cannot fix negative long term trends.

Short run exchange rate adjustments simply cannot fix negative long term trends.

The most common adjustment measure, which governments in 78 developing countries are considering, is subsidy reduction.

As costs rise in China s coastal provinces, several types of adjustment are taking place.

Expressing its deep appreciation for the voluntary contributions made by Governments and other public and private entities in support of the University,

The proposed amendment, however, is the most overt legislative attack on homosexuality in Russia to date.

(a) To lower the threshold for implementing cost of living adjustments of pensions in award from 3 per cent to 2 per cent, with effect from the adjustment due on 1 April 2001

According to unofficial figures, subsidies already represent 5 of GDP, and only painful adjustments can reduce them.

Expressing its deep appreciation for the voluntary contributions made to date by Governments and other public and private entities in support of the University,

Migration is, of course, part of the adjustment mechanism that makes America work as a single market with a single currency.

He was summoned several times by the junta to undergo attitude adjustment but he refused to comply with the military orders.

Noting the proposals made to implement the work programme of the World Trade Organization, including those to liberalize international agricultural and non agricultural trade,

He may well have opted for a minor tactical correction, only to wait to fight another day.

The members of Clamp had some difficulty adjusting from their typical style after deciding to publish with Weekly Shōnen Magazine .

33. Also notes the convening of the sessions of the Working Group of Experts on People of African Descent, the renewal of its mandate and the adjustments effected thereto

High growth and financial stability in emerging economies are helping to facilitate the massive adjustment facing industrial countries.

A key priority for advanced economies is to continue the process of fiscal adjustment that most of them initiated this year.

We don t want to lose global online services, which will be unable to operate in Russia unless the law is amended.

Russia's new law seems to be aimed at avoiding decisions by the European Court of Human Rights (pictured), but recent changes to the draft text suggest a broader mandate.

There is now great skepticism as to the substance of any fix especially one that relies on smoke and mirrors to postpone meaningful fiscal adjustment.

Countries spend years negotiating trade rules, but exchange rate movements can, within days, have a greater impact on trade than those painstaking deals. Furthermore, exchange rate movements are essentially determined by financial flows and may have no effects in terms of correcting global trade imbalances.

Thanks to decisive policy moves to pre empt a housing bubble, the real estate market has stabilized, and further corrections are expected soon.

In emerging markets and low income economies, the challenge is to avoid overheating, contain financial risks, and address pressing social spending needs, while not compromising sustainability.

The association was present in all major regions of the world, with an estimated 46 increased risk following adjustment for other risk factors.

Furthermore, exchange rate movements are essentially determined by financial flows and may have no effects in terms of correcting global trade imbalances.

Appreciating the establishment of a trust fund by the World Bank to assist in the efforts to resolve the year 2000 problem and the voluntary contributions made to it by the Member States,

After all, payment imbalances always have two sides, and the burden of adjustment should not be borne only by deficit countries.

There is room for moderation in both sides positions, but their leaders must be given the right platform on which to make the needed adjustments.

Little wonder, then, that we are now witnessing a significant correction in equity, credit, and commodities markets.

5. Welcomes the contributions already made by multilateral and bilateral donors for the participation of representatives from the least developed countries in the sessions of the Preparatory Committee and in the Conference

Adjustments in operational doctrine, as applied to strategic, tactical, and conventional forces, would constitute a giant step toward ending the relationship s militarized framework.

The eurozone s sovereign risk problems could worsen, leading to another round of asset price corrections, global risk aversion, volatility, and financial contagion.

As tempting as they are, quick fixes like capital controls merely provide a false sense of security and delay needed adjustments in an economy. The harsh reality is that emerging market policymakers have little choice but to manage actively the process of liberalization in order to improve the cost benefit tradeoff, rather than to try fighting against the inevitable.

As tempting as they are, quick fixes like capital controls merely provide a false sense of security and delay needed adjustments in an economy.

(a) A phased approach in the elimination of the 1.5 per cent reduction in the first consumer price index adjustments

After Viktor Yanukovych s election last year, the Constitutional Court rescinded constitutional changes made in 2004 as part of the settlement that brought about a peaceful end to the Orange Revolution.

5. Welcomes the improved participation of observers in the work of the Committee on Conferences, the changes in the procedure governing the participation of observers and the decision of the Committee to keep this procedure under review

14. Commends the Secretary General for the establishment of the Trust Fund for Peacebuilding in Somalia, welcomes the contributions made thus far to the Fund, and appeals to Member States to contribute to it