There exists a risk of spillover effects should tensions increase in Liberia in connection with the elections to be held in October.

There were, of course, some less desirable spillover effects on others.

That lack of spillover will reflect the recovery s focus on expansion of domestic demand.

The spillover reports are currently being discussed by the IMF s board.

Already, signs of spillover effects can be seen in clashes between Sunni and Alawite militias.

Yet there are several reasons why the Greek crisis is having substantial spillover effects.

But preventing the spillover into Xinjiang of Taliban inspired religious extremism remains a high priority as well.

In short, implementation of fiscal, financial, and structural reforms can mitigate the spillover effects from China s slowdown.

This case is an example of cross border anti competitive mergers' spillover effects emanating from other jurisdictions.

And spillover effects from Greece will continue to affect Balkan and other emerging European banking markets.

Particular attention, therefore, needs to be given to devising projects which could prevent the spillover of conflict across State boundaries.

The crisis could have social and the political spillover effects that go well beyond the economic realm.

Greece and Yemen have no relevant similarities, except the contrast between their size and possible spillover effects.

The examples of both Sudan and northern Uganda highlight the regional implications of conflicts and the humanitarian spillover that they often create.

The international framework should, above all, capture the risks and spillover effects arising from systemically important financial institutions.

To close these gaps, the IMF is now experimenting with spillover reports that focus on cross country impacts.

CAMBRIDGE The world s major central banks continue to express concern about inflationary spillover from their recession fighting efforts.

Thus, for the emerging economies, advanced countries downside risks and the spillover effects of their recovery policies are the key areas of concern.

By contrast, the emerging economies have barely started their own boom, which is underpinned by the spillover of liquidity from the US.

But we can nonetheless begin to assess its potential spillover effects on the rest of Asia and other major economies around the world.

The regional spillover effects of this crisis on Chad and the impact of Chadian groups crossing into west Darfur are also cause for great concern.

The grim reality is that, with financial markets becoming increasingly interconnected, monetary policy measures taken by any of the major economies have international spillover effects.

Countries with global economic clout have a special responsibility to accept that their policy actions have important spillover effects on other countries.

Spillover effects are inevitable, and once a corrosive increase in inflationary expectations sets in, it becomes all the more painful to unwind.

Emerging economies leaders fear spillover effects in commodity markets and distortions of exchange rates and capital flows that may compromise their own focus on financial stability.

But it is Iraq (another country about which the US needs to show the utmost concern) that now faces the gravest spillover effects.

Related objectives are to enhance the positive spillover of foreign presence onto the local economy and to avoid too harsh impacts on local operators, especially the small ones.

The chief will be responsible for risk control of the Fund's investments as a whole in terms of portfolio risk, operational risk and compliance risk, and will plan and perform the oversight of performance measurement, investment risk analysis and operational risk analysis, including risk arising from sub adviser and service provider relationships.

Financial regulation and supervision will surely be strengthened, but they will remain national in character, with little safeguard against cross border spillover and regulatory arbitrage.

But several years of ultra loose monetary policy in the advanced countries has led to significant liquidity spillover abroad, putting excessive upward pressure on higher yielding developing countries currencies.

By contributing to the integration of the Middle East into the global system, Turkey s democracy and market economy are having a positive spillover on its southern neighbors, however modest.

Assessment of risk

States of Risk

But offsetting fiscal austerity with ultra easy monetary policies risks fueling a resurgence of private leverage in advanced economies and already has produced the dangerous spillover of rising leverage in emerging economies.

So, at least on paper, Greece should not be a systemically important economy. Yet there are several reasons why the Greek crisis is having substantial spillover effects.

GDP risk is a long term risk.

Then, in early 1980s, when Dr. Frank Sortino developed formal definition of downside risk as a better measure of investment risk than standard deviation, downside risk has become the industry standard for risk management.

From this followed an official obligation to treat all types of risk in the monetary union bank risk or government risk as identical.

Spillover effects from the original Coal and Steel Community of the 1950's led to the creation of the European Economic Community, then to the European Community, and finally to the creation of the Union.

The International Monetary Fund is also stepping up its work in this area, through spillover reports on China, the euro zone, Japan, the United Kingdom, and the United States.

In this context, some experts noted that benefits to the company receiving an incentive should be assessed against the benefits accruing to the host economy, notably through spillover effects.

Risk of a repeat GTD The risk of a repeat GTD is approximately 1 in 100, compared with approximately 1 in 1000 risk in the general population.

The spillover effects of the Syrian crisis have also unsettled Lebanon, exemplified in the recent spate of sectarian violence, and threaten to destabilize Jordan, which is struggling under the burden of more than 500,000 Syrian refugees.

But it was either risk getting killed by a gun or risk dying of hunger.

(e) Create a risk and compliance section for better risk control of investments and operations