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

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.

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

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

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

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

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

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

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

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

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

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.

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

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

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.

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.

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

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

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

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

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

But, even as China recovers from its current slowdown, it is not likely to provide a similar boost to all of its trading partners. That lack of spillover will reflect the recovery s focus on expansion of domestic demand.

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.

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.

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 spillover reports are currently being discussed by the IMF s board. A synthetic report by the Fund s Managing Director is to be presented to the International Monetary and Financial Committee when officials from the IMF s member states meet in September.

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.

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.

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 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.

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.

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.

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.

What is certain is that, in making its decision, the Fed will not consider its policy s spillover effects on the rest of the world, leaving affected countries policymakers and central bankers to deal with the fallout.

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.

A growing base of R D capabilities permits better and faster diffusion of new technologies within the economy, lowers the cost of technology transfer and captures more of the spillover benefits created by the operation of foreign firms.

For some time now, however, a good many of them, through a spillover effect, have begun to make political demands (establishment of Sharia laws and proclamation of an Islamic Republic) often accompanied by a rhetoric of violence and acts of vandalism.

A viable distribution sector can help to ensure price stability, allow consumers to have wider and better choices, create spillover effects in terms of increasing and improving employment, promote enterprise development and enhance social benefits, including the empowerment of women.

However, developments in the country before the October elections and during the period leading to the inauguration of the new Government in January 2006 will need to be monitored carefully with regard to any possible spillover effects on Sierra Leone.

Theories about China s attitude toward North Korea often begin and end with the view that what the country fears, above all, is an inflow of refugees in the event of a North Korean collapse a spillover that could rend the delicate ethnic quilt of China s northeast provinces.

The Secretary General reminds us of this when he rightly stresses in his Report on the Work of the Organization that the violent internal conflicts that still persist the world over cause millions of civilian victims, result in spillover to neighbouring countries and heighten the threat to peace and international security.