Buchanan, along with Milton Friedman and many others, correctly pointed out that government failures are as numerous as market failures.

But this is a wrong conclusion, which illustrates a lapse of logic.

The failure of Obasanjo s supporters triggered three big political developments.

In fact, most war is a failure of politics, a failure of political imagination.

When these policies fail, citizens hold mayors responsible.

Financial problems dictate, however, the success or failure in the implementation of some of these activities.

Another postponement of a decision, after 12 years of discussion, will mean the failure of our efforts.

A primary topic of discussion was Serbia's failure to deliver to the Tribunal the remaining fugitives.

Moldova s lack of success at reform was partly the result of Russian supported secessionist movements.

Reform of a country s political and economic institutions and its accession to the EU and NATO usually go hand in hand, because the prospect of membership makes painful decisions electorally acceptable.

If there is no market failure, there is no need for a policy to correct it.

As an example, one may take the failure on the part of the United Nations to prevent genocide in Rwanda.

The Hamas victory is, first and foremost, an indication of the total failure of the traditional Palestinian leadership to create a body politic.

We appear to live in a time that has witnessed the absolute failure of the grand Enlightenment dreams of linear progress, universal peace, and equality between rich and poor.

Payments fail upon execution owing to faulty, incorrect or incomplete payment instructions.

It also wished to know who was responsible for the failure of some organizations to pay attention to the Board's recommendations.

The failure of the 2005 Review Conference of the Treaty on the Non Proliferation of Nuclear Weapons (NPT) is a matter of great concern for all of us.

At the same time, it has left Japan s long sought transcendence of its war guilt and quasi pariah status incomplete.

The untenable injustice done to the Palestinian people is further proof of the failure of the international order over the past six decades.

In other cases, it will not always be easy to identify why the domestic system has failed to provide redress.

Nor will defensive measures like constructing electronic firewalls and creating redundancies in sensitive systems.

Israel s failure to subdue Hezbollah demonstrates the many weaknesses of the war on terror concept.

Ample evidence demonstrates that no country has ever been able to develop a strong and fair economy based on mineral or oil exports.

In doing so, officials are reluctant to take into account that the recent crisis resulted from an unprecedented credit boom gone bust.

It has become dangerously dependent on economic success, so that any large scale economic failure will expose the shallowness of its moral claims.

The downturn in the US began with a failure in the financial system, which quickly was translated into a slowdown in the real economy.

(b) A Party that has concerns or is affected by a failure to comply with the Convention's obligations by another Party with which it is directly involved under the Convention .

But, even in advanced countries, the influence of vested interests can lead to collective action failures and, in turn, to incorrect benchmark rates.

Where the investigation has been prompt and thorough and reveals evidence of a prima facie case against a particular person, any failure to prosecute that person suggests a failing on the part of the prosecutor.

In the autumn, Prime Minister Terzić had offered his resignation over the Bosnia and Herzegovina Parliament's failure to adopt a government proposal on the value added tax (VAT) rate.

Early death evokes a beautiful destiny interrupted before its pinnacle and hence before it tumbles into inevitable collapse.

Olli Rehn, EU Enlargement Commissioner, has stated that if Serbia and Montenegro continue to fail to hand over Karadžić and Mladić, those talks could be suspended.

The irony is that the crisis of 1997 1998 was one in which a particular system of exchange rate pegs failed when capital flowed out.

Bush cannot be blamed for the intelligence failures that attributed such weapons to Saddam, given that many other countries shared such estimates.

While democracy had indeed progressed in some parts of the world, there was a failure in some cases to act against gross violations of human rights.

This is exactly the same proposal, made after the impasse and after the failure of two groups of delegations to help me remove the square brackets.

But US leaders nonetheless accept the cyclical view of the economy, see a weak recovery, and blame it on post crisis policy failures.

But the extent of intervention they condone differs, reflecting their different views concerning how dysfunctional the prevailing approach to supervision and prudential regulation is.

Obviously, any failure to cooperate fully with the International Tribunal in The Hague or any incitement, explicit or implicit, to inter ethnic violence would be a very serious setback.

The failure of the Conference on Disarmament to act on pertinent issues such as disarmament and non proliferation is mainly attributable to the misinterpretation of its rule of consensus.

Having failed the entrance examination to Peking University, Gu was nonetheless granted an exception and admitted to read law soon after the Communist Party restored the law departments.

The global economy has been driven in recent years by remarkable speculative asset booms and busts, which bring into the equation questions of confidence and trust, as well as fairness.

Failure would lead America to seek the UN Security Council s formal condemnation of Iran, coupled with sanctions.

Expressing its regret over the failure of the 2005 Review Conference of the Parties to the Treaty on the Non Proliferation of Nuclear Weapons to reach agreement on any substantive issues,

To ensure greater clarity and decrease the risk of exposing the Fund to a failure of internal control, the emphasis in the forthcoming biennium will be on improving and strengthening financial accounting as an activity in itself.