Global imbalances

Conceptually, the global imbalances can be decomposed into three components cyclical, structural and institutional.

However, perturbations cause the orbital elements to change over time.

And these hackers had a word for those mysterious bugs in telegraph systems that they called bugs.

Institutionally, new rules get enacted to correct previous dysfunctions.

Our collective commitment and efforts are needed to correct the imbalances and disparities in the world.

Finally, there are institutional factors, particularly in international monetary arrangements, that contribute to global imbalances.

Even if the imbalances were sustainable, or could be adjusted in a smooth manner, the magnitude and skewed distribution of the imbalances suggest a less than efficient and equitable allocation of global resources between developed and developing countries.

Efforts to strengthen the various arms of the United Nations system are needed to tackle institutional imbalances.

Equally, each component has different policy implications for the adjustment of the global imbalances.

However, as discussed above, many factors other than the relative prices of tradable goods determine the imbalances, particularly in the case of the dominant reserve currency.

If progress is not made in reducing the projected fiscal imbalances and limiting the growth of bank reserves, reduced demand for dollar assets could cause the dollar to fall more rapidly and the interest rate on dollar securities to rise.

The increase in the global imbalances over the past few years has been driven partly by cyclical factors.

Addressing global imbalances and restoring and sustaining balanced growth to the world economy require vigorous collaborative efforts.

Their efforts to self insure, by, say, building up their foreign exchange reserves, perpetuate global economic imbalances.

Both may essentially suffer from the same type of irregularities and thus affect the parties' rights in the same way.

Irregularities in the evidence were brought to the attention of the relevant Panel of Commissioners for whatever action it considered appropriate.

The Secretary General's report clearly points out that at present, developing countries are often denied a level playing field to compete in global trade because rich countries use a variety of tariffs, quotas and subsidies to restrict access to their own markets and shelter their own producers.

In particular, such means as giving incremental yearly increases or redressing the margin imbalances at individual grades could be explored.

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Equally important, however, is the reduction of economic imbalances and European policy coordination to enable growth.

To answer these questions, it is important to understand the imbalances underlying dynamics.

Aware as we are of our common responsibilities towards the least developed countries, we should not exacerbate the imbalances of our planet.

Each component of the global imbalances has different implications for the world economy in terms of sustainability, efficiency and equity.

These imbalances can be redressed only with great effort, if at all, and only if one accepts a decade of stagnation.

To continue to engage all partners on the issue of global systemic imbalances in areas such as trade, finance, money and technology.

The Committee urges the State party to promote equal access to social benefits and social services by striving to correct regional imbalances.

So what we've been able to do is to pinpoint where these disturbances are in the brain, and we've been able to intervene within these circuits in the brain to either turn them up or turn them down.