Evaluation of the effectiveness of leniency programmes

The GVH has applied its leniency policy to the matter.

This has to stop, Ashenafi says. This should not be tolerated at all.

No wonder the impressive premier is thought to favor some political loosening.

These moves create an atmosphere of moral permissiveness that makes renewed conflict a distinct possibility.

Aware of the dangers of drug abuse, its effects on the freedom and development of youth, who are the most precious asset of the world, and the negative health and social consequences of drug abuse,

This case is a good example of the use of a leniency programme when dealing with cartel cases.

Europeans and Asians saw excessively loose US fiscal and monetary policy as the major culprit.

Taking into account the ease with which young people may succumb to addiction upon toleration of the use of certain types of drug,

We can only hope that those setbacks will prompt us to work more seriously to face up to those perils and not to treat them lightly.

Libya is already partitioned among rival warlords, with a national government that operates only at the indulgence of the armed groups that support it.

Political impediments often enable lax arrangements to linger even after they are recognized as inefficient.

More and more countries are enforcing competition laws more rigorously and also adopting tactics such as the introduction of leniency programmes and dawn raids.

But extending that leniency to human germline genetic modification may well cause future generations to view their actions very differently.

Even in countries with well developed systems of corporate governance, arrangements that are excessively lax on corporate insiders persist.

Both the attacks on excessively easy central banks and the effort to limit government debt are enormously popular in Germany.

Moreover, because more people are evading taxes, tax administrations are under increasing pressure to become more lenient or to accept bribes.

The choice that the EU faces is the same in other parts of the world either integrate politically, or ease up on economic unification.

The Committee also suggested that the Government undertakes awareness raising measures, including a campaign of zero tolerance, to make such violence socially and morally unacceptable.

Of course, insiders do not want the rules to be so lax that it becomes impossible for them to raise capital from the public.

Of all these, the Commission and the Competition Tribunal have on average rejected no more than 2 per cent, which indicates that the merger regulation environment in South Africa is one that is very permissive.

Of course, if the international economic environment had been more favourable, and if there were not so much legitimate concern about declining purchasing power, the French might have shown greater indulgence towards their young president.

These problems are compounded by a history of statutory pardoning of prisoners as well as lenient sentencing of child sexual offenders resulting in a legal system which is unable to protect children and women.

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.

Key military figures tacit backing for the Turkish Parliament s refusal to endorse the March 2003 US led invasion of Iraq suggests that Turkish nationalism could unite the AKP s rank and file MPs with their otherwise implacable foes in the secular camp. If the EU were to snub Turkey openly over membership, or if America were to seem too lax on the Kurdish problem in Northern Iraq, a huge swathe of the two camps could well unite.

The exceptionally easy monetary policy at the start of the decade contributed to financial investors willingness to buy low quality financial assets in order to get higher yield and to an explosive rise in house prices.

At a time when democracy and democratization have become the watchwords of US foreign policy, normalization of diplomatic relations with Gaddafi s Libya, not to mention leniency towards Egypt and Saudi Arabia hardly boosts America s credibility.

This prideful interpretation amounted to the siren song of an extremely accommodative monetary policy. Unable to disentangle the global and domestic pressures suppressing inflation, a price targeting Fed has erred consistently on the side of easy money.

Lax corporate governance rules are not generally the result of a lack of knowledge by public officials. Political impediments often enable lax arrangements to linger even after they are recognized as inefficient.

Britain s disastrous 1956 invasion of Egypt was talked about as though Gamal Nasser was a throw back to the fascist dictators of the 1930 s. If he were to be appeased as they had been, the results would be catastrophic in the Middle East.

Both the attacks on excessively easy central banks and the effort to limit government debt are enormously popular in Germany. But they have been widely condemned by economists worldwide (including in Germany) as nonsense.