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Economic authority would have rested on the control of cotton and edible plants and associated trade relationships, with power centered on the inland sites.
It vested unprecedented economic authority in a single unelected official, the secretary of the Treasury.
Dalian also has provincial-level economic authority and is one of China's coastal cities open to foreign investment.
"It will not work unless you have a single economic authority responsible for taxation, and that means a single government.
Very soon it became clear that what Moscow had lost in political authority it had gained, and then some, in economic authority.
So the E.U. today has many citizens, but no single supranational nation state to which everyone is ready to cede economic authority.
Similar(33)
If you are talking about some of the independent economic authorities who've already weighed into the debate, they are people who have been wrong in the past.
Europeans often have national debates about fundamental economic issues: how much industry should be government-controlled; what does private enterprise owe the state; what is the relationship between the European Union's economic authorities and its member states.
The stimulus plan was questioned by one of Russia's leading economic authorities, Aleksei L. Kudrin, who said it would unnecessarily put pension funds at risk and, in the immediate term, would not create much growth.
The economic authorities in these countries found themselves struggling to find outside sources of money which led them into heavy and ultimately unsustainable foreign borrowing while trying to cope with rampant inflation (hyperinflation in some cases).
; Japan risks the potential downward acceleration of Nikkei, coupled with a collapsing currency.; What about those threats from the G-7 economic authorities to intervene against the dollar?
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CEO of Professional Science Editing for Scientists @ prosciediting.com