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For example, permits have different validities across time (e.g., banking, borrowing, and seasons) and space (e.g., zonal restrictions), and compliance timing can be annual, in overlapping cycles, or in multi-year periods.
Before World War I, London served as the center of international banking, borrowing money from some countries at one rate of interest and lending it out to others at a higher rate.
Taxes provide automatic temporal flexibility, which needs to be built into a cap-and-trade system through provision for banking, borrowing, and possibly a cost-containment mechanism.
The decisions that are being taken about allowing banking, borrowing, and the size of the free allocations and therefore the shifts within the economies of the costs that's imposed in one direction rather than another.
Similar(56)
A downgrade would very likely raise the banks' borrowing costs.
And it will be important only in countries where firms are dependent on bank borrowing.
Great Wall says it has become more dependent on bank borrowing.
That means the money is falsely cheap — the government is, in effect, subsidizing bank borrowing.
Banks' borrowing costs fell by one percentage point in the second half of 2012.
The three-month inter-bank borrowing rate is at a ten-month high.
It is therefore best thought of as a limitation on bank borrowing.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com