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It was something that had been excluded because of the systemic problem.
Hypo Re said Friday that it had lost another 395 million euros last quarter, a year and a half after the German government approved a measure that allowed Hypo to be taken over because of the systemic risk it posed.
But that political resolve could prove hard to sustain — and not simply because of the systemic weaknesses that have resulted in six prime ministers in the last five years.
And it includes this wonderful (and evocative) Paul Kedrosky quote:But the reason why all these banks had the opportunity to so quickly make so many bad loans, and why so many banks and loans failed so fast, is because of the systemic problems in banking, many of which were tied to loan exotica.
In this political context, because of the systemic crisis, discussions have been more inclusive.
The topic of implementation is particularly important in the Philippines because of the systemic reform that is integral to the K to 12 curriculum.
Similar(37)
That's because much of the systemic harm from such a firm's failure would be externalized onto other market participants as well as onto the public, including ordinary citizens affected by an economic collapse.
If systemically important firms are more likely to engage in excessive risk-taking because much of the systemic harm from their failure would be externalized, the more direct way to regulate that risk-taking should be to correct the misalignment between public and private interests.
Because the reduction of the systemic NO level by TL was greater than that obtained by B20, we assume that an additional increase of the NO inhibitor dosage with B20 therapy may improve the therapeutic outcome.
In general, chemotherapy is chosen for distant recurrence of esophageal carcinoma because of the oncological systemic status.
A weaker association observed with inhaled steroids is plausible because of the minimal systemic effects of inhaled steroids (Hardman et al, 1996; Zoorob and Cender, 1998).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com