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Yet it's very important to note that low productivity growth alone does not cause crises.
Financing instability does not just cause crises, it also forces bailouts.
Low productivity might not cause crises or soaring unemployment, but depressions are very good at doing so.
More vigilance makes the world a safer place; as the Financial Times put it, "risky assets do not cause crises.
Greedy investors and ambitious bankers are quite able to cause crises even without those bonuses.Instead the regulators should be guided by three precepts.
The pay-what-you-like policy has caused a certain amount of anxiety among diners, much as the pay-what-you-wish policy at, say, the Metropolitan Museum can cause crises of conscience in the face of a ticket-taking docent's all-knowing gaze.
Similar(51)
A risk is the potential to cause crisis, an emergency, a disaster and/or a catastrophe.
In the 1990s that dynamic caused crises.
"That's what caused crises to be worse than they needed to be".
It's not always clear what causes crises, whether they can be avoided and how their impact can be reduced.
The concept of value-based healthcare has been developed as a response to the financial pressures that are causing crises in our health systems.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com