Nigel Edwards, policy director of the NHS Confederation, which represents health-service organisations, says that the target regime has caused "collateral damage by harming relations between doctors and their employers".The government's retreat from targets is the logical counterpart to the rebirth of the internal market within the NHS, in which money will follow the patient.
Developed economies need rules governing investment, a system of secured lending that makes it easy for creditors to take a broad range of assets as collateral and a workable tax regime.
But conducting such training and supply, covertly or overtly, would turn the Obama Administration's intervention from a humanitarian action designed to protect civilians into the promotion of proxy war devoted to regime change, with civilians as prospective collateral damage.
Given the massive potential for collateral damage, they are often resorted to by a regime in desperate situations or in the cases when territory has already been effectively seized by an opposing force".
We study optimal macroprudential policy in a model in which unconventional shocks, in the form of news about future fundamentals and regime changes in world interest rates, interact with collateral constraints in driving the dynamics of financial crises.
Such collateral sensitivity may additionally limit bacterial adaptation in sequential treatment regimes (Imamovic and Sommer 2013; Lazar et al. 2014; Oz et al. 2014).
Overthrow and topple are hot, vigorous verbs; regime change is a cool, polite noun phrase suggesting transition without collateral damage.
As well as providing taxpayers with protection, the collateral would give Greece an added incentive not to veer off its economic fitness regime.
Table 2 shows that legal rules that restrict the deductibility of interest expenses, but fully tax default gains ((alpha '>beta ')) such as, e.g., the current tax regime in Germany provides an incentive to secure a loan by offering collateral.
