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Without the recourse rule, however, there is no reason for portfolios of American banks to have been so heavily concentrated in mortgage-backed bonds.Messrs Friedman and Kraus go on to make the intriguing observation that diversity of business strategies in competitive markets makes those markets less prone to coordinated failure.
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GAT is hereby proposed to coordinate the failure and repair parameters of each subsystem for stable system performance, i.e., high availability.
Overall the most frequently mentioned barriers identified by the participants were time constraints, staff workloads, the difficulty of coordinating professionals, failure to synchronize the client care interventions, lack of human resources, high staff turnover, lack of cohesion among professionals in the teams and different work methods and vocabulary.
In such a scenario, economic downturns appear to be the result of coordination failure: The invisible hand fails to coordinate the usual, optimal, flow of production and consumption.
Such coordination failures arise because real world, as opposed to textbook, economies don't have anyone coordinating supply and demand.
Before making changes to the tax code in response to demands for greater progressiveness, we need to build an agenda for internationally coordinated measures to address the failure of tax systems to deliver on their promises.
"If the markets turn bad and deprive Greece of liquidity, we can end up with another Lehman Brothers in which the failure of a coordinated response led to collapse," Mr. Stournaras said.
Of that group, the failure to document in the medical record items affecting patient care was the most common substantiated complaint (79 percent), followed by the failure to coordinate care across disciplines (57 percent) and the failure to appropriately assess or act on laboratory or imaging results (53 percent).
We found that maternal transmission Gtl2LacZ transgenic animals showed significant lethality in the third postnatal week, associated with developmental delay and failure to coordinate essential adaptations to independent life and culminating in the failure to maintain UCP1 expression in BAT.
Sainburg et al. (1995 ) demonstrated that the failure to coordinate the timings of movement reversals was due to a failure to compensate for interaction torques transferred to one joint (e.g. the elbow) by changes at another joint (e.g. the shoulder).
The archive, which describes many episodes never made public in such detail, shows the multitude of shortcomings with this new system: how a failure to coordinate among contractors, coalition forces and Iraqi troops, as well as a failure to enforce rules of engagement that bind the military, endangered civilians as well as the contractors themselves.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com