In effect, reducing risk on a global scale appears to have increased it for some players.
It has promised, if necessary, to make dollars superabundant -- in effect reducing their purchasing power on purpose.
Some workers on other sites say employers routinely confiscate passports and refuse to issue ID cards, in effect reducing them to the status of illegal aliens.
He said the old practice of removing teeth and roots and replacing them with dentures had a negative effect, reducing bone in the jaw ridge.
Proposition 13, which capped property-tax rates at one per cent of assessed valuation, has had its intended effect: reducing property taxes.
What is your opinion of the law that is about to go into effect reducing or eliminating government subsidies on consumer goods like gas and food?
Curbing those abuses through the Dodd-Frank reform law and other new rules — in effect, reducing risk in the system — will cut into revenue.
But Estonia cut its contribution to private-sector pensions, in effect reducing the future retirement income of today's workers, while Poland has been considering similar proposals.
See here and here.Happy anniversaryThe Obama administration reported that 16.4m people had obtained health insurance since Obamacare came into effect, reducing the proportion of Americans who are uninsured from 20.3% to 13.2%.
Even that is an understatement, thanks to the rise of the Alternative Minimum Tax, a parallel tax that is ensnaring ever more Americans and, in effect, reducing the impact of the Bush tax cuts.
Apple says that this had the intended effect, reducing the amount of times that older iPhones suddenly shut off.
