Something that works in one nation — flexible labor markets, for instance — may work very differently in another country, where behaviors and preferences are shaped by another culture.
On April 22nd, however, the Bulgarian daily Sega quoted him as saying that the Fund now had new, flexible instruments to support "nations pursuing good macroeconomic and financial policies".
The report recommends that the World Trade Organization's treaty on intellectual property rights be made much more flexible so that developing nations, from Brazil to Bangladesh, can adopt rules more at their own pace.
Making headlines this morning, the U.S. dollar has fallen a three-year low against the Japanese yen, after this weekend's Group of Seven meeting of industrialized nations, where flexible foreign currency exchange rates were at issue.
At that time, most inmates across the nation served flexible sentences, say 5 to 10 years, and parole boards appointed by governors had discretion in determining when prisoners were ready for release, usually when they could show they had rehabilitated themselves or had a job or family waiting for them.
"The Chinese side reaffirmed China's commitment to further advance reform and to push ahead firmly and steadily to a market-based flexible exchange rate," the two nations said in the communiqué.
Senator Lamar Alexander of Tennessee, the No. 3 Senate Republican, said Republicans would have to be more flexible on revenues if the nation's fiscal woes were to be addressed.
They must be broad enough to work across nations and regions, but flexible enough to allow for local variance.
The logistic process is sufficiently flexible to depict urbanization unfolding across nations at very different stages of economic development.
Suri's own recommendations range from the sensible if obvious (be flexible and adaptable) to the banal ("Nation-building is all about people").
