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Its members have given up economic tools, such as currency devaluation and monetary policy, yet lack "federal" instruments to cope with shocks.
"I am fully convinced that the E.U. and the economic and monetary union have enough instruments to cope with the challenges to solve this problem," he said.
Lecocq and Shalizi (2007) use a partial equilibrium model in which both mitigation and adaptation (which is further divided into proactive and reactive adaptation) are used as policy instruments to cope with climate change in order to maximize a social utility function.
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Government policy is also sometimes too blunt an instrument to cope with the problems of such small communities: because the Clarences is part of a better-off ward, it has received less attention than it deserves.
Thus, policymakers are encouraged to create water banks as an effective instrument to cope with droughts.
Urban planning is a critical instrument to cope with these challenges.
It is, therefore, a flexible instrument to cope with the flexibility and complexity of integrated water management regulations.
The idea is that instead of taking the difference of the regressors to remove the fixed effects and then instrumenting the transformed variable, it is possible to transform (difference) the instruments (to make them exogenous to the fixed effects) and subsequently use this transformed instrument to cope with endogeneity.
The Mental Adjustment to Cancer (MAC) scale is one of the most widely used instruments to measure coping responses in individuals with cancer [ 20].
The development of more complex analytical instruments and the need to cope with larger experimental data sets have demanded for new approaches in data analysis, which have led to advanced methods in experimental design and data processing.
It therefore appears clear that design can be the instrument of knowledge able to cope with both the formal character and the informal one of the city.
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