While these two factors should help avoid a domestic crisis, they both point to the exhaustion of a five year growth cycle that's had credit and labor markets as the most important mechanisms to disseminate internally the international effects of the Asian-caused commodities boom". The commodities boom has helped Brazil in numerous ways.
Recognition is a process whereby certain facts are accepted and endowed with a certain legal status, such as statehood, sovereignty over newly acquired territory, or the international effects of the grant of nationality.
As the world's second-largest economy, Japan must take into account the international effects of its own policies.
It is the international effects of China's "perfect storm" that is keeping policy makers and investors in New York, Frankfurt, London, Tokyo and Washington up at night---big time.
The domestic, regional and international effects of such change cannot be overestimated.
A report prepared for the US-China Economic and Security Review Commission from March 2012 is careful in outlining consequences of cyber war with China: "The majority of the clearance and settlement infrastructure has become concentrated in the U.S. over the past three decades, potentially magnifying the international effects of an attack against U.S.-based financial systems".
The 194 states parties made a commitment to develop core capacities to detect, assess, report, and respond to any public health event that might have international effects, regardless of type or origin of the event.
"Unconventional Monetary Policy Had Large International Effects," Journal of Banking and Finance, vol. 52 (March), pp. 101-11.
According to Muriel Ilungwa, an aid worker for Plan International, the effect of restoring rations was almost instant.
