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"Multilateral problems should have a multilateral solution," he said.
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Scapegoating may be good politics, but proposing a bilateral fix for a multilateral problem is just bad economics.
In essence, Mr. Aquino said, "Our position has always been that a multilateral problem does not lend itself to a solution on a bilateral basis".
The problem is thereafter formulated as a multilateral problem.
The wedge between control (power) and ownership (cash flow right) can create multilateral agency problems between family members and other shareholders, such as tunneling resources out of the firm for the private benefit of family while sacrificing other investors.
Far removed from country and family, exposed to alien therapies, multilateral communication problems and often palpable racism (which itself has many roots) they often have a miserable existence, and sometimes decide against RRT, or to discontinue RRT [ 42, 43].
Contrary to accepted wisdom, America does not have a bilateral trade problem with China — it has a multilateral trade problem with a broad cross-section of countries.
Given the American eagerness to promote multilateralism earlier in the century, it was ironic that, whereas European and most Asian countries were convinced of the utility of multilateral approaches to problem solving, the United States seemed increasingly disinclined to pursue them.
A multilateral approach to problem solving offers all of us the best hope for a better world" [ 29].
In this case, multilateral intervention also poses problems.
"They are highly skeptical of multilateral efforts to solve problems, particularly where those efforts could potentially constrain our freedom of action in the future".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com