To an extent not often appreciated by outsiders, the lessons provided by that experience — with the nation pouring $2 trillion or more into the east, by some estimates, to little immediate benefit — color the outlook and decisions of policy makers and the attitudes of voters, a majority of whom would like to see Greece leave the euro zone, polls show.
And membership of the euro does seem to have protected small, open economies with big banking sectors, such as Belgium, Luxembourg and Ireland, from potential runs on their currency—a lesson that outsiders are not being slow to draw.The euro area has eliminated currency crises within its borders, says Joaquín Almunia, the economics commissioner.
It makes a profit on the stock it bulk-buys from manufacturers and sells at higher prices to its franchisees.Three lessons emerge for outsiders doing business in Nigeria.
Despite his background, many outsiders believed Vyakhirev was absorbing lessons of Western business.
For most Americans, including the man in the White House, the lesson is that outsiders cannot impose order on chaos.
The letters and staff memos he dispensed as general manager of the Met between 1950 and 1972 are not only a delight to read but also a lesson for all outsiders who would manage Americans.
Advice from Vice: six lessons from a publishing outsider i100 and Quartz prove homepages are increasingly irrelevant To get weekly news analysis, job alerts and event notifications direct to your inbox, sign up free for Media Network membership.
Sauna parties aren't the usual way of courting customers over here, but there was a lesson learned about listening to outsiders.
Now China's major state oil companies are being challenged by African governments that have learned decades of hard lessons about heedless resource-grabs by outsiders and are looking anew at the deals they or their predecessors have signed.
When he was younger, Harris's parents forced him to take Chinese lessons, and he felt like an outsider.
