While the IMF praised actions taken to head off the euro crisis, it warned the situation in Europe "will likely remain precarious until all policy action needed for a resolution of the crisis has been taken".
Both measures are part of a precarious balancing act that policy makers in Beijing — and in other countries across the region — are now engaged in: The authorities are seeking to slow down the breakneck speed of growth without choking it off entirely.
So our posture in that part of the world is somewhat precarious; and the strategic policy question is how to make it less so".
For all these reasons, a tight wage policy and precarious health care labour conditions, instead of saving resources, may result in their waste by provoking an increment of unnecessary examinations and hospitalizations that could be avoided if a specific agreement to solve the problems were reached.
The Democratic leadership is also considering who will take the lead on the issue of national health care policy given the precarious state of Senator Edward M. Kennedy of Massachusetts, chairman of the health committee, who has brain cancer.
The point is that with the world economy still in a precarious state, beggar-thy-neighbor policies by major players can't be tolerated.
Yet our current economic and social policies make life precarious in just those ways -- for those who are poor and (increasingly) for those who are middle class.
Harvard economist Jeff Miron, a vocal supporter of marijuana policy reform, highlighted the precarious nature of state marijuana laws in a Wednesday op-ed for CNN on why Congress needs to act now on federal marijuana policy.
Harvard economist Jeff Miron, a vocal supporter of marijuana policy reform, highlighted the precarious nature of state marijuana laws in a recent op-ed for CNN on why Congress needs to act now on federal marijuana policy.
