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"Nigeria is reputed to be good on policy formulation; good on discussing ideas; good on making recommendations; good on spending resources on printing policy documents; but very poor at implementing good ideas and policies.
Let us then assume that country A departs on a currency printing policy that mimics that of the United States.
And so, our money printing policy is in a Red Queen's race where, "It takes all the running you can do to keep in the same place.
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I just know Ryanair will have a small-print policy about seaweed in hand baggage.
The program officers highlighted the challenge of limited funds to support enough policy-related activities such as consultative meetings, consultants' fees, technical working group meetings, massive printing of policy copies and policy dissemination, as well as monitoring and evaluation of policy implementation processes.
Hence, the main public policies are shaped largely by international institutions and development agencies: as a result, they are very similar from country to country, the transfer of 'one-size-fits-all' and 'blue-print' policies becoming ever more common at the expense of their fitness for complex local realities [ 54, 55].
For though the Bank of England will pay for the purchases by crediting the accounts of commercial banks, it is creating money just as surely as if it were printing notes.The policy may jangle inflationary nerves but it is in fact designed to combat deflation, the new bogeyman.
The editors of our major, failing newspapers, seem perfectly comfortable with printing foreign policy advice from men, who would be arrested in other countries for war crimes.
The Fed's "accommodative" printing press policy, called Quantitative Easing 1, 2 and 3, is mostly a hoax with little to taper (the gentle word for gradually reducing).
But in China, Mr Green says, what counts is the "fine print" of policy.
The fine print of policy is superfluous if there's a quick-draw decider in the White House.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com