If a central bank is deft enough, it can avoid deflation by using loans and monetary policy to guarantee the liabilities of run-prone institutions.
FRANKFURT — Two German landesbanks said Monday that they were discussing a merger that would create the country's third-largest bank, a move that could set off a scramble by other public-sector banks to find partners and lead to the long-awaited consolidation of the crisis-prone institutions.
Yet, their innovation potential grows substantially when combining cutting-edge technologies with qualified "human resources" and "suitable", innovation-prone institutions.
All the big banks "must be thinking about their options: it's the last dance," says one regulator.The bank, besides NatWest, that is most in danger from this is another big, flabby, accident-prone institution: Barclays.
It also makes property an unnecessarily accident-prone institution, given the role that bargaining failure plays in producing costly land use conflicts.
The majority of those who cared to follow these tradition-prone and proud institutions -- and there weren't that many outside the rather small circle of monetary economists and policy wonks -- saw them as consisting of highly conventional technocrats who quietly worked behind the scenes using complex technical instruments.
They argue that journalists are often poorly trained, biased and prone to defame institutions and individuals.
And for all that newspapers are prickly institutions, prone alternately to braggadocio and self-doubt, the attendees at the annual publishers' convention in New York last week did exude satisfaction and confidence.
It is historically and globally the case that women are more prone to access institutions traditionally reserved for men during crises, for example the second world war, pan-African independence struggles, Burma, postwar Rwanda, Liberia.
Developing economies are prone to weak institutions, fragile business environments, complex economic and social problems such as poverty, unemployment, low per-capita income and unstable economic growth and development.
In a clear sign of its modern-day currency, the International Monetary Fund — not an institution prone to utopian dreaming — recently explored basic income as a potential salve for economic inequality.
