"However, a few still judged that overall risks were weighted to the downside, citing various factors that included the possibility of weaker-than-expected growth in foreign economies, continued uncertainty associated with Brexit, the proximity of policy interest rates to the effective lower bound, or persistent headwinds to economic growth," according to the minutes.
The delay in the development of the legaltech industry is partly because lawyers present a formidable challenge to change due to their knowledge of the law and proximity to policy makers.
As a result, we intervene ever more deeply in individual markets and now have a problematic proximity to financial policy," Weidmann said, pointing to the ECB's role within the troika – alongside the EU and the IMF – during the Greece debt crisis.
The GNSI survey maps and measures, inter alia, the inter- and intra-relationships (institutional linkages, policy proximity, convergence or divergence and connectedness) of respondents from the four NSI actors as well as barriers to innovation.
The plethora of fighting personnel and lethal equipment such as jets, rockets and missiles in close proximity with differing policy goals could deteriorate into a shooting war.
He said that the proximity of the policy to the election raised questions as to whether Obama was trying to shore up his base in advance of the election, a charge recently made by Romney and shot through with racial overtones.
As part of government (e.g. a unit within the Ministry of Health), a KTP may capitalize upon its proximity to the policy-making process to stoke demand for evidence or to strengthen the capacity of policy makers to access, assess, adapt and apply research evidence; yet its proximity may compromise the neutrality essential to science in general and to KT in particular.
Our results show how planners should sometimes employ increased fragmentation to capture value when people's preferences are not very highly localized, and how optimal policy balances proximity to the ecologically critical site with proximity to people.
Proximity to refining centers policy makers must consider nearness to refining centers.
