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Arguably the most important development in the crisis — an easing of borrowing costs — was largely the result of pledges made last summer by the European Central Bank to do whatever it took to save the single currency.
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What has changed as a result of this pledge?
This initiative is the result of a pledge made during the 2015 general election campaign in which the debate over migration was a key theme.
The chairman of the Joint Chiefs of Staff, Gen. Martin E. Dempsey, spoke by telephone last Wednesday with General Fan, the result of a pledge last month that they would talk on a more regular basis.
"As a result of that pledge to allow Genentech to remain independent, not a single scientist has left the organization because of the merger," says Tessier-Lavigne.
Although Huntsman's plan is somewhat lighter on the too-big-to-fail crowd, it would also be able to enlist a set of lobbying allies that Brown and Kaufmann did not, as a result of its pledge to lower taxes on other companies.
One result of the tax pledges is that local companies are already finding it hard to recruit top overseas talent.
Yet that would surely be the result of the BNP pledge of "welcoming Eire as well as Ulster as equal partners in a federation of the nations of the British Isles".
In 2005 the focus on Africa led to massive progress: 5.4 million people started HIV treatment as a result of the brave pledge to get as close as possible to universal access to HIV prevention, treatment care and support.
The outpouring of sympathy after the tsunami resulted in pledges of over $13 billion in international aid of one sort or another.
And he says that there will now have to be additional austerity as a result of the chancellor's pledge to balance the budget by the end of the next parliament without raising taxes.
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