For the most part, France's filmmakers get old while they're still young, normalized and formatted by a rigid system of financing and production, which is embodied in the hurdle-hopping that Simon shows prospective film students enduring at France's most prestigious film school, La Fémis.
State educators are upset that federal officials have made rigid demands and yet finance such a small share of public education (8percentt in North Carolina compared with 70percentt by the state).
The bank could also be considered a failure if it simply replicates the characteristics of the major development finance institutions, with rigid lending conditions and donor directed decision-making instead of being based on the needs of recipient governments.
Living in California, I have had the sad opportunity of watching as a minority of Republicans in this deep blue state have been able to put a stranglehold on the state's finances by a rigid adherence to the Grover Norquist anti-tax pledge, thanks to a required supermajority for tax measures.
We Americans often see Europe as being a place not exactly friendly to business, with a rigid labor market and difficulties in financing companies.
Regulators generally require utility ratepayer-funded programs to meet rigid cost-effectiveness tests, and traditional financing programs target the greatest return on investment.
Runaway inflation is usually the result of fiscal excess, financed by printing money, or rigid labour markets, which produce a wage-price spiral that the central bank fails to stop.
The standards are even more rigid when a pharmaceutical company provides the grant financing.
"The entire financing industry in India is based on very traditional, rigid processes," says Rishyasringa.
Modigliani's model represented the economy as a system with general equilibrium across the interconnected markets for labor, finance, and goods, and it explained unemployment with rigid nominal wages.
