Argentina's problems stem from the peso's rigid link to the dollar, which has eroded competitiveness and forced up interest rates on its massive debts.
Even in 1999, Brazil's devaluation of its currency, the real, revealed the vulnerability of currency policy in neighboring Argentina, where a rigid link to the United States dollar exacerbated the already pressing economic stagnation.
In effect, argues Thomas Mayer, an adviser to Deutsche Bank, Greece could create its own parallel and depreciated currency while still remaining in the monetary union.Something similar happened in Argentina as it struggled to retain its rigid link between the peso and the dollar before the link eventually snapped in early 2002.
The infamous scala mobile, which maintained a rigid link between Italian wages and prices, was scrapped in 1992 after a long struggle.Here today, gone tomorrowThe spread of fixed-term employment contracts in Spain (from the mid-1980s) and Italy (in the mid-1990s) helped make hiring and firing more responsive to the business cycle.
Mechanical operation by means of rigid links is satisfactory for single brakes, but when several brakes are actuated from a single source, as on an automobile, it is difficult to obtain equal braking effectiveness on all wheels; for this reason, hydraulic actuation, with oil under the same pressure acting on all brakes, is preferable.
Rigid link elements extended the models with full interaction composition.
Analytical model I did not consider the compliance of the rigid links, and analytical model II considered the influence of the compliance of the rigid links.
Other points, meanwhile, will define the corners of the steel car body, with rigid links.
Beams and columns are jointed by the rigid link in the panel zone.
This method aims at transforming the external loads from the flexure members to the rigid links.
