Helps liquidity, manages risk, encourages efficiency and the flow of global trade.
In pursuit of new growth, governments risk encouraging overinvestment in areas that prove to be technological dead ends.
They boast poor motor and cognitive regulation, leading to misjudgment of risk, encouraging accidents, crime, drug-taking and violence.
"If the E.U. doesn't take defensive measures when they are justified," he added, "we will risk encouraging a backlash against China's trade growth.
This problem cropped up in Thailand, where a fixed exchange rate appeared to eliminate exchange-rate risk, encouraging a lending boom.
Asset freezes and travel bans, they argue, would likely have little effect, and risk encouraging those with the means and motivations to undermine the country's fragile transition.
The commission must insist that the stability pact is still going, because to acknowledge its death would risk encouraging a real fiscal free-for-all.
It seems likely that in order to group people onto an artificially created territory one would either have to make it utopian to be attractive or risk encouraging other states to coerce refugees to go there.
Just letting a dog pass through a door before you or stand on the stairs above you is to risk encouraging it to believe that it is getting the upper hand over you and the rest of the household.
"The UK has a pivotal role to play in ensuring global security, and if we fail to defend our allies as well as ourselves, we risk encouraging adventurism and instability elsewhere in the world".
