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Allowing for the automatic deterioration in the budget that comes from a slowing economy, the euro area saw no change in its fiscal stance at all, compared with a structural loosening worth 5.5% of GDP in America and 4.5% of GDP in Britain.So why did Europe hold back?
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Since 2003, the government has made serious efforts at structural reform, loosening some of the labour-market restrictions that have made Germany such an unattractive place to create new jobs, and announcing a cut in corporate income tax.
Germany and the Scandinavian countries have gone much further in enacting structural economic reforms — loosening up labor markets without doing away with most social protections.
The bailout correctly gives the European Union the authority to monitor the bailed-out banks and a greater voice in structural reforms, including loosening the tight links between local politicians and local banks.
Prosthesis failures are classified as soft-tissue failures, aseptic loosening, structural failures, infection, and tumor progression [ 1].
Heparanase activity has been traditionally correlated with cell invasion associated with cancer metastasis, a consequence of structural modification that loosens the ECM barrier [19] [21].
Previous studies have shown that enzymatic cleavage of heparin sulfate by heparinase results in disassembly of the extracellular matrix and basement membrane dissolution, inducing structural modifications that loosen the extracellular matrix barrier and enable cell invasion [ 51].
Periprosthetic osteolysis is a 'silent disease' that can progress without symptoms until catastrophic structural failure or mechanical loosening of the implant components occur.
Today levies are going up almost everywhere, and no pro-growth structural changes, such as loosening labor laws, are being pursued.
Both Linklater and the film say that it's OK to not know where you're going in spite of all fervent expectation to know right now, right this second: "What do you mean you don't know?" You could say that Linklater threw the rulebook off the cliff with the camera, and in loosening the structural ties that bind, carved a different path to success.
In late 17th-century painting, composition became increasingly decorative rather than structural, and there was a loosening of design in the individual figures as well.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com