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Mr Hawksworth envisages a structural shortfall in the public finances of around £10 billion by 2006.
Rather, they are the result of a structural shortfall in the absorptive capacity of Indias economy, said Kristin Lindow, vice president at New York-based Moodys.
In Arizona, this sort of structural shortfall now adds up to a cool $2.1 billion -- a chilling 21percentt of stable general fund expenditures.
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Recessions may be amenable to monetary and fiscal policy, but structural shortfalls are a function of demographics, resource constraints and technological limits.
But he said the prospect of a market-wide oversupply looked remote, given a large structural deficit had accumulated over the past decade, with a shortfall of about 220,000 dwellings.
"In addition, early indications of [fiscal year 2003] state budget shortfalls, as well as the board's own structural deficit, create a financial risk of up to an additional $200 million.
Two years ago, lawmakers came to Austin to write a budget that had the same problems — a "structural deficit" (the gap between what lawmakers promised to raise in a 2006 tax bill and what they agreed to spend on public schools at the same time), a shortfall, a recession — that are featured in this year's edition.
R osetta remedies the shortfall in structural information by predicting high-probability structures for a given amino acid sequence.
The root cause of the current shortfall is structural rather than cyclical.
The IMF estimates that for every 1% growth shortfall now, structural unemployment – the unemployment that won't go away when the economy recovers – increases by about 40,000 people.
"So thanks to John McDonnell, Labour's shadow chancellor, we can guarantee that a future Labour government will make up any shortfall in structural funding into the 2020s and beyond.
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