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The Fragility of a Flat World

On the overall question of resources, we share the Secretary General's concern over the fragility of the financial situation of the United Nations.

104. The 1997 crises revealed and, in some cases, exacerbated the extreme fragility of the financial sector in many economies in the region.

In 1907, a major financial crisis emanating from the United States affected the rest of the world and demonstrated the fragility of the entire international financial system. The response to the current financial crisis is replaying a similar dynamic.

11. Asian demand has also been adversely affected by financial factors, especially the lack of ready trade credit because of the fragility of the regions banking systems.

At the same time, the Board stressed the continued fragility of the financial situation of INSTRAW and expressed concern regarding the financing of the workplan and operational budget for 2006.

The second Achilles' heel is complexity a growing fragility, a growing brittleness.

Their fragility is very clear in the areas of law enforcement and administration.

As we ponder the second choice, between stability and fragility, we must consider how we can make our increasingly interconnected world a safer place. Financial integration has risen tenfold since World War II.

It was therefore particularly concerned at the fragility of the Organization's financial situation, delays in reimbursement to troop contributing countries and the practice of cross borrowing from peacekeeping funds to finance regular budget shortfalls.

However, we are seeing on the ground indicators of the fragility of the current situation.

They underlined the fragility of the Lebanese polity and its limited ability to sustain pressure.

The fragility and inadequacy of United Nations development resources are, therefore, a matter of concern.

As a result, globalization s tendency to produce macroeconomic imbalances and financial fragility, its adverse impact on equality and social peace in many countries, and its weak political legitimacy will continue to generate tension and periodic crises.

Wolf then announced his fear that the combination of the fragility of the financial system with the huge rewards it generates for insiders will destroy something even more important the political legitimacy of the market economy itself...

450. Note is taken of the fragility of the State party apos s process of democratization.

The increasing fragility of the range, overgrazing, lack of investment and inappropriate herding practices illustrate growing constraints.

Those factors are well known the internal nature of today's conflicts and the increasing fragility of international law.

In view of the continuing fragility of the tribunals' finances, he urges other Member States to follow their example.

The idea that hyper low interest rates are merely symptoms of deficient demand or financial repression is dangerously simplistic. Surely heightened public concern about the risk of future economic catastrophe in the wake of the financial crisis is still playing an important role, reinforced by lingering fragility in the eurozone and rising instability in emerging markets.

He noted the continuing insecurity, the political and military volatility, mounting ethnic intolerance and the fragility of the transition process.

However, the Government is aware of the fragility of that issue and intends to manage it the most rational way.

Long marginalized in world decision making, our countries of the South continue to suffer the consequences of our economic fragility.

So, how can we translate our commitments and priorities into better lives for people who are affected by conflict and fragility?

A strike by police agents dissatisfied with the extension of their daily duty period underlined the potential fragility of the institution.

The presidential electoral campaign in the United States has highlighted the frailty of the support for open trade in the world s most powerful nation. The sub prime mortgage crisis has shown how lack of international coordination and regulation can exacerbate the inherent fragility of financial markets.

So, illusions are often used, especially in art, in the words of a more contemporary artist, to demonstrate the fragility of our senses.

And I asked myself, in a way, looking back, When did that kind of awareness of the planet and its fragility first appear?

The fragility of America s banks had been known for a long time at least since the bankruptcy of Bear Stearns the previous March. Yet, given the lack of transparency (owing in part to weak regulation), both markets and policymakers did not fully appreciate the linkages among financial institutions.

Recognizing the link between political stability and economic and social development in Guinea Bissau, as well as the persistent fragility of its democratic institutions,

Recognizing the link between political stability and economic and social development in the country as well as the persistent fragility of its democratic institutions,

A number of factors, including climate change and poverty, had increased the risk of natural disasters and the fragility of the countries facing them.

The policy of ultra low interest rates was justified in the aftermath of the bursting of Japan s asset price bubble, but Japan stabilized its economy long ago. At this stage, the policy has become a contributor to global financial fragility, and it may be retarding Japan s own prosperity by contributing to consumer anxieties.

Many people credit a lot of the birth of the environmental movement to our seeing the planet like this for the first time its smallness, its fragility.

However, this rendezvous with history seems to have been missed when one examines at the current situation on the ground and the fragility of the peace process.

There is a trade off between competition and stability. Indeed, greater competitive pressure may increase the fragility of banks balance sheets and make investors more prone to panics.

4. The protracted crisis has taken a toll on the stability of the political institutions that underpin the democratic process and has exacerbated the fragility of State structures.

20. The evaluations point to a sense of instability and fragility permeating much of the public sector, which was often no longer the principal deliverer of social services.

Now, we, as extremely complex creatures, desperately need to know this story of how the universe creates complexity despite the second law, and why complexity means vulnerability and fragility.

The 25 February suicide bombing in Tel Aviv, which left five Israelis dead and which injured more than 50, was a tragic reminder of the fragility of the process.

In our view, recent developments are a further indication of the extreme fragility of the situation in the Middle East, in particular in relation to the Israeli Palestinian track.

It is clear that, regardless of the things that separate us, there exists a deep sense of our shared humanity and fragility in the face of such terrible events.

There may have been more savings opportunities for households and more diverse funding sources for firms, but the added value of asset management activity was illusory. Much of it involved costly churning of portfolios, while increased leverage implied fragility for the financial system as a whole and imposed severe social costs as over exposed households subsequently went bankrupt.

As a result of this chronically rapid growth in broad money, China s M2 GDP ratio has surpassed 180 , the highest in the world. Though the full implications of this uniquely high ratio for macroeconomic stability need further investigation, it certainly implies financial fragility and a weakening of the PBOC s ability to control overall liquidity in the economy.