The Politics of Moral Hazard

The utilisation of the subterranean depth of the owned land or the land at person's disposal for private purposes is free of charge.

Both sides need political leaders willing to take real risks for peace, including the risk of being killed. After all, ordinary soldiers take this risk, so why should political leaders who can do much greater good or ill be immune to it?

At the same time, however, commercial banks insist on minimizing their exposure to completion, commercial, political or other project risks.

Considerable credit risks hamper trade finance and financial risk management in countries with high sovereign risks, an issue closely related to a country s economic development and economic policies.

But the Israeli Government and its leaders, at no small political and, sadly, personal risk, are determined to follow through on their commitment to implement that important and bold initiative.

I know that many of the government reforms I speak of require courage and political risk.

Therefore, arrest operations must be carried out, which are considered by the various authorities as risky both politically and operationally.

Should such risk exist it would, in view of the complainant's purely local political role, be of a local character and he could therefore secure his safety by moving within the country.

It requires political theory, not econometrics. Forecasting models, based on normal distributions of risk over short slices of recent time, are notoriously incapable of capturing the real amount of risk in a political system.

Stronger regional governance structures may be the only effective means of reducing exogenous geopolitical risk.

The comparator s citizens were at political risk because of their association with programmes that were unique to the comparator.

The political risks for Governments that continued to ignore or violate human rights had become more visible and less easy to ignore.

The Government as Venture Capitalist

The political reasons for including the renminbi in the SDR are all too clear. Unfortunately, the risks of doing so are no less obvious.

NEW YORK The world s economic, financial, and geopolitical risks are shifting. Some risks now have a lower probability even if they are not fully extinguished.

(1) Training Workshop on Community Based Disaster Risk Management

16. As a result, no standardized policy in risk retention and management had been developed across the Organization.

China s Political Storm

While there is a risk of market failure, it needs to be weighed against the risk of government failure.

Based on a scientific analysis of poverty risks and the government's scope for influencing these risks, the NAP 2003 focuses on specific risk groups.

The subterranean depth may be utilised by the landowner, by a person who has received the land in permanent use, by a natural or legal persons, including foreign individuals and legal entities, which have concluded agreement with the landowner.

The key to mortgage regulation is the concept of risk weight, a measure that increases with the probability that a borrower will default. For example, a loan to AAA rated Microsoft has a 0 risk weight, meaning that it is virtually risk free.

The position of risk manager, according to one generic job description provided by industry sources, includes responsibility for supervising corporate policy in risk retention and management, fire protection, security and personnel safety.

The Perilous Politics of the Euro

Independence for a small state outside of a political and economic group like the EU would be risky nowadays. Within the EU, however, the barriers between states and thus the economic and political risks of independence are lower.

For some categories of risks, such as political risks, the project may require guarantees provided by international financial institutions, such as the World Bank or the International Financial Corporation, or by export credit agencies.

While geopolitical risks can be daunting, some other explanation is needed for the failure of existing resources to account for the risk factors and the institutions developing on that basis.

Their actions typically fall into the risk mitigation or loss severity reduction phases of the risk management process.

The proposed topic for the opening section of chapter VII relates to financial measures that may be taken by the host Government for the purpose of reducing the commercial, financial, political or other risks faced by the project company and the lenders.

Unfortunately, those countries in which diversification is the most risky also tend to have the weakest institutional framework for managing risks, while instability in their government policies may add risks rather than mitigating them.

In short, an overwhelming majority of Americans are insured, with government a major financer of health care. But there remain about 54 million individuals who are not formally insured, and some insured individuals still face the risk of financially ruinous medical costs if they have very expensive medical treatment.

Managing Risk to Save the Poor

The FSOC can figure out where the risks are lurking, but will it be allowed to do its job? If not, when the next crisis comes, those who opposed the FSOC s proper functioning will bear the lion s share of the responsibility.

The Paranoid Style in Russian Politics

But the two step scenario involves incremental risks to the US economy, and to its standing in the global system. And the longer America s politicians take to resolve the debt ceiling issue, the greater the risk of an inadvertent accident.

The legal obstacle is not merely an inconvenience it also represents a valid economic concern about the moral hazard that ECB bailouts present for members fiscal policies in the long term. That moral hazard a subsidy for fiscal irresponsibility was among the origins of the Greek crisis in the first place.

risk of fatalities to exposed populations

The participation of international financial institutions or export credit agencies may facilitate the project sponsors task of raising funds in the international financial market by providing commercial banks with protection against a variety of political risks, including, inter alia, the failure of the host Government to make agreed payments, to make available sufficient foreign exchange or to grant necessary regulatory approvals.

The chief will be responsible for risk control of the Fund's investments as a whole in terms of portfolio risk, operational risk and compliance risk, and will plan and perform the oversight of performance measurement, investment risk analysis and operational risk analysis, including risk arising from sub adviser and service provider relationships.

Israel s Dangerous Political System

(1) Strengthening the Regional Capacity for Disasters Reduction through the Integration of Risk Management Approach

The other road is a lot less attractive. With insufficient endogenous healing and no economic escape velocity, the effectiveness of central banks policies wanes and political dysfunction increases, leading to financial losses, volatility spikes, and huge risk management challenges.

In order to reduce disaster risks, countries and communities must first identify risk factors, decide what level of risk is acceptable, and then take steps to reduce risks or transfer them away from affected areas.

Previous reports of the Secretary General (A 59 228, A 58 277) have outlined regional political commitments made towards disaster risk reduction.