It's like tapered to the downside.

So, that's the upside. The circular mill is the downside.

It's the downside correlation of their fortunes that will become more and more possible.

And even a tiny probability of catastrophe is unacceptable when the downside could be of global consequence.

The job, though, came with one small downside. And that is they intended to publish my email address at the end of every column.

So this is what's driving the effect, or mediating the effect.

Substitution effect

To the extent that this is true of other advanced economies, the global economy faces an extended multi year period of low growth, with residual downside risk coming from policy gridlock and mistakes in Europe, the US, and elsewhere. That scenario implies slower growth possibly 1 1.5 percentage points slower in developing countries, including China, again with a preponderance of downside risk.

But that approach, too, might have a downside. Consider Spain, where too much fiscal decentralization to regional governments contributed significantly to weakening otherwise strong public finances.

Cause and effect.

Effect of declaration

The Snowden Effect

The Lucifer Effect

The Obama Effect

The Tsunami Effect

Entry into effect

So far, the downside and upside risks for the world economy are balanced. But if sound government policies in advanced and major emerging economies contain the downside risks that are more prevalent in the first half of this year which derive from political and policy uncertainty a more resilient global economic recovery could take hold in the second half of 2011 and into 2012.

It's absolutely phenomenal. The only downside is that it requires you to know how to text send a text message. Nobody over 40 knows how to do that.

Japanese like stagnation in the developed world is challenging externally dependent Asia to shift its focus to internal demand. Downside pressures currently squeezing China and India underscore that challenge.

That's the Lucifer effect.

Effect of this chapter

And that aggregating effect, that collective action effect, is actually something we can use to our advantage.

But the question is, are they so dangerous these risks of doing something about aging that they outweigh the downside of doing the opposite, namely, leaving aging as it is?

Effect of an arbitration agreement

Effect in domestic territorial units

Huge effect here of Starbucks.

Slide Show Edit Object Effect...

The effect is just electric.

No sign to this effect.

That is a huge effect.

That's called the grandmother effect.

The Environmental Effect of Tsunamis

Can we effect a compromise?

Effect of the preceding articles

Pregnancy does not effect employment.

Private borrowers often have to offer collateral, such as their houses. The collateral limits the lenders downside risk, and the fear of losing the pledged assets encourages borrowers to act prudently.

So clearly there is some effect.

But the effect is relatively small.

Emboss image effect plugin for digiKam

And how do they effect us?

What's the net effect of this?

The law is still in effect.

This medicine has a strong effect.

To that effect, they shall endeavour

An effect happens in the air, it's a corrupting effect of the sound the ultrasound in this case that's emitted, but it's so predictable that you can produce very precise audio out of that effect.