Second, some financial vulnerabilities are embedded in the economy. Unless they are defused in time, financial shocks may derail the economy from its normal growth path.

International drug trafficking and related effects on financial flows, economy and society

5. The economy remains based on tourism and the provision of financial services.

Pursuant to financial regulation 10.1 (a), the Registrar should establish detailed financial rules and procedures in order to ensure effective financial administration and the exercise of economy.

To guide the economy safely through a period of severe financial upheavals in the region

Run down the financial reserves and wealth that were accumulated when the economy was doing better.

19. Financial outflows from a country may reflect a loss of confidence in the local economy.

The building of a new economy that is viable in the global economy implies, first, the provision of financial and economic intensive care for the collapsed State.

In the application of the Financial Regulations and Rules, officials shall be guided by the principles of effective financial management and the exercise of economy.

The Government had undertaken major reforms of financial and economic legislation in order to improve the competitiveness of the national economy and integrate it into the global economy.

We remain an active Member of this Organization despite the resultant financial burden on our small economy.

We also commend the European Union and other financial institutions for their financial support, which will enable Kosovo to become a fully functioning economy and a democracy.

By 2002, the financial sector accounted for a 62 per cent share, a reflection of Singapore's competitive role as an international financial centre in the global economy.

financial resources keep flowing to Africa and the developing world so they continue integrating into the global economy

That agreement would allow the Fund to strengthen its financial base relative to the size of the world economy.

Lack of private sector growth and diversification of the economy, as well as a weak financial sector, are additional challenges.

In 1995, the Agency had taken a number of new economy measures with a view to reducing the financial deficit.

In the context of its highly open economy, Chile adopted a combination of financial and quantitative controls on external flows.

The 2000 census statistics have confirmed Bermuda's transition from a two pillar economy based on tourism and international business to an economy based on offshore financial services with a tourism industry as a support.

Use the price mechanism to accelerate adjustments throughout the economy, as well as in trade and financial interactions with other countries.

Within a short period of flexible administration of Georgia's economy he managed to expand his country's relations with international financial institutions.

The provision of international financial services is one of the two pillars (along with tourism) of the British Virgin Islands economy.

47. The fluctuations in financial markets, caused by speculative short term capital flows, threatened the healthy development of the world economy.

Tsuyoshi Hachimura, the Chief Financial Officer of Itochu, said that the trade dispute might have greater impact on Chinese economy next year.

Financial and other macroeconomic restructuring initiatives therefore need to go hand in hand with measures to protect the economy from future shocks.

Even in countries with the most sophisticated financial systems, there is a certain level of cash based economy to meet certain needs.

Technological progress, trade liberalization, financial deregulation and the spread of market economies had generated friction between the international economy and national economies.

Thus the need for vigorous attention to developing the regulatory and institutional framework governing the economy and the mobilization of financial resources.

Second, China and Russia have financial systems that lack transparency, while Brazil and India are financially underdeveloped, putting further integration in the world economy at risk and increasing prospects for a financial crisis.

There were nevertheless serious inadequacies in regulation and supervision of the financial system that, as in Thailand and the Republic of Korea, transmitted the financial crisis into a crisis in the real economy.

(d) Financial support for the budget of the Palestinian National Authority and support for the tenacity of the Palestinian people and its economy

Financial support for the budget of the Palestinian National Authority and support for the tenacity of the Palestinian people and its national economy

1. The current financial crisis afflicting the world economy has systemic elements and the countries affected cannot deal with the problem in isolation.

The economy of Gibraltar is largely dependent on tourism and the provision of financial services, such as banking, insurance, shipping and portfolio management.

The need to not recreate the backward, non viable primary economy and to create a new competitive economy should also guide the institutions of the international financial system, which up to the present have focused more on economic adjustment than on modernizing economies that are dysfunctional within today's competitive global economy.

Though QE might work in a debtor economy with a flexible financial system like the US, it could backfire in a creditor economy with a conservative financial system. This, rather than the fear that the ECB might end up buying the bonds of untrustworthy governments, is the real argument against QE in the eurozone.

NEW YORK A vicious circle is currently underway in the United States, and its reach could broaden to the global economy. America s financial crisis has triggered a severe credit crunch that is making the US recession worse, while the deepening recession is leading to larger losses in financial markets thus undermining the wider economy.

Financial institutions must remove such barriers to fair and easy access to capital and financial services. For Africa to reach the growth rates needed to meet the United Nation s Millennium Development Goals, women must be brought fully into the formal economy and the financial sector.

Eight years ago, East Asia was battered by a financial crisis, which in turn had transregional repercussions threatening the health of the global economy.

Reviewing the ongoing restructuring of his country apos s economy, he appealed for support from the international community and financial institutions in that endeavour.

14. Governments should not overreact and turn to isolation or autarchy, but should maintain an open economy, focus on what they can do to strengthen institutions and structures, and cooperate to stimulate the world economy and stabilize financial markets.

PALO ALTO With the global economy mired in recession and financial crisis, policymakers everywhere have launched a series of monetary, financial, and fiscal responses. Nevertheless, economies continue to contract, unemployment to rise, and wealth to decline.

In many developing countries where formal financial sectors are not fully developed, the cash based economy is the most common and credible financial system and to regulate it by any means is not an easy task.

Thus, with the effect of such vicious cycle one after another, the U.S. economy gradually collapsed and eventually triggered the U.S. financial crisis in 2008.

That experience also demonstrates that the social harm resulting from economic and financial crimes depends on the structure of the country's economy and its institutions.