Thus, they should allow easy retrieval of so called ad valorem equivalents (AVEs), also called implicit tariffs or implicit rates of protection.

This was all implicit in the European Union s single market initiative. The eurozone went one step further, aiming through monetary unification to eradicate fully the transaction costs associated with national currencies and exchange rate risk.

So ballroom dancing, implicit versus explicit very important.

And I'll get to implicit versus explicit in a moment.

Reset all implicit color and graphics state parameters to their defaults.

An implicit faith in you and then you respond to it.

This implicit subsidy not only costs each country s taxpayers billions of euros it also distorts competition, because not all implicit subsidies are created equal. Regardless of its fundamentals, a German bank would be considered safer than an Italian one, because the German government s implicit guarantee is much more valuable than the Italian government s.

Then there were implicit commonalities that none of them seemed to be practicing.

Moreover, all those cases concerned reservations that were expressly prohibited and not implicit prohibitions.

However, for small countries in particular, the implicit overheads must be taken into account.

The entire world knows the risk posed by a nuclear Iran a drastically altered balance of power in the Middle East and Central Asia, with Iran able to exert far more regional leverage  both overt and implicit  than it now possesses in pursuit of its interests.

The entire world knows the risk posed by a nuclear Iran a drastically altered balance of power in the Middle East and Central Asia, with Iran able to exert far more regional leverage both overt and implicit than it now possesses in pursuit of its interests.

Mr. Yamamoto (Japan) and Mr. Sandoval (Chile) expressed support for the principle of implicit derogation.

Such inequalities were attributable to differences in income levels and to explicit or implicit policy choices.

And stewardship's implicit in dominion, because you can't be steward of something if you can't dominate it.

Under no circumstances may the treaty or convention comprise implicit conditions that conflict with its explicit conditions.

But because they sense the neighbors and because they sense the object, they have implicit coordination across the group.

In most jurisdictions reviewed, such an obligation is implicit, as amendments to normative acts are not effective until published.

As the concept of implicit derogation would be open to interpretation by courts, it would create considerable legal uncertainty.

The implicit preferred creditor status is based on central bank practices that establish that the lender of last resort is the last in and first out. It is this seniority that enables the IMF to limit the risk of default so that it can lend to countries at reasonable interest rates when nobody else will.

BERKELEY Perhaps the best way to view a financial crisis is to look at it as a collapse in the risk tolerance of investors in private financial markets. Maybe the collapse stems from lousy internal controls in financial firms that, swaddled by implicit government guarantees, lavish their employees with enormous rewards for risky behavior.

According to these delegations, the carrier has an implicit obligation to provide accurate and complete information in a timely manner.

Prime Minister Binyamin Netanyahu has embarked on a campaign to force President Barack Obama to set a red line that Iran must not cross, lest it risk unleashing an American military response. Implicit threats of a unilateral Israeli attack, together with conspicuous meddling in the US presidential election campaign, have compounded Netanyahu s effort to twist Obama s arm.

It was implicit in treaty practice that the provisions of a private law convention did not derogate from mandatory public law.

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.

I can also understand that sort of implicit criticism in this piece, S tog, which I made when I was living in Copenhagen.

It recalls that it is implicit in the Optional Protocol that States parties make available to the Committee all information at their disposal.

Finally, the case studies will analyse the policies adopted by the individual countries that have an explicit or implicit impact on productivity developments.

In other words, an implicit part of the assessment concerns the extent to which the units analysed use the resources available to them.

The danger for central banks stems from the fact that the implicit subsidies provided to major financial institutions are not measured in any budget. Moreover, the build up of risk in the financial system that accompanies higher leverage is both hard to measure and likely to materialize only after a few years (for example, after a governor s term of office has expired).

The good news is that these surveys ( www.frdb.org ) suggest that better informed citizens are more supportive of reforms and official estimates of the implicit pension debt would increase the transparency of the intergenerational redistribution implicit in pay as you go systems. Thus, governments stand to gain stronger political support for reforms that cannot be postponed any longer.

And it's not just stewardship and dominion debate, because really, dominion is implicit in stewardship because how could you dominate something you had killed?

There's another risk, and they respond less to this existing risk.

In contrast to the past, no Israeli border is now secure, especially the long frontier with Egypt. No implicit alliance can be taken for granted.

They have an increased risk of infection, an increased risk of malignancy.

Risk reduction

In their enthusiasm for creating a single market, European leaders did not recognize that governments provide an implicit subsidy to their banking systems. It is confidence that if trouble arises the government will support the banks that gives confidence in the banks and, when some governments are in a much stronger position than others, the implicit subsidy is larger for those countries.

Politically, that debate focuses on the costs of bailouts and on tax schemes designed to get our money back. For economists, the debate focuses on the moral hazard created by ex ante expectations of a bailout, which reduce market discipline on excessive risk taking as well as on the unfair advantage that such implicit guarantees give to large players over their small enough to fail competitors.

This volume of assets allows the Fund to expand its investment frontier and requires it to build up a risk control mechanism, to control comprehensively not only investment risk but also operational risk and technology risk.

Mr. Madrid Parra (Spain) expressed firm support for the text as drafted, which did not limit party autonomy and allowed derogations to be either implicit or explicit.

(10) risk management.

Assessment of risk

Africa at Risk

Sovereign Environmental Risk

States of Risk