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Japan's experience suggests the importance of assessing the sustainability of price stability over a fairly long period, which many central banks have emphasized in recent years. ↗
With weak balance sheets, banks tend to continue lending unprofitable businesses and leave them existing. ↗
There is an inevitable divergence between the world as it is and the world as men perceive it. ↗
#divergence #inevitable #men #perceive #world
Insofar as international law is observed, it provides us with stability and order and with a means of predicting the behavior of those with whom we have reciprocal legal obligations. ↗
Law is the essential foundation of stability and order both within societies and in international relations. ↗
#essential #foundation #international #international relations #law
The production of natural resources in agriculture, forestry and fisheries, stable natural hydrological cycles, fertile soils, a balanced climate and numerous other vital ecosystem services can only be permanently secured through the protection and sustainable use of biological diversity. ↗
Too many countries that do not play by the free trade rules of the World Trade Organization - including, notably mercantilist China and monopolist Saudi Arabia - have been allowed in, to the detriment of both the WTO and the liberal trading environment it is supposed to sponsor. ↗
