If market forces cannot do something as simple as financing home mortgages, can markets be trusted to restore and maintain full employment, reduce global imbalances or prevent the destruction of the environment and prepare for a future without fossil fuels? This is the question that policymakers outside America, especially in Asia, are now asking. And the answer, as so often in economics, is “yes and no.”
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If market forces are strong, with competitive pressures to perform at high quality and high efficiency, then most suppliers need very little attention.
如果市场竞争很厉害,所有的供应商会提高质量,提高效果,我们就不需要给太多的注意力了。
His voice is part of a chorus of criticism against mark-to-market accounting, which forces Banks to value assets at the estimated price they would fetch if sold now, rather than at historic cost.
他的发言构成了针对这种盯市原则的批评之声的一部分,后者强制银行按照所估计的销售价格评估其资产的价值,而不是按照历史成本。
"If you think about the forces shaping the global aerospace market, over the next 100 years there's bound to be a more robust Asian aviation industry," Callan says.
卡兰说:“想一想左右全球航天市场的力量就会发现,今后100年亚洲航空业必将更加繁荣。”
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