第一个问题涉及到所谓的“顺周期循环”。
这些顺周期性的政策是按照平衡预算的要求而实施的。
Too many of them reflect the damaging effect of pro-cyclical budget cutting due to balanced-budget rules in cash-strapped states.
热钱素有不稳定的恶名，名声更差的是其顺周期性。
Hot money is notoriously unstable and even more notoriously procyclical.
财政政策不再是顺周期的，这已足以说是个胜利了。
It is enough of a victory that fiscal policy is no longer pro-cyclical.
换句话说，如果“顺周期波动”是个问题，它也是别人的问题。
In other words, if procyclicality is a problem, it is someone else's.
他认为，企业收购往往是顺周期性的、并且依赖于股市的强势。
He argued that acquisitions tended to be pro-cyclical and relied on the strength of the equity market.
但解决办法并不是在西班牙或欧元区其它国家强行实施顺周期财政政策。
But they will not be resolved by imposing pro-cyclical policies on Spain or any other Eurozone country.
顺周期性是风险基础资本体制(如当前的《巴塞尔协议II》)最大的缺陷。
The biggest flaw of risk-based capital regimes such as the current Basel II, is that they are pro-cyclical.
结果发现，我国全要素生产率总体上是递增的，但波动剧烈且呈现顺周期的特征。
It is found that TFP growth rate increases by degrees generally but fluctuates markedly and shows the procyclical characteristic.
本文分析了银行体系非核心债务和短期债务的顺周期性以及二者与系统性风险之间的关系。
This paper analyses the pro-cyclicality of non-core liabilities and short-term liabilities of the banking and the connection between both liabilities and systemic risk.
过度的以及过分顺周期的杠杆行为无疑是危险的，不过这是由新的金融工具与放松监管造成的吗？
Excessive and excessively pro-cyclical leverage is clearly dangerous, but was it caused by the new financial instruments and deregulation?
我国的信贷供给存在明显的顺周期性，在产出高速增长时，对应的信贷供给也具有较高的增长速度。
Credit supply increases at a quick pace when output increases rapidly. And during different phase of business cycle, the response of output to credit shock has asymmetry.
纵然可以把顺周期循环的问题留给银行监管者，会计准则的制定者们依旧有很多值得耗费精力的事情。
Even if they leave procyclicality to bank regulators, standard-setters still have a lot on their plates.
不过对于那些拥有英美式金融体系的国家来说，这种下滑会更加严重，因为他们的信贷行为更加具有顺周期的性质。
But such downturns are more severe in countries with the Anglo-Saxon sort of financial system, because their lending is more procyclical.
光顺是汽车开发的关键步骤之一，对汽车车身质量和开发周期有着重大的影响。
Surface treatment is one of the key steps in automotive development, and has great influence on body quality and development cycle.
目的研究腹腔注射小剂量顺铂对小鼠S180实体瘤3 2 磷玻璃微球间质注射内放射治疗的增敏作用及治疗对瘤细胞分裂周期的影响。
Objective To study the combination effect of low dose cisplatin and 32P-GMS on treating experimental mice solid tumor S180 and to observe apoptosis of the tumor cells.
第3集：水手：水手庆祝到达波士顿城市的舰队周期间，但它不是一帆风顺的时候，一个年轻女孩的尸体被发现。
3: sailor Man: Arriving sailors celebrate in Boston during the citys Fleet Week, yet it isn t smooth sailing when the body of a young girl is found.
第3集：水手：水手庆祝到达波士顿城市的舰队周期间，但它不是一帆风顺的时候，一个年轻女孩的尸体被发现。
3: sailor Man: Arriving sailors celebrate in Boston during the citys Fleet Week, yet it isn t smooth sailing when the body of a young girl is found.
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