And in globalization we effectively ceded global policy to the bankers.

FORBES: Magazine Article

It was also that, as part of the deal he had done with Gordon Brown over the leadership of the party, Mr Blair had in effect ceded control of domestic policy to the chancellor.

ECONOMIST: Bagehot

It seems the Ministry of Finance has ceded foreign exchange rate policy back to the Central Bank where it belongs. the bank has, for now, won the policy argument that further weakening of the real will be inflationary and lead to a stronger real exchange rate, says Tony Volpon, managing director at Nomura Securities in New York.

FORBES: Stronger Brazil Currency Won't Last Long

But economic and labour-market policy would be co-ordinated, and foreign and defence policy would be ceded to the federation.

ECONOMIST: Nordic countries revisit an old idea: union

He denuded Downing Street of capacity, ceded power to civil servants (who run Mr Cameron's policy unit) and limited the number of special advisers.

ECONOMIST: The Conservatives and Tony Blair: Acts of the apostles | The