The next round of scandals will raise the ante even further unless tangible commitments to reputation management counter the perceived need for accelerated government oversight.

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The Global Partnership for Oceans will assist with implementation by supporting countries in meeting commitments for improved ocean management.

UNESCO: World Water Assessment Programme (WWAP)

And, as everybody in Washington knows, so long as BP meets its commitments, government attempts to meddle in the firm's management, much less seize its assets, will be rejected by the courts.

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There is, of course, still a good deal of work to be done to engage all the stakeholders from central government to the rural villages, to design robust biodiversity management systems, and to build the capacities and commitments to ensure that these systems are implemented.

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The WEF principles requite signatories to recognise the importance of cooperation, develop risk management programmes and encourage partners and suppliers to adopt the same commitments.

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The weaknesses of neo-classical free market economics have been exposed by the credit super-cycle, whilst the likelihood of a return to Keynesian management is remote (not least because of existing burdens of debt and welfare commitments).

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