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Incipient external imbalances, according to the rules of the game, were supposed to be corrected by governments allowing automatic correcting adjustments within their economies and supplementing them with monetary and fiscal policies.
FORBES: Currency Manipulation
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The new rules would apply immediately to all external sovereign debt.
ECONOMIST: IMF/World Bank meetings
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Another benefit is that large firms are increasingly imposing standardised style and terminology rules across all their internal and external documents, including reports and web pages.
ECONOMIST: Machine translation
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The limited value of structural elements can be seen in many boards that have truly independent external directors, and follow all the official rules and recommendations, but still perform poorly in difficult times.
ECONOMIST: Corporate governance