As far back as 1984, IEA member countries understood that a disruption of a much smaller scale than 7% could cause significant economic damage, and thus they adopted more flexible response measures.

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First, its flexible design measures the impact on a wearer's head, as opposed to the impact on a helmet, which -- according to Kacyvenski -- means that the data it provides is more relevant and accurate than competing systems.

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Other measures include family-friendly benefits like flexible work, adoption assistance and domestic partner benefits.

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An increase in GP specialist registrar places, additional training opportunities in rural and deprived practice areas, and more flexible working for those with families were also suggested measures.

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AES, an American power generator and distributor, thinks the new measures show the government's determination to be flexible if necessary.

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Anti-dumping measures are not only legal, they are also very flexible.

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So politicians should eschew policies that reduce the long-term growth rate, such as protectionism or higher taxes, and focus instead on measures that boost the growth potential, such as more flexible labour markets and other productivity-enhancing reforms.

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"First, we urge the government to implement supply-side reforms - particularly reform of the tax system, measures to encourage private sector investment in infrastructure and introducing more flexible employment laws to facilitate businesses' ability to react swiftly to volatile conditions, " he said.

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