The predictability and rule-based nature of a currency board are two of its biggest advantages.
The first, the explicit system, is rule-based, can be expressed verbally, and is tied to conscious awareness.
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The fundamental changes taking place in government policies are aimed at a truly transparent and rule-based system of regulation.
Second, the impersonal, rule-based nature of the discount-granting process is more pleasant for both the customer and the store clerk.
More generally, the rich world is not offering developing countries a model of how to implement a rule-based international trading system.
The Federal Reserve was obliging rule-based behavior that probably included making the price of gold a primary determinant in monetary policy.
These economists advocate a rule-based canned goods policy in which the Fred imports the same number of cans of food each week.
Computers, which can cope with simple rule-based jobs, find it far harder to diagnose a sick patient or design a new aircraft.
We must also work to protect and develop the tremendous potential of critical areas such as the high seas, space, and cyberspace, ensuring their use is responsible and rule-based.
Stabilizing the dollar-euro exchange rate can only be achieved within a rule-based monetary regime, not by relying on "independent" central banks and finance ministers to coordinate monetary policy to do it.
The commenters claim, however, that in reality the heavily rule-based structure has entrenched Wikipedia in bureaucracy that makes it difficult for any user to break through as an editor or administrator.
In many ways, religion itself is an exception to the rule that chapter-based voluntary associations are in decline.
Its foundation is a healthy respect for property rights and a constitutional-based rule of law.
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Messrs Dimson, Marsh and Staunton then tested this finding in a different way, using a share-trading rule based explicitly on economic growth.
Or they could forge a middle ground, and establish a rule that if win-based incentives exceed a certain percentage of the total bonus package, the school is subject to various sanctions already imposed by the NCAA, including but not limited to loss of scholarships or bowl games participation.
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Yet the U.S.--or any other nation based on the rule of law--cannot condone illegality just because it brings about tangible economic benefits.
While particle-physics colliders and space-based observatories could rule out some of the more exotic versions of each, no one has been able to suggest a way to decide between them in general.
For much of this year, the commission's reason for blocking the iPhone was that its built-in mapping capabilities violate a South Korean rule requiring the use of domestic technology for location-based services in cellphones.
In a world where your primary output is words, it is easy to imagine a smoothly operating process based on really smart rule-making.
Currently six of the 10 largest corporate givers in America explicitly rule out or restrict donations to faith- based groups regardless of their effectiveness.
Obama proposed another compromise on the rule in February to mixed response from faith-based groups.
The other would change the six-month rule to a more flexible standard based on the patient's condition.
"The time has come to rescind the direct combat exclusion rule for women and eliminate all unnecessary gender-based barriers to service, " Gen.
Today, this rule-of-thumb is called an age-based asset allocation model.
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Haphazardly constructed over 40 years, it was based on 1960s, slide-rule era science that the Army Corps of Engineers never bothered to update, even as sophisticated computer models became the norm in engineering circles.
Earth-based observations might not be sufficient to rule out an impact in 2036.
Swiss-based Sauber are perhaps an exception to the rule this year, unveiling a car with a new silver livery and noticeably slimmer sidepods.
The U.S. government shares with many Iraqis the hope that their country will enjoy the rule of law and other institutions of democracy under a broad-based government that represents the various parts of Iraqi society.
This winter Ace's U.S.-based competitors raised a stink about a tax rule that enables a corporate parent in Bermuda to import premiums free of corporate income tax by reinsuring some policies sold by its American subsidiary.
He said the so-called Taylor Rule, a method of predicting interest rates based on inflation, points to a sizable 0.75% increase in the Fed Funds rate if the rate of inflation he expects to see indeed shows up.
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