But by common consent, maintaining these surpluses and engineering a soft landing requires policy changes.

ECONOMIST: Argentina

Similarly, the market appears willing to bet China will succeed in engineering a soft landing for its overheated housing market, but it is still too early to say whether it will succeed.

WSJ: 2012: Taking a Look on Bright Side

Last year, the commission was soft in its treatment of Alstom, a huge French engineering group, following French government pressure.

ECONOMIST: Trouble for the market leader