Over the 138-year timeframe Mr Taylor finds crisis preceded by the development of excess credit, as in Ireland and Spain today, are more common than crisis underpinned by excessive government borrowing, like in Greece.
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The European debt crisis has led to cuts in government development aid to poor countries, says a new report by the aid watchdog Data.
The period of extra-rapid development has resulted in many people becoming euphoric but the crisis has sobered up everyone.
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It hadn't been that long since his family had experienced rough financial times after losing their residential development business in the housing crisis.
Development of the G650 survived a crisis in 2011, when one of the jets crashed during a takeoff performance test in New Mexico, killing two Gulfstream pilots and two flight test engineers.
"The Security Council encourages the international community to provide support to resolve the crisis in Mali and the Sahel region based on an integrated strategy for immediate and long term needs, encompassing security, development and humanitarian issues, " the council statement read.
Barring any major flare-up in the European Union debt crisis or some other geopolitical surprise development, look for the precious metals and most other markets to quiet down and see low-volume trading until after the holidays.
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If Eurozone countries have the courage to embrace this great challenge, not only will confidence be restored on security markets, but this crisis will become the occasion for a historical turning point in the development of Europe as political entity.
The entire biopharmaceutical industry is suffering a crisis of poor productivity in research and development, some of which is due to overregulation.
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"We can learn lessons from this economic Crisis, " says Anan Itchayapruks, assistant governor in charge of human resource development at the state-owned Petroleum Authority of Thailand, No. 144 in this year's Asiaweek 1000 ranking of the region's largest companies.
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