本文认为企业集群的结构性风险与周期性风险仅仅是一种外生性风险，而真正威胁企业集群的是网络性风险即内生性风险。
This paper holds that structural risk and periodic risk of enterprise cluster is exogenous risk and the real threat to enterprise cluster is network risk.
在两者中，都需要控制风险和不稳定，特别是因为周期性的剧变可能影响深远。
In both, there is a need to manage risk and uncertainty, especially since the periodic upheavals can be profound.
这就意味着不仅要进一步严格个体机构的资本和流动资金的规定，而且要更广泛地把这些规定和金融系统风险的周期性增长联系在一起。
That means not just increasing capital and liquidity requirements for individual institutions but relating them to the cyclical growth of risk in the system more broadly.
通常可取的做法是，当市场上升时，周期性的出售自己的资产，以便保持资产配置的稳定，以避免过多的风险敞口。
It is generally advisable to periodically unwind holdings as markets rise, so as to keep asset allocations stable and to avoid overexposure to risk.
9%的增长速度现在被视为周期性的峰值而非能长久保持的成绩：经济内部处处可见的瓶颈意味着增长速度再高就会有引发通货膨胀的风险。
Growth of 9% now looks more like a cyclical peak than apermanent achievement: bottlenecks throughout the economy mean it cannot gofaster without setting off inflation.
就像自然一样，气候风险的运行同样具有周期性。
顺周期性是风险基础资本体制(如当前的《巴塞尔协议II》)最大的缺陷。
The biggest flaw of risk-based capital regimes such as the current Basel II, is that they are pro-cyclical.
小步加息的特征（如我们一直所见的那样）或导致风险情绪周期性回撤，但对中国成长只有微弱的影响，将创造潜在的逢低买入机会。
The gradual nature of the increases, as we have seen, may result in periodic setbacks in risk sentiment with only a marginal impact to Chinese growth creating potential buy on dips opportunities.
本文分析了银行体系非核心债务和短期债务的顺周期性以及二者与系统性风险之间的关系。
This paper analyses the pro-cyclicality of non-core liabilities and short-term liabilities of the banking and the connection between both liabilities and systemic risk.
金融脆弱性具有一定的周期性特征，其外在表现为各种风险的积聚状态。
Financial fragility is characteristics of certain business cycle, and the external performance is the accumulation of various risks.
的周期性失血会导致铁缺乏，让妇女贫血风险增加。
Menstrual blood loss can cause an iron deficiency, putting women at risk.
的周期性失血会导致铁缺乏，让妇女贫血风险增加。
Menstrual blood loss can cause an iron deficiency, putting women at risk.
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