In other words, they all share a view that the international tax system has failed to keep up with the current economy.

换句话说，他们都认为，国际税收体系未能跟上当前经济的步伐。

youdao

Recoverable: Failed components can restart themselves and rejoin the system, after the cause of failure has been repaired.

自我恢复：错误修复以后，组件能自我重启并重新加入系统。

youdao

This could occur if the server system has failed.

如果服务器系统失败了，这个问题就可能出现。

youdao

He says the existence of fistulas means the health system has failed somewhere.

VOA: standard.2009.12.23

The big point, as I've said before, is that a substantial portion of the eurozone banking system has failed, and is on a drip provided by the ECB.

BBC: Which are the eurozone's zombie banks?

The cost-lowering potential of direct-payment practices is heartening because the current third-party payment system has failed to stem our burgeoning health cost crisis.

FORBES: Fed Up With Obamacare, Doctors Increasingly Prefer Cash For Care

It comes about because the Federal Reserve System, in its so far failed effort to stimulate the economy, has fixed the short-term interest rate at 0%.

FORBES: Who Voted For Those Taxes On Gays And Seniors?