WHAT are the implications of rising bond yields for equity markets? Answering this question requires grappling with one of the most fundamental debates in modern finance.

见涨的债券收益对于证券市场在暗示什么呢？回答这个问题先要试着解决现代金融一个最根本的争论。

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Seen from this perspective, republicanism in the ancient world has implications quite different from modern republicanism.

以此来看，古代共和主义和现代共和主义具有十分不同的意味。

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We all talk of interdependence being the defining characteristic of the modern world. But often we fail to see the fundamental implications of such a statement.

我们都在讨论作为当今世界典型特征的相互依赖性，但我们常常无法看到这种说法的基本含义。

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In order to understand the nature of this search--and to grasp its implications for modern Japan--it is necessary to look at some recent trends in Japanese historiography.

ECONOMIST: The once and future boom

Defense planners had failed to consider the implications of the proliferation of advanced surface-to-air defense systems and modern (late 20th-century) fighter aircraft.

CENTERFORSECURITYPOLICY: Center for Security Policy | The Measure of a Superpower: A Two Major Regional Contingency Military for the 21st Century | Page: 2