Remove Balance Remove Import Remove Influencing
article thumbnail

How Do Inflation Shocks Affect Public Debt Dynamics?

Inter-American Development Bank

This option is currently of particular importance, as inflation has been high, surpassing 15% in most emerging markets and reaching the highest average levels in the last 25 years in advanced economies. We also found two other important features, which are reflected in Figure 1.

Balance 52
article thumbnail

I Know the Witnesses and I Will Believe Them; There is No Need for Cross-Examination: A Rare Example of Arbitrator Bias Before English Courts

Kluwer Arbitration

The Court considered that “the suggestion that it was unnecessary to call any expert witnesses was plainly not an expression of a balanced and impartial view, or merely a concern about the hearing over-running, or an attempt by the arbitrator to impose an orderly and economical procedure on the parties.”

Insurance 104
article thumbnail

A New Type of Agency: Agile and Anticipatory

GovLoop

He observed that the more critical a service is to someone’s life, the more anxious that person will feel, and choosing technology to facilitate smooth experiences is important. Planning Ahead Agencies must anticipate what constituents may need next week or year, and how services provided today will influence lives in 10 to 15 years, he said.

Balance 52
article thumbnail

Redefining Resolution in Data Disputes: Why Arbitration Holds the Key

Kluwer Arbitration

Leveraging arbitration’s strengths can ensure smooth integration of data privacy protection in our interconnected world, balancing individual rights with the ever-growing demand for data. Therefore, any proposed dispute resolution mechanism should permit balancing privacy rights and public interests.

Data 97
article thumbnail

Complying with Fiscal Rules in Latin America and the Caribbean: From Promises to Action

Inter-American Development Bank

The experience with the implementation of fiscal rules in Latin America and the Caribbean (LAC) shows that compliance with fiscal rules is far from perfect, and understanding the multiple factors that influence compliance is key to enhance the effectiveness of this instrument to promote the sustainability of public finances.

article thumbnail

Embracing the Human in Arbitration: A Look Back at ICCA Hong Kong 2024

Kluwer Arbitration

This ICCA Congress had as its theme “International Arbitration: A Human Endeavour,” which highlighted arbitration as a human activity and the importance of arbitration in human society. Referring to his seminal book ( Dealing in Virtue , 1994), Garth discussed the role and importance of people in developing arbitration.

article thumbnail

New Index Helps Governments Design Better Escape Clauses to Bridge Fiscal Rigidity with Crisis Adaptability

Inter-American Development Bank

These clauses, designed to provide temporary flexibility from strict fiscal targets during crises, aim to strike a balance between upholding fiscal rules and effectively responding to unexpected circumstances. Influence on Compliance: a clearly defined activation timeline is pivotal in post-escape clause compliance.