They are part of the social and economic context, for they do play a role in the social and
economic ordering of society.
And yet, the United States needed
the economic order of open markets the Marshall Plan helped create as much as Europeans needed the money.
The economic order of a good city is characterized by marketplace diversity and entrepreneurial freedom.
As Novak reminds us, a new political and
economic order of liberty «demands a new set of moral virtues.»
On the basis of this discussion we can now list some of the changes of direction needed in
the economic order of rich countries as follows:
On December 31, 1981, Ghanaians woke up to hear the voice of Flt Lt Rawlings on radio claiming that he had overthrown the government of the PNP and launched a revolutionary government called the Provisional National Defence Council (PNDC) to re-arrange the social and
economic order of the country.
The decline of white men as the dominant class in society surely plays a significant role in the success of racist strongmen in election, but it can't be denied that the current
economic order of things simply isn't working, or the historical correlation between economic downturns and an increase in xenophobic nationalism.
What this line of thought illustrates is that SRLs are a challenge not just to legal process and order in court (if you'll pardon the pun) but to
the economic order of things in law, and that the economic ramifications of self - representative capacity reach far beyond the business of law itself.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global
economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global
economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced
orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Responses to questions such as how current
order books and sales inquiries compare with 12 months earlier have a strong correlation with the trajectory
of economic growth.
«Governing Council welcomes the recent strength in
economic data and wants to see more
of it in
order to be more confident that growth is on solid footing,» said Carolyn Wilkins, the senior deputy governor, who joined Poloz at the press conference.
The U.S. sanctions followed a first round
of U.S.
economic penalties
ordered earlier in the week on 11 people the U.S. said were involved in the dispute in Ukraine.
Among all those governments seeking
economic guidance — he tallied up nine in a recent interview with Maclean's — he says Trudeau's is «the most implementation - oriented
of any
of them by an
order of magnitude.»
Many people argue about what needs to come first in
order to create an entrepreneurial community — ideas or capital — but it's a chicken - and - egg debate, says Brad Whitehead, president
of the Fund For Our
Economic Future, a program that pools funding for entrepreneurs from various philanthropic organizations across Northeast Ohio.
I wrote my thesis on the philosophy
of history with the central argument that Industrial Civilization would collapse and either be replaced by a new emergent socio -
economic revolution an
order of magnitude higher than industrialization and agriculture combined, or we would go back to the stone age or extinct.
A successful lawsuit last year by Sinclair Oil Corporation led a federal court to
order EPA to expand its definition
of «
economic hardship» - opening the door for more facilities to be eligible.
Cohn and his family members held about $ 220 million in Goldman stock, which he had to divest in
order to resolve possible conflicts
of interest before becoming White House
economic adviser.
However, it is unknown whether China's rise will spell the end
of the western
economic and political
order.
«If Trump really signs the
order, that is a declaration
of trade war with China,» said Wei Jianguo, former vice commerce minister and now an executive deputy director
of the China Center for International
Economic Exchanges, a government - linked think tank.
Actual results, including with respect to our targets and prospects, could differ materially due to a number
of factors, including the risk that we may not obtain sufficient
orders to achieve our targeted revenues; price competition in key markets; the risk that we or our channel partners are not able to develop and expand customer bases and accurately anticipate demand from end customers, which can result in increased inventory and reduced
orders as we experience wide fluctuations in supply and demand; the risk that our commercial Lighting Products results will continue to suffer if new issues arise regarding issues related to product quality for this business; the risk that we may experience production difficulties that preclude us from shipping sufficient quantities to meet customer
orders or that result in higher production costs and lower margins; our ability to lower costs; the risk that our results will suffer if we are unable to balance fluctuations in customer demand and capacity, including bringing on additional capacity on a timely basis to meet customer demand; the risk that longer manufacturing lead times may cause customers to fulfill their
orders with a competitor's products instead; the risk that the
economic and political uncertainty caused by the proposed tariffs by the United States on Chinese goods, and any corresponding Chinese tariffs in response, may negatively impact demand for our products; product mix; risks associated with the ramp - up
of production
of our new products, and our entry into new business channels different from those in which we have historically operated; the risk that customers do not maintain their favorable perception
of our brand and products, resulting in lower demand for our products; the risk that our products fail to perform or fail to meet customer requirements or expectations, resulting in significant additional costs, including costs associated with warranty returns or the potential recall
of our products; ongoing uncertainty in global
economic conditions, infrastructure development or customer demand that could negatively affect product demand, collectability
of receivables and other related matters as consumers and businesses may defer purchases or payments, or default on payments; risks resulting from the concentration
of our business among few customers, including the risk that customers may reduce or cancel
orders or fail to honor purchase commitments; the risk that we are not able to enter into acceptable contractual arrangements with the significant customers
of the acquired Infineon RF Power business or otherwise not fully realize anticipated benefits
of the transaction; the risk that retail customers may alter promotional pricing, increase promotion
of a competitor's products over our products or reduce their inventory levels, all
of which could negatively affect product demand; the risk that our investments may experience periods
of significant stock price volatility causing us to recognize fair value losses on our investment; the risk posed by managing an increasingly complex supply chain that has the ability to supply a sufficient quantity
of raw materials, subsystems and finished products with the required specifications and quality; the risk we may be required to record a significant charge to earnings if our goodwill or amortizable assets become impaired; risks relating to confidential information theft or misuse, including through cyber-attacks or cyber intrusion; our ability to complete development and commercialization
of products under development, such as our pipeline
of Wolfspeed products, improved LED chips, LED components, and LED lighting products risks related to our multi-year warranty periods for LED lighting products; risks associated with acquisitions, divestitures, joint ventures or investments generally; the rapid development
of new technology and competing products that may impair demand or render our products obsolete; the potential lack
of customer acceptance for our products; risks associated with ongoing litigation; and other factors discussed in our filings with the Securities and Exchange Commission (SEC), including our report on Form 10 - K for the fiscal year ended June 25, 2017, and subsequent reports filed with the SEC.
«In these
economic times, every
order book is important and I believe this is not a small
order book,» said Kurt Wee, President
of the Association
of Small & Medium Enterprises.
The Bank
of Canada, for one, has carefully assessed the
economic risks
of consumer debt in
order to determine how quickly it can raise interest rates without piling on too many debt - servicing costs for over-stretched households.
In
order to protect the estimated 15,000 supply - managed farmers in Canada (including milk, poultry and egg farmers), Findlay estimates that the
economic prospects
of more than ten times that many farmers — who very much want to export beef, pork and grain to the world — could be quashed.
Setting aside the issue
of high earners for a moment, there is an
economic case to be made for special treatment for active small businesses in
order to encourage them to invest and grow.
Twice Pulitzer - nominated, history professor Brands has elsewhere given book - length treatment to some
of the threads he combines in this account
of the 35 years that gave birth to the modern
economic order.
The Pope plans to hire a top global accounting firm to look over the Church's finances, and he's set up a «Working - Party for the
Economic Future,» composed
of some
of the top Vatican bodies, in
order to create a plan for the city - state to free up more money for helping the poor, according to Bloomberg.
In
order to protect Canadians from any unsound
economic contamination, all economists, world financial experts and politicians are to be forced behind miles
of wire fencing in downtown Toronto and separated by battalions
of policemen.
These risks include, in no particular
order, the following: the trends toward more high - definition, on - demand and anytime, anywhere video will not continue to develop at its current pace or will expire; the possibility that our products will not generate sales that are commensurate with our expectations or that our cost
of revenue or operating expenses may exceed our expectations; the mix
of products and services sold in various geographies and the effect it has on gross margins; delays or decreases in capital spending in the cable, satellite, telco, broadcast and media industries; customer concentration and consolidation; the impact
of general
economic conditions on our sales and operations; our ability to develop new and enhanced products in a timely manner and market acceptance
of our new or existing products; losses
of one or more key customers; risks associated with our international operations; exchange rate fluctuations
of the currencies in which we conduct business; risks associated with our CableOS ™ and VOS ™ product solutions; dependence on market acceptance
of various types
of broadband services, on the adoption
of new broadband technologies and on broadband industry trends; inventory management; the lack
of timely availability
of parts or raw materials necessary to produce our products; the impact
of increases in the prices
of raw materials and oil; the effect
of competition, on both revenue and gross margins; difficulties associated with rapid technological changes in our markets; risks associated with unpredictable sales cycles; our dependence on contract manufacturers and sole or limited source suppliers; and the effect on our business
of natural disasters.
While most
of his proposals — «to abandon the gold standard, let international exchange rates float, use federal surpluses and deficits as macroeconomic policy tools that could counter cyclical trends, and establish bureaus
of economic statistics (including a consumer price index) in
order to facilitate this effort» — are now conventional practice, his critique
of fractional - reserve banking still «remains outside the bounds
of conventional wisdom» although a recent paper by the IMF reinvigorated his proposals.
In March 2015, Alibaba Singapore E-commerce, a subsidiary
of Alibaba Group, where Ma is Executive Chairman, operating in Taiwan, was
ordered to close its business or sell it within six months by the Taiwan
economic authorities, who accused the affiliate
of being a Chinese mainland company and violated some registration rules which are mandatory for a Chinese company.
In addition, the Presidential Memorandum
ordering the Department to reconsider its legal and
economic analysis was issued only 67 days before the applicability date and generated a high volume
of comments; it would have been impracticable for the Department to finish any public rulemaking process quickly enough to provide an effective date 30 days after publication.
Governing Council welcomes the recent strength in
economic data and wants to see more
of it in
order to be more confident that growth is on a solid footing.
I see inflation creeping up a bit and it «s something to keep an eye on, and I see, by and large, the
economic numbers looking fairly positive, including new
orders which is really an indication
of where the economy is going to be heading in the months to come.
Our foreign and
economic ministers were blindsided by Mr. Trump's signing
of executive
orders to move ahead with building a wall and adopting anti-immigrant policies on the same day the ministers arrived in Washington, where they faced a very inauspicious atmosphere for talks.
It is more difficult to predict how the second - and third -
order effects
of economic uncertainty and geopolitical risk may affect supply and demand fundamentals and, therefore, price.
«Forward - looking
orders data point to solid output gains in coming months,» said David Hensley, director
of global
economic coordination at JPMorgan Chase in New York.
Specifically, he said in
order to produce tailwinds, the government needs to remove some
of the «legacy issues» surrounding the financial crisis that are still undermining the
economic recovery.
Even taking into account the much larger size
of the economy today, the
economic impact
of patent litigation today is an
order of magnitude larger than it was in the age
of the telegraph.
Factors that could cause actual results to differ include general business and
economic conditions and the state
of the solar industry; governmental support for the deployment
of solar power; future available supplies
of high - purity silicon; demand for end - use products by consumers and inventory levels
of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer
order patterns; changes in product mix; capacity utilization; level
of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval process; delays in utility - scale project construction; delays in the completion
of project sales; continued success in technological innovations and delivery
of products with the features customers demand; shortage in supply
of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
Factors that could cause actual results to differ include general business and
economic conditions and the state
of the solar industry; governmental support for the deployment
of solar power; future available supplies
of high - purity silicon; demand for end - use products by consumers and inventory levels
of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer
order patterns; changes in product mix; capacity utilization; level
of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval process; delays in utility - scale project construction; continued success in technological innovations and delivery
of products with the features customers demand; shortage in supply
of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 20, 2016.
15 The platform promotes cooperation on infrastructure, including financing, interoperability and logistics.16 The framework has already generated cooperation on various projects.17 The EU's approach to BRI is a far cry from the launch
of the Asian Infrastructure Investment Bank (AIIB) in 2015, when several nations tried to join the bank individually in
order to gain
economic benefits.
Louis - Philippe Rochon Associate Professor, Laurentian University Co-Editor, Review
of Keynesian Economics Follow him on Twitter @Lprochon Mr. Harper and the Conservatives never miss an opportunity
of reminding Canadians that we should vote for them in October in
order to ensure
economic prosperity in the future.
To the surprise
of most investors around the globe, yesterday the U.K. voted 52 % to 48 % in favor
of leaving the European Union (EU), after more than four decades, in a stunning rejection
of the continent's post-war political and
economic order.
And rather, they threaten to undermine America's closest alliances, sabotage the prospects for a joint effective response to China's rise, and deliver a serious blow to the already fraying set
of multilateral institutions that underpin global
economic order.
In
order to be as transparent as possible, we provide a reconciliation
of GAAP net income to
economic earnings in each
of our company models.
Factors that could cause actual results to differ include general business and
economic conditions and the state
of the solar industry; governmental support for the deployment
of solar power; future available supplies
of high - purity silicon; demand for end - use products by consumers and inventory levels
of such products in the supply chain; changes in demand from significant customers; changes in demand from major markets such as Japan, the U.S., India and China; changes in customer
order patterns; changes in product mix; capacity utilization; level
of competition; pricing pressure and declines in average selling prices; delays in new product introduction; delays in utility - scale project approval process; delays in utility - scale project construction; cancelation
of utility - scale feed - in - tariff contracts in Japan; continued success in technological innovations and delivery
of products with the features customers demand; shortage in supply
of materials or capacity requirements; availability
of financing; exchange rate fluctuations; litigation and other risks as described in the Company's SEC filings, including its annual report on Form 20 - F filed on April 27, 2017.
Following this logic, China should be entitled to emit more in
order to industrialize sufficiently so that it can emancipate hundreds
of millions
of its citizens from
economic poverty.
This implies that the Budget should be tabled in late January or in early - to mid-February, in
order to give the Treasury Board Secretariat time to make the Main Estimates
of spending consistent with the
economic assumptions and spending decisions underlying the Budget.
The idea
of order was made more difficult by wealthy families asserting their
economic interests at the expense
of society at large.
There are many other ways
of allocating a significant portion
of the debt - servicing cost to unwilling agents in the
economic equivalent
of debt forgiveness: to creditors when debt is repudiated, to workers when wages are suppressed in
order to increase net revenues for debt servicing, to small business owners when assets are expropriated to pay down debt, and so on.