Sentences with phrase «numerous reasons for failure»
Not exact matches
«Most CGE models start from the assumption of an economy where resources are already efficiently allocated, for the good reason that it is not easy to model properly the real and dynamic world of multiple imperfections and numerous market failures,» says the commission.
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-- National Gas Company of Trinidad and Tobago Limited v. Colfire Fire and General Insurance Co Ltd: led by Claire Blanchard Q.C. for the claimant state gas company in US$ 60 million Commercial Court proceedings relating to the insurance of an offshore drilling project on «WELCAR» terms and giving rise to numerous issues of policy interpretation, estoppel and the reasons for the project's failure.