This calls for fundamental innovations in precautionary thinking and risk analysis.

Dependency on coffee or cocoa exports requires a build up of precautionary reserves.

The precautionary principle is a variant on Pascal's famous wager on the existence of God.

The precautionary principle is a variant on Pascal's famous wager on the existence of God.

Think, for example, of the environment or public health, where the precautionary principle guides decision making.

But no precautions, and no precautionary principle, can avoid problems that we do not yet foresee.

The CCAMLR has pioneered ecosystem and precautionary approaches to fisheries management, which are now central to maintaining Antarctic krill.

They need time to build a social safety net capable of encouraging Chinese households to reduce their precautionary saving.

Household income must rise, and, with more ample provision of social security, insurance, and services, precautionary savings should fall.

They need time to build a social safety net capable of encouraging Chinese households to reduce their precautionary saving.

Providing better social services (public health care, education, and nation wide retirement programs) would reduce the need for precautionary savings.

Specifically, China and emerging Asia should implement reforms that reduce the need for precautionary savings and let their currencies appreciate

Stronger safety net programs might reduce the need for precautionary savings in the future, but such reforms cannot be accomplished overnight.

Stronger safety net programs might reduce the need for precautionary savings in the future, but such reforms cannot be accomplished overnight.

Jamaica is currently doing quite well under an International Monetary Fund Precautionary Stand By Arrangement , but still struggles with low growth.

Knowing this, larger and richer countries may be reluctant to take precautionary measures, as this would reward and thus encourage free riding.

An alternative would be a precautionary accounting system, like the one that all German companies used before the transition to IFRS began.

In the meantime, companies and households lucky enough to be in a position to build precautionary cushions will inevitably continue to do so.

Many countries continue to accumulate high levels of precautionary reserves, especially to avoid future crises stemming from reversals on their capital and trade accounts.

Sometimes the solution entailed precautionary lending, as in Brazil another time it was a bail in strategy that was eventually abandoned, as in Romania.

Given the IMF stigma in Asia, a co financing facility that provides precautionary credit lines without policy conditionality to qualified member countries would be useful.

You obviously do what the precautionary principle suggests, you try to anticipate it, but after anticipating it, you constantly asses it, not just once, but eternally.

Advocates of this position go on to deploy the so called precautionary principle to counter the argument that there is no scientific evidence that DDT spraying damages natural capital.

To use IMF gold for further debt relief in the face of increased risk threatens the Fund s financial integrity and contradicts the recent decision to increase the IMF s precautionary balances.

Basic precautionary options such as HIV testing, male and female condoms, and sterile syringes for drug injection remain out of reach for the vast majority of those who need them.

That issue frames the third major component of the new Plan s pro consumption agenda the need to build a social safety net in order to reduce fear driven precautionary saving.

Recognizing also the urgent need for action at all levels to ensure the long term sustainable use and management of fisheries resources through the wide application of the precautionary approach,

Recognizing also the urgent need for action at all levels to ensure the long term sustainable use and management of fisheries resources through the wide application of the precautionary approach,

One view holds that long term growth risks have been on the rise, raising the premium on assets that are perceived to be relatively safe, and raising precautionary saving in general.

Would you draw comfort from your country s impressive internal resilience and offset the deflationary winds blowing from the West or would you play it safe and increase your country s precautionary reserves?

One view holds that long term growth risks have been on the rise, raising the premium on assets that are perceived to be relatively safe, and raising precautionary saving in general.

Noting the importance of the wide application of the precautionary approach to the conservation, management and exploitation of straddling fish stocks and highly migratory fish stocks, in accordance with the Agreement,

Without encumbering him with any prescription, I told him somewhat sheepishly that I was going on an extended foreign trip and wanted to keep a precautionary strip of antibiotic tablets with me.

And the difficulty people everywhere have in thinking in terms of probabilities especially low probabilities, which they tend to write off weakens political support for incurring the costs of taking precautionary measures.

Without encumbering him with any prescription, I told him somewhat sheepishly that I was going on an extended foreign trip and wanted to keep a precautionary strip of antibiotic tablets with me.

If the threat of supply disruptions spreads beyond Libya, even the mere risk of lower output may sharply increase the fear premium via precautionary stockpiling of oil by investors and final users.

For example, the EU has long been committed to the precautionary principle, which prevents products that may harm human health from entering the EU market even if the scientific evidence is not yet conclusive.

Yet the precautionary principle places some responsibility on us to hand down the living resources of the marine realm in a form that can be used as much by future generations as by us.

However, the petition drive was suspended unexpectedly on October 20 when following the simultaneous ruling of six tribunals, the electoral authority announced its decision to comply with precautionary measures and suspend the process indefinitely.

Moreover, the IMF announced a new financing program called a Precautionary Credit Line, which will provide funds more quickly and with even fewer conditions even to countries without sound public finance and effective financial supervision.

Doing this would not only reduce the unequal burden now being carried by the unemployed it would also help to sustain consumption, and perhaps reduce some precautionary savings among those who fear losing their jobs in the future.

That issue frames the third major component of the new Plan s pro consumption agenda the need to build a social safety net in order to reduce fear driven precautionary saving. Specifically, that means social security, private pensions, and medical and unemployment insurance plans that exist on paper but are woefully underfunded.