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The European experience suggests that the efforts made to achieve an efficient trade-off between monetary policy and prudential supervision ultimately failed. The severity of the global crisis have pushed central banks to explore innovative tools—within or beyond their statutory constraints—capable of restoring the smooth functioning of the financial cycle, including setting macroprudential policy instruments in the regulatory toolkit. But macroprudential and monetary policies, by sharing multiple transmission channels, may interact—and conflict—with each other. Such conflicts may represent not only an economic challenge in the pursuit of price and financial stability, but also a legal uncertainty characterizing the regulatory developments of the EU macroprudential and monetary frameworks. In analyzing the “legal interaction” between the two frameworks in the EU, this book seeks to provide evidence of the inconsistencies associated with the structural separation of macroprudential and monetary frameworks, shedding light upon the legal instruments that could reconcile any potential policy inconsistency.
Read about science fiction books and films that feature futuristic ideas and machines. Then read and evaluate opinion essays about the connection between the science fiction technologies and real-life inventions.
The way that characters in early modern theatrical performance think through their surroundings is important in our understanding of perception, memory, and other forms of embodied affective thought. Thinking Through Place on the Early Modern English Stage traces how characters orientthemselves within unfamiliar or otherwise strange locations, and how their locations function as scaffolding for these moments of "ecological thinking".Thinking through Place on the Early Modern English Stage shows how performance brings places into being, revealing a process that both resembles and parallels the cognitive work that early modern playgoers undertook in reimagining the stage as the settings of the dramatic fiction. It traces thevexed relationship between these two registers in works by Marlowe, Shakespeare, Beaumont, and Jonson, thereby countering a critical tradition that figures drama as a form of spatial abstraction. Instead it demonstrates that theatrical performance functioned as a means of thinking through and aboutplace in the early modern period.
Statutes at Large is the official annual compilation of public and private laws printed by the GPO. Laws are arranged by order of passage.
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Read a poem, a play, and an informational article that each include lessons about growing up. Then read and evaluate three essays based on the texts that present different arguments about the most important lesson adolescents need to learn as they grow up.