Conservative Switzerland had been mostly against change, but in 1973 Mr Leutwiler had got his colleagues to accept that the tide was running in favour of America's demand for a looser system based on the strength of a country's economy.
Freely determined market prices and a monetary system that allows the supply of money to meet demand through market processes and a convertible currency ensure long-run prosperity.
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In view of the demand of member states in the region for such a system, WESTPAC has been developing the system since 2010 with several technical workshops, trainings and one web portal based system.
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According to McCoy who recently graduated from Singularity University the system can be configured in a variety of ways, depending upon demand.
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The essentials of the model, that system dynamics, in reacting to small changes in demand, have a huge detrimental impact on capacity levels, were introduced by Jay Forrester at the Massachusetts Institute of Technology in the 1960s.
This grid was initially a struggle to manage, because the middleware the software that handles supply and demand of resources on the grid effectively, as well as security and the other niceties that a distributed system entails had been cobbled together from various academic projects, and was not mature.
In essence, the Power on Demand system, which Arista has installed in several of its small-business customers, is a storage and power management unit rolled into one.
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In essence, the Power on Demand system, which WindTamer has installed in several of its small-business customers, is a storage and power management unit rolled into one.
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If these imbalances are to be unwound in an orderly way, China will have to build a social welfare system that reduces huge levels of precautionary saving and thus boost domestic demand.
Clearwire is not building a nationwide system but will focus on large communities with population density where the bulk of the demand is centered.
Of course, if there were instead systems of assessments in a competency-based learning system built for students to take an assessment on-demand when they were ready to demonstrate mastery on specific competencies, we would see a different picture develop with assessments that left no doubt that they were different.
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By the same token, a constitutional reform may be aimed at fixing imperfections in the system of representation or other imperfections that demand amendments from the original constitutional document.
While the government wants to curb the flow of black money into the system, traders feel these measures will dampen demand and make it more onerous to run a business.
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