Messrs Bernanke and Paulson also have done well by acting quickly: it took seven years for Japan's regulators to set up a mechanism to take over large broke banks in the 1990s.
The commitment to set up a mechanism for constituents to recall their MPs if they've engaged in "serious wrongdoing" was set out in the coalition agreement nearly three years ago, but the government has yet to bring in a bill.
Libya has pursued its charm offensive by asking the International Atomic Energy Agency to set up a comprehensive monitoring mechanism.
What would it take to set up a genuine gold standard with a working mechanism for converting US dollars into gold on demand?
FORBES: The Death Certificate Of The Paper Dollar: Where To Next?
The document didn't commit Vermont or Quebec to any specific actions, but it said the details of the agreement would be implemented using a mechanism set up by a similar 2003 agreement that created a Joint Vermont-Quebec Committee.
Instead, the Iranians suggested a triangular mechanism be set up so that they, the Americans and the Iraqis could keep discussions going.
ECONOMIST: No one knows if the latest talks will lead anywhere
And that is that in most states you now have a mechanism where you set up a public school -- so this is not private schools, these are public schools receiving public dollars -- but they have a charter that allows them to experiment and try new things.
When credit worthiness is the rationing mechanism then a positive feedback is set up.
Because a few years ago -- Turkish and American administration set up an mechanism sharing intelligence in regard to solving this problem.
Japan's banks began to fail in 1991, but a mechanism for taking over large, insolvent banks was not set up until 1998.
The permanent mechanism of crisis management has been set up in the wake of the Greek debt crisis, where a multi-billion Euro bailout was required.
应用推荐