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The feature of the proposed pact that elicits the most excitement - its focus on regulatory barriers like mandatory product standards - should actually incite the greatest concern.
The solution should be to focus on improving the technology - making the lights safer, brighter, warm up faster, and save more energy, so that more people will replace more of their lights.
With policymakers reluctant to focus on the imperatives of structural healing, the result will be yet another growth scare - or worse.
Europe's single-minded focus on austerity is a result of a misdiagnosis of its problems.
Back then, Ukraine became the focus of global attention, but Ukrainians learned of the disaster much later than the rest of the world.
The US military's protective umbrella gave large swaths of the world a vacation from war, making it easier for them to focus on economic growth and regional integration.
Second, they instructed the IMF and the World Bank to re-think their development strategies, in order to put more focus on social problems, particularly health and education.
Three of the eight MDGs - reductions in children's deaths, maternal deaths, and epidemic diseases - focus directly on health.
The attempt to restrain the growth of debt does serve to concentrate the mind - it forces countries to focus on priorities and assess values.
In my view, a focus on global public goods - things everyone can consume without diminishing their availability to others - could help America reconcile its preponderant power with others' interests.
And a substantial change has indeed occurred over the past two generations: CEOs focus much more attention than they used to on pleasing the stock market, and this is likely to be a good thing.
With the world's focus on the debate over Iraq, the war on terror, and the Bush administration's doctrine of unilateral preemption, the American government's new emphasis on the utility of nuclear weapons has not received the attention it deserves.
I want to deviate from my usual economic theme this month and focus instead on the system by which the press - mostly the American press - covers government nowadays.
Instead of looking at the wrong model - that of a single state - the EU and its member states should focus on the conditions required for the proper functioning of a currency union that has no common budget to compensate for asymmetric shocks.
Central banks then began to focus on low and stable inflation as their primary objective, and became more independent from their political masters.
According to the conventional wisdom of many environmental campaigners, we should first do everything we can to mitigate global warming, and only then focus on adaptation strategies.
New research by three Italian economists, Francesco Bosello, Carlo Carraro, and Enrica De Cian does this, and, ultimately, provides a powerful economic case for a much greater focus on adaptation.
Both of these complaints reflect a third: unease with the Court's overwhelming focus on Africa.
Compounding the problem: donors have also been shifting their focus from AIDS to other diseases, because there is a sense that more lives can be saved more cheaply.
But the time has come to abandon the Jubilee movement's humanitarian approach and focus instead on the legal aspect.
At this stage of their economic development, with its focus on commodity exports, the priority for Africa's countries should be long-term economic integration, not currency union.
The best way to address that question is to focus not on who, but on what, would replace Arafat.
First, a new global compact should focus more directly on rich countries' responsibilities.
The failure to locate Saddam's WMD's is putting America's grab for Iraqi oil into sharp focus.
Restoring balance and eliminating the distortions will require time, investment, and structural change, and should be the central focus of America's economic policy.
That must be fixed, which requires that competitiveness become the central focus of longer-term US economic policy - the sooner, the better.
Managers' increased focus on maximizing shareholder value won many adherents when the idea was introduced in the 1980's: the impersonal discipline of financial markets would force companies to become more productive and innovative.
Instead, once again, there was an extended focus on the past.