First, it took some time for policymakers to come to grips with the extent of the financial system's latent instability
, which had accumulated under their watch.
Mazrui (1977) distinguished between active, imminent and latent instability
. Rapid changes and severe political uncertainty characterise active instability.
With a coherent monetary policy, developing countries are better equipped to deal with the external shocks and latent instability
resulting from the international crises.
Representation was caught in a double hind, its latent instability
and urgency hyperbolized even as it vanished before the viewer's eyes in an act of self-sabotage.
Although there has been no well-marked convergence area the latent instability
of such an airmass ensures developing thunderstorms recur daily.
To be more specific, is over-dependence of our organizations on conventional insurance in reality a "Linus syndrome?" The Linus analogy could be very important to modern risk and financial managers if we recognize that the latent instability
and potential financial insecurity of the conventional insurance market, not only in the United States but around the world, are very similar to Linus' threadbare blanket.
Once the landlocked backwater between Iran and the Soviet Union, the Caspian has in the last 10 years emerged as the epicentre of conflicting interests in a region where massive geopolitical issues converge with enormous energy resources and dramatic latent instability
. Russia's conflict in Chechnya is a direct by- product of the strategic importance of the Caspian region.