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tokes A 2016 German History in Fiction: A Conversation with Fiona Rintoul. The Glasgow Review of Books Online Magazine, 01. 2016. tokes A 2016 Introducing Sarah Kirsch and her work Presentation . Stanza Poetry Festival, St Andrews, 04. 03.


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This was partly caused by declining prices for oil and some utilities, but underlying measures of inflation are also low at about 2 per cent. With growth in labour costs continuing to be quite subdued as well, and inflation restrained elsewhere in the world, consumer price inflation is likely to remain low over the next year or two. Given these conditions, it is appropriate for monetary policy to be accommodative. Low interest rates are supporting demand, while regulatory measures are working to emphasise prudent lending standards and so to contain risks in the housing market. Credit growth to households continues at a moderate pace, albeit with a changed composition between investors and owner occupiers. The pace of growth in dwelling prices has moderated in Melbourne and Sydney over recent months and has remained mostly subdued in other cities. The exchange rate has continued its adjustment to the evolving economic outlook. At todays meeting, the Board judged that there were reasonable prospects for continued growth in the economy, with inflation close to target. The Board therefore decided that the current setting of monetary policy remained appropriate. Over the period ahead, new information should allow the Board to judge whether the recent improvement in labour market conditions is continuing and whether the recent financial turbulence portends weaker global and domestic demand. Continued low inflation may provide scope for easier policy, should that be appropriate to lend support to demand.



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Porter, 1979 However, they then go on by saying the five forces model is not fully applicable to platform businesses as the model does not take into account network effects. I believe this to be a powerful observation. Platforms do not only compete against other producers, but also compete against other platforms. The stability regarding the other four competitive forces is also disrupted. Platform participants can be suppliers and buyers, but a participant does not need to play one of these roles exclusively. Successful platforms are often the ultimate substitute threat to an industry. The final important factor for platforms to take advantage of strategically are the positive spillover effects that emerge from a platform ecosystem. Positive spillover effects in platform ecosystems exist mainly in the form of user data. It is important that platform bulginesses capture as much of this data as possible, as it can be used to improve the core user interactions by generating more helpful matchmaking recommendations and pricing policies. The usefulness of a data set increases with its size. Platform businesses should therefore be worried about increasing the size of its ecosystem and volume of its its facilitated interactions.



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