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" ... All of which brings us to Jack Ma and his financial services company, The Ant Group. As most know, the story of this financial behemoth is still unfolding as this piece is being read. Ma got on the wrong side of Chinese authorities for pointing out the obvious about a sclerotic, risk-averse banking system in China that can in no way finance a country populated by the dynamic. Ma’s officious observations seemed to ruffle the feathers of China’s political class, so Ant’s IPO was delayed. ... "
" ... Britain has been spared all this controversy as government bureaucrats dither about how to handle this brave new world. A decision is promised “soon”. April 2022 is the target date to start examining evidence for allowing electric scooters, which remain illegal in Britain for individual ownership. By the time the British get around to deciding – 2023? - the technology may have moved on to individual flying drones, or maybe time machines. Britain is the last major European country where electric scooters are still banned. This, remember, is a country that said it was leaving the European Union (EU) to avoid bloated, incompetent and sclerotic governance. ... "
" ... Ultimately, however, they place a lot of faith in the institutions of American constitutional government, including both its flexible and its more sclerotic qualities. ... "
" ... While there have been attempts to develop the Digital Single Market, with the free movement of health data a key pillar of this initiative in healthcare, it remains the case that the sector is notoriously difficult to change, and this intransigence underpins efforts to boost the sclerotic productivity in the sector. ... "
" ... • Support functions: These need to be in proportion to value-adding activities, so start by determining what the value stream needs to sustain it. Be prepared to quantify, challenge and eliminate non-value-adding work, sclerotic bureaucracy and initiatives that are poorly aligned with the overall strategic intent. ... "