Redistributive
in example sentence
The ECB lacks the democratic legitimacy to take such far-reaching decisions, with potentially substantial
redistributive
effects, which implies an even greater risk to monetary-policy independence.
More example sentences with word redistributive
But globalization also has
redistributive
effects.
But we also have to be very aware that there are
redistributive
consequences, that importantly, low-skilled immigration can lead to a reduction in wages for the most impoverished in our societies and also put pressure on house prices.
In normal times, fiscal policy would support monetary policy, including by playing a
redistributive
role.
To avoid such an outcome, the EU must transform itself from a
redistributive
union ruled by the majority to an optimal and voluntary union ruled by unanimity – one that conforms to the Pareto principle.
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