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Authority in sentence

1945 examples of Authority in a sentence

In particular, it could affect current plans for a “banking union,” which needs three elements: a single supervisor, a common resolution authority, and a credible system of deposit insurance.
But this should serve as an additional incentive for the eurozone’s member states to agree to the creation of a genuine common resolution authority with enough funding to resolve even larger banks in an orderly way.
This is of course the opposite of liberal democracy, a core feature of which is a robust set of institutional checks and balances designed to limit executive authority.
They include the authority to impose taxes and restraints on individuals and private entities through criminal, administrative, and civil law, as well as the state’s obligation to provide public goods and services.
German policymakers, for their part, could not easily help Macron bifurcate the EU even if they wanted to, because Germany’s constitution grants the Bundestag the inalienable authority to manage the country’s fiscal affairs.
Because all countries are members, the UN enjoys a global standing that gives its decisions and actions a degree of authority that no individual government enjoys beyond its own borders.
A century ago, the sociologist Max Weber classified the three types of legitimacy that can ground governmental authority: traditional (an inherited system); charismatic (a particular leader’s force of personality); or legal (a set of rational rules, applied fairly).
But, with Trump in power, it is especially urgent – a matter of survival – that Congress clearly and explicitly reasserts its constitutional authority.
The perception that advanced countries are running business in the Fund, but do not adhere to Fund advice, has undermined the IMF’s authority.
In other words, what appeared to be a form of political-military brinkmanship by Kim may actually be a manifestation of Shenyang’s reaction to Xi’s struggle to reassert Party authority over Bo’s faction and its supporters in the military.
Thus, China’s ability to bring North Korea into line – a capacity that the US, in particular, believes Xi has – may in fact depend on the outcome of a more epochal struggle to bring the PLA fully under central authority.
Not once did they pause for critical self-reflection, and now they feign shock at the legitimacy gap and the anti-establishment passion that threatens the status quo and, consequently, their authority.
While rejecting censorship, the US government should not renounce its authority to speak sensibly and condemn an appalling and apparently intentional provocation that produced such tragic consequences.
America’s moral authority as an advocate of human rights depends on its own respect for human rights.
Under President Bush, that authority has largely evaporated.
Moreover, this system subjects the world economy to cycles of confidence in the US dollar, while placing the world economy at the mercy of a national authority – one that often makes decisions with scant regard for their international implications.
The rule of law is the acceptance that laws given not by some supreme authority, but by the citizenry, govern all - those in power, those in opposition, and those outside the power game.
The euro, they said, had to be buttressed by transferring banking supervision to a European authority.
In the eyes of most observers, to reach the leaders’ goal of “break[ing] the vicious circle between banks and sovereigns” required centralizing authority for bank resolution and rescue.
That authority should not be wasted on outrageous tweets and rambunctious rallies.
Creating the space for national, municipal, and even tribal leaders to engage politically is especially important for the region’s more unstable countries, which must, as a first step, limit the availability of weapons that can be used to challenge the authority of legitimate governments.
Lacking a culture of political compromise, the breakdown of central authority in 2011 was not surprising.
And they are even more smitten with the Tudor era, when Henry VIII wrested the Church of England from the yoke of papal authority.
The point of the law was to free England from the authority of a papacy that answered to Charles I of Spain – that is, Charles V of the Holy Roman Empire.
Unfortunately, however, the US-led invasion of Afghanistan and the subsequent invasion – without UN authority – of Iraq underscore the primacy of military solutions in the strategic thinking of affluent nations.
Nonetheless, in 1978, Deng Xiaoping not only delegated authority to local governments, but also increased their revenue through a system of fiscal contracting, in an effort to maximize their contribution to overall GDP growth.
Again, the plan worked for a while – until China’s leaders confronted the downside of fiscal decentralization: the central government’s declining revenue share under this system limited its capacity to assert its authority and manage macroeconomic stability.
While this horizontal competition has helped China to reach growth targets, central leaders must be supportive of local leaders’ discretionary powers, authority to raise funds, and capacity to attract investment.
Because of the strong competition to stand out in terms of growth, especially at the provincial level, many lower-level officials use their authority more to advance their personal interests.
Unilateral withdrawal from Gaza without the prior establishment of a local authority to maintain order has only led to renewed intervention.
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