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Consensus in sentence

1479 examples of Consensus in a sentence

The emerging consensus among economists is that growth next year will be close to the trend rate of 2.5%.
This consensus optimism is, I believe, not supported by the facts.
Moreover, growth next year will be so weak (0.5 to 1%, as opposed to the consensus of 2% or more) and unemployment so high (above 10%) that it will still feel like a recession.
First, macroeconomic indicators will be worse than expected, with growth failing to recover as fast the consensus expects.
Second, the profits and earnings of corporations and financial institutions will not rebound as fast as the consensus predicts, as weak economic growth, deflationary pressures, and surging defaults on corporate bonds will limit firms’ pricing power and keep profit margins low.
Still, this global recession will continue for a longer period than the consensus suggest.
Who among them understands macroeconomic risks not in terms of the platitudes of the prevailing consensus, but as the tail risks – the low-probability, high-impact events – that always wag the dog of financial crisis?
Trump also denies any link between human activity and climate change, again bucking the overwhelming scientific consensus.
Even if there is no consensus on what a solution might be, can’t they meet and thrash out a plan that goes beyond their repeated half-measures?
By pursuing aggressively unilateral policies that flout broad global consensus, President Donald Trump effectively justifies his Chinese counterpart Xi Jinping’s longtime defiance of international law, exacerbating already serious risks to the rules-based world order.
More recently, Trump moved the US embassy in Israel from Tel Aviv to Jerusalem, despite a broad international consensus to determine the contested city’s status within the context of broader negotiations on a settlement of the Israeli-Palestinian conflict.
This emerging consensus was also reflected in May at the Business & Climate Summit and Climate Finance Day, where investors and business leaders pledged to lead the global transition to a low-carbon economy.
Their primary objective is to forge a consensus for Lebanon’s future in the wake of the withdrawal of Syrian forces last year.
The fear of being left out of the euro did the rest, by creating a political consensus in favor of taking the right and necessary steps.
But there was no consensus on the longer-run outlook for home prices.
Unshackling ASEANSINGAPORE – As the Association of Southeast Asian Nations approaches its 50th anniversary next year, its failure to reach a consensus regarding Chinese territorial claims in the South China Sea has raised concerns throughout the region.
Although the requirement that all decisions be made by consensus enables disparate member states to unite while protecting their national interests, it also limits ASEAN’s effectiveness in dealing with emerging security threats.
The consensus rule explains why ASEAN failed to present a united front after the September 11, 2001, terrorist attacks in the United States, and in the subsequent US-led war on terror.
The territorial disputes in the South China Sea are the strongest indicator yet that ASEAN’s consensus principle is limiting the organization’s effectiveness.
ASEAN must solve its consensus dilemma, through either procedural reforms or institutional innovations.
For example, the 1995 Treaty on the Southeast Asia Nuclear Weapon-Free Zone established a commission that, “failing consensus,” can make decisions by a two-thirds majority.
When ASEAN member states cannot reach a consensus, they should distinguish between two types of issues to determine the path forward: those that have obvious implications for the sovereignty, territorial integrity, and domestic autonomy of a member state; and those that have obvious implications for regional security.
ASEAN member states should seek consensus in the former case, unless the country in question decides otherwise.
Another way out of the consensus dilemma is to create new institutional frameworks.
A South China Sea caucus within ASEAN could shape a common position among its own members ahead of ASEAN-related meetings, and make an ASEAN-wide consensus on the issue more likely.
Including non-member countries could undermine ASEAN’s unity; but that is a tradeoff ASEAN member states will have to accept if they decide to adhere strictly to consensus decision-making.
That said, the consensus principle should not be abandoned.
It is in ASEAN’s best interest to reach a consensus on important issues whenever possible – including on the South China Sea dispute if it proves not to be a serious threat to regional peace.
The dynamics of income distribution have shifted adversely in recent decades, impeding consensus on economic policy.
Meanwhile, the multilateral trade system is fragmenting, along with the consensus that created it.
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