Constrained
in sentence
444 examples of Constrained in a sentence
Leveraging the EFSF’s resources should be considered, but any such move will be
constrained
by the need to preserve the vehicle’s AAA rating with sufficient sovereign guarantees.
Accordingly, the underperformance of SWF equity portfolios might be a consequence of unfortunate, but constrained, timing, rather than a result of poor stock picking.
The debate over the next year will be significantly influenced and
constrained
by national interests.
Botswana’s attempts to diversify its economy are
constrained
by water shortages; but “water accounts” are helping the government to identify sectors – including agriculture, mining, and tourism – that can grow with minimal water consumption.
The Obama administration called for and received stimulus totaling some $800 billion, a figure well within Stiglitz’s range, despite being politically
constrained
by the necessity of Congressional approval.
But, even if they are constrained, the economy can continue to grow.
It remains to be seen whether the US Federal Reserve will also feel
constrained
by the political mood on Capitol Hill.
It was the value of the stock market that fell sharply – which makes sense, given that counter-cyclical policy is now severely
constrained.
If we are, as the economist Robert Gordon argues, experiencing a slowdown in productivity-enhancing technological innovation, long-term potential growth would be
constrained.
They can do what they want without being
constrained
by the will of the people.
Fiscal policy, for its part, was
constrained
by large budget deficits and rising stocks of public debt, with many countries even implementing austerity to ensure debt sustainability.
In the eurozone, for example, aggregate demand in many member countries has been
constrained
by, among other things, Germany’s large current-account surplus, which amounted to 8.5% of GDP in 2015.
One reason is that fiscal authorities in many countries – in particular, in Japan and parts of Europe – have been
constrained
by high sovereign-debt levels.
Materialism and consumerism cannot be a substitute for political and religious freedoms, which remain severely
constrained.
For economies already
constrained
by weakened fiscal positions, trade-induced upheavals would be costly.
Given the likelihood that the Republicans will continue to control at least one house of Congress, Democratic President Barack Obama’s policy flexibility will probably remain severely
constrained
– unless, of course, the White House and Congress finally find a way to work together.
Moving beyond economics, America’s reduction in net energy imports – which have already fallen by one-half since 2007 – means that its foreign policy will be less
constrained
by events in the Middle East.
(Admittedly, the Spanish labor market reforms enacted earlier this year may start to lift employment and improve competitiveness and growth on the economy’s tradable side, which is
constrained
largely by low productivity, not weak demand.)
In principle, governments could bridge the gap, but high (and rising) debt constrains their capacity to do so (though how
constrained
is a matter of heated debate).
Hirschman believed that the possibilities for economic development are not nearly as
constrained
as comprehensive theories would lead us to believe.
China was
constrained
by poor supply incentives in agriculture in the late 1970’s.
Today’s Brazil is
constrained
by inadequate supply of credit.
El Salvador is
constrained
by inadequate production incentives in tradable goods.
Zimbabwe is
constrained
by poor governance.
The outcome turns on whether firms are more
constrained
by the hiring costs or by the firing costs.
In the Eurozone the scope for fiscal stimulus (lower taxes and/or higher public spending) was
constrained
until war blew a hole in the Stability Pact, which caps member budget deficits at 3% of GDP.
At the same time, fiscal policy has been
constrained
in some countries by high deficits and debts (which jeopardize market access), and in others (the eurozone, the United Kingdom, and the United States, for example) by a political backlash against further fiscal stimulus, leading to austerity measures that undermine short-term growth.
In the medium term, however, further globalization seems unavoidable, meaning that it is the nation-state, and national politics, that must be
constrained.
Likewise, while unilateralists complain that the US is
constrained
by international regimes, so are others.
For Saudi Arabia, reining in Iran is all the more important in the wake of the recent agreement on the country’s nuclear program, which has resulted in the lifting of international economic sanctions that have long
constrained
Iran’s regional leadership ambitions.
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