Constraints
in sentence
995 examples of Constraints in a sentence
They describe it as “an approach to economics that emphasizes growth and income redistribution and deemphasizes the risks of inflation and deficit finance, external constraints, and the reaction of economic agents to aggressive nonmarket policies.”
In response, “[p]olicymakers explicitly reject the conservative paradigm and ignore the existence of any type of
constraints
on macroeconomic policy,” such that, “[i]dle capacity is seen as providing the leeway for expansion.”
Eurobonds would imply lingering soft budget
constraints
and huge political moral hazard effects that would destroy the European model.
These include soft budget
constraints
for state-owned enterprises (SOEs) and local governments, implicit and explicit government guarantees of debt, and excessive risk taking in the financial sector – all of which have been perpetuated by unsustainable official growth targets.
A serious restructuring effort – including stricter budget
constraints
and an end to lending to non-viable firms and government guarantees on debt, along with other supply-side reforms already underway – will create space for more dynamic companies to emerge and contribute to growth.
The details of appropriate policies will depend, as usual, on local
constraints
and opportunities.
Though political
constraints
prevailed, the euro’s architects were however not naive.
It will do some good in all scenarios, but its impact will be much larger beyond the short term if other binding
constraints
are removed.
Europe has a real chance to conclude a bargain: member countries implement fiscal and structural reforms in exchange for short-run relaxation of fiscal
constraints
– not to increase liabilities, but to focus on growth-oriented investments to jump-start sustained recovery.
In addition to imposing demands and
constraints
on minorities to join the mainstream, society must be willing to demand of itself that it make room for all its citizens.
In their view, it is not only a straightforward way instantly to boost real demand; it also seems preferable to debt-financed fiscal stimulus, owing both to political
constraints
on debt-burdened governments and to MFFP’s more direct – and thus faster – impact on economy-wide spending.
Saudi Arabia also fears that Iraq will regain its oil-output quota within OPEC, which the country couldn’t meet, owing to poor security and infrastructure
constraints.
Taking advantage of its considerable assets – the world’s third-largest economy, substantial high-tech skills, and a military that has recently been freed of some legal and constitutional
constraints
– Japan is boosting its geopolitical clout.
They understand what it means to face severe – and, to some extent, insurmountable – resource
constraints.
But, despite vocal support for locally led research and development, severe
constraints
to developing-country innovation remain – and must urgently be removed.
As a result, commodity resource
constraints
that we once expected to face in the middle of the twenty-first century are hitting us today.
But the current expansion is unusual in that, due to unique (in the modern era) circumstances, labor
constraints
are not the problem.
But Asia faces major
constraints.
For the markets, this is a disappointment, but there is no other way for these countries to rebuild themselves than to insist patiently on a phase of debt discipline and an end to lax budget
constraints.
But, in many cases, inflows are driven by short-term factors, fads, and irrational exuberance, which can lead to an overvalued currency, the crowding out of non-traditional export sectors or import-competing sectors, a loss of competitiveness, and eventually a large current-account deficit and thus tighter external
constraints
on growth.
In a classic paper, Sebastian Edwards of UCLA and the late Rudiger Dornbusch of MIT define economic populism as “an approach to economics that emphasizes growth and income redistribution and deemphasizes the risks of inflation and deficit finance, external constraints, and the reaction of economic agents to aggressive nonmarket policies.”
Macron had already been struggling to enact his pro-growth reform agenda, focused on imposing modest
constraints
on France’s hypertrophied welfare state.
But it is time to think big, to escape from the
constraints
of the past, and to try to tackle the problems of our age if we truly want to prevent catastrophic events and achieve genuine and long-lasting global peace and security.
Renegotiating the JCPOA to extend the duration of several of its constraints, make inspections more intrusive, and expand its coverage to missiles is attractive in the abstract.
Investment in real estate has also slowed, having increased by just over 1% last year, owing to a number of policy
constraints.
But Trump can’t change the rules of the game singlehandedly; he must work within the
constraints
of the US government’s many mediating institutions and strong system of checks and balances.
Without external constraints, public and private expenditure grew precipitously in many countries on the eurozone periphery, while wages rose faster than productivity.
Low transport and communications costs and freer trade have knitted markets more closely together, implying that this relative decline in the US share of the global economy loosens the link between domestic capacity
constraints
and international pricing.
To the extent that we can identify growth triggers, they seem to be related to relaxing
constraints
that held back private economic activity.
Of course, it is easier to determine these
constraints
after the fact.
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