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Crises in sentence

2008 examples of Crises in a sentence

In fact, such templates now extend beyond conventional trade issues (for example, agricultural protection) to vast numbers of areas unrelated to trade, including labor standards, environmental rules, policies on expropriation, and the ability to impose capital-account controls in financial crises.
If the world is to make it through its various crises successfully, his legacy must remain alive.
Despite the meltdown in their relationship over Crimea, the US and Russia have continued to work together to negotiate a diplomatic solution to the Iran nuclear issue, and (with China) develop collective Security Council responses to successive crises in Africa.
In debt crises, blame tends to fall on the debtors.
Later still, Hyman Minsky contended that credit creation in a fiat-based monetary economy made economic crises inevitable.
They have a responsibility to prepare for crises, including natural and manmade disasters, more diligently than ever before.
It refers to an enduring peace, which is not easily affected by incidents or accidents and is able to prevent politico-military crises such as that caused by the North’s nuclear program.
Barring another round of deep financial crises, it won’t be – as long as politicians do not stand in the way of the new paradigm of trade, technology, and artificial intelligence.
That decision – and the speed with which it was reached – reflects the insight that the euro area’s institutional framework will remain incomplete until there are clear rules for handling financial crises.
These efforts are, however, almost certainly inadequate to make the EMU resilient enough to withstand future financial crises.
The link between economic and political crises is well known.
In this sense, economic crises are almost bound to undermine political stability.
Having faced successive contamination crises in recent years--first BSE and then hoof and mouth disease--we feel particularly insecure about food.
According to IMF critics, bailouts allowed leaders from Brazil to Turkey to avoid painful but necessary reforms, with the perverse effect of making crises inevitable.
As borrowing costs rose in all emerging markets - regardless of their fundamental economic health - so did the probability of recurrent crises, forming a vicious circle.
Whether moral hazard or globalization hazard, more careful credit rationing by investors could be expected to reduce the recurrence of financial crises.
The causes and forms of these crises differ, but the consequences are almost identical.
During his campaign, Obama demonstrated these skills in his calm response to crises, his forward-looking vision, and his superb organizational ability.
He inherits a global economic crisis, two wars in which US and allied troops are deployed, crises in the Middle East and South Asia, and a struggle against terrorism.
Recent economic history is replete with examples of financial crises: the United States in the late 1980’s;Sweden, Finland, and Norway in 1992;Japan in 1998; and much of the world economy in 2008.
The ways these crises were handled offer important lessons.
A confluence of dollar strength and excessive foreign borrowing caused the debt crises in Latin America and Asia in the 1980s and 1990s.
As developed countries were plunged into debt crises, with shrinking asset values and declining exchange rates, China’s international purchasing power grew.
Meanwhile, the highly indebted emerging economies would face ballooning dollar liabilities, which could cause financial distress and even crises.
Thus, Harvard’s Carmen Reinhart, an authority on global debt crises, believes the Fed will “favor gradualism” to avoid wreaking havoc in emerging economies that are overloaded with dollar debts.
Harvard’s Jeffrey Frankel fears a “possible repeat of previous episodes, notably in 1982 and 1994, when the Fed’s policy tightening helped precipitate financial crises in developing countries.”
To avert financial crises, credit creation by banks needs to be controlled directly or even eliminated altogether, in favor of direct lending to businesses by savers through capital markets.
What neither Friedman nor anyone else anticipated in 1998 was that the first serious downturn following the advent of the euro would coincide with the mother of all financial crises.
The cost may seem significant in a world of rising unemployment rates, with many countries still struggling with ongoing financial and economic crises, and others staring bankruptcy in the face.
Laissez-faire is a recipe for more financial crises and greater political backlash.
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