Discipline
in sentence
765 examples of Discipline in a sentence
Those who not only tolerated but actively encouraged the excesses of countries like Latvia – by making eventual euro adoption a precondition for European Union membership, and promising that it would produce only growth, prosperity, and
discipline
– are those who should be chased by the blame game.
The existence of alternatives to the dollar will mean that the issuers of internationally used currencies will feel market
discipline
earlier and more consistently.
Thanks to an environment favorable to export-oriented firms and, most notably, to wage discipline, Germany began to post significant balance-of-payment surpluses.
These include greater fiscal
discipline
in the US, greater reliance on domestic demand in both Europe and Asia, and more flexible exchange rates in Asia.
Fed purchases of government securities have tempered market-based
discipline
of federal spending.
Instead, the conference was heavily attended and influenced by bioethicists, whose
discipline
Harvard University’s Steven Pinker characterized (correctly, in my experience) as “fetishizing sweeping rubrics such as dignity, equity, social justice, sacredness, privacy, and consent at the expense of the health and lives of actual people.”
Meanwhile, senior Chinese officials have taken to enforcing political
discipline
within the Chinese Communist Party.
Last June, Zhang Yingwei, Head of the CCP’s
discipline
inspection office at the Chinese Academy of Social Sciences (CASS), said that the institution – China’s most prestigious government-run think tank – had been “infiltrated by foreign forces” and “was conducting illegal collusion at politically sensitive times.”
Zhao Shengxuan, Vice President and Deputy Party Chief of CASS, responded by pledging that the Academy would “treat political
discipline
as a criterion of the utmost importance in the assessment of academics.”
At home, Sarkozy has aimed his message particularly at the young, issuing a patriotic call to the values of work and discipline, a counter-revolutionary revolution.
In terms of values, Royal, too, seems to represent a rupture with May 1968, with her emphasis on
discipline
and family.
If the deficits are monetized by central banks, inflation will follow the short-term deflationary pressures; if they are financed by debt, the long-term solvency of some governments may be at stake unless medium-term fiscal
discipline
is restored.
In the past, gold had been the anchor of monetary stability and financial discipline, even if it was deflationary.
They should begin by reforming the property-rights regime to enable market forces to balance the supply and demand of savings and investments in a manner that maintains credit
discipline
and transparency.
In this vision of a New European Economy, wage
discipline
will be stunning.
Indeed, the need to compensate bondholders for risks could provide market discipline: when financial firms operate in ways that can be expected to produce increased risks down the road, they should expect to “pay” with, say, higher interest rates or tighter conditions.
But this source of market
discipline
would cease to work if the government’s protective umbrella were perceived to extend to bondholders.
Fourth, it is difficult to overestimate the importance of fiscal
discipline
to longer-term growth.
Given the fiscal legacy of the current crisis, no efforts should be spared in anchoring fiscal
discipline
firmly in European Union countries.
The strategy was based on the presence of “entrenching” governance provisions, such as a classified board or a poison pill, which insulate managements from the
discipline
of the market for corporate control.
The good news is that growing
discipline
seems to be pushing out low-return investment.
At the same time, they are still far from being able either to exert leadership or introduce more
discipline
themselves.
Bill Clinton’s administration began with a lack of discipline, a failed attempt at health-care reform, and a loss for the Democrats in the 1994 midterm elections.
This suggests that macroeconomic policies, though necessary, are insufficient without parallel institutional reforms in planning, regulation, and bankruptcy procedures to enforce credit
discipline
for all borrowers, regardless of whether they are in the private sector or state-owned.
They use their
discipline
as a kind of mental hygiene to protect against the grossest errors in thinking.
They don’t even read the classics of their own
discipline.
The creation of the euro is nothing but an extreme form of commitment: European governments tried to lash themselves to the German mast of fiscal
discipline.
For southern European countries, joining the euro was – explicitly or implicitly – a way to force their citizens to accept a degree of fiscal
discipline
that they were incapable of adopting on their own.
With national elections approaching, India’s government cannot afford to sacrifice these benefits, especially at a time of rising skepticism about its ability to maintain fiscal
discipline
and implement difficult reforms.
The prevailing view when the euro was established was that all that was required was fiscal
discipline
– no country’s fiscal deficit or public debt, relative to GDP, should be too large.
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