Discipline
in sentence
765 examples of Discipline in a sentence
One option is to abandon fiscal rules and let the market enforce
discipline.
This is why recent proposals, such as the Franco-German Meseberg Declaration on eurozone reform, are based on a compromise: combining some degree of risk-sharing with measures to reduce risk and induce greater market
discipline
by, for example, restructuring debts.
Private-sector activity will not expand without healthy national banks subject to rigorous financial
discipline
and greater supervisory autonomy.
And both make the same economic case for such reforms: to insulate basic banking services from investment banking risks; to make resolution easier and thus more credible; to shield taxpayers from risks that belong in the private sector; and hence to ensure that banks’ risk-taking is subject to adequate market
discipline.
Primakov's battle against corruption, directed primarily against the financial magnate and former minister for relations with the old Soviet nations like Ukraine, Secretary Boris Berezovsky, is sending a clear message: we will punish the guilty and impose
discipline
on rich and poor alike.
Climate science is a subtle and fiendishly convoluted
discipline
that rarely yields unambiguous forecasts or straightforward prescriptions.
Scholars in almost any
discipline
seeking jobs at “A-level” institutions must publish in a select few A-level journals that are seen as gateways.
Nor is it even a fiscal
discipline
issue.
Early on, important states like France and Germany stopped taking seriously the European Union’s Stability and Growth Pact (SGP), which was supposed to guarantee fiscal
discipline
and coordination among the member states.
But fiscal
discipline
must be accompanied by policies that promote growth, without which balanced budgets and debt reduction cannot be achieved.
On the other hand, Europe does have a qualified responsibility in the area of security, where we still can promote an international regulatory and institutional framework that would
discipline
states and bring about greater transparency where global risks like nuclear power are concerned.
The temporary
discipline
imposed by the currency board had masked the absence of crucial reforms.
With no currency board to instill a false sense of discipline, real institutional reform will have to be tried.
Another route Trump could take would be to use the IMF as a proxy instrument to enforce
discipline
on countries with undervalued exchange rates.
Is it because economics as a
discipline
attracts individuals who are by nature more selfish or is it because economics helps shape individuals, making them more selfish?
By contrast, the ECB was a model of rectitude, and its
discipline
helped everyone.
Europeans (and Americans) had advised Asians that they would never be able to enforce
discipline
on themselves, so the monetary, fiscal, and financial-governance mechanisms should be global, not regional.
Instead, it should continue to take the small steps needed to allow market forces to
discipline
workers, corporations, banks, and governments.
If it does, its leaders must
discipline
the party’s radical wing and achieve a unified position on the ultimate draft.
Rather, it is about developing a way of thinking about a
discipline
that reflects a particular perception of how “knowledge” is established, its extent and limitations, how it describes nature, and how it can be usefully applied in a variety of contexts.
Deeper financial market liberalization, it is argued, would better
discipline
the real economy and lead to more efficient capital allocation.
For this, thank the often abused Euro, for it has anchored the once profligate nations of the Mediterranean in German-style monetary
discipline.
One reason is Cameron’s decision to release his ministers from party
discipline
during the referendum campaign.
The good news is that it stayed cold – largely because nuclear weapons introduced a
discipline
missing from previous great-power rivalries – and that the United States, together with its European and Asian allies, emerged victorious, owing to sustained political, economic, and military effort that a top-heavy Soviet Union ultimately could not match.
It also requires more progressive taxation; more short-term fiscal stimulus with medium- and long-term fiscal discipline; lender-of-last-resort support by monetary authorities to prevent ruinous runs on banks; reduction of the debt burden for insolvent households and other distressed economic agents; and stricter supervision and regulation of a financial system run amok; breaking up too-big-to-fail banks and oligopolistic trusts.
And, in my forthcoming book Economics Rules, I criticize economics training for not properly equipping students for the empirical diagnostics that the
discipline
requires.
But the profession’s internal critics are wrong to claim that the
discipline
has gone wrong because economists have yet to reach consensus on the “correct” models (their preferred ones of course).
In June 1871, just after the war ended, the French statesman Léon Gambetta declaimed: “Our adversaries have won, because they rallied to their side foresight, discipline, and science.”
For economies in transition – such as Western Europe in the 1950s-1960s, Asia during the growth miracle of the 1970s-1990s, and China in 1996-2005 – the dollar provided an anchor for the macroeconomic stabilization efforts and fiscal and monetary
discipline
that structural transformation demanded.
China achieved its strongest growth when the renminbi was pegged to the dollar – a system that required steadfast reforms and strict fiscal
discipline.
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