Discipline
in sentence
765 examples of Discipline in a sentence
So, too, are signs of newfound policy
discipline
– such as a central bank that seems determined to wean China off excessive credit creation and fiscal authorities that have resisted the timeworn temptation of yet another massive round of spending initiatives to counter a slowdown.
That would require some agreement about appropriate “equilibrium” exchange rates, with a fairly wide band that would allow for uncertainty and permit the market to exert its own
discipline.
But while governments dictated broad sectoral priorities, banks decided the firm-by-firm allocation and extended credit via loan contracts, which imposed financial
discipline.
Officials seem worried that a larger public role might undermine financial discipline; in other words, like the advanced economies before 2008, they assume that dangers to efficiency and stability result solely from an overactive state.
As that day approaches, are member governments changing their ideas about what
discipline
will determine the euro’s value?
Later, the NTC was unable to impose
discipline
on the myriad militias that formed to fight Qaddafi’s troops, or even to direct foreign weapons efficiently to the fledgling Libyan National Army.
The recent installation of retired Marine Corps general John Kelly, formerly Trump’s Secretary for Homeland Security, as Chief of Staff, replacing the hapless Reince Priebus, has reduced some of the internal chaos and induced a bit more
discipline
in Trump’s behavior.
Keen Trump observers expect that he’ll soon begin to chafe under the
discipline
Kelly has encouraged.
Fiscal
discipline
remains essential, as are deep structural reforms.
For example, while a fully floating currency would create a beneficial combination of
discipline
and flexibility, it might best be delayed in favor of an adjustable (“crawling”) peg to some anchor currencies.
If the public is to support such a shift toward discretion over rules, however, the system of fiscal governance for the eurozone members must be subject to real market
discipline.
Only then can the eurozone achieve a stabilizing compromise between market
discipline
and any move toward even limited risk sharing.
A new set of rules – with the goal of strengthening market
discipline
– would also provide incentives for diversification.
One such idea also envisages the creation of sovereign-debt backed collateralized debt obligations While CDOs would not require any joint guarantees, they would help to enforce market discipline, while making it easier for the European Central Bank to implement monetary policy.
Cheap money from abroad juiced an already fragile financial regulatory and supervisory structure that needed
discipline
more than cash.
For example, when the Delors Committee prepared its report in 1988-1989 on how a monetary union could be established in Europe, experts devoted considerable attention to the issue of whether market pressure would suffice to
discipline
states.
Nor can one argue that Brazil’s government under President Lula has not been characterized by moderation, following a more orthodox economic policy even than that of its predecessor, one based on fiscal discipline, budget surpluses, and an anti-inflationary monetary policy.
The Pact's objective - to enforce fiscal
discipline
in countries that share the same currency - is worthy.
The challenge, therefore, is to combine long-run
discipline
with short-run flexibility.
With the NTC unable to impose
discipline
on its soldiers, such violence is likely to increase as army soldiers and militias evacuate Qaddafi strongholds.
A few, like Germany, had built deep economic and financial resilience through years of fiscal
discipline
and structural reforms.
Europe's states have been able to achieve this
discipline
primarily because they are democracies.
Last May, Higgins told economics students at the University of Chicago that they were studying a deformed discipline, torn from its ethical and philosophical roots.
That would impose tough fiscal discipline, indeed.
Fourth, in recent years the lack of fiscal
discipline
has been costly for the Indian economy, as excessive demand arising from large deficits translated into stubbornly high inflation and was partly responsible for large current-account deficits.
Fiscal
discipline
should be a priority, not an afterthought.
The second problem is imposing
discipline
on national policies in order to preempt the temptation to export domestic inflation or unemployment.
Under the gold standard,
discipline
was automatic.
Since the G-20’s meeting at Cannes last November, for example, Europe has increased its financial firewalls by €200 billion ($252 billion), restructured Greek debt, taken steps towards strengthening its banks and banking regulations, established rules for fiscal discipline, and implemented a range of labor- and product-market reforms.
In the QE era, monetary policy has lost any semblance of
discipline
and coherence.
Back
Next
Related words
Fiscal
Would
Market
Their
Which
Countries
Financial
There
Other
Policy
Governments
Monetary
Impose
Economic
Could
Markets
Government
While
Should
About