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Discipline in sentence

765 examples of Discipline in a sentence

As long as this combination of factors lasts, the governments of Latin America can maintain fiscal discipline, despite higher spending, as rapid growth translates into greater revenues.
With different tools – including a profound restructuring of its foreign debt – and less discipline, Argentina accomplished a similar fiscal turnaround.
Keynesian demand management was thus displaced by a new understanding – which we owe largely to Friedman – that pursuing fiscal discipline and price stability is the best guarantee of macroeconomic sustainability.
Worse still, because derivatives and repo investors jump to the head of the repayment line in so many ways, they have less incentive to foster market discipline by closely monitoring their counterparties’ solvency and carefully rationing their exposure to any single counterparty.
Usually, we would expect the others to have an interest in more market discipline.
But these rules don’t address the main problem: the weakened incentives for market discipline for core financial institutions.
Eurozone governments will need to serve their citizens rather than some abstract European ideal, and live by the discipline of the ballot box and the market.
Meanwhile, the opacity of capital indicators has made market discipline impossible to impose.
The latter was intended to impose market discipline, and the former, to preserve the stability of public finances by fixing a strict limit on the size of national budget deficits.
The failure to impose market discipline via the no-bailout clause was predictable: in a systemic crisis, the immediate concern to preserve the stability of markets almost always trumps the desire to prevent the moral hazard that arises when imprudent debtors are saved.
But in September 2008, the United States government thought otherwise, and allowed Lehman Brothers to fail in order to impose market discipline.
But market discipline can be established only if default is a true possibility.
These two simple elements – orderly default and a financing mechanism – could resolve the current crisis within the euro zone: by creating a European Monetary Fund along these lines, the euro area would acquire an institution that could support member countries in difficulties, but that would also ensure that market discipline really worked.
Trump’s new chief of staff, retired General John Kelly, could still impose discipline within the White House; but it is all but impossible that he will be able to rein in the president himself.
Isolating Russia would be counter-productive, because its international economic integration is the best discipline on its politics.
Cooperation on matters related to the EU’s Economic and Monetary Union (discipline and solidarity) should be obligatory.
These “Red Bonds” would make borrowing beyond 60% of GDP more expensive, thereby enhancing fiscal discipline and reinforcing the targets set by the Stability and Growth Pact.
Second, countries with high debt levels would welcome this opportunity to control borrowing costs and to commit to stronger fiscal discipline after the current crisis.
Even those countries uncertain about the benefits of enhanced fiscal discipline are likely to consider participation, because markets could interpret refusal as a bad signal.
But, provided that the Blue Bond’s institutional safeguards are sufficiently robust, the countries that stand to gain the most from the scheme’s promise of strengthened fiscal discipline are those that worry most about having to foot the bill for sovereign bailouts – now and in the future.
What Poland needs most is fiscal discipline and market-oriented reforms, including relaxation of the rigid labor laws that are inhibiting job creation.
Economists’ inability to model such rapid, radical change should not be taken as a condemnation of the discipline; it is simply a reflection of the state of our knowledge, and of the fact that the economy is really, really complicated.
RIAs would instill discipline alongside solidarity, by focusing on reforms yielding a high growth dividend that will benefit all eurozone countries.
Moreover, infighting among the Socialists has dented one of their biggest political advantages: the hard-headed discipline and political professionalism inherited from their Communist days.
But restoring trust and credibility requires more than southern discipline.
Unfortunately, the stubbornness of the ECB and the European Commission is now providing ammunition to populist governments in accession countries that are counting on currency appreciation to escape the fiscal discipline that adopting the Euro would imply.
EU countries agreed to limit their fiscal deficits to 3% of GDP to ensure debt discipline under the euro, so that no country could use the new currency to take its neighbors hostage and force them into bailout operations.
That doctrine of hard discipline was abolished in a coup in May 2010, when it was claimed that the world would collapse unless Germany opened its purse.
The new government is re-establishing fiscal discipline and energizing the bureaucracy, fueling optimism that rising business confidence will re-activate investment, particularly in infrastructure.
The PRI demonstrated in this election that it had more money, unity, discipline, and hunger for success than its adversaries.
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