Domestic
in sentence
5631 examples of Domestic in a sentence
The most successful development stories in economic history – Japan and South Korea – featured significant
domestic
financial repression and capital controls, which accompanied several decades of rapid growth.
Before World War I, capital flowed in one direction: from rich countries with excess savings, such as the United Kingdom, to countries like Australia or Argentina, whose investment needs exceeded
domestic
savings.
But while perfect policy is unattainable, partly effective controls can still play a useful role if targeted at the interface between short-term inflows and
domestic
credit cycles.
The required policy response should integrate
domestic
financial regulation with capital-account management.
Tax instruments and reserve requirements that put sand in the wheels of short-term capital inflows should be combined with strong countercyclical measures, such as additional capital requirements, to slow
domestic
credit creation.
The effectiveness of such measures can be undermined if global banks operate in emerging countries in branch form, providing
domestic
credit financed by global funding pools.
In banking, as in other sectors, investment that combines long-term commitment with skill transfer can be highly beneficial, which implies that foreign banks should be free to compete on the same basis as
domestic
banks.
But, taken together, they can stem the volatility implied by short-term flows and help to smooth out
domestic
credit cycles.
With government policy remaining on course, we should expect a gradual strengthening of endogenous
domestic
growth drivers in emerging economies, anchored by an expanding middle class.
Emerging economies still need to manage better their growing
domestic
tensions, which reflect rising income inequality and uneven access to basic services.
A failure on this front would derail their strengthening
domestic
and regional growth dynamics.
Political and policy narratives are becoming more
domestic
and narrow, while the international agenda and the pursuit of collective common global interests are having greater difficulty being heard.
Of course, much of this is intended for
domestic
consumption – a way to mobilize public opinion behind authoritarian rulers.
The catch-up process also takes place within countries, as labor moves from low-productivity rural activities to higher-productivity urban activities, and as low-productivity firms in all sectors emulate their more advanced
domestic
counterparts.
The country hasn’t had a president for two years, as rival political factions, reflecting the rising enmity between their Iranian and Saudi Arabian backers, are weakening
domestic
governance.
If, however, central banks can contain
domestic
and global inconsistencies long enough, the combination of endogenous healing and eventual political progress would significantly improve the probability distribution.
But many developing countries are constrained by a lack of investment demand, not a shortage of
domestic
saving.
As Brazil, Colombia, South Korea, and others have learned, limited controls that target specific markets such as bonds or short-term bank lending do not have a significant impact on key outcomes – the exchange rate, monetary independence, or
domestic
financial stability.
Developing
domestic
institutions and appropriate incentives in a broad range of other areas that are relevant for social inclusion will be vital to improving living standards, while reinforcing the growth process itself.
This effort – which has so far entailed the creation of the 36-member Constitution Drafting Committee (CDC) and the 250-member National Reform Council to help write the new constitution – marks the third key factor influencing
domestic
politics over the past year.
At that point, the Thai people, buffeted by
domestic
polarization and regional challenges, will have to muster their once-famous negotiation skills to achieve a workable compromise based on their shared interests.
In many countries, businesses, small and large,
domestic
and foreign, pay bribes to officials.
But the death of Sultan, at 86, marks the beginning of a critical period of
domestic
and foreign uncertainty for the Kingdom.
International conflict will be driven primarily by a
domestic
politics increasingly defined by status anxiety, distrust of institutions, and narrow-minded nationalism.
For the US, the biggest concern seems to be so-called forced technology transfer – that is, the requirement that foreign companies share their intellectual property with a
domestic
“partner” in order to gain access to the Chinese market.
New tariffs that made imports more costly and that shifted demand toward
domestic
goods would require offsetting effects in a near-full-employment economy in order to shift demand back to foreign sources.
When Washington, for
domestic
reasons, changed its mind and pressed Nato expansion, the Chancellor had no choice but to consent.
But now a confluence of global and
domestic
forces is starting to push inflation higher and should continue to do so for some time.
In economic terms, that means broadening the assessment of inflation risks from a focus on
domestic
“output gaps” – the difference between actual and potential (or full employment) GDP – to the global output gap.
While this new strain of global pressures on US inflation reflects the impact of aggressive trade policies on GVCs, the
domestic
pressures stem from a more familiar source: an extremely tight labor market.
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