Domestic
in sentence
5631 examples of Domestic in a sentence
Currency policy highlights the limits of financial globalization by crystallizing the tension between
domestic
agendas and global issues – a tension that both shapes and is shaped by exchange rates.
Although countries have not descended fully into protectionism since the global financial crisis began, difficult economic and labor-market conditions in key countries may force politicians to protect
domestic
markets while trying to gain external competitiveness.
In this environment, focusing only on
domestic
interests is a myopic – and dangerous – approach.
Instead of developing a strategy for Russia’s long-term recovery, Putin has adopted a reactive and opportunistic approach – one that can sometimes succeed, but only in the short term – to cope with
domestic
insecurity, perceived external threats, and the weakness of neighbors.
Moreover, in the case of
domestic
debt, a higher interest rate or risk premium merely leads to more redistribution within the country (from taxpayers to bondholders).
By contrast, in the case of debt owed to foreigners, higher interest rates lead to a welfare loss for the country as a whole, because the government must transfer resources abroad, which usually requires a combination of exchange-rate depreciation and a reduction in
domestic
expenditure.
This distinction between foreign and
domestic
debt is particularly important in the context of the euro crisis, because eurozone countries cannot devalue to increase exports if this is required to service foreign debt.
An even starker example of the crucial difference between foreign and
domestic
debt is provided by Japan, which has by far the highest debt/GDP ratio among OECD countries.
The reason is obvious: Japan has run sizeable current-account surpluses for decades, giving it more than sufficient
domestic
savings to absorb all of its public debt at home.
On the contrary, the larger the fall in
domestic
demand in response to a cut in government expenditure, the more imports will fall and the stronger the improvement in the current account – and thus ultimately the reduction in the risk premium – will be.
One is growing evidence of a housing recovery; the other is the prospect of steadily declining energy-import costs as
domestic
production, particularly of natural gas, continues to rise.
Far more disturbing to German pundits and policymakers is Macron’s desire for Germany to make use of its fiscal capacity to boost
domestic
demand, thereby reducing its massive current-account surplus.
It would also create
domestic
real assets, reducing Germany’s exposure to foreign credit risk.
Rising interest rates, high inflation, and severe policy gridlock amid a spate of government corruption scandals have impeded both foreign and
domestic
investment in India, thus slowing economic growth to a level that is below its potential.
China needs to prepare itself for an economy whose performance is not dependent on exports and low
domestic
wages.
No matter how Morsi attempts to sideline his
domestic
opponents, Egypt is in no shape to ignore the rest of the world.
Later,
domestic
investors were added to the list of suspects, and the Chinese authorities announced a rigorous investigation into the source of short selling.
Whatever his decision, Taiwan’s first DPP president will go down in history as a pathetic failure, because he used his office to divide the island’s citizens, as if his
domestic
political opponents were Taiwan’s mortal enemies.
Unwisely, Chen went out of his way to shut out mainland Chinese capital and to retain barriers to other foreign investors in order to protect the
domestic
businesses of his political allies.
Unlike Japan (and, of course, the United States), France, as a member of a monetary union, cannot pursue
domestic
goals unilaterally.
If established international organizations are no longer sufficiently trusted to carry out this function, the US and Europe may well need new
domestic
arrangements.
As a good lawyer, Obama weighs the pros and cons, aware that it is impossible to do nothing in the Syrian crisis but remaining viscerally disinclined to leap into any foreign entanglement that would distract attention from his agenda of
domestic
reform.
One is that they intervene directly in markets, both
domestic
and across borders, to reduce competition and volatility while they rebuild their buffering capacity.
Unfortunately, Merkel seems to have decided on the second option, because it entails fewer
domestic
political risks.
What Europe needs in this serious crisis are statesmen and women of Kohl’s caliber, not
domestic
politicians!
The latest source of contention - both on the
domestic
front and in relations with the mainland - concerns whether to write a new constitution.
China wants the link defined as
domestic
in nature, with rights reserved exclusively to airlines registered on either side, while Taiwan insists that services be open to foreign competition.
In the face of fierce
domestic
political opposition and an entrenched culture of mismanagement and corruption, the government is bringing about all the reforms asked of it.
After all, the US economy is at or near full employment, and
domestic
demand is growing solidly.
The money being spent on aid today could have a substantially greater impact if it were used to mobilize
domestic
tax flows and private investment in aid-dependent countries.
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