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Fiscal in sentence

6883 examples of Fiscal in a sentence

Forecasting organizations are finally admitting that they underestimated the fiscal multiplier.
The effect of underestimating the fiscal multiplier has been systematic misjudgment of the damage that “fiscal consolidation” does to the economy.
Forecasters assumed that monetary expansion would provide an effective antidote to fiscal contraction.
There is much greater scope for fiscal stimulus to boost growth, and much smaller scope for monetary stimulus.
Instead, privatization was blocked, while fiscal reforms and deregulation remained paper proposals.
Contrary to popular cliché, PiS’s victory in 2005 did not result from “reform fatigue,” since there were not many reforms implemented in 2000-2005 (except for an ambitious but partially blocked attempt at fiscal consolidation).
In Japan, Prime Minister Shinzo Abe has unleashed a combination of aggressive monetary and fiscal expansion along with promised reforms of the labor market, corporate governance, regulation, and trade.
Counterproductive and excessive fiscal austerity at the federal level has dampened growth this year, but the private sector has proved more resilient than expected.
Under current law, fiscal contraction is slated to ease next year and monetary policy is likely to remain supportive, so most forecasters predict an acceleration of growth.
The current Republican rhetoric in the House of Representatives portends additional fiscal austerity.
The US let its fiscal deficit rise above 10% of GDP, compared to less than 6% of GDP in the eurozone.
Measured over a five-year period (2007-2012), the US has thus not done any better than the eurozone, although it has relied on a much larger dose of fiscal expansion.
But the fact remains that its economy, supposedly the most flexible in Europe, has not recovered from the shock five years later, despite massive fiscal and monetary stimulus, coupled with a substantial devaluation.
Meanwhile, the euro group would pursue far greater fiscal integration, in addition to their current cooperation.
The proposed finance minister, responsible for overseeing fiscal policy in the monetary union, would be responsible to the eurozone parliament.
This system would allow those who do not wish to share monetary sovereignty, or engage in the kind of fiscal cooperation that must eventually come with it, to make that choice.
But, ironically, attention has focused on the fact that some of the investment money was not spent as well as it might have been, and on the fiscal deficit that the downturn and the government’s response created.
We do not have to see eye to eye on fiscal policy to understand that it makes more sense to promote investment than to see our productive structure languish.
But, unwilling to challenge the domestic political consensus on fiscal austerity, Merkel refused to invest in Germany’s future, say, by repairing decaying infrastructure and upgrading educational opportunities.
On the other hand, the review changes nothing concerning the two yawning holes – the twin fiscal and external deficits – in the national accounts.
Such resilience will be tested over the longer run, though, owing to the fiscal and external imbalances, which were unaffected by the data revision.
First, the committee explicitly discussed whether the capital market would suffice to impose fiscal discipline on the currency union’s members, and agreed that a system of rules was needed.
Most important, supervision suggested some potential responsibility to recapitalize problematic banks, and thus involved a fiscal cost.
And, until the outbreak of the financial crisis in 2007-2008 highlighted the connections between financial and fiscal health, no one considered that a problem.
Nevertheless, fiscal rules and common banking supervision are still regarded in many quarters as an illegitimate encroachment on member states’ sovereignty.
Then the Bush administration’s reckless fiscal policy pushed it lower.
Without monetary policy, fiscal policy or supply side reforms, how else can Japan return to growth except by a depreciation-driven export boom?
Europe's leading economies, like Germany, are a fiscal embarrassment.
So the entire fiscal system is a crucial item on China’s reform agenda, especially management of public capital.
Fiscal reform will determine many things: the components of domestic income and demand that will drive structural change on the supply side, the allocation of income and expenditure across levels of government, and the embedded incentives that this allocation implies.
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