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Fiscal in sentence

6883 examples of Fiscal in a sentence

Postponing fiscal reform, besides being blatantly unfair, simply is not sustainable.
There is no easy path to fiscal sustainability and generational balance.
The hard work of fiscal responsibility seemed at an end.
The primacy of static solidarity is due to an aging population, which, along with slower growth, has led to structural fiscal imbalances.
State institutions should deliver public goods (like defense, justice, and fiscal and monetary policy), society should deliver social goods (like culture, education, and assistance to needy people), and the market should deliver economic goods (which are connected with profits, growth, and employment).
Thanks to the fiscal rules of the Stability and Growth Pact, the euro area achieved its soundest budgetary position in 2007, bringing deficits to their lowest levels in 25 years.
Here, the launch of the European Economic Recovery Plan – the initiative for an EU-wide fiscal stimulus equivalent to 1.5% of GDP, endorsed by the European Heads of Government in December – constitutes a major step forward.
This must now be followed by closer budgetary monitoring, particularly given that fiscal stimulus measures, the economic downturn, and bank rescue plans will take a toll on public finances.
Deeper fiscal surveillance should be matched by broader economic surveillance, especially since current-account imbalances have become more acute during the crisis.
The European Commission is now working on extending the focus of surveillance beyond fiscal policy so that we can identify risks stemming from macroeconomic imbalances or changes in competitiveness and address them before they become entrenched.
Moreover, a substantial amount of US adjustment has taken place since 1982 – for example, the dollar depreciations of 1985-1987 and 2002-2007 and the fiscal retrenchments of 1992-2000 and 2009-2014.
Such preventive measures are all the more important in view of the Great Inflation’s second relevant lesson: fiscal discipline is essential to price stability.
Although its pledge last August to purchase unlimited quantities of short-term government debt has calmed markets, activation of the ECB’s “outright monetary transactions” program is conditional on continued fiscal retrenchment.
On the other hand, it is difficult to imagine that a Thatcher government would have run a loose fiscal policy in the 2000’s.
And Greece has just voted for a new property tax to help close its yawning fiscal deficit.
Everyone who worries about America’s weak fiscal position puts Social Security’s relatively small funding imbalance far down the list of priorities.
In reality, this is more of an opportunity than a problem: if we did not expect that doctors and nurses will be able to do marvelous things in a generation or two that they cannot do now, we would not be projecting serious fiscal deficits arising from the health programs.
The bottom line is that Social Security’s long-term funding difficulty, while real, is projected to be much smaller and much further in the future than any of the nearer, larger, and more significant fiscal problems currently facing the US government.
The first is simple incompetence: Bush and his inner circle simply do not understand the magnitude and importance of the federal government’s other fiscal problems.
Rising debt/GDP ratios cast a pall over fiscal policy, and became the main justification for austerity policies that prolonged the slump.
They created a completely new judiciary and tax system, established fiscal federalism, and introduced an independent central bank, an antitrust agency, and many other institutions.
The kind of fiscal integration and centralized power that they would require do not even remotely resemble those in place in the US.
Since Krugman and I began debating fiscal and monetary policy back in 2009, I have become increasingly alarmed by the way he abuses his power.
Second, Krugman’s claim that a vastly larger fiscal stimulus would have generated a more rapid economic recovery in the US depends entirely on conjecture.
Phrases like “sand in the machine” and “grit in the oyster,” which were pejorative in the prelapsarian days of 2006, are now used to support regulatory or fiscal changes that may slow down trading and reduce its volume.
The most likely explanation for this public investment shortfall is fiscal constraints.
Instead, budget rules should segregate public investment, thereby facilitating a differential response in fiscal consolidation.
Indeed, for commodity-exporting countries, the fall in prices is generating fiscal and economic headwinds of varying intensity.
A growing young population helps to maintain fiscal balance and ensure intergenerational equity, but it does not by itself increase incomes.
But the advanced countries are, to varying degrees, fiscally constrained by relatively high and rising public debt, largely owing to fiscal imbalances that were hidden from view until defective growth models broke down in the crisis of 2008.
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