Fixed
in sentence
1464 examples of Fixed in a sentence
Not only is the Pact's
fixed
3% limit for the ratio of budget deficit to GDP arbitrary, but it also ignores the fact that when an economy slows, deficits increase automatically.
Founded in 1944 and financed by its member governments, the IMF was designed as a type of insurance arrangement to support a system of
fixed
exchange rates based on the American dollar and, ultimately, on gold.
Today, with no
fixed
exchange rates to defend, the raison d' tre for the IMF has vanished.
They are not imported and cannot be
fixed
merely by changing the dollar's value.
The same charge has dogged China, which, with its spectacular export-led growth, record official purchases of US assets, and
fixed
(or semi-fixed) exchange rate, today continues to dominate discussion of global imbalances.
There is a simple fix to this problem – require money-market funds to show the actual floating value of their assets, so that everyone understands that it is not a
fixed
number.
Inevitably, this crisis – manifested, under a
fixed
exchange-rate system, through bond spreads – threatens to take down debtors indiscriminately, be they governments, banks, or households.
Abandoning "convertibility," i.e. a
fixed
exchange rate system, was supposed to be a disaster - and it was.
In the early 1970’s, when the
fixed
exchange-rate regime came to an end, the IMF seemed to have outlived its function.
What are the policy priorities, and how should they be
fixed?
But
fixed
exchange rates often lead to undervaluation (as in China) or overvaluation (as in Argentina at the beginning of the 2000’s, and, in a different context, several eurozone countries now).
And floating and
fixed
exchange-rate regimes coexist uneasily, because volatility tends to affect the floating currencies (often the euro, and recently the Latin American currencies).
Like all investments in human or
fixed
capital, there may be diminishing returns at high levels.
But we need to remind ourselves that housing investment accounts for about 30% of China’s total
fixed
investment, with much of the rest directed toward infrastructure – that is, long-term, durable public infrastructure investments– including subways, railways, highways, urban public facilities, and the national water system.
And to claim that something as diverse, and sometimes vague, as a religious faith can be pinned to a
fixed
ideological position, because of certain ancient texts, is utterly misleading.
The Twilight of Angela MerkelBERLIN – Amid all the crises and upheavals that have battered the European Union over the past decade, one
fixed
point has been the stolid, stable government of German Chancellor Angela Merkel.
The only difference is that, if exchange rates remain fixed, advanced countries will have to go through a protracted period of low inflation (or even deflation), which will make their debt burden even harder to bear, and emerging countries will have to enter an inflationary period as capital flows in, driving up reserves, increasing the money supply, and ultimately boosting the price level.
(Although national currencies remained in circulation until 2002, exchange rates were “irrevocably”
fixed
from 1999.)
As investors fled the country because of fear of devaluation (in a period in which the Argentine Government was promising never to devalue the peso,
fixed
at one-to-one with the US dollar), interest rates rose and bank deposits fell.
It does not, and this is what economists call the “lump of labor fallacy” – the idea that handing out pensions frees up employment for younger people, as if there were a
fixed
number of jobs to go around.
Bond investors’ heavy reliance on credit-rating agencies, which tend to be laxer with powerful issuers, has not been
fixed.
Back then, the demise of the Bretton Woods system of
fixed
exchange rates had left central bankers exposed to political pressure in favor of more expansionary policies and even monetary financing of fiscal deficits.
Even before the international system is fixed, a measure of self-help is possible.
Three of them--Estonia, Latvia, and Lithuania--have currency boards or a
fixed
exchange rate with the Euro, as does Bulgaria, which is expected to enter the EU in 2007.
However, people throughout the developing world frequently lack proper identification, a
fixed
address, or a formal employer.
Upon the launch of
fixed
rates -- which will formally occur in early 1999, but in fact will begin in mid-1998 -- EMU will lead to efficiency gains in financial markets.
When there is no yield in
fixed
income, even the most conservative pension funds pile into risk assets, driving prices higher and higher.
When the Bretton Woods system of
fixed
exchange rates collapsed in the early 1970’s, some thought that the dollar’s importance as an international reserve currency would wane.
Like almost everything else in social life, the relationship between equality and economic performance is likely to be contingent rather than fixed, depending on the deeper causes of inequality and many mediating factors.
Convinced that the Japanese would attack from the sea, the British defenses were encased in impenetrable concrete bunkers, with
fixed
artillery that could fire only to the south.
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