Flexibility
in sentence
659 examples of Flexibility in a sentence
Life would be a lot easier today if China had moved to a much greater degree of exchange-rate
flexibility
back when the going was good, as some of us had advised for more than a decade.
But how does a country of India's size and diversity go about achieving the
flexibility
that integration into the world economy requires?
Multi-polarity promises capital mobility and exchange-rate
flexibility
between the poles, as well as the development of a liquid market for benchmark bonds in each region.
Allowing for
flexibility
while avoiding fragmentation is now a well-established approach within the EU.
These include an enabling policy environment, in which the government is supportive and sets clear goals for education sector reform; vocal backing for these changes from strong political champions; wide stakeholder engagement, especially in the design and implementation phases of the reform; decentralization of authority for education;
flexibility
on the part of donors; and the ability to measure the changes’ impact on youth employment and entrepreneurship.
To be on the safe side, host countries often try to limit immigration to skilled workers, because they join segments of the labor market in which sufficient downward wage
flexibility
provides immigrants with additional jobs.
Moreover, China must increase the
flexibility
of land and labor markets.
Waivers and state
flexibility
in Medicaid are at the heart of the fractious political showdown over health care.
In the wake of the resulting collapse of export receipts and budget revenues, OPEC adopted a new approach, based on a modernized production agreement with two key features: greater
flexibility
for countries facing especially complex internal conditions (such as Libya) and the inclusion of non-OPEC producers, particularly Russia.
Democracy may be imperfect, but compared to other arrangements it remains the best instrument for adapting to the world with
flexibility
and efficiency.
By incurring debt, states trade an element of sovereignty – the
flexibility
to alter course over time in response to the electorate’s demands – for the ability to fund expenditures without being compelled to navigate the political minefield of raising taxes.
A group of countries characterized by economic openness, trade and financial market integration, similar economic structures, price and wage flexibility, labor mobility and other factors of production may, according to this view, form an optimum currency area (OCA).
The candidate countries also display greater
flexibility
of nominal prices and wages.
Under union pressure,
flexibility
and competition gave way to a high cost/highly restrictive employment system.
Outgoing US Federal Reserve chairman Alan Greenspan preaches
flexibility
as a way of dealing with globalization.
So why doesn’t the public accept this need for flexibility, which, in the end, is what market-based economic liberalization is all about?
Instead, each member state has grabbed whatever measure of
flexibility
assists its own immediate economic recovery.
Indeed, that is the key condition: labor-market
flexibility
on the way down as much as on the way up.
The resulting
flexibility
should, in theory, make it easier to find ways to ensure that cooperation works for all.
Reforms aimed at increasing an economy's
flexibility
are always hard – and even more so at a time of weak growth – because they require eliminating protections for vested interests in the short term for the sake of greater long-term prosperity.
The European Commission’s recent decision to grant member states some
flexibility
for productive public investment linked to EU structural funds is a welcome step in this direction.
He has vowed to lower the corporate tax rate from 33.5% to 25%, cut 120,000 civil service jobs, keep the government deficit below the EU limit of 3% of GDP, and increase labor-market
flexibility
(a euphemism for making it easier for firms to fire workers).
Without either greater fiscal
flexibility
or transfers from the rest of the eurozone, France is unlikely to get out of its employment funk soon.
Firms need more
flexibility
to adjust their payrolls in adverse economic conditions; and workers need more security, provided by better training and active labor-market policies.
But the decreased
flexibility
in response to economic shocks will certainly test it.
Second, there is little
flexibility
– European policymakers cannot overcome the crisis if they do not eliminate the currency problem and the resulting default risk.
It also became the currency of the Finns, runners-up in innovation and market flexibility, and of Italy, which lacked both, earning the apt moniker “the sick man of Europe.”
International collective action requires rules, because
flexibility
and goodwill alone cannot tackle hard problems.
Part of the explanation for the higher esteem in which the IMF is now held is its recent display of intellectual
flexibility
– a rare virtue for a big, lumbering bureaucracy.
The second battle involves long-run structural issues: slowing the growth of government spending, reforming taxes, and increasing labor-market
flexibility.
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