Flexibility
in sentence
659 examples of Flexibility in a sentence
Their greater currency flexibility, however, did not prevent the recessionary impact of the Asian and Russian crises of 1997-98, and Colombia did experience a financial crisis in 1999.
A second lesson is the importance of
flexibility.
In the 1990’s, when hard pegs were in vogue, it was believed that
flexibility
reduced credibility.
Yet, in the end, credibility collapsed because of the lack of
flexibility.
Now, in a low-inflation environment,
flexibility
is properly regarded as an important tool to avoid misalignments and to shield economies from external shocks.
But
flexibility
is not a synonym for “pure” floating.
In a highly integrated world of highly volatile prices and volumes,
flexibility
also implies the capacity to intervene and actively manage the exchange rate.
There is little doubt that substantial foreign reserves, together with the
flexibility
to float and intervene, have mitigated the impact of the recent crisis on Latin America, and contributed to its emergence as one of the best-performing regions in an era of deep uncertainty elsewhere.
Advocates of greater labor-market
flexibility
insist that paying employers to hire young people is the wrong approach.
The challenge, therefore, is to combine long-run discipline with short-run
flexibility.
In addition to favoring a long-term perspective, this governance structure would also answer some of the questions that arise with increased
flexibility.
Manufacturers, on the other hand, have more
flexibility
in this regard, because, even for energy-intensive manufacturing, oil is still only one small part of a company’s larger cost structure.
I also expected to hear from business representatives about whether my proposed solutions – greater workplace flexibility, ending the culture of face-time and “time machismo,” and allowing parents who have been out of the workforce or working part-time to compete equally for top jobs once they re-enter – were feasible or utopian.
Its features are greater openness and
flexibility
in negotiations, and clearer incentives for aspiring members to move closer to the political, economic, and institutional standards of the EU.
This new
flexibility
provides an incentive to reform as fast as possible, and the Commission explicitly contemplates a competition of sorts: some countries may be able to catch and leapfrog the early leaders, who may be delayed if they slacken their efforts.
Structural reforms that increase labor-market
flexibility
and reduce red tape and related obstacles to new business formation must also be implemented.
He also hinted at more
flexibility
in negotiations with the United States.
Countries’ degree of labor-market
flexibility
varies considerably, and the reforms that increase it are critically important.
For example, the German reforms of 2003-2006 increased
flexibility
significantly (though in a more benign global and eurozone setting).
In principle, with a healthier financial system, Japan’s economy would have had more
flexibility
to meet these challenges to its productivity growth.
Its Articles of Agreement were renegotiated by the US, which was looking for more flexibility, and France, which wanted something of the solidity and predictability of the old gold standard.
This would give more
flexibility
on budget deficits to countries that are making progress towards meeting the agenda's reform targets.
In a demand-constrained regime, recent measures to increase labor-market
flexibility
– and thus facilitate the lowering of wages by employers – will not result in faster growth.
Some
flexibility
in the use of EU funds was already introduced during the crisis, when member states were allowed to readjust their agreed Operational Programs.
This calls for generosity from the EU and
flexibility
from Moscow.
These economies will benefit from increased monetary-policy agency and
flexibility.
Medvedev seems less fearful of NATO than his semi-paranoid predecessor, but Putin has in the past shown surprising
flexibility
on some strategic issues.
The existing paradigm serves to rigidify decision-making at a time when extraordinary
flexibility
and rapid change are essential.
Economic growth since the Orange Revolution reinforces that reluctance, because an expanding middle class nearly always prefers the
flexibility
of pluralism to the thump of an authoritarian's fist.
While individual countries obviously lack currency
flexibility
in a monetary union – one of Europe’s most obvious and important differences from Asia in the late 1990’s – there is nothing to prevent a depreciation of the euro from boosting pan-regional competitiveness.
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