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Hazard in sentence

235 examples of Hazard in a sentence

By contrast, the Bank of England’s reluctance to provide liquidity – because of concerns about “moral hazard” – was a poor choice.
Eurobonds, for example, would not only create moral hazard; “taxation without representation” would also violate a fundamental tenet of democracy and undermine support for the European idea.
Marine debris causes the death by drowning, suffocation, or starvation of some one million seabirds and around 100,000 marine mammals (seals, whales, and dolphins) every year, not to mention the hazard posed to shipping by sea junk.
That crisis was attributed not to instability in the financial markets and the lopsidedness of the system, but to the "moral hazard" introduced by IMF bail-outs.
Moral hazard has been curtailed but the risks of investing in emerging markets increased.
The higher the degree of a democracy's illiberality, the higher the degree of corruption, moral hazard, opportunism and rent seeking behaviour; the more corrupted the economy, the more stunted democracy is likely to be.
That created a system of asymmetric incentives – also know as moral hazard – which encouraged ever greater credit expansion.
The resulting moral hazard would encourage another bout of exuberant lending, which led to further financial crises in developing countries in the subsequent decade.
To deal with standard moral hazard objections, the new facility would require that countries pre-qualify by demonstrating sound domestic policies.
This creates moral hazard, as banks, looking for big shareholder gains, become lax in managing what effectively becomes the public’s money.
But I agree with Fed Vice Chairman Donald Kohn that it is not wise to focus on teaching financiers lessons about moral hazard when doing so risks collateral damage in the form of the destruction of millions of jobs.
The argument against is moral hazard: If we admit that modest ECB-financed deficits are possible and appropriate now, what will prevent politicians and electorates from demanding large and inflationary ECB-financed deficits on other occasions?
Since there is no attribution in countries’ fiscal accounts of income from products linked to natural resources, we can only hazard a reasonably informed guess about how that spending was allocated.
This cozy relationship created a “moral hazard” in Pakistan, as the generous flow of US aid insulated the government and military from any sense of urgency about economic reform: some foreign friend would always rescue the country from its perennial shortage of cash.
The idea of bringing back debtors’ prisons may seem far-fetched, but it resonates with current talk of moral hazard and accountability.
If there is a moral hazard, it is on the part of the lenders – especially in the private sector – who have been bailed out repeatedly.
In order to eradicate moral hazard, the system must have a resolution procedure to close banks when their capital falls below a minimum threshold.
The failure to impose market discipline via the no-bailout clause was predictable: in a systemic crisis, the immediate concern to preserve the stability of markets almost always trumps the desire to prevent the moral hazard that arises when imprudent debtors are saved.
The broader lesson should be clear: when a natural hazard wreaks havoc on a power grid, there is a high potential for cascading impacts on dependent systems, such as banking and finance, government services, transport and communications, and drinking water.
Withdrawing all or part of the relief in case of nonperformance would be a powerful protection against moral hazard.
Both were privately owned but had an implicit government guarantee from taxpayers, a classic case of moral hazard.
The first hazard is a breakdown of the rules of the game.
Fourth, the spirit of the Maastricht rule on public debt would be reinforced, and moral hazard would be reduced.
Migrant source countries should have national disaster risk assessments (so that they can plan for potential losses), comprehensive hazard maps, and disaster early-warning systems to reassure their citizens.
Moral hazard exists in all systems in which the state ultimately absorbs the risks of private citizens.
But, whether any particular system is efficient in avoiding moral hazard is a matter of practice, rather than of theory.
If the ethical values in Islamic finance – grounded in sharia religious law – can further deter moral hazard and the abuse of fiduciary duties by financial institutions, Islamic finance could prove to be a serious alternative to current models of derivative finance.
The problem of “moral hazard” – which posits that actors will take excessive risks if they do not expect to bear fully the consequences of their actions – is commonly cited as a reason not to protect shareholders of bailed-out firms.
At the core of preventing another banking crash is solving the problem of moral hazard – the likelihood that a risk-taker who is insured against loss will take more risks.
The danger unleashed by sweeping away the Glass-Steagall barrier to moral hazard became clear after Lehman Brothers was allowed to fail in September 2008.
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