Imbalances
in sentence
916 examples of Imbalances in a sentence
But it is worrying that the solution to Europe’s internal
imbalances
hinges on the continued unfavorable perception of the eurozone’s ability to address its problems.
The answer depends crucially on how each country and the international community respond to key policy challenges: addressing global
imbalances
through macroeconomic policies and long-overdue reform; meeting the costs of aging populations; strengthening defenses against economic and financial crises; and delivering on the pressing imperatives of poverty reduction.
One priority is to reduce global payments
imbalances.
Global
Imbalances
without TearsCAMBRIDGE – Doctors have long known that it is not just how much you eat, but what you eat, that contributes to or diminishes your health.
So, with policymakers and pundits railing against sustained oversized trade imbalances, we need to recognize that the real problems are rooted in excessive concentrations of debt.
If G-20 governments stood back and asked themselves how to channel a much larger share of the
imbalances
into equity-like instruments, the global financial system that emerged just might be a lot more robust than the crisis-prone system that we have now.
Worse still, even as the G-20 talks about finding a “fix” for global imbalances, some of the policy changes that its members have adopted are arguably exacerbating them.
Of course, even if the composition of international capital flows can be changed, there are still many good reasons to try to reduce global
imbalances.
It has been shown, for example, that vaccinated children not only do better at school, but also that, through the prevention of damage that can be caused by infectious diseases and resulting nutritional imbalances, they appear to benefit in terms of cognitive development.
Created after WWII to finance temporary
imbalances
of the members of a fixed-exchange rate system, the IMF has been in search of a cause since the demise of the dollar exchange-rate system in 1971.
At the global level, it requires a better distribution of growth across countries, in order to prevent destabilizing
imbalances.
Third, trade reforms can help smooth international macroeconomic fluctuations and contribute to an orderly resolution of global
imbalances.
A successful Doha Round would thus complement the international collaborative efforts underway, with IMF involvement, to tackle external
imbalances
among the major economies.
The bottom line is that large sustained external
imbalances
are something that global policymakers do need to monitor closely, because, as the US housing bust showed, they can be an indicator of problems that need to be investigated more deeply.
Without agreements on the conditions of such exploitation there will remain
imbalances
of living conditions and the persistence of rival claims with their potential for future conflicts.
Today, it is preparing retaliatory legislation against China in response to pressure from many in the US who argue that an artificially weak renminbi is contributing to global imbalances, in particular to America’s massive bilateral trade deficit.
Like Japan in the 1980’s, China must defend itself from US claims that the renminbi’s weakness is the source of the
imbalances
between the two countries.
Imagining a New Bretton WoodsAUSTIN, TEXAS – The financial meltdown of 2008 prompted calls for a global financial system that curtails trade imbalances, moderates speculative capital flows, and prevents systemic contagion.
But there is no reason why an ICU cannot be designed with variable exchange rates and simple, automated rules which minimize politicians’ and bureaucrats’ discretionary power, while preserving the benefits of Keynes’s original idea for keeping global
imbalances
in check.
To exploit the scheme’s full potential for keeping
imbalances
in check, two stabilizing transfers would be introduced.
Foreign-exchange markets will factor this in, adjusting exchange rates faster in response to current-account
imbalances
and canceling out much of the capital flows which today support chronically unbalanced trade.
But there is also keen awareness that the EU’s hope for a special relationship with Brazil must not be allowed to hinder regional integration or worsen asymmetries and
imbalances
within the bloc.
Moreover, the deficits would mean higher interest rates and continued international
imbalances.
In fact, however, exchange rates will change – and need to change in order to shrink the existing trade
imbalances.
Saving
imbalances
can also lead to destabilizing international capital flows, asset bubbles, and financial crises.
That was the case in the run-up to the financial crisis of 2008-2009, when global saving imbalances, as measured by the disparities between countries with current-account deficits and surpluses, hit a modern record.
The asset and credit bubbles fueled by those
imbalances
brought the world to the brink of an abyss not seen since the 1930s.
Indeed, despite massive
imbalances
and huge disparities in the level of private and public debt across the euro area, interest-rate spreads on government bonds disappeared in the run-up to the crisis.
Where structural policy is concerned, we need a better architecture for overseeing and safeguarding individual countries’ competitiveness, and for eliminating
imbalances.
The higher the risk, the more binding the recommendations for the reduction of imbalances, the stricter the surveillance of how well appropriate measures are implemented, and the harsher the possible sanctions for continued rule violations.
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