Instruments
in sentence
970 examples of Instruments in a sentence
Such glib explanations miss the point:1.Surveys show that the public does not want to go back to the old regime, and that left-wing parties are not deemed
instruments
to undo market reforms.
Neither the US public nor Congress has proven willing to invest seriously in the
instruments
of nation building and governance as opposed to military force.
The financial sector has since made every effort to design
instruments
that protect against price fluctuations, to transform private debt into tradable financial securities, and to gain access to speculative markets.
Furthermore, the PBC uses unconventional
instruments
from time to time, such as “credit ceilings” or “credit quotas” imposed on commercial banks.
At the same time, the eurozone must be equipped with the
instruments
needed to restore stability and prevent the recurrence of crisis conditions.
Even so, a military alliance without exercises is like an orchestra without
instruments.
The “Volcker shock” created a triple whammy: the US entered a deep recession; commodity prices plummeted; and Latin America’s capital inflows abruptly reversed, shifting toward US dollar-denominated
instruments
that offered better yields.
Unless the world is content to watch the carnage continue, the Syrian regime and its
instruments
of oppression must be removed.
Nowadays,
instruments
of mass destruction are smaller, cheaper, and more readily available.
That is especially true for those who design financial
instruments
for impact investing.
And the EU remains the only organisation that can call on a full panoply of
instruments
and resources that complement the traditional foreign policy tools of its member states, both to pre-empt or prevent a crisis and to restore peace and rebuild institutions after a conflict.
True, financial recklessness remains a risk, but this is why regulatory
instruments
have been added to the policy toolbox.
Most notably, eurozone countries have faced powerful asymmetric shocks, to which their lack of independent monetary-policy
instruments
made it virtually impossible to respond.
Reintroducing the national currency in order to depreciate it, but leaving the euro value of other financial
instruments
untouched, would destroy balance sheets and wreak financial havoc.
The alternative – converting those other
instruments
into the new national currency – would tie up the offending country in litigation for years.
Eurozone authorities may claim that a Greek exit no longer poses a systemic risk, given the introduction in recent years of various
instruments
for fighting financial crises, including government-backed rescue funds, a partial banking union, tougher fiscal controls, and the European Central Bank’s new role as lender of last resort.
The EU is not deprived of
instruments
– the so-called “structural funds” that finance investment in poorer regions – but it does not have a strategy to use them.
The real issues, in any case, are distributional and reflect a shortage of policy
instruments.
Weaknesses in governance may affect the
instruments
of industrial policy, but not its use.
But the benefits of such incentives for pharmaceutical companies would far exceed the cost of the actual R&D pursued; they would be
instruments
to funnel public funds into private hands – the very hands that caused the problem.
Prohibiting the Chinese authorities from buying US debt would, of course, be tantamount to imposing capital controls, thereby breaking China’s monopoly on such
instruments.
National tax policies will also need to be tweaked, to prevent discrimination against Islamic financial
instruments.
The World Bank Treasury has issued a variety of Islamic financial instruments, including two Sukuk (bonds that meet Islamic strictures on interest), which have raised $700 million.
And, indeed, work is already underway to address how waqf (charitable endowments), zakat (the obligatory alms tax), and a variety of Islamic financial
instruments
can be channeled effectively and efficiently to meet humanitarian needs.
Yet the global resources and
instruments
needed to manage (if not avert) the next crisis have not been secured.
Certainly, one will not be found in more United Nations resolutions, which is why US President Barack Obama is now believed to favor a “managed transition” in Syria that would not fatally erode the existing
instruments
of the Syrian state.
Not surprisingly, American firms prefer to leave those profits abroad, either in financial
instruments
or by investing in new or existing subsidiaries.
When standard global public health
instruments
proved insufficient, for example, we built the Global Fund to Fight Tuberculosis, AIDS, and Malaria.
Indeed, secondary transmission by blood transfusion or surgical
instruments
might even result in variant CJD becoming endemic in the UK population.
This would prove impossible to eradicate in the absence of improved means of cleaning and decontaminating surgical
instruments
and a specific test – preferably based on a blood assay – to screen asymptomatic carriers.
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