Mandate
in sentence
833 examples of Mandate in a sentence
According to that view, investors punish profligate states by demanding higher interest rates to hedge against the likelihood of inflation; so the best way to ensure low borrowing costs is to give central banks as much independence from politicians as possible, and then make price stability their primary
mandate.
Within Hamas, which is also strongly influenced by Syria and Iran, a fundamental debate had arisen as to whether, in the aftermath of electoral success and the ensuing
mandate
to govern the Palestinian territories, the organization should recognize Israel?
Everywhere the recipe is roughly the same: delegate policy to a group of competent people - the central bank - by making them formally independent from political pressure and providing them with a clear, explicit
mandate.
Each country should regain full control of its fiscal policy but delegate its macroeconomic component, decisions about deficits or surpluses, to an independent Fiscal Policy Committee given the long-run
mandate
of stabilizing, or in some countries reducing, the size of the public debt.
The best way to preserve the councils’ independence over time would be through top-down monitoring and control at the eurozone level, for example through the establishment of a European Fiscal Council, which would be responsible for ensuring that every national council fulfills its
mandate.
Preparations for the Brexit negotiations have been underway for some time, but they have so far been impaired by three elementary negotiating mistakes, and now must deal with the fact that the British government’s
mandate
to act has been damaged severely.
May called the recent election because she wanted a stronger
mandate
to negotiate a good deal for her country.
Any government decision needs to be signed by a score of senior officials with no political
mandate
but who maintain Soviet views.
The US authorities now have a legal
mandate
to do this.
An elected president has a stronger
mandate
to be controversial, especially in areas of thought and culture that lie beyond the domain of quotidian politics but shape the quality of the public space in which politics plays out.
The European Central Bank would then have to intervene to maintain the credibility of its commitment to price stability, which is its primary
mandate.
Given the economy’s solid performance and the docility of China’s population, there seems little doubt that Hu’s twenty-first-century market dictatorship will preserve the Party’s
mandate
to continue ruling – for now.
After all, if Le Pen does manage to succeed in France’s run-off system, she will gain a strong and genuine
mandate
to implement policies that controvert everything post-war Germany – and, indeed, the EU – is supposed to stand for.
For example, if Vietnam were to
mandate
six weeks of paid maternity leave for all employees, a foreign factory owner might sue the government, insisting that it either repeal the law or reimburse the company for the cost of providing this benefit.
The United Nations Security Council has authorized the International Security Assistance Force to take all necessary measures to fulfill its
mandate.
The Commission concluded that sustaining unhindered innovation will require that the Internet’s standards are openly developed and available; that all users develop better digital “hygiene” to discourage hackers; that security and resilience be at the core of system design (rather than an afterthought, as they currently are); that governments not require third parties to compromise encryption; that countries agree not to attack the Internet’s core infrastructure; and that governments
mandate
liability and compel transparent reporting of technological problems to provide a market-based insurance industry to enhance the IOT’s security.
If China (and Russia) had not used their veto, a re-run of Libya would have occurred, with European powers, supported by the United States, going beyond the UN
mandate
and using local “rebels” to oust Syria’s government.
This is the International Monetary Fund’s role, but the IMF’s
mandate
is just that – surveillance, not enforcement.
Ideally, the ECB would also be given a
mandate
to act as a lender of last resort for illiquid but solvent governments.
Some countries even impose a constitutional
mandate
for equality of educational opportunities.
Although the IEA’s
mandate
has expanded beyond oil since the early 1990’s to include broader energy policy, several of its own member governments, led by Germany, found its record on renewables so unsatisfactory that they recently established the International Renewable Energy Agency (IRENA), whose membership is open to all.
During his mandate, the Secretary-General will face the pressing challenge of forging a global agreement on climate change for the years beyond 2012, when the Kyoto Protocol ends.
The CCAMLR’s members must honor the organization’s
mandate
for conservation and ensure that there is enough “pink gold” to feed the penguins and other wildlife that depend on it.
Of course, a central bank’s
mandate
is price stability in the national economy that it serves, and price stability is influenced by exchange rates.
The so-called C-6 might argue that, given their price-stability mandate, only central banks of countries whose economic fate might destabilize domestic prices should receive privileged access to domestic currency.
The government has chosen not to change the BoE’s formal
mandate.
By contrast, the US Federal Reserve has a dual mandate: price stability and full employment.
It would have been far clearer to address the issue head on and change the BoE’s
mandate.
But everyone cannot have a weak currency at the same time, so, in 1944, responsibility for preventing beggar-thy-neighbor depreciation was assigned to the International Monetary Fund, whose Articles of Agreement
mandate
it to “exercise firm surveillance over the exchange-rate policies” of member countries.
His
mandate
was to recast the relationship in two important ways: render its terms more amenable to economic growth and job creation; and restore balance and dignity to the treatment of Greece by its European partners and the International Monetary Fund.
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