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Monetary in sentence

5081 examples of Monetary in a sentence

The new banking union, however imperfect, and the European Central Bank’s vow to save the euro by doing “whatever it takes,” are essential to sustaining the monetary union.
The German government’s efforts to crush Greece and force it to abandon the single currency have destabilized the monetary union.
There is no treaty provision for an exit, because the monetary union is conceived as a step toward a political union – and it would otherwise degenerate into a dangerously rigid and unstable fixed-exchange-rate regime.
In the civilian world, too, the most important determinant of whether an organization functions well is not the monetary incentive system, as standard economic models would imply, but whether its workers identify with the organization and with their job within it.
Likewise, good schooling occurs not as a result of monetary rewards and costs – the stock-in-trade of conventional economics – but because students, parents, and teachers identify with their schools, and because that identification is associated with learning.
The growing recognition of banks’ true function will be a game-changer in areas like monetary policy and financial regulation, enabling officials to tackle effectively problems like recurring banking crises, unemployment, and underdevelopment.
A crucial element of restoring confidence in Europe is agreement on a “roadmap” for the eurozone to underpin its monetary union with a fiscal union and a banking union, including pan-European supervision and deposit insurance.
Without higher aggregate demand, he argued, structural reform could be ineffective; and higher demand requires fiscal stimulus alongside expansionary monetary policy.
The Italian economists Francesco Giavazzi and Guido Tabellini have spelled out what coordinated fiscal and monetary policy could mean.
The Bank of England has presented QE as a purely monetary policy tool that sustains economic growth in the face of necessary and desirable fiscal consolidation.
Continued low interest rates allow unsuccessful companies to struggle on, slowing productivity growth; asset-price rises exacerbate inequality; and monetary stimulus works only by reigniting the private credit growth that generated the debt overhang in the first place.
But if fiscal stimulus must be facilitated by central bank bond purchases to prevent yield increases and to assuage fears about debt sustainability, doesn’t that amount to monetary financing of fiscal deficits?
The argument in favor is that failure to do so would raise fears about how increased public debt would ever be repaid, or about how the ECB would “exit” from a swollen balance sheet, in turn undermining the stimulative impact of fiscal and monetary coordination.
Optimal policy may therefore require a non-transparent fudge; monetary and fiscal “coordination” might mean, after the fact, permanent monetary finance, but without ever openly admitting that possibility.
That share fell further, to 9% because of misguided macroeconomic policies, especially during the Reagan era, when deficit spending and overly tight monetary policy caused the dollar to soar, undermining competitiveness.
Viewed from Ireland and Greece, it seems that the future of the EU project is geared toward its success in engineering a growth rebound – credit for which goes largely to monetary policy.
In this sense, the fact that Europe’s political leadership has not dismissed out of hand talk of more dramatic monetary policy from the ECB – inspired by quantitative easing in the United States – provides some hope.
Moreover, EU policymakers must pay closer attention to their actions’ effects on small countries, and institutionalize mechanisms to enable these countries to offset the negative effects of, say, monetary policy.
If big budget deficits don't do enough to get growth back to where China's leaders want it, and monetary policy will not do the trick, why not try devaluation?
China has been right to use monetary and fiscal policy to stimulate growth.
Meanwhile, the country’s monetary authorities have much more leeway to boost the economy by lowering interest rates at a time when the threat of inflation is diminishing.
The Lemmings of QENEW HAVEN – Predictably, the European Central Bank has joined the world’s other major monetary authorities in the greatest experiment in the history of central banking.
QE’s impact hinges on the “three Ts” of monetary policy: transmission (the channels by which monetary policy affects the real economy); traction (the responsiveness of economies to policy actions); and time consistency (the unwavering credibility of the authorities’ promise to reach specified targets like full employment and price stability).
For Europe, monetary policy seems more likely to be transmitted through banks, as well as through the currency channel, as a weaker euro – it has fallen some 15% against the dollar over the last year – boosts exports.
In the QE era, monetary policy has lost any semblance of discipline and coherence.
Keynes proposed clear prescriptions for hard economic times: expansionary monetary and fiscal policy.
He thought fiscal policy particularly important in situations where monetary policy was likely to be ineffective.
To succeed, monetary, fiscal, and structural policies must be implemented together, in a logical and mutually reinforcing order.
France’s new president, Emmanuel Macron, based his election campaign on a synthesis of “right-wing” labor reforms and a “left-wing” easing of fiscal and monetary conditions – and his ideas are gaining support in Germany and among European Union policymakers.
Rather than fiscal stimulation and control, the main tool of economic management nowadays is monetary policies conducted by independent central banks.
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