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Policy in sentence

15322 examples of Policy in a sentence

Moreover, in choosing to flatter the UK’s misguided policy, the Fund has confirmed its deference to its major shareholders.
The softness in its annual surveillance of UK economic policy has also been well known.
If a bubble develops, and if the bubble does not deflate but collapses, threatening to cause a depression, the Fed would have the policy tools to short-circuit that chain.
Conservative macroeconomic policy and financial-sector reform lowered interest rates and fueled an investment and consumption boom.
Bringing It All Back HomePARIS – Global policymakers regularly congratulate themselves on having avoided the policy errors of the 1930’s during the financial crisis that began in 2008.
Led by US Federal Reserve Board Chairman Ben Bernanke, an economic historian of the Great Depression, they remembered the ideas of John Maynard Keynes and loosened monetary and fiscal policy to avoid the worst.
Monetary tightening was not the only major policy error of the 1930’s; so was a retreat into protectionism, symbolized by the Smoot-Hawley tariff increases at the beginning of that decade.
In the financial arena, there are many signs of a revival of nationalistic approaches to regulation and currency policy.
The Austrian Government will also support open access to archives in federal agencies and advocate a similar policy for non-governmental entities.
Desmon Lachman, a former deputy director of the IMF’s policy department, has called the institution a slush fund, abused by its political masters during the Greek crisis.
Belatedly, the Fund acknowledged that its lending and policy advice had failed in Greece.
Participation in a monetary union is a demanding endeavor that requires policy agility among its participating countries, as well as a sense of common purpose.
Schemes aimed at strengthening policy coordination have merely added complexity to an already Byzantine architecture of procedures.
Governments should know precisely how Draghi and his colleagues assess the potential for growth and employment and how this will affect monetary policy.
But the measures recommended here would serve to build a more decentralized, incentive-based policy regime.
So international climate policy needs a paradigm shift.
Given that holding to a strict temperature limit is not a politically viable option, focusing climate policy on flexible benchmarks such as “climate neutrality” would be more effective over the short term and more promising over the long term.
Europe needs its own security policy, just as it needs its own trade and environmental policies.
To achieve any of them they usually seek to nudge inflation expectations, demonstrate the transparency of monetary policy, and establish their institutions’ credibility.
The monetary authorities are then confronted with a harsh choice between violating their announced target, and thus undermining the credibility that was the point of the exercise, or setting policy too tight or too loose, thus doing unnecessary damage to the economy.
These countries’ need to establish policy credibility tends to be more acute, whether as a result of histories of high inflation, an absence of credible institutions, or political pressure to monetize budget deficits.
If they are hit by an adverse supply shock or terms-of-trade shock in the meantime, the right step would be to loosen monetary policy sufficiently that the currency depreciates.
Indeed, if the shock is an increase in the dollar price of oil, an inflation target in theory dictates tightening monetary policy enough that the currency appreciates.
But such a policy would mean that the adverse shock is reflected in a sharp fall in output.
Statistical estimates suggest that an attempt to set the path of inflation in the face of such shocks would lead to undesirably large swings in real GDP, compared to anchoring policy to the path of NGDP.
The good news, however, is that European foreign policy has not unraveled in the crisis.
Although the EU’s foreign policy toward Russia has become more effective, tensions have, if anything, grown – and may continue to do so.
Trade policy is an obvious and essential case in point.
The same can be said of fiscal policy.
The same complaint could be made about Trump’s views on climate change, immigration, foreign policy, or even gun control.
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