Policy
in sentence
15322 examples of Policy in a sentence
And it can happen to any country, although advanced countries can usually tighten fiscal
policy
with sufficient speed and credibility that the pain comes mainly in slower growth.
The global economic environment – characterized by massive amounts of liquidity and low interest rates stemming from unconventional monetary
policy
in advanced economies – led most emerging economies to use their
policy
space to build up existing drivers of growth, rather than develop new ones.
But coalition rule can also often mean governance of the lowest common denominator, as resistance by any of the government’s significant members to a
policy
can delay or even thwart it.
Though the big parties are broadly committed to continuing an economic
policy
of liberalization and growth, the BJP is mostly focused on the well-being of India’s merchant class, whereas Congress wishes to redistribute enhanced government revenues to the poor through generous social programs.
In foreign policy, India’s growing closeness with the United States under both the BJP and the Congress has proved controversial at home, with leftist parties threatening to scrap the Indo-US nuclear deal and break defense ties with Israel if they come to power.
Should the regional parties dominate the government, domestic politics would strongly impact India’s foreign policy: the anger of Tamil voters over events in Sri Lanka, or of Muslims over Gaza, would be reflected in the government and therefore constrain
policy
options.
In India,
policy
changes require political consensus within the ruling coalition, labor laws are strongly defended by unions and political parties, and controversial decisions can be challenged on the streets, in the courts, and ultimately at the polls.
Necessary
policy
reforms advocated by a ruling party are often held hostage to the prejudices of its allies.
But it does come, and once a
policy
consensus has been established, it tends to be durable.
Across "euroland" monetary
policy
was focused on the harmonization of interest rates, not on their level.
With interest rates reaching almost zero, this liquidity trap has paralyzed Japan's monetary
policy.
Keynesian remedies (now being tardily applied) and an expansionary fiscal
policy
have not been able to jump-start the Japanese economy and bring about a return of optimism.
Is there a macroeconomic
policy
that could boost the still shaky optimism of consumers?
But, without a strategic
policy
roadmap to guide further financial-technology (fintech) development, these new “connector” models will remain limited in terms of the services they can provide.
Unfettered innovation and entrepreneurship are necessary for connecting the poor to the formal financial system; but, from a
policy
and development perspective, we need to shift our efforts toward improving the larger ecosystem to realize new fintech products’ full potential.
But, despite being state-owned and subject to
policy
decisions, they function as commercial enterprises (with the possible exception of Norway’s hydrocarbon-funded state-owned investment vehicles).
Its own regional
policy
has changed significantly, from “zero problems with neighbors” to “zero neighbors without problems.”
Doing so implies establishing a genuine common energy
policy
that pools risks, reserves, and infrastructure.
With the cabinet having become superfluous, the NAC’s decrees – including half-baked ideas inspired by the European welfare state – became
policy.
And, liberated from electoral pressures, at least of a kind focusing on her directly, she may feel freer to pursue a more proactive foreign
policy.
Recall that it was during his final years in office that US President Barack Obama achieved some of his biggest milestones in foreign
policy.
But the gap is most glaring at the
policy
level, particularly in the US.
This represents a profound failure of
policy
imagination – one that must urgently be addressed.
In the developed world, the problem is rooted in unprecedented political polarization, which has impeded comprehensive responses and placed an excessive
policy
burden on central banks.
In normal times, fiscal
policy
would support monetary policy, including by playing a redistributive role.
That is why it is so disappointing that, despite heightened awareness of inequality, the IMF/World Bank meetings – a gathering of thousands of policymakers, private-sector participants, and journalists, which included seminars on inequality in advanced countries and developing regions alike – failed to make a consequential impact on the
policy
agenda.
In order to deepen their impact, a more comprehensive macroeconomic
policy
stance is needed, with the explicit goal of reinvigorating and redesigning structural-reform efforts, boosting aggregate demand, and eliminating debt overhangs.
Such an approach would reduce the enormous
policy
burden currently borne by central banks.
While Mansour’s killing may be, as Obama put it, “an important milestone” in the effort to bring peace to Afghanistan, it also exposed America’s
policy
failures under the Obama administration, rooted in the desire not to confront either Pakistan or even the Taliban too strongly.
The question is whether China’s leaders – preoccupied with challenges like financial instability stemming from risky shadow-banking activities and a heavy burden of local-government debt – have the
policy
space to put the economy on a sounder footing.
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