Resort
in sentence
664 examples of Resort in a sentence
And in a largely dollarized world economy, the only certain tool for avoiding such crises is a lender of last
resort
in dollars.
Last but not least, it is not obvious that Milosevic is prepared to
resort
to large scale violence within Serbia.
But, in most cases, people either look to the state and its officially mandated agencies to resolve problems and provide basic law enforcement, or would prefer to do so rather than
resort
– or just as often submit – to alternative, non-state providers.
The bloated French public sector, which many see as the employer of last resort, cannot afford its expensive personnel.
At that point, targeting rivals and dissenters may no longer be enough;Putin would have to
resort
to Stalin-style mass repression instead.
If confidence in Italy or Spain deteriorates again, the eurozone may have to
resort
to the traditional bridge between weak credibility and low-cost financing: a temporary International Monetary Fund-style monitored reform program.
The central bank is the “lender of last resort.”
Central banks acted as lenders of last resort, thereby averting a major crisis.
They might
resort
to the inflation tax and inject the national currency to restore liquidity to their banking systems and financial markets.
National banking systems need a lender of last
resort.
In short, the ECB bond-buying program has transformed the ECB from a passive observer of the euro crisis, paralyzed by the outdated legalistic constraints of the Maastricht Treaty, into a proper lender of last
resort.
An aid cutoff should be a policy of last resort, not a first strike.
And without economic security, some young people will
resort
to illegal activities, or fall prey to extremist groups exploiting their desperation.
Nonetheless, at the IMF and in advanced countries, the prevailing view remains that capital controls are a last
resort
– to be used only after conventional macroeconomic and financial policies have been exhausted.
In such a world, treating capital controls as the last resort, always and everywhere, has little rationale; indeed, it merely fetishizes financial globalization.
An undifferentiated approach towards political Islamism that fails to distinguish between those who reject violence and those who
resort
to terror only facilitates the extremists’ work, for they emerge as champions of causes that do not reflect their true goals.
Similarly, as large mining projects stalled, India had to
resort
to higher imports of coal and scrap iron, while its exports of iron ore dwindled.
As long as no distinction is made between nationalist extremists and fanatical terrorists like Al Qaeda, the latter will be able to masquerade as the defenders of Muslims who are seen as “driven” to
resort
to suicide bombing because of military weakness.
Just think about it: Trump spends his time either in the Oval Office, which is now decorated with gold drapes; or at his Mar-a-Lago resort, which has a turret, guarded gates, and a princely, canopied bed.
First, the good news: the European Central Bank proved itself an efficient lender of last
resort
to Europe’s financial system.
And they should adjust monetary policy to address potential financial risks as a last resort, not as their first line of defense.
One is that, facing declining growth, policymakers will
resort
to excess investment or leverage (or both), creating instability.
The other is that they will
resort
to neither, and that no alternative growth engines will have been started, leading to an extended slowdown with unpredictable political consequences at home and serious economic consequences abroad.
What is important is that both Trump and Berlusconi are ruthless and willing to
resort
to any means to achieve their (self-serving) ends.
A central bank, it was argued, never runs out of options for stimulating aggregate demand and stoking inflation, provided it is willing to
resort
to radical measures.
Policymakers would be tempted to
resort
to helicopter money whenever growth was not as strong as they would like, instead of implementing difficult structural reforms that address the underlying causes of weak economic performance.
As for Asia’s governments, with China in the lead, the US remains the importer of last
resort.
Even the euro area, which is far more cohesive than the world as a whole, has not quite figured out how to use its central bank as lender of last
resort.
Countries that qualify ought to have access to a lender of last
resort
and be empowered to pursue countercyclical policies.
If no lender of last
resort
ensures that credit is available at or below 10%, Brazil cannot be expected to meet its obligations - dealing a terrible blow both to Brazil and the international financial system.
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