Resort
in sentence
664 examples of Resort in a sentence
Japan, struggling against two decades of stagnation and deflation, had to
resort
to Abenomics to avoid a quintuple-dip recession.
In conformity with Germany’s demand, the additional capital would come first from the market and then from individual governments – and from the European Financial Stability Facility only as a last resort, thereby preserving the EFSF’s firepower.
In these situations, the System-II decision maker has no tools to
resort
to in order to escape the sub-optimality (and social nastiness) of the rational decision.
It was not just Europe that benefited from China’s willingness to take on the mantle of “lender of last resort.”
Egypt and Tunisia need immediate cash deposits and grants, and their newly elected leaderships should not be forced to
resort
to begging.
Perhaps more important, it would have no lender of last
resort
capable of stabilizing the banking and financial system in a crisis.
America is, in short, a country with a past history and current stark reality of racism, ethnic chauvinism, and
resort
to mass violence.
Clear criteria like “last resort,” “proportionality,” and “balance of consequences” would make it harder to use cynical diversionary tactics in the Security Council and elsewhere.
Over the years, it has gained a somewhat deserved reputation for gathering a bunch of global elites in a posh Swiss
resort
for a week’s worth of self-congratulatory speeches – a sort of affirmation that the elite’s values and successes epitomize the triumph of democracy and capitalism.
But, once again, people there told me about an ongoing real-estate bubble, and my driver showed me around the seaside
resort
town of Cartagena, pointing out, with a tone of amazement, several homes that had recently sold for millions of dollars.
And, to top it off, the International Olympic Committee awarded the 2014 Winter Games to Russia’s Black Sea resort, Sochi.
Or will Russians wake up six months from now and say, “Yes, our country has a fancy ski
resort
– at the beach.”
Referring to the key criteria set out in many discussions of traditional “just war” doctrine, he called it “a war waged proportionally, in last resort, and in self-defense.”
Obnoxious as their rule over Afghanistan was, the Taliban did not attack America, and Bush’s war against it was not a war of last
resort.
As the current crisis has demonstrated yet again, capitalism needs stabilizing arrangements such as a lender of last
resort
and counter-cyclical fiscal policy.
The eurozone was established without a fiscal transfer mechanism to succor members of the family who get into trouble; the European Central Bank is prohibited from acting as lender of last
resort
to the banking system; and the Commission’s proposal for Eurobonds – collectively guaranteed national bond issues – has foundered on Germany’s objection that it would bear most of the liability.
If a country that has been borrowing like a drunk suddenly sees its credit dry up, it will tighten its belt – raise taxes, cut spending, or do both – with or without an international lender of last
resort.
Serbia welcomes delay in the hope that this will stimulate violence by frustrated Kosovars, thereby increasing Europe’s opposition to independence and bolstering Serbia’s dedication to maintaining the status quo, or, as a last resort, to partitioning Kosovo.
Together with his defense minister, Ehud Barak, Netanyahu succeeded in persuading Obama and the rest of the world that Israel was preparing a military attack as a last resort, should the US and its allies fail to stop the Iranian program in time.
With the US government forced to answer to its citizens, it is unlikely to
resort
to inflationary debt financing.
And they have all been willing to follow the tradition of dictators, and to
resort
to smears, distortions, and fantastical claims.
If more EU countries
resort
to such initiatives, European integration could be thrown into reverse.
We recognized that large bubble-driven losses in assets held by leveraged financial institutions would cause a panicked flight to safety, and that preventing a deep depression required active official intervention as a lender of last
resort.
Without global-governance institutions and legal frameworks to guide international cooperation, most countries must
resort
to unilateral management of their own migration flows.
Ideally, the ECB would also be given a mandate to act as a lender of last
resort
for illiquid but solvent governments.
But, in Lebanon, we have had to
resort
to creative thinking to accommodate the influx of refugees from Syria.
For the last decade, the PIIGS (Portugal, Ireland, Italy, Greece, and Spain) were the eurozone's consumers of first and last resort, spending more than their income and running ever-larger current-account deficits.
Meanwhile, the eurozone core (Germany, the Netherlands, Austria, and France) comprised the producers of first and last resort, spending below their incomes and running ever-larger current-account surpluses.
China is plainly bullying its southern neighbors by using the menacing term “core interests” (in pursuit of which a country would
resort
to the use of force) to have its way in various disputes.
They stepped in when private markets froze, acting as lenders and dealers of last resort, and provided additional liquidity to grease the wheels of finance.
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