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Substitute in sentence

374 examples of Substitute in a sentence

But this merely threatens to substitute one form of political influence for another.
This tax-favored employee saving plan is a good substitute for more comprehensive social-security pensions, but it has had the undesirable effect of increasing household saving, rather than increasing consumer spending.
By contrast, a similar tax rule to exempt employer payments for health insurance would reduce national saving by causing employees to substitute health insurance for large personal cash accumulations.
For several decades, growth has served as a substitute for sensible social cohesion policies.
The Western countries’ collective knowledge is no substitute for a collective wisdom about Libya’s distinct history and rhythms.
Internal devaluation – lowering domestic wages and prices – is no substitute for exchange-rate flexibility.
If internal devaluation were a good substitute, the gold standard would not have been a problem in the Great Depression, and Argentina could have managed to keep the peso’s peg to the dollar when its debt crisis erupted a decade ago.
When the US does so in pursuit of public goods that benefit others as well as Americans, the nature of America's ends may substitute for the means in making US power acceptable in the eyes of others.
In this context, the kind of “meritocratic professionalism” that China is pursuing is important; but it is no substitute for genuine competition in the public or private sector – at least not if innovation and structural change are the goals.
A few years of limited exchange rate flexibility is a poor substitute for rapid completion of structural reforms.
It would be preferable for China to find a way to substitute Chinese for US private consumption demand, but the system seems unable to move quickly in this direction.
But, since none of these countries has a national currency to devalue, they must substitute internal devaluation for external devaluation.
They have to cut wages, pensions, and other costs in order to achieve the same gain in competitiveness needed to substitute external demand for internal demand.
To speak of Sarkozy as a substitute for Tony Blair in Europe would be premature – and unhelpful, given Blair’s inability to exert significant influence on US policy.
(And, as I explain in my new book The Curse of Cash, Bitcoin can hardly be considered a long-term substitute for large-denomination bills.)
So how is it that policymakers have managed to substitute the latter for the former?
And it has done so by relying on innovative measures that substitute its elastic balance sheet for those of over-extended governments, gun-shy private investors, and fleeing bank depositors.
But so, too, is the idea that even a single cryptocurrency could substitute for fiat money.
The aim was to substitute external demand, in the form of an improvement in net exports, for deficient domestic demand.
Néstor and Cristina will be dealing with a parliament that is much weakened: laws passed by legislators close to the government allow the president to “correct” the budget and issue “necessary and urgent” decrees that substitute for laws.
First, there is no substitute for timely and coordinated action when the single currency is under pressure.
But the most important – and the most worrying – qualities they share is an ability to substitute salesmanship for substance, a willingness to tell bald-faced lies in pursuit of publicity and advantage, and an eagerness to intimidate critics into silence.
The public was never to substitute for the private, but merely to complement it.
The question now is whether Macron – who went on to secure an unassailable majority in the French National Assembly – can break the mold, or whether he will provide further proof that media savvy is no substitute for experience in the political trenches.
While a basic income can replace some egregiously dysfunctional welfare spending, it cannot substitute for, say, public education and health care, preschool nutrition programs, or employment guarantees in public works.
Ambitious UN climate targets have not served as a prerequisite, but as a substitute for action.
It must never be a substitute for the absence of other ideas.
It is certainly a poor substitute for deeper tax reform aimed at making the system simpler, more transparent, and more progressive.
The only schools the state does not supervise are Koran-based schools, which some parents use as a complement – but seldom a full substitute – for state education.
Military intelligence is no substitute for statesmanship, and a credible peace policy is still the best way to halt the slide to war.
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