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Systemically in sentence

123 examples of Systemically in a sentence

Systemically important emerging economies are also subject to considerable uncertainty.
In the coming months, highly consequential policy decisions (or their absence) in systemically critical parts of the global economy will be revealed, with significant effects on growth rates, asset prices, and overall confidence.
Battleground BudgetMILAN – The world’s developed economies, of which the United States is by far the largest and systemically most important, face a range of difficult political and social choices.
Meanwhile, excessive income and wealth inequalities are weakening the fabric of societies; persistent joblessness in advanced countries is undermining productivity and skills; policy effectiveness and flexibility are deteriorating; and the world economy is facing increasing challenges in accommodating the development breakout phase in systemically important emerging economies.
Rather, the mandates of systemically influential central banks should be expanded to account for spillovers, forcing policymakers to avoid unconventional measures with substantial adverse effects on other economies, particularly if the domestic benefits are questionable.
To this end IMF surveillance should include regular updates on supervisory regimes in systemically important countries.
The international framework should, above all, capture the risks and spillover effects arising from systemically important financial institutions.
The "divergence" of economic performance and monetary policy among three of the world's most systemically important economies – the eurozone, Japan, and the United States – has added another layer of confusion for the rest of the world, with particularly significant implications for small, open economies.
And everyone in the asset-management industry seems to fear being put under the Fed’s microscope, which is what happens if the FSOC determines that a business is systemically important.
Jobs and Structure in the Global EconomyNEW YORK – The global economy is at a crossroads as the major emerging markets (and developing countries more broadly) become systemically important, both for macroeconomic and financial stability and in their impact on other economies, including the advanced countries.
Third, policymakers are operating in a global economy that is in the midst of major re-alignments, as several systemically important emerging economies, led by China, continue to plow through their developmental breakout phase.
If decisions about systemically important national financial institutions are made at the European level in good times, while in bad times national taxpayers pick up the tab, the whole EU will lose.
The economic equilibrium we live should be regarded, above all, as a phishing equilibrium, in which small-time individual dishonesty can morph into something more systemically important when it is carried on by business organizations under intense competitive pressure.
These could include higher capital or provisioning requirements as buffers for more difficult times, or the stipulation of liquidity standards and special requirements for systemically important banks in order to avoid a recurrence of the “too big to fail” dilemma that many countries – not only in the EBRD region – have been facing.
And the crisis was quite clearly tied to the explosion in risky mortgage-backed securities in the US; when the market abruptly realized that these securities could not be paid off in full, many systemically important financial firms were seen to be much weaker than they had seemed.
In 2010-2012, by contrast, systemically important European banks were exposed, raising the risk of a domino effect that threatened the entire eurozone.
That, in turn, requires the sharing of obligations – for example, through common deposit insurance or an emergency backstop for systemically important financial institutions.
The European Commission has argued that a fully-fledged banking union would need to rest on four pillars: a single deposit protection scheme covering all EU (or eurozone) banks; a common resolution authority and common resolution fund, at least for systemically important and cross-border banks; a single European supervisor for the same banks; and a uniform rule book for prudential supervision of all banks in Europe.
Such a union should be understood as a centralized bank supervisor, resolution authority (RA), and deposit insurance fund (DIF), at least for systemically important and cross-border institutions, as well as a unified rule book for prudential supervision.
There are now only two options: integrate ahead of markets – that is, give the ECB supervisory powers for systemically important and cross-border institutions, unify prudential rules, and create an RA with money from the ESM – or permit the current disintegration process to continue and await the euro’s relatively quick demise.
Both systemically and behaviorally, acceptance of interventionism is a sign of the times.
Financial stability was obviously a smokescreen: taxpayers were forced to repay even the debts of a bank that had already been closed (and thus systemically irrelevant).
The decisive moment came after Lehman Brothers collapsed, and authorities had to guarantee that no other systemically important financial institution would be allowed to fail.
For a while now, the US Federal Reserve has been well ahead of other systemically important central banks in normalizing monetary policy – that is, raising interest rates, eliminating large-scale asset purchases, and starting the multi-year process of shrinking its balance sheet.
The Central-Bank Song Remains the SameLONDON – The changing of the guard that is taking place at the systemically important central banks in 2018-2019 will mark the beginning of a new era of monetary policy.
Another systemically important central bank, the People’s Bank of China, has focused not on monetary expansion, but on financial reform.
The issue is not only that firms that become systemically vital may blackmail society, but also that very large firms can tilt the playing field to further their interests at society’s expense.
And equity-capital requirements for large, systemically important financial institutions remain too low.
In October 2008, a month after the Lehman collapse, the G-8 countries agreed to rescue all systemically relevant banks, while rescue facilities to the tune of €4.9 trillion ($6.7 trillion) were established worldwide – and are still largely intact today.
The “school solution,” agreed at the Financial Stability Board in Basel, is that global regulators should clearly identify systemically significant banks and impose tougher regulations on them, with more intensive supervision and higher capital ratios.
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