Transfers
in sentence
784 examples of Transfers in a sentence
These stronger structures should permit limited resource
transfers
among eurozone countries, either to carry out countercyclical policy or to supplement investment spending, particularly in economic and social infrastructure.
Phasing out transfers, even in a considered and systematic way, works only when the recipient is determined to put in place the measures necessary to survive without assistance.
Globalization and technological innovation are not painless processes, so there will always be a need for retraining initiatives, lifelong education, mobility and income-support programs, and regional
transfers.
But the long-term trends identified – a rise in capital owners’ share of income and the concentration of “primary income” (before taxes and transfers) at the very top of the distribution in the United States and other major economies – remain unchallenged.
In such cases, countries can act as welfare magnets, attracting many more migrants than would be economically advisable, because the newcomers receive, in addition to their wages, a migration grant in the form of public
transfers.
China’s establishment of the AIIB is the latest sign of a broader move away from the view that aid to developing countries is best provided in the form of massive government-to-government
transfers.
Unlike big government-to-government transfers, which can often end up in the pockets of officials, the point is to ensure that deals actually get done and investments flow to their intended destination.
Europe, in particular, is paying a heavy price for underusing its fiscal capacity – a decision that has been driven by the political unpopularity of debt and fiscal
transfers.
Even in the midst of a protracted currency crisis, European governments can surely sign on to an agenda that prioritizes
transfers
of know-how over cash infusions.
If it proves successful in opening up China’s market and curtailing technology
transfers
from US companies, then it will have been constructive.
Here’s the list: “Other countries have used dumping, discriminatory non-tariff barriers, forced technology transfers, noneconomic capacity, industrial subsidies, and other support from governments and state-owned enterprises to gain economic advantages.”
The same is true of forced technology transfers, although the Chinese position is that American firms that want to operate in China voluntarily agree to transfer technology in exchange for the right to produce and sell in China.
Looking ahead, the US government should focus on combating foreign governments’ trade policies – such as technology theft, non-tariff barriers to US exports, and forced technology
transfers
– that hurt American firms without any offsetting benefits to American consumers.
This may be one reason why European countries support more generous – and costlier – welfare
transfers
than the US.
Government in the US (federal, state, and local) is a net dis-saver, meaning that current outlays (for consumption, interest payments on the public debt, and transfers) exceed revenues, currently by around 2% of GNI.
Fees for wire
transfers
and for exchanging currency can quickly climb to 10% or more per transaction, with interruptions and complex procedures making such services even more costly.
European citizens have no clear perception of the Union’s total cost and are only interested in preserving
transfers
in their favor indefinitely.
Greece, Germans should be told, will remain a eurozone member, and preserving the euro will require further steps toward integration, up to and including
transfers
and debt mutualization, provided that the appropriate institutions for this are established.
Since its 2008 launch, M-PESA has attracted nearly 14 million Kenyans – almost one-third of the country’s total population – who use it for money transfers, savings, and other financial transactions.
Ajri Begu, head of the Bank for Payments and
Transfers
and co-head of UNMIK's economic policy board, comments, "Life started here from the first day after the war.
Moreover, Europe neither has the means nor the political cohesion to make up for shortfalls in one region by massive fiscal
transfers
from other regions (nor would such large
transfers
generally be a good idea).
Options for enhanced engagement include South-South and triangular cooperation, knowledge sharing, technology transfers, and peer-to-peer policy dialogues.
Policy wonks have long known that one gets similar results when looking at which states receive more federal subsidies: Despite all the rhetoric about “getting the government off our backs,” the red states receive the most federal transfers, with Alaska, Mississippi, Louisiana, West Virginia, and the Dakotas topping the list.
The OECD reports that in 2010, France’s “tax wedge” (income taxes plus employee and employer social-security contributions minus cash
transfers
as a percentage of total labor costs) was at least 13 percentage points above the OECD average at every level of household income.
Another name for this approach is “transfer union,” which implies relentless economic austerity and declining living standards, because strong countries – first and foremost, Germany – are determined to limit their liability for bailing out deficit countries by making all
transfers
conditional on tough budget retrenchment.
He is also promising to emulate his predecessors by bringing Germany around to the French point of view – that is, use German fiscal
transfers.
Those who make this claim seem to have in mind a model of a single state, which possesses two relevant features: limited fiscal sovereignty for regional and local governments and a substantial common budget from which regions hit by asymmetric shocks can receive
transfers.
Second, they existed without any fiscal
transfers
from a common center, because such a center did not exist.
It is clear that there is no scope in the foreseeable future to extend the EU budget in order to increase fiscal
transfers
to eurozone members affected by sharp declines in consumption.
Those who want to force Cyprus to abandon its model – condemning it to suffer for years with a debilitated economy and continual
transfers
from the EU – do not understand the country’s history and role.
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