Transition
in sentence
2200 examples of Transition in a sentence
It requires a policy handoff instigated by more responsible behavior on the part of politicians on both sides of the Atlantic – one that undertakes the much-needed
transition
from over-reliance on central banks to a more comprehensive policy approach that deals with the economy’s trifecta of structural, demand, and debt impediments (and does so in the context of greater global policy coordination).
This is not a permanent condition, but the
transition
will be long and complex.
It must be recognized that this is a difficult moment and countries must mobilize their resources to help their people with the
transition.
Our role in Afghanistan’s first-ever peaceful, democratic
transition
reminds us all that, having invested so much blood and treasure in helping to give Afghans a chance to succeed in battle, the world has just as much responsibility to help its leaders succeed in governance.
Transition
in Crisis?
There is no doubt that the European
transition
region is in deep crisis.
But is the
transition
from communism to a market economy itself in crisis?
How have the institutions and policy frameworks that were the outcome of the
transition
process coped?
On the one hand, it created economic ties and financial dependence that have made many
transition
countries highly susceptible to the crisis in the West.
The two faces of integration (explored in the EBRD’s 2008
Transition
Report) have been particularly visible in finance.
Financial integration has been an important force for long-term growth in the
transition
region, and the presence of strategic foreign banks helped mitigate the impact of the crisis.
Further east, resource-rich
transition
economies such as Russia and Kazakhstan are facing what is arguably an even bigger challenge.
In some areas, particularly macroeconomic management involving the accumulation and use of stabilization funds, resource-rich
transition
countries have performed fairly well.
The crisis has also tested ideas about the ultimate aims of
transition.
It confirmed the view that the
transition
from communism is about much more than building markets and shifting economic responsibilities from the state to the private sector.
One year into the crisis in the
transition
region, we can almost rule out the latter scenario.
Thus, while the global recession plunged the
transition
region into crisis, at the same time it demonstrated the resilience of the reforms and economic integration achieved over the last 15 to 20 years.
It also highlighted the pitfalls of the development models that countries in the
transition
region have pursued.
Yet it is clear that the way to address these pitfalls is to extend the
transition
agenda, not to replace it.
Arafat's death may well mark the beginning of that process, but the
transition
to a new Palestinian leadership could take years, and there is no assurance that it will be a moderate one.
The new bank can make a major contribution to the global economy’s health by facilitating the
transition
to new poles of growth and demand, helping to rebalance global savings and investments, and channeling excess liquidity to productive use.
There was no need for government regulation to bring about this transition; in fact, had modern corporatist states attempted to do so, today they would be propping up MySpace with taxpayer dollars and campaigning on a promise to “reform” its privacy features.
What are the implications of these currency movements for developing and
transition
economies?
One way or other, instability of the key currencies aggravates the difficult task of macroeconomic management and trade development in emerging and
transition
economies.
The US needs to position itself to respond effectively and flexibly to the twists and turns that a potential
transition
in Burma may take over time, with an eye toward pressing the Burmese leadership to move in positive directions.
Other Confucian societies, such as South Korea, Taiwan, and Japan, now have thriving liberal democracies, and there is no reason to believe that such a
transition
is impossible in China.
Such a
transition
would provide China with much greater job-creating potential.
But at the moment that multiculturalism’s advocates were making this suggestion, Dutch society was undergoing a dramatic
transition.
Indonesia’s current political
transition
from dictatorship to democracy, although no unqualified success, shows that this is achievable.
In order to enable the corporate sector to manage the
transition
to a modern knowledge-based economy, China must also rebalance the financial system by carrying out a shift from bank and short-term funding toward equity and long-term bonds.
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