Underlying
in sentence
1180 examples of Underlying in a sentence
The effect on
underlying
financial markets’ volatility may not even be the right question to consider in deciding whether to permit new derivative products.
Recent studies by the IMF and others suggest that raising taxes, cutting subsidies, and reducing government spending – even inefficient spending – would stifle growth in the short term, exacerbating the
underlying
debt problem.
The Global Burden of Disease Study, conducted by hundreds of scientists collaborating over many years, provides the best comparable estimates regarding causes of death and disability and their
underlying
risk factors.
Aznar’s current plans are too timid: they tackle only public health expenditures, not the
underlying
welfare state structure.
When the treaty's
underlying
purpose is neither about trade nor freedom.
A report that gives the world’s biggest donor the lowest possible rating for “Partnerships for the Goals” would seem to have some
underlying
issues.
And Africa’s international partners have remained preoccupied with containing migration from the continent, rather than addressing its
underlying
causes.
The European Commission has recently completed its own report on Germany’s surpluses, concluding that it is difficult to pin down the many factors
underlying
it, which of course is true.
Would European Central Bank President Mario Draghi’s vow in the summer of 2012 to do “whatever it takes” to save the euro have been nearly as effective if investors doubted Germany’s
underlying
financial strength and resolve?
But it is wrong to believe that simplistic answers, such as more fiscal stimulus or more austerity, are a panacea; more often, the
underlying
problems relate to debt, structural rigidities, low investment, and weak competitiveness.
These measures have sustained the wrong relative prices that resulted from the bubble, and papered over the
underlying
problem.
Instead, they were being forced to judge the sustainability of financial asset prices that, boosted by liquidity, had notably decoupled from
underlying
economic fundamentals.
Falling asset prices in other financial market segments, following the sub-prime mortgage meltdown in the United States, may be more important for explaining the recent surge in food prices than supply constraints or other factors
underlying
longer-term gradual upward price trends.
Research by the International Monetary Fund has indicated that these fiscal multipliers – the second factor overlooked by forecasters – vary with
underlying
economic conditions.
The goal is to capture the major
underlying
policy shift from a highly heterogeneous portfolio of programs – intended to support various goals in various ways and to varying degrees – to a legislative and budgetary package designed to serve as a common strategic framework.
Leaving interest rates on hold in the face of adverse price shocks thus requires a convincing explanation by the ECB of its
underlying
policy.
And, even if the court refrains from setting limits, the
underlying
problem – growing German aversion to all things European – will not go away.
The principle
underlying
the Golden Shield is that “as virtue rises one foot, vice rises ten.”
There may be a legitimate role for government in limiting excessive volatility, but if
underlying
economic fundamentals do not drive the exchange rate, what is the basis of our confidence in the market system?
Globalization may occasionally hit speed bumps, such as the current slowdown in world trade; but the
underlying
technological changes driving interconnectivity will only continue to bring people and countries closer together.
This is true even in cases like Venezuela, where large oil revenues masked the
underlying
weakness for a while.
When the International Monetary Fund announced in December that the renminbi would join the US dollar, the British pound, the euro, and the Japanese yen in the currency basket
underlying
its unit of account, the Special Drawing Rights basket, the decision was clearly political.
The
underlying
dynamics have not changed fundamentally since then.
But let’s see the positive message instead: 190 countries agreed on a sensible plan, and the
underlying
science and technology gives us realistic hopes for achieving it.
According to the
underlying
science that Bush ignores, hurricanes take their energy from the warmth of seawater.
The immediate cause of Chile’s slowdown is the decline in investment, particularly in mining; but the
underlying
problem is that the failure to diversify the economy sufficiently makes it far from clear what new kinds of investment, and which new exports, will take up the slack.
While they grudgingly loosened their purse strings to support Greece, the
underlying
motives were too shortsighted, and the resulting approach was strategically flawed and abysmally coordinated.
But the lower-discount-rate argument is more persuasive, and is consistent with
underlying
economic conditions and central banks’ mandates.
The
underlying
political drivers of social frustration and conflict – disenfranchisement, repression, pervasive official corruption, unaccountable rulers, and predatory state institutions and policies – remain unchanged.
He understands better than anyone that misguided fiscal and monetary policies have been the
underlying
cause of Europe’s economic underperformance, and are largely responsible for the political tensions threatening to destroy the EU.
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