Australia needs, over time, to lessen its dependence on foreign savings and reduce its vulnerability to
destabilising changes in market sentiment towards it (which, of course, have implications for monetary policy).
Not exact matches
High saving economies routinely produce another
destabilising characteristic — high leverage ratios (Wade and Veneroso 1998), which leave enterprises vulnerable to
changes in the macro settings, particularly interest rates.
Wenger was asked whether huge wage offers are
destabilising, and he replied: «Always, but we must accept that modern life has
changed a little bit.
Cruddas is certainly not afraid to draw attention to what he sees as the
destabilising effects of immigration which, along with rapid economic
change, threatens «peoples» sense of belonging and security».
Alistair Darling, writing in the Financial Times, warned this week that the full devolution of income tax to Scotland would increase UK borrowing costs and expose Scotland to the
destabilising ups and downs of tax revenues during
changing economic times.
This is because to do so would both risk
destabilising his already fractious Parliamentary Party, and offend his instinct to keep
changes to his front bench to a minimum.
Change will more likely come in a voluntary way, as people leave the current system in numbers, — and potentially
destabilising the existing system.
Sectors such as water, agriculture, energy, health and trade will be highly affected by climate
change and this could have a
destabilising impact on a state's ability to provide people with basic services.
Climate Defence Network (CDN) is a network of organisations and individuals concerned about the need to prevent
destabilising climate
change.
This is not to suggest that all new policies should be free of modification and adjustment, but there needs to be recognition that communities and organisations can only absorb so much
change before it becomes
destabilising and detrimental.