Sentences with phrase «domestically focused actions»
The existing INDCs thus far contain mainly domestically focused actions, because they were supposed to be national contributions.
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Moreover, disjointed discretionary regulatory actions are likely to make things worse when the next crisis strikes: domestically - focused regulators are likely to attempt to protect their own national banking system, preventing domestic subsidiaries from transferring much - needed liquidity to their parents abroad, resulting in a weakened international financial system.