A well - functioning local - currency bond market allows a government much more
economic policy flexibility than can be experienced when tied to foreign currency borrowing.
Not exact matches
And the Council of
Economic Advisers announced that
policies such as work
flexibility «lead to higher labor force participation, greater labor productivity and work engagement, and better allocation of talent across the economy.»
The target is a medium term one, so there's a little bit of
flexibility over the short term, and I think experience shows that in trying to do
economic policy and trying to control inflation there really isn't an ability to fine tune these things over very short periods of time, you have to take a more medium term perspective.
Policy - makers can help in these efforts by encouraging
economic flexibility.
The speech starts by setting out three key themes of the Bank's recent communication about Australia's transition from the resources sector boom to more normal
economic conditions: that the sheer scale of the boom means that this transition is challenging, and that the broader global environment compounds the challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and
flexibility; and that monetary
policy is doing what it can to help the transition, but that the chances of success would be boosted by a lift in productivity growth and an increase in the expected risk - adjusted rate of return on investment.
But there is a great deal of
policy flexibility within that
economic conservatism to address the concerns of people who are at (or below) the earnings median.
Flexibility — As pension schemes are long - term investments and personal, financial and
economic circumstances will certainly change over the
policy period, your plan should offer the choice to choose the type of investment suited to your financial risk appetite and the option to switch between funds as your outlook towards risk changes.
Where clients have the need for death benefit protection, FIUL products may be appropriate for current
economic conditions because they offer features and
flexibility, so
policies can be designed to meet a variety of consumer needs.