Sentences with phrase «macroeconomic stability»
Macroeconomic stability refers to a condition where the overall economic situation of a country or region remains consistent and balanced over time. It means that there is a steady rate of economic growth, low inflation (prices don't rise too quickly), low unemployment (many people have jobs), and sustainable government finances (not spending more than what they have). It is basically when an economy is healthy and not experiencing major ups and downs. Full definition
There has been much debate around the world about the role of monetary policy in these circumstances, with the consensus being that the best it can do is to continue to pursue the general objectives of macroeconomic stability and low inflation.
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The 2015 Budget had: A budget deficit Increased taxes Was dependent on taxes No clear guide to restore macroeconomic stability Cuts in funds to productive sectors.
«He has played a key role in delivering macroeconomic stability in the UK, and his leadership and experience will continue to prove invaluable to the Bank of England.»
The emergence of industrial civilization, in other words, called forth a federal apparatus sufficient to the need to regulate the private sector in the public interest, to provide macroeconomic stability amidst the uncertainties of the business cycle, and to offer the nation's citizens welfare and security programs appropriate to the vicissitudes of modern life.
Consequently, a key challenge for policy is to enhance macroeconomic stability by ensuring an orderly unwinding of current imbalances and inflation pressures and avoiding their re-emergence in the future.
The authorities» program aims to entrench macroeconomic stability and foster higher, more inclusive, and resilient growth.
Its business, like that of all modern central banks (but unlike that of, say, the Gosbank), is that of keeping the overall scale of credit creation within bounds consistent with macroeconomic stability, while leaving private financial institutions as free as is consistent with preserving that stability to decide how best to employ scarce credit.
First, there was a decline in inflation volatility and an overall improvement in macroeconomic stability during this time that made investors less risk averse to holding long - term bonds.
Macri and his future ministers have committed to achieving macroeconomic stability without compromising any progressive policies.
In response to the debt crisis structural adjustment programmes were imposed by the World Bank and the International Monetary Fund as a means to «create macroeconomic stability» through privatisation, the lowering of trade barriers and massive decreases in public spending, particularly on services and civil salaries.
We are determined to put in place measures to ensure irreversibility and sustained macroeconomic stability so that we will have no reason to seek again the assistance of that powerful global body.»
Restoring growth for instance requires macroeconomic stability, economic diversification (agriculture, energy, MSME, industry, manufacturing, services and ICT), fiscal stimulus and monetary stability.
He added that the budget's objectives among others are to deliver inclusive growth to Nigerians; create significant number of jobs to reduce unemployment and underemployment; building an economy that is less vulnerable to oil price shocks by creating resistant divested income base and creating efficient Public Financial Management System; as well as fostering macroeconomic stability conducive for growth e.g. achieving GDP growth rate of 4.2 % and increasing investors confidence.
Most importantly, this was accomplished in a context of unprecedented macroeconomic stability.
The CWA initiative aims to attract private investment to the CWA countries by ensuring macroeconomic stability, investment - friendly tax systems to help maintain fiscal discipline while providing adequate financing for governments» development needs.
Among these were the long period of global macroeconomic stability and low inflation that was expected to continue and that low yields were a natural consequence of the flow of savings from Asian economies.
The second [reason] is that providing macroeconomic stability is a legitimate and important function of the government.
Vice President Bawumia noted that macroeconomic stability in the sub-region remained a challenge with inflationary rate averaging 8.2 per cent in 2014, rose to 13 per cent in 2017, and projected to reduce to about 11 per cent this year and 2019.
In this one, the very low interest rates and macroeconomic stability of the past decade or so led investors to lower their perceptions of risk and allowed a greater range of borrowers much easier access to finance than before.
The objectives of Ghana going to the IMF for the bailout was to restore debt sustainability and macroeconomic stability, to foster a return to high growth and job creation through agriculture, and infrastructure investment, while protecting social spending;
The case for not devolving Universal Credit might be based on the argument that supporting labour markets in areas that have been hit by adverse economic events underpins both political and macroeconomic stability and therefore must be controlled from the centre.
We promised to restore macroeconomic stability and we have done that in just 7 months....
An investment programme to deal with the energy crisis must be put in place as a matter of urgency in order to propel growth, employment, competitiveness, and macroeconomic stability.
In 2015, when the then Mahama government entered into a three - year agreement for $ 918 million to, among other things, restore macroeconomic stability, the NPP, which was then in opposition, had mocked the move and cited it as a mark of incompetence on the part of the Mahama administration.
Mr Ofori - Atta said government was striving hard to ensure macroeconomic stability that would help create the enabling environment for accelerated economic growth to catapult Ghana beyond aid.
The budget is expected to focus on about 10 key areas including infrastructure, macroeconomic stability, job creation, agriculture, entrepreneurship,...
The budget is expected to focus on about 10 key areas including infrastructure, macroeconomic stability, job creation, agriculture, entrepreneurship, business growth, creating a Ghana beyond aid, debt management, corruption, public sector reforms among others, and a continuation of the 2017 budget initiatives.
Monetary policy can best serve markets by not being distracted from the main goals — low inflation and macroeconomic stability.
Chinese interests — in energy security, economic growth and development, and macroeconomic stability — directly argue against large - scale implementation of CCS in China unless such an implementation can be almost entirely supported by outside funding.
... examples are national defense, public health, intellectual property rights, international trade, macroeconomic stability, fisheries, international environmental issues, endangered species, and transnational terrorism.
The abundance of diverse renewable energy resources, growing demand for power, macroeconomic stability, and historically high electricity prices continue to position Mexico as one of the most attractive destinations for investments in renewable power generation.
The Cypriot economy has moved into a macroeconomic stability, thus confidence has been restored and we are once again on a path of recovery and growth.