Sentences with phrase «major economic agents»
In that case, with incentives lines up so that all the major economic agents worsen the debt problem, debt must rise faster than both GDP and the country's debt - servicing ability.
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All the major economic agents begin to behave in ways that worsen the debt crisis until finally the country slides into default.
Not exact matches
After all the way you distribute earnings is a major part of an institution's incentive structure, and changes in the structure of incentives lead almost automatically to changes in the ways economic agents behave.
A graduate of the University of Michigan with double majors in English and History, her earlier careers include agent and manager in the music industry, public television, associate vice president of university advancement, public relations, and economic development.