At the same time, these powers will not give the Scottish parliament the power to defend itself against Westminster austerity measures, and certainly not the full control
over macroeconomic policy it would need to tackle poverty, inequality and other significant social policy challenges.
Not exact matches
The results of a world where developed and emerging countries are all pitted against each other will be «intensified conflict on the international stage
over vitally important issues, such as international
macroeconomic coordination, financial regulatory reform, trade
policy, and climate change,» they said.
Poloz himself has no control
over the actions of the markets. And his response to any
macroeconomic damage that results is limited to monetary
policy adjustments (the next Bank of Canada interest rate decision is September 9),
over which the Prime Minister is not supposed to have sway.
The pace of growth in the US has picked up
over recent months, assisted by very expansionary
macroeconomic policy settings and supportive financial conditions.
From these three country experiences, we find that fostering public support to implement lasting reform may depend on four measures: (1) forming a public engagement plan and a comprehensive reform
policy that are then clearly communicated to the public in advance of price increases; (2) phasing in price adjustments
over a period of time to ease absorption; (3) providing a targeted compensatory cash transfer to alleviate financial impacts on low - to middle - income households; and (4) capitalizing on favorable global
macroeconomic conditions.