As Europe's banking crisis deepens, Greece's and Spain's fiscal crisis spreads throughout Europe and the US economy stalls, most discussions of how to
stabilize national finances assume that only two options are available: «internal devaluation» — shrinking the economy by cutting public spending; or outright devaluation of the currency (for countries that have not yet joined the euro, such as Eastern Europe).
Not exact matches
Ahead of the handover of power from the
National Democratic Congress (NDC) to the New Patriotic Party (NPP),
Finance Minister Seth Terkper has reiterated that his government will be leaving behind a
stabilized economy for the incoming administration.
The FHA also began with a few other purposes and goals in mind: — To regulate the interest rate and mortgage terms it insures and thus increase the number of people who can afford to buy a home — To improve the
national standards of housing — To set standards for home construction — To establish a strong
financing system to encourage home ownership — To
stabilize the housing market