Sentence examples for fiscal conditionality from inspiring English sources
This summer it recalibrated again, saying a more limited form of debt mutualization was advisable, but only when tied to strict fiscal conditionality — a position so close to Ms. Merkel's as to be indistinguishable to most Germans.
Only a constitutionally anchored set of fiscal and policy rules could provide credible conditionality.
If EMU policymakers wish to preserve the euro, they will need a Hamiltonian solution, including both fiscal burden-sharing to halt the crisis and conditionality (or fiscal and financial rules) to prevent another crisis and avoid a persistent wealth transfer to peripheral EMU members.
Is an unelected private committee based in the BIS allowed to evaluate the "structure and function" of particular national governments and, if they are determined to have fiscal policies that are not "sound," to impose "conditionalities" and "austerity measures" of the sort that the IMF is notorious for imposing on Third World countries?
When the euro crisis hit in 2010, the ordos pointed out the importance of structural conditionality while the pragmatists were right to emphasize that fiscal austerity was highly contractionary and even worsened debt/GDP ratios.
Even the conditionality of the OMTs can be seen as subjugating monetary to fiscal policy.
By the 1980s, the "Washington consensus" revolved around "conditionality" and "structural adjustment" -- shorthand for fewer subsidies and better fiscal discipline, and a focus on economic growth.
Conditionality will be personalised.
Forget "light" forms of conditionality.
conditionality and unpopular austerity measures.
