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These involve forecasting future economic developments on the basis of what has happened in the past.
Whether a crisis provides investors with a good buying opportunity depends largely on valuations at the time of the crisis and on future economic developments.
"While we are limited in our ability to anticipate and act on asset-price bubbles, expectations about future economic developments nonetheless inevitably play a crucial role in our policymaking," he said.
First, the effects of policies depend on future economic developments.
Therefore scenarios should reflect alternative future economic developments.
While the directive contains a strong environmental pillar for European marine policy, it is also designed to anticipate on future economic developments at the European seas.
Similar(53)
Certainly, to begin with, there was a shared narrative of national interest and future economic development possibilities among the developers and policymakers.
They also welcome American presence as an opportunity for future economic development.
"That stadium will be a linchpin to the future economic development in the vicinity," Mr. Fleury added.
That would support their future economic development and create more private-sector jobs for young, growing populations.
It continued, "The project itself, as long-term infrastructure, provides a key basis for future economic development".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com