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Exact(11)
Profligate governments, for instance, cannot use the central bank's printing presses to fund large deficits.But discipline has its drawbacks.
European governments, for instance, could use it to protect inefficient farmers from American competition on the pretext of protecting consumer health.
Loans to OECD governments, for instance, which are assigned a zero risk-weight, may vary from rock-solid to not-so-solid.
Many European governments, for instance, are fixated on cutting their deficits, when they should also be trying harder to shake up their labour and product markets.
European governments, for instance, are far more lukewarm about enormous stimulus programs because they already have strong social safety nets, and more fears of inflation, than does the United States.
"I think there's a lot more that can be done by NGOs to try to create that race to the top among donor governments, for instance by producing some kind of index," he says.
Similar(48)
Radical modernization of government, for instance, for the digital age.
Mr. Sharif's government, for instance, has called for dialogue with the fundamentally antidemocratic Pakistani Taliban.
The government, for instance, could opt to pay interest on Treasuries and put off other bills.
Mexico's government, for instance, has no foreign bonds maturing this year and very few next.
The government, for instance, portrays the mostly Sunni rebels as eager to kill minorities.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com