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Unprecedented long-term monetary stimulus and massive spikes in public-debt burdens have left governments poorly equipped to manage the next economic downturn when – not if – it arrives.
Long-term monetary stability has been a keystone for this region's extraordinary success.
This is a short-term issue impeding a possible long-term monetary and social solution.
The shelters revolve around long-term lease-back arrangements.
Getting the long-term unemployed back to work.
For the first time since 2011, the decision to keep slowing down the purchases of long-term bonds was backed by all members of the monetary policy committee.
This is a long-term trend, dating back to 1955.
The long-term cycle started back around 1980.
To describe long-term trajectories of back pain.
But a host of examples stretching back over the centuries bear witness to the long-term link between monetary growth and inflation.
Of course, yawning gaps in competitiveness pose long-term problems for monetary union.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com