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But much of the new infrastructure, especially railways and roads, should help improve future productivity.As for bank lending, which grew by a thumping 34% in the year to August, the government has repeatedly signalled that it will maintain its easy monetary policy because it is still concerned about the sustainability of the recovery.
But economists should be cautious when recommending exchange-rate policy, because it is far from obvious what is best.
The bulk of the officer and noncommissioned officer corps will support the new policy because it is the right thing to do, on both legal and human grounds.
Bank lending is a focal point in China's monetary policy because it is controlled by the government to steer economic growth and control inflation.
"I'm defending Twitter's policy because it is the one I hope others adopt: transparent, minimally compliant w/ law, user-empowering," she wrote.
Rather, the concern was the "domino theory", which is often ridiculed when dominoes don't fall, but remains a leading principle of policy because it is quite rational.
Similar(36)
Economic Policy Institute Vice President Ross Eisenbrey says the most important thing is to inform companies of the Department of Labor's internship rules and predicts that many will change their policies because "it's the right thing".
In substance, the ECB has no need to defend its policies because it is unimpeachable in its execution of them.
PetSmart should change its policy because it's the right thing to do.
He said that Yahoo chose to change its longstanding policy because it was serving a broader and more diverse audience than when it started accepting ads for pornographic sites in 1997.
Revisiting the initiative would be good policy, because it was a solution in search of a problem.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com