Exact(15)
The two countries followed different policy paths.
"The most important reasons for the different policy paths are differences in underlying economic structures and differences in the timing, nature and duration of economic shocks," Mr. Trichet said.
Ottmar Edenhofer, who recently co-chaired Working Group III of the Intergovernmental Panel on Climate Change, offers a related metaphor of the scientific advisor as a 'cartographer' or 'map maker' of policy paths.
For his part, Summers says "The Best and the Brightest" provided valuable lessons in humility: it reminded him "that people in government positions would be given the positive news that they wanted to hear, would be overconfident about policy paths they had selected and would be insufficiently open to outside opinion".
We also consider the possible policy paths Japan may take.
The world's monetary and political problems require both countries to take parallel policy paths.
Similar(45)
India requires an alternative policy path.
But Britain's central bank has been less successful at mapping its future policy path.
Had it pursued a tighter policy path inflation would have moved even farther below trend.
Read my 2010 post on "Obama's Oil and Energy Opportunity" to get my view of a sustainable policy path.
For developed nations, the policy path is complicated by the fact that recovery is slow to unfold and weak.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com