Exact(23)
Firm, clear foreign policy reduces the uncertainty that is the major driver of mass migration.
There is some agreement that communication about future policy reduces long-term interest rates.
If the policy reduces grants first, there is no net financial benefit to the student.
If the policy reduces loans first, the college will have a lower net price, making it more affordable.
Supply-side reforms are needed to break down these barriers but loose monetary policy reduces the pressure to force through these painful changes.Central banks have also made life too easy for governments.
Recent research suggests that tight monetary policy tends to raise inequality while expansionary policy reduces it.If QE works and its potential costs are overstated, should the Fed not keep at it?
Similar(37)
But America is too complex to have national policy reduced to the single overarching priority of counterterrorism.
And domestic laws also give clear signals about direction of policy, reducing uncertainty, particularly for the private sector.
The policy reduced the boyars' political power, disrupted the Russian economy, and contributed to the centralization of the Muscovite state.
It can be accomplished by a combination of education (advertising), policy (reducing the trash generated by city agencies), legislation (requiring less packaging) and pricing (pay as you throw).
In China, the Communist Party's brutal population policy reduced the national fertility rate from 4.8 in the 1950s to around 1.8 today.
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Justyna Jupowicz-Kozak
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