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I think for something as serious and as sensitive as the environment, we need stable predictable policies.
While foreign investment pours into neighbouring Brazil, Ms Fernández has done nothing to assure investors that they will enjoy predictable policies while she is in power.
With an announced goal and consistent, predictable policies, markets might drive interest rates where the Fed wanted them to go anyway.
With consensus and agreed regulatory goals and consistent, stable and predictable policies, the regulatory costs of the handset subsidy related policy can be reduced.
Subsidies for renewable energy can't last forever, but most policy analysts agree that predictable policies are best for the business community.
Unless, he says, "Congress adopts clear, predictable policies" — with long-term tax incentives and infrastructure — so thousands of investors can jump into clean power, we'll never get the scale we need to break our addiction.
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But Mr. Summers has a history of skepticism about the Fed's move toward predictable policy-making, beginning with his 1991 declaration that "monetary rules should be avoided".
The IMF would have pushed for the reform of public finances and of the tariffs of privatised utilities in order to offer investors a predictable policy framework over the medium term.
A supportive, predictable policy and business environment that respects intellectual property rights on patented technologies and the sanctity of private contracts can encourage long-term investments to create the new tools and technologies that Indian farmers need.
"Stable and predictable policy settings are also required, as to be effective in reducing emissions carbon plantings must be maintained for a 100 years or more," the study finds.
"For foreign investors, a stable and predictable policy environment, along with dependable legal and political institutions, are key considerations in addition to market size and growth potential," said Eswar S. Prasad, an economist at Cornell University and the Brookings Institution who has advised the Indian government.
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