Yet markets repeatedly found reason to question peripheral economies' willingness to subordinate domestic policy to the demands of the system.
German Christian, any of the Protestants who attempted to subordinate church policy to the political initiatives of the German Nazi Party.
The attempt to subordinate foreign policy to domestic politics is a quadrennial phenomenon, but "the lengthening of the political season, combined with the president's understandable desire to be re-elected, has meant a longer distraction than in previous elections," said Martin S. Indyk, director of foreign policy at the Brookings Institution.
So if capital controls proved too difficult, countries would be required (as they were under the gold standard) to subordinate monetary policy to maintaining the exchange rate peg.It is hard to see countries giving up their monetary flexibility unless they are forced to; the option to inflate away your debt or devalue your currency to steal a march on your trade rivals is too tempting.
This model subordinated social policy to economic goals.
America needs to maintain its sovereignty and autonomy, not to subordinate its policies, foreign or domestic, to international control.
The chairwoman of the CNE defended the decree as a government prerogative.Mr Maduro was equally ruthless in subordinating economic policy to the imperative of electoral victory.
Hence, there is a lack of trust, in the eyes of the private sector, in the extent to which sound public finance is written into the DNA of the Indian State.The government's fiscal expedients may also do lasting damage to the de facto independence of the Reserve Bank of India, subordinating monetary policy to fiscal necessity.
Hereditary military officers, although granted ranks and stipends higher than their civil service counterparts and eligible for noble titles rarely granted to civil officials, always found themselves subordinate to policy-making civil servants, except in the first years of the dynasty.
His views, in fact, are not far from those expressed in a controversial article published last year in the London Review of Books, by Stephen Walt and John Mearsheimer, denouncing the American Israel Public Affairs Committee AIPACC) for subordinating American policy to Israeli interests and, by doing so, radicalizing public opinion in the Arab world.
