True, there is no inflation problem in the short run, but the ECB s monetary policy focuses on the medium term.

In the long run, however, the outcome of backing down may not be so clear.

But this is not a long term risk worth taking.

This analytic problem is hardly unique to short termism.

In the long run, more diversity is needed.

To be sure, retrenchment could entail some short term costs but the longer term benefits would be much bigger.

I am not so bullish on Europe and America.

No one doubts the depth of Europe s official long run commitment to integration.

But European elites, preoccupied with short term fixes, have not considered the long term need for such revisions to their own detriment.

There is no contradiction between delivering high returns and adopting a long term approach.

The second is that medium term inflation expectations no longer remain sufficiently well anchored.

Short run stability certainly seems attractive right now.

Regrettably, however, the situation is not tenable in the long term.

Maybe this allows him to focus more on long term fundamentals and thus to make investments that may not perform well in the short run.

Of course, we know that a different approach will be needed in the longer run.

Arbitrary and prolonged pre trial detention remains frequent throughout Afghanistan.

To turn back would jeopardize the long term strategic interests of both countries for short term political expediency.

We should adopt policies that benefit the economy in the short run at reasonable long run cost, and reject those that do not.

So much for the long term.

longer lasting security effect.

Those are love letters... yellowing with antiquity... all from one boy.

Of course, economic engagement will not solve the nuclear conundrum in the short term. Nothing will.

But the long term nature of this challenge must not lull us into inaction.

But is an EMF really what is required in the long run? I think not.

But, at least in the short term, there seems to be no alternative to Calderón s strategy.

To achieve sustained growth, a balance between short term and long term objectives must be struck.

This can work in the short term, but it cannot be sustained over time.

Stocks and the Long Run

The Long Decline of Western Europe?

This process does work in the long run.

This is a long, slow process

America s gravest fiscal problem is the short and medium run deficit between tax revenues and spending.

Moreover, infrastructure investment not only creates jobs in the near term, but also promotes long term competitiveness.

It is also a symbol of futility, because it does not constitute a viable long term solution.

There is no doubt that the long term price of insuring against crises is worth paying.

They can see short term returns, but they do not understand very well how those returns are generated.

This manner of governance bodes well neither for economic growth nor democracy in the long term.

In short, the Kyoto agreement meant lots of short term pain for little long run gain.

That may entail some expense in the short term, but with dividends in the long run.

But tying executive payoffs to long term results does not provide a complete answer to the challenge facing firms and regulators. The question still remains long term results for whom?

Thus, although Serbia s loss of sovereignty over Kosovo will undoubtedly be painful in the short term, the long term gains for the entire Western Balkans region from eventual EU accession are vastly more significant.

Strategic long term vision statement.

Germany has long standing ties with Afghanistan.

New Zealand will be there for the long haul.