The reduced deficits would restore confidence, which would restore investment and thus growth.

The Market Confidence Bugaboo

It took a 110 billion rescue package to curtail capital outflows and restore market confidence in the eurozone, and even the bigger member states were left gasping for credit.

As a result, fiscal consolidation appeared to be the only way to restore confidence.

It is high time to restore sanity to financial market regulation.

Confidence in the JGB market will likely decline.

The pursuit of market confidence would be superfluous.

A more certain future would restore confidence, boosting private investment and ensuring a robust recovery.

Austerians believe that only balancing government budgets and shrinking national debts will restore investor confidence.

Their deployment, even if limited in number, helps restore confidence, including in the Sudanese police.

CAMBRIDGE A specter is haunting Europe the specter of market confidence.

The Monti government has restored market confidence and Italy s international credibility.

The old orthodoxy held that one had to cut the deficit raise taxes or cut expenditures to restore confidence.

That is the way to restore the confidence of people everywhere in the Organization's integrity and ability to deliver.

An important first step would be to restore confidence in the integrity and independence of the judiciary and law enforcement.

Two steps, above all, are needed to restore confidence in liberty within the democracies affected by the legacy of 9 11.

Farther East, Japan is trying a new economic experiment to stop deflation, boost economic growth, and restore business and consumer confidence.

To be sure, governments and multilateral institutions made some reasonable attempts to restore confidence. But they did not engineer a recovery.

At this juncture, concrete actions would do much to restore confidence between the sides and advance negotiations on the priority areas.

Silvio Berlusconi s government, together with a fiscally conscious opposition, managed to secure in only a few days parliamentary approval of a package of measures worth more than 50 billion, in order to restore market confidence in the soundness of Italy s economic fundamentals.

The respective presentations by the parties impressed on the Secretary General the immediate and urgent need to rebuild trust and restore confidence.

But in times of crisis, market confidence takes on a life of its own.

That fall in confidence affected banks, the stock market, and the government and its regulators.

Restoring financial market confidence has had to rely on liquidity injections by major central banks.

Such an approach would provide the breathing space needed to restore confidence and implement reforms in an atmosphere of moderate optimism rather than despair.

It would be evident which policies work and which do not, and pursuing the right policies would be the surest way to restore confidence.

That is why steering the economy by the dictates of market confidence is a fool s errand.

The reasoning seems to be that growth requires market confidence, which in turn requires fiscal retrenchment.

Given the important role that commodity futures play for many market participants, regulatory measures should aim at enhancing confidence in the functioning of the market.

High public debt levels would still have to be reduced to create fiscal space and keep interest rates low enough to restore long term confidence.

Growth would restore confidence that Greece could repay its debts, causing interest rates to fall and leaving more fiscal room for further growth enhancing investments.

Japan plans to accelerate labor market reforms, strengthen competition, and advance fiscal consolidation to sustain domestic confidence.

Expectations and confidence in democracy, the market economy, and the larger European project have suffered as well.

If they succeed, they can pursue their own priorities and maintain market confidence at the same time.

A shrinking economy makes private and public debt look less sustainable, which does nothing for market confidence.

Monti s government took over from Berlusconi in November 2011, arriving with a clear mandate, and full parliamentary support, to implement the measures needed to restore market confidence and reassure Italy s eurozone partners and the International Monetary Fund that the country was not going down the path taken by Greece.

The challenge for policymakers is to restore enough confidence that companies can once again obtain short term credit to meet their payrolls and finance their inventories.

But all eurozone governments need to demonstrate their own commitment to fiscal consolidation in order to restore the confidence of markets and of their own citizens.

I can think of no better way to restore confidence in these two venerable institutions than to finally open up the way their presidents are selected.

But it would at least be a step in the right direction and it might just restore confidence in a negotiating process that is slowly going nowhere.

The new Government must take the lead, with the help of the international community, in starting to restore confidence and reconciliation in an all inclusive national process.

So, should Europe embrace fiscal federalism in order to strengthen the eurozone and restore investor confidence? The problem is that fiscal federalism means different things to different people.

The ACP Group sought the intensification of work in the rule making area so as to restore balance between market access and rule making.

So, if market confidence has a meaning, it must be something that is not pinned down simply by economic fundamentals.

Confidence is fragile in an environment characterized by ongoing deleveraging, macro uncertainties, weak labor market growth, and a fiscal drag.