After all, restoring stability and growth is only partly about reviving short term aggregate demand.

But, during a period of weak domestic demand, structural reforms might actually exacerbate short term problems.

China s economy is prone to rapid growth, with buoyant investment demand sustaining powerful short term inflationary pressures.

Finally, as is true in many of the advanced countries, weak demand constrains Italy s short and medium term growth.

Increasing the retirement age, for example, improves the perspective for public finances, but it does not weigh on short term demand.

Short Term Talk, Long Term Cost

Short term interest rates, most macroeconomists would say, could always be set low enough to generate reasonable rates of employment and demand.

Short term Recommendations

Short term studies

The US economy needs a second round of fiscal stimulus in the short term to make up for low private demand, together with a credible long term fiscal consolidation program.

In the short term, dollar depreciation does not affect supply and demand, but it does affect speculation and investment in oil futures markets.

In the real world, of course, such countries political economies demand short term gains, beginning with basic services like potable water and electricity.

Short term (2005 2006)

The policy has short term and long term objectives.

Short term indicators for services

Let me conclude by saying that terrorist financing is not a short term policy with short term goals.

Rather than intervening to obtain a short term increase in their share of slow growing global demand, it makes sense for countries to make their economies more balanced and efficient over the medium term.

While measures to curtail the supply of illicit drugs might be effective in the short term, in the long term the drug problem could only be addressed effectively by reducing the demand for such drugs.

Short term considerations will not suffice.

If the IMF had to live up to private sector standards, it would create a new instrument that would meet members potential demand for short term liquidity.

First, governments must balance long term goals with short term achievements.

Rather than intervening to obtain a short term increase in their share of slow growing global demand, it makes sense for countries to make their economies more balanced and efficient over the medium term. That will allow them to contribute in a sustainable way to increasing global demand.

This will not be a short term crisis, so we cannot think only in the short term in formulating our response.

Today s short term crisis does not materially alter their long term prospects.

Demand for loans was low, leaving it short of revenue.

In short, policies are becoming more unconventional, not less, with little clarity about short term effects, unintended consequences, and long term impacts.

This brings us to the need to balance short term imperatives with long term vision. Energy projects and policies today must account for the projected increase in emerging market demand, while ensuring sufficient investment in future generating capacity.

This approach too often sacrifices long term essential objectives to short term concerns.

Are Stock Markets Really Becoming More Short Term?

On the political front, the US faces a near complete legislative stalemate, with no sign of a compromise that could lead to the optimal policy mix short term support to boost effective demand and long term structural reforms and fiscal consolidation.

Many projects, from airports to university campuses, benefit from returns over decades, which implies that weak demand in the short term will have only a limited impact on their overall viability.

Thus, while there are short term memory components to working memory models, the concept of short term memory is distinct from these more hypothetical concepts.

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

He said no to many short term marital relationships.

In fact, America s short term advantages pose the biggest obstacle to its long term outlook.

A successful long term strategy cannot be seen as a succession of short term fixes.

This raises long term well being all around, but exacerbates short term inequalities and frictions.

The typical bank is capitalized with equity, long term debt, short term debt, and deposits.

Redistributive measures go quite well with stimulus policies, because they may be expected to increase aggregate demand in the short term (owing to lower income households higher propensity to consume) and minimize the economy s dependence on debt financing in the long term.

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

This could generate financial strains over the medium term and protectionist pressures in the short term.

Shortsighted politicians like Bush often skimp on long term investments in favor of short term advantage.

Second, both countries must find the right metric to balance short term and long term interests.

Standards implementation remains the road map for the short term but also for the long term.

In other words, they assume that after the initial study determining the short term sigma level, the long term Cpk value will turn out to be 0.5 less than the short term Cpk value.