Threading the Fiscal Needle

Many investors also feel the need to balance increasingly speculative investments ( satellite positioning ) with much safer investments ( core positioning ).

In the US, consolidation has barely begun.

But a fiscal crisis calls for political self restraint.

So it would have been lethal to embark on fiscal consolidation back then.

Fiscal consolidation was not, however, the result of formal fiscal rules.

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

This calls for caution with consolidation efforts.

Second, adjustment fatigue is widespread and becoming more acute.

Fiscal consolidation is the second pillar of France s economic strategy.

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Europe needs fiscal consolidation, reductions in carbon emissions, and a strategy for economic growth.

A team of finance staff members was sent to the mission to assist in bringing the financial operations of UNOSOM up to date so that expenditures may be properly controlled.

The document describes the situation with public health in Latvia, pointing at the main problems and the possible solutions.

In each case where fiscal consolidation supposedly was expansionary, the economy grew because of some third factor.

Indeed, in contrast to the United States, eurozone authorities were slow to consolidate the banking system after the global financial crisis erupted in 2008, and failed to sever the ties between sovereigns and banks balance sheets. Nor did they push strongly for structural reforms.

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6. Public administration and fiscal affairs

Public administration and fiscal affairs

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Only by adjusting the distribution of public finance can China s leadership help local governments to decrease their reliance on land transfer revenues and bank loans.

(e) To develop a plan and assess financial requirements for the demobilization of combatants

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In this case, fiscal consolidation is likely to affect their investment spending positively.

In the United Kingdom, the new government gave several reasons for front loading fiscal consolidation.

Fiscal consolidation therefore requires additional revenue as well as slower growth in entitlement spending.

Austerity based fiscal consolidation is likely to fail, because sustainable public budgets are best achieved on the basis of strong economic growth.

They moved on to some other situation.

How's the jewelry business, Berger?