But the outlook for a new, sensible policy is not promising.

A Future Oriented US Fiscal Policy

Wise policy simultaneously considers short , medium , and long term effects.

The Way Forward for Global Financial Policy

Whether it was threats to the environment, inequities in the distribution of wealth, lack of a sane policy or a sustainable policy with respect to the continuing uses of energy, we were in desperate straits.

Secretary of State Condoleezza Rice s adamant resistance to engage the Syrians is not exactly wise policy.

These are words of wisdom.

But unilateralism is not a rational long term and effective policy, for it will not lead to a genuine and lasting peace in the Middle East.

These purchases would need Treasury support, since this tactic is in effect a fiscal policy, not a monetary policy.

The result is a fiscal policy that aggravates rather than ameliorates America s economic malaise.

Moreover, India s government adopted a pro active fiscal policy, rolling out two rounds of stimulus packages.

But it would be unlikely to win such a war, and prudent policy on all sides can make such a war unlikely.

Crises need to be carefully managed.

But Daniels decided he would rather run for office in Indiana than take a stand in support of sound fiscal finance

The OMT scheme s German opponents argue that it is unconstitutional, because it is not monetary policy, but fiscal policy aimed at financing insolvent and lethargic eurozone governments.

There are four things which are little on the earth, but they are exceedingly wise

There be four things which are little upon the earth, but they are exceeding wise

and Hamath, also, which borders on it Tyre and Sidon, because they are very wise.

And Hamath also shall border thereby Tyrus, and Zidon, though it be very wise.

The alternative tinkering with reform while hoping that time, EU money, and a watchful eye will move the three Bosnian communities toward political harmony is not prudent policy.

It requires a fiscal policy that focuses not only on efficiency, but also on equity particularly on fairness in sharing the burden of adjustment, and on protecting the weak and vulnerable.

ELA There are more sobering notes among the n grams.

On the other hand, it is difficult to imagine that a Thatcher government would have run a loose fiscal policy in the 2000 s.

And to my mind, those are pretty wise words, no matter what your creed. Thank you.

Then a wise woman cried out of the city, Hear, hear! Please say to Joab, 'Come near here, that I may speak with you.'

Then cried a wise woman out of the city, Hear, hear say, I pray you, unto Joab, Come near hither, that I may speak with thee.

With the government still having room to wield expansionary monetary and or fiscal policy, the economic revival was only a matter of time.

The government has maintained a sound fiscal policy, despite consecutive budget deficits in 2002 and 2003, and a negligible level of foreign debt.

Faith in renewed growth is an ill advised policy strategy.

It is more important to have wise leadership and sound policies in place so as to ensure the delivery of results that meet people's aspirations.

In fact, most of the world believes that Germany should adopt a more expansive fiscal policy. According to this view, austerity is counter productive, because it induces slowdowns and recessions that make long term fiscal consolidation more difficult.

But unilateralism is not a rational long term and effective policy, for it will not lead to a genuine and lasting peace in the Middle East. Just as President Bush has discovered in Iraq, Sharon will also be forced to acknowledge the limits of his strategy.

With wise policy responses, the impact is likely to be relatively mild and short lived.

During the biennium 2004 2005, AAdministrative and ffinancial sservices programme has administered the secretariat's resources. It has developed internal financial and other controls with a view to enhancingimproving the recording and control of the use of resources, and administered human resources, including the formulation of an overall human resource policy for the secretariat.

In paragraph 144, the Board recommended that UNICEF adopt and implement a policy that would require contracts involving significant financial commitments to be submitted to the Senior Adviser (Legal) for clearance.

Perhaps the G 20 will be a venue in which the big emerging market countries remind the US and the UK of the lesson they once knew but have now forgotten what it means to run a countercyclical fiscal policy.

But the outlook for a new, sensible policy is not promising. At the end of the summit of Central American presidents, El Salvador s President Antonio Saca talked about a regional prevention plan.

As the current crisis has demonstrated yet again, capitalism needs stabilizing arrangements such as a lender of last resort and counter cyclical fiscal policy.

Undetected imbalances and systemic risk make fiscal policies seem prudent when they are not.

But the open economy that has bred Russia s economic success requires the maintenance of sensible policies to succeed.

In any case, limiting financial interdependence is the prudent strategy and the likely outcome.

UNICEF will continue to use, in a judicious manner, the services of outside agencies and consultants to fill gaps, carry out temporary assignments and perform specialized tasks.

In the meantime, we are doing our utmost through our good offices to help steer the process towards prudent conflict management.

Fiscal Follies

Nearly 7 billion dollars has entered the region in remittances, yet there is no single economic policy that attempts to leverage the development potential of this gift.