policy response

On the surface, the policy response to that recession looks like a success story.

If we were at the beginning of an ordinary cyclical recovery, the combined fiscal and monetary policy response would be reasonable.

There certainly is the fact of a worldwide policy response to what is viewed as an increasingly threatening situation.

I shall next week talk about the appropriateness of a macroeconomic policy response to deflation .

In my view, the policy response to this point has been ad hoc, resulting in inequitable outcomes among firms, creditors, and investors.

First, deflation: clearly, there has been a very aggressive monetary policy response.

Neither of these parallels is exact, because today's global slump combines several types of downturn and an unprecedented policy response.

That would be a momentous challenge for the system but the policy response would be no different, only faster.

"There is certainly the fact of a world-wide policy response to what is viewed as an increasingly threatening situation, " said Mike Mussa.

Second, the action must be part of a broader policy response that has both a domestic and international dimension.

"We've had a much better policy response already" compared to the 1930s, she said.

He gave no indication of a policy response.

And even once they began to crash, the U. S. policy response was extremely important.

As well as promising a "broader policy response" to the current crisis, the G20's leaders laid out a detailed plan for financial reform.

The active side of the Austrian policy response would be to reduce the size of government, budget, taxes, and regulations.

fiscal policy response has so far focused on supporting the financial sector and enterprises, with rather limited support to households.

"It follows that the need for a more aggressive policy response is becoming clearer. "

The public policy response could also lead to a much wider use of the most drastic solution, for those willing to submit to it: surgery.

A better policy response to a negative shock is to expand the quantitative easing programme through the purchase of Treasury securities.

The rally since March in global equities has been underpinned by the massive policy response from governments around the world.

However, the prospect of a major Eurozone policy response will dominate the markets focus and positioning.

Now it is the member states that are resisting the urgent need for a coordinated EU-wide policy response to the deepening crisis.

The neoconservative policy response to an undead uprising would be simple and direct.

Hence, the rationale policy response is to proceed with capital account liberalisation while keeping an iron grip on the property market.

As things stand, the global policy response is encouraging fresh borrowing and consuming, so imbalances are likely to re-emerge quickly.

The rich doubly benefit: by the underlying market forces of globalisation and by their governments' policy response.

Far less convincing are Mr Stiglitz's sweeping- often vitriolic- criticisms of the "unimpressed" policy response.

China's short term policy response to the crisis has mainly focused on investment, but it also helped in keeping up consumption growth.

Across the world, economies are sinking fast, while we wait for someone, anyone, to offer an effective policy response.

But the imminent slowdown also reflects a variety of specific structural challenges which require active policy response.

It is best seen as a premonitory blip which prompted an excessive policy response that happened to cause the global economy to overheat.

There are, nevertheless, arguments and pressures for a macroeconomic policy response to deflation.

Such measures are the best long- and short-term policy response to high price levels.

Fourth, policy paralysis and big government: clearly the disaster requires a unified and coordinated policy response.

The policy response suggests that the disaster will not be repeated.

There is no such thing as a standard policy response to all recessions.

Further, if the supply shock is temporary, there is in fact no need for a monetary policy response.

"The trade and investment policy response to the global recession has so far been relatively muted, " the study said.

A credible and effective policy response that reduced uncertainty would alleviate the drag on global and UK spending.

He also knew the importance of ideology and personality in the history of economics, so he recounted the debates over the policy response.

We are in a different situation today, and this situation requires a different policy response.

The race against deflation is on, and it could demand an even more urgent policy response than has looked likely so far.

The scale of woes calls for an equally dramatic policy response, he argues.

The policy response to these economic challenges has only accelerated the rise in exports.

However, such flags are less useful in determining the source of environmental harm or identifying a policy response.

These would tackle specific problems that need an immediate policy response.

It can play a useful role, especially since we do not have the stomach for an optimal fiscal policy response.

The outcome is also disastrous with the modest fiscal response but no financial policy response.

Equally important, the fund has been on the cutting edge of the global policy response.

Given these uncertainties, the right monetary policy response is also unclear.

''It makes a policy response very difficult because you need a broad approach. ''

Neither would she discuss the policy response or make emotional appeals.

"This policy response simply amplifies the shocks, " he says.

Mr Taylor finds evidence from the paper's sample of crises to suggest that a swift policy response helps to limit the economic fall-out.

The culprit is the policy response to the global credit crisis.

The opacity of China's economic situation arises more on the policy response than the economic data.

Then there is the problem of the policy response: President Bush quickly pledged $20bn to rebuild New York City.

Mr. Wang said that based on recent trends and without a policy response, China could have seen 5% to 6% growth next year.

In my view the problem is not very serious, and the policy response will be moderate.

You are gathered here to mount a focused and forceful policy response to noncommunicable diseases.

Even if that doesn't happen, however, the fact is that the policy response to the crisis was and remains vastly inadequate.

This is the main reason why the Geithner plan is not an optimal policy response.

The good news, they say: The policy response has been much better this time around.

As a result, the policy response to the current crisis has been "more of the same" .

Over time, the policy response has been to cushion their creditors from the consequences.

Press Release: Policy Response to the Banking Sector Consultancy Study

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need for coordinated action in policy response to the economic downturn and other crises;

Therefore, facing the question which the anusual phenomenon on urbanization procession brings, we should make the positive policy response;