What is needed are constraints on fiscal policy by each country, not a supranational fiscal authority.

So political constraints may prevent fiscal austerity and structural reforms from being implemented.

At that point, self inflicted domestic political weakness collided with the fiscal constraints of the euro rescue.

Given scarce public funds and fiscal constraints, to increase spending, users must cover a higher share of the costs.

The constraints for eurozone countries are similar to those of a state in America that gets into fiscal trouble.

The tight fiscal constraints in donor countries are seriously limiting the prospects of their increasing official development assistance substantially.

Finally, some question whether, given America s fiscal constraints, the US military can make the investments necessary to implement the rebalance.

It misjudged the consequences of fiscal consolidation and credit constraints, underestimating the contraction of employment and overestimating exports and privatization receipts.

With rising public debt worldwide placing fiscal constraints (real and imagined) on global economic recovery, such cooperation is more urgent than ever.

It is no surprise that the public sector, where productivity is low and fiscal constraints soft, typically has the greatest union concentration.

Consistent with this perspective, medium term prospects were explored in terms of an interacting set of saving and foreign and fiscal constraints.

Such support is urgently required, since fiscal constraints prevent such start up costs from being absorbed by the Government apos s budget.

Moreover, at a time of insufficient global demand and fiscal constraints in the developed countries, there is an urgent need for new drivers of growth.

Constraints

Constraints

Constraints

Constraints

Constraints

To repair that situation, Solomon Islands must address harmful past policies of economic mismanagement, a lack of fiscal discipline, faulty governance and capacity constraints at all levels.

Resource constraints

C. Constraints

Other constraints

Operational constraints

Entity Constraints

Angle Constraints

And, given the fiscal constraints that all nations face, it is imperative that we coordinate our efforts and our resources, and make the most of what we have.

But EU member states, facing their own fiscal constraints, have shown no willingness to consider additional bilateral aid. So Ukraine continues to teeter on the edge of the abyss.

But the evidence is that highly effective fiscal policy, even at the zero lower bound on interest rates, remains at best a theoretical possibility, subject to severe political constraints.

There are constraints.

Obstacles and constraints

Cannot fullfill constraints

A. Organizational constraints

I. Financial constraints

(e) Resource constraints

Spain was not in an enviable position. The rapid deterioration of fiscal position after the crisis made any substantial countercyclical response impossible, while regulatory constraints limited the economy s structural flexibility.

Second, the troika based its programs on overly optimistic assumptions. It misjudged the consequences of fiscal consolidation and credit constraints, underestimating the contraction of employment and overestimating exports and privatization receipts.

The US also faces political constraints to fiscal consolidation Americans are deluding themselves that they can enjoy European style social spending while maintaining low tax rates, as under President Ronald Reagan.

But consider the constraints.

Difficulties, constraints and solutions

(c) Any accounting constraints

C. External transport constraints

First the physical constraints.

But most are experiencing disastrous output contractions amid severe fiscal constraints and nearly collapsed monetary systems, thus undermining two integral components of a successful nation state economic independence and self sustaining growth.

Fiscal Follies

What's fiscal ?