Macroeconomic stability economic growth ___________

A. Political and macroeconomic stability

A. Political and macroeconomic stability . 4 8 4

For them, four core principles were paramount liberalization, privatization, macroeconomic stability and budget stability.

Brazil, meanwhile, has exhibited commendable political and macroeconomic stability.

Third, macroeconomic stability, investment, and growth are mutually reinforcing.

14. The third concept was that of macroeconomic stability.

But greater macroeconomic stability does not mean that everything is fine.

Macroeconomic policies leading to a degree of stability were also important.

Ideally, policies aimed at macroeconomic stability should also emphasize economic stability and economic growth that generates employment.

With this macroeconomic groundwork laid, greater economic, and soon political, stability followed.

Others argue that the stable exchange rate fosters macroeconomic stability in China.

To do so will require an appropriate macroeconomic framework conducive to economic stability.

A decrease in military outlays may support budgetary reform and promote macroeconomic stability.

A return to pre 2007 levels of macroeconomic and financial stability would support growth.

An adequate degree of macroeconomic stability is important for the effective functioning of businesses.

Bangladesh is enjoying today perhaps the longest period of macroeconomic stability in its history.

Global macroeconomic stability requires that we avoid such large current account imbalances in the future.

18. Since gaining independence in 1991, Slovenia had attained a substantial degree of macroeconomic stability.

A government that cannot balance its own finances cannot be relied on to provide macroeconomic stability.

Even Venezuela s Hugo Chávez the most vociferous of them understands the importance of maintaining macroeconomic stability.

Short term macroeconomic stability is the immediate priority in Egypt and the other Arab Awakening countries.

(a) The promotion of a broader vision of macroeconomic stability to fuel growth and reduce volatility

Moreover, some large Latin American countries had improved their macroeconomic policies and thus their financial stability.

Indeed, price stability, and the broader macroeconomic stability emanating from it, would provide a good foundation for pushing forward with other financial sector reforms.

But, whatever its packaging, the belief that macroeconomic stability requires only minimal government intervention is simply wrong.

There will be progress in macroeconomic stability and economic governance, and the possibility of an HIPC initiative.

Recent economic growth has been fueled by macroeconomic stability, improved terms of trade, and rising investment and consumption.

(b) Undertake and maintain efforts to create macroeconomic stability and carry out appropriate structural adjustment and liberalization policies

Governments should ensure that social and environmental costs are accurately reflected in prices, and lead to macroeconomic stability.

Genuine eurozone stability presupposes macroeconomic alignment, which in turn requires the political integration of a well functioning economic union.

There will be no less than three different, partially overlapping, European procedures for budgets, macroeconomic imbalances, and financial stability.

The International Monetary Fund (IMF) reported that countries in this interim stage encountered difficulties in maintaining macroeconomic stability.4

This would have a negative impact on the balance of payments, macroeconomic stability and the investment needed for growth.

15. Underlines the importance, for the improved access of developing countries to international financial markets, of considering counter cyclical macroeconomic policies in the face of volatile capital flows and of strengthening macroeconomic stability

The European Central Bank s mandate is to ensure price stability, but inflation is far from Europe s most important macroeconomic problem today.

China has similar problems, with the investment growth nexus threatening macroeconomic stability witness the overheating that occurred in 2003 and 2004.

In our domestic affairs, we have managed to reverse a long process of deterioration to achieve macroeconomic stability and political institutionalization.

This has been a major factor in recent currency and financial crises, with serious negative impacts on macroeconomic stability that has reduced flexibility for macroeconomic policies and produced adverse effects on capital accumulation and growth.

First, in the past, short term macroeconomic stability was often achieved at the expense of structural adjustment and rational allocation of resources.

The private sector was recognized as the engine of economic growth, while the Government ensured the rule of law and macroeconomic stability.

Although capacity building activities are more likely to succeed in conditions of macroeconomic stability, their success is not absolutely dependent upon it.

Those preconditions included macroeconomic and legal reforms, as well as transparency and stability of arrangements and respect for the rule of law.

6. Macroeconomic stability and mutual consistency of government policies were considered to be essential prerequisites for the success of trade policy reforms.

In many cases, macroeconomic stability was pursued without regard for the needs and interests of poor and vulnerable sectors of the population.