词汇 | example_english_fiscal-sustainability |
释义 | fiscal sustainabilitycollocation in Englishmeanings of fiscaland sustainabilityThese words are often used together. Click on the links below to explore the meanings. Or, see other collocations with sustainability. fiscal adjective uk /ˈfɪs.kəl/ us /ˈfɪs.kəl/ connected with ... See more at fiscal sustainability noun[U] uk /səˌsteɪ.nəˈbɪl.ə.ti/ us /səˌsteɪ.nəˈbɪl.ə.t̬i/ the quality of being able to continue over a period ... See more at sustainability Examples of fiscal sustainabilityThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. In this respect, neither growth nor the interest rate seems to be a useful indicator of fiscalsustainability by itself. Second, it must be emphasized that fiscalsustainability can be extremely fragile. As individuals maximize utility and therefore react to fiscal policy, the model provides a suitable framework to inquire about fiscalsustainability. First, the existence of steady states is not sufficient to ensure fiscalsustainability. Political biases in fiscal policies can ultimately lead to increasing debt ratios, possibly endangering fiscalsustainability. Coming back to the first steady state, theory tells us that it is inherently unstable, making fiscalsustainability very fragile. Thus, the build-up of the taxable base of the economy is delayed, and so is the time at which fiscalsustainability can be achieved. Therefore, the external constraint was a ' push' factor to consolidation without ensuring fiscalsustainability. They are ' push' factors in the course of fiscalsustainability, but additional ' pull' factors should be at work to overcome well-entrenched reform opposition. Overlapping generations models are suitable theoretical tools to address fiscalsustainability issues. However, when temporary shocks occur in the neighborhood of an unstable steady state, which is the standard case in an economy with public debt, they endanger fiscalsustainability. Third, fiscal policy rules seem to be necessary to ensure fiscalsustainability. Fiscal rules preserving fiscalsustainability seem more appropriate to deal with small shocks, as they timely maintain the economy on a sustainable path and do not lead to disruptive adjustments. The focus is on ' fiscalsustainability ' or, in other words, ensuring that future generations of taxpayers do not face an ' unmanageable bill ' for government services provided to the current generation. As our aim is to examine government debt in a model where fiscal policy is effective and there are risks to fiscalsustainability, we assume that there are no bequests. Second, since debt dynamics are in general unstable, fiscal rules are needed to maintain fiscalsustainability. The reinstatement of fiscalsustainability and the debt criterion prescribe structural adjustments (pension system, labour market, etc.) and force a revisiting of the budgetary revenue/expenditure structure. Fiscalsustainability is a prerequisite for macroeconomic stability. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 The drop in birth rates and an ever-increasing ageing population call for a change in policy if we are to guarantee fiscalsustainability. From Europarl Parallel Corpus - English A long-term approach to fiscalsustainability must include a strategy to cope with demographic change, including population aging. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. Want to learn more? Go to the definition of fiscal Go to the definition of sustainability See other collocations with sustainability |
反思网英语在线翻译词典收录了377474条英语词汇在线翻译词条,基本涵盖了全部常用英语词汇的中英文双语翻译及用法,是英语学习的有利工具。