When dealing with macroeconomic or financial stability risks arising from large and volatile capital flows, the necessary macroeconomic policy adjustment could be supported by prudential measures and, as appropriate, capital flow management measures.
Turkey's macroeconomic policies, investments, and more importantly, strong public finance management, support PPP investments that require guaranteed purchase.
Ministers stressed that sound growth- and stability-oriented macroeconomic policies, open and flexible domestic and international markets, and regulatory and administrative frameworks that encourage entrepreneurship are vital to good economic performance.
We believe our emphasis on prudent, growth-oriented macroeconomic policies, strengthened financial institutions and markets, trade and investment liberalisation, and capacity building are cornerstones for renewed and sustainable growth.
Countries with external surpluses, including Japan and Germany, should continue to pursue appropriate macroeconomic policies and structural reforms that will encourage non-inflationary growth of domestic demand and facilitate external adjustment.
It said Malaysia's resilience is due to a diversified production and export base, strong balance sheet positions, a flexible exchange rate, responsive macroeconomic policies and deep financial markets.
In the Euro area, where growth has further strengthened and employment is rising, sound macroeconomic policies and vigorous structural reforms directed towards expanding investment, employment, and productive potential remain important.
These inefficiencies affect many aspects of economic activity, reduce potential growth rates and the prospects for job creation, diminish the effectiveness of macroeconomic policies and impede the external adjustment process.
Trying to adjust the structural component through macro-economic policy and exchange rate policy entails the risk of causing the development of destabilizing financial imbalances.
Balance between macroeconomic policy and financial regulation and supervision First, balance is needed between macroeconomic policy, particularly monetary policy on the one hand, and financial regulation and supervision on the other.
We reaffirm the key role of the G20 in boosting confidence and reducing vulnerabilities through effective implementation of macroeconomic policies and structural reforms, which will help to boost demand and potential growth.
A few members expressed the recognition that, under appropriate conduct of macroeconomic policy, both private consumption and business fixed investment had been resilient, and economic growth had been stable.
Debt deflation caused by deflation in the general price level can be cured by macroeconomic policy to stop deflation, and measures to address problems in financial intermediation.
Regular consultations, strengthened cooperation on macroeconomic policies, the exchange of experiences on structural policies, and ongoing assessment can strengthen our cooperation and promote the adoption of sound policies..
Towards better financial regulation and supervision Balance between macroeconomic policy and financial regulation and supervision Balance between regulation and self-discipline Balance between regulation and supervision Balance between preventing crisis and containing ripple effects 6.
This line of thought may lead to a notion that debt reduction after a financial crisis can work as a macroeconomic policy that restores economic growth.
During the bubble period, international policy coordination was often used as rhetoric to force other countries to make adjustments that should have been first dealt with by macroeconomic policy at home.
The government will not only flexibly manage macroeconomic policy but also formulate measures for strengthening the competitiveness and growth potential of Japan's economy-- including all possible decisive policy actions, such as carrying out bold regulatory and institutional reforms and better utilizing the tax system-- and promote them strongly.
In the Japanese case, using macro-economic policies, especially accommodative fiscal and monetary policy, failed to achieve its goal and rather contributed to foster an environment where it became more difficult for authorities to act promptly when there were signs that the economy was overheating.
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