Example sentences of "[conj] balance [prep] [noun pl] [noun] " in BNC.
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| 1 | A more complex rule , linking monetary policy to last period 's unemployment rate or balance of payments deficit or whatever , may be less easy to understand and more subject to error because of , for example , inaccuracies in the balance of payments figures . |
| 2 | For similar reasons , not much weight can be given to the argument that balance of payments difficulties arose from persistent excess absorption ( i.e. too high a level of demand ) in the economy [ Matthews et al. , 1982 ] . |
| 3 | A country which experienced volatile movements in capital flows , operating under a floating regime , would find that balance of payments equilibrium might be attained only by tolerating very wide swings in the foreign exchange value of its currency . |
| 4 | It is indeed true that balance of payments deficits can be sustained for longer than they could a generation ago ; we would have never got this far without a much worse sterling crisis if that were not the case . |
| 5 | When the economy was growing too fast , and inflation and balance of payments problems were starting to emerge , the budget was used to apply the brakes — through higher taxation , tighter hire purchase controls , etc . |
| 6 | Military expenditure is dysfunctional for the domestic economy in the long term because it leads to low investment , lowers overall growth performance and encourages high unemployment and balance of payments problems . |
| 7 | They then alleged that the private ( marketed ) sector was squeezed by higher taxes to finance this growth in the public sector — the result being deindustrialization , low labour productivity , low economic growth and balance of payments problems ( see also Ch. 14 ) . |
| 8 | Sir : Reference is made to the recent case in which Sheriff Muir Russell at Stonehaven Sheriff Court refused to endorse a licence because of an offence of exceeding the 50 and 60 miles per hour ‘ political ’ speed limits which he is reported as describing as having been ‘ introduced for inflationary and balance of payments reasons , nothing more ’ . |
| 9 | A standard monetarist prediction of that decision would have been that it would produce two years of boom , followed by growing inflation and balance of payments deficit . |
| 10 | iii General economic benefits in the form of domestic jobs and balance of payments benefits . |
| 11 | ‘ Revisions of the National Accounts and balance of payments figures have caused worry . |
| 12 | Consequently the policy of expanding and then contracting demand , which came to be known as ‘ stop — go ’ , was a result of the direct conflict between the employment and balance of payments objectives since control over the level of aggregate demand was relied upon in order to achieve both goals . |
| 13 | So far we have discussed the existence of trade-offs between the employment and balance of payments objectives , and between employment and changes in prices . |
| 14 | High military expenditure will fuel inflation , reduce international competitiveness , and balance of payments crises will occur as public debt increases . |
| 15 | Despite occasional minor recessions and balance of payments crises , full employment and at least a tolerable degree of stability are likely to be maintained . |
| 16 | This project investigates causes and consequences of major macroeconomic problems--in particular , unemployment , stagnation , inflation , and balance of payments difficulties--in terms of microeconomic imperfections in the labour and product markets . |