Poor Portugal, Ireland and Greece are saddled with their harsh fiscal policies and draconian interest rates despite double-digit unemployment and negative GDP numbers.
The real weakened to BRL1.79 from BRL1.54 earlier in the year due to a combination of government fiscal policies and the slowing global economy.
During Koch's three terms from 1978 to 1989, he helped New York climb out of its financial crisis through tough fiscal policies and razor-sharp budget cuts.
Some economists say it was lucky for Israel that a big share-dealing scam in the 1980s encouraged governments, after bailing out a number of banks, to pursue conservative fiscal policies and tighten regulation.
But in recent months the winds of change have started to blow in Japan as Prime Minister Shinzo Abe promoted new fiscal policies and Bank of Japan Governor Haruhiko Kuroda introduced dramatic monetary measures.
This stunning performance owes much to Australia's sound monetary and fiscal policies and to structural reforms, which (it should be noted) were started by a Labor government in the mid-1980s but continued by Mr Howard.
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But he adds that Lula has contributed to his own good fortune: he kept Mr Cardoso's fiscal and monetary policies and gave the Central Bank operational independence.
For Francois Hollande, it means looser fiscal and monetary policies, and a slower pace of structural reform (if any).
The basic policy conclusion of the rational expectations hypothesis is that counter-cyclical monetary and fiscal policies affect real GDP and unemployment only if they are unanticipated.
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The country's central bank doesn't expect the euro's demise but "could be expected" to look for a potential new peg among other European countries with "prudent fiscal policies" and with which Latvia already trades heavily, said a spokesman for Latvijas Banka.
This happened to coincide with topics that were of vital importance to the world then: democracy, free markets, and growth-oriented fiscal and economic policies for America and other capitalist societies.
Industrial and Commercial took a hit in the first and second quarter of 2012 as investors feared a hard landing and questioned a number of fiscal and monetary policies designed to curb inflation and ease up on real estate lending.
Investors were not convinced that monetary and fiscal policies were having a positive impact on price increases, and worried that macroprudential measures could hurt the economy.
His call for a review of "inconsistencies" in the States fiscal framework and policies was lost 21-24.
Prime Minister Shinzo Abe's fiscal policies for growth and inflation -- known to many now as Abenomics -- are not to blame so much as financial quakes and questions from the world's other major economies.
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Too often, he thinks, his predecessors courted popularity with loose monetary and fiscal policies, only to be forced into abrupt reversals when inflation shot up and financial markets expressed disapproval.
Monetary and fiscal policies became disconnected in Europe because the euro zone lacked this feature.
First, the agency's orthodox strategy of floating currencies and tight fiscal and monetary policies is flawed.
But this was then suspended because the Fund disapproved of the government's fiscal and electricity policies.
Countless discussions over fiscal and monetary policies will carry on, but time will tell.
He has continued the orthodox economic and fiscal policies carried out by the previous two Peruvian governments.
That might be because most of what was new in her monetary and fiscal policies didn't really work.
The catalyst for this change: Greece's 2001 entry into the eurozone, which had imposed strict fiscal and monetary policies.
The Crisis countries have achieved substantial current account surpluses, making possible a significant easing of monetary and fiscal policies.
ECB's independence that the French have long sought, but to make it easier to co-ordinate monetary and fiscal policies.
Monetary and fiscal policies have been ineffective, at least in the short term.
If inflation is not to take off, freeing the currency needs to be combined with tight monetary and fiscal policies.
The combination of such irresponsible fiscal and monetary policies threatens to erode confidence in the dollar as a reserve currency.
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All member states of the Union are all engaged in policies of fiscal consolidation and strengthening competitiveness via comprehensive reforms.
One lesson is that getting monetary and fiscal policies right may be even more important than picking the best economic model.
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