After this followed a period of peace.

This could generate financial strains over the medium term and protectionist pressures in the short term.

First, on a medium term time scale, the EU needs substantial immigrants.

Fiscal austerity, while necessary, means a deeper recession in the short term.

But the long term prognosis made especially dire by health care reform s inability to make much of a dent in rising medical costs is sufficiently bleak that there is increasing bipartisan momentum to do something.

The United States is unlikely in the short term to embrace massive budget cuts, à la the United Kingdom.

However, for countries that were undergoing long term changes (whether positive or negative), only a short base period could accurately reflect their capacity to pay.

But, in a currency union with huge differences in income and development levels, the short term can stretch out for a very long time.

Extravagant promises to behave better at some future point are not completely credible, although they often have a short term impact.

Today s short term crisis does not materially alter their long term prospects.

But the short run view is not the important one.

The rules of procedure governing the Authority's functioning, responsibilities and short , medium and long term objectives are currently being prepared.

As part of the work on regional infrastructure, the Bank has developed a short term action plan.

Given the negative consequences of this approach, it might be wise for the central government to consider establishing, for the short run, quotas or ceilings for total local government borrowing.

Since 1991 there has been little change in the education system except that there has been a general deterioration in the quality of training at all levels.

Standards implementation remains the road map for the short term but also for the long term.

114. In the field of social security, a short term project funded by UNDP was implemented in Yemen.

Even structural reform reduces output in the short run, because it requires firing workers, shutting down money losing firms, and gradually reallocating labor and capital to emerging new industries.

In the shorter term the regulatory framework is not developing as fast as the situation on the ground, where the regulation of the increasing number of privately owned public transport operators is currently weak (ECMT, 2005).

Furthermore, projects are likely to be of a short term nature to meet unforeseen needs.

2. The most dynamic components were private short term capital, including repatriation, and foreign direct investment.

They are intended to provide academic and administrative staff of the higher education sector with the opportunity to benefit from limited mobility periods abroad.

Reducing the face value of mortgages and providing the upside in case home prices were to rise in the long run to the creditor banks is another way to convert mortgage debt partly into shareholder equity.

So, yes, government spending provides a short term boost, but there is a trade off with long run secular decline.

Both powers have sought to use the Shanghai Cooperation Organization a regional grouping that includes Russia, China, Uzbekistan, Kazakhstan, Kyrgyzstan, and Tajikistan as a vehicle to pressure the US to withdraw its military forces from the region.

However, this cooperation represents a short term, tactical marriage of convenience rather than a budding new strategic alliance.

Bilateral creditors may also extend a short term credit at the end of the programme to repay the outstanding arrears.

The private sector can spend less and save more, but this would entail an immediate cost known as Keynes paradox of thrift declining economic output and rising debt as a share of GDP. Recent studies by the IMF and others suggest that raising taxes, cutting subsidies, and reducing government spending even inefficient spending would stifle growth in the short term, exacerbating the underlying debt problem.

Eventually those large deficits and debts need to be reduced through higher taxes and lower spending, and such austerity necessary to avoid a fiscal crisis tends to slow economic recovery in the short run.

Satu opsi jangka pendek yang patut dicoba adalah pembentukan pemerintah koalisi yang masih dipimpin oleh perwakilan dari kelompok minoritas Alawite, suatu persetujuan yang sepadan dengan mencopot jabatan Assad.

If the oil price stays at 40 a barrel, expect it to have next to no effect on short term world GDP growth.

But if Europe allows itself to be consumed by the short term crisis, it risks squandering an extraordinary long term opportunity.

The short term effect of Katrina was to drive stories about Iraq off of television screens and newspaper front pages.

By Tuesday he had to reverse himself and provide an 85billion loan to AIG on punitive terms.

So that sort of one revenue, very short term, very immediate revenue stream, that we've seen play out right away.

Any short term fiscal stimulus effect will have worn off, unemployment will still be high, and there will no doubt be politicians clamoring for more tax cuts.

Direct interventions, restrictions on short term capital inflows, capital gains taxes, and stabilizing prudential banking regulations will all have to be considered.

But the political reality is that China s government favors rapid growth in the short run over the structural reforms needed to sustain long term economic performance.

Given this multiplicity of issues, it is almost impossible to give a short term assessment of achievements, failures, progress and setbacks in any particular place.

The short term nature and volatility of the recent capital flows presents additional difficulties for policy making in developing countries.

I'm going to write a check, but obviously I don't have the money in my bank account right now, otherwise I wouldn't even be going to the payday loan.

medium term plan for the period

However, they noted that those flows were mainly short term and concentrated in a few countries and a few sectors.

About 40,000 developed abortive, or short lived polio, meaning short lived paralysis, and about 200 were permanently paralyzed, and ten were killed.

Diplomacy and foreign assistance are often under funded and neglected, in part because it is difficult to demonstrate their short term impact on critical challenges.