Stabilizing the Horn

Macroeconomic stabilization is but the start.

It is the government s job to stabilize expectations.

But stabilization has been nothing short of astounding.

The biggest thing to happen on his watch is that Russia stabilized itself.

The international community must recognize that the Middle East security equation is not a simple linear one involving Israel versus the Arab world.

The first priority, after all, was to stabilize a highly dangerous situation.

Stabilization of exchange rates implies an aggressive targeting of interest rates.

The immediate priority is to calm and stabilize the situation in Gaza.

Such stabilization would also eventually stop further climate change.

A more hawkish fiscal stance may no longer be possible in future Democratic administrations, and might not be good policy if it were, given the likely complexion of successor administrations. Stabilizing the debt to GDP ratio is thus the line in the sand that must not be crossed.

Stabilizing the debt to GDP ratio is thus the line in the sand that must not be crossed.

Stabilization of the problem in the developed world shows that containment is possible.

The goal should be to stabilize these countries economies as they undertake their delicate political transitions.

A rate plateau of over 13.0 persons per 1,000 population occurred for every year from 1946 to 1962.

The priorities must be the stabilization of North Africa, humanitarian aid, and long term support for political, economic, and social progress.

Today s economics textbooks assume that a primary objective of central banks is to stabilize consumer prices, rather than the value of money.

If the sine qua non of recovery via austerity is the stabilization and reduction of debt, the cynics case appears to have been made.

Former State Councilor Tang Jiaxuan was even reported to have said recently that denuclearization is now a higher priority for China than stabilization of the Korean Peninsula.

But, for now, a complete meltdown seems distinctly less likely than gradual stabilization followed by a tepid recovery, with soaring debt levels and lingering high unemployment.

Washington Consensus reforms including macroeconomic stabilization (defined as low single digit inflation) and market liberalization were supposed to reduce poverty by accelerating economic growth.

Her legal background and previous experience as minister of justice accentuate her self declared mission stabilizing Israeli government and cleaning up all traces of corruption, including those associated with Olmert and Sharon.

Less noticed than the 15 year process of gaining admission to the World Trade Organization has been the stabilization of the currency, the renminbi (RMB), pegged to the Hong Kong dollar since 1997, when the territory reverted to Chinese rule.

These conflicts will continue as long as the US treats stabilizing Afghanistan as subordinate to other goals, accompanied by all the risks entailed by terrorist resurgence and a regional security crisis.

But in the real world and Cyprus, Bosnia, and Kosovo may be examples stabilization and the slow de escalation of violence can sometimes achieve the same end, even without formal agreement.

In short, while price stabilization through inflation targeting is a commendable objective, central banks narrow focus on consumer prices within a relatively short time frame, no less is inadequate to achieve it.

The counter terrorism objective is more inherently plausible than that of political stabilization, and domestic politics in the US, Australia, and elsewhere probably require the prominence that it has received from Western leaders.