A Quote by Lucas Papademos
I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth...
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I think achieving a higher fiscal stability is also a very important condition for restoring an environment which is conducive to growth.
The most important thing for our species is, before it speaks, to listen to its environment. That has a higher priority in any species' survival. We need to be listening to our environment - in other words, restoring the quiet - not just to our natural areas, but also to towns like Portland, Maine.
It is in line with the fundamental interests of the two peoples for China and Afghanistan to strengthen a strategic and cooperative partnership, which is also conducive to regional peace, stability and development.
For small businesses to thrive, they require an environment that is conducive for growth.
As leaders we do not create growth. The best we can do is create an environment that is conducive to growth. It is like planting a garden. You do not cause the seeds to grow. To grow is their natural purpose in life.
I think the Chinese are wise. After all, they know the U.S. is in a very different league than Russia. The U.S. is the major power in the world, and the US-China relationship... is very important to global stability, to sustain global economic growth.
We need peace and stability in the Asia-Pacific region. It is important to have political and security stability to build up our economic growth.
This Budget reflects a choice - not an easy choice, but the right choice. And when you think about it, the only choice. The choice to take the responsible, prudent path to fiscal stability, economic growth and opportunity.
Interestingly, many of the organizational characteristics that have been identified as conducive to effectively managing diversity and as conducive to fostering innovation and creativity in the workplace are also important for enabling employees to voice their values.
Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.
I am not saying that government has nothing to offer. Government has an important role in fostering an environment conducive to business creation while also protecting its citizens. These are not mutually exclusive.
Fiscal decentralisation does not lead to higher economic growth because economic growth is much more driven by factors other than taxes and spending, e.g. increases in technological progress and improved human capital.
JFK and Reagan's growth model included tax cuts and a steady dollar. Trump has taken a gigantic step toward restoring prosperity with his tax-cut-centered fiscal policy.
China has really succeeded because of its stability.
So my feeling is, how they are going to maintain this fantastic stability in a very fast changing economic situation.
I think this is a challenge we face, how the global region will evolve in stability with such a fast growth.
If they succeed to do that, no doubt, in the next generation it will be the major area of the world, economically.
I think over time the fiscal environment on cigarettes will become different, and the regulatory environment has to differentiate the products. If that is at the expense of cigarettes, so be it - it's not a problem for me. But we need some logical forum where we don't talk ideology but rather we talk about what can really accelerate the conversion. If you do display bans everywhere in the world on cigarettes but you can display IQOS, that's a differentiating measure for me. Then I'm more than willing to accept these measures because they are really conducive to make people switch.
The big issue is whether Ukraine is successful as a country. Democracy. Market economy. Prosperity. Security. And so on. And whether we can resolve this conflict, which I think is an important step in restoring sovereignty, restoring territorial integrity in Europe, getting beyond the impasse that we have with Russia now, that's where we would like to go.
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