He wanted interest rates kept low to discourage the hoarding of money and encourage consumption and, by extension, full employment.
But even there an array of reforms, from a stronger currency to an overhaul of subsidies, is needed to boost labour income and encourage consumption.
Public-health officials and economists say the Czech Republic's relatively low beer prices encourage consumption and contribute to underage drinking, since it makes beer more affordable for youngsters.
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That means changing a mindset that equates economic health with bulging trade surpluses, and also ushering in a plethora of microeconomic reforms to boost Asian workers' incomes and encourage consumption.
An accommodative monetary policy would involve keeping the fed funds rate (the short-term rate at which banks lend to each other) at historic lows so as to encourage consumption and provide cheaper credit to consumers and businesses.
"We believe that the government will react to this weaker-than-expected GDP growth rate by introducing more policy measures to boost lending, speed up project starts, encourage consumption, and support property sales, " Jun Ma, Deutsche Bank greater China chief economist said.
Medical caregivers should encourage less consumption for girls and women if they suspect they are consuming too much.
This September, Patagonia teamed up with eBay to expand its Common Threads Initiative and encourage less consumption, reuse and recycling.
To maintain social stability and encourage domestic consumption, the government will have to create a more comprehensive safety net and focus on improving equality of opportunity.
This person pointed out that the money that flows to me comes from this source, and that, as a beneficiary, I should work to encourage increased consumption of technology goods.
It installed more than 20, 000 smart meters, connected them via a fibre-optic network, launched a website to track power use and has started to offer pricing plans that encourage shifting consumption to off-peak hours.
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Economists have long argued that China needs to encourage more domestic consumption to shift its economy away from relying on government investment and exports for growth.
This would raise revenue, penalise consumption and encourage energy efficiency.
In addition, a consumption tax would encourage more saving in the long run.
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Elliott says he has orders for some 200 trucks from such outfits as electric utilities (which want to encourage their use to increase electricity consumption).
Taxing consumption rather than productivity would encourage saving and investment, in turn stimulating production and economic growth.
Regardless, my point is that the only justification for extra consumption, however you might measure it, is to encourage people to do their jobs.
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