However, the fund learnt that lesson within a month, urging the Koreans to ignore the fund's own fiscal conditions.
In addition, fiscal conditions at the state and local level are likely to improve in California as the tax hike will also be implemented at the state level.
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Both disasters prompted policy makers to ease monetary and fiscal conditions that fueled an expansion in the aggregate demand, especially a construction boom that boosted equity prices, especially shares of companies involved directly or indirectly in reconstruction.
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The concentration on redistribution policy and the developing status quo-like conditions indicate that the fiscal cliff fight is not a fight over making economic conditions better for the middle class.
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But under current market conditions, conventional fiscal stimulus is not really feasible -- a euro exit would not change that.
The two met to align in respect to the conditions of the fiscal compact agreed upon by the European Union(EU) last December.
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But in return for such help, which could see the rescue fund buying newly issued debt, governments would have to accept strict conditions on economic and fiscal policy.
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The economists conclude that this effect can operate in some conditions, especially when high fiscal deficits are already causing a crisis of confidence, as in Greece.
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This includes support for investments in infrastructure as well as recalibration of fiscal consolidation paths to take into account cyclical conditions.
Tightening financial conditions, falling confidence and new fiscal austerity measures have recently led Fitch to revise down its forecast for eurozone GDP growth to just 0.4% in 2012, from 1.6% in 2011.
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This time around global policymakers have largely avoided the most serious pitfalls by coordinating massive fiscal stimulus programs with a dramatic easing of monetary conditions, all while keeping public bickering to a minimum.
He now says that the government might do more beyond the fiscal stimulus set to take full effect in May, should conditions warrant.
For fiscal 2012, Tyson expects industry production of chicken to incur a slight decrease from the previous fiscal year with the goal of a gradual improvement of market pricing conditions.
Although environmental conditions continue to be uncertain, we maintain our expectation that fiscal 2013 will be another record year for Jabil.
And in any case, it has conditions of its own: the euro zone must have a proper means of enforcing fiscal rules and a better crisis-management system.
If fiscal policy becomes focused on long-run considerations (e.g. deficit reduction) economic conditions will improve over time.
These conditions did not arise as a result of market forces, but from foolish monetary, fiscal, and regulatory policies that distorted market forces.
In addition, Cisco's fiscal quarters end a month later than most other major technology companies, giving it additional time to assess economic conditions.
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