最近的经验都表明,经济的活力指标和货币的波动之间并没有稳定的联系。
Recent experience suggests that there is no stable link between the economy's vital signs and shifts in its currency.
1997年整体经济的稳定性得到了进一步巩固,主要是由于列弗(lev)和德国货币DM的兑换率稳定并且和国际货币基金组织建立了对本国具有支持性的协议。
In 1997, macroeconomic stability was reinforced by the imposition of a fixed exchange rate of the Lev against the German DM and the negotiation of an IMF standby agreement.
他的先见之明在当时是了不起的,他在消费分析、货币供应理论及历史、和稳定政策复杂性等范畴的贡献,使得他获得了 1976年度的诺贝尔经济类学术奖励。
It was good enough, with his work on monetary analysis and stabilisation policy, to win him a Nobel Prize in 1976.
这些目标不仅可以确保稳定的经济环境,同时也保证了加入欧元区国家间一定水平的融合程度,从而使得经济和货币联盟能够正常运作。
These targets ensure not only stable economic conditions but also a DE GREe of convergence between participating member states which allows EMU to function smoothly.
一个国家货币价值是否稳定取决于它的外汇市场和经济状况的稳定。
Stability in the value of a nation's currency depends on foreign exchange markets and economic conditions.
在英国,正是因为我们在1997年采取了强硬措施以保证货币和财政稳定,今天才能在经济循环的跌宕起伏中处于有利的位置。
In the UK it is because of the tough decisions we took from 1997 to create monetary and fiscal stability that we are today in a better position to withstand the ups and downs of the economic cycle.
在英国,正是因为我们在1997年采取了强硬措施以保证货币和财政稳定,今天才能在经济循环的跌宕起伏中处于有利的位置。
In the UK it is because of the tough decisions we took from 1997 to create monetary and fiscal stability that we are today in a better position to withstand the ups and downs of the economic cycle.
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