Among the few certainties in crafting economic policy is the need to adapt to external change.

It is this approach that underpins our external policy.

China s internal politics has a bearing on its external policy.

Such a pact would oblige governments to use fiscal and wage policies as well as overall economic policy to achieve external balance.

The greatest success of Europe s external policy has been EU enlargement.

Indeed, the internal and external aspects of energy policy are interrelated.

Asymmetries of Information and Economic Policy

We studied the government's economic policy.

Third, where Europe has a serious internal policy, it is easier to establish a more serious external policy.

Fourth, European external policy is most effective the nearer it is to home.

Why? Because during conflict economic policy typically deteriorates.

Moreover, external shocks, policy mistakes, and political instability could disrupt even the best laid plans.

Given this, China s economic slowdown since the first quarter of 2010 has apparently been caused mainly by external and cyclical factors. Facing an external shock, the Chinese government should and can maintain a 7.5 growth rate by taking counter cyclical and proactive fiscal policy measures, while maintaining a prudent monetary policy.

The collective judgment of financial markets on any government s economic and fiscal policy is expressed in the risk premium that the government must pay on its external debt.

What should the new government s economic policy agenda be?

And tax policy must evolve with changing economic circumstances.

The US needs to change its economic policy course.

External links

Questions abound when it comes to foreign economic policy, however.

Global economic policy making remains very much a Western game.

Two grievous economic policy errors were committed during Yeltsin's presidency.

Abbas cannot succeed and Hamas cannot be politically weakened unless there is massive external economic assistance

Justice in taxation lies with the goals and implementation of government's overall economic policy, including tax policy.

This policy package would make a direct contribution to growth and at the same time reduce external vulnerability.

We learn from economic policy failures as well as from successes.

The Union deals with foreign policy the Community with economic integration.

Those problems concern the state of economics and economic policy advice.

But were Yeltsin's economic policy choices the right ones for Russia?

Yet monetary policy is not a unique species of economic policymaking.

Unsurprisingly, this highly ideological approach to economic policy has not succeeded.

As domestic policy options have been exhausted, economic prospects have dimmed.

An independent central bank is necessary for sound macro economic policy.

External application only.

But for Europe to develop a common energy policy comparable to our common trade regime, it will need the sine qua non of external policy internal liberalization.

But Hatoyama s government has ignored macroeconomic management by abolishing the policy board charged with discussing economic and fiscal policy.

Such a pact would oblige governments to use fiscal and wage policies as well as overall economic policy to achieve external balance. It would also lead to broader economic policy coordination, particularly with respect to wage setting, because governments would be compelled to use national legislation and public sector wage settlements to influence wage policy in such a way that imbalances among euro zone countries are reduced.

Indeed, a drastic shift in policy is essential to avoid economic collapse.

In fact, since 2003, Putin s main economic policy has been re nationalization.

Yeltsin's victory settled who ruled Russia and who would determine economic policy.

America s current policy combines economic integration with a hedge against future uncertainty.

Sarkozy is particularly eager for France to be heard on economic policy.

Iraq s state owned enterprises were the cornerstone of Saddam Hussein s economic policy.

But sounder fiscal policy might lead to even higher inflows as the country s external balance and sovereign risk outlook improve.

For starters, they can establish committees of outside experts or commission regular external reviews of policy and the policymaking process.

Increasingly, people recognize that loose fiscal policy was poor economic policy, with serious implications for macroeconomic thinking, politics, and constitutions.