Will the government liberalize interest rates or loosen capital controls?

But this vigorous attempt to reduce interest rates is distorting capital allocation.

But America, in its global war on terror, has justifiably lost interest in bearing Asia's many military burdens alone.

Bearing can be unbearable.

Interest rates thus incentivize and convey to entrepreneurs how to allocate capital through time.

International capital flows will also magnify such demographic spillover effects, as capital is traded at the interest rates determined in large industrial economies.

Beware of Greeks bearing gifts.

An invasion of short term capital flows fleeing the slow growth, low interest rate advanced countries.

Nonetheless, we continue to transfer capital to rich countries to pay interest on our foreign debt.

Bearing in mind its relevant resolutions,

Finally, our prayers are bearing fruit!

The result has been a lethal combination of currency convertibility, skyrocketing interest rates, low inflation, and free capital movement, which merely fuels speculation and capital flight.

But, as capital becomes more mobile, relatively immobile workers are bearing more of the burden in the form of lower wages and fewer job opportunities.

But, as capital becomes more mobile, relatively immobile workers are bearing more of the burden in the form of lower wages and fewer job opportunities.

So the positive productivity shock should have raised the return to capital and, hence, equilibrium real interest rates.

Today s historically low interest rates should encourage long term investment, as they lower the current cost of capital.

That has no bearing on our plan.

Erudition can produce foliage without bearing fruit.

That has no bearing on the matter.

Bearing in mind the importance of microfinance instruments such as credit, savings and related business services in providing access to capital for people living in poverty,

Over time, however, the interest rate premium is likely to be small, because higher capital requirements and contingent capital should significantly reduce the likelihood of ever reaching the triggers.

The key is to reflect on six kinds of capital goods business capital, infrastructure, human capital, intellectual capital, natural capital, and social capital.

Second, many argue that raising interest rates would trigger a flood of speculative capital from low yielding advanced economies.

Some companies have easier access to capital, whereas their competitors cannot get access to finance at reasonable interest rates.

In issuing contingent capital, banks would have to pay a higher interest rate than they would on ordinary long term debt, because debt investors will face the true cost of capital, not the government subsidized cost. Over time, however, the interest rate premium is likely to be small, because higher capital requirements and contingent capital should significantly reduce the likelihood of ever reaching the triggers.

And, clearly, the idea that capital requirements were not needed for banks off balance sheet activities (because the banks were not bearing the risk), was simply wrong.

The institutional framework responsible for Euroland's poor economic performance may improve, or capital markets may become more volatile, making the cost of bearing exchange rate risks intolerable.

Thus, while liberalization of Japan's capital market in the early 1980s tied Japanese and US interest rate movements, Japanese interest rates were discounted by the expected rate of currency appreciation.

Bearing in mind also relevant Security Council resolutions,

He came bearing a large bunch of flowers.

In my garden many trees are bearing fruit.

Bearing in mind the importance of microfinance instruments, such as credit, savings and other financial products and services, in providing access to capital for people living in poverty,

Bearing in mind the importance of microfinance instruments, such as credit, savings and other financial products and services, in providing access to capital for people living in poverty,

Interest

Indeed, in many countries, exaggerated fears of deflation are keeping interest rates depressed and the cost of capital at historic lows.

Bearing in mind all other relevant General Assembly resolutions,

We traced a protected account bearing her name here.

Barbed wire fences, deserted streets, security guards bearing shotguns.

There is nothing of the banker in his bearing.

Public interest is greater than individual interest.

For emerging markets, the best way forward is to correct the incentives for interest rate arbitrage at the source of capital flows.

The alternative is to lend commercially at relatively low interest rates, with less liquidity, more risk, and the need to provide capital.

But domestic money growth in China s immature bank based capital market is high and unpredictable, while many interest rates remain officially pegged.

The government is now seeking to decontrol domestic interest rates, create a more robust domestic bond market, and finally remove capital controls.

The most challenging task for governments is to boost the private sector s effective risk bearing capacity so that businesses have access to capital on terms that tempt them to expand.