Adjustment
in sentence
880 examples of Adjustment in a sentence
(The IMF, however, clearly should not have helped finance the currency board's operation without demanding fiscal
adjustment
when the country liberalized its foreign trade.)
Despite the considerable decline in Greek (and Italian and Spanish) real GDP since 2007,
adjustment
is far from complete.
While some
adjustment
has occurred, much of the change is not permanent.
Large reductions in public-sector wages brought down the primary deficit, but employment maintenance lowers productivity, raises costs, and delays
adjustment.
On the contrary, applied both individually and together, fiscal stimulus and consolidation are necessary parts of the
adjustment
process.
As pushed by IMF “structural
adjustment
programs,” liberalization was supposed to move workers from low to high productivity jobs.
In order to facilitate monetary convergence effectively, DIT policies should follow a two-stage
adjustment
process.
An ensuing political crisis has reinforced the investment paralysis – and has also hindered approval of the fiscal
adjustment
measures.
Given the current dependence of taxation on consumption and the ongoing current-account adjustment, the tax on financial transactions, in particular, will be vital to buy time for mandatory public expenditures to be reviewed.
Nevertheless, it will require some
adjustment
for New Yorkers seeking to hedge their own real estate investments to sell futures contracts that have a built-in price decline.
Immovable
adjustment
constraints have caused eight countries to experience nominal wage deflation in at least two years since 2008.
And the problem is not just that the euro took away two key tools for
adjustment
– the interest rate and the exchange rate – and put nothing in their place, or that the European Central Bank’s mandate is to focus on inflation, whereas today’s challenges are unemployment, growth, and financial stability.
Migration is, of course, part of the
adjustment
mechanism that makes America work as a single market with a single currency.
5.Don’t fight the
adjustment
reaction.
Health officials should guide people through their
adjustment
reactions, not demand that they skip that step.
In the developing world, swine flu (so far) is much less serious than many endemic health threats, and the main risk-communication goal should be to help people get through their
adjustment
reaction, take precautions that are feasible, and refocus on other priorities.
Until now, Congress’s excessive political polarization has translated into an approach that has pushed more of the burden of
adjustment
onto those who are less able to bear it.
But commercial banks are reluctant to finance new ventures by unemployed workers with no collateral, making entrepreneurship a difficult path of labor-market
adjustment
in developed and developing countries alike.
Price growth of, say, 3% per annum (instead of 1) has clear additional costs, but may facilitate the
adjustment
of relative prices and wages across Europe.
In Greece, however, official lenders' unprecedented munificence made the
adjustment
more gradual than in, say, Latvia or Ireland.
Changes in the micro-political system do not necessarily lead to an
adjustment
in the macro structure, particularly in hyper-controlled political systems like China’s.
The situation in the eurozone is particularly unstable, owing to citizens’ growing alienation from a distant, technocratic elite; the absence of conventional economic
adjustment
mechanisms (exchange rates, inflation, public investment, and so on); and tight limits on fiscal transfers, which send powerful signals about the real boundaries of cohesion.
On balance, the euro has been a success, but it does balance gains from price transparency and decreased transaction costs against the loss of independent monetary policies and a currency
adjustment
shock absorber.
What, exactly, does the needed
adjustment
entail?
Just as business and credit cycles there tend to be more frequent and extreme, the real possibility of de facto currency crises in the eurozone, owing to higher sovereign borrowing costs and slow
adjustment
to shocks under fixed exchange rates, renders massive balance sheets unsupportable and thus obsolete.
Harvard University’s Gita Gopinath and Emmanuel Farhi and Princeton University’s Oleg Itskhoki remind us that for a large part of the year, the Republican tax-reform plans centered around a “border
adjustment
tax” that would have done little for the economy while severely weakening the US’s net foreign-asset position.
And proposals for a border
adjustment
tax have been all but forgotten.
Spain is hardly an example of a successful fiscal
adjustment.
And the large fiscal
adjustment
necessary for Greece, Ireland, and Portugal, if not Italy and Spain, will be economically and socially disruptive.
There are three basic approaches to resolving the banking crisis (which means resolving the fiscal adjustment, sovereign debt, and euro issues simultaneously).
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