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Adjustment in sentence

880 examples of Adjustment in a sentence

Although social and economic developments are the main forces driving China’s rapid demographic transition, and population aging is an irreversible trend, there still remains scope for policy adjustment in order to balance the future population structure.
That condition has more than been met, legitimizing a policy adjustment today.
The resulting price stickiness tends to delay macroeconomic stabilization and structural adjustment, leading to rising debt and unemployment in weaker economies.
At the same time, fiscal adjustment remains essential to Italy’s short- and long-term stability.
Fortunately, it seems to be choosing the path of flexibility and adjustment, as it pursues an ambitious reform plan that, it is hoped, will enable it to edge closer to – and eventually cross – the high-income threshold.
But the region’s financial sector remains under stress, and a protracted adjustment process still lies ahead in response to rising levels of non-performing loans and banks’ recapitalization needs.
Seeing the difficulty of the adjustment, they worried that sterling would collapse.
Whether the adjustment policies have been successful remains a subject of heated debate; what is not in doubt is that they produced many losers – most notably among the most vulnerable, who now largely perceive the EU-Germany consensus as threatening.
The burden of adjustment will be borne by everyone.
On the contrary, we should expect agreement only on the path of least political resistance: avoidance of tough fiscal choices until the bond vigilantes eventually wake up, spike long rates, and force fiscal adjustment on the political system.
A second adjustment is necessary because conservationists follow the principle that a species survives even if it is not recently recorded in its native habitat.
And this is precisely what the PBOC did on August 12-13, when stronger-than-expected depreciation pressure and surging devaluation expectations raised the risk that the planned one-off exchange-rate adjustment could trigger a rout.
Indeed, although structural adjustment continues in China, the economy is facing an increasingly serious contraction in demand and continued deflation.
The initiative will have to come from the top if the case is to be made within each country for more open markets, and for help to be made available to those facing adjustment.
His administration wants not only to lower the overall tax burden, but also to “rebalance” the tax system to encourage domestic production and exports, possibly with a destination-based cash-flow tax we may call a border adjustment tax (BAT).
If the US were to introduce a cash-flow tax system with border adjustment, it would exempt its own exports from all domestic taxes.
Currency appreciation, Japan argued then and China argues now, is unlikely to result in a significant current-account adjustment, which requires addressing not only China’s high savings rate, but also low savings in the US.
The surpluses and deficits grow larger during the upturn, and the burden of adjustment falls disproportionately on debtors during the downturn, leading to a debt-deflationary process that takes root in the deficit regions before dampening demand everywhere.
To counter this tendency, Keynes advocated replacing any system in which “the process of adjustment is compulsory for the debtor and voluntary for the creditor” with one in which the force of adjustment falls symmetrically upon debtors and creditors.
What we are seeing in Europe today is more likely to be delayed adjustment rather than passive acceptance of real wage cuts by workers and unions.
In the absence of somewhat higher inflation in the surplus countries, say, 4% a year, adjustment requires deflation in the crisis countries to bring about a noticeable relative decline in production costs over time.
But even as production moves offshore, wave after wave of Yen appreciation hits the manufacturing sector and requires yet more efforts and adjustment.
On the fiscal side, the rules of the Stability and Growth Pact were even weakened, and the decisions on adjustment measures and possible sanctions became dependent on short-sighted political considerations.
These adjustment measures are painful but necessary.
By ruling out exchange-rate adjustment to address differences in competitiveness, the euro has forced less competitive countries to pursue painful and slow “internal devaluation” (suppressing real wages).
Orderly adjustment requires lower domestic demand in over-spending countries with large current-account deficits and lower trade surpluses in over-saving countries via nominal and real currency appreciation.
But this adjustment of relative prices via currency movements is stalled, because surplus countries are resisting exchange-rate appreciation in favor of imposing recessionary deflation on deficit countries.
That means that solutions to the many problems they now face will require adjustment to the way each of them taxes and spends.
With the financial crisis, the Chinese economy’s necessary adjustment towards more domestic consumption has become far more urgent.
Globally, the asymmetric adjustment of creditor and debtor economies has exacerbated this recessionary and deflationary spiral.
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