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Adjustment in sentence

880 examples of Adjustment in a sentence

Instead, measures should focus on equipping workers with the higher-level skills that a changing labor market demands, and supporting workers during the adjustment process.
Pursuing such initiatives simultaneously will enable France to capture reform synergies and ease the adjustment for workers.
Fortunately, in facing the difficult adjustment challenges that lie ahead, China’s $3.6 trillion in foreign-currency reserves can serve as a buffer against unavoidable losses.
How long will the adjustment take?
Could anything be done to accelerate adjustment in the eurozone’s periphery?
Moreover, we are eliminating the “rice production adjustment” system, which has been in place for more than 40 years.
Still, the ECB can’t go on hold simply because the French—or anyone else-- are having an election (though the bank could be sensitive to the need to pick an appropriate month should a rate adjustment be needed during the election season.)
By contrast, the advice of Reinhart and Rogoff leans more toward financial repression, postponement of fiscal adjustment (trim entitlements in the future, but increase infrastructure spending today), or, in more far-gone cases like Greece, debt restructuring.
There is no escape from the need for domestic structural adjustment.
Unfortunately, given high inflation, structural adjustment has been postponed, with efforts to control credit expansion becoming the government’s first priority.
And then the government needs to focus more attention on structural adjustment – the only effective cure for China’s $3.2 trillion headache.
In a 1991 paper, Allan Drazen and Alberto Alesina suggested that economic stabilization might be delayed because two contending groups are trapped in a war of attrition; all understand that adjustment is necessary but expect the other group to bear the brunt of the cost.
The process continues until one group capitulates and bears the cost of adjustment, in order to benefit from the stabilization.
After all, payment imbalances always have two sides, and the burden of adjustment should not be borne only by deficit countries.
This creates a flexible adjustment mechanism, should unanticipated shocks occur.
In his provocative American Economic Review paper “A Theory of Optimum Currency Areas,” Mundell argued that as long as workers could move within a currency region to where the jobs were, the region could afford to forgo the equilibrating mechanism of exchange-rate adjustment.
In the European Union, national governments maneuver in a subsidy race to shift the costs of capacity adjustment in the car industry to neighbors, as the case of Opel shows.
A monetary union that cannot rely on exchange-rate adjustment or fiscal transfers to reduce labor-market imbalances requires mobility across national borders.
Amid these challenges, some critics have argued that the best way to address external imbalances is with a massive fiscal adjustment shock.
In other words, while the US lectures developing countries on the need to face the pain of rapid adjustment to liberalization, it refuses to do the same.
The emerging consensus in India in support of greater rights and freedoms for women, while certainly causing some upheaval and adjustment (especially within the growing middle classes) has not yet – and might never – poison the basic trust and warmth between men and women.
Modern industrial societies now have a wide array of social protections – unemployment compensation, adjustment assistance, and other labor-market tools, as well as health insurance and family support – that mitigate demand for cruder forms of protection.
So the baseline is high emerging-market growth, the key to which is innovation and adjustment of the growth path.
But this requires careful preparation, adjustment and management.
Only when the credit bubble burst – triggering an abrupt adjustment, rather than the gradual adaptation of skills and human capital that would have occurred in more normal times – did millions of workers suddenly find themselves unemployed.
This is the classic form of adjustment in the international economic system, and past US administrations pursued this method by applying bilateral pressure, and by working through international institutions such as the G7 and the International Monetary Fund.
There are two alternatives to the classical adjustment approach.
Smaller economies – like some in Europe – that have large deficits, growing public debt, and banks that are too big to fail and too big to be saved may need fiscal adjustment sooner to avoid failed auctions, rating downgrades, and the risk of a public-finance crisis.
They would not need a large downward adjustment in wages and prices, and government revenues would remain relatively stable.
If fiscal adjustment can create opportunities for growth, they should seize it.
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