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Adjustment in sentence

880 examples of Adjustment in a sentence

But, as peripheral Europe can now attest, this is a cumbersome, painful, and politically unpopular form of economic adjustment.
The dynamics of adjustment within the eurozone exacerbate the underlying imbalances – Germany is becoming more competitive while the periphery remains uncompetitive.
Perhaps adjustment will start to work just in time.
Given that satisfying one of these prerequisites often comes at the cost of the others, such a system would entail continuous adjustment and compromise.
From quantitative easing to record-high federal budget deficits to unprecedented bailouts, they have done everything in their power to mask the pain of balance-sheet repair and structural adjustment.
As a result, the IMF was left to provide short-term financial help for deficit countries, and otherwise to uphold the orthodox doctrine of debtor adjustment.
And yet economic integration has always depended on some degree of creditor adjustment.
Forecasts for tax revenue and budget surpluses are correspondingly optimistic and so hide the need for fiscal adjustment.
In the eurozone, the hope is that calmer sovereign-debt markets, slower fiscal adjustment, and supportive monetary policy by the European Central Bank will help trigger a sustained recovery.
Even with more flexible economies, internal adjustment will always be slower than it would be if countries had their own exchange rate.
That’s where the third mega-trend could come into play – a wrenching adjustment in the global saving mix.
And adjustment – that is, currency devaluation – was not an option.
Pro-cyclical fiscal adjustment is still the order of the day.
Borrowers, in turn, use these foreign loans to increase their accumulation of private assets held abroad, even as strict budget discipline and free capital movement - implemented in line with IMF and World Bank structural adjustment programs - have led to skyrocketing interest rates.
We created the instruments needed to assist distressed countries, and the ensuing adjustment programs are delivering results.
Some structural reform has been implemented, and a lot of fiscal adjustment has occurred.
And even if such adjustment is not occurring as fast as Germany and other core eurozone countries would like, they remain willing to provide financing, and governments committed to adjustment are still in power.
This removed Trump’s main protectionist threat and killed his hopes of financing big tax cuts with revenues from a “border adjustment” tax.
This extreme free-market ideology, also called “structural adjustment,” went against the practical lessons of development successes in China and the rest of Asia.
So has the asymmetric adjustment between over-saving creditor economies that face no market pressure to spend more, and over-spending debtor economies that do face market pressure and have been forced to save more.
When advanced economies implemented unprecedented monetary stimulus, Chinese leaders deepened their commitment to shifting from an export-led to a domestic-consumption-driven growth model, even if it meant enduring a difficult period of structural adjustment, which explains the country’s slowing growth over the past five years.
Capital controls and sterilization of reserve flows might help to delay the adjustment, but a persistent one-directional capital flow will eventually force the fixed-exchange-rate country to allow either its exchange rate or its money supply to adjust.
A fiscal compact like the one approved recently is useful to anchor expectations of future adjustment, but only if the new system is flexible enough to be politically credible.
And adjustment must be wedded to a growth strategy.
This dampens the need for the exchange rate to function as a mechanism of adjustment for potential shocks.
Placing the entire burden of adjustment on deficit countries is a recipe for disaster.
Rather than creating an inter-regional insurance mechanism involving counter-cyclical transfers, the version on offer would constitutionalize pro-cyclical adjustment in recession-hit countries, with no countervailing measures to boost demand elsewhere in the eurozone.
A significant across-the-board increase in investment might not fix all of their distributional and adjustment problems.
Mind you, two years previously, at the outset of the financial crisis, I suggested raising inflation to 4% or more for a period of a few years to deflate the debt overhang and accelerate wage adjustment.
The adjustment might come about through wage increases in countries with lower labor costs, rather than cuts in countries where costs are too high.
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