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Adjustment in sentence

880 examples of Adjustment in a sentence

Over the next several years – the medium term – all countries should implement difficult-to-reverse fiscal consolidation, which would persuade the private sector that a gradual or delayed adjustment, primarily on the spending side of the budget, will occur.
But the US should be far more worried about promoting faster adjustment of its still-gaping trade deficit, which in many ways lies at the root of the recent sub-prime mortgage crisis.
Unfortunately, the recent agreement includes unrealistic proposals for fiscal adjustment.
As Greece and other eurozone countries have already learned, attempting to rush fiscal adjustment increases the debt burden, as the liquidity squeeze and concomitant uncertainty undermine output and reform efforts.
Though it is politically unrealistic to renegotiate the deal at this point, a serious analysis of the necessary fiscal adjustment, possibly arbitrated by independent experts, is needed.
Second, adjustment fatigue is widespread and becoming more acute.
Reducing investment, due to its lower returns, is an important component of that adjustment.
China, like Japan and South Korea before it, is now pursuing this adjustment.
The single currency took away its members’ most important mechanism for adjustment – the exchange rate – and the eurozone circumscribed monetary and fiscal policy.
But, with Germany adamant about inflation – its prices have been stagnant – the adjustment could be accomplished only through wrenching deflation elsewhere.
Typically, this meant painful unemployment and weakening unions; the eurozone’s poorest countries, and especially the workers within them, bore the brunt of the adjustment burden.
In the case of the WTO, the sheer number of developing countries that had joined also made adjustment necessary.
Retrenchment is not isolationism; it is an adjustment of strategic goals and means.
Instead, policy elites who support globalization and an open economy will have to be seen to be addressing economic inequality and adjustment assistance for those disrupted by change.
In this capacity, Turkey complements and contributes to a unique transitional passage between otherwise difficult regions, for it signifies centuries-old co-existence and adjustment.
It is unlikely that the adjustment process will be much faster in the US, where the manufacturing base has shrunk much more sharply.
How long will the US adjustment take?
A self-sustaining recovery is, of course, possible, but it presupposes a massive structural adjustment aimed at restoring US competitiveness in global markets.
What the eurozone needs is a solution that does not force any one country or group of countries to bear the brunt of the adjustment – and that means a controlled segmentation of the currency union.
With the exception of one minor adjustment in 2013, it has stuck to a fixed rate since 2011, even after its currency became massively overvalued and started to create imported-goods shortages.
This has already made public-policy debates more constructive, because policymakers are focusing on how labor and business can fairly share the burden of economic adjustment.
A second structural adjustment concerns regulatory reform.
But this is hardly a sufficient observation, because excessive pre-crisis real-estate investment made a sharp downward adjustment inevitable.
For countries with solvency problems, an adjustment program like those for Greece, Ireland, or Portugal would be appropriate.
There are also major disagreements about whether to reduce global current-account imbalances – and about the role that currency movements should play in this adjustment.
But fiscal adjustment must be accompanied by structural reform.
But a lot of adjustment remains to be completed.
Forces of adjustment are at work in the Chinese economy, so foreign perceptions need to adjust as well.
As costs rise in China’s coastal provinces, several types of adjustment are taking place.
Like certain other aspects of the US-China economic relationship, China’s adjustment is reminiscent of Japan with a 30-year lag.
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