Adjustment
in sentence
880 examples of Adjustment in a sentence
If it can, then perhaps watching other countries suffer will help convince the local political elite to consent to
adjustment.
If not, Greece will have less control over its
adjustment
and potentially experience far greater trauma, perhaps eventually outright default.
In the case of Argentina, a pair of massive IMF loans in 2000 and 2001 ultimately only delayed the inevitable harsh adjustment, and made the country’s ultimate default even more traumatic.
Nevertheless, Greece can avoid an Argentine-style meltdown, but it needs to engage in far more determined
adjustment.
For too long, China has delayed the necessary
adjustment
of its balance-of-payments structure.
Earlier tax-reform proposals had anticipated savings from the repeal of Obamacare, and from a proposed “border
adjustment
tax” that has since been abandoned.
The good news is that the administration has not pursued radically protectionist policies, such as branding countries as currency manipulators, introducing across-the-board tariffs, or pushing for the border
adjustment
tax.
This process – characterized by experimentation, assessment, and
adjustment
– emerged from the CCP’s military experience of the 1930s, was applied by Deng Xiaoping to his reform program in the 1980s, and has been refined by subsequent Chinese leaders.
Moreover, a substantial amount of US
adjustment
has taken place since 1982 – for example, the dollar depreciations of 1985-1987 and 2002-2007 and the fiscal retrenchments of 1992-2000 and 2009-2014.
A symmetric
adjustment
has also occurred in China, via real appreciation of its currency and higher prices for labor and land.
China’s trade
adjustment
in some respects followed that of Japan, the original focus of American trade anxieties in the 1980s.
In the eurozone, where countries with competitiveness problems do not have the exchange-rate
adjustment
mechanism, restrained income growth and productivity-boosting reforms are probably needed, as was the case in Germany between 2000 and 2006, and now in several southern European countries.
Here is where government must intervene using its traditional tools, taxation and redistribution, as well as complementary policies such as social safety nets and
adjustment
assistance.
At the same time, given slower growth in world markets and the challenges of domestic structural adjustment, the annual growth target has been reduced, to around 7.5%.
The debt-ceiling absolutists grossly underestimate the massive
adjustment
costs of a self-imposed “sudden stop” in debt finance.
Border tax
adjustment.
The border tax
adjustment
would give the US the international advantage of a value-added tax without levying that tax on domestic transactions.
Because the border tax
adjustment
does not change saving and investment, it wouldn’t change imports and exports.
More specifically, if the border tax
adjustment
is adopted, the dollar will increase by 25% relative to other currencies.
But if the border tax
adjustment
would not improve the US trade balance, why are congressional Republicans eager to enact it?
The border tax
adjustment
therefore pays for about two-thirds of the $190 billion cost of the corporate tax cut, and an even larger share when the lower corporate rate’s favorable effect on growth is taken into account.
There is substantial opposition to the border tax
adjustment
among US importers who are not convinced that the dollar will strengthen enough to balance the higher implicit import tax.
Having decided to leave the EU, it is in the UK’s interest to manage withdrawal in a way that minimizes short-term
adjustment
costs and long-term adverse effects.
The market
adjustment
will end when appropriate spreads are found.
Structural
adjustment
programs demanded by the IMF and the World Bank ended up transforming these countries into dumping grounds for over-subsidized Western agricultural surpluses and over-priced and obsolete manufactured goods.
Countries that can still afford fiscal stimulus and need to reduce their savings and increase spending should contribute to the global current-account
adjustment
– via currency adjustments and expenditure increases – in order to prevent a global shortage of aggregate demand.
In that case, the forced
adjustment
of the current account would tip the economy into recession.
A debt overhang exists when a country’s debt is large enough that the benefits of
adjustment
and growth go entirely to the creditors.
As the Nobel laureate economist Paul Krugman pointed out a quarter-century ago, a country in this situation will be unwilling to undertake additional painful adjustment, because it gets nothing in return.
Whether it is a permanent or temporary adjustment, the Chinese authorities have much work to do in laying the groundwork for strong economic performance in the medium and long term.
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