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Adjustment in sentence

880 examples of Adjustment in a sentence

So, what America needs now is not just a recovery in demand, but also structural adjustment.
And it cannot produce structural adjustment at all until a demand recovery is well under way.
Adjustment in the exchange rate is likely simply to shift to where America buys its textiles and apparel – from Bangladesh or Sri Lanka, rather than China.
(Since it began revaluing its exchange rate in July 2005, the adjustment has been half or more of what most experts think is required.)
Moreover, the discussions that started several months ago about imbalances within the eurozone have floundered on the issue of the symmetry of adjustment.
Critics claim that the fiscal adjustment was too slow for comfort, yet markets seem unconcerned that in neighboring Brazil the headline budget gap is 8% of GDP.
In Argentina, gradual fiscal adjustment seemed like a plausible strategy until US interest rates spiked and the dollar surged.
But it also must understand that too abrupt a fiscal adjustment can cause a political backlash that jeopardizes the credibility of the overall package.
This is a difficult adjustment for any country to make, especially one like China, which has a history of imagining itself as being at the center of the world while also remaining an inviolable entity that can close its doors whenever it chooses to do so.
This is a recipe for long-term pain; there is no scope to delay the adjustment any longer.
In much of the rest of the region, the required fiscal adjustment is more modest and can be achieved through steady increases in tax revenues.
For example, how would Greece (or any country) exit the euro in order to cushion the extreme downward wage adjustment required to regain competitiveness, and to avoid the severe social unrest that could result from reining in debt too rapidly?
Thus, the IMF’s recommendation to use capital controls only after exhausting interest-rate adjustment, reserve accumulation, and prudential regulation is out of step with the profession.
But a weaker German economy makes adjustment in the periphery even more difficult.
Both sides will have to make an effort: Creditors must accept some risk, and debtors must enhance their creditworthiness through structural fiscal adjustment and reforms that improve their growth prospects.
Like many other southern European countries, however, labor-market and other rigidities dramatically reduced the speed and increased the costs of structural economic adjustment, resulting in lower levels of growth and employment, especially for young people and first-time job-seekers.
The likely adjustment of Europe’s fiscal strategy offers a glimmer of hope, but it does not address the challenge of restoring long-term growth.
We just don’t know yet whether the crisis will cause another reversion to the mean, but some downward adjustment looks likely.
But if emerging markets force Europe to take all the adjustment, the results would be catastrophic, pushing up the euro to $1.50, $1.60 or beyond, with truly dire consequences for trade.
The gap in per-capita income of the EU15 (the membership prior to the accession of mainly post-communist states in 2004) relative to the United States – taken as a reference in many targets – is unchanged at 30-40%, depending on the adjustment to purchasing power parity.
Had China really wanted to grab a bigger share of world exports, it is hard to imagine that its policymakers would have settled for such a modest adjustment.
At the same time, most of the burden of adjustment would fall on the countries that left the euro.
Trying to fine-tune an economic and technical adjustment path would be as futile as trying to control the price of crude oil.
They will be driven to tolerate higher inflation as a means of forcing investors into real assets, to accelerate deleveraging, and as a mechanism for facilitating downward adjustment in real wages and home prices.
In 1981, the “trade adjustment assistance (TAA) program was one of the first things Reagan attacked, cutting its weekly compensation payments.”
After years of structural adjustment programs, the health-care systems of many developing countries – especially in Africa – had been ravaged, with 30-50% vacancy rates in health-care positions, bare dispensaries, and never-ending queues.
Moreover, different methods of collecting consumer prices yield different results, depending on how housing costs are treated and the hedonic adjustment applied.
In 2015, the ECB also started an asset-buying program, which ECB President Mario Draghi promised to continue “until we see a sustained adjustment in the path of inflation.”
But the decline is likely to be temporary, with new customers emerging after a period of adjustment.
The theory’s big idea is that if wages and prices are completely flexible, resources will be fully employed, so that any shock to the system will result in instantaneous adjustment of wages and prices to the new situation.
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