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Adjustment in sentence

880 examples of Adjustment in a sentence

The inescapable information deficit obstructs all those smoothly working adjustment mechanisms – i.e., flexible wages and flexible interest rates – posited by mainstream economic theory.
Some argued in favor of delaying consolidation, because the economy was still in a deep recession; too harsh an adjustment, according to this view, would have a major impact on a still-weak private economy.
Adjustment fatigue is setting in, and governments risk losing support if they go much further in their consolidation efforts.
Consequently it is the target of US complaints about unfair competition, and of efforts to force an exchange-rate adjustment that would deter Americans from buying Chinese toys, appliances, and clothing.
The floating-rate system of today is stronger and the costs of adjustment differently distributed.
But, given the large adjustment needs, it is not politically feasible to do everything, including painful fiscal tightening, immediately.
Less austerity, while not a sustainable growth strategy, may ease the pain of adjustment.
Autor, Dorn, and Hanson document that the expansion of Chinese exports has produced “substantial adjustment costs and distributional consequences” in the US.
China Needs a Service-Sector RevolutionBEIJING – China is getting its exchange-rate adjustment whether it likes it or not.
The only difference in China is that the adjustment has been suppressed, so it is now coming abruptly.
It would have been better had Chinese officials encouraged earlier and more gradual adjustment, and if adjustment had come through currency appreciation, which would have enhanced workers’ command over imports, rather than inflation, which will make no one happy.
The adjustment will be even more painful in Europe, because a sovereign-debt crisis has a depressing effect on everyone – consumers, investors, and the public sector alike.
Without negative external shocks, exorbitant TFP growth would have declined gradually, as the returns from institutional adjustment, reallocation of resources, and technological catch-up naturally diminished, in accordance with the convergence hypothesis.
America’s Bad Border TaxNEW YORK – The United States may be about to implement a border adjustment tax.
Along with other proposed reforms, the BAT would turn the US corporate income tax into a tax on corporate cash flow (with border adjustment), implying far-reaching consequences for US companies’ competitiveness and profitability.
The final major problem with the BAT is that it violates World Trade Organization rules, which allow border adjustment only on indirect taxation, such as value-added tax, not on direct taxes, like those levied on corporate income.
Even in the short term, admission to the SDR could help by convincing markets that China’s currency adjustment in August was not the start of a big devaluation.
Nouriel Roubini, who famously forecast the 2008 financial crisis, agrees that “a correction has already occurred in emerging markets, limiting the need for further adjustment when the Fed moves.”
Defective growth models in advanced countries, based on excess credit and domestic aggregate demand (and complicated by structural flaws and limited adjustment mechanisms in Europe), led to instability, a crisis, and a large negative shock to the real economy.
For example, future growth in Social Security benefits or the home-mortgage-interest tax deduction could be scaled back for more affluent individuals, as progressive indexation, proposed by conservatives in the US, and the adjustment of mortgage-interest tax deductions in the United Kingdom, started during the Thatcher administration, attest.
Adjustment in the United States’ monetary union occurs partly through labor mobility.
In Rakuten’s case, adjustment certainly took time.
A trade deal creates adjustment costs concentrated in particular areas, like the US Midwest and South, where manufacturing can be costlier and less efficient than overseas.
In view of the need for structural adjustment, the PBC should maintain a tight monetary stance.
Owing to a lack of distinct progress in restructuring and rebalancing the domestic economy, the next five years will be difficult, and the window of opportunity for adjustment will close rapidly.
He has talked of a border adjustment tax.
Our second message was optimistic: if the agenda of the current round is reoriented towards development, and if assistance is provided to manage implementation and adjustment costs, developing countries can gain much.
High growth and financial stability in emerging economies are helping to facilitate the massive adjustment facing industrial countries.
Emerging economies’ ability to provide the growth lubrication that facilitates adjustment in industrial countries is also a function of the latter countries’ willingness to accommodate tectonic shifts in the operation and governance of the global economy.
Governments may sign treaties and make solemn commitments to subordinate their fiscal policy to the wishes of the EU as a whole (or to be more precise, to the wishes of Germany and the European Central Bank); but, in the end, the people may reject any adjustment program that “Brussels” (meaning Berlin and Frankfurt) might want to impose.
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