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Adjustment in sentence

880 examples of Adjustment in a sentence

Any profligate country that is suddenly forced to live within its means has a huge adjustment to make, even if all of its past debts are forgiven.
Indeed, the current situation indicates that a significant adjustment in exchange rates may not be needed at all in order to redress global imbalances.
Trump’s policy priorities – fiscal stimulus, corporate tax cuts, possibly a “border adjustment” tax on imports, pressuring the Federal Reserve to raise interest rates – will only strengthen the dollar.
Risk premiums continue to fall across the board, and two countries – Ireland and Portugal – have already exited their adjustment programs.
By contrast, Greece is still having problems fulfilling the goals of its adjustment program and is engaged in seemingly endless negotiations over yet another multilateral financing package.
This lack of adjustment capacity is crucial.
Moreover, the lack of export growth made the fiscal adjustment much more difficult.
What went wrong in Greece was not the fiscal adjustment.
The really important target for any country starting an adjustment program with a double-digit current-account deficit must be export growth.
An adjustment program succeeds or fails at home, not in Brussels or Washington.
The bitter medicine that Germany and the ECB want to impose on the periphery – the second option – is recessionary deflation: fiscal austerity, structural reforms to boost productivity growth and reduce unit labor costs, and real depreciation via price adjustment, as opposed to nominal exchange-rate adjustment.
Unless they abandon asymmetric adjustment (recessionary deflation), which concentrates all of the pain in the periphery, in favor of a more symmetrical approach (austerity and structural reforms on the periphery, combined with eurozone-wide reflation), the monetary union's slow-developing train wreck will accelerate as peripheral countries default and exit.
But even the ECB cannot be indifferent to the risks of appreciation, because a strong euro may seriously complicate economic adjustment in countries like Spain, Portugal, Greece, and Ireland.
Asymmetry of this magnitude requires a significant adjustment of relative prices.
For both sides, it is more desirable to let the adjustment take place through changes in nominal exchange rates, which would help contain deflation in the north and inflation in the south.
The adjustment that needs to take place is blocked.
On the contrary, its importance stems from the fact that China holds the key to global adjustment.
The panelists agreed on two points: first, they initially detested the wrenching adjustment programs dictated by the terms of the International Monetary Fund’s so-called conditional bailouts (the South Koreans still refer scornfully to the “IMF crisis” of the late 1990’s).
But then the tough conditionality of IMF bailouts and adjustment programs – Asia’s own dose of austerity – kicked in.
Second, currencies played an important role as an escape valve in the early days of Asia’s post-crisis adjustment process.
In Asia in the late 1990’s, measures aimed at the financial sector dominated IMF-imposed structural adjustment programs, but there were also programs that focused on tax and expenditure reforms, corporate governance, privatization, and business-debt restructuring.
The EMF (or rather ESF, as some have dubbed it, for European Stability Fund) could manage an orderly default of an EMU member country that fails to comply with the conditions attached to an adjustment program.
Adjustment policies have helped, no doubt at the cost of significant growth slowdowns and even recessions.
Wouldn’t it be better to accept more adjustment now in the form of slower post-crisis growth than to set ourselves up for an even bigger crash?
The adjustment mechanism usually provided by exchange-rate movements could instead be delivered by wage changes.
If Europeans want to regain self-confidence, pride and, collective hope, they must seize the opportunity that the necessary and inevitable adjustment of the multilateral system represents for them.
Fiscal stimulus, in the form of backloading deficit-reduction efforts, might help tide the economy over while structural adjustment and expansion of competitiveness in the tradable sector proceed.
But government can take action that improves productivity, investment returns, and conditions for innovation, thereby increasing the pace and enhancing the long-term results of structural adjustment.
The aggressive policies that they are following, however, could jeopardize the process of adjustment.
The New Economy may be wonderful for economic performance, but it imposes adjustment, pace of change and strain on many people which appear to be out of proportion to their ability to cope.
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