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Distortions in sentence

256 examples of Distortions in a sentence

Absent coordination, there is also a risk that monetary policies designed to promote growth (or at least not impede it) will lead to a return of financial-sector distortions and imbalances.
In fact, due to distortions in how wages are set-often set irrespective of local labor productivity rates-migrants can even contribute to reducing unemployment in Western and Southern Europe.
Because such distortions (a legacy of the dual-track transition) result in income disparities, they ultimately repress domestic consumption and contribute to China’s trade imbalance.
Suppressing consumption thus suffocates future growth, and the share of household consumption in GDP has declined from 67% in the mid-1990’s to below 50% in recent years, with most of the decline reflecting the distortions created by government policies.
But if exports continue to grow in the absence of consumption-led import growth, distortions occur and the trade surplus and foreign reserves increase.
But, even in such an economy, years of debt-fueled domestic demand may produce a loss of competitiveness and structural distortions.
And the great distortions from being “too big to fail” loom large over many economies.
So central banks continue to postpone monetary-policy normalization, with the result that asset prices rise, producing dramatic market distortions that make those very corrections inevitable.
Participants emphasized that changes would be needed in multiple areas, including improving the system of taxation and social insurance, further developing housing and the service economy, and eliminating a range of relative price distortions.
Distortions in the real-estate market are a powerful motivation for saving, particularly among young people who struggle to meet the high down-payment needed to buy a first home.
Distortions in key prices that favor capital-intensive manufacturing need to be removed by raising the cost of land, energy, water, and capital.
The rich receive a disproportionately large share of their income through capital gains, and to tax capital gains at rates lower than other forms of income exacerbates inequality and leads to distortions.
Meanwhile, capital is flooding into the higher-interest-rate emerging markets, causing inflationary pressures, driving up asset prices, and subjecting currencies to competitiveness-threatening appreciation – in short, distortions and policy headaches that require unconventional, defensive responses.
The distortions and distributional issues are set to become more pressing as the size and impact of the major emerging economies increases, owing to their return to rapid growth, and as the advanced countries experience an extended period of sluggish performance.
China’s focus on industrial production is problematic in another respect: it is extremely capital-intensive, owing largely to the distortions wrought by government policies.
To be sure, China still needs to undertake important domestic reforms, especially of the financial sector, in order to eliminate distortions in resource allocation and stem the economy’s slowdown.
When a market has structural distortions, political tools and collective action of the sort that OPEC embodied can be more effective than public policy.
But, in addition to the trade distortions that Blair has promised to address, he and other Western leaders should put an end to scandalous "round-tipping" or "back-to-back" loans and return the funds embezzled by African leaders and their Western friends.
True, the US is not the worst offender in the world when it comes to farm protectionism; the European Union’s trade distortions are significantly more pervasive.
Its conclusion was that Russia had real and human capital suitable to sustain a growth rate of 8% a year, and that its problem was primarily the distortions imposed by a poorly functioning tax system and the absence of a land market.
In fact, increased spending, which the Keynesians saw simply as boosting aggregate demand, produced distortions.
They should begin by eliminating non-market-based restrictions on the real-estate sector, which have generated serious distortions not only to the economy, but also to people’s lives, with couples divorcing temporarily to gain the right to purchase an additional apartment.
Indeed, when the ECB was established, some observers raised concerns even then about possible inefficiencies resulting from its supposedly outsized Governing Council and about possible distortions in its deliberations due to national considerations.
Ireland is a prominent example of how GNI has been used to correct for distortions in GDP.
We have not solved all of the problems associated with GDP, but we have come a long way in reducing many of its distortions.
They use both financial and human capital far less efficiently than their private-sector counterparts, and they have become key sources of both corruption and distortions in energy and natural-resource prices.
They have not addressed anti-growth distortions that undermine the efficacy of tax systems, financial intermediation, and trade.
This must be done fairly, so that disproportionate focus on one side’s abuses does not create distortions.
Despite the inefficiencies and distortions arising from such monetary financing, the ECB may indeed provide some breathing space for governments.
Such distortions need to be replaced by investment, both from repatriated flight capital and foreign sources.
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