Distress
in sentence
647 examples of Distress in a sentence
Merkel’s Panglossian campaign was much more in tune with the sentiment of the German electorate than the opposing parties’ tristesse about working-class distress, which was rightly seen as a ploy for raising taxes.
Economic theory holds that there are incentives for some market participants to delay a resolution, and these are particularly costly in situations such as those in East Asia and Argentina, where corporate
distress
is prevalent and where the economy faces a major economic downturn.
Capital inflows recovered somewhat, and most emerging-market economies weathered the financial
distress
in their capital markets.
In Ukraine, the potential political ramifications of sovereign-debt
distress
are enormous.
Widespread economic
distress
is never without political consequences.
Ukraine, in particular, is in a perilous state, but financing public works that would create jobs in Eastern Ukraine, where the steel industry is in distress, could make a major difference both politically and economically.
Kindleberger singled out their failure to “maintain a market for
distress
goods” – that is, to keep their domestic markets open to imports from crisis-stricken economies.
In Korea the
distress
seemingly does not run as deep as, say, in France, but without restructuring and privatization of economic decision-making -- away from government and chaebol bureaucracies -- Korea will come to look just like the sick advanced economies.
Nationalism today is not nearly as virulent as it was in the 1930s, because economic
distress
is much less pronounced.
While allowing it to appreciate would help to reduce the current-account surplus, it would also exacerbate the economic
distress
in the depressed southern countries.
Some take comfort in post-crisis improvements to global financial regulation, on the assumption that these measures will prevent financial
distress
from spilling over into the real economy.
In Japan, QE may have contributed to delays in economic reform and restructuring, thereby weakening longer-term economic growth and exacerbating fiscal
distress.
Why shouldn’t others similarly extend a helping hand to Indians in
distress?
The main argument is that high leverage contributes powerfully to systemic risk – a condition in which asset prices move in a highly correlated way, and distress, when it occurs, spreads quickly.
Europe remains very vulnerable; the EMU’s median citizen has already lost a decade, and the distance to
distress
is worryingly low.
In fact, a recent paper by MIT’s David Autor and others shows that the social
distress
caused by US-China trade has polarized American politics, and probably increased certain voting cohorts’ support for “nativist politicians” such as Trump.
To be fair, given the SOEs’ legacy costs (stemming from their responsibilities for social services and insurance), together with their financial
distress
in the 1990’s, it made sense for a while to let them keep their retained earnings and not place additional claims on them through the government budget.
To be sure, immediate relief is vital: Ockhi has completely shut down everyday activities in some coastal areas, causing severe economic (not to mention emotional)
distress
for the region’s poor fishing communities.
Dollars and DepressionThe falling dollar has emerged as a source of profound global macroeconomic
distress.
The question now is how bad that
distress
will become.
In this case, what is bad for economists is good for the world economy: we may be facing a mere episode of financial
distress
in the US rather than sky-high long-term interest rates and a depression.
I used to believe that denial of Saudi complicity in the attacks reflected our
distress
with what happened on that dark day.
My own work with Anne Case reveals more signs of
distress.
All successful rescues of countries in financial
distress
– Mexico, Korea, Thailand, Brazil, Turkey – require two conditions: the country’s credible willingness to impose the fiscal austerity and structural reforms needed to restore sustainability and growth; and massive amounts of front-loaded official support to avoid a self-fulfilling rollover crisis of maturing public and/or private short-term debts.
Introducing a new, weaker national currency to substitute for a stronger one in times of financial
distress
is an altogether different matter, about which most economists know almost nothing.
For example, if a central bank, in times of economic
distress
in the banking sector, floods the banks with additional, cheap liquidity, that will increase the supply of money on financial markets and push market interest rates down.
Yet this very heterogeneous group was able to crystallize the emerging global consensus that globalization, despite its positive potential, has not only failed to live up to that potential, but has actually contributed to social
distress.
Thus, if Argentina’s public sector falls into a state of debt
distress
in the coming years, it will have to submit to the tutelage of the IMF – a creditor in itself, but also an institution that is dominated by international creditors.
The lambs may have lost out on a few weeks of life, but they were also spared the
distress
of separation from their mothers, the misery of transportation, possibly for hundreds of kilometres, and the crowding and terror of the slaughterhouse.
In case of real distress, the rest of the EU will offer a bailout package.
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