Downturn
in sentence
613 examples of Downturn in a sentence
Even more disturbing, the gap is widening, not closing (as one would expect following a downturn, when growth is typically faster than normal as the economy makes up lost ground).
China is Not CollapsingLONDON – One question has dominated the International Monetary Fund’s annual meeting this year in Peru: Will China’s economic
downturn
trigger a new financial crisis just as the world is putting the last one to bed?
MILAN – What can we expect as the world’s economy emerges from its most serious
downturn
in almost a century?
The financial crisis, morphing quickly into a global economic downturn, resulted not just from a failure to react to growing instability, risk, and imbalance, but also from a widespread pre-crisis inability to ”see” the rising systemic risk.
A military emergency or an economic
downturn
would call for additional debt-financed spending or tax reductions.
A tax on carbon dioxide emissions or a slowdown of spending growth for federal entitlement programs can start to bring the debt ratio back down toward the 50% level that prevailed before the 2008-2009
downturn.
An economy has two potential ways to adapt to and mitigate its
downturn.
This partially cushions the
downturn.
Those changes should also be phased in gradually to protect beneficiaries and avoid an economic
downturn.
There is no moral equivalent of war on the horizon to pull the US into a mighty boom and erase the shadow cast by the downturn; and when I take present values and project the US economy’s lower-trend growth into the future, I cannot reckon the present value of the additional loss at less than a further 100% of a year’s output today – for a total cost of 1.6 years of GDP.
In his first two years in office, when his Democratic Party controlled both houses of Congress, he took numerous steps to stem the worst economic
downturn
since the Great Depression.
The Fed failed to avert the economic
downturn
of 1990, and a reading of Greenspan’s testimony to Congress during that period makes clear that the basic nature of the economy’s problems was not well understood.
Indeed, even before the sudden
downturn
in the US economy, a growing number of members of the ECB’s Governing Council already had come to the conclusion that accelerating the pace of interest-rate increases was needed if its goal of monetary neutrality was to be achieved.
Holland's problems were mainly structural, although a cyclical economic
downturn
made matters worse.
But David Wilcox, Director of Research and Statistics at the Fed, and his co-authors argue that the severity and duration of the
downturn
that began in December 2007 has been steadily eroding the capital stock and the size and skills of the labor force.
But, as a group, emerging-market economies have been negatively affected by the recent
downturn
in developed countries.
But a more cautious interpretation of the missing defaults is that the protracted nature of the
downturn
in international conditions has yet to take its cumulative toll, or that lingering weaknesses will only become evident once the major central banks move further along in renormalizing their policy stances.
Each country produced its own story: India’s downturn, for example, was attributed to political problems in New Delhi and a central bank worried about price stability (though there was little reason to believe that raising interest rates would do much about the price of onions and the other items underlying Indian inflation).
The
downturn
was so severe, and lasted so long, that some even used the term “depression,” before settling on “Great Recession.”
In addition to real GDP, employment, income, and sales are considered, as are the depth, duration, and diffusion of the
downturn
throughout the overall economy.
Of course, excuses are at hand: the magnitude of the economic
downturn
was not anticipated and the increased expenditures to fight terrorism could not be foretold.
Europe will join America in a downturn, reinforcing America's decline and setting in motion a global downward spiral.
President Bush could even stabilize the economy, offering better unemployment benefits to provide needed stimulus if the
downturn
continues.
The closest thing to a real warning came before the 1980-82
downturn.
(Of course, it still suffered the consequences of the
downturn
in copper prices--capital controls can't solve all problems).
And, given that resource assets are scarce and non-renewable, the traditional practice of auctioning and leasing land to keep the fiscal deficit under control is unsustainable – especially at a time when external shocks or a domestic economic
downturn
could easily trigger a short-term solvency crisis or debt default.
Just how painful the
downturn
turns out to be depends largely on how governments and individuals behave during the bonanza.
Of course, that was no ordinary
downturn.
If China’s economic slowdown persists – as those following investment booms and fueled by debt overhangs often do –the commodity
downturn
is likely to continue, as no other economy is capable of picking up the demand slack.
Normally, deficit reduction in an economic
downturn
makes a
downturn
worse--just as the British economist John Maynard Keynes demonstrated 70 years ago.
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