Downturn
in sentence
613 examples of Downturn in a sentence
And all the lines of business that had been profitable before the
downturn
would become profitable once again.
After the most recent US downturn, however (and to a lesser extent after its two predecessors), things have been different.
The
downturn
was not caused by a liquidity squeeze, so the Fed cannot wave its wand and return asset prices to their pre-recession configuration.
But the danger of sharp asset-price declines that precipitate an economic
downturn
should not be ignored.
So, for those looking for signs of recovery from the global economic downturn, India remains the place to watch.
But how such a
downturn
would unfold is far from certain.
But continued high growth in emerging markets depends on avoiding a second major
downturn
in the advanced economies, which continue to absorb a large (though declining) share of their exports.
Intervention may be needed in fragile sectors of the US economy, like housing, where faltering performance could produce another
downturn.
The underlying idea is simple: every year, countries around the world set aside reserves as insurance against contingencies such as an abrupt
downturn
in foreign lenders' sentiment or a collapse of export prices.
The advanced countries are in for the worst economic
downturn
since the Great Depression.
The war, and the way it has been conducted, has reduced America’s room for maneuver, and will almost surely deepen and prolong the economic
downturn.
A related explanation emphasizes the phenomenon that economists call hysteresis: A persistent cyclical
downturn
or weak recovery (like the one we have experienced since 2008) can reduce potential growth for at least two reasons.
The rise of GDP over the next ten years will reflect the very positive effect of the eventual recovery from the current deep downturn, combined with a below-trend rise in the economy’s potential output at full employment.
Together in RecoveryNEW YORK – The United Nations’ recently released World Economic Situation and Prospects mid-year report warns that the global economy is at risk of a severe downturn, unless world leaders’ short-term mindset gives way to a focus on medium- and long-term policies.
Reorienting production to domestic consumption would be difficult under any circumstances; a
downturn
in global trade, increasingly volatile commodity prices, and falling aid and investment flows don’t help.
Implementing credible austerity plans constitutes the lesser evil, even if this aggravates the cyclical
downturn
in the short run.
These hypotheses (which are not mutually exclusive) are especially helpful in understanding both why rates were drifting lower prior to the crisis and why the
downturn
has persisted.
There was even a touch of schadenfreude in the air about the problems the United States is having right now – though it was moderated, of course, by worries about the downturn’s impact on their own economies.
I argued at Davos that central bankers also got it wrong by misjudging the threat of a
downturn
and failing to provide sufficient regulation.
As the
downturn
deepens, several countries may, for example, face bankruptcy.
World Bank data link the economic
downturn
to an increase, by 200,000, in mortality among children under the age of five.
African countries that were locked out of international capital markets for most of the past five decades have largely been spared the twin woes of financial turmoil and economic
downturn.
But that does not mean that we should hunker down and await a
downturn.
Unemployment was soaring, and austerity, rather than restoring fiscal balance, simply exacerbated the economic
downturn.
Beginning with the sharp monetary-policy easing that occurred following the 1987 stock-market crash, monetary policy has been used aggressively in the face of every economic
downturn
(or even anticipated downturn) ever since – in 1991, 1998, 2001, and, with a vengeance, following the events of 2007.
Government spending – especially on unemployment benefits, aid to states, and some construction projects – probably helped avert a more wrenching downturn, but continued red ink worries households, which are also trying to rebuild savings and reduce debt after a spending binge.
Such arguments often invoke Milton Friedman, who warned in 1998 that Europe’s commitment to the euro would be tested by the first serious economic
downturn.
That
downturn
is now upon us, but the results have been precisely the opposite of what Friedman predicted.
What neither Friedman nor anyone else anticipated in 1998 was that the first serious
downturn
following the advent of the euro would coincide with the mother of all financial crises.
The impact of such cuts on aggregate demand is almost always modest, and they are poorly suited for shifting expectations for recovery and growth in the post-financial-crisis
downturn.
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