Downturn
in sentence
613 examples of Downturn in a sentence
Malaysia had a shorter downturn, and emerged from the crisis with a smaller legacy of debt.
The magnitude of budget deficits – like the magnitude of the
downturn
– has taken many by surprise.
Those who are now leaving school and entering the job market run the risk of becoming a lost generation, like their Japanese cohorts who began their working lives at the beginning of Japan’s
downturn
in the 1990’s.
As markets normalize, surely investors will look around and realize that the US has vastly increased its debt in fighting the downturn, possibly by several trillion dollars.
The surpluses and deficits grow larger during the upturn, and the burden of adjustment falls disproportionately on debtors during the downturn, leading to a debt-deflationary process that takes root in the deficit regions before dampening demand everywhere.
Here is what worries me: the structure of US unemployment is very different in the current
downturn
than it was in the past.
Indeed, there are no practical reasons for Russia’s current system of governance to fall into crisis (although such reasons may emerge in the event of an economic downturn).
Perhaps the unsustainable pre-2008 bubble was larger in the UK; perhaps the UK’s structure (particularly the larger share of finance in its GDP and the continued decline in energy output) made the initial
downturn
less reversible.
An economic
downturn
or rising interest rates would thus send public debt soaring again – and Italy cannot count on the ECB to continue buying its bonds indefinitely.
Still, our best guess is that this cyclical
downturn
will prove temporary, and that on a five-year perspective, the US will continue to demonstrate a strong capacity to achieve economic growth.
The effect of automatic stabilizers in the economic downturn, state support for banks, and the fiscal stimulus packages adopted by governments all undermine fiscal sustainability.
If the severe decline in Europe's stock markets is a guide, the current
downturn
will be as deep on the Continent as in the US.
After a sharp
downturn
during the 2008-2009 recession, this proportion has now recovered to nearly 50%, a high point relative to historical averages.
While its depth and length cannot be predicted, a continued credit crunch, sovereign-debt problems, lack of competitiveness, and fiscal austerity imply a serious
downturn.
Better indicators would have revealed the highly negative and possibly long-lasting effects of the deep post-2008
downturn
on productivity and wellbeing, in which case policymakers might not have been so enamored of austerity, which lowered fiscal deficits, but reduced national wealth, properly measured, even more.
Europe, too, faces challenges, and not just from the fact that it now has the worst
downturn
of the world’s major economic regions, with Germany’s government warning of a surreal 6% decline in GDP for 2009.
Alternatively, rising interest rates and a
downturn
in the real estate market could so weaken consumer demand that the economy slips into recession, squeezing exporters in other countries that depend on the US market.
While it would be rash to forecast a double dip as the most likely outcome for the economy during the rest of this year, many of us are raising the odds that we attribute to such a
downturn.
To be sure, France has been severely hit by the global financial crisis and economic
downturn.
The Competition FactorBRUSSELS/MEXICO CITY – Since the global economic
downturn
began in 2008, debate has centered on the macroeconomic strategies and instruments used to address the crisis and foster recovery.
They sucked each other into a sense of false prosperity, only to trip each other up during the inevitable
downturn.
The recent
downturn
in France’s industrial output has created large trade deficits, and is undermining the competitiveness of small and medium-size enterprises.
This may not be popular, especially in an economic
downturn.
This “realignment theory” helps explain the current
downturn.
Policymakers normally respond to recessions by cutting interest rates, reducing taxes, and boosting transfers to the unemployed and other casualties of the
downturn.
Adding $1.5 trillion more to the federal debt will create an understandable reluctance to respond to a
downturn
with further tax cuts.
Instead of stimulating the economy in the next downturn, the Republicans in Congress are likely to respond perversely.
The length of an economic expansion is not a reliable predictor of when the next
downturn
will come.
In other words, while all indicators point to a severe economic
downturn
in Europe, the eurozone’s current interest-rate spreads are provoking a shift to austerity.
Output grew by just 1.5% last year, and real GDP per capita is lower now than before the economic
downturn
began at the end of 2007.
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