External
in sentence
2292 examples of External in a sentence
In terms of
external
economic policy, European policymakers have done very little in response to the wholesale changes now underway in the world economy – beyond complaining about Chinese imports and Russia’s aggressive use of its commodities, and, most recently, becoming embarrassingly obsessed with so-called Sovereign Wealth Funds.
Devaluation renders exports more competitive, thus substituting
external
demand for the domestic demand that is being compressed.
But, since none of these countries has a national currency to devalue, they must substitute internal devaluation for
external
devaluation.
They have to cut wages, pensions, and other costs in order to achieve the same gain in competitiveness needed to substitute
external
demand for internal demand.
The alternatives on offer are internal and
external
devaluation.
They are united in ruling out
external
devaluation.
These inconsistencies can be explained by
external
shocks – a point emphasized by Hideo Kobayashi in his book Post-War Japanese Economy and Southeast Asia.
Without negative
external
shocks, exorbitant TFP growth would have declined gradually, as the returns from institutional adjustment, reallocation of resources, and technological catch-up naturally diminished, in accordance with the convergence hypothesis.
External
shocks also explain China’s GDP slowdown since 2007.
These
external
effects are particularly consequential in the financial sector, owing to the potential for large and relatively abrupt changes in capital flows, asset prices, interest rates, credit availability, and exchange rates, all of which have powerful effects on output growth and employment.
These, too, had
external
effects; but, at least in the short run, the medicine (distortions in capital markets) was generally considered less damaging than the disease (economic collapse in the advanced economies).
The final narrative highlights the role of
external
conditions – good luck, not good policies – in determining economic performance.
Physicians and nurses should be encouraged to work with new health practitioners to engage
external
stakeholders, such as schools, food companies, financial firms, and social services.
Cut off from all
external
finance, Greece will become an economic pariah – the Argentina of Europe – and public pressure will presumably oust Syriza from power.
Average
external
debt on the continent has fallen from 63% of GDP in 2000 to 22.2% this year, while average inflation now stands at 8%, down from 15% in 2000.
And yet, despite their potential, African SMEs are subject to significant internal and
external
pressures, including poor infrastructure, high labor costs, deficient governance, and a dearth of skilled workers.
This makes economies significantly less vulnerable to
external
shocks.
No one can deny the role of schools, civic and business leaders, and, of course,
external
forces in bringing about this change.
Despite the vitality of the German economic engine, and the role it plays in fueling growth and maintaining stability in the eurozone, criticism of the country’s massive
external
surplus is mounting.
So a reduction in its
external
surplus, even by as much as 2.5 percentage points from the current level of 8.5% of GDP, would have a minimal impact on the global economy.
China’s GDP growth fell dramatically, owing to the collapse of
external
demand.
External
demand in the second half of 2011 is unlikely to be strong, owing to the shaky global recovery.
Many observers are relieved that Russia no longer needs
external
aid to support groups and activities that previously relied on it.
In order to protect the local economy further, beaches should be repaired after major storms through “beach nourishment” (replacement of lost sand from
external
sources).
The region does not need new borders and new protectorates, but rather better states, built to be resilient against ethnic divisions and less vulnerable to
external
influence.
President Donald Trump argues that the widening US
external
deficit reflects unfair international rules that benefit its trade partners, with China receiving the most attention.
Then the imbalance shifted, and China registered a $60 million trade surplus with the US, which accounted for 0.3% of the total US
external
deficit.
But their governments seem to be taking advantage of the bonanza to pay off pending
external
debt and increase their foreign reserves.
To be sure, Germany accounts for the largest share of the eurozone’s
external
surplus, and three related arguments are typically used to justify the call for German authorities to use fiscal policy to address it.
The consequences have been high internal and
external
deficits.
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