Imbalances
in sentence
916 examples of Imbalances in a sentence
As Foshan’s experience demonstrates, cities can play a pivotal role in correcting these
imbalances
and driving China’s economic transition.
The third type of recession occurs when
imbalances
in an economy build up to unsustainable levels before exploding.
Do these figures reflect alarming
imbalances
or are they the usual signs of a boom?
The US seems more reluctant than ever to exercise the leverage that it still has to press China to correct policies that threaten to distort trade, foster huge trade imbalances, and spark greater competition for scarce raw materials.
Balancing China’s High SavingsBEIJING – China’s national savings rate has been very high in recent years, amounting to 52% of GDP in 2008 (the most recent year for which statistics are available), and is often blamed for today’s global
imbalances.
If Americans and Europeans had saved more, they might not have created the global
imbalances
that fueled the financial crisis, or the worldwide sovereign-debt problems that have since emerged.
Rather, savings should be channeled even more – and more efficiently – to domestic investment in order to avoid large external
imbalances.
Of course, a country must deal with a savings rate that is “too high” even if it is not necessarily the main cause of external
imbalances.
Otherwise, there is the danger of creating expensive global
imbalances
and even fragmentation.
The accession countries had to decide the optimal timing for eurozone enlargement - a difficult task, because economic theory gives no clear answers in this respect, and because several accession countries are wrestling with fiscal
imbalances
well above the Maastricht Treaty's ceiling of 3% of GDP.
The dynamics of adjustment within the eurozone exacerbate the underlying
imbalances
– Germany is becoming more competitive while the periphery remains uncompetitive.
Perhaps a stronger fiscal union, a central ministry of finance, and debt sharing would reduce the difficulties and
imbalances
enough to allow the euro to survive.
In the face of large and growing external imbalances, the Central Bank of Egypt (CBE) chose to defend the Egyptian pound during last year’s political and economic turmoil.
But, although they have increased their dependence on market forces, their governments continue to dictate too many major economic decisions, increasing the risk of
imbalances
or even crises.
Instead, the group’s report underscores the true risk for Europe: a return to the soft budget constraints – both private and public – and excessive borrowing that overheated its southern and western periphery and gave rise to destabilizing trade
imbalances.
The current crisis is already unwinding some of the
imbalances
that drive both countries’ energy and environment challenges.
To be sure, reserves are important to smooth out
imbalances
in a fixed exchange rate regime.
Finally, the reduction of global
imbalances
implies that the current-account deficits of profligate economies (the US and other Anglo-Saxon countries) will narrow the current-account surpluses of over-saving countries (China and other emerging markets, Germany, and Japan).
Resurrecting Creditor AdjustmentLONDON – With all the protectionist talk coming from US President Donald Trump’s administration, it is surprising that no one has mentioned, much less sought to invoke, an obvious tool for addressing persistent external imbalances: the 1944 Bretton Woods Agreement’s “scarce-currency clause.”
The result is that
imbalances
between creditors and debtors have been locked into place.
One way to unlock current
imbalances
would be to adapt the Bretton Woods mechanism.
Such an approach should seek to protect economies from the destabilizing impacts of politically motivated policy changes, without impeding governments’ ability to correct dangerous
imbalances.
But relegating free-market principles to the past would simply create a new set of
imbalances.
In Asia, Chinese President Xi Jinping is in a stronger position than ever, suggesting that effective management of
imbalances
and more consumption- and innovation-driven growth can be expected.
Their opponents, by contrast, see structural weaknesses and internal
imbalances
as the major impediment to growth; for supply-siders, it is the slow pace of economic and social reforms that is to blame.
Removing the risk of a euro implosion – which, given massive global imbalances, derivatives markets run amok, and the colossal scale of America’s budget deficit, could catalyze a major international crash – presupposes two fundamental changes in Europe.
They grumble at the injustice of blaming them for the global economy’s
imbalances.
By contrast, China achieved economic decentralization, but preserved centralized political power, transferring economic-management responsibilities largely to provincial officials, which has created its own
imbalances.
Fallacy 3: Current global
imbalances
will continue to afflict us.
China can maintain its currency practices, but at the risk of large global macroeconomic
imbalances
and a major political backlash in the US and elsewhere.
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