Imbalances
in sentence
916 examples of Imbalances in a sentence
But, in terms of addressing global macroeconomic imbalances, Germany’s critics will be disappointed by such measures.
The euro’s recent sharp rise has made this competitiveness problem even more severe, reducing growth further and making fiscal
imbalances
even larger.
With advanced economies struggling to avoid financial collapse, escape recession, reduce unemployment, and restore growth, central banks are being called upon to address, sometimes simultaneously, growing
imbalances.
If that happens, global
imbalances
will continue to add risk to the global economy.
Europe has never claimed to have the means of redressing all the strategic
imbalances
that exist in Africa – nor does it have any intention of doing so.
On the other side were officials, like George Harrison of the Federal Reserve Bank of New York, who worried about the impact on the broader economy and preferred to use other instruments to address financial
imbalances.
At a global level, more must be done to address macroeconomic
imbalances
and generate demand in surplus countries, including developed economies like Germany.
Such resilience will be tested over the longer run, though, owing to the fiscal and external imbalances, which were unaffected by the data revision.
In the coming years, in areas such as climate change, global imbalances, and reform of the international monetary system, China should and will play a more active role as a major global stakeholder.
Some observers think that the US political backlash against foreigners “buying up America” is what will bring the current configuration of global
imbalances
to an end.
The first group includes countries like India and the United States, where economic recovery is broadening, enabling them to overcome financial
imbalances.
Emerging countries in Latin America, East Asia, Eastern Europe, and Africa are innocent bystanders in the tussle between the US and China over currencies and trade
imbalances.
For a decade now, the world economy has suffered from tremendous global imbalances: massive external surpluses in countries like China, Japan, Germany, Switzerland, and the oil producers, matched by equally large external deficits in the US, the United Kingdom, Spain, and others.
The
imbalances
were reduced temporarily as the global financial crisis caused private demand to drop in the US, the UK, and elsewhere.
But, starting in 2010, the
imbalances
returned, and, according to the International Monetary Fund’s recently released World Economic Outlook, they will not shrink between now and 2016.
Furthermore, exchange-rate movements are essentially determined by financial flows and may have no effects in terms of correcting global trade
imbalances.
America no longer has to be the protector of Western Europe, as she was during forty Cold-War years; but she still has to be the moderator of European
imbalances.
In recent years, trade pacts have exacerbated
imbalances
on that front, by failing to deliver benefits for the many, rather than for a relatively few powerful corporations.
The prevailing belief that market discipline corrects such
imbalances
is false, for two reasons.
A decade of historically low interest rates has led to economic
imbalances
in favor of sectors that are highly leveraged: the financial sector, the housing market, and private equity.
The periphery needs to recover competitiveness, and some have taken heart from the Mediterranean countries’ shrinking trade deficits – the structural trade
imbalances
within the eurozone are correcting themselves, they say.
While hardly denting global trade imbalances, a small move would bring in a flood of foreign capital, overwhelming China’s currency defenses and leading to chaos.
Indeed, they failed to redress the
imbalances
of earlier rounds of trade talks that had made the poorest regions of the world worse off.
In the past year, the RMB has appreciated by 6%, but the pace is not fast enough to reduce China’s global trade surplus, its internal imbalances, or foreign-exchange-market pressures.
The sustained and, in a sense, complementary
imbalances
in the US and Asia stand out.
The practical and inescapable lesson is that when any country is left to its own policy devices, its preferences may lead to prolonged and ultimately unsustainable
imbalances.
By contrast, in the interwar years poisonous international politics combined with global economic
imbalances
to create the Great Depression and set the scene for World War II.
But financial intermediation would never have brought disaster (or indeed gone so far) save for the global
imbalances
arising from America’s twin trade and budget deficits, financed to a large extent by Chinese savings.
They will no longer be able to adjust to payments
imbalances
and their macroeconomic consequences by exchange rate movements - as, for example, the U.K. did very successfully in 1992.
But it is also essential, because China’s new leadership seems determined to come to grips with a vast array of internal
imbalances
that threaten the environment, promote destabilizing income inequality, and exacerbate regional disparities.
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