Recovery
in sentence
2780 examples of Recovery in a sentence
Thus, for the emerging economies, advanced countries downside risks and the spillover effects of their
recovery
policies are the key areas of concern.
In the US, the main challenge is to restore fiscal balance without damaging the
recovery
and future growth.
The stress tests and recapitalizations of US banks in 2009 were subsequently hailed as crucial to the
recovery
of both the banking system and the economy.
All of this helped to limit the fallout of the financial crisis and push the global economy toward
recovery.
Europe’s Poisoned Chalice of GrowthCAMBRIDGE – After a double-dip recession and an extended period of stagnation, the eurozone is finally seeing green shoots of
recovery.
A third driver of
recovery
is the fact that banks and financial markets are now better insulated from the turmoil in Greece.
Hence Europe’s
recovery
is less at risk of being derailed by instability in Athens.
But the more confident the rest of Europe becomes of the sustainability of its recovery, the more it adopts a hard line – and the more likely a disorderly denouement becomes.
Similarly, the more that
recovery
and sustained growth strengthen banks’ balance sheets, the less urgency policymakers feel to address structural shortcomings, such as the implicit guarantees enjoyed by state banks and municipal savings banks in Germany, and the problems of family-controlled banks like Banco Espirito Santo in Portugal.
Economic
recovery
merely enables them to delay the inevitable day of reckoning.
To skeptics, green shoots of
recovery
will not bloom without access to the credit spigot, which is still clogged by balance-sheet damage in many banks.
It is easy to get lost in the details of
recovery
patterns, so a sound framework for assessing potential growth helps.
In fact, the Spanish economy is a classic case of a defective growth pattern followed by a predictable, policy-assisted
recovery
that is driven (with a delay) mostly by the tradable sector.
The path to recovery, though difficult and lengthy, has been relatively clear and specific.
But Spanish policymakers and business leaders appeared to grasp the nature of the pre-crisis economic imbalances – and the importance of the tradable sector as a
recovery
engine.
Indeed, though domestic investment is constrained by credit availability, major European and Latin American multinationals have begun investing in the Spanish economy, attracted partly by its enhanced competitive posture and structural flexibility, and, on a slightly longer time horizon, by a
recovery
in domestic demand.
European leaders seeking to escape austerity and stagnation should pursue new opportunities for
recovery
in this fast-growing region.
Poor policy choices, on the other hand, will at best delay
recovery
and at worst do permanent damage.
More important, do we need to answer that question definitively in order to boost the pace of economic
recovery?
Nevertheless, the subpar growth of the past half-decade still bears all the hallmarks of a typical sluggish
recovery
from a deep systemic financial crisis, as Carmen Reinhart and I documented in our 2009 book This Time is Different.
Yet investors have pushed equity indices to all-time highs, despite the feeble and uncertain recovery, while the VIX index, a proxy for investors’ perceptions of risk, fell to levels not seen since the boom years of 2005 and 2006.
This would help markets become more self-sufficient and resilient, thereby enhancing financial stability and providing support for economic
recovery.
But a debt-based
recovery
would be short-lived, and would sow the seeds of more acute debt troubles in the future.
But it can do so only in the context of a sustainable and inclusive
recovery
of economic activity – and that requires a more competitive economy.
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.
Iran could also interfere with oil traffic, leading to a spike in prices and delivering a further blow to American and global economic
recovery.
Some regimes will be tempted to stick with the status quo, hope for a
recovery
in oil prices, and crack down harder on civil society in the meantime.
For starters, Africa is poised for a modest, if fragmented, growth
recovery.
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.
To understand why, let’s start with the cyclical
recovery.
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