Recovery
in sentence
2780 examples of Recovery in a sentence
This conception grasps neither growth nor
recovery.
In healthy economies, a contractionary demand shock sets off two types of responses fueling
recovery.
The demand-siders say that innovation only makes
recovery
harder, because it enables firms to meet existing demand with fewer employees.
In the 1920’s, Germany ended up having to pay only a small fraction of its reparation bill, but the long time it took to get to that point prevented the full
recovery
of Europe, made Germany itself the most conspicuous victim of the Great Depression, and bred widespread resentment, with dire political consequences.
With the US economy currently growing at a 1.6% annual rate, a fiscal drag of even 1% implies near-stagnation in 2013, though a modest
recovery
in housing and manufacturing, together with QE3, should keep US growth at about its current level in 2013.
If persistent asset reflation requires a significant GDP growth recovery, it is tautological to say that if equity prices rise enough following QE, the resulting increase in GDP from a wealth effect justifies the rise in asset prices.
In short, QE3 reduces the tail risk of an outright economic contraction, but is unlikely to lead to a sustained
recovery
in an economy that is still enduring a painful deleveraging process.
For Ireland to continue on the path of economic recovery, it needs to be seen as part of the solution, not part of the problem.
Irish
recovery
cannot occur without European
recovery.
But Spain’s
recovery
is not quite what it seems, and there is scant evidence that what progress the country has made is the result of austerity and reforms.
Likewise, there is not much evidence that structural reforms have spurred Spain’s
recovery.
In any case, Spain’s
recovery
is less robust than it seems.
Fifth, the combination of unfavorable demographics and overhang of empty homes will prevent a strong
recovery
in the housing market.
The story of Spain’s
recovery
is not quite “lies, damned lies, and statistics”; but nor is it the inspiring narrative of policymaking courage and vindication that many observers make it out to be.
When there is no instant fix available, they can become discouraged, hampering their
recovery
further.
Four years later, the repeated failure of economic forecasters to predict the depth and duration of the slump would have elicited a similar question from the queen: Why the overestimate of
recovery?
But imprecision is one thing; the systematic overestimate of the economic
recovery
in Europe is quite another.
In the US, the story is one of continued
recovery
as the headwinds slowing growth dissipate.
But now, when it comes to recovery, the belief that this time should not be different might be equally dangerous.
Many policymakers and economists have observed that the
recovery
from the 2007-2008 financial crisis has been much slower than most recoveries of the post-war era, which needed only a little more than a year, on average, to restore output and employment to their previous levels.
By this standard, the current
recovery
is unacceptably slow, with both output and employment still below the previous peak.
Policymakers thus feel justified in using all available macroeconomic levers to achieve a
recovery
that resembles those of the past.
When the crisis erupted, many hoped for a V-shaped recovery, notwithstanding a substantial body of research showing that recoveries from recessions caused by a financial crisis tend to be weaker and slower than recoveries from “normal” recessions.
When the economic
recovery
begins to accelerate, commercial banks will want to use the large volume of reserves that the Fed has created to make loans to businesses and consumers.
Almost four years after the beginning of the crisis, developed economies have not managed a sustainable recovery, and even the better-off countries reveal signs of weakness.
Understandably, there is a debate about how to achieve
recovery.
Within the eurozone, structural reforms and more efficient public spending, which are essential to sustainable long-term growth and debt levels, must be combined with policies to support demand and
recovery
in the short term.
Now that America's
recovery
is underway - and it arises from a slump not a recession - the current account deficit will widen even further and in no time discussions about the unsustainable high-flying dollar will become fashionable again.
But will the populist tide surging across the advanced economies drown the accelerating
recovery?
Or will the
recovery
stifle leaders who confidently espouse seductively simple solutions to genuinely complex problems?
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