Reductions
in sentence
486 examples of Reductions in a sentence
A Bad Deal for America’s FutureWASHINGTON, DC – The painfully negotiated US budget legislation that President Barack Obama signed on August 2 combines an increase in America’s government debt ceiling with
reductions
in federal spending, thus averting the prospect of the first default in the 224-year history of the United States.
The first flaw is that the spending
reductions
are badly timed: coming as they do when the US economy is weak, they risk triggering another recession.
The measure’s second shortcoming, however, is that the spending
reductions
that it mandates are modest.
Finally, opponents of the EU’s scheme contend that developing countries’ contribution to emission
reductions
should be less significant than that of advanced countries, since they contributed much less to the stock of existing greenhouse gases.
Experts tell us that adding up the
reductions
in greenhouse-gas emissions that these countries have pledged yields a total drop that is still well short of the agreement’s stated goal.
In contrast to the state, cities have even cut back essential services, including 20%
reductions
in police and fire personnel.
Trying to “square the circle” between the need to stimulate the economy and please the deficit hawks, Obama has proposed deficit
reductions
that, while alienating liberal democrats, were too small to please the hawks.
Otherwise,
reductions
that create anxieties in other countries could lead them to develop their own weapons and thus increase the number of nuclear weapons states.
But the study he quoted absurdly assumes that American emissions
reductions
would be unmatched by action in other countries.
Other negative effects of climate change include possible
reductions
in crop yields.
Unfortunately, the bail-in of private lenders is too limited in size and it is to be feared that the official sector will have to bear the burden of future debt
reductions.
European farmers also want to maintain current subsidy levels, and EU members say that they are unlikely to make any
reductions
before the end of the decade.
The dramatic
reductions
in poverty achieved by China over the span of a few decades, as well as by other East Asian countries like South Korea and Taiwan, resulted largely from improved economic management (as much as earlier investments in education and health may have played a role).
Over the next half-century, even large
reductions
in CO2 emissions would have only a negligible impact.
Call for
reductions
in taxes, spending, and government debt, which are the primary systemic risks?
Iranian oil exports have plummeted since 2011, from approximately 2.5 million barrels per day to around 1.3 million, owing in part to a total ban on oil exports to the EU and significant
reductions
by China, Japan, India, and South Africa.
That is why, as world leaders and environment ministers prepare to attend the climate-change conference in Paris in November and December, persuading all major emitters to commit to ambitious and legally binding emissions
reductions
is no longer considered realistic.
An agreement on tariff
reductions
by then is also possible, although its complexity may lengthen the timeline.
Thus, German corporations will have to contribute to fiscal consolidation through
reductions
in subsidies and additional taxes on major energy companies, airlines, and financial institutions.
What is most tragic is that when leaders meet in Copenhagen this December, they will embrace more of the same solution: promises of even more drastic emission
reductions
that, once again, are unlikely to be fulfilled.
The key to eliminating inefficient, unproductive subsidies to minorities is to implement tax
reductions
for all.
When such
reductions
were made under an IMF program in the 1990s, Pakistan’s national bus service ended up on the chopping block, and vehicles were allowed to deteriorate.
A reduction in unit labor costs can also increase competitiveness only to the extent that it actually results in price
reductions.
Unions, too, are resisting the necessary wage reductions, and public and private debtors fear the prospect of insolvency if their assets and revenues are assessed at a lower value, while their debts remain unchanged.
Those recoveries were also helped by interest rate
reductions
by the central bank.
Although the recently enacted two-year stimulus package includes a total of $800 billion of tax
reductions
and increased government spending, it would be wrong to think that this will add anything close to $400 billion a year to GDP in each of the next two years.
Most of the tax
reductions
will be saved by households rather than used to finance additional spending.
More importantly, the cap on emissions is being tightened over time – by 11% for the second period, from 2008 through 2012, and by 1.74% annually from 2013 on – so that the required
reductions
will increase in the future.
Many find the system lacking in ambition, but the important point is that a mechanism for achieving bolder
reductions
is in place.
From the 1960s to the 1990s, this process was driven primarily by generalized
reductions
in tariffs, agreed under the auspices of the General Agreement on Tariffs and Trade and the GATT’s successor, the World Trade Organization.
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