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Shock in sentence

1561 examples of Shock in a sentence

Libor UnpluggedLONDON – Last year’s Libor scandal was a shock to the body politic in London.
If so, this will deliver a macroeconomic shock of historic proportions and profoundly change the Middle East.
The lessons of the last oil shock, which came on the heels of a collapse in state-led industrialization in the mid-1980s, were hard to absorb.
The government of a country hit by a positive shock could attain a target even without having done anything to achieve it.
Still, immigration has remained a hot-button issue across Europe, owing to the shock of the initial refugee crisis, which still reverberates in voters’ minds.
Despots in Arab countries, China, and Russia do not shock the French.
For about three billion people in the world today, including China, much of India, and most of East Asia, economic development is proceeding reasonably well, even if it displays a lot of ups and downs (most recently, the shock of the SARS epidemic).
On balance, it is likely that the economy-wide effects of the energy shock, though unpleasant, will not derail growth.
The theory’s big idea is that if wages and prices are completely flexible, resources will be fully employed, so that any shock to the system will result in instantaneous adjustment of wages and prices to the new situation.
It is the shock, not the adjustments to it, that spreads throughout the system.
An economy hit by a shock does not maintain its buoyancy; rather, it becomes a leaky balloon.
Financial Secrets and LiesLONDON – In early April, a major exposé of financial secrecy sent shock waves around the world.
The first shock was intensified globalization, which brought a lot of new low-wage competition.
The second shock was EU integration, including the northern and southern enlargements.
The third shock was the euro, which has induced a rapid convergence of long-term interest rates, which in some countries had been five to seven percentage points above the German level.
The fourth shock was eastern EU enlargement, which has brought extraordinary chances for trade and investment in the east, but has also brought massive low-wage competition.
The fifth shock was German unification, which is a failure in economic terms.
Any shock – even a seemingly minor one – could cause it to boil over.
The result was predictable, despite US and Israel expressions of shock at recent developments.
When Populism Comes Home to RoostROME – Debates about the euro usually contain proposals for complex financial arrangements to build “resilience” against the next economic shock.
Yet the shock that we are currently witnessing is political.
This globalization process was interrupted during the late 1960s and early 1970s, owing to the Vietnam War, the suspension of the US dollar’s convertibility into gold, the 1973 oil price shock, and the great stagflation.
However, the shock of sudden Sunni disempowerment generated a discourse, widely shared in the Muslim world, in which the Shia are guilty of collusion in the US occupation of the country – a view reinforced by events in Syria.
The central bankers justify their concern about low inflation by arguing that a negative demand shock could shift their economies into a period of prolonged deflation, in which the overall price level declines year after year.
And this policy divergence suggests a second potential shock for which financial markets seem unprepared.
From a microeconomic perspective, a sudden exchange-rate shock and sharp increase in oil prices impedes firms’ ability to adjust their technology and production methods to meet new cost conditions, eventually undermining TFP growth.
Such a cost shock has a more prolonged effect than a negative demand shock.
The renminbi’s gradual yet sustained appreciation against the US dollar is the cost shock’s main driver, but the demand shock that followed the 2008 global financial crisis aggravated the situation.
In the short term, a cost shock devastates some economic activities, forcing companies either to shut down or move on to another line of business.
If it fails to take advantage of the opportunity provided by the cost shock and economic slowdown to implement the necessary structural reforms, China’s potential growth rate, as dictated by TFP, will never rebound fully.
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