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Shock in sentence

1561 examples of Shock in a sentence

At the same time, if America's "shock therapy" approach to reconstruction--quick economic liberalization and privatization--is carried out, higher unemployment and greater resentment are likely to follow.
"Shock therapy" is a strategy that has repeatedly failed.
Today’s financial crisis has its immediate roots in 2001, amid the end of the Internet boom and the shock of the September 11 terrorist attacks.
Borrowing the credibility of an established monetary authority – especially one that issues a global reserve currency – would be tactically advantageous for a post-independence Scotland; but the new country would be exposed to the risk of an inflation shock and sterling crisis stemming from the Bank of England’s expansionary monetary policy.
Italy is perhaps the prime candidate to lead an exit from the eurozone, though a political shock could also arise in France, spurring it to negotiate with Germany the dissolution of the monetary union.
Not surprisingly, that collapse has been a massive shock to Saudi Arabia and the Gulf oil sheikhdoms, which rely on oil for some 85% of their revenues.
The war ended with Israeli forces 70 miles from Cairo, and less than 20 miles from Damascus, their success obscured by the shock of the surprise attack, emotional over-reactions, and the difficulty of seeing clearly through the fog of war.
If the eurozone economy were to face a severe shock today, it would be unprepared.
The second oil shock and high international interest rates, coupled with a lack of foreign investment, led to significant internal and external imbalances and high levels of foreign debt.
Last year, oil at $145 a barrel was a tipping point for the global economy, as it created a major income shock for the US, Europe, Japan, China, India, and other oil-importing economies.
The global economy, barely rising from its knees, could not withstand the contractionary shock if similar speculative forces were to drive oil rapidly towards $100 a barrel.
Similarly, the marked gains made by far-right political parties in the just-completed European Parliament election were no great shock.
The shock of ethnic wars contributed to the idea of using enlargement as a carrot to entice stragglers toward reform.
As a result, when the shock of 2008-2009 hit, every economy in the region either experienced a sharp slowdown or fell into outright recession.
After tumbling sharply in 2008-2009, the export share of emerging Asia is back up to its earlier high of around 44% of GDP – leaving the region just as exposed to an external-demand shock today as it was heading into the subprime crisis three years ago.
The recent data leave little doubt that Asia is now starting to feel the impact of the latest global shock.
Indeed, lack of detailed information on the Emirates’ finances was a central reason why the Dubai World default came as such a shock.
The optimists’ unreality is rivaled by that of supply-siders, who would apply shock therapy to China’s slumping state sector and immediately integrate the country’s underdeveloped capital markets into today’s turbulent global financial system.
For local planners, the export shock was a wake-up call for change.
Exports are an important part of the Chinese economy, and any global market fluctuation or external shock will certainly have an impact on overall growth.
Benazir Bhutto’s GambleAs the initial shock of the terrorist attacks against Pakistani opposition leader Benazir Bhutto fade, it is becoming clear that they were a political boon for her, triggering a wave of public sympathy that extends well beyond her local Sindh stronghold.
Of course, such a disorderly eurozone break-up would be as severe a shock as the collapse of Lehman Brothers in 2008, if not worse.
Based on new growth projections that are even more optimistic than those in the pre-Maria plan, the board assumes that the hurricane somehow provided a net positive shock to Puerto Rico.
As the violence of the social mobilizations and the level of discontent have grown, Bolivia's intellectuals and politicians remain in a state of shock, afraid of contradicting the masses.
The breakdown of cross-border bank lending thus represented a powerful negative shock for them.
Meanwhile, the steady rise in US interest rates is creating a third shock.
For many of them, it was a shock to learn that the CIA World Factbook ranks Thailand 12th in the world for income inequality.
Indeed, despite the magnitude of the initial shock, capital flows and risk margins had essentially normalized by 2009, when bond financing in Latin America began to surge, soon reaching triple the pre-2008 average.
The commodity-price collapse in 2014 caused Latin American risk spreads to grow, but only by 1.5 percentage points, which was about one-third the impact of the Lehman Brothers shock.
But while that is unpleasant, it is not disastrous, especially given that the decline in prices is partly a result of a supply – not demand – shock, in the form of very low oil prices.
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