Shocks
in sentence
1003 examples of Shocks in a sentence
Dubai’s reliance on foreign labor thus threatens its long-term economic capacity to withstand future
shocks.
But, given limited interregional transfers and labor mobility, this means that the continent has far less ability to absorb disparate
shocks
through the operation of so-called automatic stabilizers.
Extremists kill innocent people in order to dramatize their message in a way that
shocks
and horrifies their intended audience.
The alarm bells should be ringing loud and clear across Asia – an export-led region that cannot afford to ignore repeated
shocks
to its two largest sources of external demand.
Indeed, both of these
shocks
will have long-lasting repercussions.
If anything, Asia’s vulnerability to external
shocks
has intensified.
China – long the engine of the all-powerful Asian growth machine – typifies Asia’s potential vulnerability to such
shocks
from the developed economies.
As was true three years ago, many hope for an Asian “decoupling” – that this high-flying region will be immune to global
shocks.
Japan also suffered a number of severe productivity shocks, which had much to do with its longer-term problems.
But it also includes physical resilience and the ability to withstand
shocks.
But, again, the risk stems less from unpredictable
shocks
than from the slow erosion of institutions that investors trust to make an uncertain world more predictable.
Greece and Italy were the two economies carrying the highest debt burdens at the outset of the crisis (109% and 102% of GDP, respectively), leaving them poorly positioned to cope with major adverse
shocks.
Unless these studies are done, poor countries might find themselves continuing victims of worsening climatic shocks, such as severe hurricanes, droughts, and flooding, without realizing that the events are not accidental, but the result of long-term patterns of global energy use.
Created by oil consumers in the 1970’s in response to the OPEC price
shocks
and the embargoes by Arab oil exporters, the IEA has succeeded in establishing and supervising a system of national oil stockpiles, which has helped to prevent a recurrence.
Regulators now suppose that the European banking sector is resilient to adverse
shocks.
The system-wide impact of national
shocks
is less severe when cross-border debt is low.
But, with current-account surpluses, renationalization of banking, by limiting the international transmission of financial shocks, can be a stabilizing force.
Under full renationalization, Italian investors would sell their foreign assets and acquire domestic bonds, which would insulate Italy from financial
shocks
abroad and lower the interest-rate burden for the economy as a whole.
With a full banking union, cross-border lending should resume and remain stable, as common institutions would absorb national
shocks.
The eurozone thus risks becoming stuck in an unstable status quo, with banks’ cross-border claims large enough to transmit national
shocks
to the entire system, but financial integration not deep enough to ensure that capital flows freely throughout the currency area.
He famously induced people from a variety of social classes and occupations to administer what they thought were increasingly harsh electrical
shocks
to a helpless victim (played by an actor) sitting in an adjoining room, and his findings have since been replicated around the world.
Equally important, they will create the buffers needed to offset external
shocks
and, as in emerging Asia and Latin America, to implement countercyclical policies that contain the extent and costs of future systemic crises.
Beyond domestic politics, the international order has experienced several
shocks
in recent years, profoundly changing the global context for US-China relations.
But, unlike in the past, crumbling pension systems can no longer absorb such labor-market
shocks.
The
shocks
that have occurred since then have had an even smaller impact on financial flows.
Yet the longest interruption in bond financing brought about by these
shocks
– which took place during the second half of 2015 – lasted just six months.
Whether Latin America can continue to avoid sudden stops in the face of new
shocks
depends on whether these conditions persist.
China has several sources of strength that have enabled it to withstand the tough external
shocks
of the last four years.
Since then, many of China’s inherent strengths have been sapped by all-too-frequent external
shocks.
The strategic
shocks
of recent years have left deep and lasting wounds, and pushed Europe into new and uncharted waters.
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