Shortfall
in sentence
271 examples of Shortfall in a sentence
And in Australia alone, we have a
shortfall
of 250,000 dwellings.
We need to create economies that tackle this
shortfall
and overshoot together, by design.
Why on earth would we draw down our 401(k) plan to cover the
shortfall
on our mother-in-law's nursing home care, or to pay for our kid's tuition, or just to survive?
Blue indicates a labor surplus, red indicates a labor shortfall, and gray are those countries which are borderline.
Though investment in public health increased significantly after 2000, leading to notable successes in the fights against AIDS, tuberculosis, and malaria, there has recently been a marked
shortfall
in global spending on public health relative to need.
This led to excessive debt creation, financial crisis, and now a chronic aggregate-demand shortfall, with households, companies, and governments all seeking to reduce their debt.
The most likely explanation for this public investment
shortfall
is fiscal constraints.
A
shortfall
in non-tradable demand inevitably limits growth on that side of the economy.
Given the growth patterns across advanced and developing countries prior to the crisis, and then the large negative shock, it is likely that there is a
shortfall
of tradable global aggregate demand, impeding an important component of global growth.
Focusing on one (say, the competitiveness problem in the tradable sector) to the exclusion of the other (perhaps a serious non-tradable demand
shortfall
or stagnant absolute productivity) will not be enough.
Steeped in denial, the Federal Reserve is treating the disease as a cyclical problem – deploying the full force of monetary accommodation to compensate for what it believes to be a temporary
shortfall
in aggregate demand.
In other words, Americans have much farther to go on the road to balance-sheet repair – which hardly suggests a temporary, or cyclical,
shortfall
in consumer demand.
With America’s saving
shortfall
now worsening in the aftermath of last year’s poorly timed tax cuts, the US will only become more reliant on surplus savers like China to fill the void.
Yet the evidence points elsewhere: to a dramatic
shortfall
of domestic saving that leaves America dependent on surplus saving from abroad to fill the gap.
Such an outcome would have three profound implications for the economic outlook: First, since consumer demand still accounts for 71% of real GDP, a protracted
shortfall
in trend consumption represents a major headwind for overall US economic growth.
Indeed, a CBO rule of thumb equates a sustained one-percentage-point
shortfall
in real GDP growth with budget deficits that are roughly $3 trillion larger over a ten-year period.
Finally, no other economy is capable of filling the void left by a protracted
shortfall
of US consumption.
To appreciate fully the unique character of this consumer-demand shortfall, trends over the past 21 quarters need to be broken down into two distinct sub-periods.
The government has had to borrow abroad massively to cover the
shortfall.
The implication is clear: The banks’ capital
shortfall
will be understated, and the amount of new capital they will be required to raise will be inadequate.
And, given the current
shortfall
of 200 million jobs, the total rises to 600 million.
And, in fact, Pakistan needs to build about a half-dozen such plants – in addition to the two already being built by the Chinese near Karachi – to address its energy shortfall, which amounts to an estimated 5,000 megawatts annually.
Thus, higher German spending will not offset the impact of additional austerity in the periphery or the significant
shortfall
expected for the three-year, €300 billion ($325 billion) investment plan unveiled by European Commission President Jean-Claude Juncker.
Even if we project a relatively rapid economic recovery, by the time this lesser depression is over, the US will have experienced an investment
shortfall
of at least $4 trillion.
Until that investment
shortfall
is made up, the missing capital will serve to depress the level of real GDP in the US by two full percentage points.
After the Great Depression of the 1930’s, the vast wave of investment in industrial capacity during World War II made up the
shortfall
of the lost decade.
Deposits have left, and the austerity policies demanded by Germany are prolonging the aggregate-demand
shortfall
and sustaining high unemployment.
When the dust settled, it turned out that American, Dutch, and other importers all suffered roughly the same degree of
shortfall
and paid the same damaging high price.
One problem is that, while the infrastructure-investment
shortfall
is a global challenge, the solutions are mostly local.
Indeed, the post-crisis
shortfall
in domestic demand is causing stubbornly high unemployment, even as the economy recovers some of its growth momentum.
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