Shortfall
in sentence
271 examples of Shortfall in a sentence
In effect, China is fostering new imbalances at a time when countries are struggling with the demand
shortfall
caused by the financial crisis.
While still committed to urbanization and services development, China has elected to draw on a new external source of growth to compensate for a
shortfall
of internal demand.
That approach might have worked had the US economy been afflicted by a cyclical disease – a temporary
shortfall
of aggregate demand.
To avoid the
shortfall
in aggregate demand that might arise from an abrupt surge in saving, these measures should be phased in over a period of 3-5 years.
Yet, despite this spending shortfall, Putin seems obsessed with making pointless and provocative gestures, such as resuming long-range nuclear bomber flights off the American coast.
To understand the precise problem, you must dip into the latest details of the Prudential Regulatory Authority’s “capital
shortfall
exercise” with eight major UK banks.
Mistaking a solvency problem for a liquidity shortfall, Europe has become hooked on the drip feed of bailouts.
Making matters worse, there is an even greater
shortfall
of specialists equipped to treat chronic diseases such as diabetes, which is spreading rapidly through the developing world, owing to changing diets and habits.
Without bubble-supported consumption, there would have been a massive
shortfall
in aggregate demand.
And yet the German government estimates that the country will face a
shortfall
of two million skilled workers by 2020.
When faced with a
shortfall
of demand – whether owing to an external shock or to an internal adjustment, such as the housing-market correction – China can tweak its urbanization-led investment requirements accordingly.
The same studies project a $39 billion annual
shortfall
in efforts to attain the 2030 education SDGs.
For starters, illicit financial flows deprive governments of tax revenues to fund health care, education, and other vital public services – either leaving the neediest without help, or forcing law-abiding taxpayers to cover the
shortfall.
There is still time to address the financing shortfall, but only if new investment strategies are embraced with vigor.
The US gained by turning to China for low-cost goods that helped income-constrained consumers make ends meet; it also imported surplus savings from China to fill the void of an unprecedented
shortfall
of domestic saving, with the deficit-prone US drawing freely on China’s voracious appetite for Treasury securities.
Mounting imbalances in the US were the mirror image of those in China – a massive
shortfall
of domestic saving, unprecedented current-account deficits, excess debt, and an asset-dependent economy that was ultimately built on speculative quicksand.
China counters by underscoring America’s saving
shortfall
– a gap that must be plugged by surplus saving from abroad, a current-account deficit, and a multilateral trade imbalance with more than 100 countries.
Today, we face a nominal demand
shortfall
of 8% relative to the pre-recession trend, no signs of gathering inflation, and unemployment rates in the North Atlantic region that are at least three percentage points higher than any credible estimate of the sustainable rate.
The decline in housing construction has added to the current
shortfall
in aggregate demand.
So the US economy faces a $750 billion
shortfall
of demand.
The stimulus package would thus fill less than half of the hole in GDP caused by the decline in household wealth and housing construction, with the remaining demand
shortfall
of $450 billion in each of the next two years causing serious second-round effects.
This is just part of the overall infrastructure investment shortfall, which stands at $1 trillion annually – far more than what governments can afford.
Given the long lead time for bringing new projects onstream, efforts to address the coming
shortfall
must begin today.
If one includes normal growth of the labor force, the employment
shortfall
today relative to what it would have been had the 1990's boom continued amounts to 4.7 million jobs.
The bulk of the
shortfall
is due to less intensive use of labor: employment rates for women and for the oldest and youngest age groups are lower in the euro area than in the US, working hours are far fewer, and, least significantly, unemployment rates are higher.
While the Council eventually agreed to cover the difference in the 2012 budget, an even greater
shortfall
is forecast for this year – and many member states are unable to oblige the Commission’s request for an additional €11.2 billion to cover these outstanding liabilities.
It projects an investment
shortfall
of about 50% based on current funding levels.
The net effect will be a construction
shortfall
in the US of at least $1.7 trillion.
But, even though we can see the magnitude of the construction
shortfall
and understand how large it will be when recovery is complete, that does not help right now.
The US is running external deficits because of a national savings shortfall, which once reflected spendthrift households but now is the fault of a feckless government.
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