| 词汇 | example_english_devaluation |
| 释义 | Examples of devaluationThese examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. This too was in marked contrast to the conduct of planning before the devaluation. There had been fears earlier in the year of a franc devaluation and of its likely sideeffects on sterling. Optimistic (pessimistic) expectations involve a second-period equilibrium characterized by a low (high) probability of devaluation, which in turn validates the expectations. With net foreign currency liabilities, devaluations erode net worth. This addition would, however, make steady states (in the ensuing analyses) sensitive to permanent changes in the rate of devaluation or expansion of money supply. The problem of managing sterling was actually greater in the period after devaluation than it had ever been before. His conclusion was that devaluation was the solution, which went very much against the politics of the time - previous governments had tried to prevent devaluation. This, in turn, caused the devaluation of the peso in the black market, aggravating inequities between those with access to dollars and those without. The alternative of each country establishing its own regulation could give rise to problems akin to competitive devaluations. However, the devaluation greatly stimulated timber exports, which led to greater forest degradation. A switch to an outward-oriented strategy, based upon the export of labor-intensive manufactured goods, would have required devaluations so extreme as to be politically impossible. The orthodox gold supporters attained a resumption of convertibility, but the voices for employment and against deflation attained a significant devaluation from the pre-war parity. It hesitated to reduce interest rates after devaluation for fear of fuelling in-ation. As inflation accelerated towards the end of 1947, however, persistent devaluation came to be blamed for contributing to adverse expectations and price instability. The fiscal deficit kept interest rates high, inducing capital inflows that nearly offset the initial devaluation. This does not mean, however, that devaluation per se was avoidable. The subjective devaluation probabilities influence the inflation expectations, which, in turn, affect the next-period wage level and unemployment. Postwar governments relied upon monetary inflation, devaluation and administered credit to sustain growth and guarantee social peace. The devaluation of theories of aging and why this trend should be reversed. During the discussions of this hastily convened group, the only course of action that was not advocated by anyone was a second fixed-rate devaluation. There is one advantage to be derived from devaluations. Through having early-stage dementia, they experienced social exclusion and devaluation. The pillared policy measures were devaluation, public works, and cutting wages, respectively. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
反思网英语在线翻译词典收录了377474条英语词汇在线翻译词条，基本涵盖了全部常用英语词汇的中英文双语翻译及用法，是英语学习的有利工具。