Hot money is notoriously unstable and even more notoriously procyclical.
热钱素有不稳定的恶名，名声更差的是其顺周期性。
Some suggest replacing corporate and sovereign ratings with credit-default-swap prices, but these too can be procyclical.
一些人提议用信用违约互换的价格来替代公司和主权信用评级，但其同样也会扩大经济波动。
It is found that TFP growth rate increases by degrees generally but fluctuates markedly and shows the procyclical characteristic.
结果发现，我国全要素生产率总体上是递增的，但波动剧烈且呈现顺周期的特征。
But such downturns are more severe in countries with the Anglo-Saxon sort of financial system, because their lending is more procyclical.
不过对于那些拥有英美式金融体系的国家来说，这种下滑会更加严重，因为他们的信贷行为更加具有顺周期的性质。
International regulations on the capital adequacy of Banks do exist, but they tend to be procyclical too, requiring lenders to raise more capital only when the problems have already occurred.
对银行资本充足性的国际管制是存在的，但它们也趋向于促进经济循环[9]，只要求银行在问题发生后才收融更多的资本。
International regulations on the capital adequacy of Banks do exist, but they tend to be procyclical too, requiring lenders to raise more capital only when the problems have already occurred.
对银行资本充足性的国际管制是存在的，但它们也趋向于促进经济循环[9]，只要求银行在问题发生后才收融更多的资本。
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