紧随战争的是多年的经济紧缩。
一些国家紧缩货币政策以避免通货膨胀。
国防规划人员们预计，开支紧缩期会延长。
Defence planners predict an extended period of retrenchment.
此后不久，国防开支的削减迫使航空航天业紧缩开支。
Shortly afterwards, cuts in defence spending forced the aerospace industry to retrench.
冰岛是第一个在信贷紧缩中破产的国家。
Iceland, the first nation to go bankrupt in the credit crunch.
由于面临严重的预算紧缩，许多州大幅削减了对高等教育的资助。
Caught in a severe budget crunch, many states have sharply scaled back their funding for higher education.
在遏制通胀方面，印度处于下风，在实施新其它几轮紧缩政策方面，印度倾向于选择“观望”的方式。
India continues to lag in its bout with taming inflation, opting instead for the "wait and see" approach concerning implementing other rounds of tightening.
这个建议现在比以往任何时候都更有意义，尽管目前住房紧缩，现在有更多的父母希望听取他们孩子的想法。
This advice is more relevant now than ever before, even as more parents want to embrace the ideas of their children, despite the current housing crunch.
在未来的几年里，那些紧缩成本、注重债务、注重现金流且高度关注客户需求的企业将会迎来其商业鼎盛期。
In the next couple of years, the businesses that thrive will be those that are tight with costs, careful of debt, cautious with cash flow and extremely attentive to what customers want.
然而，一些政府的决策者坚持认为，在不采取紧缩的货币和财政政策的情况下，直接控制工资和价格能够成功地降低通胀。
Nevertheless, some governments' policymakers insist that direct controls on wages and prices, without tight monetary and fiscal policies, can succeed in decreasing inflation.
在20世纪20年代，欧洲国家开始从第一次世界大战中恢复过来，并制定紧缩计划减少进口，对美国农产品的需求下降了。
In the 1920s demand for American farm products fell, as European countries began to recover from World War I and instituted austerity programs to reduce their imports.
大公司不得不紧缩，小企业则被迫关闭。
Just as large companies are having to cut back, so small businesses are being forced to close.
人们感到钱袋紧缩，对未来缺少安全感。
People feel pinched in their pocketbooks and insecure about their futures.
财政紧缩时期显然要对公共支出进行严格审查。
In times of financial stringency it is clear that public expenditure has to be closely scrutinized.
20世纪90年代是一段通货紧缩期，当时各公司大大丧失了他们的提价能力。
The 1990s was a period of disinflation, when companies lost much of their power to raise prices.
我们已经进入厉行紧缩的时代。
投资人和评论员开始谈论信用紧缩。
Investors and commentators began talking about a credit crunch.
你更担心通货膨胀还是通货紧缩？
希腊人民将会始终与紧缩共生存。
All the while, the Greek people would be living with austerity.
2011年是否将成为紧缩之年？
没人认为通货紧缩本身是可取的。
通货紧缩也比通货膨胀难以应付。
通货紧缩风险要远比想象中低。
公共紧缩和透明化均是宣言中的口号。
Public austerity and transparency are the watchwords in the manifesto.
但防止紧缩的有用工具是极其有限的。
But its practical tools for preventing deflation are limited.
紧缩配额能够刺激价格上涨。
紧缩的力度也不能过分夸大。
日本的真正缺陷是高额债务和通货紧缩。
几个月后，信贷紧缩爆发。
贷款紧缩使得情况更糟。
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