It is possible, he says, for such plans to boost growth via an "expansionary fiscal contraction".
他说道,通过“扩张性的财政紧缩”可能可以刺激增长。
If, in addition, everyone else is cutting, the effect of a fiscal contraction is further magnified.
而且,如果每个国家都采取紧缩的政策,那么紧缩效应将会被放大。
In fact, they reckon that a fiscal contraction worth 1% of GDP typically cuts output by about 0.5% after two years.
实际上,他们指出,每进行价值于GDP1 %的财政紧缩,两年后产出就会缩减0.5%。
On its definition of deficit-cutting, the fund finds that fiscal contraction tends to reduce GDP and increase unemployment.
从他们的定义出发,IMF发现财政紧缩易于减少GDP,并使失业增加。
Using this method, the IMF reckons that on average a rich country attempted a fiscal contraction of more than 1.5% of GDP about once a decade.
通过运用这种方法,IMF认为,平均来说,一个发达国家大约每十年尝试一次数额占GDP的1.5%以上的财政紧缩。
I don't want to minimize those problems; some countries, such as Ireland, are being forced into fiscal contraction even in the face of severe recession.
我不想尽量低估这些问题,有些国家,如爱尔兰,即使在面临严重的经济衰退时也被迫实行财政紧缩。
By taking decisions today that lead to fiscal consolidation over a longer horizon, policymakers can avoid a sudden fiscal contraction that could put the recovery at risk.
今天,我们做出有利于长期财政整顿的决策,政策制定者就能避免一场突发的、可能危及经济复苏的财政紧缩。
Using this method, the IMF reckons that on average a rich country attempted a fiscal contraction of more than 1.5% of GDP about once a decade. (There were also many smaller consolidations;
通过运用这种方法,IMF认为,平均来说,一个发达国家大约每十年尝试一次数额占GDP的1.5%以上的财政紧缩。
Fiscal stimulus is among the weakest tools available to counteract a contraction.
财政刺激是在可以抵制收缩的所有工具当中最脆弱的。
Following an estimated GNP contraction of 2% in the 2007/08 fiscal year, the Economist Intelligence Unit estimates the economy will contract by another 3% in 2008/09.
据估计,波多黎各GNP在07-08财年下滑了2%,据经济学人信息部估计,08-09财年该国GNP将在07-08财年基础上再度缩水3%。
Following an estimated GNP contraction of 2% in the 2007/08 fiscal year, the Economist Intelligence Unit estimates the economy will contract by another 3% in 2008/09.
据估计,波多黎各GNP在07-08财年下滑了2%,据经济学人信息部估计,08-09财年该国GNP将在07-08财年基础上再度缩水3%。
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