Then, the paper analyzes the concrete reasons and the effects on economy of exchange rate misalignment.

然后，本文结合我国的国情和模型参数分析了汇率失调的具体原因。

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Tourism has a profound impact both on the world economy and, because of the educative effect of travel and the effects on employment, on society itself.

旅游业不仅对世界经济产生了深远的影响，而且由于旅游的教育作用和对就业的影响，也对社会本身产生了深远的影响。

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A fifth year of drought is expected to have dramatic effects on the California economy.

预计连续干旱的第五个年头将对加利福尼亚州的经济产生引人注目的影响。

《柯林斯英汉双解大词典》

Its effects on the economy, by encouraging borrowing and investment, can thus be enduring.

ECONOMIST: Assets and their liabilities

On balance, considering effects on the economy, the main source must be the consumption tax.

FORBES: Of Numbers and Choices

Is there a difference between the two in terms of ultimate negative effects on the economy.

FORBES: Fed Levitating Bond Prices Same Way Zero Percent Down Levitated Home Prices