Sentences with phrase «by global imbalances»

As is well known these high leverage levels were massively reinforced by global imbalances.
While some tell us that inflationary pressures are temporary and primarily due to bottlenecks in the energy sector, we have long argued that inflation in all commodity prices is not a temporary supply issue, but driven by the global imbalances.
I've argued now, for longer than I wish, that we are in a secular bear market driven by global imbalances.

Not exact matches

«True, there are encouraging signs of economic recovery in those advanced economies most affected by the global financial crisis which erupted in 2008... [but] the report finds that those economic improvements will not be sufficient to absorb the major labor market imbalances that built up in recent years.»
US Treasury Secretary Mnuchin complained about persistent trade surpluses and stated that «We urge the IMF to speak out more forcefully on the issue of external imbalances, including by providing clear policy recommendations for countries with large surpluses, in support of more balanced global growth.»
Posted by Andrew Jackson under balance of payments, global imbalances, international trade.
Posted by Arun DuBois under capitalism, economic crisis, economic growth, economic risk, free markets, GDP, global crisis, global imbalances, globalization.
Attempts to export its excess savings can only lead to one of three outcomes: A) global growth rises because Europe's savings are all directed at developing countries with significant infrastructure investment needs and insufficient capital, B) global growth drops sharply, global unemployment rises, and China's adjustment becomes all but impossible, C) international trade and capital flows collapse in a repeat of the 1930s, so that Europe is forced to resolve its savings imbalance either by a massive increase in unemployment or a wave of sovereign defaults.
Shifting (a nascent trend) from a global savings glut supported by lower commodity prices and toward narrowing global imbalances amid stronger global demand, which will depend to some extent on whether China can succeed in making the middle income transition.
Global Imbalances and U.S. Policy Responses: A Canadian Perspective, Canadian - American Committee 55, by Richard G. Lipsey and Murray G. Smith.
A final consideration is that the imbalances and inequities which are a characteristic of the global economy can not be corrected by unilateral actions but requires a concerted effort.
There is a threat to its Sovereign Bond rating be cut to junk status by global rating agencies as Brazil faces a tough fiscal imbalance.
The diminution, if not complete exclusion, of the feminine from our global culture is at the root of the precarious imbalance caused by independence, self - sufficiency, exploitation, domination, and so forth.
The researchers [3] quantified China's current contribution to global «radiative forcing» (the imbalance, of human origin, of our planet's radiation budget), by differentiating between the contributions of long - life greenhouse gases, the ozone and its precursors, as well as aerosols.
As mentioned in the introduction, the satellites which measure incoming and outgoing radiation at the top of Earth's atmosphere (TOA) can not measure the small planetary energy imbalance brought about by global warming.
Video: Coming Together: Building Pelvic Integrity - This practice protocol focuses on reducing asymmetrical torque in the SIJs caused by muscular imbalances, and progresses towards strengthening both core and global body tone and movement coordination to stabilize the pelvis and reduce SIJ joint translation.
He raised taxes at a time when the average family was near or in starvation mode, he confiscated all of the nation's privately - owned gold and then promptly devalued the dollar by 40 % (reducing the buying power of any saved dollars by almost half overnight), he raised bank reserve requirements numerous times (taking yet more cash out of the real economy so it could be hoarded in vaults), he actively supported a trade war with tariffs that created massive global imbalances (some would argue ushering in the rise to power of fascist regimes that would have had no chance in times of prosperity), and perhaps most damning, rather than plowing most of those raised tax dollars back into the stalled economy, he instead bought gold on the global markets for the government and sequestered it, keeping it from backing new dollars (monetary expansion, which most understand is required to turn a recession around) and instead further crushing the economy — and not just the US economy.
'' Global climate change results from a small yet persistent imbalance between the amount of sunlight absorbed by Earth and the thermal radiation emitted back to space1.
Because we understand the energy balance of our Earth, we also know that global warming is caused by greenhouse gases — which have caused the largest imbalance in the radiative energy budget over the last century.
Starting from an old equilbrium, a change in radiative forcing results in a radiative imbalance, which results in energy accumulation or depletion, which causes a temperature response that approahes equilibrium when the remaining imbalance approaches zero — thus the equilibrium climatic response, in the global - time average (for a time period long enough to characterize the climatic state, including externally imposed cycles (day, year) and internal variability), causes an opposite change in radiative fluxes (via Planck function)(plus convective fluxes, etc, where they occur) equal in magnitude to the sum of the (externally) imposed forcing plus any «forcings» caused by non-Planck feedbacks (in particular, climate - dependent changes in optical properties, + etc.).)
Do you imagine that the flow of warm water into the Arctic is not due to global radiative imbalance caused by CO2?
Normal weather also interferes by generating clouds that reflect the sunshine, and there are fluctuations in the global energy imbalance from month to month.
How can Wien's law require more energy - out be generated but the only source of energy for global warming (except the solar) is by reducing the energy - out to create an energy imbalance to create the radiative warming.
A new paper by Trenberth et al. (2014) notes that the amount of heat accumulating in the global climate (most of which is absorbed by the oceans) is generally consistent with the observed global energy imbalance.
A paper published in Nature Climate Change, Frame and Stone (2012), sought to evaluate the FAR temperature projection accuracy by using a simple climate model to simulate the warming from 1990 through 2010 based on observed GHG and other global heat imbalance changes.
The bottom line is that all available ocean heat content data show that the oceans and global climate continue to build up heat at a rapid pace, consistent with the global energy imbalance observed by satellites.
Humans have caused a large global energy imbalance by increasing the greenhouse effect.
A new paper by Trenberth et al. (2014) notes that the amount of heat accumulating in the global climate (most of which is absorbed by the oceans) is generally consistent with the observed global energy imbalance (see the previous post for further details).
While radiative imbalance is not felt and the action to reverse AGW is likely to be pushed into the future among bogus statements by deniers: «global warming has stopped in last xxx years», in an attempt to escape from the responsibility of their own actions.
First, the United States — the declining hegemonic power but still the leading driving force of the global capitalist economy — has been characterized by growing internal and external financial imbalances.
The reason global heat content is increasing is that there is a global energy imbalance caused primarily by the anthropogenic greenhouse gas forcing.
It is argued by the whalers that growing whale populations will lead to an imbalance in the marine ecosystem, and that by distorting the marine food chain, recovering populations of whales will threaten global food security.
Arguing that the warming is caused by a «climate shift» ignores the physical reality that this forcing and energy imbalance must result in global warming.
This is because global warming is caused by a global energy imbalance - something causing the Earth to retain more heat, such as an increase in solar radiation reaching the surface, or an increased greenhouse effect.
1) Basic physics - human fossil fuel combustion has increased the greenhouse effect, causing a global energy imbalance, which the planet responds to by warming.
Over the past several centuries, human greenhouse gas emissions have caused by far the largest radiative forcing (energy imbalance), and thus must be the driver of any observed long - term global warming.
For starters, a long - term increase in the average global temperature must be caused by a global energy imbalance - an external radiative forcing.
If Earth's mean energy imbalance today is +0.5 W / m2, CO2 must be reduced from the current level of 395 ppm (global - mean annual - mean in mid-2013) to about 360 ppm to increase Earth's heat radiation to space by 0.5 W / m2 and restore energy balance.
TCS as measured by tropospheric sensible heat as a way to evaluate global warming as a way to measure climate change as a way to measure the energy imbalance caused by increasing anthropogenic greenhouse gases is a very poor and round - about way of measuring.
The method is somewhat circular, since forcing for each model is calculated each year as the product of its estimated climate feedback parameter and its simulated global warming, adjusted by the change in its radiative imbalance (heat uptake).
Each model's climate feedback parameter is derived by regressing the model's radiative imbalance response against its global temperature response over the 150 years following an abrupt quadrupling of CO2 concentration.
The question then becomes one of how much the TOA imbalance may vary by natural climate change and how long it takes the TOA imbalace to be evenly distributed across most of the volume of the global ocean.
The term «radiative forcing» refers to a global energy imbalance on Earth, which may be caused by various effects like changes in the greenhouse effect or solar activity.
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