Sentences with phrase «contractionary as»

Not exact matches

At that point, they move their money out of retail and into more stable sectors, such as utilities, which hold their value better during the contractionary phase.

As a result, fiscal policy became contractionary just when it needed to be expansionary.

Using the change in the underlying cash balance between financial years as an approximate indicator of the fiscal impact, the Commonwealth Budget is expected to add to growth by around 1/4 per cent of GDP this financial year, compared with a contractionary effect of around 3/4 per cent in 2002/03 (Graph 32).

If this occurred, it would have an additional contractionary effect on the export sector, as well as further dampening inflation.

As noted above, the contractionary impulse arising from the Asian crisis has occurred in two stages — an initial, rapid contraction in the economies first affected by the regional financial instability, and a more delayed slowing of other economies in the region.

At that point, they move their money out of retail and into more stable sectors, such as utilities, which hold their value better during the contractionary phase.