contractionary
kontraktif
definition
adjective
he imposed a contractionary fiscal policy in the form of a tax surcharge
causing or relating to the contraction of a country's economy.
example
The report has even argued that the government should enhance capital expenditures "in order to counter-balance the 'contractionary' effects of fiscal consolidation."
Government surpluses drain the private sector of net savings, a very 'contractionary' policy!
If you believe in stimulus, all stimulus plans are eventually 'contractionary' .
That pace may well be healthy enough to offset the 'contractionary' forces of the tech downturn, falling exports, and rising layoffs.
Macfarlane sounded an alarm, warning that the global slump would have a "significant 'contractionary' effect" on the Australian economy.
The IMF programs of stabilization based on fiscal austerity have also been too 'contractionary' .
Regressive distribution is also 'contractionary' , because wealthy individuals spend proportionally less of their incomes.
The shift in fiscal stance should have imparted a 'contractionary' bias to the economy, yet over the last four years the economy has prospered.
For the last 3 years that member and every member on the Opposition side of the House have attacked me for running too 'contractionary' a fiscal policy.
Elsewhere, Sumner points out that the Fed's policy of paying interest on reserves is 'contractionary' .
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