At a macroeconomic level, however, rising export volumes will help to prop up output and jobs.
"The idea is to build value into the chain all the way up to the macroeconomic level".
"It has to avoid being a heavy hand at the macroeconomic level, at slowing down the engine of the economy," Mr. Tharoor said.
"Up until recently, the strong dollar has been desirable at the broad macroeconomic level for the U.S. economy and the global economy," he said.
On a macroeconomic level there are countries like Zimbabwe and Ecuador where American dollars circulate instead of a domestic currency.Sadly, neither of these currency options help Greece.
And, at the macroeconomic level, the results have been pretty good: growth was healthy last year and EU countries created 3m jobs.
At a macroeconomic level they would boost, rather than reduce, economic growth.Lighting, for instance, accounts for some 19% of the world's electricity use.
Instead, their cause has met with unexpected sympathy, because it has brought to the fore some of the apparent contradictions in America's success story.On a macroeconomic level, America is almost picture-perfect.
"What we are seeing is the ability to have economies form around the data and that to me is the big change at a societal and even macroeconomic level," says Craig Mundie, head of research and strategy at Microsoft.
"We expect that 2016 will be another year of intense pressure at a macroeconomic level, in addition to sales remaining under strain from price deflation, a continued competitive background throughout the sector, and radically changing customer shopping habits".
