Sentence examples for undercut growth from inspiring English sources

The United States Treasury secretary, Timothy F. Geithner, is among those who have questioned whether austerity drives by Germany and France could undercut growth.

While some political leaders and economists fear that austerity programs could undercut growth, others insist that even countries without dire budget problems should cut outlays.

But this might not, in itself, make the case for using distribution to attain that equality, they explain: "In particular, inequality may impede growth, at least in part, because it calls forth efforts to redistribute that themselves undercut growth.

The United States Treasury secretary, Timothy F. Geithner, who was scheduled to attend, was expected to urge European officials to act more aggressively to contain the sovereign debt crisis, which has already begun to undercut growth in Europe.

European leaders, who have benefited from a tenuous calm on financial markets in recent months, are likely to face additional pressure to ease the government austerity programs that have undercut growth in Southern Europe.

BEHIND THE NEWS The slump has now rippled far down a chain of causes and effects: The credit crisis dried up spending by American consumers, which undercut growth in China, whose manufacturers sell them goods; that, in turn, clobbered Taiwan, which depends heavily on trade with the once-booming mainland.

But the numbers could also signal that the sovereign debt crisis is undercutting growth outside the countries like Spain that are most directly affected.

The fund itself, however, warned that austerity could be self-defeating, undercutting growth without satisfying skittish investors in the credit markets.

But recession puts even more pressure on governments trying to contain deficits: tax receipts drop, spending on social benefits increases and the debt rises inexorably, unless governments slash spending further, which further undercuts growth.

Lagarde proposed a five-point plan to tackle the problem: accommodative monetary policy; the right pace of fiscal adjustment, "mindful of not undercutting growth but with solid and realistic plans to bring debt down over the medium term"; finishing the banking sector clean-up;  structural reforms to boost productivity and growth.

A shortage of credit would undercut economic growth at a time when countries like Romania are still recovering from the last crisis.