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What was your biggest contribution or proudest achievement? A. Affecting monetary policy in some ways; getting the contemporaneous reserve requirements established; moving away from such strict adherence to the money supply as the only indicator of the future of the economy; focusing the Federal Open Market Committee's attention on the weak sectors of the economy.
But they turn into a significant social problem because they destroy properties and livelihoods of the weak sectors of society and deepen their incapability to adapt, thereby perpetuating vulnerability and poverty (Velásquez et al. 2014).
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The official, Joaquín Almunia, commissioner for economic and monetary affairs, said higher inflation was emerging as "a big punishment to the weakest sectors of society" eating away at the purchasing power of consumers who are struggling with stagnant incomes.
Ludendorff's main attack was to be on the weakest sector of the Allies' front, the 47 miles between Arras and La Fère (on the Oise).
Under the overall command of the reinstated Rundstedt, this attack was to be delivered through the wooded hill country of the Ardennes against the weakest sector of the U.S.-manned front, between Monschau (southwest of Aachen) and Echternach (northwest of Trier).
"Such a programme would inject demand into the weakest sector of our economy - construction - and, at one remove, the manufacturing supply chain (cement, steel).
This shock could create downward momentum, a real recession, not just the economist's definition of a recession, but a self-reinforcing organic kind of downward momentum with the weak sectors spilling over into other weak sectors.
Mr. Paulson said the crisis, which began in a weak sector, spread to stronger sectors because of the "unstructured nature of capital markets," the "dramatic increase" in private pools of capital beyond the reach of regulators, and the complexity of the derivatives and other products they invest in or trade.
Despite weak sector sentiment, the upside to our unchanged target price [of 825p] is starting to look more compelling.
In addition to job gains in several industries, he said, "the rate of layoffs is slowing, even in some of the weaker sectors".
One of the weakest sectors was manufacturing.
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