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In the meantime, the corporate sector will only gradually take on more of the heavy lifting.
"We expect that the recovery will only gradually gain momentum and that economic activity will diminish slowly".
"We expect that the recovery will only gradually gain momentum and that economic slack will diminish slowly," he said.
So, he said, even exceptional prevention efforts will only gradually reduce the impact of the epidemic in Africa.
"That means not only that an economic turnaround is unlikely this year, but that the situation will only gradually return to normal next year".
Instead, it starts with last year's estimated level of capital gains realizations of $652 billion and projects that they will only gradually fall as a share of the economy, stabilizing at over $550 billion around mid-decade. "C.B.O. is assuming these extraordinary capital gains revenues are here to stay," Mr. Zandi said.
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In the Caymans, Narayana will inevitably have to pull apart this operating model, and a coherent replacement will emerge only gradually.
Aaron Fischer, an analyst with CLSA, a broker, predicts that gambling revenues in Macau will rise by 35% this year, 25% next year and 20% thereafter, while the supply of new tables will rise only gradually.
However, the Bank of England is stressing that interest rates will only rise gradually and to a limited extent," he said.
The MPC has already made it clear that the rates will only rise gradually, and settle around 2-32-3%ther than the pre-crisis norm of around of 5%.
But the Bank has said that when rates do rise it will only be gradually, and in the poll economists said they only saw rates reaching 1.5% by the end of 2015.
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