contractionary
संकुचनकारी
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 shift in fiscal stance should have imparted a 'contractionary' bias to the economy, yet over the last four years the economy has prospered.
If you believe in stimulus, all stimulus plans are eventually 'contractionary' .
The report has even argued that the government should enhance capital expenditures "in order to counter-balance the 'contractionary' effects of fiscal consolidation."
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' .
That pace may well be healthy enough to offset the 'contractionary' forces of the tech downturn, falling exports, and rising layoffs.
Regressive distribution is also 'contractionary' , because wealthy individuals spend proportionally less of their incomes.
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' .
Government surpluses drain the private sector of net savings, a very 'contractionary' policy!
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