contractionary
2
8.2
- adjective
- /kənˈtrækʃənˌɛri/
- Specialized
:
contractivo
- The government's contractionary policies led to a significant decline in economic growth.
- contractionary monetary policy
Examples
-
In short, the immediate problem facing Europe is hardly overly generous welfare states; it is contractionary fiscal policies being pursued by European governments, in many cases against their will.
Blog text (26) -
The combination of a contracting economy and an artificially high contractionary monetary policy meant that one-third of the money in the US was destroyed in three years.
Blog text (4) -
Again, as a tax hike on the top 2%, it will have relatively little contractionary effect.
Blog text (14) -
So after the crash, the Fed kept on holding a contractionary stance for a long, long time.
Blog text (4) -
Voters generally are willing to bear the burden of a contractionary policy because the policy must be justified to them.
Blog text (17) -
The banking system was generating very contractionary monetary conditions.
Blog text (15) -
The first loan would last for three years, and the Indonesian government was expected to follow contractionary economic policies.
Academic text (2004) -
But can't the Fed offset any contractionary effect by cutting interest rates?
Blog text (12) -
The result was a contractionary jolt to a global economy that was already spiraling downward.
Academic text (2011) -
Financial market changes, regulatory changes, a conscious policy of disinflation, and a contractionary fiscal policy have produced a less severe recession than we experienced in the 1970s.
Academic text (1993)
Synonyms
Causes economic activity to become smaller, usually by policy
Antonyms
How Contractionary
- Specialized
2
8.2
- Specialized
7
7.3
- Specialized
5
7.1
218
3.6
3
7.0
Surface Forms
Morphology
contractionary = contraction (semi-transparent) = contract + ion + ary
The term 'contractionary' is derived from 'contraction', but its specific economic meaning might not be immediately clear to all learners.
Etymology
Contractionary comes from the parts con- ('together') and tract ('pull'), the same root you see in contract, which can mean 'to make smaller'. So a contractionary policy 'pulls' money and activity in, making the economy smaller.