More disturbing about the conjuncture is that the difficulty in generating strong growth seems as much structural as it does cyclical, suggesting that expansion will remain modest even if domestic policy is loosened and external conditions become more supportive. 但当前局势更加令人不安的是,强劲增长面临的阻力似乎既是结构性的,又是周期性的。这说明,即便国内政策得到放松、外部环境变得更为有利,增长也仍将是有限的。
With these economies at different stages of cyclical recovery, monetary policy stances are also in contrast. 由于这些经济体处于周期性复苏的不同阶段,它们的货币政策姿态也有所不同。
Global Economic Cyclical Adjustment and China's Open Policy 全球经济周期调整与中国对外开放政策
If we were at the beginning of an ordinary cyclical recovery, the combined fiscal and monetary policy response would be reasonable. 如果一场普通的周期性复苏已经拉开序幕,上述财政与货币政策的组合将是合理的。
The cyclical booms and busts that result damage the non-financial economy, and economic policy can counteract this. 由此造成的周期性盛衰会损害非金融经济,而经济政策能对抗这种风险。
In developing the cyclical economy, Chinese government will be responsible to provide policy and legislative support and to tailor its development program by shifting from a pure pursue of economic increase to a harmonious development of its economy, society and environment. 为发展循环经济,政府的职责是政策支持及推动立法,调整发展目标,从单纯追求经济增长转变为注重经济、社会、环境的协调发展。
Public policy cycle theory emphasizes policy cyclical, and suggests that an old policy if not with the times will eventually be the end of the history, and to be replaced by the new policy. 公共政策周期理论强调政策的周期性,认为一项旧政策的实施如果不能与时俱进,为了适应时代的发展而发生改变,它终将被历史所终结,被新的政策所取代。