1.   It also meant allowing money supply to contract, or grow less rapidly, when deflationary fiscal policies were pursued.

2.   The credibility of the plan was undermined by its increasing unrealism, the clear political motivation behind its projections and the resort by governments to orthodox deflationary policies.

3.   It was also partly in response to the effects of overaccumulation that deflationary policies led to decreased capacity utilization in the United States.

4.   And when the external account did pose a problem, governments often devalued rather than pursuing deflationary policies to the extent that would have been necessary.

5.   The government could have clamped down at an early stage with tough deflationary policies.

6.   But she always served in governments buffeted by industrial unrest and unending currency crises, which forced them into deflationary policies she could never accept.

7.   Now it has grudgingly conceded that deflationary monetary policy is, you guessed it, deflationary, and has reversed course.

8.   He called on the German government, instead, to pursue a more deflationary spending policy and for moderate growth in wage increases.

9.   Instead, according to Shimada, Courtis and Dornbusch, Japan is determined to follow a deflationary fiscal policy.