Definition of contractionary in English:

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contractionary

Pronunciation: /kənˈtrakʃ(ə)n(ə)ri/

adjective

Causing or relating to the contraction of a country’s economy: he imposed a contractionary fiscal policy in the form of a tax surcharge the contractionary effects of higher interest rates
More example sentences
  • Government surpluses drain the private sector of net savings, a very contractionary policy!
  • The IMF programs of stabilization based on fiscal austerity have also been too contractionary.
  • The ILO attributes the jobs crisis to the social effects of contractionary economic policies.

For editors and proofreaders

Line breaks: con|trac¦tion|ary

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