| In some cases, a solid industrial base helped economies to escape the dilemma of either chronic disequilibria or contractive deleveraging. |
| On the contrary, the maintenance of the strong dollar policy fostered a new set of disequilibria. |
| But the repudiation of a dollar devaluation policy was subsequently pushed to an opposite extreme, thereby fostering a new set of disequilibria. |
| Financial flow imbalances, if allowed to persist, lead to stock disequilibria on balance sheets. |
| A temporarily high price also serves the function of signaling other entrepreneurs and capitalists about market disequilibria. |
| They can obtain resources to finance cyclical downturns and balance-of-payments disequilibria, thus allowing them to smooth out consumption. |
