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Deficit in sentence

2808 examples of Deficit in a sentence

Then the imbalance shifted, and China registered a $60 million trade surplus with the US, which accounted for 0.3% of the total US external deficit.
In 2016, however, the US trade deficit with China amounted to $347 billion, accounting for 44% of its total deficit.
At the same time, the US fiscal deficit has increased dramatically, owing especially to debt-financed US military intervention in the Middle East and elsewhere.
Because the dollar is no longer pegged to gold and is an international reserve currency, the US can sustain its trade deficit by printing more dollars to support imports.
Starting from the 1950s and 1960s, the US began importing these products from East Asia and registered a trade deficit with the region.
However, while China’s trade surplus with the US rapidly increased, the contribution of the East Asian region to the US trade deficit declined.
As the ratio of its trade deficit with China to its total trade deficit rose to more than 40% from 0.3%, the ratio of its trade deficit with East Asia to its total trade deficit dropped to about 50%, from more than 100% in the early 1990s.
In other words, East Asia, including China, is not the main cause of the rapid expansion of the US trade deficit.
However, because prices of goods from these economies are higher, a shift in US imports would cut the bilateral deficit with China, but cause its deficits with these countries to rise.
France has unilaterally chosen to ignore the Stability and Growth Pact by running a predicted deficit well above the 3% of GDP limit.
The US is a net debtor with an aging population, unfunded entitlement spending on social security and health care, an anemic economic recovery, and risks of continued monetization of the fiscal deficit.
Monetizing the fiscal deficits would then become the path of least resistance: running the printing presses is much easier than politically painful deficit reduction.
The post-crisis fiscal-stimulus packages sent the government budget deficit soaring from what had been a very responsible level in 2007-2008.
Ironically, had they bought Apple shares, rather than a commodity (no matter how fungible, liquid, and investible it is), their purchases would have been treated as a foreign investment rather than as imports that add to the external deficit.
The immediate tasks are more mundane, but they are also more feasible: clearing projects, reducing poorly targeted subsidies, and finding more ways to narrow the current-account deficit and ease its financing.
For example, the external deficit is narrowing sharply on the back of higher exports and lower imports.
India’s foreign-exchange reserves stand at $278 billion (about 15% of GDP), enough to finance the entire current-account deficit for several years.
The hope was that longer-term capital flows would finance the widening current-account deficit, which exceeded 8% of GDP at the time, mitigating the risk of a sudden stop in external financing.
The economic crash in the United Kingdom is at least as severe as in America, forcing the government to rely almost entirely on deficit spending to prevent a complete meltdown of its financial system.
If Merkel opts for substantial deficit spending now , she will lose support, which is already fading fast because of increased state debt, nationalization, stimulus programs, etc.
The real reason why central-bank independence tends to create a democratic deficit under a multi-target monetary-policy regime, and why it has become increasingly vulnerable, is that the two main arguments in favor of it no longer apply.
Nonetheless, as lower oil prices and economic contraction undermine budget revenues, the deficit will increase from 0.5% to 3.7% of GDP.
As a result, the Russian government’s only option for financing its deficit is to tap its reserve fund, which is meant to cushion the economy against shocks.
With the fund amounting to only about 6% of GDP, Russia can maintain a 3.7% deficit for less than two years before it either has to withdraw from Ukraine to gain relief from Western sanctions, or undertake a major – and, for Putin, politically dangerous – fiscal adjustment.
And its intensifying political crisis – impeachment proceedings have now been initiated against President Dilma Rousseff for allegedly using irregular accounting maneuvers to disguise the size of the budget deficit – is raising serious questions about who can provide the much-needed treatment.
Output is contracting; fiscal revenues are faltering; and the budget deficit exceeds 9% of GDP.
The Commission now has until the end of this month to determine whether France has pursued reform diligently enough to avoid penalties for breaking its pledge to cut its budget deficit to less than 3% of GDP by next year.
Unfortunately, government borrowing to finance its deficit over the rest of this decade is projected to absorb about 5% of GDP.
They will agree with the parrots that falling inflation showed that the macroeconomic problem was insufficient demand for currently produced goods and services, and that the low level of interest rates on safe, high-quality government liabilities showed that the supply of safe assets – whether money provided by the central bank, guarantees provided by banking policy, or government debt provided through deficit spending – was too low.
It would also be good news for America’s fiscal position, because Medicare and Medicaid are the two largest contributors to the long-term federal budget deficit.
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