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Deficit in sentence

2808 examples of Deficit in a sentence

For these reasons, the bilateral strategic-trust deficit is growing.
It is imperative that both parties try to close the trust deficit.
They deserve opprobrium not merely because they hold cranky views on, say, the trade deficit or economic relations with China, but also, and more importantly, because their continued service makes them fully complicit in Trump’s behavior.
The real problem in Greece is no longer the fiscal deficit, but a combination of deposit flight and continuing excessive consumption in the private sector, which for more than a decade now has been accustomed to spending much more than it earns.
That is why, despite the strong fiscal adjustment, Greece’s current-account deficit remains close to 10% of GDP.
Greece cannot regain access to financial markets until the current-account deficit is eliminated and deposit flight stops.
At the same time, the cost of financing excessive expenditure must also be increased; otherwise, the current-account deficit will persist.
Estonia, which had an even larger current-account deficit before the crisis, provides an interesting counterexample.
This is reminiscent of the European Union’s “democratic deficit,” which has fueled resistance to further integration.
Recent reports by McKinsey & Company detail how this skills gap – with a projected deficit of up to 40 million college-educated workers by 2020 – will suppress economic growth worldwide.
The importance of foreign debt is well illustrated by the case of Portugal: although the country’s public-debt and deficit ratios are broadly similar to those of France, the risk premium on its public debt increased continuously, until it was forced to turn to the European rescue fund.
For Portugal, however, the key problem is the private sector’s continuing external deficit.
Congressional Republicans say they want revenue-neutral, efficiency-enhancing tax reform, which is properly defined as lowering marginal tax rates but simultaneously eliminating distortionary deductions, thereby keeping revenues and the budget deficit stable.
Indeed, if the oil price remains in the current range of $30-35 per barrel (this year’s budget assumes an average of $50), Russia’s deficit will be around 6% of GDP.
The best evidence of this failure is that, despite a huge drop in wages and costs, export growth has been flat (the elimination of the current-account deficit being due exclusively to the collapse of imports).
Were it not for its current-account deficit (which records capital imports from abroad), the US would also be investing nothing.
Fiscal consolidation has also helped to keep the current-account deficit under 1% of GDP.
Only an increase in the number of permanent and non-permanent seats can remedy the representation deficit within the Security Council and adapt it to the realities of the twenty-first century.
This argument is correct in the sense that it is the current-account surplus or deficit of a monetary union as a whole that can be expected to have exchange-rate implications.
They should almost thank the French for their inability to impose effective austerity measures and thereby still run a small current-account deficit, which has prevented the eurozone surplus from becoming even larger.
But the Iranian budget is now running a 15%-of-GDP deficit, and foreign reserves are shrinking, despite the oil boom.
Reducing the budget deficit – by limiting government spending and combating a culture of tax avoidance – will increase total domestic savings available to invest.
Fortunately, the recent threat of a downgrade of Inda’s sovereign credit rating – which would have made it difficult to finance the current-account deficit – has led to a government reshuffle and a shift in policies.
Lowering the subsidy for diesel fuel was politically difficult, but will reduce both the fiscal deficit and excessive use of diesel products.
Fortunately, it seems that this lesson already has been learned, with the average deficit in the eurozone now amounting to only around 2% of GDP.
The deficit cap imposed by the Stability and Growth Pact (3% of GDP) seems to have had at least some impact in terms of stabilizing the debt ratio.
The country’s external deficit is exploding, and borrowing costs have spiked precisely as financing has become imperative.
Manufacturing growth has turned sluggish, and the fiscal deficit has risen above 5% of GDP, gravely straining the economy.
Since that exceeds the size of the government deficit, it implies that private markets do not need to buy any of the newly issued government debt.
Secondly, if a country invests more than it saves, it will need to borrow, and the counterpart to that borrowing is a trade deficit.
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