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Deficit in sentence

2808 examples of Deficit in a sentence

Budget deficits and the resulting national debt are important not only in themselves; they also contribute to a country’s current-account deficit, which is the difference between its level of domestic investment by businesses and households in structures and equipment and the amount that it saves to finance those investments.
Looking ahead, the IMF predicts that Greece will have a gradually rising primary surplus and a gradually declining overall deficit over the next several years.
But, unless Greece is able to increase its rate of economic growth, the budget will remain in deficit and the debt will remain at nearly its current share of GDP.
But narrowing the global governance deficit requires closer cooperation, and a willingness to invest in civil-society organizations that hold governments accountable.
Pressure for revaluation stems, therefore, not from the real needs of China economy, but from large imbalances in the United States, particularly its long-standing trade deficit, which exceeds 5% of GDP.
However, dollar supremacy means that the US can sustain a much wider balance-of-payments deficit than other countries.
And, however regrettable the uneven application of the EU’s fiscal rules, the European Commission’s recent decision to give France more time to reduce its budget deficit to 3% of GDP is welcome, coming as it did against the backdrop of a weak economy.
The Reagan tax cuts remained in place, and created a federal budget deficit that would not be tamed until President Bill Clinton started to bring spending and revenues back into line in 1993.
I was thus dismayed at his recent expression of optimism that under today’s Republican-led Congress, “a tax reform serving to increase capital formation and growth will be enacted,” while arguing that “any resulting increase in the budget deficit will be only temporary.”
First, when in recent memory has a Republican-sponsored tax cut not created a deficit?
The deficits are as much the fault of the surplus countries as they are of the deficit countries.
If one country gets rid of its deficit, it must show up elsewhere.
If a developing country's trade deficit is offset by assistance through a grant of the new global money, its overall financial position will be secure.
The US accepted the lower valuation of the renminbi as long as China returned the dollars that it earned from bilateral merchandise trade by financing America’s budget deficit.
But America’s large fiscal deficit, along with continuing uncertainty about its financial markets, mean that the dollar is also potentially vulnerable.
But things keep getting worse: the deficit for 2009 alone is expected to be more than a half-trillion dollars, excluding the costs of financial bail-outs and the second stimulus package that almost all economists now say is urgently needed.
Despite raising expenditure substantially, however, the budget relies mainly on growth and improved tax collection to keep the country's fiscal deficit within reasonable limits.
Third, the Central Bank of Argentina announced that it would follow an inflation-targeting regime, instead of continuing to rely mainly on seigniorage to finance the fiscal deficit.
Once the deal was concluded, Argentina pursued massive new external borrowing, with the emerging world’s largest-ever debt issue, to help address its sizable fiscal deficit.
Moreover, Argentina’s fiscal deficit has increased, owing to the drop in revenues brought about by the recession.
To escape its perverse debt dynamics, Argentina must reduce its fiscal deficit.
It is no longer competitive in manufacturing, but blames others for its huge trade deficit.
The huge US trade deficit worldwide is sufficient to explain the bilateral deficit.
China accounts for 15% of the world economy, so even its proportionate share of the US’s $600 billion deficit would be $90 billion – well over the $20 billion threshold.
Yes, the bilateral deficit is much higher than even that level; but that is partly because China’s exports to the US contain so many imported inputs.
These policies would affect US economic growth, the budget deficit, national saving, and hence global trade and capital flows.
The convergence of interest rates was broken when a newly elected government in Greece revealed that the deficit incurred by the previous government was much larger than had been reported.
Though exchange rates are notoriously unpredictable, the best guess is that a slow unwinding of the massive US trade deficit will keep the dollar on a path of gradual long-term decline.
According to my own calculations in a series of research papers with Maurice Obstfeld, the trade-weighted dollar would likely fall by 20% if a global demand shift (say, due to a US housing recession) were to cut the US trade deficit in half.
They have defended their empirical methods and insist that they are not the deficit hawks that their critics portray them to be.
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