Example collocations logo

Deficits in sentence

2171 examples of Deficits in a sentence

If declining confidence in US fiscal policy leads to a weaker dollar, Europe and Asia may find it more difficult to export, and if the deficits prove a drag on the American economy, global growth may stall.
The result of the debates of the early 1990’s was a set of rough and ready rules on deficits and debt levels that was never taken quite seriously.
By purchasing almost three times the total net issuance of eurozone bonds, the ECB effectively circumvented eurozone rules and began to monetize Europe’s government deficits, as well as creating a mutual support system between strong economies such as Germany and weaker ones like Italy and Spain.
Following the credit-bubble burst in 2008, fiscal transfers replaced these private financial flows, causing budget deficits to balloon.
Moreover, UK pension funds are reporting large deficits due to the collapsing value of their equity holdings.
Huge surpluses in the three years since 1999 far outweigh the official deficits forecast in the next two years.
The independent Institute of Fiscal Studies calculates that the Chancellor could run cumulative current deficits of nearly £50 billion between now and the end of the cycle in 2005/06 without breaking the Golden Rule, rather than the £2.7 billion the Treasury currently projects.
Fixing Europe's Stability PactEurope's Stability Pact - which underpins the euro by setting fixed constraints on the size of budget deficits for euro members - is in trouble.
Not only is the Pact's fixed 3% limit for the ratio of budget deficit to GDP arbitrary, but it also ignores the fact that when an economy slows, deficits increase automatically.
Each country should regain full control of its fiscal policy but delegate its macroeconomic component, decisions about deficits or surpluses, to an independent Fiscal Policy Committee given the long-run mandate of stabilizing, or in some countries reducing, the size of the public debt.
Specifically, in the years before the crisis, financial deregulation and tax cuts for the rich had been driving government deficits and debt ever higher, while further increasing inequality.
But annual deficits are poor approximations of the likelihood that one member may have to repay another’s debt.
In a fully integrated market, the annual financing of government deficits should not be an issue, provided the stock of debt is sustainable.
Likewise, an aversion to public deficits mirrors the population’s resistance to private indebtedness.
True, no country has been officially reprimanded for excessive deficits or debts.
By contrast, both the US and Japan are facing full employment with fiscal deficits higher than 3% of GDP – about 2-3 percentage points higher than those of the eurozone.
European officialdom is now responding to these deficits with an initiative to reform and democratize the European Commission.
Like the Nixon/Connolly team, the Bush administration is responding to America's massive budget and trade deficits by letting the dollar fall--and hard --while it also tries to distract attention from its responsibility by pointing an accusing finger at China as the cause for both US joblessness and deflationary pressures.
US budget deficits may have spared America and the world economy even worse performances over the past two years, but fixing what ails the US is now far more difficult.
So there is an upside to today’s massive US fiscal and current account deficits.
Fourth, the re-leveraging of the public sector through large fiscal deficits and debt accumulation risks crowding out a recovery in private-sector spending.
If they take their fiscal deficits (and a potential monetization of these deficits) seriously and raise taxes, reduce spending, and mop up excess liquidity, they could undermine the already weak recovery.
But if they maintain large budget deficits and continue to monetize them, at some point – after the current deflationary forces become more subdued – bond markets will revolt.
A Tale of Two DefaultsBRUSSELS – Once upon a time, there was a country plagued by large deficits, high inflation, and decades of economic stagnation.
It developed external deficits and growth slowed.
International investors were initially quite willing to finance the government, but risk premia started to increase when the deficits became chronic.
The Greek fiscal and external deficits are about three times larger, and the accumulated debt level is more than twice that of pre-default Argentina.
When China’s “baby boom” generation – born between 1962 and 1976 – begin to retire, the system’s deficits will mount.
Within the eurozone, the counterpart to the German surpluses used to be the deficits of the peripheral countries (mostly Spain, but also Portugal and Greece).
Today, the counterpart to Teutonic excess saving is “Anglo-Saxon” dissaving: most English-language countries are running current-account deficits (and have been doing so for some time).
BackNext