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Deficits in sentence

2171 examples of Deficits in a sentence

Those deficits must be financed by net inflows of funds from other countries.
If Italy, Spain, and France were not part of the eurozone, they could allow their currencies to devalue; weaker exchange rates would increase exports and reduce imports, eliminating their current-account deficits.
Moreover, the increase in exports and the shift from imports to domestically produced goods and services would strengthen their economies, thereby reducing their fiscal deficits as tax revenues rose and transfers declined.
If the euro falls by 20-25%, bringing it close to parity with the dollar and weakening it to a similar extent against other currencies, the current-account deficits in Italy, Spain, and France would shrink and their economies would strengthen.
Perhaps that is just a temporary effect and the euro will decline when global financial markets recognize that a weaker exchange rate is needed to reduce current-account deficits in the eurozone’s three major Latin countries.
Smart TaxesATHENS/BERLIN – Governments throughout the European Union and around the world confront a seeming Catch-22: the millstone of national debt around their necks has required them to reduce deficits through spending cuts and tax increases.
Given Europe’s fiscal deficits and the economic impact of reducing them, that is a huge potential prize.
Economic activity and business profits would have been lower, and government deficits would have been higher.
That is what is happening in today’s effort, in country after country, to slash spending and bring down budget deficits.
Prestigious bodies like the G-20, the IMF, and the OECD join the “markets” and economic columnists in demanding that governments liquidate their deficits.
The likely rise in interest rates will put considerable pressure on countries with large current-account deficits and high levels of foreign debt – a result of five years of credit expansion.
Reducing fiscal deficits and bringing monetary policy to a more neutral plane will be particularly difficult in countries like the Fragile Five, where growth has been lagging.
It was thought that keeping inflation low was necessary and almost sufficient for growth and stability; that making central banks independent was the only way to ensure confidence in the monetary system; that low debt and deficits would ensure economic convergence among member countries; and that a single market, with money and people flowing freely, would ensure efficiency and stability.
The crisis caused the deficits and high debt, not the other way around, and the fiscal constraints that Europe has agreed will neither facilitate rapid recovery from this crisis nor prevent the next one.
Greece is stuck in a vicious cycle of insolvency, lost competitiveness, external deficits, and ever-deepening depression.
Meanwhile, India’s growth rate has plunged as a result of faltering economic reforms and unsustainable budgetary choices: it now has record-high fiscal and current-account deficits.
But some countries are at risk, especially those with large current-account deficits, large foreign capital inflows relative to the size of their financial markets, and low foreign-exchange reserves.
Moreover, the claim that Italy has been barred from running higher deficits to stimulate growth is simply false.
If this happens again under Trump, fiscal deficits will push up interest rates and the dollar even further, and hurt the economy in the long term.
This cost-benefit calculation is probably why successive US administrations were happy to run trade deficits with China, even if they pretended otherwise.
If China must reduce its trade surplus with the US, it must also reduce its trade deficits with the East Asian economies.
The French state budget is chronically ill-managed, running deficits on par with Italy.
Conventional macroeconomists like me look at America’s current-account deficit, now running at 7% of GDP, and know that such vast deficits are inevitably followed by large currency depreciations.
Former Presidents Ronald Reagan and George W. Bush also each cut taxes sharply, resulting in budget deficits that prompted the Fed to raise interest rates.
That, in turn, would produce still more dollar appreciation and even bigger trade deficits, as happened under Reagan and Bush.
France and Italy, for example, demanded that the limits imposed the budget deficits of euro zone members by the Stability and Growth Pact exclude public spending for research.
The way to achieve these goals is not to run larger deficits, which merely imply higher taxes tomorrow, but to cut spending in other parts of the budget.
But then the same people typically smile and point out that investors from other parts of the world still want to lend the US vast amounts of money, keeping long-term interest rates low and allowing the country to run big deficits for the foreseeable future.
Trump’s stated goals in renegotiating NAFTA – if “renegotiation” is the right word for when a bully attacks his smaller neighbors until they accede to his demands – were to reduce the bilateral US trade deficits with Canada and Mexico and “bring good jobs back home.”
Trade flows may be driven substantially by longevity: countries expecting a relatively large number of elderly in the future should be running trade surpluses now and deficits later.
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