Excess
in sentence
901 examples of Excess in a sentence
The legacy of
excess
real-estate capacity and over-leveraged households makes recovery all the more difficult.
With a decline in farm income in
excess
of 50% from 1929 to 1932, one might have anticipated massive migration.
In economies where investment levels are leading to
excess
capacity, resources could shift from investment to consumption, provided that these countries’ external accounts remain sustainable.
The resulting decline in competitiveness puts an
excess
burden on the economy, making it even less able to absorb the over-stimulated demand for medical services without an increase in costs.
But, as the experience of 2004-2007 revealed, the
excess
liquidity spawned by gradual normalization leaves financial markets predisposed to excesses and accidents.
A McKinsey study estimates that by 2025 China will have more than 220 cities with populations in
excess
of one million, versus 125 in 2010, and that 23 mega-cities will have a population of at least five million.
Fiscal policy gets a “B,” because – along with monetary expansion – it has shifted the economy from
excess
supply to
excess
demand.
While the underlying models differ, the Keynesian versions emphasize that if the super-rich save a lot, ever-increasing income concentration can be expected to lead to a chronic
excess
of planned savings over investment.
The countries north of the Alps have
excess
savings, but Northern European savers do not want to finance indebted Southern European countries like Italy, Spain, and Greece.
The Failure of Free-Market FinanceLONDON – Five years after the collapse of the US investment bank Lehman Brothers, the world has still not addressed the fundamental cause of the subsequent financial crisis – an
excess
of debt.
They are often created in excess, because in the upswing of economic cycles, risky loans look risk-free.
All the eurozone countries, except Luxembourg and Finland, reported fiscal deficits in
excess
of 3% of GDP in 2009, while Greece, Spain, and Ireland ran deficits of more than 10%.
Mounting imbalances in the US were the mirror image of those in China – a massive shortfall of domestic saving, unprecedented current-account deficits,
excess
debt, and an asset-dependent economy that was ultimately built on speculative quicksand.
Bargaining is mostly about the distribution of
excess
rents between the firm and its workers.
In a competitive industry, where there are no
excess
rents, there is little to bargain about.
Avoid whatever it is – whether an external drain under the gold standard or a collapse of long-term wealth as with the collapse of the dot-com bubble or a panicked flight to safety as in 2007-2008 – that creates a shortage of, and
excess
demand for, financial assets.
If
excess
energy could be stored efficiently, the lean periods might be covered; but improvements in battery technology are limited by the laws of chemistry.
Aside from the focus on price and the need to absorb US farms’
excess
output, school lunches reflect a broader trend toward turning food preparation into industrial production.
The Stability Pact initially sought to force countries that wished to join European Monetary Union to bring their budgets closer into balance and to slash
excess
debt.
Previous recessions were often characterized by
excess
inventory accumulation and overinvestment in business equipment.
You despise corruption and bureaucratic excess; you demand change.
A short list of these signals would include
excess
consumption (now gone) and deficient savings, based on an asset bubble and high debt; a persistent and growing current-account deficit (signaling that domestic consumption and investment exceeded income and output); and negligible net employment growth (over two decades) in the economy’s tradable sector.
The combination of persistent low interest rates, increasing regulatory compliance costs, and the rise of new competitors taking advantage of financial technologies (fintech for short) has produced, in Europe in particular,
excess
capacity and low profitability – and a strong temptation to merge.
The sample survey documented an extra 100,000 Iraqi civilian deaths compared to the death rate in the preceding year, when Saddam Hussein was still in power – and this estimate did not even count
excess
deaths in Falluja, which was deemed too dangerous to include.
Conversely, the PBOC is engaged in a more pre-emptive strike – attempting to ensure stability by reducing the
excess
leverage that has long underpinned the real side of an increasingly credit-dependent Chinese economy.
Indeed, household-sector debt is still in
excess
of 110% of disposable personal income and the personal saving rate remains below 3%, averages that compare unfavorably with the 75% and 7.9% norms that prevailed, respectively, in the final three decades of the twentieth century.
The banking sector, indeed, is showing
excess
liquidity as a result of a fall in demand for credit.
Making matters worse for ordinary Iraqis, public services have deteriorated to a dismal level, and unemployment is rising sharply, despite public expenditure in
excess
of $500 billion over the seven years of Maliki’s rule.
At the same time, the jump in labor productivity in manufacturing--by 7.2% in the third quarter--indicates that there remains a great deal of
excess
capacity in the manufacturing sector.
Rather, businesses must create savings vehicles and make investments, to which the Fed can then respond by allowing interest rates to rise, in order to head off
excess
demand and high inflation.
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