Excess
in sentence
901 examples of Excess in a sentence
A rapid reduction in unit labor costs, through structural reforms that increased productivity growth in
excess
of wages, is just as unlikely.
Reintroducing the drachma risks exchange-rate depreciation in
excess
of what is necessary to restore competitiveness, which would be inflationary and impose greater losses on drachmatized external debts.
At a time when the major infrastructure companies of the US, Europe, and Japan will have serious
excess
capacity, the World Bank, the European Investment Bank, the US Export-Import Bank, the African Development Bank, and other public investment funds should be financing large-scale infrastructure spending in Africa, to build roads, power plants, ports, and telecommunications systems.
The new benchmark’s overall score for a firm can be broken down into three separate categories: its commitment to research and development for new drugs; its manufacturing, production, and environmental standards; and its marketing and distribution practices, which should focus on ensuring access rather than
excess.
Not only will politicians’ influence be towards monetary excess, which of course is a serious enough matter for a bank whose primary mandate is price stability, but also the
excess
will constitute a serious barrier to structural reform, which is essential for European prosperity in a competitive global economy.
Increasingly, Europe’s politicians regard
excess
liquidity and economic reform as substitutes for one another.
In particular, the stubborn Dutchman understood the extreme danger if Europe’s top monetary authority became too cozy with Europe’s politicians, especially at a time when many EU finance ministers view economic reform and
excess
liquidity as being essentially the same thing.
Global commodity prices will collapse, and prices for many goods and services will stop rising so quickly as unemployment and
excess
capacity grow.
In particular, China has followed a strategy in the past decade or so that entails running large current-account surpluses and building up foreign-exchange reserves, which are now reported to be in
excess
of $3 trillion.
And then there was the ’60s rocker with the eyes of a sad wolf and cheekbones hewn by Giacometti, the Catcher in the Rye mood, and a melancholy so intensely hopeless that it seemed to condemn him to live on the edge of every form of
excess.
The US lacks investment in infrastructure and has
excess
investment in financial derivatives – the result of opaque leverage from over-consumption.
The massive injection of liquidity into China’s economy has contributed to rising debt, especially among local governments and firms, while fueling massive real-estate bubbles, and resulting in significant
excess
capacity.
Over the last 18 months, Li’s government has been attempting to address these challenges, by overhauling China’s industrial structure, reducing
excess
production capacity, restricting lending, containing the shadow banking sector, and curbing real-estate investment.
Defective growth models in advanced countries, based on
excess
credit and domestic aggregate demand (and complicated by structural flaws and limited adjustment mechanisms in Europe), led to instability, a crisis, and a large negative shock to the real economy.
Some statistics speak for themselves: the three richest people in the world have combined personal assets, on their own, in
excess
of the entire GDPs of the 48 least developed countries.
Meanwhile, because of the rapidly rising US budget deficit – a remarkable development in a country at full employment – an
excess
of spending power has spilled over into imports.
Before World War I, capital flowed in one direction: from rich countries with
excess
savings, such as the United Kingdom, to countries like Australia or Argentina, whose investment needs exceeded domestic savings.
If they remove the stimulus too soon by raising taxes, cutting spending, and mopping up the
excess
liquidity, the economy may fall back into recession and deflation.
Most important, compared to the US, the
excess
debt created during the boom years has been much more difficult to work off.
If in two years the bank’s assets have a 50-50 chance of appreciating to $1.2 billion or declining to $0.8 billion, the bank will be able to raise new equity capital: new investors will be willing to pay for the prospect of sharing in the
excess
of the value of assets over obligations if things turn out well.
Despite Iranian officials’ best efforts to downplay the sanctions’ impact, it is difficult to spin inflation in
excess
of 30% and projected GDP growth of just 1% this year.
Firms in advanced economies are now cutting jobs, owing to inadequate final demand, which has led to
excess
capacity, and to uncertainty about future demand.
Moreover, budgetary pressures will make it increasingly difficult for the central bank to raise short-term interest rates to fulfill its mandate of curbing
excess
inflation.
In addition to direct help for small farms, donors should provide more help for the research and development needed to identify new high-yielding seed varieties, especially to breed plants that can withstand temporary flooding,
excess
nitrogen, salty soils, crop pests, and other challenges to sustainable food production.
The credit channel also is not working properly, as banks have hoarded most of the extra liquidity from QE, creating
excess
reserves rather than increasing lending.
But now commercial banks are willing to hold their
excess
reserves at the Fed, because the Fed now pays interest on those deposits.
But, to circumvent the restrictions in the state-dominated financial system, a shadow banking system has developed, raising new risks: economic distortions; reliance on
excess
leverage to drive growth in the consumer, real estate, corporate, and government sectors; and dangers associated with inadequate regulation.
The risk is that Lin’s warning will be interpreted as an argument for sticking with an investment-led model, which would imply more low-return public-sector projects and
excess
capacity in selected industries.
One is that, facing declining growth, policymakers will resort to
excess
investment or leverage (or both), creating instability.
Trends in the region’s two giants are especially worrisome, with inflation having pierced the 5% threshold in China and running in
excess
of 8% in India.
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