Excess
in sentence
901 examples of Excess in a sentence
It is also right to advocate measures that could, over time, reduce
excess
demand by improving conditions in leading source countries.
The result would be a more solid basis for international cooperation aimed at reducing abuses and suffering, managing economic migration, protecting refugees, and, eventually, reducing
excess
demand by fostering development and growth in source countries.
The second big challenge that the IMF identifies –
excess
capacity in the eurozone banking system, and the related problem of non-performing loans – is also, in principle, solvable.
They could also seek to eliminate
excess
capacity by using expansionary monetary and fiscal policies to stimulate effective demand.
And no one knows whether the much-discussed “innovative industries” can have the impact that real-estate investment and exports did – not least because there is so much
excess
capacity in the traditional industries.
All of these forces increase the
excess
supply of unskilled labor in the West, thereby reducing the equilibrium wage rate.
Today, it is not an
excess
of German ambition, but rather a lack of it, that is threatening Europe.
The related emphasis on productivity, innovation, pruning
excess
capacity, and moving up the value chain in manufacturing and services are underscored as key building blocks of this effort.
And those
excess
imports can lead to a net loss of “good” jobs.
But it could also exceed its export quota if its government paid the partner government a fine equal to the value of the
excess
exports, either collecting the necessary sum from its export producers or using its currency reserves.
Credit to the state sector ends up flowing not into productivity-enhancing investments, but into the housing market (fueling price bubbles) and industries with
excess
capacity (fueling even more overcapacity and enabling companies to avoid much-needed restructuring).
Even Africa has been doing well, with growth in
excess
of 5% in 2006 and 2007.
If monetary authorities respond appropriately to growing inflationary pressure – recognizing that much of it is imported, and not a result of
excess
domestic demand – we may be able to manage our way through it.
The potential output of solar energy is ten times higher, in
excess
of 10,000 GW, while only 5% of the region’s estimated hydropower resources has so far been exploited.
Second, developing and emerging economies still offer immediate opportunities for large high-return investments, which should be financed by what appears as
excess
global savings.
China was growing, but median living standards were not clearly in
excess
of those of China’s so-called “golden years” of the early 1950’s, after land redistribution and before forced collectivization turned the peasantry into serfs.
For example, negative interest policy rates (NIRPs) are now standard in Switzerland, Sweden, Denmark, the eurozone, and Japan, where the
excess
reserves that banks hold with central banks as a result of QE are taxed with a negative rate.
First, central banks could tax cash to prevent banks from attempting to avoid the negative-rate tax on
excess
reserves.
But “US efforts to get China to shed these objectives sound hypocritical when the United States seems to be opting for
excess
stimulus itself....[I]f the People’s Bank and the Fed tightened in coordination with most central banks, domestic [Chinese] concerns about competitive depreciation would be muted...”China’s policy of export subsidies through currency manipulation was always bound to become unsustainable in the long run because it was bound to generate substantial domestic inflation.
A first lesson of Japan’s experience is that, despite the eurozone’s difficulty generating inflation in an aging society characterized by
excess
savings, growth is not necessarily out of reach.
Open countries are less prone to macroeconomic problems, such as financial crises or rates of inflation in
excess
of 100%.
If the economy is slowing, if there is
excess
capacity, and if inflation is low, interest rates are reduced; if the economy is strong, if
excess
capacity is limited, and if inflationary pressures are growing, interest rates are raised.
China has proved its capacity to implement radical reforms that eliminate major distortions, thereby boosting growth and absorbing
excess
debt.
America’s Hope Against HopeNEW YORK – After a hard-fought election campaign, costing well in
excess
of $2 billion, it seems to many observers that not much has changed in American politics: Barack Obama is still President, the Republicans still control the House of Representatives, and the Democrats still have a majority in the Senate.
Beyond that, here is what Americans should hope for: a strong “jobs” bill – based on investments in education, health care, technology, and infrastructure – that would stimulate the economy, restore growth, reduce unemployment, and generate tax revenues far in
excess
of its costs, thus improving the country’s fiscal position.
Even more staggeringly, US borrowing now soaks up more than two-thirds of the combined
excess
savings of all the surplus countries in the world, including China, Japan, Germany, and the OPEC states.
Beyond retail savers, banks that are holding cash in
excess
of required reserves have no choice but to accept the negative interest rates that central banks impose; indeed, they could not hold, manage, and transfer those
excess
reserves if they were held as cash, rather than in a negative-yielding account with the central bank.
They are afflicted by subpar consumption,
excess
saving, and chronic trade surpluses.
Others, including me, are more critical of America’s long-standing penchant for
excess
consumption and the role that surplus economies play in enabling it.
Excess
export growth in the large surplus economies enabled the excesses of the world’s largest consumer.
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