Excessive
in sentence
1494 examples of Excessive in a sentence
But when the entire international system becomes entwined with an
excessive
amount of short-term inter-bank lending, the world economy becomes subject to financial panic.
But a new issue risks bringing about a similarly problematic outcome: By repeatedly repressing financial-market volatility over the last few years, central-bank policies have inadvertently encouraged
excessive
risk-taking, which has pushed many financial-asset prices higher than economic fundamentals warrant.
According to the Mayo Clinic, such a disorder “is a mental condition in which people have an inflated sense of their own importance, a deep need for
excessive
attention and admiration, troubled relationships, and a lack of empathy for others.”
Reforming financial-sector taxation would also help to reduce
excessive
risk-taking and leverage.
But continuing for much longer with unconventional monetary policies also carries the risk of undesirable asset-price inflation,
excessive
credit growth, and bubbles.
These imbalances ultimately reflected the accumulation of
excessive
international liquidity by countries like the US, stemming from
excessive
savings by countries like China.
Indeed, few today are calling for the IMF to play a stronger role in preventing the accumulation of
excessive
external imbalances and in fostering more disciplined domestic policies.
But, if financing were to become easier, it would be unclear how both creditors and debtors would perceive the risk of
excessive
imbalances.
But the protracted global slowdown has highlighted the risks of
excessive
reliance on exports.
While little investment is needed to upgrade the service sector, dismantling
excessive
regulations will require strong political will.
Europe’s southern economies owe their deteriorating circumstances largely to
excessive
austerity and the absence of measures to compensate for demand losses.
The measures include tighter limits on home purchases by non-locals in cities with
excessive
price gains, a reinforced 20% capital-gains tax, mandatory 70% down payments, and a 30% benchmark interest-rate premium for second mortgages.
Such a move would deter
excessive
investment in productive capacity, and ease the implementation of a more flexible exchange-rate regime.
Havel was the first important Czech politician to criticize this trend, warning against
excessive
partisanship and arguing that political parties would become internally weak but outwardly authoritarian if they did not draw inspiration from a vibrant civil society.
According to German leaders, no matter how severe the effects of that approach may be, they are simply the price of redemption after committing the sin of accumulating
excessive
debt.
Another is that officials worried about
excessive
financial tightening after Bernanke’s mention in May of a possible taper, jeopardizing the economy’s gradual recovery.
This is dangerous, as history demonstrates that leaders who allow or stimulate
excessive
nationalism can all too easily become trapped by it.
Excessive
rural credit was one of the important causes of bank failures during the Great Depression.
As the ECB’s common monetary policy cannot fit the macroeconomic conditions of all the member countries, the eurozone countries need macro-prudential regulations that aim at reducing
excessive
credit growth.
Indeed, Tobin designed it to solve an entirely different problem:
excessive
volatility in currency markets.
Fifteen years later, Jensen wrote a paper about the costs of
excessive
sensitivity of pay to performance.
Moreover, providing large implicit subsidies to firms that are too big to fail should not be an attractive policy, because it encourages such firms to take on
excessive
risk (and to become even bigger).
Excessive
household debt is particularly risky, because a shock in the price of assets (especially real estate) translates quickly into reduced consumption, as it weakens growth, employment, and investment.
Already, it is unlocking additional fiscal outlays in countries like Germany – which, despite having the means, did not previously have the will to spend – thereby helping to alleviate an aggregate-demand imbalance that, together with structural impediments to growth and
excessive
indebtedness in some countries, has held back the region’s recovery.
Is there any reason to believe that
excessive
policy inflexibility works better in Europe?
In fact, it is possible to regard
excessive
bank lending as a symptom of deeper economic flaws.
But it is the agenda of pending reforms that should stifle
excessive
complacency.
It may be instructive to recall that in other protracted post-crisis episodes, including the Great Depression of the 1930s, economic recovery without resolution of the fundamental problems of
excessive
leverage and weak banks usually proved shallow and difficult to sustain.
Those challenges – including weaknesses in the real economy and the private sector, overcapacity,
excessive
leverage, and high housing prices – are rooted largely in the financial sector’s mounting problems and the failure of China’s leaders to address them.
America’s postwar planners concluded that if
excessive
nationalism was the problem, transnationalism was the answer.
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