Excessive
in sentence
1494 examples of Excessive in a sentence
In retrospect, many observers, myself included, believe that much of the advice was based on the IMF’s experience with countries whose problem derived from
excessive
government spending and budgets and was not appropriate to East Asia, where the problem was not a fiscal crisis but a banking crisis -- in Japan as well as in the pegged exchange rate countries.
Likewise, finance skeptics believe that our ability to prevent
excessive
risk-taking in financial markets is equally limited.
Losses can result from
excessive
wages paid by the ESM Governing Council members to themselves, a dearth of energy in efforts to collect debts from countries that have received credit, or other forms of mismanagement.
After all,
excessive
and chaotic deleveraging by lenders to emerging Europe – and the ensuing credit crunch – would destabilize this economically and institutionally fragile region.
Lost in all of the hype was the fact that neither markets nor financial analysts were terribly perturbed about
excessive
exchange-rate volatility or the possibility of an actual currency war.
Indeed, left completely to their own dynamics, these economies would probably shed
excessive
debt and alter long-standing social contracts in a manner that is both highly disorderly and that leads to economic contraction and a higher risk of another financial crisis.
The structural budget deficit has also been smaller under Democratic presidents (1.5% of potential GDP) than when Republicans have been in office (2.2%), though this has not stopped Republicans from criticizing Democrats for
excessive
spending.
Although the US economy is now performing very well, the
excessive
level of asset prices – the result of a decade of near-zero interest rates – poses a threat to stability.
On the critical dimension of
excessive
bank size and what it implies for systemic risk, there was a concerted effort by Senators Ted Kaufman and Sherrod Brown to impose a size cap on the largest banks – very much in accordance with the spirit of the original “Volcker Rule” proposed in January 2010 by Obama himself.
We are setting ourselves up, without question, for another boom based on
excessive
and reckless risk-taking at the heart of the world’s financial system.
China must slow its growth to deal with overcapacity and
excessive
leverage; otherwise a hard landing will be triggered.
Price-to-earnings ratios in the US are 50% above the historic average, private-equity valuations have become excessive, and government bonds are too expensive, given their low yields and negative term premia.
Moreover, the leverage in many emerging markets and some advanced economies is clearly
excessive.
Excessive
high-frequency/algorithmic trading will raise the likelihood of “flash crashes.”
This recession was caused by a mispricing of risk, leading to
excessive
leverage and high prices for a wide range of assets.
China’s Growth SecretSHANGHAI – Many people are profoundly pessimistic about the Chinese economy’s growth prospects, owing to the emergence of massive debt,
excessive
investment, overcapacity, and so-called “ghost cities” since the 2008 global financial crisis.
Similarly, in the 1990s, China addressed the buildup of bad debt and unfinished construction projects – the result of state-owned enterprises’ chronic loss-making and
excessive
property investment, respectively – by implementing institutional reforms that stimulated growth in more dynamic sectors, thereby offsetting the SOEs’ declining return on capital.
But most have suffered from the opposite syndrome:
excessive
reliance on capital inflows, which, by spurring domestic credit and consumption, generate temporary growth.
The Fund and the European Union have long been oblivious to many EU countries’
excessive
fiscal burdens.
Many EU countries were vulnerable because they had accumulated
excessive
and unnecessary public debts by maintaining budget deficits during the pre-crisis boom years.
These countries share other weaknesses as well:
excessive
fiscal deficits, above-target inflation, and stability risk (reflected not only in the recent political turmoil in Brazil and Turkey, but also in South Africa’s labor strife and India’s political and electoral uncertainties).
The need to finance the external deficit and to avoid
excessive
depreciation (and even higher inflation) calls for raising policy rates or keeping them on hold at high levels.
So a powerful combination of social and economic anger emerged, particularly given the perception that the
excessive
greed of financiers and bankers was the primary cause of the crisis that erupted in 2008, and that still menaces us today.
China routinely rotates the highest executive positions, as it realizes that a change of power prevents tyrants from gaining
excessive
power, a lesson learned painfully during Mao's long and often disastrous reign.
Maintaining these countries’
excessive
prices and nominal incomes with artificially cheap credit guaranteed by other countries would only make the loss of competitiveness permanent.
This would increase already-high unemployment, expose
excessive
financial risk-taking, embolden Russia, and strengthen populist movements further, thereby impeding comprehensive policy responses.
Instead of communicating the full panoply of perspectives that their discipline offers, they display
excessive
confidence in particular remedies – often those that best accord with their own personal ideologies.
Given their
excessive
belief in unfettered markets, they turned a blind eye to palpable abuses, including predatory lending, and denied the existence of an obvious bubble.
This “extend and pretend” or “lend and pray” approach is bound to fail, because, unfortunately, most of the options that indebted countries have used in the past to extricate themselves from
excessive
debt are not feasible.
But the government’s readiness to embrace the emerging digital age, pursuing supportive policies and avoiding
excessive
regulation, has already placed the country at a significant advantage.
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