Excessive
in sentence
1494 examples of Excessive in a sentence
French history demonstrates that
excessive
presidential power is likely to create an almighty and, at times, politically feckless executive, alongside a weak parliament that chronically under-represents a significant proportion of the population.
Most people in Germany, the Netherlands, and Finland blame
excessive
public spending and inadequate regulation in countries like Greece, Spain, and Cyprus for destabilizing the eurozone and, in turn, the EU.
Likewise, following the Israeli air strikes on Gaza in early March that killed more than 100 Palestinians, UN Secretary General Ban Ki-moon was moved to “condemn the disproportionate and
excessive
use of force that has killed and injured so many civilians, including children.”
However, in his book Crimes of War , Michael Byers, a Duke University law professor, argues that the use of force in self-defense “must not be unreasonable or excessive,” and with regard to anticipatory action, the necessity must be “instant, overwhelming, leaving no choice of means, and no moment of deliberation.”
Indeed, those links were central to the arguments advanced by economists like Simons, Fisher, and Friedman, who, surveying the wreckage produced by
excessive
credit creation in the 1920’s, proposed both OMF of fiscal deficits and a system of 100% reserve banking.
The impact of slowing global trade is most apparent for Germany, which was not burdened with
excessive
household or corporate debt, and enjoyed a favorable fiscal position.
While the previous model brought 30 years of success in terms of GDP growth, it generated considerable risks and imbalances – including environmental degradation, social inequities,
excessive
debt, industrial over-capacity, and a bloated state sector.
Accumulating
excessive
debt usually entails moving some part of domestic aggregate demand forward in time, so the exit from that debt must include more savings and diminished demand.
Thanks in part to research by Reinhart and Rogoff, we know that
excessive
leverage is unsustainable, and that restoring balance takes time.
There is no sign that they have abandoned the incentive structure that encourages
excessive
risk-taking.
By expanding our grasp of the vastness of the universe, science has, if anything, increased the awe and reverence we feel when we look up on a starry night (assuming, that is, that we have got far enough away from air pollution and
excessive
street lighting to see the stars properly).
At worst, the efficiency costs would be minor; at best, the tax would discourage
excessive
short-term speculation.
Instead of trying to copy the IMF, Europe’s leaders should be focused on strengthening the resilience of the financial system, so that it can provide a safety valve for whatever pressures inevitably arise from the build-up of
excessive
public debt in some eurozone countries.
Commercial and high-end residential investment has been excessive, automobile capacity has outstripped even the recent surge in sales, and overcapacity in steel, cement, and other manufacturing sectors is increasing further.
All historical episodes of
excessive
investment – including East Asia in the 1990’s – have ended with a financial crisis and/or a long period of slow growth.
The focus on currencies as a cause of the West’s economic woes, while not entirely misplaced, has been
excessive.
Over the past few decades, the International Monetary Fund became associated with
excessive
fiscal austerity, extreme political insensitivity, and – since the Asian financial crisis of 1997-1998 – with an out-and-out stigma.
Instead, the group’s report underscores the true risk for Europe: a return to the soft budget constraints – both private and public – and
excessive
borrowing that overheated its southern and western periphery and gave rise to destabilizing trade imbalances.
Excessive
focus on inflation meant that some central banks ignored what was happening to their financial markets.
Private incentives matter, and if they are not well aligned with social returns, the result can be
excessive
risk taking, excessively short-sighted behavior, and distorted innovation.
Financial markets responded by demanding much higher rates on the bonds of countries with high government debt ratios and banking systems weakened by
excessive
mortgage debt.
When the bubbles burst, households understandably became fixated on balance-sheet repair – namely, paying down debt and rebuilding personal savings, rather than resuming
excessive
spending habits.
The problem in Turkey has been the government’s
excessive
response to the corruption investigations: removing thousands of police officers and reassigning hundreds of prosecutors and judges.
The US Treasury is asking the private sector to put $35 billion into this $500 billion fund so that the fund managers all have some “skin in the game,” and thus do not take
excessive
risks with the taxpayers’ money.
Moreover, in a country where
excessive
debt is a growing concern, Foshan’s loan-to-GDP ratio in 2011 was only 85% – far less than the national average of 121%.
Thanks to such monitoring, Foshan’s municipal- and county-level governments recognized a dramatic restructuring in global supply chains and responded accordingly, such as by improving housing and health care, providing such social services even to migrant labor, and addressing
excessive
pollution.
Meanwhile, local governments in Northeast China continue to struggle with the supply-side structural reforms needed to tackle overcapacity,
excessive
leverage, high transaction costs, and gaps in technology upgrading.
Those who fear
excessive
public debt are the banks that hold it.
The other key lesson from Singapore is that single-party rule has retained popular legitimacy by delivering inclusive growth and equality of opportunity in a multi-ethnic society, and by eliminating corruption of all kinds, including cronyism and
excessive
influence for vested interests.
For now, however, those representative elements that have been added incrementally are not powerful enough to overcome the growing corruption and
excessive
influence of vested interests.
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