Excessive
in sentence
1494 examples of Excessive in a sentence
Finally, many economists in recent decades have identified how
excessive
leverage can do lasting damage to both the real and financial sides of the economy.
The conservative fiscal response to the post-2008 recession, combined with the European Central Bank’s dithering before July 2012, led to
excessive
austerity, which wreaked havoc on the Italian middle class, pushing it toward populism.
Starting with Cavallo, Argentina’s boosters argue that these problems are transitory, and blame the country’s difficulties on turmoil in world financial markets and the US dollar’s
excessive
strength in relation to the Euro, which reduces Argentina’s export competitiveness.
In both cases, the credit system got out of control, with too much lending to the private sector in 1980’s Japan and
excessive
government borrowing during the 2000’s in the eurozone.
The US government has cited such recurring handicaps as
excessive
duplication of efforts, overlapping institutional mandates, and inadequate information-sharing and coordination of counterterrorism efforts.
But, in some cases, historical legacies can gain
excessive
influence, overwhelming leaders’ capacity to make rational policy choices.
What is required is a stronger emphasis on automatic sanctions for fiscal profligacy and
excessive
debt than is contained in the EU Commission’s current proposal for reform.
American democracy’s emphasis on short time horizons is costly, with tax cuts and increased welfare benefits giving rise to chronic fiscal deficits, with future generations forced to foot the bill for years of
excessive
consumption.
In China, the one-party system has been effective in delivering strong growth, but it must now address the rampant corruption and
excessive
bureaucracy that has crowded out the private sector and limited creativity and innovation.
Every year, 12 million hectares of land – an area the size of Austria and Switzerland – are lost to overuse and
excessive
application of fertilizers.
A confluence of dollar strength and
excessive
foreign borrowing caused the debt crises in Latin America and Asia in the 1980s and 1990s.
Unrealistic macroeconomic assumptions, farfetched theories about tax cuts, and legislation that deliberately misrepresented policy plans all worked as intended, yielding overly optimistic forecasts, which in turn help to explain
excessive
budget deficits.
Though the policy succeeded in buttressing China’s economic growth, it was widely criticized as an overreaction – one that led to
excessive
monetary expansion.
Moreover, European companies receive an
excessive
80% of their finance from banks and less than 20% from capital markets (the proportions are roughly reversed in the US).
We must re-evaluate the distorted political economy of the financial sector, before the
excessive
power of the few imposes even larger costs on everyone else.
Moreover, beyond the housing market,
excessive
borrowing by financial institutions and some segments of the corporate and public sectors occurred in many economies.
Instead, throughout the world, central banks have focused on the systemically significant banks, the financial institutions whose
excessive
risk taking and abusive practices caused the 2008 crisis.
Those, of course, were code words for surplus saving,
excessive
investment, open-ended resource demand, environmental degradation, and mounting income inequalities.
From the beginning, the European Economic Community was shaped by a bad compromise between Germany and France: French farmers could charge
excessive
prices, and Germany could sell its industrial goods to France.
Meanwhile, insolvencies and foreclosures triggered by
excessive
interest burdens are not reversed by later rate cuts.
But the changed international climate, and the possibility of a bout of severe dollar weakness, could convince the US to go along with a conversion scheme that would alleviate
excessive
pressure on the dollar.
True, Germany’s trade surplus is 8% of GDP, and its current-account surplus is close to 9% of GDP, which is
excessive.
The draft constitution completed last month has raised serious concerns, as it places
excessive
checks on political parties and politicians, while giving appointed bureaucrats and judges the power to overrule policy decisions by elected officials.
Every commentator today highlights India’s poor infrastructure,
excessive
regulation, small manufacturing sector, and a workforce that lacks adequate education and skills.
The
excessive
debt accumulated by households has been worked off much more rapidly; and, once losses have been recognized, people can start again.
The cause of the transatlantic growth gap thus should not be sought in
excessive
eurozone austerity or the
excessive
prudence of the European Central Bank.
Turkey’s Hot-Money ProblemNEW YORK – The ongoing financial volatility in emerging economies is fueling debate about whether the so-called “Fragile Five” – Brazil, India, Indonesia, South Africa, and Turkey – should be viewed as victims of advanced countries’ monetary policies or victims of their own
excessive
integration into global financial markets.
Without capital-account management, Turkey’s central bank expected to achieve financial and price stability by complementing the reduction in overnight rates with domestic macroprudential tools aimed at reducing
excessive
credit growth.
Excessive
centralization and harmonization are decimating the subsidiarity and competition needed to drive Europe’s economies, as the socialization of debt undermines weaker economies’ accountability.
Similarly, although the one-size-fits-all monetary policy contributed to Greece’s
excessive
indebtedness, and to Spain’s real-estate bubble, eurozone leaders have consistently sought to re-align interest rates, for example, by compelling holders of Greek debt to accept “haircuts” (write-downs on principal).
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