Large
in sentence
10236 examples of Large in a sentence
Making matters worse, because an export-led recovery yields less revenue – value-added taxes are rebated on exports, but collected on imports – seemingly strong government finances quickly turned into
large
deficits.
In Greece’s case, the problem was compounded by the fact that, during the boom years, the
large
fiscal deficits had been financed entirely by capital inflows.
Today, eurozone countries are not subject to
large
capital inflows, so a crisis would not cause them to face external disequilibrium.
They would not need a
large
downward adjustment in wages and prices, and government revenues would remain relatively stable.
In other words, the public debt must be so large, or growing so fast, that the government could soon lose the ability to borrow further.
Brazil’s economy is
large
and relatively closed, so a competitive real exchange rate is less crucial for growth than it would be in a small, open economy.
The EU’s
large
states feel particularly vulnerable, and it is there that the biggest shock to expectations has occurred.
In short, the
large
states still have illusions, encouraged by their political elites, about what the state can do to guide economic development.
The same sort of logic applies to the
large
states: France and Germany are losing skilled labor at the same time as they are drawing in cheaper labor from Eastern Europe.
If the
large
states are to obtain similar gains, and their politicians are to recover voters’ respect, their governments will have to accept the small-state logic and abandon the Great Power posturing of the past.
Rather than open a checking account – and maintain the required minimum balance of $1,000 – I did what Japanese did: carry
large
amounts of yen and pay for everything in cash.
Japan escaped contagion, even serving as a haven from financial turmoil elsewhere in Asia, owing to its
large
reserves and stable currency.
I would guess that they are no longer holding
large
quantities of yen, and that they have become less frugal and more willing to invest in risky assets.
European banks could bulk up in
large
part because it was assumed that their respective governments backed them.
Not only are these banks now
large
relative to some national economies, but the quality of government credit is now in question across the eurozone periphery – up to and including Italy.
The new measures also helped to attract
large
capital inflows and foreign direct investment, underpinning a dramatic rise in foreign-currency reserves, from $14.8 billion in 2004 to more than $36 billion by the end of 2010.
In the face of
large
and growing external imbalances, the Central Bank of Egypt (CBE) chose to defend the Egyptian pound during last year’s political and economic turmoil.
Gas production in the Middle East will triple, and more than double in Africa, where there are
large
low-cost reserves.
But boosting the share of income that goes to the household sector could be hugely disruptive, as it could bankrupt a
large
number of SOEs, export-oriented firms, and provincial governments, all of which are politically powerful.
The second fact is that Japan, South Korea, and Taiwan – all relatively high-income economies – have a
large
trade surplus with China.
Even
large
pension funds are beginning to take notice.
Moreover, a
large
number of Africa’s poorest countries have benefited from exponential growth in (primarily United States-based) philanthropy.
Nazi Germany tried to break British morale by blitzing
large
areas of London, Birmingham, and Coventry, among other places.
Of course, if you assume that vast swaths of the countryside will be covered in wind turbines and solar panels, you will inevitably predict that a
large
number of construction jobs will be required.
With Britain out altogether,
large
sectors of the City’s business can be expected to migrate to new homes on the continent.
While China, India, and Brazil still have very
large
rural populations, they have made great strides in reducing poverty, with several hundred million people (the largest proportion in China), escaping it in the last few decades.
Already, Trump has determined that Pakistan should no longer be paid for providing valuable services to American, NATO, and Afghan forces, and has even blocked a
large
payment to the country that was already due.
The presence of
large
Russian ethnic minorities in Estonia, Latvia or Ukraine could present a security challenge to these states; but NATO is not relevant and could prove a liability in such cases.
Those countries, like Australia, that implemented large, well designed stimulus programs early emerged from the crisis faster.
By and large, we regard new technologies as something to be developed by businesses for the marketplace, not as opportunities for global problem solving.
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