Lenders
in sentence
412 examples of Lenders in a sentence
I have believed for some months that the Fed should start tightening monetary policy to reduce the risks of financial instability caused by the behavior of investors and
lenders
in response to the prolonged period of exceptionally low interest rates since the 2008 financial crisis.
Proper regulation and scrutiny is crucial to an international organization’s success, and robust environmental, labor, and procurement standards are essential to the mission of all development
lenders.
Similar principles should be instituted at the AIIB, the AfDB, and other development
lenders.
Moreover, such
lenders
should not operate in a vacuum.
Gradually, with
lenders
becoming increasingly confident in subsequent years that low inflation was here to stay, real long-term interest rates began heading south.
Only central banks – typically
lenders
of last resort – lean against the hurricane-strength winds.
But, in a world of fractional reserve banks, there is clearly a danger that the initial stimulus could be multiplied later by the subsequent expansion of private “inside money” purchasing power, as animal spirits return to bank and shadow-bank
lenders
and borrowers.
One can never have negative nominal interest rates (except through some oddity of taxes or regulations), since
lenders
would rather hold their cash than effectively pay borrowers.
The message from the troika of European bailout
lenders
– the European Commission, the European Central Bank, and the International Monetary Fund – is loud and clear: “Do as we say, like Cyprus has done, and you will recover.
They could buy bad loans from
lenders
and forgive part of the principal payable by borrowers, simultaneously reducing lenders’ collateral requirements and borrowers’ debt overhang.
Both
lenders
and borrowers would be better off from a comprehensive debt cancelation.
In practice, this would mean that if Greece, say, were to have to restructure its debt once the bonds had been issued up to the limit, it would presumably service these bonds (which essentially represent official multilateral debt) in full, with private
lenders
bearing all the losses.
Ultimately, however, their average cost would not be lower, because, again, if official creditors are senior to private lenders, large-scale official financing – which is used mainly to repay maturing debt – would impede governments’ access to private credit markets.
How to Save the World BankOXFORD – The World Bank is quietly sliding into insignificance, as its core fee-paying clients increasingly seek other
lenders.
Regulators have recently woken up to the incentives for excessive leverage in this sector – and to the risks that such leverage poses to
lenders
and the broader economy.
Countries do not need to be at the mercy of major
lenders
like China.
When queried about America’s dependence on foreign lenders, they often smugly retort, “Where else would they go?”
Capital flight stems from myriad causes: debt servicing, the awarding to foreign firms of almost all contracts financed by multilateral
lenders
(and exemptions from taxes and duties on these goods and services), unfavorable terms of trade, speculation, free transfer of benefits, foreign exchange reserves held in foreign accounts, and domestic private capital funneled abroad.
Using the latter two types to impose "odious debts" on Africans undermines western
lenders'
credibility concerning money laundering, good governance, transparency, fiscal discipline, and macroeconomic policies conducive to economic growth.
Well-functioning credit markets require that
lenders
face the consequences of irresponsible or politically motivated lending.
The dysfunctional system of European fiscal governance should be dismantled; fiscal responsibility should be returned to member states; and, to minimize the risk of excessive future lending, private
lenders
should be required to bear the losses implied by unsustainable sovereign debt.
National fiscal sovereignty would facilitate the final crucial step: building a more mature relationship with private
lenders.
The eurozone was founded on the “no bailout” principle: if member states could not repay their debts,
lenders
would bear the losses.
But
lenders
chose – correctly, as it turned out – to disregard that threat.
As a result, these countries have condemned themselves to continued austerity, low growth, and high debt, while diminishing any future incentive for private
lenders
to impose fiscal discipline on sovereign borrowers.
Only by shifting the burden of responsibility back onto private
lenders
can debtor countries escape this quagmire.
But it has also faced harsh criticism, with some
lenders
being accused of profiteering.
Critics point to the string of economic crises in Africa, Asia, and Latin America in recent years, often attributing them to multilateral
lenders'
demands for full liberalization of foreign trade and capital flows, privatization, and fiscal austerity.
Indeed, thanks to ongoing grants and future loans from national aid agencies and multilateral
lenders
like the World Bank, most of the poor “debtor” countries look set to receive considerably more money than they pay back, with no end in sight.
The impetus for a big subprime market came from within the private sector: “innovation” by giant mortgage
lenders
like Countrywide, Ameriquest, and many others, backed by the big investment banks.
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