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Periphery in sentence

495 examples of Periphery in a sentence

Third, while ECB policies keep borrowing costs lower, private and public debt in the periphery countries, as a share of GDP, is high and still rising, because the denominator of the debt ratio – nominal GDP – is barely increasing.
Thus, higher German spending will not offset the impact of additional austerity in the periphery or the significant shortfall expected for the three-year, €300 billion ($325 billion) investment plan unveiled by European Commission President Jean-Claude Juncker.
Indeed, as the euro weakens, the periphery countries’ external accounts have swung from deficit to balance and, increasingly, to surplus.
But would it have erupted the way it recently did had Europe not mishandled the eurozone crisis since 2010, imposing quasi-permanent stagnation on Spain and the rest of the European periphery while setting the stage for xenophobia and moral panic when refugees began crossing Europe’s external borders?
In Europe, concerns about domestic income inequality, though more muted, are compounded by angst about inequality between countries, as Germany roars ahead while the southern periphery stalls.
That, in a nutshell, is the fundamental eurozone dilemma: the periphery needs financing as it adjusts, while Germany, pointing to the post-euro experience, says that it cannot trust countries to reform once they get the money.
The Germans have been insisting on institutional change – more centralized eurozone control over periphery banks and government budgets in exchange for expanded access to financing for the periphery.
This partly explains both the hostile stance toward QE adopted in the German financial press and the over-indebted periphery countries’ increasingly desperate calls for more action by the ECB.
Moreover, unemployment in the eurozone has skyrocketed to an average rate of roughly 12%, with more than 50% youth unemployment in the periphery countries implying a long-term loss of talent and erosion of the tax base.
German leaders must acknowledge that their country’s banks are dangerously exposed to the debts of the eurozone periphery.
A debt crisis that erupted in Greece, the eurozone’s outer periphery, has migrated with a vengeance towards the core, so much so that the survival of the eurozone itself is at stake.
The main reason for the gap is the difference in private consumption, which grew in the US, but fell in the eurozone, especially in its periphery.
Though the financial-market tensions that accompanied the euro crisis had a strong negative impact on investment in the eurozone periphery, investment demand has also remained weak in the US, minimizing the overall difference.
Of course, there has also been a surge of bankruptcies in the eurozone’s periphery.
There are structural reasons for the eurozone economy’s slow recovery from the financial meltdown in its periphery.
The result, however, is quite predictable: soaring risk premia throughout the periphery.
One also cannot forget the mounting geopolitical and humanitarian challenges on the EU’s periphery.
The implementation of austerity policies in the periphery has caused these countries to ask for help and request that Germany take the lead by putting more money on the European table.
Central Europeans must understand that moving to Europe’s periphery will harm their own vital interests, by undermining their ability to influence the future of the continent.
No one has more to gain from a divided Europe than Russian President Vladimir Putin, who has long sought to disrupt the EU by destabilizing countries on its eastern periphery.
It is hard to see how European countries can indefinitely avoid recourse to the full debt toolkit, especially to repair the fragile economies of the eurozone’s periphery.
It is high time for a conversation on debt relief for the entire eurozone periphery.
But fiscal austerity will envelop most advanced economies this year, rather than just the eurozone periphery and the United Kingdom.
Global financial markets suck most of the world's savings to the center, but they fail to pump money back out to the periphery.
Indeed, since 1997, there has been a reverse flow of capital from countries on the poor periphery of the world economy to those in the wealthy center.
This may have been unfair, but at least it kept money flowing to the periphery.
There is nothing wrong with imposing market discipline on countries that follow unsound policies, but the risk-reward ratio for lending and investing has shifted too far against the periphery.
Thus, if reform on the eurozone’s periphery succeeds, both these economies and core countries will suffer from decreasing aggregate demand; if reform fails, either the deficits will continue to be financed, leading to further accumulation of external debt, or the entire eurozone will fall into depression, with sovereign debtors eventually defaulting on their liabilities.
There is no doubt that income inequality is the single biggest threat to social stability around the world, whether it is in the United States, the European periphery, or China.
Most of the eurozone remains mired in a severe recession – now spreading from the periphery to parts of the core.
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