Examples of using Debt crises in English and their translations into Chinese
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Political
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Ecclesiastic
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Programming
Possible arrangements to deal with debt crises involving a multitude of private sector lenders, such as that in Argentina, are now under discussion.
It almost triggered sovereign debt crises in Portugal, Italy, Ireland, and Spain.
The international community has adopted and repeatedly strengthened a comprehensive framework for resolving sovereign debt crises in a group of heavily indebted poor countries(HIPC).
External debt problems were no longer confined to developing countries, and debt crises in systemically important countries threatened global financial stability.
Further discussion and consensus-building around that set of principles would help prevent debt crises in the future.
Now it is hoped investment from China will generate the necessary jobs and revenues for countries to avoid infrastructure-induced debt crises.
Given the size of sovereign debt generally held by the banking system, sovereign debt crises can trigger bank runs and/or banking crises, potentially leading to regional or global contagion.
In his new book,“A Template for Understanding Big Debt Crises,” Dalio is trying to remind investors and policy makers that economic cycles are unavoidable.
To prevent debt crises and ensure debt sustainability, it was critical to improve the system for monitoring the borrowing policies of the corporate sector and the largely State-owned banks.
Sovereign debt crises severely impede nations' efforts to finance sustainable development, with debt crises often leading to a spiral of capital flight, devaluations, rising interest rates and unemployment.
Sovereign debt crises were also always preceded or followed by a financial, banking or other type of crisis, such that their importance was magnified on every occasion.
In short, there is much in how countries should handle debt crises that warrants further study in all appropriate forums(see A/58/216, para. 137).
The focus of the conference was international economic and debt crises, drugs, crime, cultural degeneration and racism, education and health, reparations, the environment, poverty reduction and HIV/AIDS.
At the same time, as agreed in the Monterrey Consensus, creditors share responsibility with the sovereign debtor to prevent and resolve debt crises, including providing debt relief where appropriate.
He noted that, according to the Survey, the overall investment in a people-centred policy package was affordable and would not lead to runaway inflation or public debt crises.
This situation has led to debt crises in almost every developing country, necessitating alleviation or renegotiation of their debt without any lasting solutions being found.
The debt crises of Mexico in December 1994 and of Thailand, the Republic of Korea and Indonesia in 1997 provide a diverse set of experiences of debt crisis handling.
Given the possibility of further potentially disruptive debt crises, the international community should make serious efforts to work towards a framework for timely, orderly and fair restructurings of sovereign debt. .
Recent debt crises had again demonstrated that disorderly debt restructurings could lead to the costly socializing of private debt, subsequent economic distress and significant human suffering.
The combined effect of financial bailouts and recession has led to rising public deficits, triggering sovereign debt crises in some countries and stalling the recovery in others.