By contrast, countries that exported capital now enjoy an excess of liquidity because capital is shying away from saturated countries.

When there is no excess demand for cash, there will be no excess supply of the bonds and stocks that underpin and finance the economy s productive capital.

At the same time, since returns to capital are kept low by high wages, very little investment occurs. The excess of savings over investment flows abroad as capital exports.

What business wouldn t jump at investment opportunities yielding returns in excess of 10 if it could borrow capital as the US government can for less than 3 interest?

Or else they can wait until the overhang of excess capacity diminishes, capital goods become obsolete, and the economy s internal restorative forces work their gradual magic.

This implies that the pre crisis level of GDP simply was not sustainable, as it required capital inflows in excess of 20 of GDP to finance outsize consumption and construction booms.

Or perhaps the low cost of international capital will entice the US to absorb some of the world s excess savings, triggering a new period of global expansion.

Mill saw that excess demand for some particular set of assets in financial markets was mirrored by excess supply of goods and services in product markets, which in turn generated excess supply of workers in labor markets.

China s Excess Capacity Nightmare

The small excess of quarks over antiquarks led to a small excess of baryons over antibaryons.

(c) Interest income in excess of the budgetary estimates

A tax on oil, however, does not entail excess burdens. On the contrary, it implies excess benefits .

But, because there were insufficient outlets for real investment in countries that already had all the capital they could use, cheap money proved to be a dysfunctional way of dealing with the problem of excess saving.

If you relieved the excess demand for financial assets, you also cured the excess supply of goods and services (the shortfall of aggregate demand) and the excess supply of labor (mass unemployment).

Access is good excess is bad.

The sound principle is excess collateral.

In 1998, excess capacity was estimated to be 275 Mt. worldwide.

Excess of authority or contravention of instructions

The implication of this was clear. If you relieved the excess demand for financial assets, you also cured the excess supply of goods and services (the shortfall of aggregate demand) and the excess supply of labor (mass unemployment).

One cannot really claim that the world is flat when a typical African receives investment in his or her human capital of a few hundred dollars, while rich Americans get a gift from their parents and society in excess of a half million dollars.

Saving. A domestic saving rate in excess of 50 has served China well.

In normal times, there are valid reasons for paying interest on excess reserves.

According to government statistics, there were 15 million excess deaths in this period.

Rather, it will increase banks excess reserve balances.

(d) Net excess (shortfall) of income over expenditure

Purchase orders cannot be processed unless they pass through the budget check function, which does not permit expenditure in excess of the project budget for that accounting period, or in excess of cash received.

But, whether caused by an excess of cable television, or an excess of debates themselves, this silly season has seemed especially prolonged, even frightening.

China s excess capacity problem reveals a serious defect in its socialist market economy.

This excess supply of credit results in additional consumption and investment, triggering a boom.

Previous recessions were often characterized by excess inventory accumulation and overinvestment in business equipment.

That leaves a huge sum of excess liquidity sloshing around in global asset markets.

Unpaid assessments for peacekeeping operations were lower, although still in excess of 2.1 billion.

But this excess growth has not been evenly spread.

Despite all this, massive excess bank reserves remain unlent.

Indeed, without adequate regulation, they are prone to excess.

The craving for excess wealth kept you people neglectful .

The craving for excess wealth kept you people neglectful .

The total death toll was 270,000 in three years, about 150,000 in excess of normal mortality.

The excess of national saving over investment not only permits Japan to be a capital exporter, but also contributes along with the mild deflation that Japan continues to experience to the low level of Japanese long term interest rates.

The key is to reflect on six kinds of capital goods business capital, infrastructure, human capital, intellectual capital, natural capital, and social capital.

However, in humid climates much energy is required to remove excess moisture from ventilation air.

(vi) Expenditure in excess of appropriations as amended by duly authorized transfers within the budget

(vi) Expenditure in excess of appropriations as amended by duly authorized transfers within the budget

Instead, banks have hoarded the increase in the monetary base in the form of idle excess reserves.

But the ways in which modern societies handle excess, whether in people s diets or lifestyles, merit reflection.