The German operations naturally generate a surplus of funds (given that savings in Germany far exceed investment on average).

This means that the fiscal authorities have a big responsibility to target a structural fiscal surplus that is high enough to generate the space needed for real exchange rate depreciation.

But access to cheap credit from state controlled banks creates an incentive for SOEs to generate surplus capacity, which increases systemic risk in the economy.

(c) The 2006 2007 transition period is projected to generate small losses from ongoing operations, but to turn around in 2008, generating a surplus of 1.97 million in 2008 and increasing annual surpluses thereafter.

Report generator programming languages take a description of the data format and the report to generate and from that they either generate the required report directly or they generate a program to generate the report.

(h) Surplus

It is obvious that Greece cannot pay back all of its debt. But it should also be obvious that Japan will never be able to generate a primary fiscal surplus large enough to repay its government debt in the normal sense of the word repay.

But the best new arrangement and possibly the only feasible one would follow an old formula as in the 1950 s and 1960 s, the US would set moderately positive and stable interest rates, with sufficient domestic saving to generate a (small) trade surplus.

They generate power by burning natural gas in a gas turbine and use residual heat to generate additional electricity from steam.

A common currency can help to generate such a narrative.

A multiplier of two would generate 480 billion of extra spending, compared to a multiplier of one, which would generate just the initial 240 billion.

China s Shrinking Trade Surplus

Saudi Arabia also has a bilateral and multilateral surplus Americans want its oil, and Saudis want fewer US products. Even in absolute value, Saudi Arabia s multilateral merchandise surplus of 212 billion in 2008 dwarfs China s 175 billion surplus as a percentage of GDP, Saudi Arabia s current account surplus, at 11.5 of GDP, is more than twice that of China.

Given that it has been running an investment income deficit, a trade surplus, and current account surplus, it seems that it should be classified as a debtor repayer.

They observed that each province in British India, including Burma, had a surplus of foodgrains, and the annual surplus was 5.16 million tons (Bhatia, 1970).

Booming tax receipts have provided the government with a fiscal surplus.

There are still a few million surplus workers in Central Asia.

The End of China s Surplus

As a result, the banks foreign exchange surplus reached 44.6 billion, rising 38 from February and marking the seventh consecutive month in which bank to client transactions created a surplus.

Until recently, the region maintained a trade surplus with the US, but with liberalization, the region will increase imports of more affordable goods, thereby turning the surplus into a deficit.

a Estimated considering air travel to generate 98.5 per cent of emissions from total transport and transport to generate 97.5 per cent of total emissions.

The problem has been compounded by the requirement that the Office not only be self financing but should also generate, from the minimal procurement business awarded to it, surplus income for financing inter agency services, which IAPWG members have acknowledged as valuable.

In spite of the crisis, Norway in 2009 still had a 9 state budget surplus, and was the only western country to run a surplus as of July of that year.

Moreover, none of these countries has a capital surplus of China s magnitude.

As a result, China s external surplus GDP ratio fell significantly in 2009.

Patriotism could generate business opportunities.

Indeed, Keynes believed that it was surplus countries, far more than deficit countries, that posed a threat to global prosperity he went so far as to recommend a tax on surplus countries.

The last surplus was in 1974.

(p) Surplus due to Member States

The power source often relies on chemical conversion to generate heat which is then used to generate power.

And the German government s commitment to fiscal consolidation enabled it to achieve a surplus last year by 2018, the fiscal surplus is expected to amount to 1.5 of GDP.

Banks geared up dramatically, in a competitive race to generate higher returns.

More recently, however, China has been running a large multilateral surplus as well.

SINGAPORE These days everyone seems to want to run a current account surplus.

And with that lower saving rate will come a smaller current account surplus.

What makes this perverse is that Germany runs a huge current account surplus.

China s growth currently relies on an undervalued currency and a huge trade surplus.

Surplus value is a central concept in Karl Marx's critique of political economy.

NATO has been involved in the destruction of a number of surplus stockpiles.

There is an enormous surplus of commanders.

(b) Surplus deficit position of the fund

With a trade surplus of 190 billion and the income from its nearly 3 trillion portfolio of foreign assets, China s external surplus stands at 316 billion, or 6.1 of annual GDP.

Since a country s current account surplus is the difference between its national saving and its national investment, China s current account surplus is likely to continue to shrink in the coming years.

China s current account surplus has declined, but now northern Europe runs a 500 billion surplus, while demand in southern Europe is collapsing and the US is running a deficit that is close to 500 billion.

As an immature debtor borrower, its trade balance and current account are also in deficit as a mature debtor borrower, its trade balance enters surplus and, as a debtor repayer, its current account moves to surplus.