external borrowing transactions

简明释义

国外借贷交易

英英释义

例句

1.Investors are cautious about external borrowing transactions when assessing a country's credit risk.

投资者在评估一个国家的信用风险时，对外部借款交易持谨慎态度。

2.The central bank monitors external borrowing transactions to maintain economic stability.

中央银行监测外部借款交易以维持经济稳定。

3.During the financial crisis, many nations had to restructure their external borrowing transactions.

在金融危机期间，许多国家不得不重组其外部借款交易。

4.The government reported a rise in external borrowing transactions due to increased funding needs.

政府报告称，由于资金需求增加，外部借款交易有所上升。

5.Companies often engage in external borrowing transactions to finance their expansion plans.

公司通常进行外部借款交易以融资其扩张计划。

作文

In today's globalized economy, nations often engage in various financial activities to manage their resources effectively. One significant aspect of this financial management is external borrowing transactions, which refer to the process through which a country borrows funds from foreign lenders or international financial institutions. This practice can be crucial for developing nations seeking to finance infrastructure projects, stimulate economic growth, or stabilize their economies during challenging times. However, it is essential to understand both the advantages and disadvantages associated with external borrowing transactions to make informed financial decisions.Firstly, external borrowing transactions can provide immediate access to capital that may not be available domestically. For instance, a country may require substantial funds to build roads, schools, or hospitals. By borrowing from external sources, the government can expedite these projects, leading to job creation and improved public services. Furthermore, foreign loans often come with lower interest rates compared to domestic borrowing, making them an attractive option for many countries.Moreover, engaging in external borrowing transactions can help countries strengthen their relationships with international lenders and investors. By demonstrating a commitment to repay loans, nations can build a positive credit history, which may lead to more favorable borrowing terms in the future. This can also attract foreign direct investment, as investors are often more willing to invest in countries that have a stable financial environment and a track record of honoring their debts.However, there are potential risks associated with external borrowing transactions. One major concern is the possibility of becoming overly reliant on foreign debt. If a country borrows excessively, it may find itself in a situation where it struggles to meet its repayment obligations. This can lead to a debt crisis, where the government must implement austerity measures, cutting public spending and potentially harming economic growth.Additionally, fluctuations in exchange rates can significantly impact the cost of servicing foreign debt. If a country's currency depreciates, the cost of repaying loans denominated in foreign currencies can increase dramatically, putting further strain on the national budget. As a result, governments must carefully assess their capacity to manage foreign debt before engaging in external borrowing transactions.Another critical aspect to consider is the purpose of the borrowed funds. While some external borrowing transactions are used for productive investments that generate economic returns, others may be allocated to cover budget deficits or fund unproductive expenditures. This misallocation can exacerbate the negative consequences of borrowing, leading to a cycle of debt without tangible benefits for the economy.In conclusion, external borrowing transactions play a vital role in the financial landscape of many countries, particularly those in need of capital for development. While they offer opportunities for growth and improved public services, it is crucial for governments to approach such transactions with caution. A balanced strategy that includes prudent borrowing practices, careful assessment of repayment capabilities, and a focus on productive investments can help countries navigate the complexities of external borrowing transactions and achieve sustainable economic development.

在当今全球化经济中，各国经常参与各种金融活动，以有效管理其资源。其中一个重要方面是外部借款交易，指的是一个国家向外国贷款人或国际金融机构借款的过程。这一做法对寻求为基础设施项目融资、刺激经济增长或在困难时期稳定经济的发展中国家尤为重要。然而，理解与外部借款交易相关的优缺点对于做出明智的金融决策至关重要。首先，外部借款交易可以提供即时获得国内可能没有的资金。例如，一个国家可能需要大量资金来建设道路、学校或医院。通过从外部来源借款，政府可以加快这些项目的进展，从而创造就业机会并改善公共服务。此外，与国内借款相比，外国贷款通常利率较低，使其成为许多国家的吸引选项。此外，参与外部借款交易可以帮助国家加强与国际贷款人和投资者的关系。通过展示偿还贷款的承诺，各国可以建立良好的信用记录，这可能在未来导致更有利的借款条件。这也可以吸引外国直接投资，因为投资者通常更愿意投资于拥有稳定金融环境和履行债务记录的国家。然而，外部借款交易也存在潜在风险。一个主要问题是过度依赖外国债务的可能性。如果一个国家借款过多，可能会发现自己在偿还义务方面陷入困境。这可能导致债务危机，政府必须实施紧缩措施，削减公共支出，从而可能损害经济增长。此外，汇率波动可能会显著影响偿还外债的成本。如果一个国家的货币贬值，以外币计价的贷款的偿还成本可能会急剧上升，给国家预算带来进一步压力。因此，政府在进行外部借款交易之前，必须仔细评估其管理外债的能力。另一个关键方面是借款资金的用途。虽然一些外部借款交易用于产生经济回报的生产性投资，但其他借款可能用于覆盖预算赤字或资助非生产性支出。这种错误配置可能加剧借款的负面后果，导致债务循环而没有为经济带来实质性收益。总之，外部借款交易在许多国家的金融格局中发挥着重要作用，特别是那些需要发展资本的国家。虽然它们为增长和改善公共服务提供了机会，但各国政府在进行此类交易时必须谨慎。包括审慎借款实践、仔细评估偿还能力以及关注生产性投资的平衡策略，可以帮助各国应对外部借款交易的复杂性，实现可持续经济发展。