external borrowing

简明释义

国外借款

英英释义

例句

1.To stabilize the economy, the central bank monitored external borrowing closely.

为了稳定经济，中央银行密切监测外部借款。

2.The company relied on external borrowing to expand its operations overseas.

该公司依靠外部借款来扩展其海外业务。

3.High levels of external borrowing can lead to increased debt risks for developing countries.

高水平的外部借款可能会导致发展中国家的债务风险增加。

4.Investors are wary of nations with high external borrowing as it may indicate financial instability.

投资者对高外部借款的国家持谨慎态度，因为这可能表明金融不稳定。

5.The government decided to increase its external borrowing to finance infrastructure projects.

政府决定增加其外部借款以资助基础设施项目。

作文

In today's globalized economy, many countries rely on various financial strategies to stimulate growth and maintain stability. One such strategy is external borrowing, which refers to the practice of obtaining funds from foreign sources to finance domestic projects or manage national debts. This approach can be beneficial, but it also comes with its own set of challenges. Firstly, external borrowing can provide a country with immediate access to capital that may not be available through domestic means. For instance, developing nations often lack sufficient savings or investment to fund large infrastructure projects. By seeking loans from international institutions or foreign governments, these countries can acquire the necessary resources to build roads, hospitals, and schools, thus fostering economic development. The influx of foreign capital can also create jobs and stimulate local economies, leading to an overall improvement in living standards. However, while external borrowing can offer significant advantages, it is essential to consider the potential risks associated with this practice. One major concern is the burden of debt repayment. When a country borrows from external sources, it must ensure that it can meet its repayment obligations, which often come with interest. Failure to repay loans can lead to severe financial crises, loss of credibility in international markets, and even the possibility of default. Countries that rely heavily on external borrowing may find themselves trapped in a cycle of debt, where they must borrow more to pay off existing loans, ultimately jeopardizing their economic sovereignty. Moreover, external borrowing can expose countries to fluctuations in foreign exchange rates. If a nation borrows in a foreign currency and its value rises against the local currency, the cost of repayment can increase dramatically. This situation can strain national budgets and divert funds away from essential services such as education and healthcare. Therefore, it is crucial for countries to carefully assess their borrowing strategies and consider the implications of external borrowing on their long-term financial health. Additionally, the terms of external borrowing can vary significantly depending on the lender and the nature of the loan. Some loans may come with strict conditions attached, such as implementing specific economic reforms or austerity measures. These requirements can limit a country's policy options and lead to social unrest if citizens perceive that their government is prioritizing debt repayment over public welfare. In conclusion, external borrowing can be a double-edged sword for nations seeking to finance development and manage their economies. While it offers a pathway to immediate funding and growth, it also poses risks related to debt sustainability, currency fluctuations, and potential loss of autonomy. As such, governments must approach external borrowing with caution, ensuring that they have robust frameworks in place to manage debt effectively and safeguard their economic futures. Ultimately, the key lies in striking a balance between leveraging foreign capital and maintaining fiscal responsibility to promote sustainable growth.

在当今全球化经济中，许多国家依赖各种金融策略来刺激增长和维持稳定。其中一种策略是外部借贷，指的是从外国来源获取资金以资助国内项目或管理国家债务的做法。这种方法可能是有益的，但它也带来了自身的一系列挑战。首先，外部借贷可以为一个国家提供立即获得资本的机会，这些资本可能通过国内途径无法获得。例如，发展中国家往往缺乏足够的储蓄或投资来资助大型基础设施项目。通过向国际机构或外国政府寻求贷款，这些国家可以获得必要的资源来建设道路、医院和学校，从而促进经济发展。外资的流入还可以创造就业机会，刺激地方经济，最终改善生活水平。然而，尽管外部借贷可以提供显著的优势，但必须考虑与这种做法相关的潜在风险。一个主要的担忧是债务偿还的负担。当一个国家从外部来源借款时，必须确保能够满足偿还义务，这通常伴随着利息。如果未能偿还贷款，可能会导致严重的金融危机、在国际市场上的信誉丧失，甚至可能面临违约。依赖过多外部借贷的国家可能发现自己陷入债务循环，必须借款以偿还现有贷款，最终危及其经济主权。此外，外部借贷可能使国家暴露于外汇汇率波动的风险。如果一个国家以外币借款，而其价值相对于本国货币上涨，则偿还成本可能会大幅增加。这种情况可能会给国家预算带来压力，并将资金从教育和医疗等基本服务中转移出去。因此，各国必须仔细评估其借款策略，并考虑外部借贷对其长期财务健康的影响。此外，外部借贷的条款可能因贷方和贷款性质而异。一些贷款可能附带严格的条件，例如实施特定的经济改革或紧缩措施。这些要求可能限制一个国家的政策选择，并在公民认为政府优先偿还债务而非公共福利时导致社会动荡。总之，外部借贷对于寻求融资发展的国家而言，既是一把双刃剑。虽然它提供了获取即时资金和增长的途径，但也带来了与债务可持续性、货币波动和潜在失去自主权相关的风险。因此，各国政府必须谨慎对待外部借贷，确保建立稳健的框架来有效管理债务并保护其经济未来。最终，关键在于在利用外部资本和维持财政责任之间取得平衡，以促进可持续增长。