selective credit controls

简明释义

局部信贷控制

英英释义

例句

1.Due to selective credit controls, certain industries received lower interest rates on loans.

由于实施了选择性信贷控制，某些行业的贷款利率降低。

2.Analysts believe that selective credit controls can stabilize the economy during a recession.

分析师认为，选择性信贷控制可以在经济衰退期间稳定经济。

3.Businesses in the construction sector were favored under the selective credit controls policy.

在选择性信贷控制政策下，建筑行业的企业受到优待。

4.The central bank implemented selective credit controls to manage inflation effectively.

中央银行实施了选择性信贷控制以有效管理通货膨胀。

5.The government announced selective credit controls to support small and medium enterprises (SMEs).

政府宣布实施选择性信贷控制以支持中小企业。

作文

In the realm of monetary policy, governments and central banks often employ various tools to regulate the economy. One such tool is known as selective credit controls, which refers to measures taken to influence the allocation of credit in specific sectors or industries rather than applying a blanket approach across the entire economy. These controls are designed to direct financial resources toward areas deemed essential for economic growth while simultaneously restraining credit flow to less productive sectors. The implementation of selective credit controls can be particularly useful during periods of economic instability or when certain industries require a boost to stimulate overall economic activity.For instance, during an economic downturn, a government may recognize that the construction sector is lagging behind and needs additional support to create jobs and spur growth. By implementing selective credit controls, the central bank could encourage banks to lend more to construction firms by lowering interest rates specifically for loans in that sector or by providing guarantees against defaults. This targeted approach ensures that funds are channeled into areas that will have a multiplier effect on the economy, potentially leading to job creation and increased consumer spending.Moreover, selective credit controls can help mitigate the risks associated with over-investment in certain areas. For example, if the real estate market is booming, a central bank might impose restrictions on lending for property purchases to prevent a bubble from forming. By doing so, they can maintain a balance in the economy, ensuring that capital flows to productive uses without creating excesses that could lead to financial crises.However, the use of selective credit controls is not without its challenges. Critics argue that such measures can lead to inefficiencies in the market. When the government dictates where credit should flow, it can distort natural market dynamics, leading to misallocation of resources. Furthermore, there is a risk that banks may become overly reliant on these controls, reducing their incentive to conduct thorough risk assessments on potential borrowers. This could ultimately undermine the stability of the financial system.Another concern is the potential for favoritism or corruption. If selective credit controls are not implemented transparently, there is a risk that certain industries or companies may receive preferential treatment, leading to an uneven playing field. This could stifle competition and innovation, ultimately harming the economy in the long run.In conclusion, while selective credit controls can serve as an effective tool for guiding economic growth and stability, they must be used judiciously. Policymakers need to strike a delicate balance between fostering growth in key sectors and allowing the market to function freely. By carefully monitoring the outcomes of these controls and remaining flexible in their approach, governments can harness the benefits of selective credit controls while minimizing their potential downsides. Ultimately, the goal should be to create a robust economic environment where resources are allocated efficiently, promoting sustainable growth for all sectors of the economy.

在货币政策领域，政府和中央银行通常会采用各种工具来调节经济。其中一种工具被称为选择性信贷控制，指的是采取措施影响特定行业或部门的信贷分配，而不是对整个经济采取统一的方法。这些控制旨在将金融资源引导到被认为对经济增长至关重要的领域，同时抑制流向生产效率较低部门的信贷流动。在经济不稳定时期或某些行业需要刺激以促进整体经济活动时，实施选择性信贷控制尤其有用。例如，在经济衰退期间，政府可能会意识到建筑行业滞后，需要额外支持以创造就业机会并刺激增长。通过实施选择性信贷控制，中央银行可以通过降低特定行业贷款的利率或提供违约担保来鼓励银行向建筑公司提供更多贷款。这种针对性的方式确保资金流向那些对经济有乘数效应的领域，可能导致就业创造和消费者支出增加。此外，选择性信贷控制还可以帮助缓解与某些领域过度投资相关的风险。例如，如果房地产市场正在蓬勃发展，中央银行可能会对房地产购买贷款施加限制，以防止泡沫形成。通过这样做，他们可以保持经济的平衡，确保资本流向富有生产性的用途，而不会造成可能导致金融危机的过剩。然而，使用选择性信贷控制并非没有挑战。批评者认为，这种措施可能导致市场效率低下。当政府决定信贷应该流向哪里时，可能会扭曲自然市场动态，导致资源的错误配置。此外，银行可能会过于依赖这些控制，减少对潜在借款人进行全面风险评估的动力。这最终可能削弱金融系统的稳定性。另一个关注点是偏袒或腐败的潜在风险。如果选择性信贷控制的实施不够透明，某些行业或公司可能会获得优待，从而导致竞争环境的不平等。这可能会抑制竞争和创新，最终在长期内损害经济。总之，虽然选择性信贷控制可以作为引导经济增长和稳定的有效工具，但必须谨慎使用。政策制定者需要在促进关键部门的增长和允许市场自由运作之间找到微妙的平衡。通过仔细监测这些控制的结果并保持灵活的应对，政府可以利用选择性信贷控制的好处，同时最小化其潜在的负面影响。最终，目标应该是创造一个强健的经济环境，使资源高效配置，促进所有部门的可持续增长。