external borrowings

简明释义

外国债款

英英释义

例句

1.High levels of external borrowings 外部借款 can lead to economic instability if not managed properly.

如果管理不当，高水平的外部借款可能导致经济不稳定。

2.To fund the infrastructure projects, the city plans to secure external borrowings 外部借款 from international banks.

为了资助基础设施项目，该市计划从国际银行获得外部借款。

3.The report highlighted the risks associated with external borrowings 外部借款 during periods of economic downturn.

报告强调了在经济衰退期间与外部借款相关的风险。

4.The government's reliance on external borrowings 外部借款 has increased significantly over the past few years.

政府对外部借款的依赖在过去几年中显著增加。

5.The company opted for external borrowings 外部借款 to expand its operations overseas.

该公司选择了外部借款以扩大其海外业务。

作文

In today’s globalized economy, countries often rely on various financial strategies to sustain their growth and development. One such strategy is the use of external borrowings, which refers to the funds that a country borrows from foreign lenders or international financial institutions. These borrowings can take many forms, including loans, bonds, and credits, and they play a crucial role in financing public projects, infrastructure development, and other essential services that may not be fully funded by domestic resources. Understanding the implications of external borrowings is vital for both policymakers and citizens alike.Firstly, external borrowings can provide immediate access to capital that may not be available through local markets. For developing nations, this can be particularly beneficial as it allows them to invest in critical areas such as education, healthcare, and transportation. For instance, a country facing a budget deficit may seek external borrowings to fund the construction of a new hospital or school, which can have long-term positive effects on its population's well-being and economic productivity.However, while external borrowings can stimulate growth, they also come with risks. One major concern is the potential for increased debt burdens. If a country borrows excessively without a clear plan for repayment, it may find itself trapped in a cycle of debt that can lead to economic instability. This scenario often occurs in developing countries where economic fluctuations can significantly impact their ability to repay loans. Consequently, the reliance on external borrowings must be managed carefully to avoid jeopardizing the nation’s financial health.Additionally, external borrowings can lead to a loss of sovereignty over national economic policies. When countries take large loans from international financial institutions, they may be required to implement specific economic reforms or austerity measures as conditions for receiving the funds. This can create tension between the need for immediate financial support and the long-term goals of self-determination and sustainable development. Citizens may feel the impact of these policies directly, as they can lead to cuts in social services or increases in taxes.Moreover, the currency in which the external borrowings are denominated can also pose a risk. Countries that borrow in foreign currencies may face challenges if their own currency depreciates. This situation can make it more expensive to service debt, leading to further financial strain. For example, if a country borrows in US dollars and its local currency loses value against the dollar, the cost of repaying that debt escalates, potentially leading to default.In conclusion, while external borrowings can be a valuable tool for financing development and stimulating economic growth, they must be approached with caution. Policymakers need to strike a balance between utilizing these funds for immediate needs and ensuring that they do not compromise the long-term economic stability of the nation. A comprehensive strategy that includes careful planning, transparent governance, and an emphasis on sustainable development can help mitigate the risks associated with external borrowings. Ultimately, understanding the complexities of external borrowings is essential for fostering a resilient and thriving economy that benefits all citizens.

在当今全球化经济中，各国通常依赖各种金融策略来维持其增长和发展。其中一种策略是使用外部借款，指的是一个国家向外国贷方或国际金融机构借入的资金。这些借款可以采取多种形式，包括贷款、债券和信贷，对于资助公共项目、基础设施建设以及其他可能无法完全由国内资源资助的基本服务起着至关重要的作用。理解外部借款的影响对于政策制定者和公民来说都是至关重要的。首先，外部借款可以提供立即获取资本的机会，这在地方市场可能不可用。对于发展中国家而言，这尤其有利，因为它使他们能够投资于教育、医疗和交通等关键领域。例如，一个面临预算赤字的国家可能寻求外部借款来资助新医院或学校的建设，这可以对其人口的福祉和经济生产力产生长期积极影响。然而，尽管外部借款可以刺激增长，但它们也伴随着风险。一个主要的担忧是潜在的债务负担增加。如果一个国家过度借款而没有明确的偿还计划，它可能会发现自己陷入债务循环，这可能导致经济不稳定。这种情况通常发生在发展中国家，在这些国家，经济波动会显著影响其偿还贷款的能力。因此，依赖外部借款必须谨慎管理，以避免危及国家的财政健康。此外，外部借款可能导致国家经济政策主权的丧失。当国家从国际金融机构借入大笔贷款时，可能会被要求实施特定的经济改革或紧缩措施，作为获得资金的条件。这可能在急需财务支持与长期自决和可持续发展目标之间产生紧张关系。公民可能会直接感受到这些政策的影响，因为它们可能导致社会服务的削减或税收的增加。此外，外部借款以哪种货币计价也可能构成风险。以外币借款的国家，如果本国货币贬值，可能面临挑战。这种情况可能使债务服务成本增加，导致进一步的财务压力。例如，如果一个国家以美元借款，而其本国货币对美元贬值，那么偿还该债务的成本就会增加，可能导致违约。总之，虽然外部借款可以成为资助发展和刺激经济增长的宝贵工具，但必须谨慎对待。政策制定者需要在利用这些资金满足迫切需求与确保不妥协国家长期经济稳定之间找到平衡。包括仔细规划、透明治理和强调可持续发展的综合战略可以帮助减轻与外部借款相关的风险。最终，理解外部借款的复杂性对于促进一个韧性强、蓬勃发展的经济至关重要，以造福所有公民。