deficit finance

简明释义

赤字财政

英英释义

例句

1.Using deficit finance can lead to increased national debt if not managed properly.

如果管理不当，使用赤字财政可能会导致国债增加。

2.Many economists argue that deficit finance can stimulate economic growth during a recession.

许多经济学家认为，赤字财政可以在经济衰退期间刺激经济增长。

3.The country implemented deficit finance to combat the effects of the pandemic.

该国实施了赤字财政以应对疫情的影响。

4.Critics of deficit finance warn that it may lead to inflation in the long run.

批评赤字财政的人警告说，这可能会在长期内导致通货膨胀。

5.The government resorted to deficit finance to fund the new infrastructure projects.

政府采用赤字财政来资助新的基础设施项目。

作文

Deficit finance is a term used to describe a situation where a government spends more money than it receives in revenue. This practice can be both beneficial and harmful, depending on how it is managed and the economic context in which it is applied. In this essay, I will explore the concept of deficit finance (赤字财政), its implications, and its role in modern economies.Governments often resort to deficit finance (赤字财政) during times of economic downturn or crisis. For instance, during a recession, tax revenues typically decrease due to reduced consumer spending and lower business profits. In such cases, governments may increase their spending to stimulate the economy. By investing in infrastructure projects, education, and social services, they aim to create jobs and boost economic growth. This approach can help mitigate the effects of a recession and lay the groundwork for future prosperity.However, while deficit finance (赤字财政) can provide short-term relief, it also carries long-term risks. Accumulating debt can lead to higher interest rates, which may crowd out private investment. Furthermore, if a government continually runs deficits without a clear plan for repayment, it can undermine investor confidence, leading to a potential fiscal crisis. Countries with high levels of debt may face challenges in borrowing money or may have to pay higher interest rates to attract investors.The effectiveness of deficit finance (赤字财政) largely depends on the economic environment and the specific policies implemented. For example, during the COVID-19 pandemic, many governments around the world adopted deficit financing strategies to support their economies. Stimulus packages were introduced to help businesses and individuals cope with the financial impacts of lockdowns and restrictions. In this context, deficit finance (赤字财政) was seen as a necessary tool to prevent a deeper economic crisis.Moreover, the nature of government spending matters. Investments that yield long-term returns, such as infrastructure improvements or education, can justify the use of deficit finance (赤字财政). Conversely, excessive spending on non-productive areas can lead to waste and inefficiency. Therefore, it is crucial for governments to prioritize their spending and ensure that borrowed funds are used effectively.In conclusion, deficit finance (赤字财政) is a complex and multifaceted concept that plays a significant role in modern economic policy. While it can provide essential support during challenging times, it must be approached with caution. Balancing the need for immediate economic stimulus with the long-term implications of rising debt is a critical challenge for policymakers. Ultimately, the success of deficit finance (赤字财政) hinges on responsible management and strategic planning to foster sustainable economic growth.

赤字财政是一个用来描述政府支出超过收入的情况的术语。这种做法在管理得当和适应经济背景时可以是有益的，也可能是有害的。在这篇文章中，我将探讨赤字财政的概念（deficit finance）、其影响以及其在现代经济中的作用。政府通常在经济衰退或危机时期采取赤字财政。例如，在经济衰退期间，由于消费者支出减少和企业利润下降，税收收入通常会下降。在这种情况下，政府可能会增加支出来刺激经济。通过投资基础设施项目、教育和社会服务，他们旨在创造就业机会并促进经济增长。这种方法可以帮助减轻衰退的影响，并为未来的繁荣奠定基础。然而，虽然赤字财政可以提供短期救济，但它也带来了长期风险。积累债务可能导致利率上升，这可能挤出私人投资。此外，如果政府持续运行赤字而没有明确的偿还计划，可能会削弱投资者信心，导致潜在的财政危机。负债水平高的国家可能在借款时面临挑战，或者可能需要支付更高的利率以吸引投资者。赤字财政的有效性在很大程度上取决于经济环境和具体实施的政策。例如，在新冠疫情期间，世界许多国家都采用了赤字融资策略来支持经济。刺激方案被引入，以帮助企业和个人应对封锁和限制所带来的财务影响。在这种背景下，赤字财政被视为防止更深经济危机的必要工具。此外，政府支出的性质也很重要。产生长期回报的投资，例如基础设施改善或教育，可以证明使用赤字财政是合理的。相反，过度支出在非生产性领域可能导致浪费和低效。因此，政府必须优先考虑支出，确保借入资金得到有效利用。总之，赤字财政是一个复杂而多面的概念，在现代经济政策中发挥着重要作用。虽然它可以在困难时期提供必要的支持，但必须谨慎处理。平衡对即时经济刺激的需求与不断上升的债务的长期影响是政策制定者面临的关键挑战。最终，赤字财政的成功依赖于负责任的管理和战略规划，以促进可持续的经济增长。