過度貶值 的英文怎麼說
中文拼音 [guòdùbiǎnzhí]
過度貶值
英文
excess depreciation- 過 : 過Ⅰ動詞[口語] (超越) go beyond the limit; undue; excessiveⅡ名詞(姓氏) a surname
- 度 : 度動詞[書面語] (推測; 估計) surmise; estimate
- 貶 : 動詞1. (降低官職) degrade; demote; relegate 2. (降低價值) reduce; devalue 3. (給予不好的評價) censure; depreciate
- 過度 : excessive; over; undue; ana-; hyper-
- 貶值 : [經]1 (購買力下降) devalue; devaluate2 (兌換率下降) depreciate貶值貨幣[通幣] depreciated curr...
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1 the measure of indemnity in respect of claims for unrepaired damage shall be the reasonable depreciation in the market value of the vessel at the time this insurance terminates arising from such unrepaired damage but not exceeding the reasonable cost of repairs
1未修理的損害索賠的賠償限度,應為本保險終止時的船舶市場價值因此種未修理的損害引起的合理貶值,但不得超過合理的修理費用。The us dollar depreciated considerably more in the second quarter than in the first against major currencies, notably the euro and sterling but less so the yen, making possible some exchange gains
美元兌主要貨幣,特別是歐元及英鎊在第2季貶值的幅度遠超過第1季,兌日圓的幅度則較小,因而使外匯基金能錄得一些匯兌收益。And would these gains be short lived, if depreciation and inflation overshoot to the extent of requiring a substantial rise in interest rates to maintain currency stability, however the financial secretary chooses to define an alternative monetary policy objective
此外,若貨幣過度貶值及通脹急升,以致要大幅調高利率才能維持貨幣穩定,那麼無論財政司司長如何界定其貨幣政策目標,以上所提到的經濟利益會否只持續一段短時間呢?But from 1977 onwards an explosion in money growth and credit supply contributed to a deteriorating trade balance, a persistent depreciation of the currency, and double - digit inflation
然而,自1977年起,由於貨幣及信貸過度增長,導致貿易逆差擴大貨幣持續貶值,以及通脹高企在雙位數水平。First, the dissertation demonstrates that inflation target should be a reach round zero referring to the research on optimal inflation rate, that is to say, anti - deflation and anti - inflation are both the task of inflation targeting. second, the dissertation distinguishes good and bad deflation by exploring the aggregate demand and supply factors causing the price presentation, meanwhile, inflation targeting can avoid the economy be trapped into bad deflation by setting and implementing inflation target. third, the dissertation analyzes liquidity trap by comparing with deflation and points that depreciating money and adjusting economic structure are respectively short - term and long - term projects dealing with it
作者將「通貨緊縮」看作一種價格表現的同時,發掘造成這種價格持續下跌的表象背後的供求因素,在總供求分析的基礎上,指出「通貨緊縮」有「好」 「壞」之分,而「通貨膨脹目標制度」通過設定通貨膨脹目標區間,能夠及時阻止出現「壞」的通貨緊縮;作者區分了「通貨緊縮」和「流動性陷阱」 ,指出貨幣貶值和經濟結構調整分別是應對「流動性陷阱」的短期和長期方案。Its early completion is of course desirable. but the important question is whether a realignment of the exchange rate, brought about by whatever means - an appreciation of the rmb or a depreciation of the hong kong dollar - would necessarily be a benign one
調整過程可以及早結束當然是好事,但重要的問題是兩個貨幣間的匯率的改變幅度無論以人民幣升值或港元貶值的方式來達致是否一定溫和?Although the time profile of the adjustment process is different, as is the degree of short - term pain involved, internal adjustment arguably leaves the economy leaner and fitter than it would if everyone could simply depend on depreciation to see them right
盡管調整過程的時序有所不同,就如所引起的短暫痛楚的程度也有所不同一樣,但假如貶值就能解決所有問題,那麼內部調整似乎比貨幣貶值更能夠令經濟變得精簡和有效率。The paper examined how economic adjustment had taken place under hong kongs linked exchange rate system in contrast to the adjustment through currency depreciation in many of the other crisis - hit economies, taking into account the general principle that, under a fixed exchange rate system, competitiveness is restored through productivity increases or through internal price restructuring
該文件探討香港在聯系匯率制度下的經濟調整過程與很多其他受金融危機打擊的經濟體系透過貨幣貶值作出經濟調整大不相同,並考慮到固定匯率制度下透過提高生產力或重組內部價格結構以重拾競爭力的一般原則。What the doomsters refused to recognise, despite the compelling evidence of the preceding one - and - a - half decades of the same fixed exchange rate system, was that hong kong has a highly flexible internal cost - price structure, which can quite quickly deliver the same external relative price adjustment as a currency devaluation
盡管香港在過去十多二十年同樣是奉行固定匯率制度,但有些人總是要說香港的匯率制度會崩潰,不肯承認香港具備非常靈活的內部成本與價格結構這個事實,貨幣貶值所產生的外在相對價格調整的效果,香港也能迅速做到。Cause of deflation. it is the counterpart of currency depreciation under a floating regime, with the exception that it tends to involve less instability, less overshooting, but also, understandably, less instant adjustment to changing economic conditions
兩者不同的地方是,在通縮的壓力下,聯匯制度下的調節機制對經濟造成不穩定及過度調整的情況會比較緩和,但在面對不斷轉變的經濟狀況,所作的調整亦當然不及貨幣貶值來得迅速。分享友人