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You improve aggregate demand, and incomes will rise, as will the borrowers' capacity to borrow.
But, in each case, the monetary transmission mechanism has many possible channels, such as influencing lenders' willingness to lend, borrowers' capacity to borrow, asset prices, and exchange rates.
That means the government has a lot of capacity to borrow money and bail out troubled borrowers.
As with other capital-intensive businesses it is a hard sector to enter without the capacity to borrow.
The European Union is the only sovereign entity without the capacity to borrow in private markets by issuing treasury bonds.
The paper also explores the determinants of a country's capacity to borrow at home at long duration and in local currency.
Similar(31)
The point of the exercise for adult Muslims, who are healthy and able, is to develop a regimen of self-restraint and to inculcate a capacity to, borrowing a term from Plato, control one's appetites.
Lucky for us that the rest of the country, even in a slide of doubt, is full of people who believe that we still have something in our shared opportunity commensurate with our capacity to wonder, to borrow from F. Scott Fitzgerald.
Now comes news from a University of South Florida scientist that a sea slug has developed the capacity to keep borrowed chlorophyll-producing cells alive and working in its own body after a single meal of its favorite algae. 5.
In fact, customer demand is so strong that the company needs to borrow capacity from China Unicom and China Telecom to keep up.
However, the authors argue thatthe capacity of the public sector to borrow is not unlimited.
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