| 词汇 | underinvestment |
| 释义 | underinvestment noun[ U ] FINANCEuk /ˌʌndərɪnˈvestmənt/us a situation in which less money is spent on something over a long period of time than is needed: These problems are the result of decades of underinvestment in the railways. Public infrastructure is suffering from chronic underinvestment. Examples of underinvestmentunderinvestment We analyze the role of foreign aid when enforcement of contracts is inadequate and underinvestment occurs as a result of this market failure. We focus on the implications of this "pure enforceability problem," where underinvestment occurs because of an unwillingness, rather than an inability, to pay. These subintervals correspond to the three possible equilibria for investment flows: autarky, underinvestment, and unconstrained optimal investment. Obviously, this situation will typically lead to underinvestment in the children's human capital. However, it seems plausible that it is a failure of public policy causing this underinvestment. Such a policy may still be associated with underinvestment in education if parents do not take the benefits accruing to their children fully into account. The result is significant underinvestment in village-level biomass stock, which is found to be an important factor of agricultural production. The burden of fifteen years of underinvestment and restrictions on consumption directed capital towards increased capacity, which became the faster track to normalisation and expansion. Because an effective supranational judicial system with the authority to enforce contracts is unlikely, we consider policy interventions that mitigate the underinvestment problem. When enforcement is imperfect and (1) binds, this causes > 0, and the well-known underinvestment result follows immediately. Cooperation to plan investment at the regional level and internalize regionally a larger share of the externalities is a logical approach to reducing underinvestment in research. That funding comes after 25 years of neglect and underinvestment in capital and current spending in the public services. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 The overwhelming picture of our transport system, however, is of a poor-quality infrastructure suffering from chronic underinvestment in all modes of transport. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 I see also the consequences of underinvestment, sometimes in the form of delays. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 There was underinvestment and rolling stock was in a chronic state in many instances. From the Hansard archive Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0 See all examples of underinvestment These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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