更多的资金缓冲会有助于通过抵消债权人对于损失过多的担忧来降低举债成本。
And a bigger equity cushion should help to reduce the cost of debt by counteracting fears that debtholders are too exposed to losses.
经济自由权是公民租税义务之对价,对它的长期尊重和保护是一个国家大规模行使举债权的前提。
Freedom to gain economic benefits is the price of tax. Long term respect and protection of it is a precondition of macro-scale public debts issued by the government.
经济自由权是公民租税义务之对价,对它的长期尊重和保护是一个国家大规模行使举债权的前提。
Freedom to gain economic benefits is the price of tax. Long term respect and protection of it is a precondition of macro-scale public debts issued by the government.
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