Given there isn’t capital constraint, traditional system can guarantee enough capacity investment. That is why many countries adopted traditional system to some extents.
假设不存在资金约束,传统的垄断经营体制提供了一种能够保证足够的容量投资水平的机制,这是许多国家的电力工业不同程度地采用垂直一体化垄断经营体制的主要原因之一。
参考来源 - 基于产业均衡的容量电价政策研究·2,447,543篇论文数据，部分数据来源于NoteExpress
The plan to deal with problematic banks under capital constraint embodies the important role of capital constraint.
资本约束下问题银行处置方案体现了资本约束在界定处置模式中的重要作用。
He identified a shortage of credit as a big obstacle to growth and a shortage of capital in the banking system as the biggest constraint to increasing credit.
他指出信贷不足是经济增长的很大障碍，而银行系统资本金缺乏又是增加信贷的最大约束。
"Funding is as big a constraint on lending as capital is," notes Huw van Steenis, an analyst at Morgan Stanley.
“资金对放贷也是一个大的约束，就像资本那样”摩根·斯坦利的分析家Huw van Steenis说道。
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