By 2014 only two advanced economies-south Korea and norway-will have primary budget surpluses (before interest payments) big enough to ensure fiscal sustainability, according to the IMF's projections.

根据国际货币基金组织的预测，至2014年仅有的两个经济发达国家——韩国和挪威——基本预算盈余(支付利息前)将大到足以确保财政稳定。

youdao

Japan and Germany — two countries with perennial current account surpluses — illustrate the point.

日本和德国这两个长期维持经常项目盈余的国家便很好体现了这一点。

youdao

This didn't have to happen. We know this because the Plaza Accord targeted two countries with bulging current account surpluses. The other was pre-unification Germany.

这一切原本是可以避免的。我们之所以这么说，是因为《广场协议》针对的其实是两个经常账目盈余不断膨胀的国家。另一个就是统一前的德国。

youdao

The two mortgage lenders actually have capital surpluses--it's just that investors seem to think they need more.

FORBES: Rescuing Fannie And Freddie

Mr Chretien, on the other hand, insisted the time was right for a new mandate, following nearly seven years of austerity budgets, so Canadians could decide how to spend the budget surpluses of the past two years.

BBC: Jean Chretien: Veteran fighter

Gone are the large projected budget surpluses that Mr Bush inherited a little over two years ago.

ECONOMIST: Taxing times | The