Not exact matches
Keep the budget balanced or
run a small
surplus, then have a «rainy day»
fund for emergencies.
Countries wanting to
run a trade
surplus will find it more difficult to do so because they will be
funding their competition in the USA.
The Social Security trust
fund ended 2016 with $ 2.85 billion in reserves, and the program is expected to
run a modest
surplus in every year through 2022.
In the 19th Century England and the United States played these two roles, with excess English savings pouring into the United States to
fund growth in history's most successful emerging market, and while the British
ran persistent trade
surpluses, and the US
ran persistent trade deficits, both countries got richer.
The United States during this period
ran large trade
surpluses and capital account deficits as it exported its excess savings to
fund its net exports while the growth of its trading partners was constrained by their urgent investment needs.
The UK is now
running a
surplus of # 3.8 bn in its current budget - the money borrowed to
fund day - to - day spending rather than long - term investment - according to the Office for National Statistics figures.
However, the
funding is being spent from
surplus, meaning it will
run out Dec. 31, 2016.
Sovereign wealth
fund A sovereign wealth
fund is a state - owned
fund of the accumulated reserves that arise from
running a trade
surplus with other countries.