These reforms include measures to remove labor market rigidities while also accelerating the repair of banks balance sheets.

Household balance sheets are weaker.

This situation is largely the result of predictable post crisis economic dynamics, as firms and households in advanced countries repair their balance sheets.

After expeditiously restoring confidence in the banks by forcing them to undergo severe stress tests, they gave households time to repair their balance sheets.

Without such knowledge, technical terms like balance sheet recession and rebuilding balance sheets are meaningless.

Copies of food balance sheets from OECD countries are sent to FAO for use by the Statistics Division in making up Food Balance Sheets and related publications.

Indeed, balance sheet repair has barely begun for US households.

Meanwhile, the asset side of states balance sheets remains largely invisible.

I think when I originally did the videos on balance sheets,

Yet, on both counts, balance sheet repair has only just begun.

These investments can stabilize financing for governments while strengthening banks balance sheets.

Spanish banks have 7 equity capital on average on their balance sheets.

MILAN Until recently, relatively little attention was paid to states balance sheets.

CHICAGO World growth is likely to remain subdued over the next few years, with industrial countries struggling to repair household and government balance sheets, and emerging markets weaning themselves off of industrial country demand.

That should hardly be surprising in an era of balance sheet repair.

At the moment, Europe s banks desperately need to shore up their balance sheets.

Bigger companies, with more complex balance sheets, have more places to hide them.

And no decisive policy action aimed at healing private balance sheets appears imminent.

But almost all of the reserves sit idle on commercial banks balance sheets.

And balance sheets, as you see, they were useful even in primitive cultures.

This spring will show the necessary write offs in the annual balance sheets, but the full truth will not become known before the 2008 balance sheets are published in the spring of 2009.

The holes in financial institutions balance sheets should be filled in a transparent way.

Central banks have expanding balance sheets, but prices continue to fall and uncertainty rises.

First, public and private sector balance sheets in most emerging economies are relatively clean.

In some cases, funding challenges remain, and balance sheets have not been fully cleansed.

EEC countries send copies of Eurostat questionnaires on food supply balance sheets to OECD.

Banks balance sheets would receive an immediate boost, as would the heavily indebted countries budgets.

The evolution of the crisis has, however, thrown European banks balance sheets into sharp focus.

Rebuilding the depleted balance sheets of the banking system is the right way to go.

The emerging economies generally have the policy instruments, balance sheets, and expertise to respond effectively.

Accordingly, even countries with sound balance sheets and manageable leverage have experienced a growth slowdown.

The good collateral meant that banks could hold these debts at par on their balance sheets.

Why, then, did local government balance sheets swing from surplus to deficit over the same period?

True, asset prices have recovered enough to help balance sheets, but probably not enough to help consumption. The impact on consumption will largely have to wait until balance sheets, for both households and businesses, are more fully repaired.

These are an anemic, below trend, U shaped recovery in advanced economies, as firms and households continue to repair their balance sheets a stronger, V shaped recovery in emerging market countries, owing to stronger macroeconomic, financial, and policy fundamentals.

A second problem with tax cuts is that they might well have only a limited impact on demand in the short run, with the private sector hoarding a significant share of the funds to repair badly over leveraged balance sheets.

Sadly, most American households are still far from recovery on the asset side of their balance sheets.

True, asset prices have recovered enough to help balance sheets, but probably not enough to help consumption.

At this point, any improvement in consumer balance sheets would directly stimulate the economy and create jobs.

But this parallel fails to recognize the fact that balance sheets remain far more impaired this time.

An important question, therefore, is to judge the balance between stimulated cellular repair and residual damage.

This does not mean that recovery of households balance sheets can be ignored in the post crisis period.

The bad loans, in turn, have created massive holes in banks balance sheets, which have to be repaired.

The US crisis promptly turned into a global meltdown thanks to the commingling of balance sheets across jurisdictions.

An unwillingness to lend and expensive loans in foreign currencies are a real burden to eastern balance sheets.