Too much debt, or badly structured debt, can distort investment incentives and lead eventually to disinvestment. 过多的债务或是债务结构不良都可能破坏投资的兴趣,而最终导致投资减少。
disinvestment
[ noun ] the withdrawal of capital from a country or corporation <noun.act>
Mr. de Kock says South Africa has adjusted to the fact that sanctions and disinvestment pressures won't go away, and that access to important markets will remain limited.
"We're seeing disinvestment at this point," Mr. Ohmura said, citing heavy sales of financial futures contracts since May among Daiwa's institutional clients in Japan.
Jacques Franken, industrial relations manager for Mobil's South African operation, said Tuesday that the South African management had informed the union about the disinvestment as soon as the news was received from U.S. headquarters.
The second round of the so-called disinvestment program follows the December sale for about $570 million of stock in 31 firms to eight mutual funds owned by state financial institutions.
The black chemical workers union has filed suit to stop the sale of Mobil Corp. assets in South Africa until it negotiates a disinvestment procedure, the union said Saturday.
It has since rallied, and closed at 1,026 yesterday. Also relevant have been the fall in disinvestment, an absence of big rights issues and no majorprivatisations.
Apartheid, sanctions, disinvestment, political uncertainty, violence and mass action have taken their toll on the economy and continue to do so.
The disinvestment legislation has its roots in the economic sanctions voted by Congress in 1986.