Accumulation
in sentence
359 examples of Accumulation in a sentence
Clearly, an autocratic regime is more favorable to the rapid
accumulation
of capital than a democratic one, and a prosperous country is more favorable to the development of democratic institutions than a destitute one.
So it is reasonable to envisage a pattern of development which goes from autocracy and capital
accumulation
to prosperity and democracy.
Until the nineteenth century, innovation was carried out mostly by generalists and tinkerers, which meant that the
accumulation
of new knowledge was slow, but that its diffusion across different fields was rapid.
In this context, the continued
accumulation
of foreign-exchange reserves is clearly counterproductive.
Of course, a clear immigration policy is needed in order to avoid the
accumulation
of illegal immigrants.
We economists were by and large capital boosters, and our magic formula for economic development was saving, investment, thrift, and wealth
accumulation.
But it is wrong to think that massive
accumulation
of debt is a free lunch.
Those agendas included, for example, steps to increase capital accumulation, such as by forcing retirement saving; efforts to boost government effectiveness; and measures to encourage more competitive dynamics in the domestic market.
Of course, the East Asian economies today are better able to withstand such massive outflows, given their
accumulation
of international reserves since the financial crisis in 1997.
And the steady
accumulation
of incontrovertible evidence that global warming is real may slowly align the balance of US political opinion, and perhaps even Trump’s opinion, with the clear majority of Americans who believe that climate change is a major problem.
What grabbed headlines was that the IMF now believes that countries could even use capital controls, renamed “capital flow management measures,” if implemented alongside monetary and fiscal measures,
accumulation
of foreign-exchange reserves, and macroprudential financial regulations.
This month, the IMF’s Independent Evaluation Office released an assessment of the Fund’s policy on reserve
accumulation
that implies that a “one size fits all” approach to reserve
accumulation
continues to prevail within the organization.
Many emerging-market policymakers view
accumulation
of foreign-exchange reserves during the 2000’s as having insured their countries against exchange-rate volatility and loss of export competitiveness.
Thus, the IMF’s recommendation to use capital controls only after exhausting interest-rate adjustment, reserve accumulation, and prudential regulation is out of step with the profession.
Since Ronald Reagan became President in 1981, America’s budget system has been geared to supporting the
accumulation
of vast wealth at the top of the income distribution.
Assuming slower growth in the labor force than in the past decade, no rise in productivity due to capital accumulation, and a decline in multifactor productivity growth to its pre-2000 average implies that annual potential GDP growth will be only 1.4%.
This would make emerging markets and developing country members regard reserve
accumulation
as expensive and extravagant, thereby helping to liberate those resources to help the world economy overcome today’s crisis.
Similar motives dictate reserve
accumulation
in other emerging markets.
As supply-chain efficiency increases, so does the eventual extraction and use of resources and, ultimately, the
accumulation
of CO2 in the atmosphere.
This obvious externality required policy responses in the emerging countries: limits on capital inflows, reserve accumulation, and measures to restrict credit and restrain asset-price inflation.
Evolutionary changes, including morphological ones, were thought to be the result of the
accumulation
and distribution of beneficial mutations, and the genetic makeup of populations was believed to be close to homogeneous, with only a few rare, random mutations creating differences between one individual and another.
And he has promised tax cuts that would imply a rapid
accumulation
of national debt, forcing up interest rates and thus the dollar’s value.
China has not liberalized its capital account, but short-term inflows are now driving stronger upward pressure on the renminbi (and larger offsetting reserve
accumulation
by the People’s Bank of China) than can be explained by the current-account surplus and FDI flows.
The quality of skills and education cannot be measured as easily by a single figure, but there is ample evidence that Latin America has also lagged behind most of Asia when it comes to skills
accumulation.
Capital inflows in economies that suffer from low investment demand fuel consumption, not capital
accumulation.
In a recent report, Human Rights Watch documented the
accumulation
of executive power and the erosion of human-rights protections in Venezuela.
The US and Japan might be among the last to face the wrath of the bond-market vigilantes: the dollar is the main global reserve currency, and foreign-reserve
accumulation
– mostly US government bills and bonds – continues at a rapid pace.
Indeed, this is the bottom line economically, for where there is little saving, there is little investment--and little basis for capital
accumulation
and productivity growth.
More important, the
accumulation
of new startups will gradually generate rising investment demand – induced demand!
Based on these data revisions, a heftier portion of this wealth
accumulation
came the old-fashioned way, by consuming less income.
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