Advanced
in sentence
3466 examples of Advanced in a sentence
This will undermine economic performance, making it very unlikely that Russia will catch up with the
advanced
economies in the next 10-15 years, as officials promise.
He wants to come back, to revisit all that he has left behind, in the meantime helping his nation to become economically strong, technically advanced, and prosperous.
Development thinking then shifted to the neoliberal Washington Consensus: privatization, liberalization, and stabilization would introduce to developing countries the idealized market institutions that had been established in
advanced
countries.
And it can happen to any country, although
advanced
countries can usually tighten fiscal policy with sufficient speed and credibility that the pain comes mainly in slower growth.
That interpretation contradicts those (including me) who, not long ago, were anticipating a switchover in the engines of the global economy, with autonomous sources of growth in emerging and developing economies compensating for the drag of struggling
advanced
economies.
For major
advanced
economies, the financial crisis five years ago marked the end of a prolonged period of debt-financed domestic consumption, based on wealth effects derived from unsustainable asset-price overvaluation.
Against this background, a return to pre-crisis growth patterns could not reasonably be expected, even after
advanced
economies completed the deleveraging process and repaired their balance sheets.
Technological convergence and the transfer of surplus labor to more productive tradable activities would continue, despite the
advanced
economies’ anemic growth.
The global economic environment – characterized by massive amounts of liquidity and low interest rates stemming from unconventional monetary policy in
advanced
economies – led most emerging economies to use their policy space to build up existing drivers of growth, rather than develop new ones.
It is the less technologically
advanced
firms, which are often smaller, that have experienced the major growth slowdowns.
In most
advanced
economies and many emerging economies, investment rates fell sharply in the wake of the 2008 global financial crisis, and have still not returned to pre-crisis levels.
While inequality has decreased across countries, it has increased within them, in the
advanced
and developing worlds alike.
That is why it is so disappointing that, despite heightened awareness of inequality, the IMF/World Bank meetings – a gathering of thousands of policymakers, private-sector participants, and journalists, which included seminars on inequality in
advanced
countries and developing regions alike – failed to make a consequential impact on the policy agenda.
And, while recovery in the
advanced
economies boosted exports, persistent overcapacity, combined with slower household-consumption growth than in 2012, caused investment growth, though still rapid, to decline to its lowest rate in the past 11 years.
This is reflected in the persistently sluggish recovery in the
advanced
economies today.
In an age of
advanced
technologies and accelerating specialization, attempting to manufacture everything domestically or bilaterally would be prohibitively costly.
In contrast to the People’s Republic of 40 years ago – a rural, agrarian country emerging from the Cultural Revolution – today’s China is an economic and political superpower with a rapidly urbanizing and technologically
advanced
society.
So far, the answer has been to borrow, leading to today’s massive debt overhangs in
advanced
economies.
Russia had a highly educated labor force, with
advanced
technological capabilities;Iraq is a developing country.
Chinese solar-panel manufacturers are estimated to have a 20% cost advantage over their US peers, owing to economies of scale and more
advanced
supply-chain development.
In the
advanced
economies, low inflation reflects not just the temporary impact of falling commodity prices, but also longer-term wage stagnation.
For starters, the entry of China’s massive labor force into the global market economy changed the power balance between capital and labor in the
advanced
economies.
He was sent into retirement supposedly because of his
advanced
age, but there are even older figures in North Korea’s gerontocracy.
The “black” economy has, by some estimates, reached 10% of GDP in
advanced
countries and can top 70% in developing countries.
By the 1990’s, inflation was old news in the
advanced
economies, with much of the developing world soon to follow.
Economic globalization has, of course, produced some large benefits for the world, including the rapid spread of
advanced
technologies such as the Internet and mobile telephony.
For once, the pollsters were right: the two favored candidates – Macron and the National Front’s Marine Le Pen –
advanced
to the second-round runoff on May 7.Gone is the sense of anxiety that had attended the weeks, days, and hours before the election, owing to fears that France would wake up to a second-round choice between the far-right Le Pen and the far-left candidate Jean-Luc Mélenchon.
It had shown that inequality in many
advanced
economies has reached levels not seen since the early part of the twentieth century.
Piketty warns us not to be fooled by the apparent stability and prosperity that was the common experience of the
advanced
economies during a few decades in the second half of the twentieth century.
Moreover, China continues to attract huge amounts of cross-border capital, as
advanced
countries like the US pursue expansionary monetary policies.
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