Advanced
in sentence
3466 examples of Advanced in a sentence
Those nations that rejected Che’s mythology and chose the path of democracy and the free market, such as Brazil, Peru, and Chile, are better off than they ever were: equality, freedom, and economic progress have
advanced
in unity.
In this respect, developing countries’ experience holds potentially important lessons for policymakers and various stakeholders in
advanced
economies.
Restoring public trust will require a deep and sustained commitment, and a new consensus that is broad enough to overcome the political and social divides that are now legion across
advanced
economies.
Nowadays, both
advanced
economies (like the United States, where unlimited financing of elected officials by financially powerful business interests is simply legalized corruption) and emerging markets (where oligarchs often dominate the economy and the political system) seem to be run for the few.
This time, the damage caused by the Great Recession is subjecting most
advanced
economies to secular stagnation and creating major structural growth challenges for emerging markets.
These arguments are
advanced
in good faith and deserve serious consideration.
Low rates are predominantly the
advanced
economies’ “new normal.”
Interest rates (short and long maturities) had been trending lower in most of the
advanced
economies (to varying degrees) since the 1980s, as inflation also fell sharply.
More recently, former US Treasury Secretary Lawrence Summers argued that “secular stagnation,” manifested in sustained lower investment and growth in many
advanced
economies, has been a major force driving down rates.
Since 2010, I have been emphasizing the key role played by policy in keeping rates low in a post-crisis era characterized by large overhangs of public and private debt in the
advanced
economies and a tendency toward deflation.
As shown in the figure below, which plots the share of
advanced
economies with negative long-term interest rates (ten-year treasuries yielding less than the rate of inflation) from 1900 to 2016.
More often than not, negative real rates were accompanied by higher inflation (as during the wars and the 1970s) than what we observe today in the
advanced
economies.
For all the handwringing over China’s so-called slowdown, it seems as if its leaders may have a more realistic and constructive assessment of the macroeconomic policy challenge than their counterparts in the more
advanced
economies.
In many
advanced
and emerging countries, the past suddenly seems to have much more appeal than the future.
Furthermore, the pace of productivity gains in the
advanced
countries (and to a large extent in emerging countries) remains disappointingly low.
The second reason progress has lost credibility is that the digital revolution risks undermining the middle class that formed the backbone of the post-war societies of the world’s
advanced
economies.
What
advanced
societies need now are social compacts that are resilient to demographic shifts, technological disruptions, and economic shocks.
In this sense, the Taksim “sit-in” resembles protests elsewhere, particularly in the
advanced
democracies, from the “Occupy Wall Street” movement to the protests in Spain and Italy.
And we are investing in computers and other
advanced
learning tools to ensure that our children can compete internationally.
Britain Fights BackLONDON – As the world recovers from the Great Recession, the question facing
advanced
economies is this: How do we deliver sustainable growth and rising prosperity for our citizens?
As a result, we have achieved a larger reduction in the structural deficit than any other major
advanced
economy.
Although households in many
advanced
economies have reduced their debt burdens since the financial crisis began, total household debt in the US, the UK, and most eurozone countries is still higher as a percentage of GDP (and in absolute terms) than it was in 2000.
The so-called
advanced
economies failure to fulfill their commitments means that Myanmar and Vietnam are hardly the most vulnerable developing countries today.
Israel is a prosperous,
advanced
economy, but it is built on a labor market that is too small.
And despite the post-crisis debt expansion, the ratio of investment-to-GDP has been falling in the
advanced
economies and plateauing in most developing countries.
The fact that the
advanced
economies are bouncing back is good news for everyone.
In most
advanced
economies, bubbles are being inflated by very low short- and long-term interest rates.
With central banks – especially in
advanced
economies and the high-income emerging economies – wary of using policy rates to fight bubbles, most countries are relying on macro-prudential regulation and supervision of the financial system to address frothy housing markets.
Instead, many fear that what has happened in the past will happen again: secret negotiations, arm twisting, and the display of brute economic power by the US and Europe--and by special interests in the
advanced
countries--aimed at ensuring that the interests of the rich are protected.
The numbers are truly alarming: subsidies in
advanced
countries exceed the total income of sub-Saharan Africa; the average European subsidy per cow matches the $2 per day poverty level on which billions of people barely subsist;America's $4 billion cotton subsidies to 25,000 well-off farmers bring misery to 10 million African farmers and more than offset America's miserly foreign aid to some of the affected countries.
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