Comparative
in sentence
336 examples of Comparative in a sentence
This bias reduces developing countries’
comparative
advantage in traditionally labor-intensive manufacturing (and other) activities, and decreases their gains from trade.
But this is supposedly a good thing, not a bad thing, because America should be specializing in its areas of
comparative
advantage, involving skilled labor and advanced technology.
Low-cost call centers in India or Chinese made bicycles do not reflect any "natural
" comparative
advantage.
The differences between French and Turkish secularism can be put in even sharper
comparative
perspective.
Comparative
epidemiologists have repeatedly noticed something remarkable about these illnesses: only Western countries (or, more precisely, societies with monotheistic traditions) – particularly prosperous Western countries – are subject to prevalence rates of this magnitude.
But neither that decision nor later IMF policy papers on multilateral surveillance provide specific and
comparative
quantitative indicators that would eliminate the need for case-by-case judgment.
What is least appreciated of all is how cost-effectively these agencies – for all their limitations – perform overall, in both absolute and
comparative
terms.
In agriculture and industry, bureaucracy and corruption have stifled the country’s
comparative
advantages, compounded by disruptions in energy supplies.
Japan seized its opportunity in the years following World War II, using labor-intensive industries, such as textiles and simple electronics, to drive its economy until rising labor costs eroded its
comparative
advantage in those sectors.
And now that China, too, is beginning to lose its
comparative
advantage in labor-intensive industries, other developing countries – especially in Africa – are set to take its place.
As foreign firms launch operations in the labor-intensive sectors in which Africa has a
comparative
advantage, they will train the local workforce.
Ideas drawn from trade theory – such as specialization and
comparative
advantage – were used to explain why in the developed world men tended to work outside of the home and women within it.
This kind of conflict directly contradicts the promise of globalization – namely, that access to foreign food and energy would enable countries to concentrate on their
comparative
advantages.
His
comparative
advantage was on the outside, where he was free to develop his insights and express his views.
In developing countries, import substitution as a way to jump-start economic diversification can work for a while; but, over time, as productivity growth lags and
comparative
advantage is over-ridden, growth grinds to a halt.
The oil sheikhs would likely be inclined to postpone extraction only if they could reasonably assume that the demand reductions of the signing countries and the
comparative
price reduction that this implies are stronger today than they will be in the future.
The best that economists can offer is David Ricardo’s early nineteenth-century framework: if a country simply produces in accordance with its
comparative
advantage (in terms of resource endowments and workers’ skills), presto, it will gain through increased cross-border trade.
Ricardo’s arguments, couched in terms of England’s and Portugal’s
comparative
advantages in cloth and wine, respectively, hardly seem relevant for today’s hyper-connected, knowledge-based world.
The Nobel laureate Paul Samuelson, who led the way in translating Ricardian foundations into modern economics, reached a similar conclusion late in his life, when he pointed out how a disruptive low-wage technology imitator like China could turn the theory of
comparative
advantage inside out.
Unfortunately, safety-net programs to help trade-displaced or trade-pressured workers are just as obsolete as theories of
comparative
advantage.
China has a
comparative
advantage in none of these areas.
Moreover, policymakers must view
comparative
advantage dynamically, rather than in terms of traditional
comparative
static (“before and after”) analytics.
While China’s dramatic demographic change will weaken its
comparative
advantage in labor-intensive industries, it has not gained a compensating level of competitiveness in capital- and technology-intensive industries.
With China’s old
comparative
advantage of cheap labor diminishing, but its new
comparative
advantage not yet revealed, domestic consumption is the key to sustaining economic growth.
Within Christianity, for well-known historical reasons, Protestantism has had a
comparative
advantage in adapting to pluralism.
In our zeal to display the profession’s crown jewels in untarnished form – market efficiency, the invisible hand,
comparative
advantage – we skip over the real-world complications and nuances, well recognized as they are in the discipline.
In a world where, in
comparative
terms, there is less America because of the rise of China and India and the resurgence of Russia, and less Europe in diplomatic and strategic terms (due to institutional paralysis), if not economic and cultural terms, France, according to Sarkozy, must clearly define itself as part of the West.
Members will specialize in industries in which they lack
comparative
advantage, undercutting the main reason to support free trade in the first place.
Recessions are typically times of reallocation, where the true
comparative
advantages of a country unfold.
Who needs to study languages and
comparative
literature?
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