Competition
in sentence
2938 examples of Competition in a sentence
Civilizing the Marketplace of IdeasCAMBRIDGE – “When men have realized that time has upset many fighting faiths,” US Supreme Court Justice Oliver Wendell Holmes wrote in a famous dissenting opinion in 1919, “they may come to believe…that the ultimate good desired is better reached by free trade in ideas – that the best test of truth is the power of the thought to get itself accepted in the
competition
of the market, and that truth is the only ground upon which their wishes safely can be carried out.”
But his arguments in this area failed his own “test of truth,” for they lacked “the power…to get…accepted in the
competition
of the market.”
The more complex growth issues have to do with the tradable part of the global economy, where global aggregate demand – and the derived demand that lands in various places in global supply or value-added chains – is the target of
competition.
As a result, the country has increasingly been focusing on the so-called “killer apps” that, according to the historian Niall Ferguson, drove the West’s rise to economic dominance: competition, science, property, modern medicine, consumerism, and an ethic of hard work.
In particular, China has worked to boost market
competition
and foster science and innovation, with progress in these areas underpinned by efforts to improve governance, strengthen mechanisms of accountability, and boost investment in public goods.
The approach is two-pronged: the government is privatizing some SOEs, so that market
competition
can check the behavior of corporate managers, while treating the managers of other (typically larger) SOEs as public servants, subject to the increasingly severe rules of public accountability, including party discipline.
But the West now faces serious
competition
from the rising nations of Asia, where education in math and science is flourishing.
In general,
competition
in science and technology is a blessing – the more advanced a nation is, the better a customer it is.
The "social rights" in Part II are seen as compensating voters on the left for, say, enshrining
"competition"
as a fundamental objective of the Union in Part I.
If a political compromise is needed,
"competition"
should be removed as a fundamental Union objective.
In addition, China’s leaders appear to be on the verge of approving 12 new regional free-trade zones, which will drive
competition
and efficiency on a new scale in many economic sectors.
Moreover, free-trade zones bring greater competition, including from foreign firms, which raises risks of increased unemployment and capital flight.
Given that companies cannot compete effectively in global markets without a sound domestic PRI, such firm-level
competition
has driven countries to improve the national PRI over the longer term.
One reason is that the expanding development and use of new information technology, notably cell phones and the Internet, shrinks the world and makes
competition
from abroad more plausible.
Increased fear of
competition
from emerging countries is also a natural consequence of the collapse of the speculative bubble in equities in 2000; stock markets in some countries fell to less than half their peak value.
Increased economic anxiety has, unsurprisingly, fueled increasing unease about foreign
competition.
Growing fear of foreign
competition
ought to explain a lot of things in the future.
Fear of
competition
from abroad is now fundamental, and will change the political process in advanced and relatively advanced emerging countries throughout the world.
He stunned a sympathetic audience in Prague by ranting against “unfair competition” from foreign countries that use cheap labor.
As SOE profitability, despite their privileged position, continues to decline (it averaged less than 2% in 1995) because of ongoing deterioration in the management of assets and
competition
from the non-state sector, policymakers and workers in state industries begin to open their minds to the prospect of more change.
They are an invitation to assert who one is and where one belongs rather than to a
competition
of well-defined and comprehensive political programs.
Singh’s fourth principle is that, both because of and despite all of the above, the bilateral relationship will be characterized by elements of both cooperation and
competition.
While there is space for both countries to rise, and while that may benefit the global economy and offer opportunities for other forms of cooperation – for example, on climate change and energy security – the potential for
competition
for markets, resources, and influence should not be ignored.
Inequality, Interests and
Competition
, edited by the prominent economists Santiago Levy and Michael Walton, argues, vested interests are capable of blocking changes that would make the economy more productive and efficient.
The results have become increasingly obvious and painful: an economy that has suffered more severely in the global crisis than its neighbors to the south; a rent-seeking business elite that is unaccustomed to competition; public and private monopolies that no one seems to have the political will to dismantle; and corporatist pacts that siphon off public resources to unproductive unions, thwarting productivity and growth.
In the early postwar decades, foreign
competition
exerted virtually no pressure on the economy, owing to the isolation of America’s continental market from the devastation of WWII.
Favorable macroeconomic circumstances, the absence of foreign competition, a system of government support and regulation, and large-scale private provision of what in Europe would have been public social insurance all combined to give post-WWII America many of social democracy’s benefits without the costs.
A key question is why good old
competition
does not whittle away these profits rapidly.
At the same time, governments must upgrade
competition
policy to protect against the emergence of global monopolies.
By contrast, the innovation supply chain (the process by which companies obtain and/or develop future products and improve on their current products) tends to be characterized by inefficiency, ambiguity, and
competition.
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