Competition
in sentence
2938 examples of Competition in a sentence
Competition
in product markets is far too circumscribed.
Good government is not a
competition.
Trade liberalization exposes often ill-prepared businesses to the intense pressures of international competition, and requires a wide array of often painful reforms and risky politically decisions.
The counter-argument is that increased
competition
is a global phenomenon.
Asia’s long history of rivalry and
competition
among its various powers has also been an important factor in its recent economic success.
The dynamic of
competition
and emulation among China, Japan, and South Korea has not existed in peacefully reconciled post-WWII Europe; there is nothing like it in Africa, either.
But the biggest reason that Thailand matters for Asia’s democracies is fierce
competition
for influence between a rising China and the democratic world.
Today, however, the catalytic power of Deng’s initial changes has waned, with rising wages, weakening external demand, and increasing
competition
from other emerging economies indicating the exhaustion of a growth model premised on exports and investment.
The path to such openness was thorny: foreign
competition
in the early 1990s deepened the structural problems of big Hungarian banks, a malady which faster privatization could have eased.
Of course, neither Saudi Arabia nor Iran – or Turkey, which has also joined the
competition
for regional influence – is seeking a direct confrontation.
For most of the relevant actors, highly perilous geopolitical
competition
is overshadowing vast economic opportunities.
Today, we understand that the market is rife with imperfections – including imperfections of information and
competition
– that provide ample opportunity for discrimination and exploitation.
But, prominent professors at Korean universities tell me that the unprecedented success of the Korean team in the current World Cup
competition
is causing a turning point in Korean attitudes towards their own society and economy.
Also, although admission to elite universities is as meritocratic in Korea as in the West, the outcome of the university entrance
competition
has a more important and more permanent effect on one's place in Korean society.
The performance of the Korean team in the 2002 World Cup
competition
is demonstrating to every Korean in a way that is easily seen that meritocracy yields better results than cronyism.
Likewise, open contempt of “money-hungry” businesspeople and
competition
is expressed more often in France than in America.
Its 1962 defeat of India was the culmination of a decade-long
competition
for leadership of the newly independent countries that had emerged from decolonization.
After all, if America, with its relatively low level of unemployment and social safety net, finds it must take action to protect its workers and firms against
competition
from abroad - whether in software or steel - such action by developing countries is all the more justified.
Rather, they tell us that
competition
for safe assets has heated up.
In a world with weak aggregate demand, countries are engaging in a futile
competition
for a greater share of it.
In addition, even though studies suggest that the short-term, directly measurable economic benefits at the national level are relatively small, and unskilled workers may suffer from competition, skilled immigrants can be important to particular economic sectors.
While one can understand the resistance of ordinary American citizens to
competition
from foreign immigrants during a period of high unemployment, it would be ironic if the current debate were to lead to policies that cut the US off from one of it unique sources of strength.
So strong prospects for sustained political
competition
are a key prerequisite for illiberal democracies to turn into liberal ones over time.
Of course, Joseph Schumpeter famously argued that one need not worry too much about monopoly rents, because
competition
would quickly erase the advantage.
To counter such concentration, policymakers should, first, implement smarter
competition
laws that focus not only on market share or pricing power, but also on the many forms of rent extraction, from copyright and patent rules that allow incumbents to cash in on old discoveries to the misuse of network centrality.
So transatlantic coordination is needed, to ensure that any trade of sophisticated arms and weapons-related technologies with China does nothing to enhance China’s military power, and that
competition
between Western producers of goods that may legitimately be sold to China does not damage Western political unity.
It will have to ensure that the culture of integrity underlying its success remains unchanged by the pressures of global
competition.
Scandinavia’s Accounting TrickWhile most of the world’s advanced countries face increasing difficulties in coping with the forces of globalization and
competition
from low-wage countries, the Scandinavian countries -- Denmark, Finland, Norway, and Sweden -- seem to have managed these challenges quite well.
Most telling in Russian eyes has been EU countries’
competition
for oil and gas contracts, which has done much to convince the Kremlin that Europe is not a political force to be reckoned with.
This is a reminder that incumbency is a considerable advantage in the
competition
for reserve-currency status.
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