Competitiveness
in sentence
1286 examples of Competitiveness in a sentence
India’s leaders must develop a comprehensive plan to eliminate barriers to economic competitiveness, expand employment opportunities in manufacturing, and improve workers’ education and skills.
As it stands, India ranks 60th in the world for economic
competitiveness
– much lower than China, which, at 29th, is closing in on high-income countries like South Korea (25th) and France (23rd).
The good news is that Modi seems committed to boosting India’s
competitiveness
by improving its business climate.
All other G-8 countries (and most OECD countries) boost their MNCs’
competitiveness
by taxing only their domestic income, exempting most of their foreign earnings from domestic taxation (an approach known as a territorial system).
A territorial system would address the
competitiveness
disadvantages, the “lock-out” effect, and the inefficiencies of the US’s worldwide approach.
But that, in turn, requires lowering the cost of doing business, fighting corruption, promoting transparency in mining deals, and channeling natural-resource revenues in ways that enhance economic diversification and
competitiveness.
In France, after ten years of decline in export markets, my government has embarked on a bold strategy to restore our country’s
competitiveness.
This is necessary to restore the
competitiveness
that was destroyed in the euro’s initial years, when it caused excessive inflation.
Indeed, for countries like Greece, Portugal, or Spain, regaining
competitiveness
would require them to lower the prices of their own products relative to the rest of the eurozone by about 30%, compared to the beginning of the crisis.
The first creates a permanent dependence on transfers, which, by sustaining relative prices, prevents the economy from regaining
competitiveness.
This would offer southern European countries a way out of their
competitiveness
trap, because if prices remained unchanged in the south, while the northern countries inflated, the southern countries could gradually reduce their goods’ relative prices without feeling too much pain.
Competitiveness
gains and rebalancing would fail to materialize, and, after an initial flash in the pan, the eurozone would return to permanent crisis.
In services, trade barriers stand in the way of improved quality and efficiency, slowing the growth of a sector that could make a huge contribution to
competitiveness
and employment.
But it is wrong to believe that simplistic answers, such as more fiscal stimulus or more austerity, are a panacea; more often, the underlying problems relate to debt, structural rigidities, low investment, and weak
competitiveness.
When the bubble burst, the region’s
competitiveness
was destroyed, and Northern Europe was called on to provide huge loan guarantees, public credit, and transfers.
And this, in turn, would lead to overheating real-estate markets and domestic-wage increases, thus undermining international
competitiveness.
They increase competitiveness, facilitate innovation, and boost private-sector returns, generating growth and employment.
The strengthening of Europe’s position within an atmosphere of heightened global
competitiveness
remains at the forefront.
And Europe faces a desperate need to build pan-European institutions to ensure banking and fiscal union, and to address serious
competitiveness
problems in France and Italy.
As a co-director of this annual study, I am often asked what
competitiveness
actually means.
For purposes of our report, we define
competitiveness
in a precise way: as a country’s capacity to achieve sustained economic growth in the medium term – ie, five-years time.
In defining
competitiveness
we are not claiming that one country’s
competitiveness
means another country’s lack of
competitiveness.
In this year’s rankings, we determined a country’s
competitiveness
(the capacity to grow) according to three broad criteria: (1) technology; (2) public institutions; and (3) macroeconomic stability.
In our
competitiveness
studies, we noticed that the world economy can be divided into two categories of countries: the innovators and the non-innovators.
For these countries, which tend to be among the world’s richest, continued
competitiveness
requires an excellent system of technological innovation.
A strength and weakness of our analysis of
competitiveness
is that it focuses on the medium term, not the coming year or two.
Thus, it is ironic that many of this year’s leaders in competitiveness, such as the U S and Singapore, are in recession, while countries further down the list, like China (39th), will escape the global recession.
One is a nominal anchor and one is a measure of external
competitiveness.
But viewed from the perspective of trade competitiveness, a DM link is precarious unless wages are strongly tied to the DM.
The other alternative is to focus exchange rate policy on the maintenance of
competitiveness
and let monetary and fiscal policy cope with inflation.
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