Competitiveness
in sentence
1286 examples of Competitiveness in a sentence
Where structural policy is concerned, we need a better architecture for overseeing and safeguarding individual countries’ competitiveness, and for eliminating imbalances.
This calls for
competitiveness
to be monitored, and made subject to surveillance.
By ruling out exchange-rate adjustment to address differences in competitiveness, the euro has forced less competitive countries to pursue painful and slow “internal devaluation” (suppressing real wages).
The US is considering the possibility of imposing a bequest tax on foreign holdings of US securities, and many people believe that it will try to play “the Italian card”: inflating away its public debt and devaluing the currency in order to maintain international
competitiveness.
While its depth and length cannot be predicted, a continued credit crunch, sovereign-debt problems, lack of competitiveness, and fiscal austerity imply a serious downturn.
Likewise, addressing weak
competitiveness
and current-account imbalances requires currency adjustments that may eventually lead some members to exit the eurozone.
A special report on semiconductors – essential to US national security and economic
competitiveness
– for President Barack’s Obama’s Council of Advisors on Science and Technology (PCAST) provides some answers.The report, written by a nonpartisan group of business and academic leaders (I was a member), proposed that the US work with its allies to enforce international law, push China to comply with its World Trade Organization obligations, and strengthen export controls and inward investment restrictions.
A special report on semiconductors – essential to US national security and economic
competitiveness
– for President Barack’s Obama’s Council of Advisors on Science and Technology (PCAST) provides some answers.
What is needed is visionary leadership at the local level, with municipal governments identifying infrastructure projects that promote entrepreneurship, increase their cities’ competitiveness, and promote regional development by strengthening urban-rural connectivity.
Central banks in China, South Korea, Taiwan, Singapore, and Thailand, fearful of losing
competitiveness
relative to Japan, are easing their own monetary policies – or will soon ease more.
In the months and years ahead, German policymakers will need to manage the transition into the digital era, in order to preserve the country’s
competitiveness.
Germany increasingly recognizes that if the adjustment needed to restore growth, competitiveness, and debt sustainability in the eurozone’s periphery comes through austerity and internal devaluation rather than debt restructuring and exit (leading to the reintroduction of sharply depreciated national currencies), the cost will most likely be trillions of euros.
If Italy and Spain are illiquid but solvent, and large-scale financing provides enough time for austerity and economic reforms to restore debt sustainability, competitiveness, and growth, the current strategy will work and the eurozone will survive.
Just consider what must be overcome: economic divergence and deepening recessions; irreversible balkanization of the banking system and financial markets; unsustainable debt burdens for public and private agents; daunting growth and balance-sheet costs in countries that pursue internal devaluation and deflation to restore competitiveness; asymmetrical adjustment, with moral-hazard risks in the core and insufficient financing in the periphery fueling incompatible political dynamics; fickle and impatient markets and investors; austerity fatigue in the periphery and bailout fatigue in the core; the absence of conditions for an optimal currency area; and serious difficulties in achieving full fiscal, banking, economic, and political union.
The world’s fastest-aging societies – particularly countries in Europe (including Belgium, France, the Netherlands, Norway, Sweden, and the United Kingdom) and Asia (South Korea and Japan) – are leaders in international
competitiveness
and innovation.
The poor functioning of input markets, such as markets for energy or intermediary products, can also do a lot of economic harm, not least because it hampers external
competitiveness.
Consider the Venezuelan government’s decision, in the late 1990s, to implement populist redistributive policies, without addressing the economy’s overreliance on the oil industry and lack of
competitiveness.
Running in PlaceSANTIAGO – A billionaire with a Harvard degree runs for President of Chile promising reforms to enhance productivity and competitiveness, and wins.
This facilitated massive capital inflows and unsustainable borrowing in the peripheral countries – most notably Greece, but also Portugal, Spain, and Italy – shrouding, and thereby accelerating, their increasing loss of
competitiveness.
Now, troubled countries do not have the option of reducing their debt burdens and increasing external
competitiveness
by devaluing their currencies.
Europe needs a new plan to ensure sustainable and shared prosperity, based in part on rebalancing growth and
competitiveness
within the eurozone.
That means coming together to provide the resources needed to restore competitiveness, revive growth, and prepare to face the challenges of tomorrow.
Eager to borrow their country to prosperity, they racked up enormous debts while presiding over a dramatic loss of
competitiveness
and, thus, growth potential.
The recent downturn in France’s industrial output has created large trade deficits, and is undermining the
competitiveness
of small and medium-size enterprises.
More importantly, the EU must tie its economic strategies to long-term competitiveness, which is ultimately determined by the value added to goods and services.
In the absence of adequate strategies for immigration, integration, health care, education, and much else, Europe’s growth and
competitiveness
will decline, and social tensions will worsen and multiply.
Otherwise, the
competitiveness
gains would be offset by rising inflation.
Likewise, economies have not recovered lost competitiveness, so employment, especially in the traded-goods sector, is lower than it should be.
By contrast, limiting migration slows economic growth and undermines societies’ long-term
competitiveness.
As countries’ populations age and their fertility rates collapse, more migration will be necessary to ensure economic
competitiveness
and finance pension and health-care systems.
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