Competitiveness
in sentence
1286 examples of Competitiveness in a sentence
European officials will welcome a weaker euro, which will improve competitiveness, at least modestly.
Abdul Kalam, India's president since 2002, has stressed the need to build global
competitiveness
from the ground up--within each of the country's federal states.
A quarter of the labor force and half of Spain’s youth are unemployed, reflecting the country’s loss of
competitiveness
in the wake of the real-estate bubble inflated by cheap euro credit in the pre-crisis period.
The system of economic governance that we put in place guarantees that EU members put their public finances in order, increase their competitiveness, and tackle their macroeconomic imbalances.
Internal devaluation (a fall in unit labor costs to restore competitiveness) has occurred to some extent (in Spain, Portugal, Greece, and Ireland, but not in Italy or France), thus improving external balances.
At the same time, the loss of
competitiveness
has been only partly reversed, with most of the improvement in external balances being cyclical rather than structural.
The euro is still too strong, severely limiting the improvement in
competitiveness
needed to boost net exports in the face of weak domestic demand.
At the other end of the spectrum, concerns about lower international
competitiveness
as a result of significant currency appreciation may be even more common among policymakers and export-oriented firms.
As a result of the strong dollar, the US lost international
competitiveness
and the trade balance sank to record lows in 1985.
The “crisis within the crisis” exposed the eurozone’s weak governance and revived doubts about the viability of a monetary union with large
competitiveness
gaps between its members.
Economists have identified six pitfalls that can afflict natural-resource exporters: commodity-price volatility, crowding out of manufacturing, “Dutch disease” (a booming export industry causes rapid currency appreciation, which undermines other exporters’ competitiveness), inhibited institutional development, civil war, and excessively rapid resource depletion (with insufficient saving).
Why else would citizens across the developed world be so preoccupied with their economic
competitiveness?
How to Compete in EuropeLONDON – Interest in the European Union’s
competitiveness
did not begin with the euro crisis.
Since then, interest in EU
competitiveness
has risen further, spurred in particular by the challenge posed by countries like China.
This understanding of international
competitiveness
continues to motivate a wide range of policy initiatives, including industrial policies to create and defend “national champions” and support a variety of so-called strategic industries.
Thus, external
competitiveness
is what the Nobel laureate economist Paul Krugman calls a “dangerous obsession” – at least to the extent that it is based on the company-country analogy.
But if
competitiveness
refers to productivity, it remains a meaningful concept.
Understanding
competitiveness
in this sense is a prerequisite for successfully designing and implementing a growth agenda for Europe.
Stagnating middle-class wages and family incomes are a major factor behind the US economy’s slow recovery from the 2007-2009 recession, and pose a serious threat to long-term growth and
competitiveness.
Two
competitiveness
gurus, Michael Porter and Jan Rivkin of Harvard Business School, recently warned that stagnant middle-class incomes undermine US companies in several ways.
America’s long-run living standards and economic
competitiveness
depend not just on productivity growth, but also on how that growth is shared.
The first is trade remedies, such as anti-dumping duties, which are generally used to combat unfair trade practices, but can easily be exploited by politicians who seek to blame other countries for their own industries’ lack of
competitiveness.
After all, advanced economies’ policies were driving large and volatile capital flows into the major emerging markets, pushing up their exchange rates and damaging their export
competitiveness
– a phenomenon that Brazilian President Dilma Rousseff later referred to as a “capital tsunami.”
The American economy faces neither a problem of capital shortage, nor a lack of
competitiveness.
The economic crisis in southern Europe stemmed from an inflationary credit bubble that resulted from the absence of interest-rate premiums, and that robbed the afflicted countries of their
competitiveness.
Interest-rate differentials – including premiums reflecting the heightened risk of a eurozone exit and exchange-rate realignment to reestablish
competitiveness
– are crucial for the monetary union’s long-term existence, stability, and allocative efficiency.
And when companies can expand as a result of their improved
competitiveness
at home and abroad, they create even more jobs.
Competing for the EU’s more discriminating consumers would force Ukrainian producers to improve their
competitiveness
by raising productivity, quality control, and marketing and logistical capabilities.
Under Grexit, Greece's best hope would be something similar – a sharp boost in external
competitiveness.
In the short to medium run, increasing Greek
competitiveness
requires remedies targeted at specific binding constraints faced by exporters.
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