Competitiveness
in sentence
1286 examples of Competitiveness in a sentence
In emerging-market countries that are already struggling with the impact of rapid currency appreciation on their competitiveness, expansionary measures announced in recent weeks by the European Central Bank and the Bank of Japan have heightened the sense of alarm at the Fed’s decision.
In practice, we are unlikely to get purely green industrial policy, which would focus solely on the development and diffusion of green technologies while excluding considerations of competitiveness, commercial gain, and employment growth.
From a global standpoint, it would be far better if concerns about national
competitiveness
were to lead to a subsidy war, which expands the global supply of clean technologies, rather than a tariff war, which restricts it.
They could just as easily take the high road: much evidence indicates that workers who are rewarded rather than victimized can contribute to greater
competitiveness
for firms in the long run.
Smart trade requires two key provisions: core labor rights, backed up by tough enforcement, and a development fund targeting infrastructure and education to boost
competitiveness.
Finally, after welcoming foreign investment, which contributed greatly to Chinese manufacturing growth and export competitiveness, some in China would now tighten restrictions on foreign investment to protect China’s domestic industries.
Even in the face of a GDP contraction larger than that of the United States during the Great Depression of the 1930s, Greece preferred continued membership in the eurozone to a return to the drachma, which would have freed up some additional tools for regaining
competitiveness
and imposed asubstantial haircut on creditors.
Their real exchange rates also appreciated, eroding external
competitiveness.
But whether Europe as a whole avoids lost decades of economic growth still hangs in the balance, and depends on whether southern European governments can rapidly restore
competitiveness.
Cheaper power strengthens international competitiveness, particularly for energy-intensive industries like petrochemicals, aluminum, steel, and others.
Likewise, the reduced labor costs and falling inflation caused by recession and austerity helped to boost Spanish firms’
competitiveness
within the eurozone.
This time around, investment must be spread across all sectors, boosting their
competitiveness
and, in turn, their contribution to GDP growth.
A better mix of fiscal and monetary policies and sustained measures to enhance productivity and
competitiveness
remain necessary conditions for addressing America’s labor-market challenges.
Whether America can achieve decent growth while keeping its current-account deficit in check depends on whether it can reinvigorate its ability to innovate and create, thereby restoring
competitiveness
and creating demand at the same time.
Although countries have not descended fully into protectionism since the global financial crisis began, difficult economic and labor-market conditions in key countries may force politicians to protect domestic markets while trying to gain external
competitiveness.
In fact, far from viewing the current-account surplus as a policy problem, the German government sees it as a reflection of the underlying
competitiveness
of German firms.
At a time when China is under pressure for manipulating the value of the renminbi to maintain export competitiveness, the BRICS framework offers it a platform to expand its currency’s international role.
In countries like Greece, Finland, Italy, and Portugal, joining the single currency ran against the interests of some industrialists, who viewed the devaluation of the national currency as preferable to better but tougher choices aimed at maintaining and improving
competitiveness.
Instead, Chen balked at further integration into the global economy, refusing to open all of Taiwan’s economic sectors to foreign participation, which would have strengthened Taiwan’s
competitiveness
and efficiency.
Indeed, indicators of economic freedom and
competitiveness
compiled by the Heritage Foundation, the Cato Institute, the World Economic Forum, and others show that Taiwan’s relative ranking has stagnated or even declined on Chen’s watch.
The sovereign-debt-and-banking crisis that has roiled the monetary union since 2010 has steadily exposed the realities at play here, as irrevocably fixed exchange rates lock in and deepen differences in eurozone members’
competitiveness.
In France’s case, the loss of
competitiveness
and resulting sharp decline in export performance has been aggravated by relying on crushing taxation of labor to finance generous welfare programs and top-drawer public services (a practice exacerbated by stifling labor-market regulation).
In a monetary union, there are only two ways to close a
competitiveness
gap between countries: transfers from the more competitive to the less competitive, or internal devaluation, which means real wage cuts.
On the other hand, higher
competitiveness
and erosion of the real value of debt would quickly outweigh these costs by restoring confidence in the French economy’s prospects.
To demand that Germany should stop increasing its competitiveness, or even reduce it, is simply bizarre.
From 1990 to 2005, Germany struggled with high unemployment, slow growth, and low competitiveness, and Europe’s economy suffered as a result.
Recovery was difficult to achieve, but the Common Market has profited from Germany’s renewed
competitiveness.
From the German point of view, France only wants to solve its national budget and debt problems at Germany’s expense, simultaneously weakening Germany’s
competitiveness.
Anchoring the exchange rate is likely to result in disproportionate real appreciation, loss of competitiveness, external and financial crises, and disastrous recessions.
Other reforms are expected to improve the performance and effectiveness of the civil service and boost economic
competitiveness.
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