Consumption
in sentence
2633 examples of Consumption in a sentence
In the next few years, market forces are likely to be more important than government policies in influencing
consumption
patterns.
Taken together, these appointments demonstrate the new Chinese leadership’s emphasis on pro-market reforms and a shift from heavy industry to greater reliance on
consumption
and services.
More
consumption
and less heavy industry will also reduce China’s demand for raw materials, dampening global commodity prices.
In its National Climate Change Program , China set an objective to lower its energy
consumption
per unit of GDP by 20% or so of 2005 level by 2010 and in its Mid- and Long-Term Plan for the Development of Renewable Energy , China also sets an objective of increasing the proportion of renewable energy in the primary energy mix to 10% by 2010, and to 15% by 2020.
Firstly, China succeeded in lowering its energy
consumption
per unit of GDP by 1.79%, 4.04% and 4.59% respectively for 2006, 2007, and 2008, which strongly suggests the prospect of meeting the 20% objective by 2010.
Prospects for America’s
consumption
binge continuing are also bleak.
Growth matters mostly because it provides the resources needed to bolster various dimensions of human wellbeing: employment, sustainable consumption, housing, health, education, and security.
Since the financial crisis began in 2008, several developed countries, having sustained demand with excessive leverage and consumption, have had to repair both private and public balance sheets, which takes time – and has left them impaired in terms of growth and employment.
Sustaining investment, on the other hand, has an immediate cost: it means deferring
consumption.
But whose
consumption?
Thus far, there is little evidence of willingness on the part of politicians, policymakers, and perhaps the public to reduce current
consumption
further via taxation in order to create room for expanded growth-oriented investment.
And global warming’s impact would reduce energy
consumption
for almost all nations.
Unprecedented shifts and growing imbalances – between
consumption
and production, savings and investment, economy and ecology, social inclusion and marginalization, and equality and disparity – persist and incubate within a complex global system in which there is no “risk-off” switch.
That promises to boost their own growth while creating space for the Chinese economy to move up the value chain, where productivity and wages – important determinants of
consumption
– are higher.
Nor, on balance, has liberalization of capital flows stabilized
consumption.
Thus, the pattern in emerging market economies that liberalized capital inflows has been lower investment in the modern sectors of the economy, and eventually slower economic growth (once the
consumption
boom associated with the capital inflows plays out).
Other countries enjoyed housing and
consumption
booms on the back of cheap credit, making them less competitive.
After all, while climate change is a market failure, it is also a disruption that provides many opportunities: new ways of doing business, new technologies for maintaining our lifestyles, and new attitudes toward
consumption
and production.
A helicopter drop (through tax cuts or transfers financed by newly printed money) would put money directly into the hands of households, boosting
consumption.
Short- and medium-term growth can be sustained for a while by substituting public and private debt for investment – that is, borrowing against future income and
consumption.
Simply put, one cannot sustain current levels of
consumption
and entitlements without crowding out public-sector investment, unless one believes that the state’s borrowing power is unlimited, and that the intergenerational burden shift is unimportant.
The desire to avoid substantial tax increases (and to sustain
consumption
levels) will almost surely be reflected in a continuing shortfall of public-sector investment, in turn undermining long-term growth.
As
consumption
rises globally, the costs associated with them will probably rise sharply.
The real problem in Greece is no longer the fiscal deficit, but a combination of deposit flight and continuing excessive
consumption
in the private sector, which for more than a decade now has been accustomed to spending much more than it earns.
This led to a very sharp adjustment in domestic
consumption.
As long as this flow of cheap money continues, so will capital flight; no adjustment in
consumption
will take place so long as the country faces only a very soft budget constraint.
The drop in the saving rate can be readily traced to a massive increase in the rate of household
consumption.
And, within the household sector,
consumption
has risen the most among the elderly.
Indeed, since 1970, the typical 70-year-old’s
consumption
appears to have tripled relative to that of the typical 30-year-old.
A lack of data about, say, riparian flows, including how much water is diverted for agriculture and human consumption, undermines efficient resource management.
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