Distortions
in sentence
256 examples of Distortions in a sentence
In Europe, efficiency would be enhanced by a unified VAT rate, instead of creating
distortions
by charging different rates for different goods.
Raising funds by taxing negative externalities reduces
distortions
rather than creating them.
On the revenue front, Brazil should replace the current state-level value-added tax (VAT), which is riddled with major distortions, and the federal cascading turnover taxes with a modern dual (federal and state) consumption-type VAT, with a common base and a very small number of rates.
That is a pity, because economists’ understanding of the substantive issues, professional obsession with incentives, and attention to unanticipated consequences give them a natural advantage in designing institutional arrangements to further the objectives in question while minimizing behavioral
distortions.
If ideas are like weapons in lobbying, it is important to appreciate the possible
distortions
in the market for their creation and diffusion.
Distortions
will begin to unwind.
Behind this shortcoming lay various institutional and market
distortions
associated with industrial and other modern-sector activities in low-income environments.
Yet demographic factors are often neglected in economic reporting, leading to significant
distortions
in assessments of countries’ performance.
China has proved its capacity to implement radical reforms that eliminate major distortions, thereby boosting growth and absorbing excess debt.
Once key
distortions
are eliminated and resources – including labor, capital, and talent – are being allocated more efficiently, China will be able to continue its march toward high-income status.
This implies, among other things, a fair tax system that is more progressive and eliminates the
distortions
and loopholes that allow speculators to pay taxes at a lower effective rate than those who work for a living, and that enable the rich to use the Cayman Islands to avoid paying their fair share.
The main reason why governments are leery of intervening in wage setting is the memory of the failed wage and price controls during the period of high inflation in the 1970s – controls that gave rise to large and troublesome
distortions.
Raging inflation causes all kinds of
distortions
and inefficiencies.
Equally worrisome are the
distortions
that easy money creates.
In fact, the rising cost of intermediation – largely a result of the
distortions
in China’s financial system – is among the most important factors driving the rise in borrowing costs for Chinese businesses.
But let’s accept, for the sake of argument, that the United States economy is operating well within its production possibility frontier, owing to various tax and other inefficiencies, and that eliminating or significantly reducing such
distortions
could significantly boost growth.
Macro-prudential policies are not a substitute for sound macroeconomic policies; nonetheless, they are essential to preventing large asset bubbles and
distortions
in financial markets, and thus to reducing the risk of adverse shocks to both markets and the real economy.
But central banks accept that their policies have led to
distortions
in financial markets.
Even with a balanced budget, there is still the issue of the effectiveness and efficiency of spending, as each dollar of government revenue costs the economy about $1.30, given the
distortions
to private decisions caused by taxes.
The illicit revenues generated from market
distortions
and fishy subsidies to the rich are abolished with market reforms.
If countries began to define energy security as energy independence and try to supply all their own needs, the result could be expensive overcapacity, massive price distortions, slower technological progress, and weaker economic growth.
Alongside its myriad
distortions
and inadequacies there were nevertheless institutions and regulations that sought to decrease the social disadvantages of women.
That means, in part, reforming a tax system that is widely perceived to be a source of inefficiencies and
distortions
that penalize domestic production.
Across China’s government, a quiet but resolute commitment to fostering a new growth model that corrects the
distortions
created by decades of double-digit growth – including corruption, pollution, rising inequality, and other structural imbalances – is taking root.
Rather than relying mainly on income taxation, as in the US, the Nordic countries rely on value-added taxation, which provides a relatively high amount of revenue with relatively low rates of evasion and few
distortions
to the economy.
A multilayered and complex chronicle of the devastating tragedies of the twentieth century, Blinding is an insistent, informed, and irreplaceable incursion into the moving landscape of the human soul, its wounds and voids, its vitality and versatility, its deep
distortions
and its unpredictable dynamics.
Public infrastructure investments displace private investments and the taxes necessary to finance them introduce further
distortions
in demand.
For example, some scientists are searching for evidence of quantum fluctuations of space-time that could blur images of distant stars or lead to systematic
distortions.
Given the protections afforded to acquired rights, the process of rooting out economic
distortions
and restoring Brazil’s finances to a stable equilibrium will require a lengthy process of constitutional reform.
By contrast, the multilateral approach appeals to most economists, because it stresses the balance-of-payments
distortions
that arise from mismatches between saving and investment.
Back
Next
Related words
Would
Economy
Market
Financial
System
Economic
Which
Rates
Markets
Other
Growth
Countries
Policy
Their
Should
Policies
Global
Capital
Price
Government