Distortions
in sentence
256 examples of Distortions in a sentence
Nor does it matter when we point out that correcting for supply-chain
distortions
– caused by inputs from other countries that enter into Chinese assembly platforms – would reduce the bilateral US-China trade imbalance by 35-40%.
Indeed, the academic literature was chock-full of models of financial bubbles, asymmetric information, incentive distortions, self-fulfilling crises, and systemic risk.
Certainly, political union and a common market require a uniform frame of reference to prevent major
distortions
in competition.
But policy-induced
distortions
also play an enormous role.
Second, by removing decision-making power from the national government that hosts an insolvent institution, this solution minimizes the potential
distortions
created by the lobbying power of the incumbent bankers.
It would also enhance efficiency by curbing tax-based
distortions
in companies’ investment decisions (what and where) and their choices concerning how to finance investments and which organizational forms to adopt.
Since the vote, however, the anti-Brexit camp has engaged in similar distortions, warning that, once it has left the European Union, the UK will face a skills shortage.
Such distortions, by both pro- and anti- immigration forces across Europe, have consistently thwarted sober debate on the topic.
A reform offering a “tenure track” imposes no burden on public finances, and could avoid further
distortions
and highly costly measures later on.
Empirical evidence indicates that these
distortions
in the market for services, which account for about two thirds of GDP, underlie most of the EU's productivity gap with the United States.
But such grievances provide the kernel of truth that populist leaders need to attract support, which they then attempt to secure with
distortions
and exaggerations.
Africa’s policy-induced price
distortions
peaked in the late 1970’s, and reforms since then have removed about two-thirds of that burden, greatly facilitating productivity growth and poverty alleviation.
But, far from decrying this as a major failure of global policy coordination, economists should accept imbalances as the natural state of the world and try to manage the resulting
distortions.
They have always caused economic
distortions
and political complaints, but many have endured for surprisingly long periods.
The third aim could be achieved country by country, but it is certainly arguable that an across-the-board banking levy, or a Europe-wide financial-transaction tax, would eliminate competitive
distortions.
As long as these
distortions
persist, new technologies will struggle to compete.
Still, the proportion of government programs that create
distortions
and inefficiencies, rather than address market failures, is higher in China than in high-income countries.
But if China and the US reach a grand bargain on a package of policy changes that would reduce or eliminate
distortions
on both sides, domestic resistance may be easier to overcome.
The best answer to such gripes is not to retreat but to remove what
distortions
remain in the world trading system through a comprehensive opening of rich country markets to competitively priced 'low-tech' imports from poor countries.
But what is clear is that the revolution took place on shaky national economic foundations, transforming the upper floors of the European economy – financial markets and macroeconomic policy institutions – while leaving intact the ancien underpinnings of supply-side
distortions
induced by misguided national policies in the 1970’s and 1980’s.
These distortions, not any shortcomings of the single currency, account for the euro area’s dismal economic performance.
These
distortions
of the transition were far greater in the countries of the former Soviet Union than in Central Europe.
It claims that if redistribution causes inefficiencies and distortions, the problems can be solved by eliminating redistribution--just as communism claimed that the duplication involved in competition was wasteful, and therefore a centrally planned economy was superior.
Removing barriers to human mobility – such as labor laws, state-specific social-welfare programs, and housing-market
distortions
– should be an integral part of development.
Hollande’s apologists praise his gradualist and consensual approach to addressing the economy’s structural
distortions.
But the reality turned out to be very different; member states’ interventionist measures have in fact created
distortions
and irregularities up and down the Continent.
These
distortions
encourage investors in money centers to scan the horizon for more attractive destinations.
Today, as the waves of market
distortions
from official policies in advanced economies break on emerging markets’ shores, constructing magical seawalls is not a solution.
Though I strongly believe that the US needs more progressive taxation, particularly of the top 0.1%, I don’t understand why he assumes that an 80% rate would not cause significant distortions, especially as this assumption contradicts a large body of work by the Nobel laureates Thomas Sargent and Edward Prescott.
It would also reduce numerous efficiency-reducing
distortions
in the US tax code, including substantial tax advantages for debt financing over equity financing and for non-corporate businesses over corporate businesses.
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