Efficiency
in sentence
1341 examples of Efficiency in a sentence
With China’s productivity still well below that of developed countries, and allocational
efficiency
likely to improve in the next ten years as labor and capital are redistributed across the country, 3% TFP growth is feasible.
By undermining companies’ capacity to maximize the
efficiency
of labor and capital allocation – the driving motivation behind offshoring – the BAT would produce large welfare costs for the US and the global economy.
Its use can therefore help to break down the hierarchical, bureaucratic barriers that are entrenched in Japanese society and reflected in Japanese conversation, which could boost
efficiency.
Improvement in US performance on climate change will have to come from innovation and increased energy
efficiency.
The world’s dependence on Persian Gulf oil means that all countries have an interest in maintaining stability in that region, while improving energy
efficiency
and increasing the diversity of their overall energy supplies.
Many other factors, of course, influence growth and convergence: macroeconomic stability, the
efficiency
and robustness of the financial sector, the terms of trade, the quality of public administration, demographic factors, and political factors.
It is possible, indeed essential, to be pro-equality and pro-growth, to advocate strengthening social inclusion while promoting the
efficiency
of markets.
Although health care requires managerial overhead, in many countries, outdated tools hurt
efficiency.
It combines the best of what the private sector has to offer, including capital, technology, innovation, and efficiency, with the best of what the public sector has to offer, such as legislation and regulation for safeguarding global public goods.
The blue economy is centered on the idea that companies should use all available resources and increase
efficiency
to develop a portfolio of related businesses that benefit both them and society.
By enhancing the welfare state’s efficiency, economic progress can occur without sacrificing this crucial source of long-term growth.
By focusing on the areas in which their modernization agendas overlap – from education to public health to environmental protection – they can identify ways to increase their human capital’s
efficiency.
Energy
efficiency
and renewable energy use are both on the rise as well.
A New Growth Path for Europe shows how investing in energy
efficiency
and clean energy has the same potential to revitalize Europe today.
The new EU member states, which have lower energy efficiency, stand to benefit the most – though substantial hurdles must be overcome with additional support mechanisms.
The free movement of people, goods, and services across national boundaries enhances
efficiency
and helps countries attain prosperity.
The Council of Economic Advisers, whose members write the president’s report, surmise that structural changes – including stronger incentives for
efficiency
by hospitals and providers, more cost-sharing in insurance policies, and the substitution of generic drugs for branded drugs – explain most of the deceleration in per capita spending growth.
On another level, however, state bureaucracies are very different from private-sector organizations, for they have their own characteristics and objectives, which will be endangered were they are reduced to quantitative standards of performance and
efficiency.
This trend is exacerbated by the declining
efficiency
of financial resources in the state sector, a product of the soft budget constraint implied by easily accessible, cheap capital.
Furthermore, the report emphasizes the need to deepen, broaden, and update the local knowledge base, invest in energy- and material-resource efficiency, and promote green technologies and industries.
An additional $14 trillion should allocated to renewable or nuclear energy, or to buildings and transport systems to deliver improvements in energy efficiency, offset by a decline of more than $6 trillion in investment in oil, gas, and coal production.
Lower oil, coal, and gas prices would reduce incentives to develop and deploy renewable energy technologies, or to improve energy
efficiency.
Big data and advanced analytics can also reduce costs and enhance
efficiency
in health care and government, and can create value for consumers through greater product variety and quality, as well as enhanced convenience – benefits that are not captured in GDP statistics.
Online markets have the potential to improve consumer welfare substantially, by fueling competition on price, efficiency, and customer experience, whether through search engines or single platforms such as Amazon.
They have the capital to invest in efficiency-enhancing approaches and new production systems, and they are making use of increasingly accessible technologies – such as digital tools, advanced robotics, or new materials – to turbo-charge
efficiency.
To put it in economics jargon,
efficiency
requires equating the marginal cost associated with allocation (both in acquiring information about the relative benefits of different projects and in monitoring investments) with the marginal benefits.
The country’s investment rate now stands at more than 50% – a clear reflection of China’s low capital
efficiency.
When it comes to the judiciary, it is clear that higher salaries for judges and clerks, better computer systems, and other technical equipment would improve the courts’
efficiency
and performance.
In this sense, the US demand for longer terms of patent and copyright protection is arbitrary, because they are not founded on a clear-cut case for enhanced economic
efficiency.
Reviving conservation, management, and distribution efforts could reduce water consumption and increase efficiency, but these measures need to be combined with radical reforms to speed the transition away from oil dependence to a zero-carbon renewable-energy infrastructure.
Back
Next
Related words
Energy
Economic
Would
Their
Which
Growth
Increase
Improve
Global
Should
Countries
Gains
Investment
Economy
Other
While
Could
Costs
Public
Market