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Equalization in sentence

15 examples of Equalization in a sentence

Then came the protracted process of income-distribution equalization, as machines, installed to substitute for human legs, and fingers created more jobs in machine-minding, which used human brains and mouths, than it destroyed in sectors requiring routine muscle power or dexterity work.
So, if price equalization were to happen, citizens in rich countries would feast and those in poorer countries would pay through the nose.
Both differences matter because they show that price equalization does not occur simply because a common currency exists.
“America first” – whether it comes at the expense of China or via the so-called border-tax equalization that appears to be a central feature of proposed corporate tax reforms – will unwind many of the efficiencies of global supply chains that hold down consumer-goods prices in the US (think Wal-Mart).
As the Nobel laureate economist Paul Samuelson observed in 1948, international trade leads to factor-price equalization, with wages, adjusted for skill levels, equilibrating across countries.
Already German, Dutch, and Finish savings amounting to €15,000, €17,000, and €21,000, respectively, per working person have been converted from marketable investments into mere equalization claims against the ECB.
Global income equalization, for example, is not a credible obligation for a national political leader; but such a leader could rally followers by saying that more should be done to reduce poverty and disease worldwide.
In the absence of forced equalization mechanisms (such as those used in the United States’ National Football League), European soccer is now dominated by a handful of teams that have become business behemoths.
In 1948, Paul A. Samuelson’s “factor-price equalization theorem” lucidly showed that under conditions of unlimited free trade without transportation costs (and with other idealized assumptions), market forces would equalize the prices of all factors of production, including the wage rate for any standardized kind of labor, around the world.
As technology reduces the cost of transportation and communications to near the vanishing point, achieving this equalization is increasingly feasible.
To achieve factor-price equalization, people need a stable base for a real lifetime career connected to a country in which they do not physically reside.
A 2008 law created a procedure called “foreign exchange equalization,” similar to a swap.
Due to the US dollar’s sharp appreciation relative to the real in 2015, the foreign-exchange equalization result was more than R$45 billion higher than in 2014.
Full economic integration implies the equalization of unskilled wages everywhere in the world, and, though we are nowhere near attaining this “goal,” the downward pressure on those at the bottom is evident.
A similar equalization trend is evident in health care, particularly in Africa, as widely available vaccines are administered for a small fraction of the cost in developed economies.