Firms
in sentence
3712 examples of Firms in a sentence
Incautious and expensive advice from McKinsey and other private consulting
firms
could help turn Bhutan into a degraded tourist zone.
It would pay higher prices for inputs and consumer goods, and British firms’ reduced integration into global value chains would undermine productivity.
It provides major growth opportunities for the most productive and innovative firms, while enabling them to learn from their overseas competitors.
It is no accident that the world’s best
firms
– which have the highest productivity, profits, and wages, and invest in strengthening human capital – are trade champions.
Brexit’s adverse impact on UK firms’ scope for development would further increase the economic cost.
It would also reap the benefits of global competition, which would compel local
firms
to seek greater efficiency by implementing lean processes, investing in research and development, or adopting the latest technologies.
In East Asia, for example, IMF bailouts helped international lenders, but hit workers and domestic
firms
hard.
Different policies might have imposed more risk on international lenders, and less on workers and domestic
firms.
The problem is especially severe in commodity-exporting developing economies, where
firms
borrowed extensively, expecting high commodity prices to persist.
The government has recently used its regulatory power to push down rates for both households and
firms.
We regard
firms
as legal persons, and we talk about countries as if they were a composite person with clear characteristics: Germans love order, Italians are passionate, and Brits possess a stiff upper lip.
Private companies, including telecoms, social marketing companies, systems designers, survey firms, and other information providers, should all be integrated into the data “ecosystem.”
The report offers an action plan that builds on partnerships between national statistical systems and private information
firms
and other non-governmental data providers.
While Koo applied this framework to Japanese
firms
in Japan’s first lost decade of the 1990’s, it rings true for America’s crisis-battered consumers, who are still struggling with the lingering pressures of excessive debt loads, underwater mortgages, and woefully inadequate personal saving.
The country’s rapid progress is attributed to strong manufacturing exports, carried out by
firms
that were able to compete in global markets only with the help of government incentives.
The efficiency of this model is apparent in the chaebols’ success as “fast followers” of top US and Japanese
firms.
SMEs’ labor productivity is just 35% that of large
firms.
To create a healthier business climate for innovative small
firms
and venture startups, the chaebols’ dominance must end.
It is deregulation, of course, that financial
firms
want – fewer rules and less oversight of any kind.
The revolving door between Congress and lobbying
firms
appears to have been central to how the financial sector became deregulated, which effectively allowed excessive risk-taking in the run-up to the crisis.
In another paper, Igan and Mishra, working with Thierry Tressel, found that
firms
taking more risks before 2008 were also engaged in more lobbying.
Essentially, financial
firms
have been buying the right to take on more risk.
When things go well, executives in these
firms
get the upside – mostly in terms of immediate compensation, because few executives are compensated on the basis of risk-adjusted returns.
That means that when the risks materialize and the
firms
suffer losses, the costs fall on taxpayers.
He is also correct that many government policies favor relatively few big
firms
– and favor them in a way that encourages excessive and dangerous risk-taking.
Executives in financial
firms
want to take big risks.
Big financial
firms
can more readily buy the necessary political protection (in the form of deregulation), enabling them to become even bigger and more dangerous.
Moreover, the region’s lower wages give
firms
an incentive to retain human workers.
Asian countries should take a cue from India’s National Skill Development Corporation, which works with private training
firms
to match skills curricula with industry needs.
They will also have to adopt more flexible labor regulations, because
firms
won’t hire skilled workers who cost too much.
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