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Industrial in sentence

2197 examples of Industrial in a sentence

But the oil-price shocks that came after 1973 were in part also a response to the major industrial countries’ monetary policy in the later 1960’s and early 1970’s.
What the figure of 8% signals to provincial officials and industrial managers is that the emerging promise of green GDP – wherein a local government had to show not only growth, but also clean and energy-efficient growth – has been abandoned.
Nearly every industrial sector that, according to the stimulus package, deserves direct and immediate government support is energy-intensive and polluting (cement and steel, for example) or heavily managed by the state sector, and therefore missing incentives to balance growth with environmental protection (as is the case with the oil industry).
He could discern the looming industrial explosion of the 20th century, when a few major companies drove technical innovation and made electricity, chemistry, transport, communications, and computers key parts of everyday life.
While the spirit of waning interest in basic science, which characterizes today’s large industrial groups, dominates in Europe, a brilliant American countermeasure has been the rise of small “high tech” companies that engage in basic research and long-term reflection.
Today, massive investments in critical infrastructure, industrial expansion, and urban development – vital to accommodate an expanding global population, set to reach nine billion by 2050 – are being made without adequate regard for disaster risk.
The integrity of the advanced industrial countries, which have a majority of the votes at the World Bank, is being put to the test.
At the same time that China has been reorienting its economic-development model, the US has replaced its traditional laissez-faire approach with an industrial strategy of its own.
For example, when China still had a fully planned economy, Mao Zedong had to delegate the management of state-owned enterprises (SOEs) to local authorities for some time in order to boost production, as local governments were in a better position than the industrial ministry in Beijing to manage local suppliers.
In my book The Growth Map, I describe my unforgettable first visit to Gurgaon, a municipality near Delhi that serves as a regional financial and industrial hub.
Workers were eventually absorbed by other sectors, particularly with the growth of industrial manufacturing, and average wages and overall prosperity increased dramatically – an excellent illustration of the so-called “Luddite fallacy.”
Similar declines in real consumption are rare in industrial countries, as in bad years consumers typically draw on their savings to keep their consumption relatively constant.
Russian industrial exports primarily consist of armaments, with advanced aircraft accounting for more than half of sales.
India’s population may stabilize within 50 years; but, with the number of people per square kilometer 2.5 times that of Western Europe and 11 times that of the contiguous United States, disputes over land acquisition for industrial development create serious barriers to economic growth.
China was able to transform itself into a modern industrial power at an unprecedented rate.
But developing a modern and effective industrial strategy will be no easy feat.
The European Union has been trying to define a consistent framework for addressing the topic since 2014, when it published an analysis of industrial policy’s advantages and disadvantages.
The United Kingdom is further along, having released in January a green paper on building an industrial strategy.
US President Donald Trump has also focused on industrial policy, though his version would presumably entail substantial state intervention and protectionist measures.
But Europe’s approaches to industrial strategy show some promise, not least because they are likely to eschew the broad interventions of the past that emphasized “picking winners.”
Another component that is missing from current discussion of industrial policy in Europe is a clear timeline.
So an effective industrial strategy must establish not only an overall timeframe, but also important milestones along the way.
After all, an effective modern industrial strategy requires a careful accounting of the assets and resources, including human capital, that the economy will need in the coming years.
The final critical element of an effective industrial strategy is the institutional framework on which it depends.
On the eve of World War II, Japan accounted for 5% of the world’s industrial production.
Once again, the second and third largest of the world’s major industrial economies are subtracting from, not adding to, growth in the world’s aggregate demand.
But the industrial use of the lower sky is here to stay.
Beyond the human costs, higher temperatures would undermine agricultural and industrial productivity.
Some clubs were financed by industrial corporations in order to promote loyalty among their workers: Philips sponsored the Dutch club PSV Eindhoven, for example, while Fiat played the same role for Italy’s Juventus.
Very few people in the Vatican – indeed, in Europe at large – had any real knowledge in those days of the vast industrial might of the United States.
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