Markets
in sentence
9395 examples of Markets in a sentence
The ESM is Ireland’s insurance policy as we work our way out of the bailout program with the “troika” (the European Commission, the ECB, and the International Monetary Fund) and return to the
markets.
Weak global growth is shrinking export markets, and many commodity prices are plunging.
New free-trade agreements are giving European economies access to major
markets
around the world.
At a time when skepticism about
markets
ran rampant, Friedman explained in clear, accessible language that private enterprise is the foundation of economic prosperity.
He railed against government regulations that encumber entrepreneurship and restrict
markets.
China moved away from central planning and allowed
markets
to flourish – first in agricultural products and, eventually, in industrial goods.
When the Berlin Wall fell in 1989, there was no doubt as to which direction the former command economies would take: towards free
markets.
In his zeal to promote the power of markets, he drew too sharp a distinction between the market and the state.
Unfortunately, the world economy is still contending with that blindness in the aftermath of a financial crisis that resulted, in no small part, from letting financial
markets
run too free.
The Friedmanite perspective greatly underestimates the institutional prerequisites of
markets.
–
markets
can work their magic.
In fact, the kind of
markets
that modern economies need are not self-creating, self-regulating, self-stabilizing, or self-legitimizing.
Markets
are the essence of a market economy in the same sense that lemons are the essence of lemonade.
Of course, if you put too much water in the mix, you ruin the lemonade, just as too much government meddling can make
markets
dysfunctional.
The image most people will retain of Friedman is the smiling, diminutive, unassuming professor holding up a pencil in front of the cameras in “Free to Choose” to illustrate the power of
markets.
No single central authority coordinated their actions; that feat was accomplished by the magic of free
markets
and the price system.
But the present-day pencil story would be incomplete without citing China’s state-owned firms, which made the initial investments in technology and labor training; lax forest management policies, which kept wood artificially cheap; generous export subsidies; and government intervention in currency markets, which gives Chinese producers a significant cost advantage.
Many countries, including Italy and Spain, must overcome structural barriers to competitiveness, growth, and job creation through multi-year reforms of labor markets, pensions, housing, and economic governance.
True, the OECD reports that Spain’s
markets
for goods and services are freer than they were before the crisis; but the country has made no more progress than Italy, whose exports have performed poorly.
Moreover, though OECD data point to modest deregulation of Spain’s labor market, there is little evidence linking deregulated labor
markets
with improved competitiveness and exports.
With protracted recession in Europe and slowdowns in emerging markets, concern about budget deficits has given way to apprehension about growth.
Financial analysts are inclined to explain it in terms of America’s extraordinarily well-developed financial markets, which promise unparalleled liquidity.
Nowhere else are there
markets
of such depth, breadth, and resilience.
If Greece wants the prosperity associated with a technologically advanced, twenty-first-century economy, it will have to earn it, by producing innovative products that are competitive on world markets, just as Germany does.
Rethinking the Twenty-First-Century EconomyGENEVA – Before the threat of a US-China trade war arose, surging stock
markets
and corporate profits had obscured the fact that the global economic system is under existential stress.
Beyond the debate about how to tax today’s tech giants, Western economies confront the more fundamental question of whether
markets
still represent the most efficient way to allocate resources.
But they risk ending up with debt/GDP ratios north of 100%, which would leave them at the mercy of financial
markets
should sentiment turn against them.
The risk, therefore, is that product
markets
will tighten while there is still high measured unemployment.
Inflation will begin in product markets, rather than in the labor market.
The large number of long-term unemployed may make the problem more difficult this time by causing the unemployment rate to remain high even when product
markets
are beginning to experience rising inflation.
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