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Productivity in sentence

2837 examples of Productivity in a sentence

After all, the unraveling of that order started long ago, with the rise of footloose capital, the abandonment of full employment as a policy goal, the delinking of wages from productivity, and the intertwining of corporate and political power.
Labor productivity remains chronically low, and investment – foreign and domestic – has dried up.
This system comes at considerable costs to the Russian economy, favoring rent-seeking at the expense of productivity growth.
For example, Stephen Cecchetti and Enisse Kharroubi of the Bank for International Settlements (BIS), have argued that an excessively large financial sector damages productivity and growth.
The financial sector, which typically pays more than most others, draws scarce high-level skills away from areas of the economy in which they may contribute more to productivity.
Projects like these are being replicated across the continent, generating billions of dollars in value in terms of reduced costs, productivity gains, and increased revenues.
These changes have made significant contributions to productivity, but they have also created the perception that jobs were outsourced, as manufacturing moved to economies with lower labor costs.
A rapid reduction in unit labor costs, through structural reforms that increased productivity growth in excess of wages, is just as unlikely.
Over the long term, owing to increasing populations, expanding middle classes, and rapid productivity gains, emerging-market economies that pursue sound policies will continue to grow much faster than developed economies.
Today’s Productivity ParadoxNEW YORK – Recent trends in productivity growth make it hard to be optimistic about the future.
In 2014, the global growth of total factor productivity, or TFP, which measures the combined productivity of capital and labor, was essentially zero for the third consecutive year.
In the US, revised data released at the beginning of December show productivity up only 0.6% year on year in the third quarter.
Economists such as Robert Gordon of Northwestern University argue that this slump in productivity growth reflects the stagnation of technology.
The positive effect of instant messaging and video gaming on productivity and living standards pales in comparison.
Indeed, when radical innovations are first rolled out, their immediate effect is to reduce, not raise, productivity.
Meanwhile, established modes of production were “disrupted,” in twenty-first-century business-school parlance, causing productivity to fall.
But this slump in productivity was actually a harbinger of better times.
If productivity has fallen temporarily because everyone is hard at work at the twenty-first-century equivalent of reorganizing the factory floor, then the employment rate should be going up, not down, as firms continue to operate their old “steam-powered machinery” at the same time they are adding new “electrical capacity.”
They are delivering less patient care as they spend more time hunched over their laptops, inputting data that add nothing, currently, to their productivity.
But where it counts – in overall productivity and economic growth – the story is one of substantial disappointment.
Since 1996, per capita economic growth has averaged well below 1.5%, and total factor productivity has stagnated or declined.
The bulk of Mexican workers remain employed in “informal” firms – especially firms in which employees are not on salaried contracts – where productivity is a fraction of the level in large, modern firms that are integrated into the world economy.
But this churn does not seem to be of the kind that increases overall productivity.
As a result, the economy’s overall productivity has been stagnant or declining.
Good intentions aside, the result may be that the low productivity segment of the economy is subsidized, while the high productivity segment is taxed.
That failure partly reflects the short-termism that tends to dominate in Western democracies, where short electoral cycles (from about six months to four years) often compel politicians to focus on cyclical issues, rather than on structural impediments to long-term productivity gains and income growth.
As the late MIT economist Rudi Dornbusch pointed out, it makes more sense for residents of poor countries to invest their resources at home in ways that raise productivity and living standards, rather than buying US Treasury bills.
Digital connections promote productivity growth; indeed, they can help developing economies move to the productivity frontier by exposing their business sectors to ideas, research, technologies, and best management and operational practices, and by building new channels to serve large global markets.
Twenty-first-century globalization, driven by digitization and rapid changes in competitive advantage, can disrupt local industries, companies, and communities and cause job loss, even as it spurs greater productivity, boosts overall employment, and generates economy-wide gains.
Every other objective, whether productivity growth, keeping foreign friends, improving education, or healing social wounds, takes a back seat to strengthening his rule.
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