Productivity
in sentence
2837 examples of Productivity in a sentence
It was not long before feudalism began to dissolve; liberal and democratic values gained traction; women secured greater rights; and economic systems emerged that could boost productivity, achieve high growth rates, and improve living standards.
In particular, Saudi Arabia has been forced to initiate a shift toward an economic model that emphasizes investment and
productivity
as the main drivers of economic growth.
Taken together, they will have an adverse effect on worker productivity, thus undermining overall economic growth.
A higher share of seniors in the workforce has thus resulted in lower overall
productivity
in US states and across countries.
Against this background, it is vital not only to ensure that there are enough quality jobs for all workers, old and young, but also to boost
productivity
among older workers – an objective that new technologies can help to achieve.
Malnutrition costs an estimated $3.5 trillion every year to the global economy, owing to loss of
productivity
and higher health-care costs.
This results in significant increases in agricultural
productivity
and higher profits.
More generally, we must focus not just on technological progress and economic productivity, but also on how these forces are affecting people, communities, and the environment.
These include educational opportunity and performance, the relationship between
productivity
and wage growth, the concentration of economic rents, the effectiveness of the financial system’s intermediation of investment in the real economy, physical and digital infrastructure, and the coverage and adequacy of basic social protections.
In fact, per capita GDP – and thus
productivity
– in a number of Chinese provinces with a combined population of over 100 million is similar to that of advanced countries (around $30,000 per capita at purchasing power parity).
Of course, the national average is much lower (about one-half), as overall
productivity
is much lower, and the Chinese authorities have to calibrate policies for their entire vast country.
Absent an unlikely acceleration in productivity, it is the confluence of these two forces – a tight domestic labor market and new global pressures – that spells trouble on the US inflation front.
Then a decade of nominal-wage growth that out-paced
productivity
gains led to a rise in unit labor costs, real exchange-rate appreciation, and large current-account deficits.
So the question is whether these euro-zone members will be willing to undergo painful fiscal consolidation and internal real depreciation through deflation and structural reforms in order to increase
productivity
growth and prevent an Argentine-style outcome: exit from the monetary union, devaluation, and default.
Yet, given the changing dynamics of the labor market and subdued
productivity
growth, average wage gains are not likely to be much more than 2.5%.
At the same time, nominal wages in Bitcoin would increase forever in real terms, regardless of
productivity
growth, adding further to the likelihood of an economic disaster.
Worst of all, racism has flourished, because
productivity
and social utility have become less effective in protecting targets of discrimination.
A corollary hypothesis is that employers, disturbed by the extremely slow growth of productivity, especially in the past ten years, have grown leery of granting pay raises – despite the return of demand to pre-crisis proportions.
Well-targeted public investment can raise
productivity
and boost living standards, ameliorate concerns about inequality, and address Germany’s economic weaknesses.
Indeed, this is the bottom line economically, for where there is little saving, there is little investment--and little basis for capital accumulation and
productivity
growth.
The European Union's highly touted "Lisbon Declaration" of a few years ago, which proclaimed that Europe would become the world's most competitive region by 2010, appears laughable to Americans, whose
productivity
gains seem to scale new heights constantly.
Behind this stagnation is the slowdown in
productivity
growth since 1970.
The wellspring of such
productivity
gains – indigenous innovation – has been badly clogged since the late 1960s (mostly in established industries) and was even more so by 2005.
In the US, total factor
productivity
growth set records in the 1930s, when the economy fell into and then grew out of the Great Depression.
That high percentage largely reflects America’s rapid
productivity
growth, which boosted wage rates.
Yet from 1890 to 1940, rapid
productivity
growth was normal in Britain, Germany, and France as well – as it was in the “30 Glorious Years” from 1945 to 1975.
At the same time, employment gains have not translated into proportionately higher output, as
productivity
remains depressed, while inflation expectations remain subdued.
The reality is that Spain now faces the daunting challenge of boosting
productivity
amid persistently low inflation, a heavy burden of domestic and external debt, restrictive macroeconomic policies, and serious demographic challenges.
Indeed, by boosting
productivity
and underpinning the emergence of new industries, technological progress has historically fueled economic growth and net job creation.
Or can we beat the
productivity
paradox by harnessing the power of machines to support development in ways that benefit more than the bottom line?
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