Productivity
in sentence
2837 examples of Productivity in a sentence
Boosting
productivity
is therefore imperative.
On paper, the recipe for success looks straightforward: economic policy should aim at reducing the gap between larger companies, whose performance matches those of their German or French counterparts, and smaller firms, where
productivity
is half as high.
Their conclusion is that neither sectoral developments nor credit constraints nor labor-market regulation can account for the observed
productivity
developments.
The latter would be well advised to put the need for a growth and
productivity
policy, rather than simple adherence to fiscal targets, at the top of the agenda.
But they should realize that though they may be popular, unfunded distributional proposals will ultimately prove ineffective, even more so if the
productivity
problem is not addressed head-on.
But nor can there be any comparison to the Great Recession in terms of weak
productivity
growth.
America continues to lead the world in standard of living, productivity, and innovation.
From asset bubbles and excess leverage to currency suppression and
productivity
impairment, Japan’s experience – with lost decades now stretching to a quarter-century – is testament to all that can go wrong in large and wealthy economies.
Moreover, because urbanization is a capital-intensive endeavor and China’s capital stock per worker – a key driver of
productivity
growth – is still only 13% of the levels in the United States and Japan, China has good reason to remain a high-investment economy for years to come.
The current wave of industrialization and urbanization – associated with faster
productivity
growth as resources move to higher-productivity activities – is far from over.
With faster population and
productivity
growth, most emerging-market economies’ relative growth advantage over the developed economies will remain sizeable, albeit smaller than in the last decade.
More broadly, all countries responsible for the degradation and destruction of the South China Sea’s shallow-water ecosystems must halt activities that threaten the region’s biodiversity and economic
productivity.
It is crucial to distinguish inequality in
productivity
among firms from unequal distribution of income within firms.
But there is surprisingly deep inequality in firms’ productivity, which means that the size of the pie varies radically.
This is especially true in developing countries, where it is common to find differences in
productivity
of a factor of ten at the provincial or state level and many times higher at the municipal level.
A shortage of any of these inputs can have disastrous effects on
productivity.
Even within cities, poor areas are so disconnected and inadequately endowed that
productivity
is dismal.
Given
productivity
constraints, redistribution is only palliative, not curative.
They are faced with the choice of connecting a few places to most inputs and getting high
productivity
there, or putting some of the inputs in all places and getting very little
productivity
growth everywhere.
The director of a medium-size textile enterprise in Bangladesh admits without hesitation that 70% of his employees are between the ages of 13 and 17."They provide the same
productivity
as adults," he says, "but for a fraction of the cost."
What is disturbing is the post-1972 slowdown in productivity, from 2.5% to 1%.
The economic purpose is to re-channel private saving from deficits to
productivity
enhancing investments.
Standard economics says that this switch will, at least temporarily and modestly, augment growth -- provided that the Fed makes sure that fiscal cutbacks are not wasted in recession and unemployment, and that expenditure cuts are not in public investments with high social
productivity.
As a result, southern Europe adopted an economic configuration in which its wage, price, and
productivity
levels made sense only so long as it spent €13 for every €12 that it earned, with northern Europe financing the missing euro.
Northern Europe, meanwhile, adopted wage and
productivity
levels that made sense only as long as it spent less than one euro for every euro that it earned.
Now, if, as appears to be the case, Europe does not want its south to spend more than it earns and its north to spend less, wages, prices, and
productivity
must shift.
If we are not to look back in a generation and bemoan “lost” decades, southern European
productivity
levels need to rise relative to the north, and wage and price levels need to fall by roughly 30%, so that the south can pay its way with exports and northern Europe can spend its earnings on those products.
The fourth option would be wonderful; but, if anyone knew how to bring southern Europe's enterprises up to the
productivity
levels of the north, it would have happened already.
The movement of workers from low to higher
productivity
uses - whether from firm-to-firm, sector-to-sector or region-to-region - is thwarted if employers do not have the power to sack.
In fact, Spanish factories have boosted their
productivity
to such a degree that they are now taking orders away from their European competitors.
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