Productivity
in sentence
2837 examples of Productivity in a sentence
Rather, costs are low because for almost two centuries colonial powers and then domestic governments hobbled markets and restricted international trade, leaving a legacy of wages so low that they offset weaker
productivity.
More effective use of counter-cyclical policies may have subsequently smoothed out the economic cycle, but this cannot explain why
productivity
and incomes also grew more rapidly than in the 19th century.
Meanwhile, excessive income and wealth inequalities are weakening the fabric of societies; persistent joblessness in advanced countries is undermining
productivity
and skills; policy effectiveness and flexibility are deteriorating; and the world economy is facing increasing challenges in accommodating the development breakout phase in systemically important emerging economies.
First, low interest rates do not necessarily indicate that advanced economies are mired in a low-growth trap as a consequence of adverse demographic trends and slow
productivity
growth.
We could make the same point concerning agricultural
productivity.
Poor countries often have extremely low agricultural productivity, not mainly because of poor policies, but because of poor soils and difficult climatic conditions.
As Bruce Greenwald and I (with our co-authors) have argued, high growth in agricultural
productivity
(combined with high global production) drove down crop prices – in some cases by 75% – in the first three years of the Depression alone.
The direct market impact of this pollution in terms of lower worker productivity, higher health spending, and lower crop yields, could exceed 1% of GDP, or $2.6 trillion, annually by 2060.
My research argues that they are usually structural, the result of powerful shifts in expectations about future
productivity
and profitability.
To mitigate risk, people in rural areas have always relied on their personal networks for information to help them weather crises, improve productivity, and limit crop losses.
America’s trade position will be strengthened by the shale-gas revolution, which promises energy self-sufficiency, and by increases in
productivity
that auger further re-shoring of manufacturing production.
Ownership of land – whether co-ownership, for a married woman, or sole ownership, for a single female head of household – not only improves economic security and productivity, but also boosts access to traditional finance.
Governments across Asia must devise ways to transform their education and training systems, so that workers acquire the skills they need to boost economic growth and
productivity
– the key to better jobs and higher wages.
Financial markets are thus even more important for China than for the US or Europe, and there are clear signs that the
productivity
of investment has been declining rapidly in China.
The idea that tax cuts would lead to
productivity
gains and would pay for themselves (and fix the budget) has proved entirely illusory.
Improved learning leads to better jobs, greater productivity, and higher incomes in every society.
Unmitigated climate change could also result in severe damage to labor
productivity
– the single most important driver of any country’s prosperity.
The Global Partnership for Oceans is a promising new alliance of more than 100 government and international institutions, civil-society organizations, and private companies seeking to address threats to ocean health, resilience, and
productivity.
The two economic powers’ similarities and differences, particularly with respect to internal labor mobility, productivity, and fiscal policies, suggest why – and provide clues about whether the eurozone can weather the crises on its periphery and evolve into a stable single-currency area.
Moreover, it is a pattern that has closed the gap (now roughly 40%) between per capita income in America’s poorest and richest states, as labor and capital continually adjust by moving to areas where
productivity
is higher.
The range of
productivity
and per capita income within the eurozone is considerably wider, making mobility even more important.
The resulting underinvestment and depreciation of the global economy’s asset base are suppressing
productivity
growth and thus undermining sustainable recoveries.
In addition to the Yom Kippur War of 1973 and the Iranian Revolution of 1979,
productivity
growth began to slow at the same time that unions still had substantial pricing power, and previously negotiated wage increases were already locked into many workers’ contracts.
The country also needs to find ways to enhance the
productivity
of those workers it does have.
Of course, talent should go where it is most productive, and higher private-sector wages reflect the potential for higher
productivity.
At the same time, it pointed to the need to increase food production to feed the extra two billion people expected to be alive in 2050, and suggested that more investment in agriculture in developing countries is required to improve
productivity.
At the same time, by connecting the right person with the right role, such platforms can boost
productivity.
That falloff in investment implies slower
productivity
growth, while aging populations in developed countries – and now in an increasing number of emerging markets (for example, China, Russia, and Korea) – reduce the labor input in production.
Economists call this “hysteresis”: Long-term unemployment erodes workers’ skills and human capital; and, because innovation is embedded in new capital goods, low investment leads to permanently lower
productivity
growth.
Is
productivity
really falling, as implied by most economic statics, or accelerating, as technological breakthroughs suggest?
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