Productivity
in sentence
2837 examples of Productivity in a sentence
In addition to cutting lives short, NCDs exact a massive economic toll on their victims, their families, and their communities, sapping economic
productivity
and driving up medical costs.
For starters, the lack of capital makes it difficult for women to buy quality seeds and fertilizer, or even to access farmland, which in turn reduces agricultural
productivity.
The UNDP estimates that failure to integrate women into national economies costs the countries of Sub-Saharan Africa a combined $95 billion in lost
productivity
every year.
Moreover, structural factors like population aging and low
productivity
growth – which were previously masked by debt-fueled demand – may be hampering the recovery.
The third process is what is known as the First Age of Globalization, between 1850 and 1914, when living standards and labor
productivity
levels converged in the global north.
One possibility is that expanded public and private investment begins to reverse the downward
productivity
trend, thereby generating real growth.
The higher
productivity
that would result, say, from building a school rather than a jail, would improve citizens’ wellbeing, thereby reducing the need to invest in violence prevention.
Long-term
productivity
growth, however, depends on educational improvements, adequate provision of public goods and infrastructure, and a healthy business environment that stimulates entrepreneurship and innovation.
Even stranger,
productivity
growth does not seem to be soaring, as one would expect; in fact, it seems to be decelerating, according to research by John Fernald and Bing Wang, economists in the Economic Research Department of the Federal Reserve Bank of San Francisco.
But right now, and leaving aside the possibility of an existential battle between man and machine, it seems quite plausible to expect a significant pickup in
productivity
growth over the next five years.
And measured
productivity
growth has declined everywhere, falling roughly by half in the US since the tech boom of the mid-1990s.
Beyond being a key aspect of corporate social responsibility, curbing PLCs – and thereby ensuring the health and
productivity
of current and future generations – is in firms’ interest.
Three-quarters of the world’s poor live in rural areas, where agricultural workers suffer the highest incidence of poverty, largely owing to low productivity, seasonal unemployment, and the low wages paid by most rural employers.
Africa stands to benefit from a massive economic turnaround, provided that the right environment for sustainable growth and rising
productivity
is created.
In economic development, as in life, there’s no free lunch: Without high rates of investment in know-how, skills, machinery, and sustainable infrastructure,
productivity
tends to decline (mainly through depreciation), dragging down living standards.
After all, the Italians, Germans, and French work hard and well over a relatively small number of hours, resulting in high hourly
productivity
and wages – higher than in the United States and the United Kingdom.
The prospects for the two key drivers of long-term growth – the size and growth of the working-age population and
productivity
– look grim for the eurozone’s largest countries, even Germany, the one economy that most acknowledge is, from a cyclical perspective, doing just fine.
And labor-hoarding was encouraged at the expense of
productivity
and profitability.
Instead of the
productivity
surge experienced in the US, it has gone through a sort of
productivity
holiday, with serious consequences.
The Bank of England’s latest Inflation Report reckons that UK
productivity
is 10% below pre-crisis trends, owing to low investment and a slowdown of the Schumpeterian process of creative destruction.
As in continental Europe,
productivity
has suffered from a combination of insufficient profitability and dysfunctional capital markets.
Raising farm
productivity
and income requires improved irrigation, wasteland reclamation, warehousing, marketing, transport development, and the free movement of produce within the country.
For example, a 2016 review of cash transfer programs in Africa found that the absence of stress and shame enhanced confidence in recipients, leading to improved decision-making and
productivity.
Since the euro was established in 1999, Germany’s
productivity
growth has been no more than average among European countries, real wages have declined for half the workforce, and annual GDP growth has averaged a disappointing 1.2%.
Good data are especially important for measuring “gainful employment,” which is defined by the type of work done by people already employed, labor productivity, earnings, and working conditions.
Estimates are based on the amount of labor and capital available for production and an assessment of their joint
productivity.
True, there are reasons to reassess a country’s potential growth in line with new information on labor-market conditions, investment, and
productivity.
There is a vast difference between unit labor costs – real wages adjusted for
productivity
– in Germany and in the heavily indebted southern countries.
Growth will not resume until production costs in the indebted countries decline, which requires either a substantial permanent increase in productivity, a reduction in real wages, or both.
Austerity reduced the number of employed workers, particularly those with low skill and
productivity
levels.
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