Productivity
in sentence
2837 examples of Productivity in a sentence
Since the global financial crisis erupted in 2008,
productivity
has grown at a snail’s pace.
For almost a decade, annual
productivity
growth in the advanced economies has been close to 1%, versus 2% previously.
Since 2010, the US Congressional Budget Office has lowered its outlook for
productivity
growth in the decade to 2020 from 25% to 16%; so has the United Kingdom’s Office for Budget Responsibility, reducing its forecast from 22% to 14%
productivity
growth.
In 2015, eurozone output barely exceeded its 2008 level, a dismal performance for which sluggish
productivity
growth cannot be blamed.
In other recent recoveries, growth often hit 4% or even 5% when increased capacity utilization pushed up
productivity
and investment.
Some attribute relatively slow growth to demographic factors, which have reduced the labor force, as well as to weak
productivity
levels, which have been low.
For farmers, who must rely on pumped water to irrigate their crops, this means lower efficiency and
productivity.
In the second mode, asset prices fall because investors recognize that they should never have been as high as they were, or that future
productivity
growth is likely to be lower and interest rates higher.
The third mode is like the second: a bursting bubble or bad news about future
productivity
or interest rates drives the fall in asset prices.
I believe it will have a highly favorable impact on business investment, raising
productivity
and overall economic growth.
Adopting a territorial system would increase investment in the US, stimulating
productivity
and growth.
Startups anywhere contribute to job creation, competitiveness, higher productivity, and economic growth, while helping to reduce poverty and fight climate change.
Instead, policymakers should focus on supporting employment and
productivity
gains – historically the most potent weapons against poverty.
Jobs and
productivity
growth could contribute 75% of the potential gains, while increased public spending alone, without measures to improve its effectiveness, would contribute less than 10%.
Over the past 20 years, the usual culprits seem to be low labor productivity, bad macroeconomic management, and divided governments that make legislative consensus almost impossible.
The results have become increasingly obvious and painful: an economy that has suffered more severely in the global crisis than its neighbors to the south; a rent-seeking business elite that is unaccustomed to competition; public and private monopolies that no one seems to have the political will to dismantle; and corporatist pacts that siphon off public resources to unproductive unions, thwarting
productivity
and growth.
The US needs to refocus on innovation to overcome yet another worrisome
productivity
slowdown that could lead to a corrosive stagnation.
From a policy perspective, all 18 of the economies on our list have pursued pro-growth policies that encouraged a virtuous cycle of rising productivity, income, and demand.
Moreover, they fuel
productivity
gains by investing in assets, research and development, and job training at a higher rate than small and medium-size firms, though the latter are also essential elements of successful countries’ business ecosystems.
If the other 53 emerging economies we looked at matched the
productivity
growth of their 18 high-performing peers, the global economy would be $11 trillion richer by 2030 – the equivalent of adding another China.
Capital-labor substitution is at the heart of modern
productivity
strategies for manufacturing-based economies.
A close look at
productivity
growth (output per hour worked) in the US and Europe shows that US capitalism remains as vital than ever.
Having grown at an average annual rate of just 1.6% since the early 1970's, annual US
productivity
growth in the non-farm business sector has accelerated to an average of 2.6% in the seven years since 1995, with no sign of a slowdown.
In 2002,
productivity
grew by 4.8% - an extraordinary result, because
productivity
normally falls during economic slowdowns.
Annual
productivity
growth actually slackened in the second half of the1990's, from 2.5% to just 1.3% today.
This
productivity
gap is often attributed to the "New Economy" that emerged in the late 1990's.
The Ethiopian government went on a spending spree, building roads, railways, power plants, and an agricultural extension system that significantly enhanced
productivity
in rural areas, where most of the poor reside.
The government has had to step in as both private investment and total factor
productivity
growth have faltered in recent years.
Public investment can enhance an economy’s
productivity
for a substantial period of time, even a decade or more, as it clearly has done in Ethiopia.
For starters, monetary-policy normalization in the developed economies – a process that has now been underway for 30 months in the US – looks likely to continue at a slow pace, owing to adverse demographics, high debt levels, and weak
productivity
growth.
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