Sector
in sentence
4741 examples of Sector in a sentence
Last year, a record-setting $13.6 billion was invested in Europe’s tech sector, compared with $2.8 billion in 2011.
Gone are the days when Europe’s “tech”
sector
largely comprised consumer-oriented e-commerce businesses – often blatant knockoffs of successful US companies.
Of course, Europe’s tech
sector
still has its weaknesses, reflected in its failure so far to produce a tech giant to rival the behemoths of Silicon Valley.
Despite these risks, the overall trend in Europe’s tech
sector
is a positive one.
Increasing labor-market flexibility by reducing the costs of shedding workers will lead – in the short run – to more layoffs in the public and private sector, exacerbating the fall in incomes and demand.
For example, the 12th Five-Year Plan, adopted in March 2011, promised the emergence of a consumer-led economy, resting on the building blocks of urbanization and the development of an embryonic services
sector.
And if they do, it must be in the private
sector
and not in the talent-starved public
sector.
First, countries should be cautious about external financial liberalization when financial
sector
development and institutional quality are below key thresholds.
Together, they will commit more than $7 billion over five years in financing, trade credits, insurance, small business grants, and direct government support to the energy
sector
in six partner countries.
Power Africa takes a “transaction-centered approach,” creating teams to align incentives among “host governments, the private sector, and donors.”
The shadow banking sector’s dependence on the official banking sector’s liquidity and guarantees, and thus ultimately on the government, has not even been touched.
Governments and central banks are responding to damaged balance sheets and credit lockups in an attempt to limit extreme harm to their economies outside the financial
sector.
In the United States, the financial
sector
is undergoing a high-speed but permanent structural transformation, the effects of which could be severe for developing countries’ economic growth.
The irony of the Tea Party revolt, of course, is that it undermines the private
sector
more than it reins in “big government.”
It is the private
sector
– where investment and entrepreneurial activity are needed to generate growth and employment – that has taken a beating.
Unless and until America’s private
sector
recovers, investment and job creation will continue to stagnate.
It is difficult for central bankers to ignore that the financial
sector
stands to benefit enormously from a rise in asset prices.
Above all, this will require structural change and greater competitiveness in an expanded tradable
sector.
Savings in the household
sector
declined and leveled off at about zero, as low interest rates led to over-leveraging, an asset bubble, and an illusory increase in wealth.
Moreover, with excess reliance on domestic demand, the structure of the US economy evolved with a bias toward the non-tradable
sector
(where all of the new jobs were created) and insufficient reliance on foreign demand and hence exports.
That led to income and price movements that caused the tradable sector’s scope to shrink, as lower value-added links of global supply chains moved to emerging economies.
A large shortfall in domestic demand stymies growth and employment in the non-tradable sector, where it is the only demand that is relevant.
By contrast, the part of the tradable
sector
that responds to foreign demand can grow with emerging-economy growth.
That is helpful, but the tradable sector, as it is currently configured, is not an employment engine.
Indeed, the US economy’s structural evolution over the past two decades has made additional foreign demand inaccessible without expanding the scope of the tradable
sector.
When deleveraging in the household
sector
is complete, domestic expenditure may rebound, but the savings rate will not and should not go back to zero.
Fiscal stimulus, in the form of backloading deficit-reduction efforts, might help tide the economy over while structural adjustment and expansion of competitiveness in the tradable
sector
proceed.
For maximum impact, the targeting of some of these investments should be undertaken in collaboration with the private
sector
(business and labor).
Its clients are the banks; it is a place where banks can go to borrow money when they really need to; and its functions are to support the banking
sector
so that banks can make their proper profits as they go about their proper business.
In other words, a central bank’s primary responsibility is not to preserve the health of the firms that make up the banking sector, but rather to maintain the robust functioning of the economy as a whole.
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