Sectors
in sentence
2018 examples of Sectors in a sentence
Spain’s unemployment rate is high, but it would undoubtedly be higher without its policy to foster wind power and other clean-tech sectors, in which a half-million jobs have been created.
The AfDB’s Trade Finance Program, established in February 2013, has so far supported more than 85 domestic banks in 27 African countries, catalyzing approximately $3.4 billion in trade in vital
sectors
such as agriculture, manufacturing and construction, and energy.
As the fast-growing
sectors
absorb an increasing amount of resources, a shift toward more market-oriented interest rates is needed to ensure efficient allocation.
Meanwhile, the slow-growing
sectors
risk falling into a “balance-sheet recession," with highly indebted SOEs and local governments becoming so focused on paying down their debts that they stop investing in needed infrastructure, even when interest rates fall.
Increasingly, the industry is implementing approaches that have ensured success in other sectors, such as reducing procurement costs and deploying lean principles in manufacturing.
First, the sanctions imposed so far – visa cancellations, asset seizures or freezes, and the like – will not give Sevastopol back to Ukraine, but they will eventually bite, at least in certain Russian business
sectors.
The fastest growing
sectors
of the economy since the late nineteenth century have been those loosely classified as “service industries,” often involving the dissemination of information and entertainment – activities in which Jews have been especially prominent, from publishing to vaudeville and from movies to commercial sports.
In the meantime, depreciation or devaluation (which has been even more dramatic in the black market) will not boost exports much, because a single or handful of commodities – prices for which remain depressed – dominate these countries’ tradable sectors, while public and private debts are denominated in US dollars.
However, as with technology, the public and nonprofit
sectors
have been slow to keep up; both still need to recognize the value of social enterprises focused on education.
This calls for a major training effort, support for mobility, incentives to accept job offers, and the opening of sheltered
sectors.
As a measure of policy success, GDP is particularly poorly suited to countries with large public
sectors.
But they may not be in the concentrated, visible
sectors
that moved to developing countries.
Meanwhile, with Europe too enfeebled to tame Trump, the US will aim to force China to deregulate its financial and tech
sectors.
Intervention may be needed in fragile
sectors
of the US economy, like housing, where faltering performance could produce another downturn.
That structural shift, in combination with the renminbi’s strengthening effective real exchange rate relative to the dollar, owing to inflation and rapidly rising wages in export sectors, offers hope that China’s surplus will fall.
If growth in the trade sector boosts that of domestic non-trade sectors, then a fixed exchange rate will not put pressure on the external balance of payments as demand for imports rises.
But the surplus merely masks the structural problems of China’s domestic economic
sectors
and poorer regions.
Although the expansion of exports has been dramatic, now accounting for 70% of China’s GDP, it has exerted no pull on other economic sectors, because it has been confined to foreign-owned manufacturing and assembling enterprises.
Following the 2008 financial meltdown, the US Federal Reserve cut the policy rate to almost zero and pursued so-called quantitative easing (QE), by purchasing long-term securities from the public and private
sectors.
One reason is that rebalancing is needed when a defective growth pattern distorts the economy’s structure, particularly the balance between the tradable and non-tradable
sectors.
Given that nearly all consumer and industrial products are in short supply in Africa, similar job-creation partnerships could be established in other sectors, resulting in permanent, mutually beneficial cooperation between Europe and Africa.
So the question is not whether robots and computers will make human labor in the goods, high-tech services, and information-producing
sectors
infinitely more productive.
Then came the protracted process of income-distribution equalization, as machines, installed to substitute for human legs, and fingers created more jobs in machine-minding, which used human brains and mouths, than it destroyed in
sectors
requiring routine muscle power or dexterity work.
Their rising prosperity is also reflected in the retail
sectors
of Tokyo and Seoul, where increasingly wealthy Chinese tourists engage in “binge shopping.”
On the expenditure side, the budget is expansionary, scaling up investment spending dramatically, introducing new welfare programs, and increasing credit for various
sectors.
For example, the capital inflows associated with external borrowing are putting upward pressure on the peso, threatening
sectors
that are important for job creation.
In the Asia-Pacific region alone, getting more women into full-time employment in higher-paid, higher-productivity
sectors
could add $4.5 trillion per year to GDP, 12% above the current trajectory.
Key
sectors
like farming, health, education, banking, and insurance are already being transformed, greatly enhancing the region’s business landscape.
There is the radical democratization of access to information, which is affecting the public and private
sectors
alike.
Governments must do the same, by constantly upgrading skills and nurturing innovation – among their own employees, across key
sectors
of the economy, and at the foundations of the education system.
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