Structural
in sentence
2531 examples of Structural in a sentence
Those who said that there would be no downturn, or that recovery would be rapid, or that the economy’s real problems were structural, or that supporting the economy would produce inflation (or high short-term interest rates), or that immediate fiscal austerity would be expansionary were wrong.
China, by contrast, sees its growth as tied to a stable currency, and may not want to introduce a more flexible exchange-rate regime, even after the 2.1% revaluation in July, pending alleviation of
structural
problems for which it is extremely difficult to set a timetable.
In fact, even as China’s economy has boomed over the past decade,
structural
adjustment in its domestic sectors slowed, mainly owing to political constraints.
While this argument suggests that the global trading system must make more room for a rising China (and India), it overlooks the need to address the enormous
structural
problems in China’s domestic sectors if export-led growth is to become sustainable.
Postponing
structural
reforms eventually constrains any economy’s performance, as we saw in Japan in the 1980’s and 1990’s.
But the political reality is that China’s government favors rapid growth in the short run over the
structural
reforms needed to sustain long-term economic performance.
Globalization is increasingly viewed as an alternative to domestic
structural
complexity.
The main lesson of Japan’s approach is that launching an aggressive buying spree overseas merely upsets established international balances of interests – thus generating greater tensions with the rest of the world – while hiding the seriousness of
structural
problems at home.
Focusing squarely on
structural
reforms would allay some of the fears that China’s rise has inspired in the rest of the world, while winning praise from the international business community.
In economic terms, China has no choice: it must remove the
structural
obstacles that stand in the way of rapid growth over the next decade or two.
But China’s long-term interest, and that of the world, requires that it get serious about domestic
structural
reform.
If both the old and new sectors of an economy are in a slump, capital formation will sputter, investment in upgrading human capital will decline, and
structural
adjustment will stall.
In other words, lack of social trust blocks
structural
reform.
And European countries facing the need for wrenching
structural
reforms need to restore social trust at home.
Rather than address the
structural
problems afflicting South Korea’s economy, however, Moon has focused on redistribution.
Addressing those concerns – and thus ensuring continued support for inter-Korean cooperation – will require practical solutions to
structural
problems, not more redistributive policies.
But 2012 will also be remembered as the year when
structural
changes in the Brazilian economy were consolidated.
More important, the
structural
changes that we have implemented still have much to contribute to future growth.
One of the more problematic is the new European Semester, a cycle of economic-policy coordination that requires member states to submit early in the year their fiscal and
structural
reform plans, EU-funded and not, choosing from a menu of EU priorities.
Meanwhile the market is mispricing perennial
structural
challenges, in particular mounting and unsustainable global debt and a dim fiscal outlook, particularly in the US, where the price of this recovery is a growing deficit.
Greece’s fire-breathing new government, it is generally assumed, will have little choice but to stick to its predecessor’s program of
structural
reform, perhaps in return for a modest relaxation of fiscal austerity.
Germany and other hawkish northern Europeans are right to insist that Greece adhere to its commitments on
structural
reform, so that economic convergence with the rest of the eurozone can occur one day.
Structural
reform is certainly needed in some countries to increase long-term growth potential; but the impact of
structural
reform on short-term growth is often negative.
Without higher aggregate demand, he argued,
structural
reform could be ineffective; and higher demand requires fiscal stimulus alongside expansionary monetary policy.
Some favor stimulating growth through investment projects, while others emphasize
structural
reform.
Both suffered massive financial crises – rooted in egregious economic mismanagement in Greece and a massive asset-price bubble in Ireland – which were amplified by the eurozone’s
structural
shortcomings.
More worrying has been the dearth of high-level debate regarding the eurozone’s
structural
deficiencies.
At the core of the Greek crisis are
structural
problems: a dysfunctional public administration, oligopolistic product markets, ludicrous regulatory burdens, bureaucratic red tape, and an absurdly slow judicial system.
First, any comprehensive package of
structural
reforms can be implemented only if austerity is relaxed.
By contrast, minimizing the primary-surplus target would encourage the government to pursue
structural
reforms and help restore Europe’s image for ordinary Greeks, thereby countering the populist, conspiracy-theory arguments that are sabotaging negotiations.
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