Structural
in sentence
2531 examples of Structural in a sentence
Is it more difficult to predict, and adjust to, the coming of a fundamental change, than to defend the present order, under the motto of “the devil you know is always preferable to the devil you don’t know!”But, beyond these mental habits lie more
structural
reasons for the conservatism of foreign policymakers and diplomats.
In Greece, by contrast, there is no evidence that the many
structural
reforms imposed by the “troika” (the European Commission, the European Central Bank, and the International Monetary Fund) have led to any real improvement on the ground.
To succeed, monetary, fiscal, and
structural
policies must be implemented together, in a logical and mutually reinforcing order.
Conversely, if populist opposition makes
structural
reforms impossible, this encourages conservative resistance to expansionary macroeconomics.
Both macroeconomic and
structural
policies would then be easier to justify politically – and much more likely to succeed.
If “Macroneconomics” – the attempt to combine conservative
structural
policies with progressive macroeconomics – succeeds in replacing the market fundamentalism that failed in 2007, the lost decade of economic stagnation could soon be over – at least for Europe.
Structural
deflationary pressures in the developed countries – such as highly debated increments of productivity in the United States – help the central banks to maintain price stability, which means that growing exports and high terms of trade have been accompanied by reasonably low interest rates.
They are structural, and they severely affect at least four other economies: Ireland, Portugal, Cyprus, and Spain.
Symmetrical reflation is the best option for restoring growth and competitiveness on the eurozone's periphery while undertaking necessary austerity measures and
structural
reforms.
The bitter medicine that Germany and the ECB want to impose on the periphery – the second option – is recessionary deflation: fiscal austerity,
structural
reforms to boost productivity growth and reduce unit labor costs, and real depreciation via price adjustment, as opposed to nominal exchange-rate adjustment.
Even
structural
reform reduces output in the short run, because it requires firing workers, shutting down money-losing firms, and gradually reallocating labor and capital to emerging new industries.
If the peripheral countries remain mired in a deflationary trap of high debt, falling output, weak competitiveness, and
structural
external deficits, eventually they will be tempted by a third option: default and exit from the eurozone.
Unless they abandon asymmetric adjustment (recessionary deflation), which concentrates all of the pain in the periphery, in favor of a more symmetrical approach (austerity and
structural
reforms on the periphery, combined with eurozone-wide reflation), the monetary union's slow-developing train wreck will accelerate as peripheral countries default and exit.
It centers on whether China is best understood as a strong country, with a promising future despite some short-term difficulties, or as a country facing serious
structural
problems and uncertain long-term prospects.
This is often attributed to two
structural
causes.
For starters, political parties should recognize Germany’s “hidden” populism for what it is: a serious
structural
challenge.
As Brad Setser of the Council on Foreign Relations explains, the oversight board justifies its optimism by assuming – implausibly, in our view – that the plan’s proposed
structural
reforms for the 2021-2023 period will deliver extraordinarily large gains.
With analysts focused more on short-term figures than on
structural
trends, it is not surprising that financial markets often fail to comprehend the real story.
In pursuing them, Varoufakis felt empowered by the scale of Syriza’s electoral win and compelled by economic logic to press three issues that many economists believe must be addressed if sustained growth is to be restored: less and more intelligent austerity;
structural
reforms that better meet social objectives; and debt reduction.
Second – and here’s where the surprise came – they all agreed that, with the benefit of hindsight, these excruciating adjustments were worth it, because their crisis-torn economies were forced to embrace
structural
reforms that paved the way for their spectacular economic performance today.
In Asia in the late 1990’s, measures aimed at the financial sector dominated IMF-imposed
structural
adjustment programs, but there were also programs that focused on tax and expenditure reforms, corporate governance, privatization, and business-debt restructuring.
So Asia’s
structural
lessons are equally important to the developed world.
They set out to address the
structural
weaknesses that had brought their systems down.
Structural
barriers do not represent the only problems of access to treatment in the health care system.
So far, the Greek crisis has been treated as a recurring emergency, rather than the
structural
problem that it is.
What is needed is not
structural
reform within Greece and Spain so much as
structural
reform of the eurozone’s design and a fundamental rethinking of the policy frameworks that have resulted in the monetary union’s spectacularly bad performance.
Stiglitz and I agree that Alvin Hansen’s prediction was not borne out after World War II because of a combination of expansionary policy and
structural
changes in the economy.
This was my point five years ago in renewing the idea of secular stagnation – to suggest that the economy as it was in 2013 required some combination of fiscal expansion and
structural
change to sustain full employment.
My discussions of secular stagnation have all emphasized a variety of
structural
factors, including inequality, high profit shares, changes in relative prices, and global saving patterns.
Second, though oil prices may be cyclical,
structural
changes in energy markets are likely to undermine price increases.
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