Structural
in sentence
2531 examples of Structural in a sentence
This process will inevitably lead to higher
structural
inflation and currency appreciation in China.
To avoid this outcome, as long as China’s GDP growth exceeds that of OECD economies, its nominal interest rates must also be higher, its exchange rate must be more flexible, and it must tolerate higher
structural
inflation.
Indeed, despite domestic resistance, the PBOC must raise nominal interest rates so that they are in line with
structural
inflation.
Some skeptics argue that this emphasis on values is the wrong explanation of how changes occur in world politics, and that the real problem between Europe and the US is
structural.
Moreover, while America's status as the world's sole superpower is a
structural
fact, wise policies can soften the sharp edges of this reality.
After the 2010 eurozone crisis, the debate shifted toward
structural
reforms.
France advocated for more economic integration, but Germany conditioned any discussion of the eurozone’s future on French
structural
reforms.
In South Korea, Japan, and elsewhere, developing and maximizing women’s potential will require comprehensive education and labor-market reforms, as well as
structural
change, particularly on the services side of the economy.
The most serious
structural
flaws concern high payroll taxes and labor-market regulation, which make it difficult – or at least prohibitively expensive – for firms to reduce their workforce when business conditions worsen.
But selling to the French public painful
structural
change as the price to be paid for “Europe” no longer works.
It could even start moving to a more holistic operational measure (say, nominal GDP), together with indicators of the economy’s
structural
fragility.
Change in the global economy, from a decade of high
structural
growth to a long period of low growth, is playing a major role as well.
The problem with the emergence of these new growth engines is that it enabled China’s leaders to delay important
structural
reforms.
At this point, the authorities could eliminate overcapacity through firm closures, mergers and acquisitions, and other
structural
measures.
In theory, the long-term solution would be to pursue
structural
adjustments that would improve the allocation of resources.
At the same time, however, China’s leadership must continue to pursue its agenda of
structural
reform and adjustment, even if it may have an adverse impact on growth in the short run.
In order to kick-start progress, ECB President Mario Draghi has proposed a grand policy bargain to European governments: if they implement
structural
reforms and improve fiscal flexibility, the central bank will expand its balance sheet to boost growth and thwart deflation.
Meanwhile, in Japan, the private sector’s patience with Prime Minister Shinzo Abe’s three-pronged strategy to reinvigorate the long-stagnant economy – so-called “Abenomics” – will be tested, particularly with regard to the long-awaited implementation of
structural
reforms to complement fiscal stimulus and monetary easing.
Second, beyond strengthening economic institutions, EU countries must accelerate
structural
reforms to boost their long-run growth prospects and facilitate their smooth adjustment to shocks.
Europe’s leaders remain convinced that
structural
reform must be their top priority.
What Europe needs more than
structural
reform within member countries is reform of the structure of the eurozone itself, and a reversal of austerity policies, which have failed time and again to reignite economic growth.
And Spain’s recent general election, held three days after the Brexit referendum, suggests that, despite high unemployment, austerity, and painful
structural
reforms, moderate, pro-European forces remain a majority.
Germany’s path largely reflects a
structural
evolution that marks the way Germans now look at Europe.
The US faces two distinct fiscal challenges: the tax increases and spending cuts that threaten to derail the economy in 2013; and a long-term
structural
deficit that is likely to mean higher interest rates, less investment, and slower growth once the economy has recovered and the output gap has disappeared.
Unlike the fiscal cliff, the
structural
deficit problem is not imminent: contrary to deficit hawks’ dire warnings, the US does not face a time-sensitive debt crisis.
Consistent with other recent pronouncements of senior Chinese officials, the political report leaves little doubt that supply-side
structural
reforms are now the highest priority of economic policymakers.
Notwithstanding all the self-congratulatory flourishes in Xi’s political report, there is good reason to believe that the Chinese economy is only in the early stages of its long-heralded
structural
transformation.
For starters, China’s new leadership has moved away from outsize fiscal and monetary stimulus and accepted an economic slowdown, betting on
structural
change, systemic reform, and sustainable longer-term growth.
This is important because the private sector in Italy (and in Spain) cannot match the
structural
flexibility found in the US (and in Germany since its reforms in 2003-2006).
And, already, labor-market flexibility has been undermined by
structural
inertia, including difficulties in retooling and retraining workers, particularly the long-term unemployed.
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