Structural
in sentence
2531 examples of Structural in a sentence
Simultaneous debt reduction and
structural
reforms, we now know, will overextend any democratically elected government because they overtax its voters.
And, without growth, there will be no
structural
reforms, either, however necessary they may be.
The eurozone’s cohesion and the success of its necessary
structural
reforms – and thus its very survival – now depend on whether it can overcome its growth deficit.
The official version of these events was that the EU was obliged to intervene to force a wayward population back to the path of fiscal rectitude and
structural
reform.
But could something like the Maastricht process be used to implement
structural
reform?
One mechanism that has often been effective at reining in powerful special interests in individual EU states, and thus at implementing
structural
reforms, is action by the European Commission.
But, if the eurozone is to survive and prosper beyond the current crisis, it will also need comprehensive
structural
reforms to boost internal labor mobility and defuse the pressures caused by economic adjustment among nations and regions.
The Euro CatalystPARIS – In 2000, shortly after the launch of the euro, I wrote a book arguing that countries adopting the common currency should be forced in one way or another to implement
structural
reforms.
No one can deny that
structural
reforms are currently underway in all eurozone countries that have been struck by the crisis.
It wasn’t long before it was back to “business as usual,” with hardly any
structural
reform.
As for the
structural
reforms now underway or in the planning stage, the most important question is not whether the euro, the crisis, or a combination of the two brought them about, but whether they will succeed.
The
structural
anti-Americanism arising from the global distribution of power was evident well before the Iraq war, in the opposition to American-led globalization during the Clinton years.
One problem seems to be conditionality, with countries unwilling to commit to complementary fiscal and
structural
reforms.
Feeble at best, they have invariably avoided the type of
structural
changes Pakistan needs if it is ever to break out of its recurring, worsening crisis.
Services, after all, will help drive China’s
structural
transition from a middle- to a high-income economy.
And, according to the International Monetary Fund, the
structural
deficit (sometimes called the “full-employment deficit”), a measure of fiscal stimulus, has fallen from 7.8% of potential GDP to 4% of potential GDP from 2011 to 2014.
And the same trends have been apparent in the United Kingdom, where Prime Minister David Cameron’s government has cut the
structural
budget deficit from 8.4% of potential GDP in 2010 to 4.1% in 2014, while the unemployment rate has fallen from 7.9% when Cameron took office to 6%, according to the most recent data for the fall of 2014.
The turn to the right derives from both
structural
and circumstantial factors.
These
structural
elements have been reinforced by developments in the region, which have reinforced the sense among Israeli voters that they are threatened by numerous enemies: Iran and its nuclear ambitions;Hezbollah and Hamas and their missiles; the rise of ISIS amid state failure in Iraq, Syria, and elsewhere.
Revelations during the campaign – for example, that, in a 2015 speech, she had said that “deep-seated cultural codes, religious beliefs, and
structural
biases have to be changed” to secure women’s reproductive and other rights – reinforced fears that she would push too progressive a social agenda.
This move toward support of effective demand must be combined with the kind of
structural
reforms that will allow more rapid, supply-side growth in the longer term.
Another, more
structural
reason is that the prices of the goods comprising a large part of the consumer price index tend to fall over time, because they can be produced increasingly efficiently in low-wage countries, particularly in Asia.
While the debate about China’s near-term outlook should hardly be trivialized, the far bigger story is its economy’s solid progress on the road to rebalancing – namely, a
structural
shift away from manufacturing and construction activity toward services.
That may seem like marginal progress, but it is actually quite rapid relative to the normally glacial pace of
structural
change – a process that began in China only in 2011 with the enactment of the 12th Five-Year Plan.
Structural
reforms are also necessary in most European economies to bolster competitiveness and boost potential growth.
But such reforms take time: German Chancellor Angela Merkel appears to have forgotten that it took more than a decade and roughly €2 trillion ($2.5 trillion) in subsidies for
structural
reforms to make the former East Germany competitive with the rest of the country.
But Germany sees no need to stimulate its own economy, and is willing to consider only modest eurozone measures, such as additional capital for the European Investment Bank, a small pilot program for European Union “project bonds” for infrastructure investment, and more rapid deployment of unspent EU
structural
funds.
With the right
structural
reforms, it may even be able to achieve a sustained period of Chinese-style double-digit economic growth.
In fact, the Chinese government’s stance – based on Premier Li Keqiang’s “Likonomics,” which prioritizes
structural
reform over rapid GDP growth – will prove to be in the best interests of China and the rest of the world.
China’s
structural
problems – including restrictions on labor mobility, a rigid and risk-laden financial system, and excessive reliance on government investment – are threatening its stability and economic development.
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