Structural
in sentence
2531 examples of Structural in a sentence
It reflects the impact of fundamental (and historic) economic and financial re-alignments, insufficient policy responses, and system-wide rigidities that frustrate
structural
change.
Without rapid growth, there is no way to reverse persistently high and increasingly
structural
(and therefore protracted) unemployment; safely de-leverage over-indebted balance sheets; and prevent already-disturbing income and wealth inequalities from growing worse.
Little has been done to deconstruct
structural
complexity, let alone win sufficient public support for a medium-term vision, a credible implementation strategy, and a set of measures that is adequate to the task at hand.
When, during the 1997-98 Asian financial crisis, global investment professionals turned their attention from Thailand and Korea to Hong Kong, they quickly spotted
structural
weaknesses in the way the currency was managed.
But, though central banks claimed credit for the “Great Moderation” of global inflation that followed,
structural
factors (which determine the intensity of cost-push effects) also played a crucial role.
More recently, technological advances have become an increasingly important driver of
structural
transformation, with information technology and job automation reducing wage rates for low-skill jobs and further eroding the political and market power of organized labor.
The result in many countries has been stagnant real wages, increased inequality, and a potential
structural
bias toward deficient nominal demand.
As a result, while central bankers before the 2008 financial crisis viewed themselves as heroes in a battle against inflation, they increasingly found themselves offsetting
structural
deflationary pressures by setting interest rates low enough to stimulate credit booms.
But, though
structural
factors and debt overhangs underpin today’s inadequate demand, a purely macroeconomic response might still solve the problem.
A better strategy would also entail policies that address the
structural
drivers of stagnant wages and consumption.
But the potential importance of
structural
policies should not be ignored.
These policies reflect a remarkable determination to continue on the path of
structural
reform, despite strong headwinds from the deteriorating external environment and domestic
structural
adjustments.
The problem is structural: members of the Bundestag depend on local or regional party organizations, not on their party leader, for their political survival and advancement within the Bundestags hierarchy.
The primacy of static solidarity is due to an aging population, which, along with slower growth, has led to
structural
fiscal imbalances.
There is a perennial temptation to focus on – even to overemphasize – the short-term, tactical drivers of commodity-price movements, at the expense of giving longer-term,
structural
factors their due.
The problem is, at root,
structural.
Events and
structural
forces, however, have affected and changed the nature of the North Korean system since 1991.
In some economies,
structural
rigidities adversely affect investment incentives and returns.
In several countries – such as France, Italy, and Spain – reforms designed to increase
structural
flexibility are also crucial.
In the non-tradable sector (60-70% of the economy in advanced countries), the main growth inhibitors are weak demand, as in the United States following the financial crisis, and
structural
and competitive impediments to productivity, as in Japan.
Of course, China has long been committed to market-driven
structural
reforms, at the national and municipal levels.
China’s government is running real risks as it pushes through
structural
reforms that are unprecedented in speed, scale, and complexity.
Fortunately, China has both the experience and the wherewithal to experiment with the next stage of
structural
transformation.
Of course, as it moves forward, ASEAN will have to make
structural
and policy adjustments to strengthen its voice.
At the same time, given slower growth in world markets and the challenges of domestic
structural
adjustment, the annual growth target has been reduced, to around 7.5%.
These
structural
adjustments are aimed at reducing China’s dependence on heavy industry and manufacturing exports while fostering domestic consumption, promoting higher-tech activities, and strengthening the services sector.
Central bankers, I believe, are underestimating the impact of this
structural
shift.
To make real progress toward reviving their economies, the individual countries need to depend less on quantitative easing by the ECB and focus squarely on
structural
reforms and fiscal stimulus.
Reassuring the markets by adopting
structural
reforms, he has observed, is properly the responsibility of those governments, not of the central bank.
But
structural
reforms cannot be accomplished overnight.
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