Structural
in sentence
2531 examples of Structural in a sentence
The policy mix remains too pro-cyclical, causing the deflationary impact of fiscal consolidation to drown out the benefits of
structural
reform.
In fact, I would venture to predict that the northern powerhouse project, which has already attracted the attention of local and foreign investors, will be one of the UK’s most important
structural
economic policies for many years to come.
The growth of potential GDP will reflect the
structural
rise of the labor force, the increase in the capital stock, and the improvement in multifactor productivity (i.e., the change in the output that results from improvements in technology rather than from increases in labor and capital.)
This, in turn, implies the need to balance coherent macroeconomic policies with
structural
transformation goals.
This time, the damage caused by the Great Recession is subjecting most advanced economies to secular stagnation and creating major
structural
growth challenges for emerging markets.
Over the longer term, it means awareness of
structural
risks like high sovereign debt, demographic shifts, and natural-resource scarcity.
In fact, it still struggles with imbalances today, owing to its inability or unwillingness to embrace badly needed
structural
reforms – the so-called “third arrow” of Prime Minister Shinzo Abe’s economic recovery strategy, known as “Abenomics.”
Despite the abject failure of Japan’s approach, the rest of the world remains committed to using monetary policy to cure
structural
ailments.
Bubbles and
structural
imbalances were not seen as the problem.
In the meantime, politicians are lulled into a false sense of complacency that undermines their incentive to confront the
structural
challenges they face.
As Chinese Premier Li Keqiang stressed in a recent interview, the answer is a commitment to
structural
reform – a strategic focus of China’s that, he noted, is not shared by others.
Relying on financial engineering, while avoiding the heavy lifting of
structural
change, is not a recipe for healthy recovery.
In Britain, we have an economic plan that delivers economic stability, deals decisively with our record budget deficit, opens the country to trade and investment, and addresses the
structural
weaknesses that are holding us back as a place to do business and create jobs.
As a result, we have achieved a larger reduction in the
structural
deficit than any other major advanced economy.
The Office for Budget Responsibility, the body that provides an independent assessment of UK public finances, has shown that while the deficit has been coming down more quickly, stronger economic growth alone cannot be relied upon to address the deficit’s
structural
component.
We have also had to address the
structural
weaknesses that have been holding the UK back.
That would remove an alibi that governments too often hide behind to avoid introducing the
structural
reforms that really matter for long-term growth.
Postponing the exit after the June election with a new government committed to a variant of the same failed policies (recessionary austerity and
structural
reforms) will not restore growth and competitiveness.
A rapid reduction in unit labor costs, through
structural
reforms that increased productivity growth in excess of wages, is just as unlikely.
The IMF finds that emerging markets’ net capital inflows have been above their long-term
structural
trend and more sensitive to interest-rate differentials since 2008.
It is not entirely clear why
structural
change has, perversely, reduced growth.
But if policymakers are to avoid missing the mark, after that process is completed, they must turn their attention to the
structural
factors that are depressing Mexico’s growth.
These reforms work, typically in conjunction with others, when they promote productivity-enhancing
structural
transformation.
Rather, they require targeted, country-specific reforms that remove actual obstacles to the expansion of modern sectors, and social policies that are compatible with
structural
transformation.
And, upon reaching middle-income levels, countries confronted the policy and
structural
pitfalls that accompany the transition to high-income status.
As these economies add items – protecting themselves from volatility, countering unfavorable external conditions, and adapting to powerful technological trends – to their core
structural
growth agendas, they will invariably make mistakes, and even stumble.
That failure partly reflects the short-termism that tends to dominate in Western democracies, where short electoral cycles (from about six months to four years) often compel politicians to focus on cyclical issues, rather than on
structural
impediments to long-term productivity gains and income growth.
This is vital to enable an effective response to the
structural
problems – such as corruption, environmental pollution, and inequality – that more than two generations of rapid growth and development have brought.
It thus has a responsibility to develop a system of governance that can deliver
structural
changes to its economy and society, while ensuring effective accountability.
In this context, the kind of “meritocratic professionalism” that China is pursuing is important; but it is no substitute for genuine competition in the public or private sector – at least not if innovation and
structural
change are the goals.
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