Supply
in sentence
3107 examples of Supply in a sentence
And while elements of some countries’ immigration policies function like prices (wealth or investment requirements, for example), no country, as far as I know, allows “price” alone to equilibrate
supply
and demand.
Even if a wide range of destination countries each implemented a coherent set of immigration policies, the chances that total
supply
would rise sufficiently to meet total demand is highly unlikely.
But the
supply
side can be much better managed in many countries, without violating national sovereignty.
In the past, the US brought a large open market, foreign direct investment, and technology, while China supplied low-cost labor-intensive components in key global manufacturing
supply
chains.
The US will continue to provide a large open market, even as China’s role in serving it will shift upward in value added and in global
supply
chains.
They will compete with multinationals from a wide range of countries, and will become architects of global
supply
chains.
One possible explanation for the mysterious combination of stronger growth and low inflation is that, in addition to stronger aggregate demand, developed economies have been experiencing positive
supply
shocks.
Standard economic theory suggests that the correct monetary-policy response to such positive
supply
shocks depends on their persistence.
If policymakers are incorrect in assuming that the positive
supply
shocks holding down inflation are temporary, policy normalization may be the wrong approach, and unconventional policies should be sustained for longer.
This is the view taken by the Bank for International Settlements, which argues that it is time to lower the inflation target from 2% to 0% – the rate that can now be expected, given permanent
supply
shocks.
Of course, advanced-country central banks hope such asset inflation won’t appear at all, because inflation is being suppressed by temporary
supply
shocks, and thus will increase as soon as product and labor markets tighten.
But, faced with the possibility that today’s low inflation may be caused by permanent
supply
shocks, they are also unwilling to ease more now.
That means rolling up their sleeves and helping to address stubborn local challenges, such as land rights, that impede both economic development and the long-term health of international
supply
chains.
In order to control the money supply, the People’s Bank of China (PBOC) has long used credit quotas as “window guidance” to banks.
As a result, the government was compelled to grant subsidies to the system’s “losers” – such as urban residents and state-owned enterprises (SOEs) – until strong
supply
responses to rising market prices eliminated the need for quotas on manufactured products.
Excessively low interest rates have generated a mismatch between housing prices and the available supply, because they serve as hidden subsidies for those who can borrow – for example, the rich and SOEs – and thus stimulate demand for luxury property.
The UN’s Gaza peace resolution (which Britain authored) calls on the Israeli government to open up the
supply
lines, but this has been heeded only in small part.
That’s because cities are not simply giant
supply
chains; they are also spaces for experimentation, creativity, innovation, learning, and interaction.
If pay differentials have narrowed because of an increase in the relative
supply
of skilled workers, we can be hopeful that declining inequality in Latin America will not stand in the way of faster growth (and may even be an early indicator of it).
For example, the agricultural sector consumes nearly 70% of the water used globally (in countries like India and Egypt, it uses around 90% of the available supply), and water often cannot be transported without substantial energy use.
The additional supply, however, ultimately causes prices to fall, reducing the incentive to invest in alternative energy sources or energy efficiency.
Since 1964, two key forces have fueled exceptionally fast GDP growth: the expansion of the labor supply, driven by rapid increases in population, and steady productivity gains.
It remains the vital assembly center of the global
supply
chain for many manufactured goods, such as computers and cell phones, enabling lower prices for the world’s consumers.
China, for its part, has become a major workhorse of globalization – an assembly hub for inputs produced by multi-country
supply
chains and an offshore efficiency solution for hard-pressed Western multinational corporations.
Finally, rigid labor markets and, more generally, regulatory constraints on prices and on the
supply
response of the economy, deepen recessionary reactions to various shocks, and contribute to the growth of unemployment.
It is not necessary, because what really works in practice is removing successive binding constraints, whether they are
supply
incentives in agriculture, infrastructure bottlenecks, or high credit costs.
All of these forces increase the excess
supply
of unskilled labor in the West, thereby reducing the equilibrium wage rate.
Income from labor freely adjusts to forge an equilibrium between
supply
and demand.
The problem is that making it happen requires political will, which, unfortunately, seems in short
supply.
Already, issues like climate change and energy
supply
demonstrate the futility of isolated national action and the critical importance of both deepening and enlarging the EU.
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