Economic restructuring is when changes are made to the way a country or organization operates its economy. It involves reorganizing and adjusting different sectors, industries, and policies with the aim to improve efficiency, adapt to new circumstances, or address economic challenges. It often includes shifts in the workforce, investments, and resources to promote growth, innovation, and competitiveness in the long run.
Full definition
Although it is obvious that no society can survive the decline of its environmental support systems, many people are not yet convinced of the need
for economic restructuring.
«While we do not object to this vision, the way it was set out meant a
major economic restructuring, with the possible trade - offs and implications that could be involved in the process down the road not really spelt out for us,» said Qazi Kholifuzzaman Ahmad, an economist and member of Bangladesh's negotiating team at Rio +20.
$ 110B for clean energy Jiang cited China's
ongoing economic restructuring — a shift from power - hungry heavy industries to an economy that runs on service and high - end manufacturing — as a key driving force behind the acceleration.
Australia must, sooner or later, make the transition to a low - emissions economy and that will
mean economic restructuring as we shift to the energy industries of the 21st century.
The report sharply lowered its five - year global coal demand growth forecast in reflection of
economic restructuring in China, which represents half of global coal consumption.
The Former Governor of old Kaduna State, Alhaji Balarabe Musa, has called
for economic restructuring to ensure delivery of positive and impactful governance in other to...
In contrast, China's state media described Xi's promises as simply the next stage in the country's
economic restructuring and reform, albeit with the caveat that countries that «frequently launch trade wars against other countries» would not benefit from it.
But does Christian love not also demand that we become involved in the political processes and social movements advocating the elimination of poverty through
the economic restructuring of our society?
Christian loves demands that we become involved in the political processes and social movements advocating the elimination of poverty through
the economic restructuring of our society?
Experts attribute the change to
economic restructuring.
In your leader on the risks of failing to recognise
the economic restructuring that dealing with climate change will produce,...
A gamble on the boost the WTO accession will deliver to Shanghai —
an economic restructuring with waves of overseas capital inflows.
The government attributes this to
economic restructuring in China, as the country tries to replace its rapid boom with a more sustainable form of growth.
For this decline is not just due to
economic restructuring.
For its part, Saudi Arabia has gone through considerable effort to pitch
its economic restructuring (and the investment opportunities that come with major privatizations) to partners in the United States and the United Kingdom.
Deborah Seligsohn, a climate and energy advisor to WRI, rounded out the call by highlighting that China's
economic restructuring can be compatible with environmental protection, including around action to address climate change.
This economic restructuring depends on tax restructuring, on getting the market to be ecologically honest.
In this earlier case, there was
an economic restructuring, but it was temporary.
The economic restructuring towards less energy - intensive industries and the government's efforts to decarbonise electricity generation pushed coal use down.
This is by design: a law that really made a difference would make energy dearer, hurt consumers and force
an economic restructuring that would be painful for many industries and their workers.
Usually this happens as part of
an economic restructuring, often related to new technology, as when whale oil was abandoned as a lamp fuel, as when farmers mechanized operations, or for that matter when the transition to agriculture occurred.
[122] Emissions in Russia and Ukraine have decreased fastest since 1990 due to
economic restructuring in these countries.
Economic restructuring and neoliberal policies designed to promote flexible employment led to a deterioration in employment standards, dropping unionization rates, declining real wages and the spread of precarious work.
In these times of
economic restructuring, law librarians are increasing their responsibility within the law firm, assuming the additional responsibilities of records management, conflicts checking, and business development.
Often, job seekers find themselves in long - term unemployment after their job is downsized due to merger acquisitions or
economic restructuring.