Sentences with phrase «growth of public sector»

In his historical narrative, the game changers are mid-20th-century laws about collective - bargaining rights and mandatory dues: «The key to the spectacular growth of public sector unions is that the laws changed.
This would reduce the growth of public sector pension liabilities by hundreds of millions of pounds over the next decade.
In the 1970s and 1980s, growth of the public sector (and its organization) accomplished the same.

Not exact matches

In its last assessment, S&P said that Portugal's outlook was stable, «balancing our expectation of further budgetary consolidation and likely receding banking sector risks over the next two years against the risks of a weakening external growth environment and vulnerabilities related to high private - and public - sector debt.»
There are some significant competitive advantages that should begin to accrue to the U.S. economy in the years to come - energy, manufacturing competitiveness and demographics - though the savings required to fund investment could be redirected to the public sector if policymakers do not slow the growth of mandatory spending.»
In the Doug Purvis Memorial Lecture, Governor Stephen S. Poloz shows how changing the mix of monetary and fiscal policies can yield the same outcomes for growth and inflation, but lead to different results for public sector and private sector debt levels, which can impact financial stability.
Recent government plans are aimed at putting Kuwait on track to a more diversified economy but, until then, the public sector will remain the main driver of growth.
The decline reflected a loss of 74,000 public - sector jobs, which was only partly offset by modest growth in private - sector employment and self - employment.
His understanding and connectivity in the GCC in both public and private sectors is unparalleled and uniquely positions him as an ideal expert in the examination and selection of companies that are viable for growth in the market.
The New York City area, with its many interest rate - sensitive industries, has prospered when decision - makers in the public and private sectors could have confidence that the Federal Reserve was committed to a rigorous set of policies that promoted price stability, in a growth - oriented economic environment.
Toronto, February 28, 2014 — Ontario Premier Kathleen Wynne today announced the creation of the Advanced Energy Centre, a partnership between the public and private sectors and MaRS Discovery District that will drive economic growth and sustainable job creation.
Ontario Premier Kathleen Wynne today announced the creation of the Advanced Energy Centre, a partnership between the public and private sectors and MaRS Discovery District that will drive economic growth and sustainable job creation.
Until the distribution of income in the Chinese economy is substantially rebalanced, growth will depend excessively on public - sector investment and related private - sector investment.
All the growth has been in services and in the government sector, mainly at the state and local level in the case of public employment.
1) Lower economic strength in light of the diminished medium - term growth outlook, constrained by foreign currency shortages, high inflation, lower public sector spending and a weak banking system.
I wanted somebody with a proven track record of helping small businesses succeed; somebody who had firsthand experience both in the private sector and the public sector who can work with us and work with me to increase growth and expand opportunity.
The WPI measure of public - sector wage growth, at 3.9 per cent in year - ended terms, remained higher than private - sector growth, which stood at 3.4 per cent.
Having large organizations — both private and public sector — active in an innovation ecosystem is a vital step for the growth and maturation of that ecosystem.
«The appointment of Gail brings a rare combination of experience in the financial services and technology sectors, having worked in both non-executive and executive roles at leading public and private growth companies including Paypal, Macquarie, Eclipx, OneVue and Melbourne IT.»
Public markets are a huge untapped opportunity to finance the growth of the blockchain sector.
Subsidizing public and private debtors at the expense of savers is no formula for private sector economic growth and job creation.
Over the year to the March quarter, growth in total assets of managed funds has been strongest in the cash management and public unit trust sectors (Table 5).
Forward - looking data on new wage agreements also point to firm wages growth, and suggest some narrowing of the gap between public and private sector wage outcomes.
It appears that the extensive changes in the economy over the past decade — including a structural fall in the inflation rate, productivity - enhancing changes in the labour market, corporatisation and privatisation of public - sector enterprises and substantial falls in the barriers to international trade — have led to an improvement in Australia's underlying rate of productivity growth.
Official wage data also show ongoing strength in public - sector wage growth and a significant rise in wage growth in education: the WPI measure of public - sector wage growth increased by 4.2 per cent over the year to December, almost 1 percentage point higher than the equivalent private - sector wage series.
He said the government's efforts to boost spending by public sector companies - which still dominate large areas of the Indian economy - could help lift overall growth.
There he says, one, that the shift from the concept of «the State's role as providers of equal opportunities to every citizen» to that of providing education, health and other social services «to those who can afford to pay» is a U-turn in public policy which «has been made surreptitiously by administrative action without public discussion and legislative sanction»; two, that the total commercialization of social sectors is «alien even to free market societies»; and three, that «the ready acceptance of self - financing concept in social sectors alien even to free - market societies is the end result of gradual disenchantment with the Kerala Model of Development», which has been emphasizing the social dimension rather than the economic, but that it is quite false to present the situation as calling for a choice between social development and economic growth.
Together with the top leadership of the International Rice Research Institute (IRRI) and other public and private sector partners, MARD seeks the rapid and sustained growth of the agriculture sector, especially the rice subsector in which Vietnam is already a global leader.
«Not only will EPA actions to curb carbon pollution through the Clean Power Plan and new fuel standards combat climate change, they will encourage economic growth, spur innovation in our energy sector, and improve public health for all of our communities.»
The attrition of the public realm; the remorseless growth of inequality; the social pathologies associated with its growth; the humiliations suffered by those at the bottom of the economic pile; the callous indifference of those at the top; the penetration of state institutions by corporate interests; the decline of public trust; and, not least, the hubristic irresponsibility of a sometimes criminal financial sector — all the stigmata of pre-crisis Britain — loom as large as they did before 2008.
Total credit to the private sector and public institutions recorded a growth of 16.8 percent in September 2017, of which the private sector accounted for 87.9 percent.
Second, public sector construction, which accounts for one - third of total industry output, continues to constrain overall growth
«This will exert yet more pressure on a jobs market that is buckling under the strains of contractions in economic growth and public sector employment.
Mr Jackson: The hon. Lady will know that the markets have recognised that the fiscal consolidation that the Government had to put in place as part of a policy of growth in the private sector and consolidation in the public sector has resulted in a lessening of the pressures in the gilt markets, with gilt yields down to 3.53 % since May last year, and every 1 % is # 1 billion of interest payment.
This time, he's facing a crowded field of Democratic challengers, and hoping to paint himself as the level - headed grown - up, with public and private sector experience and a play - it - safe agenda that stresses education, public safety and economic growth.
Michael Heseltine earned the ire of his allies in the Tory party today, with a regional growth review which was far more supportive of the public sector than ministers would have wanted.
Commenting on these latest figures, Noble Francis, Economics Director at the Construction Products Association said: «The construction industry is now firmly back in recession and, although there are some areas of growth, such as private housing, the overall picture shows an industry clearly suffering from the effects of public sector cuts.
Whilst these latest indicators reflect the scale of government retrenchment in the public sector, anaemic economic growth, a beleaguered consumer sector and the continuing reluctance of financial institutions to increase their exposure to the built environment, are all restricting the private sector recovery.
Besides, the former President said that lack of synergy between the public and the private sectors was responsible for the setback in the nation's economy growth.
It warns that the efficiency of the public sector needed to improve rapidly and insisted that «spending growth will slow».
We believe the public - sector workers we represent, the governor's own workforce, should have the same expectation of job growth and stability as those workers in the private sector.
«The chancellor's ambitious Budget for growth needs to be coupled with an equally ambitious programme of public sector reform.
Pledges designed to increase private sector growth have been championed by Cameron and the coalition much of late, but as Labour is keen to point out, this is at the expense of falling public sector budgets.
He and co-author Ben Jackson, an Oxford University lecturer, instead called on Mr Miliband to adopt a «patriotic, national growth appeal» which does not simply focus on «a simple defence of the public sector and public spending».
Nobel prize winning economists point out that an efficient public sector working with a dynamic private sector produces the highest rates of economic growth.
It is innovative stuff, a long way from Blairite themes of competition and market reform of the public sector, and Brown's Treasury - based redistribution of the proceeds of growth by tax credit.
ALBANY — Gov. Andrew M. Cuomo has undertaken a statewide building boom using public construction contracts to spur private - sector job growth that since 2011 has committed billions of dollars in construction funds and tax breaks to companies.
Speaking at a Media Encounter on Wednesday as part of his one - year stay in office at the Flagstaff House, the President, who spoke about the high unemployment figures leading to the thousands of people applying for jobs in the public sector, said the government is on a good course to stabilize the economy, enhance business growth and subsequently create more jobs.
The budget is expected to focus on about 10 key areas including infrastructure, macroeconomic stability, job creation, agriculture, entrepreneurship, business growth, creating a Ghana beyond aid, debt management, corruption, public sector reforms among others, and a continuation of the 2017 budget initiatives.
The President, who spoke about the high unemployment figures leading to the thousands of people applying for jobs in the public sector, said the government is on a good course to stabilize the economy, enhance business growth and subsequently create more jobs.
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