Sentences with phrase «in economic productivity»

Two of the authors of this report have shown elsewhere that countries with students who perform at higher levels in math and science show larger rates of increase in economic productivity than do otherwise similar countries with lower - performing students (see «Education and Economic Growth,» research, Spring 2008).
Again and again, civic leaders have pointed to this fact when warning that a crisis in American education may imperil continued growth in economic productivity.
Eric Hanushek in «The Seeds of Growth «argues that human capital is crucial to long - term gains in economic productivity and growth - and shows how poor the U.S. standing in the world actually is.
But others have argued that the overall past success of the U.S. economy suggests that high - school math performance is not that critical for sustained growth in economic productivity.
Every dollar invested in treatment could lead to a return of $ 4 in economic productivity.

Not exact matches

In fact the biggest economic problem is precisely that those productivity gains are barely being shared with workers at all.
Meanwhile, productivity gains are going to CEOs who earn, on average, about 300 times more than typical workers, compared with 71.2 times in 1990, according to the Economic Policy Institute.
Whatever the reason for the elevated slack in the U.S. labor market, one obvious solution would be faster economic, productivity, and wage growth.
Raise interest rates in the U.S. and you could kill the recovery and exacerbate the problem of long - term unemployment, with lasting effects of labour productivity, economic growth and, yes, even government revenues.
It will not be easy, but China's future «economic miracle» will lie in its ability to boost productivity and its use of big data and Internet technology to stimulate domestic consumption and generate exponential development opportunities,» wrote Ma.
«The key immediate economic implication of Donald Trump's election win is that the TPP trade deal, which many in Japan had hopes would drive faster gains in productivity, has no hope of being implemented,» he wrote in a note to clients.
The paper correctly diagnoses the U.S. economic problem as a slowdown in the growth of productivity, which in turn limits growth in pay.
BABRAHAM, United Kingdom - Bank of England Deputy Governor Dave Ramsden takes part in a panel discussion on productivity and economic rebalancing with the Confederation of British Industry's director - general, Carolyn Fairbairn.
Beyond saving lives, consider the money saved (traffic accidents cause $ 500 billion in economic damage worldwide each year), the benefits to cities (parking lots become green spaces), the increases in productivity (commuters can work in transit; truckers can sleep without pulling over), and improvements in accessibility (the elderly, blind, and disabled get affordable robot chauffeurs!).
Whether by private firms or by government, capital investment generates multiple and cascading economic benefits: spending power and job - creation in the short - run, productivity and innovation in the long - run.
Symptoms include lack of energy, changes in appetite and sleep patterns, substance abuse, anxiety, and thoughts of self - harm, which, while clearly not great for mental or physical health, also take a toll on economic productivity.
Among the factors that could cause actual results to differ materially are the following: (1) worldwide economic, political, and capital markets conditions and other factors beyond the Company's control, including natural and other disasters or climate change affecting the operations of the Company or its customers and suppliers; (2) the Company's credit ratings and its cost of capital; (3) competitive conditions and customer preferences; (4) foreign currency exchange rates and fluctuations in those rates; (5) the timing and market acceptance of new product offerings; (6) the availability and cost of purchased components, compounds, raw materials and energy (including oil and natural gas and their derivatives) due to shortages, increased demand or supply interruptions (including those caused by natural and other disasters and other events); (7) the impact of acquisitions, strategic alliances, divestitures, and other unusual events resulting from portfolio management actions and other evolving business strategies, and possible organizational restructuring; (8) generating fewer productivity improvements than estimated; (9) unanticipated problems or delays with the phased implementation of a global enterprise resource planning (ERP) system, or security breaches and other disruptions to the Company's information technology infrastructure; (10) financial market risks that may affect the Company's funding obligations under defined benefit pension and postretirement plans; and (11) legal proceedings, including significant developments that could occur in the legal and regulatory proceedings described in the Company's Annual Report on Form 10 - K for the year ended Dec. 31, 2017, and any subsequent quarterly reports on Form 10 - Q (the «Reports»).
These recommendations were in fact cited by the Organisation for Economic Co-operation and Development (OECD) in its 2016 annual Economic Survey of Canada.Naming a lack of productivity as a major impediment to future economic growth, the OECD called for Canada to pursue a platform of deregulation while also reducing interprovincial trade barriers and providing more incentives for small - and medium - sized companies to innovate andEconomic Co-operation and Development (OECD) in its 2016 annual Economic Survey of Canada.Naming a lack of productivity as a major impediment to future economic growth, the OECD called for Canada to pursue a platform of deregulation while also reducing interprovincial trade barriers and providing more incentives for small - and medium - sized companies to innovate andEconomic Survey of Canada.Naming a lack of productivity as a major impediment to future economic growth, the OECD called for Canada to pursue a platform of deregulation while also reducing interprovincial trade barriers and providing more incentives for small - and medium - sized companies to innovate andeconomic growth, the OECD called for Canada to pursue a platform of deregulation while also reducing interprovincial trade barriers and providing more incentives for small - and medium - sized companies to innovate and invest.
An Organization for Economic Cooperation and Development report a few years ago concluded that «a key cause of the underlying fall in manufacturing employment everywhere is rapid productivity growth, whether by restructuring inefficient plants or deploying skills, knowledge, technology and new processes to boost efficiency.»
Economic growth in China has long been premised on high levels of savings and investment, growth of manufacturing and exports, migration of low - productivity rural workers to higher - productivity urban jobs and integration of new technologies.
The trend worries economists because new businesses play a vital role in creating jobs, improving productivity and spurring economic growth; some researchers believe the decline in entrepreneurship, and in other measures of economic dynamism such as labor mobility, could be part of the reason the U.S. has experienced such a slow bounceback from the past two recessions.
«I think the self - driving car has the opportunity to not only improve productivity for the people in the car, which will be a huge economic boost for those people; Not only has the opportunity to save lives — over a million people die worldwide in road deaths today caused by human drivers, and I think we can take that very close to zero, which is very good for both human welfare and for economic productivity — it's a very serious dent in productivity when people get killed; And then all the ancillary industries that end up getting built out.»
Potential economic growth is going to slow dramatically over the coming years because of slowing growth in the labor force, due to growing demographic trends, and continued poor productivity performance.
Trade agreements have enabled much closer economic integration, and trade flows have burgeoned, leading to increases in productivity and living standards.
Capex — the money that a company invests in fixed, tangible assets such as machinery, buildings and technology — is a major component of productivity growth and economic expansion.
An undeveloped legal system, sluggish bureaucracy and poor labor productivity have deterred foreign investment and frustrated many Saudi economic plans in the past.
This implies a slowdown in reforms that increase the private sector's productivity and economic share, together with a greater economic role for state - owned enterprises (and for state - owned banks in the allocation of credit and savings), as well as resource nationalism, trade protectionism, import - substitution industrialisation policies, and imposition of capital controls.
The Auditor General in his latest report concluded that the Finance Department has no idea as to the effectiveness tax expenditures are distorting economic decisions, misallocating resources and reducing market efficiencies and productivity.
Combining the plausible ranges of employment and productivity growth in the coming years (but ignoring the possibility of outright recession), the bounds of average U.S. economic growth over the coming 8 years range between 0.7 % annually to an extremely optimistic 3.2 % annually, with a likely midpoint of less than 2 % annually for real GDP.
The gap between dismal productivity and the most productive economic environment in U.S. history is only about 2.5 % annually.
In a recent speech to the St. John's Board of Trade, Bank of Canada Governor David Dodge made a strong case that Canada should concentrate on increasing productivity, so that we can have sustainable economic growth and rising standards of living in the futurIn a recent speech to the St. John's Board of Trade, Bank of Canada Governor David Dodge made a strong case that Canada should concentrate on increasing productivity, so that we can have sustainable economic growth and rising standards of living in the futurin the future.
In any case, smaller stocks will probably be most vulnerable to earnings shortfalls in the coming year or two, stemming from either slower economic growth, rising real wage costs in excess of productivity growth, or most likely, botIn any case, smaller stocks will probably be most vulnerable to earnings shortfalls in the coming year or two, stemming from either slower economic growth, rising real wage costs in excess of productivity growth, or most likely, botin the coming year or two, stemming from either slower economic growth, rising real wage costs in excess of productivity growth, or most likely, botin excess of productivity growth, or most likely, both.
This illustrates the basic economic reality that productivity growth is the only game in town when it comes to raising the economic and financial well - being of people over a long period.
Aging societies, weaker business capital investment and slowing productivity growth have led to a persistent decline in economic growth.
«Since Canadian productivity performance is often compared to the productivity performance in the United States, the methodology behind the estimates for Canada should be comparable to the largest extent possible to that used by the U.S. Bureau of Labor Statistics (BLS),» wrote (pdf) Wulong Gu, of StatsCan's Economic Analysis Division.
Economic theory states that as productivity increases at some point products will be in short...
The economic tension «will probably dampen productivity growth in the coming decades; it will dampen it in China and it will probably dampen productivity growth globally,» said Louis Kuijs, head of Asia economics at Oxford Economics.
This, in turn, reflects ongoing restraint in wages growth, despite the low unemployment rate, and productivity growth that is unusually strong for this stage of the economic cycle.
Some postulate that the neutral rate is in part a function of economic productivity and population growth and that the low interest rate structure evident today reflects the current low productivity level.
One of the greatest economic mysteries out there, according to many market watchers: Why labor market productivity has slowed sharply around the world in recent years.
The British economic recovery is still fragile and faces many of the same problems Carney seemed unable to solve during his tenure in Canada: sluggish labour productivity, businesses that are stockpiling cash, and a property bubble that seems at risk of bursting.
Technology companies now make up a sizable portion of emerging - market stock markets, and these companies have the opportunity to drastically improve economic productivity through things like mobile banking that are hard to replicate in developed economies.
The speech starts by setting out three key themes of the Bank's recent communication about Australia's transition from the resources sector boom to more normal economic conditions: that the sheer scale of the boom means that this transition is challenging, and that the broader global environment compounds the challenge; that a reasonably successful transition is possible given our economy's positive fundamentals and flexibility; and that monetary policy is doing what it can to help the transition, but that the chances of success would be boosted by a lift in productivity growth and an increase in the expected risk - adjusted rate of return on investment.
Jonathan has led numerous research efforts on global economic trends, including growth and productivity, urbanization, affordable housing, energy and sustainability, e-commerce, and the economic impact of the Internet, as well as on productivity growth and economic development in China and Asia.
Assuming that trade tensions would be kept under control, the greatest impact would likely come from the improvement in the business environment, which should spur investment and result in faster productivity growth and accelerating economic activity.
I am a bit doubtful about China's economic expansion strategy — labor productivity is generally very low in Laos and Cambodia and those countries that are not already even part of the Chinese - driven bubble economy.
They didn't, because the theory of the Republican tax plan is completely different, namely that cutting corporate tax rates will incentivize more business investment in capital goods, thus spurring higher productivity, more economic growth, and higher wages over the long run.
The U.S. economy is massive on a global scale, and much of the country's economic capabilities can be traced back to the innovation, knowledge, and productivity that tends to be clustered in urban areas.
To further contextualize Canada's serious issue with its productivity growth, a report put out by the Council of Canadian Academies states that since 1984, the relative labour productivity in the Canadian business sector dropped from more than 90 % of the US level to 76 % in 2007, putting the country 15th out of 18 comparative Organisation for Economic Co-operation and Development (OECD) countries.
Since the start of the economic recovery in 1991, annual productivity growth has averaged just under 2 per cent.
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