Sentences with phrase «of economic productivity»

One of the notable aspects of the last couple of decades has been a global trend toward labor contributing a smaller percentage of economic productivity, with wages following the trend.
The efficiency of a city or enterprise should not be measured simply in terms of its economic productivity, but also, and more importantly, in terms of its ability to contribute to the satisfaction of basic human needs of those affected by the city or enterprise.
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.

Not exact matches

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.
Britain's productivity crisis has been a driving force behind the dismal economic growth that has characterised its economy since 2009, and policy wonks are increasingly concerned, with Chancellor Philip Hammond last week announcing billions of pounds of extra investment more pounds to his «National Productivity Investment Fund.»
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.
And being perhaps the world's most comprehensive aggregator of economic data for the largest and most advanced economies on the planet — and having tracked such data for the last five decades — one might suggest that the OECD knows a thing or two about improving productivity and making an economy grow.
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.»
Every dollar invested in treatment could lead to a return of $ 4 in economic productivity.
«It will be difficult for Dollar General to maintain current levels of productivity and profitability as some consumers will probably return to other retail channels once economic conditions improve,» wrote Zoe Tan, an analyst with Morningstar, at the time of the announcement.
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.
The underlying determinants for these declines are related to the global supply and demand for funds, including shifting demographics, slower trend productivity and economic growth, emerging markets seeking large reserves of safe assets, and a more general global savings glut (Council of Economic Advisers 2015, International Monetary Fund 2014, Rachel and Smith 2015, Caballero, Farhi, and Gourinchaeconomic growth, emerging markets seeking large reserves of safe assets, and a more general global savings glut (Council of Economic Advisers 2015, International Monetary Fund 2014, Rachel and Smith 2015, Caballero, Farhi, and GourinchaEconomic Advisers 2015, International Monetary Fund 2014, Rachel and Smith 2015, Caballero, Farhi, and Gourinchas 2016).
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.
And the Council of Economic Advisers announced that policies such as work flexibility «lead to higher labor force participation, greater labor productivity and work engagement, and better allocation of talent across the economy.»
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.
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.
«Financial innovation will not only enhance productivity of economic activities, but also make financial intermediation more seamless,» Johari told The Malaysian Reserve, going on to say, «This is particularly relevant to recent innovations like bitcoin.»
Most economists expect potential economic growth to decline from about 3 per cent annually to about 2 per cent over the next ten years, as a result of continued poor productivity growth and a slowing labour force growth as the population ages.
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.
Instead, the arithmetic of economic expansion - employment growth plus productivity growth - is already constrained by a 4.6 % unemployment rate and a deficit on current account, and seems unlikely to be helped by the current policy direction, aside from rather short - lived effects.
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 future.
Higher productivity growth, sustained over a few decades, would have a profound impact on future living standards, but to expect an economic boom of anything but the short - lived variety is to rely on arithmetic that doesn't add up.
The budget does not even provide a projection of Canada's long - term potential economic growth and the key determinants underlying it - productivity growth and labour force growth.
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, both.
We believe that supporting the work of innovators and entrepreneurs across the country is integral to Canada's future productivity, economic prosperity and social well - being.
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.
«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.
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.
Although China's dynamic and diverse private sector is the primary driver of the country's economic growth, Beijing sees the importance of strengthening the competitiveness and productivity of its state - owned companies.
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.
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 Survey also evidences, however, that despite the most severe economic downturn since the Great Depression, ESOP companies on the whole continue to have increased share value, better productivity, and overwhelming support among leaders of the companies.
Even as economic and business conditions have improved over the years, many of these companies continue to be cautious about investing capital to improve productivity.
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.
Real economic growth is a function of two factors: hours worked and productivity growth.
Our economic issues are myriad but a big one is the lack of productivity growth that is a result of reduced investment over the last decade and half.
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.
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.
With all these great benefits to individuals, communities, and businesses comes one more boon: the White House Council of Economic Advisors reports that by increasing productivity and job satisfaction, work flexibility is good for our economy at large.
When comparing labour productivity performance between economic cycles, it is therefore important to measure labour productivity over common phases of the cycle.
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