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When the semiconductor industry was in a competitive slump, new institutions such as Sematech, the consortium of chip manufacturers, were created as joint government/industry ventures, help-ing greatly to restore U.S. competitiveness.
But he has pledged to work collaboratively with the trade union movement in a bid to boost Australia's flagging productivity, saying the country must pull itself out of its competitive slump.
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Our continent would collapse into beggar-my-neighbour economic policies, competitive devaluations, trade protection and slump.
That makes agriculture relatively less competitive, so production tends to slump (a phenomenon related to "Dutch disease").
And with an especially competitive federal election underway amid slumping oil prices, party leaders have had to state their positions on what the country's energy future will look like.
"A more German euro zone," he wrote, "would be afflicted by chronically weak demand, debilitating cycles of competitive wage cuts, and prolonged economic slumps in the deficit countries".
Not only that, but green building practices are now considered a competitive advantage for architects, builders in a slumping economy.
Some analysts argue that the recent slump has helped Ukrainian steel become competitive because of the fall of the local currency.
McDonald's said its July sales slumped 2.5% as the company faces competitive pressures at home and deals with fallout from a food scare in China.
General insurance has become very competitive in Europe thanks to overcapacity and a related slump in premiums.
SAN DIEGO — After J. B. Holmes's first competitive swing in more than five months, his shoulders slumped.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com