Sentence examples for economic rigidity from inspiring English sources

The Germans, partly as a result of this trauma, have been willing to pay the price of economic rigidity in exchange for stability.

(She might have considered another view: that Egypt breeds extremism because of its stultifying economic rigidity, in other words the lack of Westernising reform).

Each candidate claims to be the face of a new Italy, a modern democracy shaking itself loose from lingering economic rigidity, red tape and corruption to meet the challenges of a global economy.

These taxes of $20 to $80 a barrel lower consumption, but they create economic rigidity.

On the other hand, economic rigidities have not worsened over the past decade (if anything, they may have eased, thanks to some deregulation), so there is no reason to suppose that underlying growth in productivity has fallen sharply.

A better way of taking on the over-mighty unions would be to tackle the monopoly power that sustains a number of them.In view of all these economic rigidities, and of the poor quality of the judicial system, it is little wonder that Mexico does not do well in league tables of international competitiveness.

This compensation referred to the direct costs of training and to the foregone earnings, though it had to be noted that it was a rough calculus due to the influence of other elements such as non-pecuniary factors, ability, and social and economic rigidities in the occupational structure (Ibid., 390 1).

Factor 3 "organisational risks" is the third highest barrier accounting for 8.579 % of TVE and is responsible for 58.4, 55.4, 55.2 and 33.2 % of the variance in "excessive perceived economic risk", "organisational rigidities", "restrictive public/governmental regulations" and "hierarchical organisations".

In particular, he described the standard view among economic historians that the rigidity of the gold standard amplified the Great Depression.

Reprints Related items The economy: HallmarkedApr 29th 1999None of this is to deny that the euro area has many economic flaws, notably structural rigidities, or that there are several design faults in the euro's monetary and fiscal framework, such as the excessive secrecy of the European Central Bank (ECB).

There can be great political interest in creating structural rigidities in economic systems as long as this is beneficial to powerful groups.