It is our responsibility as members of the European Parliament to make sure that the Commission, when it considers it appropriate to put the subsidiarity principle into practice, assesses its own effectiveness in Community terms and its positive effects on sectors which are important for ordinary citizens, such as employment.
By taking into account transaction flows between industries, CREIM is able to yield estimates of the spillover or indirect effects within the economy that direct analysis cannot capture because it examines each sector irrespective of its effect on other sectors.
This paper assesses the impacts on the cement, steel and oil refining sectors in Spain of the carbon prices derived from the European Emissions Trading Scheme EU ETSS), and the potential effect on these sectors of the European Union anti-leakage policy measures.
A small rise in household formation has a beneficial effect on large sectors of the economy, and with it on earnings and the stock market more broadly.
Ḥosnī Mubārak had a negative effect on most sectors of the economy, with the worst impacts being felt in tourism, construction, and manufacturing.
The fact that government is guaranteeing the bank won't collapse — who gave them the right to inject all that money into Kabul Bank?" Some economists argue that the crisis in the nation's largest bank, if allowed to continue, could create a devastating ripple effect on other sectors of the economy.
In particular, Chovanec highlighted how the end of the investment boom caused a fall in commodity and input prices, which catalyzed a reflationary effect on other sectors.
That will not necessarily stop renewable energy from moving forward, but I think it will have a dampening effect on the sector that's so critical, and that's the private sector," he said.
Minimum wage setting by the government may have a big knock-on effect on private sector wage bargaining, especially where there is a large low wage sector and where wage bargaining institutions are weak or have weakened, as indicated by low and declining coverage rates, arrears in the renewal of agreements, and arrears in pay.
New rules to protect borrowers recommended by the Financial Conduct Authority are designed to ensure that only people who can afford to repay a loan will be granted one – proposals that ministers said would have a profound effect on the sector.
