The shipbuilding industry needs "consolidation"; the national-content rule should be "more flexible to guarantee competitiveness for our oil industry," he says.
Modern society is, thus, filled with competition and competitiveness, where only the fittest, agile and flexible organizations with well laid out objectives and strategies, can succeed.
The countries that have done the best in recent years are outside the euro zone and/or — as with Germany, Sweden, and Denmark — have undertaken painful structural reforms, finding a reasonable balance between a flexible job market, increased competitiveness, and the traditional security of the welfare state.
As a trading nation, Australia will need to improve its international competitiveness though more flexible domestic labor markets and investment in R&D and human capital.
In this paper, we analyze the short and long-run impact of making the Spanish labor market "more flexible" on output, unemployment, international competitiveness and fiscal balances using an extended version of "FiMod A DSGEModel forFiscal Policy Simulations" developed by Banco de España and Deutsche Bundesbank staff for policy simulations.2.2
Under President Dilma Rousseff, economic growth stagnated, and the Rousseff administration struggled to find the best balance between reducing inflation, maintaining a flexible exchange rate, and improving the competitiveness of Brazilian exports.
Experts see parallels between this generation, which works constantly, but demands flexible schedules, and Baby Boomers, whose hyper-competitiveness refashioned corporate America.
It must make the labor market more flexible, make the state less heavy and increase competitiveness.
In contrast, there's Spain, where a more flexible labor market has led to higher productivity and competitiveness and in turn, to expanded production by a raft of automakers, including Nissan, Ford, Renault and Volkswagen.
By making wages and prices more flexible, they allow countries like Spain and Portugal that have lost competitiveness to regain it even though they can no longer devalue against their euro-zone trading partners.
