Exact(3)
Instead they must pursue the stonier path of "internal devaluation" by lowering labour costs.
Apart from lowering labour costs still further, Germany can strive to be more competitive only through innovation and improved conditions for investment.
Secondly, intermediate results pointed to significant employment gains from a revenue-neutral tax reform, increasing consumption taxes and lowering labour taxes.
Similar(57)
Others simply drop out of the workforce altogether, lowering labour-force participation rates.
Obesity lowers labour productivity.
This is a "race between education and technology," rather than a race to lower labour costs.
In the long run, this lowers labour productivity and wage levels.
Or the influx of workers from Eastern Europe which lowered labour costs and bailed out (for a time) buy-to-let.
"We have already lowered labour costs, and there is no reason for such issues to be raised by the troika", Kedikoglou said.
Though voters have tired of his grandiose schemes, he will attempt before the election to pass a far-reaching package of measures to lower labour costs.
Combining the strength of the fibers with the stability of the polymer resin, FRP offer ease of application lowered labour cost and extra durability.
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