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The overall gains in contribution to output by the developing countries were reflected in the faster rates of expansion of their industries compared with those of the industrialized countries during 1980-94 (Table 5).
McKinsey discovered that one-third of banks and two-fifths of big American industrial companies dropped out of the first quartile of their industries in the recession of 2001-02.
Many of their industries depend heavily on commodities like oil that are priced in dollars.
Many of these deals, if completed, have the potential to change the landscape of their industries.
But others are moving quickly into what they see as the future of their industries.
Japan, South Korea and Taiwan fear a "hollowing out" of their industries, as factories move to low-cost China.
Similar(14)
They made up a Who's Who of their industry.
Boeing's managers insist that their offer is competitive by the standards of their industry.
For their part, accountants are often aware of their industry's shortcomings.
People at hedge funds speak fondly of their industry's feral roots.
Companies that are near the geographic center of their industry are more productive.
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