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However, the high unemployment is an unavoidable temporary shock, since a large part of the workforce has to be reallocated away from construction.
Funding for apprenticeships should be reallocated away from the weaker intermediate level qualifications towards advanced and higher apprenticeships to improve job quality, pay, and progression.
And Brexit is likely to reduce future UK productivity by around half a percentage point via a batting average effect of output being reallocated away from higher productivity firms toward lower productivity ones.
Capital was already being rationally reallocated away from the dot-coms and toward traditional Old Economy corporations that stand to benefit their shareholders by applying the cyber economy to their businesses.
However, with increasing demand resulting from population growth coupled with higher living standards, water will be reallocated away from the agriculture sector to the domestic and industrial sectors (Karrou et al. 2011; Ouda 2014).
Many sectors are being hit by a fundamental change in shopping behavior (a shift to experiences away from stuff, a tendency to trade down to lower price points) that has nothing to do with how spending is being reallocated away from brick & mortar to online.
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However, both politicians and trade unionists suggest that private equity acquirers may significantly reallocate value away from employees to short term investors, typically through layoffs and reduced wages, which may undermine future organizational sustainability.
An appreciated yuan would further these ends by increasing the purchasing power of China's consumers and reallocating wealth away from large, often state-owned exporters to the broader citizenry.
Despite incentives to reallocate effort away from less frequently tested content to highly tested content, and to coach to item type, I find no evidence of this type of test preparation.
Wartime tends naturally to lead policymakers to reallocate spending away from other purposes and toward defense.
This movement continues a structural trend of institutional clients reallocating risk away from beta correlations found in public equities.
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