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Exact(2)
Economic recession in southern European countries has influenced these patterns considerably by reducing competitiveness and depressing the economic performance of entire urban systems.
Although this result seems intuitive, Perez-Sebastian and Raveh (2014) argue that economies dominated by natural resources are vulnerable to volatility of resource prices and to Dutch disease whereby periods of increase in prices translate into higher wages and general price levels in the economy, reducing competitiveness of the economy as a whole.
Similar(58)
But one country's improved competitiveness is another country's reduced competitiveness.
"It results in lower growth, more public debt and reduced competitiveness".
It is no wonder why: rising health insurance costs are associated with increases in total compensation, reduced competitiveness vis-à-vis other companies and increased human-resource problems.
And, the report persuasively shows how our current model reduces competitiveness of the economy "by favoring insiders over outsiders" and "continues to sap vitality" out of our economic life.
The adjustment is made easier by a parallel process in the surplus economy; gold inflows allow an expansion of the monetary supply and inflation, which reduces competitiveness and stems the gold inflow.There is a potential problem in this dynamic, however.
And the French also fail to understand that the German government cannot simply push up consumption and reduce competitiveness by raising wages.The Franco-German chill occasionally tempts Germans to look for other partners.
This implicitly should reduce competitiveness issues if one assumes that every country will eventually contribute appropriately to the overall reduction in annual global emissions that is required to have a reasonable chance of avoiding dangerous global warming by more than 2 centigrade degrees.
Corruption can introduce inefficiencies that reduce competitiveness.
Tropical deforestation reduces competitiveness in the agricultural sector of industrialized countries (http://assets.usw.org/our-union/pulp-paper-forestry/farms-here-forests-there-report-5-26-10.pdf).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com