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Dictionary
sectoral
adjective
Of or pertaining to a sector (all senses).
synonyms
Exact(60)
The recent rise in national saving was led by the government and the corporate sector. Louis Kuijs of the World Bank has examined sectoral saving patterns in China and points out that both these sectors are far more frugal than many observers realise.The fiscal accounts show the government's revenue to be about 20% of GDP and expenditure slightly higher, resulting in a deficit of about 2% of GDP.
In October 1997, half of those surveyed said it was more important to be in the right country and only 20% said that the sector was the key.Even so, a blinkered sectoral strategy for Europe is not yet enough.
Another is a sectoral crisis; rising debt levels fueled growth in economic sectors which can no longer be sustained.
For the emerging economies this could mean nationwide energy intensity targets, or perhaps sectoral agreements capping emissions or adopting efficiency benchmarks in key sectors.
Countries aim to expand the sectoral coverage of the services agreement and to open up sectors that are already covered.
The perverse opportunity offered by our terrible defeat is... we actually have the opportunity to start again Ken Macintosh He argued that radical change must begin within the party itself, which needed to be "less hierarchical, less representative of sectoral or vested interests and more open".
America so far favours self-regulation and sectoral laws, for example for the health-care industry, in order to protect the personal data of its citizens.
Recovery requires that zombie banks behave like real banks, that risk premia are properly priced, and that the economy undergoes its sectoral shifts toward whatever will replace construction and finance and debt-driven consumption.
But it is also possible that during downturns governments turn to protectionist policies, heightening the responsiveness of trade to a fall in demand.Broadly speaking, the timing of the collapse and stabilisation in trade flows, as well as the sectoral and geographical pattern of the decline, suggest that demand and destocking, rather than a retreat into protection, are the chief causes.
The EU now has 27 sectoral agreements and "dialogues" with China (with three more on the way), dealing with everything from human rights to co-operation in space.So should America be worried?
But this may be down, Mr Gavin argues, to sectoral differences.
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