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This is because tourism sectors are not especially labor-intensive in the Thai context, and because the expansion of foreign tourism demand creates general equilibrium effects that undermine profitability in tradable sectors (such as agriculture) from which the poor derive a substantial fraction of their income.
The company pointed to increased competition and incentive spending, such as discounts and cheap financing, that can stimulate short-term sales but over the long-term undermine profitability.
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The Treasury believes banks dislike exchange-trading platforms because they narrow bid-ask spreads, undermining profitability.
But the reality of rising access to cheap shale gas will in any event increasingly undermine the profitability of coal.
And experts say the recent jump in shale oil production, particularly in the United States, could keep oil prices low enough to undermine the profitability of Arctic exploration.
The more Mr. Ballmer cuts prices, however, the more he may undermine the profitability of Office, Microsoft's flagship product, as well as other products.
Despite their popular appeal, such caps undermine the profitability of lending and thus reduce the supply of loans.Incomplete and erratic regulation of financial institutions has also undermined the confidence of the poor in the financial services that are available.
If revealing those "trade secrets" undermine their profitability, so be it.
Yes, and regulations to limit oil spills will raise gas prices, higher wages will undermine corporate profitability and capital investment, and product safety standards will limit the number of toys parents can buy for their kids.
Danger: Banks could find the extra raid on balance sheets undermines profitability.
In this study, we test empirically the Porter hypothesis and the competing hypothesis that regulation undermines profitability ("costly regulation hypothesis").
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com