American workers with few skills are being forced to compete globally, he told the panel.
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Tradable sectors include manufacturing, commodities and services such as finance and engineering that compete globally.
Daniel argues that multinationals have no option but to outsource more production to China to compete globally.
US-based corporations who compete globally have a real (GM healthcare type of problem) No new jobs getting created here!
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As companies compete globally and technological change accelerates, decision-making windows become ever smaller.
But if it is to compete globally, it must avoid the trap that other rich countries have fallen into.
History shows that such efforts can lock local firms into dead-end technologies and leave them unable to compete globally.
Creating giants able to compete globally mattered more than healthy competition at home.
But not enough of them are growing into companies that can compete globally, developing proprietary technologies and long-term competitive advantages.
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"The point is clear in the German boardrooms: They need to have long- term incentives to compete globally, " says Rainer J.
Continued productivity improvement will be needed to compete globally, but these will depress employment in manufacturing further as they did in agriculture during the prior century.
To compete globally, Nievert needs to expand, but how and where?
Now we want to focus attention on and increase the likelihood that American businesses will choose to invest here, but we also want our businesses to compete globally.
American businesses need to recruit highly-skilled talent to compete globally.
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"I think the biggest problem is that so many people have not been able to accept the fact that we cannot survive without trying to compete globally, " he says.
In addition, we're working to break down barriers and open overseas markets so our companies can better compete globally, creating jobs in America by exporting our products around the world.
Half to two-thirds of graduate students on U.S. campuses in key technology fields are foreign nationals, meaning it is unrealistic to expect employers can ignore such a large pool of talent and still compete globally.
New York has devoted millions of dollars in tax incentives to attract high-tech jobs through the research college center and it is a critical tool for New York to compete globally in the high-technology field.
The American Banker Association says its members fear that the rule is too broad and that its complexity will not only make it impossible for banks to comply but also affect their ability to compete globally.
Noting that Nissan outsells Honda everywhere the two brands compete globally except the U.S. and Thailand, Mr. Dodge said targeting his Japanese rival is crucial to Nissan's quest to boost its U.S. market share to 10% from the current 8%.
Employers cannot expect to recruit and retain the top-tier talent that will allow them to compete globally with rock-bottom wages and college grads cannot expect that a four-year liberal arts education will be sufficient (or even necessary) to grant them access to the highly-paid careers of the next decade and beyond.
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No matter how large or small the entity or their party affiliation, there is a common theme to their goals: in these times of austerity and uncertainty, governments have a singular focus on not only doing more with less, but NEW with less so they can compete globally, grow jobs, and give their constituents an opportunity to succeed.
Our kids will compete and thrive globally, not locally, and they need to know where they stand.
To compete in a globally connected world, companies must leverage technology and automation in order to gain production efficiency and repeatable quality.
Like it or not we live in a knowledge-based, global economy and we have to make sure our students have the knowledge and skills to compete, and compete successfully, globally.
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Given this, nations globally can compete on somewhat equal ground in the sport.
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This new, connected lifestyle will allow businesses to compete not just locally, but globally.
But at the same time, it is stunning that the game brand that has hit 1 billion downloads globally can no longer compete with far smaller rivals in direct revenue generation.
We will never be able to compete based on labor costs in this globally connected world.
Her Majesty Queen Rania joined the discussion on the second day, stressing the need to support the aspirations of the youth and to empower them to compete in the workplace, regionally and globally.
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