For maximum economic effect, that entails keeping capital and goods flowing (see our cover story this time).
Much current negativism stems from imbalances in national accounts, namely the huge U.S. importation of capital and goods.
But easier movement of capital and goods has helped to make the world a much richer place in the past decade or two, and more human mobility has both created wealth and helped to share it out more equally.
Capital and intermediate goods both fell over the previous quarter and only consumer goods registered a slight quarterly rise.
One of Mr Cavallo's first measures was to abolish tariffs on imported capital goods and raise them on consumer goods.
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The shared value economy is shifting us away from only thinking about assets, capital and traded goods to repositioning capitalism for what the law of comparative advantage originally intended: The holistic betterment of society.
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Because this recession could last longer than a normal inventory and capital goods contraction--what we experienced in the '60s and '70s--buying high yield paper in the 12% to 14% range is playing Russian roulette.
Among the globally-exposed stocks that UBS says look cheap relative to their sector are embattled oil giant BP, which is struggling to contain the spill in the Gulf of Mexico, drug-makers Sanofi-Aventis and Novartis, media and advertising companies Pearson and WPP, tobacco concern BAT, metals and mining giants, ArcelorMittal, Rio Tinto and Anglo American, financial firms ING and Aegon, capital goods companies Philips and Schneider Electric and energy company Repsol.
For governments large and small looking to unload old and unused capital goods in exchange for cash, and buyers hoping to get their hands on some serious, if dated, hardware, Government Liquidation is the place to be.
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And capital goods also experienced a broad declined: Caterpillar fell 1.6%, as Deere lost 0.6%.
Recessions in the fifties and even the sixties were inventory and capital goods generated.
The most suspect sectors are technology, capital goods and basic industrials, along with oil and other commodities.
Around 1.4m workers are on the short-time register, many of them in the depressed car and capital-goods industries.
But he acknowledges it continues to exist, hindering the flow of capital, talent and goods around the country.
Housing and capital goods spending along with our net trade balance remain depressed but have wound down to nearly irreducible lows.
Scarce land, labor, and capital goods must be used producing those specific goods that are most valued by members of society.
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The sectors that should benefit include steel, petrochemical, pharmaceuticals, and capital goods.
It could try to do so by opening up to big inflows of capital, goods and talent, risking social instability in pursuit of economic growth.
Then, inventories and capital goods spending invariably got out of hand.
Conversely, UBS says some economically sensitive or so-called cyclical sectors such as capital goods and autos have outperformed because of their lower exposure to troubled parts of Europe.
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Recessions then were precipitated by inventory and capital goods contractions.
Globalisation is causing the biggest shift in relative prices (of labour, capital, commodities and goods) for a century, and this in turn is causing a significant redistribution of income.
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Land, labor, and capital goods are squandered in producing things, such as houses, that are valued less than those goods that would have been produced without the monetary manipulation.
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In Germany, for example, famous for its carmakers and capital-goods exporters, value added in manufacturing in 2002 was not much bigger than in Britain: just under 22% of GDP, down from 36% in 1970.
Meanwhile, China is moving up the value chain into high-tech capital goods and is poised to account for about a third of global manufacturing of advanced machinery and equipment within a decade, from about 8% today, Mr. Zhu said.
And they will do quite well for at least another decade or two, living off mainstream industries such as autos, consumer electronics, semiconductors and other capital goods as they make a transition to a more investor and consumer-friendly society.
To state the obvious, capital assets and consumer goods prices rise and fall all the time, and their fluctuations are essential for telling the markets what economic concepts should receive capital in abundance, and which ones should be starved of it.
Increases last month in both orders and shipments of core capital goods suggest businesses spent more on equipment and software in the January-March quarter.
And the movement of people, like that of goods and capital, is a factor in economic growth.
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