And weak coalition politics undermine hopes of a tight fiscal policy or of structural economic reforms that would maintain competitiveness as costs rise.
It continues to be important to focus on lean processes and cost cutting to maintain competitiveness and also to mobilize internal resources for future investment.
FORBES: Making It Work: Does Our Future Include Manufacturing?
The truth is, yes corporate wealth was erratic during this time as companies had to keep pace with rapid evolutions in technology and maintain competitiveness.
She and Prince have emphasized that Citi needs to spend to maintain its competitiveness.
It rewards employees, but at the same time it allows us to maintain our competitiveness and sustain the success we've had.
Many companies will maintain their competitiveness by acquiring small, entrepreneurial firms in new markets where building competencies themselves would simply take too long.
While British Gas has pledged to use this benefit to maintain its price competitiveness, there has been no such pledge from other suppliers.
Mr Premji believes that the most important thing India can do to maintain its global competitiveness is to improve its education system, which he says is failing women.
Centrica said that "recognising the economic pressures facing many of our customers, the board has determined that any benefit arising from the exceptionally cold weather will be used to maintain our price competitiveness".
It is now clear that for Japan to maintain its living standards and global competitiveness there is no alternative to ever deepening economic and technical integration with China.
FORBES: More on the Future Japan-China (and Japan--U.S. ) Relationship
应用推荐