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Get the private sector into better shape, and the choices facing the public sector look a lot simpler.
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There are no market forces that shape the sector and no agreed-upon set of standards or measurements that unify it.
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Now, some of that is unavoidable because they really do need to strengthen -- you know, the banking sector was in bad shape and it was over-leveraged and we really did need to take some steps to shore up the banking system.
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When the housing market collapsed, that also affected service sector jobs that had taken shape in the housing boom.
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The private sector is in even worse shape.
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More than any other factor on the horizon, the self generating momentum for capital to expand, coupled with the size of the global financial sector, will influence the shape and tempo of global economic growth going forward.
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Relevant consultancy work will be commissioned to help shape advice to the sector.
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However, the financial sector appears to be in much better shape entering 2011 than 2010.
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Britain and America, where much more of the burden of retirement saving falls on the private sector, seemed to be in better shape than continental Europe until the collapse of the stockmarket bubble.
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Public-sector unions can't be allowed to determine the shape of public services.
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Part of the reason is healthcare is considered a defensive sector that does well even when the economy is in bad shape.
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The private sector will invest money in projects and get it back in the shape of tolls, user fees, premium pricing or even tax breaks.
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