But Spain no longer has its own money, which means that it can regain competitiveness only through a slow, grinding process of deflation.

然而，西班牙不再拥有自己的货币，这就意味着它只能通过缓慢而折磨人的通货紧缩来重新恢复竞争力。

youdao

In the past, Spain would have sought improved competitiveness by devaluing its currency. But now it's on the euro - and the only way forward seems to be a grinding process of wage cuts.

在过去，西班牙可以选择本币贬值来促进竞争力，但现在，全是欧元了——唯一的出路似乎只有痛苦的降薪，这一过程在最好的时期也是很困难的，在现在，很有可能就是无法想像的痛苦了。

youdao

It provides information to identify business problems, correct exceptions, and change processes to increase business competitiveness by improving process efficiencies.

它提供了识别业务问题，纠正异常和更改流程所需的信息，改进了流程效率从而提高了业务竞争力。

youdao

Rather than the protracted process of forcing down wages to regain competitiveness, the devaluation would be a prompt remedy.

ECONOMIST: The costs of break-up

In particular, we welcomed the significant contribution of the United States through USAID in supporting the development of ASEAN Single Window project, which aims to develop an integrated cross-border process for customs clearance to increase trade efficiency, trade security, and competitiveness across the region.

WHITEHOUSE: Joint Statement of the 4th ASEAN-U.S. Leaders' Meeting