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The final sign of a turnaround, which I call "long-term value creation, " occurs if and when the country's leaders seriously address long-term competitiveness issues: quality of products, value-added component of exports, acquisition of state-of-the-art technology and educational reforms.
CNN: Emotional Indicators
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In addition, everyone agreed that Americans should be as concerned, perhaps even more concerned, with long-term investments that assure long-term American competitiveness.
WHITEHOUSE: Our Top Stories
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Some of the weakness in both Germany and its neighbours may reflect the short-term impact of government and corporate reforms, which may be boosting long-term competitiveness, but are also dampening wages and thus consumer spending.
ECONOMIST: Euro economies