This structural shift has enormous practical significance.

The IEA's report calls this breakdown evidence of a structural shift in the market.

Against this background, monetary policymakers must be cautious, because low interest rates can shift the growth model back toward leverage and domestic consumer demand, stalling the structural shift to the tradable side that is underway.

On the tradable side, one should look for structural change and a shift in output to higher value added components of global supply chains.

Eight to ten million people will have to shift employment from services and construction into exports and import competing goods, implying that structural unemployment will rise.

The trick is to ensure that the economy undergoes the right kind of structural change a shift from the low productivity to the high productivity sectors.

By the end of the year, however, the costs of the structural adjustment needed to shift China s growth model away from investment demand could rise further.

In the long run, America s growth pattern must undergo a structural shift from reliance on debt and consumption one based on Americans vaunted capacity for creativity and innovation.

But this arrangement is quickly becoming unsustainable. China s far reaching shift to a new growth model implies major structural and macroeconomic changes in the medium and long term.

Because the financial crisis has lowered greenhouse gas emissions, the 20 reduction target set before the crisis is no longer challenging enough to catalyze a structural shift in the European economy.

The speed of structural adjustment is also strongly influenced by how easily employment can shift from an economy s non tradable to its tradable side and across segments of global supply chains.

There were no surprises in the basic thrust of the strategy a structural shift in China s investment and export led growth model toward a more balanced consumer based and services led economy.

But it also must include a shift to a policy framework that accurately reflects the non cyclical nature of the longer term structural adaptations that will be required to restore growth and employment.

That structural shift, in combination with the renminbi s strengthening effective real exchange rate relative to the dollar, owing to inflation and rapidly rising wages in export sectors, offers hope that China s surplus will fall.

It is relatively easy to manage a structural shift out of manufacturing during a real estate boom, but it is much more difficult to re establish a competitive manufacturing sector once it has been lost.

The shift system operates in a morning shift from 8.45 to about 13.00, and an afternoon shift until about 18.30.

The shift system operates in a morning shift from 8.45 to about 13.00, and an afternoon shift until about 18.30.

China s economy is caught in the crossfire of structural and cyclical nbsp headwinds. Structural pressures have nbsp arisen from the shift to a new model of services and consumer led growth, and cyclical pressures stem from nbsp a tough global environment that has nbsp put downward pressure on the old model of nbsp export and investment led growth.

The crucial missing pieces are a shift in the structure of accessible aggregate demand and restoration of those parts of the economy s asset base that have been run down, implying the need for structural change and investment.

The United States, emerging slowly from a financial crisis and widespread deleveraging, is experiencing a growth slowdown, a persistent employment problem, an adverse shift in income distribution, and structural challenges, with little effective or decisive policy action.

The crucial missing pieces are a shift in the structure of accessible aggregate demand and restoration of those parts of the economy s asset base that have been run down, implying the need for structural change and investment.

(right shift) .REM.

There were no surprises in the basic thrust of the strategy a structural shift in China s investment and export led growth model toward a more balanced consumer based and services led economy. The transformation reflects both necessity and design.

The structural shift towards exports will be difficult and time consuming mainly because producing the high tech goods that the US should be exporting requires a skilled workforce, which has largely been lost and cannot be re created overnight.

That shift is understandable.

For now, the Chinese economy, having received its cyclical dose of stimulus, should be okay. By the end of the year, however, the costs of the structural adjustment needed to shift China s growth model away from investment demand could rise further.

While wages and incomes are rising now and appear to have broken the iron grip of the surplus labor pool, the growth pattern requires this structural demand side shift toward more disposable income, greater government consumption, and high return investment.

The formal sessions played out predictably, placing great emphasis on the coming structural transformation of China s growth model a colossal shift from the all powerful export and investment led growth of the past 32 years to a more consumer led dynamic.

But pity is not a free pass we should also urge policymakers to shift from their traditional cyclical mindset to one that can better comprehend, and effectively address, the more complicated, yet critically important, structural issues that underlie today s malaise.

Africa s Structural Transformation Challenge

Structural and jurisdictional issues

Structural foundations remained intact.

In the European Union, on the other hand, since the shift occurs at 01 00 UTC, the autumn shift happens an hour later than the spring shift, local time.

My shift ends at five.

China s shift has been dramatic.

Nicolas Sarkozy came to power with lots of talk of structural reforms he is now weakened even within his own party and lost regional elections to the left (the only case in Europe of a shift to the left in recent elections).

The Mirage of Structural Reform

Any structural adjustment is painful.

An economic shift also needs to be carried out by Europe and Japan a shift from deflation to reflation.

An economic shift also needs to be carried out by Europe and Japan a shift from deflation to reflation.

Paddy Ashdown The global power shift

When events shift, it becomes obsolete.

The Night Watchman State s Last Shift

Reversing this shift quickly seems impossible.

Labor had to shift to services.