51. In the past, some economists have argued that corruption is a minor phenomenon in developing countries that can be left alone. 52. Just the threat of an Asian alternative produces this downward pressure, some economists argue. 53. Many economists argue that Europe is already following an expansionary monetary policy and does not need to change course. 54. Many economists argue that fast-track, in which Congress surrenders some of its powers to the president, has become an increasingly important negotiating tool. 55. Many economists argue that Japanese companies like Nissan must reduce production capacity for the long-term good of the economy. 56. Many economists argue that many of the current vacancies offer too little pay or seek qualifications that are too high for the pool of unemployed. 57. Many economists argue that the laws of supply and demand mean that raising the pay for low-income workers will reduce the demand for those workers. 58. Many economists have long argued that inflation, the measure the central bank is judged by, should be independently calculated and published. 59. Many economists would argue that layoffs must occur, so that workers can move to enterprises where they are more needed and the economy can adjust to changing conditions. 60. Many economists argue that in an integrated global economy, Japan will have to become more like America. |