While oil-rich Gulf states may be able to erect skyscrapers in the desert, such development is economically inefficient
and unsustainable in the long run.
Pottle pointed out that toll booths are an economically inefficient
way of generating government revenue because administrative and collection costs consume up to 33.5 percent of the revenues generated, while administrative costs only hit about 1 percent of fuel tax revenues.
However, IOCs' remuneration is predetermined to the production profile for the whole lifetime of the service contract, disregarding the dynamic profit maximization policy, which will still cause profit losses and make the contract framework economically inefficient
if one of the variables considerably decline.
Mercedes Benz previously issued a statement in May 2015, announcing that Mercedes-Benz's assembly of passenger cars in the local market would cease as it has become economically inefficient
on the long run.
Bankruptcy Court in Delaware to implement a prepackaged plan of reorganization that, among other things, provides the company access to new financing to support the business, establishes an efficient and orderly process for closing certain economically inefficient
store locations, and provides for all trade creditors to continue being paid in full for goods and services provided.
He predicted that Emirates' plans to induct up to 200 777Xs which will primarily replace today's 777s, but by the time it takes its 200th 777X delivery, the A380 fleet will be operationally expensive and economically inefficient
- so it stands to reason that they'll procure more 777Xs and 787s going forward.
This framework serves as a passing document for all Governments (Government's economic agenda), classified as per the following key tracks: Track one: Fiscal Reform: Re-structuring the tax system, including removing almost all economically inefficient
exemptions of GST to finally achieving fiscal and monetary stability.
It is not only economically inefficient
but also self-destructive because the shortage of highly paid tradespeople--plumbers, electricians, welders, health care providers, HVAC technicians and production technicians who don't need four-year degrees--is acute.
"Malls that do not have cinema-equipped buildings will move and provide space even if they exploit some economically inefficient
locations." Alawi, who previously ran the Red Sea Mall, said: "The Red Sea Mall, for example, would provide at least 12 cinema showrooms, with at least 300 seats each, currently being built." He explained that the flow of capital abroad throughout the year was not justified, and greatly hurt the Saudi economy.
The legal critique more fully addresses the problem than does the economic protest, for although much administrative power is economically inefficient
, all of it is unconstitutional.
Of all the factors influencing the market, human nature, "as economically inefficient
and unsophisticated it may be, seems the least likely to change," Grantham concludes.