BL subsidies were clearly propping up an uncompetitive industry.

This is largely a result of the concentration of now uncompetitive heavy industry in Slovakia.

Nevertheless, the new world order has created hardship in declining or newly uncompetitive industries.

Having relied heavily on Soviet experts and socialist theories of development, India now finds itself burdened with outdated technology and uncompetitive industries.

The structural problems of the economy remain - inadequate saving, uncompetitive industry and insufficient investment in human capital.

The decree is also an effort to revive Iran's stalled privatization programme and kick-start the country's many uncompetitive industries, which are heavily protected by subsidies.

It also has inflexible labor rules that inhibit job creation, a bloated Government, inefficient state-run industries and uncompetitive private industries.

While most Mexicans welcomed the trade accord, he saw another raw deal: uncompetitive Mexican industries left to perish, wrongheaded American immigration policies left intact.

But by 1977 high wages had made Norwegian industry uncompetitive and a soaring forced cut-backs in public and private spending.

The term denotes an uncompetitive industry run by a handful of powerful sellers.