Growth
in sentence
19851 examples of Growth in a sentence
The basic idea behind modern economic
growth
– which started in the late eighteenth century – is that it involves constructing physical capital (buildings, machines, and infrastructure), increasing education levels, and combining these “factors of production” in a way that raises productivity.
You can tailor a
growth
strategy based on your natural resources, such as abundant coal or access to the sea.
Rich economies (Western Europe, the US, Canada, and Australia) moved steadily ahead, while most poorer countries, despite some episodes of decent growth, did not move significantly closer to the leaders’ productivity and income levels.
The relatively few major positive
growth
surprises in the past 50 years have almost all been in Asian countries that focused initially on exporting cheap manufactured goods and then found ways to improve quality and offer more sophisticated products.
The most straightforward explanation is that elites in those countries figured out that they would do well from exports and associated economic
growth.
This is entirely plausible, and may signify – in my interpretation – that more elites now favor
growth.
As a result, there is good reason to think that China and India may be able to sustain annual
growth
rates of around 7%, while developed countries such as the US tend to average 2-3%
growth.
Extrapolating from these
growth
rates suggests that emerging markets could account for well over 50% of world GDP measured at market exchange rates by 2030.
As the existing system allows for growth, why not just work within it?
In this decade, thanks to record-high oil prices, GDP
growth
rates soared.
The response is fuelled by stress hormones that flow through the body, altering every organ and biochemical function, with wide-ranging effects on metabolism, growth, and reproduction.
PARIS: Save for the Netherlands, Europe's economies are languishing: according to the OECD, average
growth
in Western Europe will not exceed 1.6% this year, a drop from the 2.7%
growth
last year.
The exit by the British pound and Italian lira in September 1992 from the European Monetary System gave those two countries spurts of
growth.
But those surges are subsiding and can't be repeated: Italy, reconciling itself to a modest 1.7% rate of growth, is putting forth the idea of revising the Maastricht criteria for achieving monetary union in 1999.
With 1% instead of the 2.2%
growth
forecast last spring, France is not much better.
In Europe,
growth
appears set to return this year, though at a truly anemic rate, with the International Monetary Fund projecting a 1% annual increase in output.
In fact, the IMF’s forecasts have repeatedly proved overly optimistic: the Fund predicted 0.2%
growth
for the eurozone in 2013, compared to what is likely to be a 0.4% contraction; and it predicted US
growth
to reach 2.1%, whereas it now appears to have been closer to 1.6%.
Automatic budget cuts – which reduced 2013
growth
by as much as 1.75 percentage points from what it otherwise would have been – continue, but in a much milder form.
It is possible, even likely, that US
growth
in 2014 will be rapid enough to create more jobs than required for new entrants into the labor force.
Fast and sustainable economic
growth
requires the rule of law, accountable, meritocratic, and non-corrupt bureaucrats, protection of property rights, contract enforcement, and competitive markets.
But, while stimulus policies were mostly effective in dealing with the immediate crisis, they did not address the long-term issues that impede
growth.
In one session, 61% of participants foresaw stagnation in the next 2-5 years (33% predicted
growth
and 5% expected a crisis).
In the other session, 55% of participants foresaw stagnation in the next ten years (with 41% projecting
growth
and 4% expecting collapse).
The factors that drove the Putin era of rapid economic
growth
– high and rising oil prices, cheap labor, and unused production capacity – are all exhausted.
Malaria not only took the lives of children and adults; it perpetuated poverty and limited global economic growth, preventing millions from reaching their full potential.
In the United States, the pieces are in place for stronger
growth.
The Fed has signaled that it is prepared to do more to support
growth
and bring down unemployment.
The consensus forecast for US
growth
in 2013 is lower than for 2012, which is not a vote of confidence that they can.
The IMF sees China’s GDP
growth
accelerating in 2013.
The Chinese economy remains heavily dependent on exports, which should pick up as
growth
in other countries recovers.
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