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Growth in sentence

19851 examples of Growth in a sentence

Against this background, a return to pre-crisis growth patterns could not reasonably be expected, even after advanced economies completed the deleveraging process and repaired their balance sheets.
But developing countries’ economic performance was still expected to decouple from that of developed countries and drive global output by finding new, relatively autonomous sources of growth.
Technological convergence and the transfer of surplus labor to more productive tradable activities would continue, despite the advanced economies’ anemic growth.
Indeed, emerging countries have largely recognized the need for a comprehensive strategy, comprising targeted policies and deep structural reforms, to develop new sources of growth.
First, emerging economies’ motivation to transform their growth models was weaker than expected.
The global economic environment – characterized by massive amounts of liquidity and low interest rates stemming from unconventional monetary policy in advanced economies – led most emerging economies to use their policy space to build up existing drivers of growth, rather than develop new ones.
But the growth returns have dwindled, while imbalances have worsened.
Only by recognizing the weaknesses of old growth patterns and pursuing the needed structural reforms can emerging economies achieve strong, stable, and sustainable GDP growth – and fulfill their potential as the global economy’s main engines.
It is easy to see why governments should de-emphasize economic growth when it is proving so elusive.
Why not give up growth and enjoy what we have?
No doubt this mood will pass when growth revives, as it is bound to.
Nevertheless, a deeper shift in attitude toward growth has occurred, which is likely to make it a less important lodestar in the future – especially in rich countries.
The first factor to undermine the pursuit of growth was concern about its sustainability.
When people started talking about the “natural” limits to growth in the 1970’s, they meant the impending exhaustion of food and non-renewable natural resources.
As the Stern Review of 2006 emphasized, we must sacrifice some growth today to ensure that we do not all fry tomorrow.
A more recent concern focuses on the disappointing results of growth.
It is increasingly understood that growth does not necessarily increase our sense of well-being.
But another finding has also started to influence the current debate on growth: poor people within a country are less happy than rich people.
We constantly compare our lot with that of others, feeling either superior or inferior, whatever our income level; well-being depends more on how the fruits of growth are distributed than on their absolute amount.
Put another way, what matters for life satisfaction is the growth not of mean income but of median income – the income of the typical person.
With this kind of income distribution, it would be surprising if growth increased the typical person’s sense of well-being.
In other words, a minority – a very small minority in countries like the United States and Britain – has captured most of the gains of growth.
In such cases, it is not more growth that we want, but more equality.
India’s last two governments each served a full term and presided over significant economic growth, even though they comprised 23 and 20 parties, respectively.
Though the big parties are broadly committed to continuing an economic policy of liberalization and growth, the BJP is mostly focused on the well-being of India’s merchant class, whereas Congress wishes to redistribute enhanced government revenues to the poor through generous social programs.
But these figures are changing rapidly, owing to China’s exuberant growth.
Now in its eighth year, the almost obscene economic growth in the United States could be used to illustrate the inverse proposition.
In Europe, the advent of the Euro has certainly not invigorated economic growth, and does not look likely to do so anytime soon.
In contrast to the United States, however, the boost in consumer demand has not become an engine of growth.
So there is little reason to be terribly optimistic for the near future, neither for growth nor job creation.
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