Growth
in sentence
19851 examples of Growth in a sentence
And the accompanying increase in imports is unlikely to damage China’s economic
growth
significantly; it is more likely to complement, rather than substitute for, domestic demand.
Even if we did not incur the same costs as the US over the past decade – the hundreds of billions of dollars spent, and the many young people killed or injured – we have paid the price that regional uncertainty always imposes: lost trade, lost growth, refugees, and violence.
Admittedly, the country’s economic performance after the oil shock of the early 1970s was poor, marked by slow growth, high inflation and unemployment, huge fiscal deficits, increasing debt, a declining currency, and inadequate infrastructure.
But entering Europe’s economic and monetary union was meant to induce the political system to pursue longer-term goals such as productivity
growth
and enhanced competitiveness.
Annual GDP
growth
jumped from -1.6% in 1993 to over 4% in 1997 – and stayed around this level until 2007.
Korea, the last Asian economy to collapse is now doing best with double-digit
growth
and interest rates not much above American levels.
Not only did Chinese regulators enable the bubble’s
growth
by allowing retail investors – many of them newcomers to the market – to engage in margin trading (using borrowed money); the policy response to the market correction that began in late June has also been highly problematic.
Given relatively strong economic growth, rising prices seemed justified until about March, when the market, driven by mostly thinly traded small- and mid-cap stocks, shot to over 5,000, placing the economy at risk.
Even the United States, which has fared better than most since the crisis, has recorded GDP
growth
of little more than 10% since the start of 2008; over the same period, China’s economy grew by about 66%.
Without rapid growth, there is no way to reverse persistently high and increasingly structural (and therefore protracted) unemployment; safely de-leverage over-indebted balance sheets; and prevent already-disturbing income and wealth inequalities from growing worse.
Aristotle knew of insatiability only as a personal vice; he had no inkling of the collective, politically orchestrated insatiability that we call economic
growth.
This is not just or mainly because we will soon enough run up against the natural limits to
growth.
Asia’s rise over the last few decades is more than a story of rapid economic
growth.
The price-stability mandate has been trumped by concerns about
growth.
The economy is incurring the inflationary costs of the Bank’s policy while missing out on the intended benefit of
growth.
There was in fact no immediate recession in the United Kingdom following the Brexit vote; indeed, there was not even a slowdown in
growth.
The consequences for
growth
will not be pretty.
Banking has become an instrument of economic policy to ensure GDP
growth
and employment creation, while keeping inflation at an acceptable level.
It also accounts for a growing share of global energy demand, meaning that its economy’s continuing shift toward service- and consumption-led
growth
will reshape the resource sector worldwide.
According to Beyond the Supercycle: How Technology Is Reshaping Resources, a new report from the McKinsey Global Institute (MGI), these trends are slowing the
growth
of primary energy demand.
While global
growth
in energy demand is slowing, China’s share of that demand is increasing.
And Chinese producers, like most others, are feeling increasing pressure to reduce costs and improve efficiency to make up for slower demand
growth
worldwide.
Its share of global GDP declined slowly until 1820, when it began to drop precipitously, owing to the Industrial Revolution’s enormous impact on economic
growth
in the West.
Then Deng Xiaoping initiated China’s reform and opening up, and the country’s own
growth
miracle began.
For starters,
growth
over the last four decades was spurred mainly by the entry of new firms, rather than the restructuring of old ones.
Opening up also encouraged learning, and, finally, proactive macroeconomic policy enabled the country to avoid financial crises and smooth out fluctuations in
growth.
New private enterprises were key drivers of economic growth, but it was the state that created strong incentives for market entry.
And that added attention and investment, FIFA claims, “may contribute to significant mid- and long-term socioeconomic benefits … as well as economic growth.”
FIFA only goes so far as to promise an “opportunity for significant financial investment” in infrastructure, as well as attention and investment that “may contribute” to
growth.
In a joint report on the competitiveness of the Arab countries, the European Bank for Reconstruction and Development (EBRD) and the World Economic Forum call for urgent institutional reform to support private-sector
growth.
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