Growth
in sentence
19851 examples of Growth in a sentence
And the 1992 devaluation led to a new monetary-policy approach, greater macroeconomic stability, and faster economic
growth.
If the volume of oil resources were known with certainty, and if we could accurately predict the
growth
of oil consumption, calculating the imminence of exhaustion would be simple.
In fact, the bulk of recent
growth
in world reserves is due not to new discoveries, but mainly to reserve
growth
and improved recovery rates.
Growth
in a Buddhist EconomyNEW YORK – I have just returned from Bhutan, the Himalayan kingdom of unmatched natural beauty, cultural richness, and inspiring self-reflection.
In Bhutan, the economic challenge is not
growth
in gross national product, but in gross national happiness (GNH).
Yet GNH goes well beyond broad-based, pro-poor
growth.
Bhutan is also asking how economic
growth
can be combined with environmental sustainability – a question that it has answered in part through a massive effort to protect the country’s vast forest cover and its unique biodiversity.
The country is also intent on ensuring that the benefits of
growth
reach all of the population, regardless of region or income level.
Having identified technological progress as one of the most important sources of
growth
and employment, the Commission has specified 101 policy measures – including programs aimed at increasing women’s participation in the ICT workforce – to deliver sustainable GDP
growth
through digital technologies.
Underrepresentation of women in the sector is damaging its competitiveness and impeding Europe’s return to
growth.
In terms of GDP growth, employment, or innovation, other EU countries, on average, lag behind the UK (and, to an even greater extent, the United States).
It provides major
growth
opportunities for the most productive and innovative firms, while enabling them to learn from their overseas competitors.
The other looming danger is a
growth
crisis – a threat that has become increasingly serious.
The ECB’s most recent macroeconomic forecast, which cut expected GDP
growth
for both 2012 and 2013, makes the threat all too clear: The eurozone will certainly contract this year, and grow by just 0.3%, at best, next year.
Europe persistently undershoots its
growth
targets because European policymakers persistently underestimate fiscal multipliers, pursuing austerity instead.
And slower
growth
means lower revenues, which imply larger deficits and heavier debt burdens – at which point, as Wolfgang Munchau of the Financial Times and others have stressed, the entire belt-tightening exercise begins to look self-defeating.
The problem is not just that slow
growth
is driving up debt levels.
It is also increasingly plausible that the debt overhang is itself becoming the cause of slow
growth.
A debt overhang exists when a country’s debt is large enough that the benefits of adjustment and
growth
go entirely to the creditors.
And, because the proceeds of any new investment will be taxed away to service existing obligations, the debt overhang discourages private investment and
growth.
Roughly 75% of today’s small countries were formed in the last 70 years, mostly as a result of broader democratic transitions and in tandem with trade
growth
and globalization.
But small countries’ economic
growth
is often more volatile – a tendency that younger states must learn to contain if they are to prosper in the long term.
Indeed, there is a strong positive correlation between the pace of economic
growth
and “intangible infrastructure” – the combination of education, health care, technology, and the rule of law that promotes the development of human capital and enables businesses to grow efficiently.
But, even as Brazil steps into the international spotlight, it maintains considerable barriers to the global economy, damaging its prospects for future
growth
and prosperity.
Sealing itself off from the bracing effects of global competition is sapping Brazil of much-needed momentum, with serious consequences for households, most of which have experienced only modest income
growth
in recent years.
In order to lift half of the still-vulnerable population into the middle class, Brazil will need 4.2% annual GDP growth, on average, through 2030 – a target that can be met by tripling productivity
growth.
In fact, an assessment of how global connections affect economic
growth
suggests that, by pursuing deeper engagement with the world, Brazil could boost its average annual rate of GDP
growth
by up to 1.25 percentage points.
In doing so, Brazil would gain access to innumerable opportunities for
growth.
Tourism also offers significant
growth
potential, particularly if Brazil can build on the rare opportunity presented by hosting the World Cup and the Olympics.
Skilled migrants have been essential to the
growth
of some of the world’s leading hubs of technology and innovation – from Silicon Valley to Ireland, India, and Taiwan.
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