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Growth in sentence

19851 examples of Growth in a sentence

In 2010, growth reached an impressive 7.5% clip, as highly expansionary fiscal and monetary policies, implemented in response to the global financial crisis, lifted the economy out of harm’s way.
Today, similar policies are again doing the trick, with GDP growth picking up in the second half of 2012 and expected to reach more than 4% in 2013.
But can Brazil move beyond these stop-and-go cycles and ensure steady growth?
Critics call it a misguided effort that will only create more distortions and retard growth.
Raising medicine prices reduces usage, leading to more illness, lower productivity, and slower GDP growth.
The Global Growth QuestNEWPORT BEACH – What is the most urgent economic priority shared by countries as diverse as Brazil, China, Cyprus, France, Greece, Iceland, Ireland, Korea, Portugal, the United Kingdom, and the United States?
But the number one challenge facing these countries is to develop growth models that can provide more ample, well-paid, and secure jobs amid a secular re-alignment of the global economy.
The last few years have highlighted the declining potency of long-standing growth models.
Global growth averaged only 2.9% in the most recent five-year period, well below the level for virtually any such multi-year period going back to 1971.
Growth has been virtually flat in developed economies and, at 5.6% in the emerging world, is well below the 7.6% average in the previous five-year period.
But, rather than catalyzing sensible policy discussions, these issues played into polarized and polarizing politics, creating new and more immediate headwinds to economic growth.
Meanwhile, a highly interdependent and (now) less dynamic world economy has been limiting the scope for external growth drivers.
Accordingly, even countries with sound balance sheets and manageable leverage have experienced a growth slowdown.
With insufficient growth to deleverage safely, social costs have been considerable.
Given these trends, the search for more robust growth models will take much longer and be more complicated than many recognize – especially as the world economy pivots away from unfettered globalization and high levels of leverage.
But, without a short-term economic turbo-charger, the recovery in growth and jobs will remain gradual, vulnerable to political and policy risks, and disproportionately beneficial to those with favorable initial endowments of wealth and globalized talents.
Governments’ role will be different in countries like China, where officials will guide a shift from dependence on external sources of growth to more balanced demand.
Undermined by a lack of policy flexibility, it will take a long time for countries like Cyprus to overcome the immediate shock of crisis and revamp their growth models.
Left to their own devices, these multi-speed dynamics would translate into higher global growth overall, coupled with larger internal and cross-country disparities – often exacerbated by demographics.
No one should underestimate the growth challenge facing today’s global economy.
That is by far the most protracted period of weakness in real US consumer demand since the end of World War II – and a massive slowdown from the pre-crisis pace of 3.6% annual real consumption growth from 1996 to 2007.
With household consumption accounting for about 70% of the US economy, that 2.7-percentage-point gap between pre-crisis and post-crisis trends has been enough to knock 1.9 percentage points off the post-crisis trend in real GDP growth.
Second, this six-quarter plunge was followed, from mid-2009 through early 2013, by 15 quarters of annualized consumption growth averaging just 2% – an upturn that pales in comparison with what would have been expected based on past consumer-spending cycles.
In the eight recoveries since the early 1950’s (excluding the brief pop following the credit-controls-induced slump in the 1980’s), the stock-adjustment response lifted real consumption growth by 6.1%, on average, for five quarters following business-cycle downturns; spurts of 7-8% growth were not uncommon for a quarter or two.
By contrast, the release of pent-up demand in the current cycle amounted to just 3% annualized growth in the five quarters from early 2010 to early 2011.
This is not only far below the rates of Asia’s economic superstars; it is also a fraction of Mexico’s own growth performance during the decades that preceded the debt crisis of 1982 (3.6% per year between 1960 and 1981).
What matters most is whether a country adopts the right growth strategy.
It is not out of line with other American yardsticks: since the output trough, real GDP has grown at an average rate of 2.86%/year, barely above the rate of growth of the US economy’s productive potential.
There, real GDP growth and declining unemployment show a solid, well-entrenched, and rapid recovery – to the point that inflation will soon become a more significant macroeconomic problem than job creation.
So, too, the renminbi’s stability has helped the region maintain strong growth, from which the world as a whole benefits.
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