Growth
in sentence
19851 examples of Growth in a sentence
Greece, where
growth
resumed only in 2017 and unemployment is still close to 20%, is an extreme case.
To avoid permanent socioeconomic damage, these countries need faster
growth.
But, because of elevated debts or remaining deficits, countries in need of further
growth
are also those that lack fiscal space.
That period was, in many people’s view, tarnished by greed, with rapid GDP
growth
accompanied by increasing inequality of income and wellbeing.
Provinces with high levels of private insurance coverage, on the other hand, had lower employment rates and slower wage
growth.
Trump’s 3%
Growth
for the 1%CAMBRIDGE – US President Donald Trump has boasted that his policies will produce sustained 3-4%
growth
for many years to come.
His prediction flies in the face of the judgment of many professional forecasters, including on Wall Street and at the Federal Reserve, who expect that the US will be lucky to achieve even 2%
growth.
The stock market may care only about the
growth
rate, but most Americans should be very concerned about how
growth
is achieved.
Given this performance, getting to 3% annual
growth
would hardly be a miracle.
Of course,
growth
this year is in many ways a continuation of that achieved during Barack Obama’s presidency.
Altering the course of a giant ship – in this case, the US economy – takes a long time, and even if Trump ever does manage to get some of his economic agenda through the US Congress, the
growth
effects are not likely to be felt until well into 2018.
Moreover, Trump’s plans to increase protectionism and sharply reduce immigration, if realized, would both have significant adverse effects on
growth
(though, to be fair, the proposal to have the composition of immigration more closely match the economy’s needs is what most countries, including Canada and Australia, already do).
Subdued wage
growth
in the face of a tightening labor market is unlikely to continue, and any big rise in wages will put strong upward pressure on prices (though this might not happen anytime soon, given the relentless downward pressure on wages coming from automation and globalization).
How the Fed handles an eventual transition to higher wage
growth
will be critical.
So, yes, Trump just might get his
growth
number, especially if he finds a way to normalize economic policymaking (which is highly uncertain for a president who seems to prefer tweet storms to patient policy analysis).
For starters, faster
growth
is unlikely to reverse the current trend toward inequality, and a few small, targeted presidential interventions into the actions of specific states or companies are hardly going to change that.
If environmental degradation and rising inequality make economic
growth
such a mixed blessing, is the US government wrong to focus on it so much?
Higher
growth
rates are particularly good for smaller businesses and startups, which in turn are a major contributor to economic mobility.
Recent low
growth
rates have made potential entrepreneurs far more reluctant to move across states or to change jobs, and have reduced economic mobility in general.
Still, policies that produced more broadly shared and environmentally sustainable
growth
would be far better than policies that perpetuate current distributional trends and exacerbate many Americans’ woes.
Even if Trump hits his
growth
targets in 2018 and 2019 – and he just might – only the stock market may be cheering.
Even an economy with an overall budget deficit will have a declining government debt/GDP ratio if the
growth
rate of its nominal GDP exceeds that of its debt.
For Greece, with an overall deficit of 4.1% of GDP and a debt/GDP ratio of 170%, the debt ratio would fall if the combination of inflation and real (inflation-adjusted) GDP
growth
exceeded 2.4%.
Stated differently, now that Greece has achieved a zero primary budget deficit, its debt burden will decline if its nominal
growth
rate exceeds the average interest that it pays on its government debt.
But, unless Greece is able to increase its rate of economic growth, the budget will remain in deficit and the debt will remain at nearly its current share of GDP.
Growth
in the United States and parts of Europe returned.
And emerging-market
growth
returned to pre-crisis levels and appears to be sustainable, helped by unorthodox policies designed to “sterilize” massive capital inflows.
But continued high
growth
in emerging markets depends on avoiding a second major downturn in the advanced economies, which continue to absorb a large (though declining) share of their exports.
Slow
growth
is manageable.
Negative
growth
is not.
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