Growth
in sentence
19851 examples of Growth in a sentence
In several advanced countries, including the US,
growth
and employment prospects are starting to diverge widely, endangering social cohesion and economic openness.
In the US, the main challenge is to restore fiscal balance without damaging the recovery and future
growth.
Beyond that, it is unclear whether or how QE2 will produce much
growth.
The tradable sector accounts for just 30% of the US economy (by value added), and employment
growth
in the tradable sector is negligible.
If employment
growth
in the non-tradable sector – dominated by government and health care – falters, the tradable sector will have to take up the slack.
But, taken together, they would help reduce uncertainty and restore a pattern of stability and inclusive
growth
to the global economy, thereby bolstering its continued openness.
The British government, preoccupied with finding ways to stimulate
growth
as the next election approaches, will no doubt think hard before making any changes that might drive business offshore.
If
growth
in the trade sector boosts that of domestic non-trade sectors, then a fixed exchange rate will not put pressure on the external balance of payments as demand for imports rises.
Pressure for revaluation comes at a stage when per capita national income is merely $1,000, not $10,000 or $15,000, so China still needs a rather long period of rapid economic
growth
to reach anything like the stage that Japan had achieved when it allowed the yen to be revalued.
With its huge domestic economy, China would never have been able to accumulate such an enormous external surplus if its
growth
had not been confined to such enterprises.
This will boost near-term economic
growth
and inevitably push interest rates up.
Tax cuts and spending increases may spur economic
growth
in the near term, but they will increase the government’s debt, raising further doubts about America’s long-term willingness or ability to meet its commitments.
Then credit
growth
collapsed.
But the answer holds important implications for policymaking and prospects for economic
growth.
But there is strong evidence that once the immediate crisis was over, lack of demand for credit played a far larger role than restricted supply in impeding economic
growth.
Poor customer demand was ranked well ahead of credit availability as a constraint on
growth.
Economic
growth
can indeed continue to be severely depressed by a debt overhang even when credit supply is unrestricted and cheap.
Since 2011, the ECB’s analysis of weak eurozone
growth
has stressed the negative impact of an impaired and fragmented financial system, with high sovereign-bond yields and funding costs for banks resulting in prohibitive lending terms in the peripheral countries.
Nonetheless, the rate of decline in private-sector loans has accelerated over the last year – from -0.6% to -2% – and low demand is acknowledged to be the main driver of depressed credit
growth.
Simultaneous private deleveraging and fiscal consolidation are restricting eurozone
growth
far more than remaining restrictions on credit supply.
Yet the reforms have faced delays, and employment and output
growth
has been limited.
Crucially, advanced and emerging economies must coordinate their policies, in order to foster confidence and strengthen
growth.
Last month, finance ministers and central-bank governors of the G-20 countries acknowledged the limitations of monetary stimulus and embraced structural reforms, infrastructure investment, and fiscal policy as the key to future
growth.
Both sides will have to make an effort: Creditors must accept some risk, and debtors must enhance their creditworthiness through structural fiscal adjustment and reforms that improve their
growth
prospects.
The European Commission foresees 1.3%
growth
this year, which is not bad by European standards.
It is not hard to see why
growth
has picked up.
One is that spending and
growth
are now under less pressure from fiscal consolidation.
Economic
growth
heals many wounds.
Unfortunately for Europe,
growth
also reduces the perceived urgency of action where action is urgently needed – for example, Greece.
Similarly, the more that recovery and sustained
growth
strengthen banks’ balance sheets, the less urgency policymakers feel to address structural shortcomings, such as the implicit guarantees enjoyed by state banks and municipal savings banks in Germany, and the problems of family-controlled banks like Banco Espirito Santo in Portugal.
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