Growth
in sentence
19851 examples of Growth in a sentence
The Next Industrial RevolutionNEW YORK – A new global deal to tackle climate change will not only be good for business, it is crucial to achieve sustainable
growth
for the global economy.
When these three forces align, economic change accelerates and so does economic
growth
and wealth creation.
For example, in the US, energy efficiency measures alone can save over a trillion dollars, while driving job creation and
growth
in the short-term, aiding the economic recovery and providing the economic stimulus required to accelerate investment in low-carbon energy generation and use.
With these three straightforward principles at its core, a global deal signed in Copenhagen can fire the starting pistol for the new industrial revolution, the low-carbon revolution, creating significant growth, job creation and economic development throughout the world.
Its key feature is to shift official policy from maximizing GDP
growth
toward raising consumption and average workers’ standard of living.
China’s high rate of GDP
growth
over the past decade has, of course, raised the real incomes of hundreds of millions of Chinese, particularly those living in or near urban areas.
Much of the income from GDP
growth
went to large state-owned enterprises, which strengthened their monopoly power.
China now plans to raise the relative
growth
rate of real wages and to encourage increased consumer spending.
Moreover, if it were true, it would follow that tax cuts would reduce budget deficits, because faster economic
growth
would generate higher revenues, even at lower tax rates.
More recently, former US Treasury Secretary Lawrence Summers argued that “secular stagnation,” manifested in sustained lower investment and
growth
in many advanced economies, has been a major force driving down rates.
In the eurozone and Japan, taxing banks that hold reserves (negative-interest-rate policy) will also encourage more bank lending, and thus stimulate
growth.
In this and other ways, the rainforest could be harnessed to finance development and generate
growth
in a socially inclusive and sustainable way.
Economic
growth
has averaged nearly 6% over the last decade, and the poverty rate has declined rapidly since the 1990s.
And we see such interdependence even more clearly in their economic performance: China’s annual GDP
growth
rate, for example, will slow by two percentage points this year, owing to sluggishness in the United States and the EU.
The
growth
miracle of an ascendant Japanese economy was premised on an unsustainable suppression of the yen.
Instead, the paper’s authors argued that Japan’s “lost decades” of anemic
growth
and deflation could have been avoided had policymakers shifted to stimulus more quickly and with far greater force.
Meanwhile, the real economy eked out a decidedly subpar recovery, with real GDP
growth
holding to a 2.3% trajectory – fully two percentage points below the 4.3% norm of past cycles.
Countries compete for investment, talent, growth, and opportunity in a globalized world, and those that are pushed out of the running surrender the greatest prize of all: human development, prosperity, and happiness for their people.
They empower citizens to cultivate their collective energy and develop their potential, and thus become drivers of their countries’
growth
and advancement in the world arena.
Faster
growth
in consumer spending would also reverse the recent slowdown in GDP growth, providing the extra demand needed to create employment for the millions of Chinese who are leaving agriculture and the millions more who are graduating from the country’s universities.
They campaigned and won on the promise that free-market capitalism would unleash
growth
and boost prosperity.
Only one-quarter of this decline is due to slower economic growth; the remainder is attributable to an increasingly unequal distribution of income.
Even leaving aside other important dimensions of the issue – such as fear of globalization, growing ethical doubts about contemporary technologies, and concerns about the environmental consequences of
growth
– redefining progress is a challenge of daunting magnitude.
For several decades,
growth
has served as a substitute for sensible social cohesion policies.
The movement’s rapid
growth
was fueled by widespread opposition to what many regard as official efforts to regiment lifestyles, as well as by frustration over perceived economic inequities.
Clearly, oil producers failed to anticipate the
growth
of demand in China—so much for the wisdom and foresight of private markets.
For the past three years, falling interest rates have been the engine of growth, as households took on more debt to refinance their mortgages and used some of the savings to consume.
Clearly, some of the
growth
in 2004 was due to provisions that encouraged investment in that year—when it mattered for electoral politics—at the expense of 2005.
Europe is finally beginning to recognize the problems with its macro-economic institutions, particularly a stability pact that restricts the use of fiscal policy and a central bank that focuses only on inflation, not on jobs or
growth.
It may be too soon to be sure, but prospects for taming the over exuberance of a year ago appear good, bringing economic
growth
rates to sustainable levels that would be the envy of most other countries.
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