Growth
in sentence
19851 examples of Growth in a sentence
Since 1996, per capita economic
growth
has averaged well below 1.5%, and total factor productivity has stagnated or declined.
The cumulative
growth
of employment between 1998 and 2013 in the informal sector was a whopping 115%, compared to 6% in the formal economy.
For capital, cumulative
growth
was 134% for the informal sector and 9% for the formal sector.
A considerable number of new firms are the main source of employment
growth.
It is not entirely clear why structural change has, perversely, reduced
growth.
Whichever of these stories is correct, it seems clear that Mexico’s
growth
problem is not the result of macroeconomic instability, the absence of foreign competition, or lack of human capital.
But if policymakers are to avoid missing the mark, after that process is completed, they must turn their attention to the structural factors that are depressing Mexico’s
growth.
Mexico has shown that successful
growth
strategies cannot be built on ready-made blueprints.
And it does not account for Italy’s weak economic
growth
rate, which consistently falls short of the eurozone average in good times and bad.
Moreover, the claim that Italy has been barred from running higher deficits to stimulate
growth
is simply false.
With the recent return of
growth
and abatement of migratory pressure, European leaders are now exploring options for EU- and eurozone-level reforms.
Merkel and Hollande will discuss the main question – how to spur economic
growth
without increasing public debt – on May 15 in Berlin.
Merkel has already welcomed Hollande’s ideas for a
growth
plan for Europe.
Reigniting Emerging-Economy GrowthHONG KONG – It is no secret that emerging economies are facing serious challenges, which have undermined their once-explosive
growth
and weakened their development prospects.
Nonetheless, in an increasingly open global environment, characterized by strong
growth
(and demand) in the advanced economies, the emerging economies managed to make huge and rapid progress.
Rock-bottom borrowing costs also spur excessive reliance on leverage, weakening the will to undertake reforms needed to boost potential
growth
– and further exacerbating the economy’s vulnerability to a shift in interest rates or investor sentiment.
After a prolonged period of accelerating demand growth, notably from China, governments came to regard high commodity prices as semi-permanent – an assumption that caused them to overestimate their future revenues.
Slower
growth
in the advanced economies has also weakened trade flows, adding to the headwinds.
In short, emerging economies have been challenged by externally generated macroeconomic shifts, unconventional monetary policies, widespread volatility, and slow
growth
in developed markets.
Generally, those that have fared better, such as India, have combined sound
growth
fundamentals and reforms with pragmatic and activist measures to counter the external sources of volatility.
In fact, the decline in prices, together with the reversal of capital flows, exposed weaknesses in the underlying
growth
patterns that had previously been masked by favorable conditions.
Jobs in electronics assembly, which plays a huge role in global trade and has helped to drive
growth
in many emerging economies – notably, China – are particularly vulnerable.
The relatively unconventional
growth
pattern in India, with its early emphasis on services, may hold important lessons.
As these economies add items – protecting themselves from volatility, countering unfavorable external conditions, and adapting to powerful technological trends – to their core structural
growth
agendas, they will invariably make mistakes, and even stumble.
With the US economy already close to full employment, Trump’s fiscal stimulus will fuel inflation more than it does
growth.
An already protectionist Trump administration will then have to pursue additional protectionist measures to maintain these workers’ support, thereby further hampering economic
growth
and diminishing corporate profits.
The ensuing tit-for-tat will hinder global economic growth, and damage economies and markets everywhere.
But, as the vacillation in financial markets since Trump’s inauguration indicates, the president’s inconsistent, erratic, and destructive policies will take their toll on domestic and global economic
growth
in the long run.
That failure partly reflects the short-termism that tends to dominate in Western democracies, where short electoral cycles (from about six months to four years) often compel politicians to focus on cyclical issues, rather than on structural impediments to long-term productivity gains and income
growth.
This is vital to enable an effective response to the structural problems – such as corruption, environmental pollution, and inequality – that more than two generations of rapid
growth
and development have brought.
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