Rapid
in sentence
2563 examples of Rapid in a sentence
For countries that had embraced more flexible exchange rates – Russia, Brazil, and Colombia, among many others – the initial reversal of oil and primary commodity prices ushered in a wave of currency crashes, while those that maintained more rigid exchange-rate arrangements experienced
rapid
reserve losses.
After the period of
rapid
economic growth ended, Europe’s leaders came to rely, instead, on the threat of an evil that is greater than austerity: further destabilization of debtor countries, leading to default, expulsion from the eurozone, and economic, social, and political collapse.
That period was, in many people’s view, tarnished by greed, with
rapid
GDP growth accompanied by increasing inequality of income and wellbeing.
Third, the implementation of a wellbeing metric to guide policies would have the most
rapid
– and radical – effect at the national level.
At the same time, public spending acts as a brake on overall spending, and prevents the
rapid
cost escalation to which America’s private insurance companies contribute.
In the last few decades of
rapid
globalization, nationalism never really left, but it did take a backseat to hopes of greater economic prosperity.
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.
Large capital inflows led to overheating and inflation, asset-price bubbles, and
rapid
currency appreciation.
The crisis struck domestic demand, and the tradable sector was incapacitated, because the
rapid
rise in relative unit labor costs, combined with an over-valued euro, had undermined competitiveness.
The
rapid
deterioration of fiscal position after the crisis made any substantial countercyclical response impossible, while regulatory constraints limited the economy’s structural flexibility.
Thanks to the scientific revolution that began in the seventeenth century, humans today enjoy instant communication,
rapid
transportation, a rich and diverse diet, and effective prevention and treatment for once-fatal illnesses.
From 1850 to 1970 or so,
rapid
technological progress first triggered wage increases in line with productivity gains.
Both Japan and Germany were slow in liberalizing their domestic financial systems as they tried to limit capital inflows for a substantial period of time in order to avoid
rapid
currency appreciation and the consequent erosion of their export competitiveness.
During the last two decades, four factors combined to generate a sharp increase in world demand for commodities:
rapid
growth in global GDP, increasing urbanization in developing countries, a rise in population at a rate of 800 million people per decade, and a significant decrease in poverty.
Even if China sustains
rapid
growth, it is unlikely to repeat in the next 20 years the extraordinary decrease in poverty witnessed in recent decades.
This expansion includes the tax cuts passed in December,
rapid
increases in government spending, and recent proposals for further tax cuts.
For the past couple of years, finance ministers and central bank heads have had the luxury of using the IMF meetings to congratulate themselves on
rapid
global growth, regardless of how much they actually contributed to it.
On the contrary, the technology gap between developed and developing countries, measured by levels of penetration by personal computers and information-technology and communications services, has narrowed markedly over the course of the past decade, with
rapid
growth in mobile phone and Internet use.
This distinct genealogy contributed to the fact that after 1989 the real priorities of the Union was not the
rapid
reunification of Europe but rather deepening integration of its western half, and protecting itself from possible destabilizing effects of radical geopolitical changes.
There are three keys to this phenomenon:The Internet allowed for a
rapid
worldwide dissemination of organizational plans at an extraordinarily low cost to the organizers.
At the onset of the Great Recession,
rapid
and coordinated responses by leaders of the major economies, including bold stimulus packages, gave the impression that the crisis would be short-lived.
A variant of this dynamic can be seen in Russia and many parts of Eastern Europe and Central Asia, where the fall of the Berlin Wall did not usher in democracy, economic liberalization, and
rapid
output growth.
Some of these were driven by demand, food production for example, and many of the most revolutionary were supported by well-designed government policy, such as the construction of railways and the
rapid
development of mobile telephony.
The need to supply fuel and open land during
rapid
economic development had a devastating effect on European and American forests.
In this age of
rapid
change, those who lag behind become irrelevant– in a heartbeat.
Likewise, a key driver of
rapid
development in countries like Singapore, Malaysia, and South Korea has been their strategic decision to shift public expenditure away from hard infrastructure and toward the “soft” infrastructure needed to build and sustain a knowledge economy.
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.
They will recall how oil price increases in the 1970’s fueled
rapid
inflation, and will want to show their resolve not to let it happen again.
By 2030, 70% of all Chinese are expected to live in cities.China’s urbanization has undoubtedly supported the country’s impressive growth and
rapid
economic transformation.
Despite growing concerns about China’s corporate debt – which is now close to 170% of GDP – and its ability to escape the middle-income trap,
rapid
digitization will allow the Chinese economy to continue moving up the value chain.
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