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Wealth in sentence

3143 examples of Wealth in a sentence

By the late 1990's, the political scene almost everywhere came to be dominated by the desire to combine competitiveness and growth-induced wealth creation on the one hand with solidarity, justice, and social cohesion on the other.
Europe’s retained wealth and accrued cultural resources will allow the old continent to live in relative comfort in the decades ahead, even if it gradually cedes its position in the production of goods and services.
The continued growth of US trade deficits, particularly since the mid-1980s, reflects monetary expansion by the Federal Reserve, which has inflated real estate and stock prices; thanks to the resulting wealth effect, consumption has increased and saving has decreased.
But if the price of oil falls, citizens suffer a loss of income and wealth (relative to having invested the money elsewhere).
And financial institutions are making precise lending decisions in seconds rather than weeks, thanks to a wealth of online data on individuals and firms.
Many successful businessmen are putting some of their wealth into foundations that run schools and colleges.
Beyond politics, there are vast differences among the economies of the new members, not only in terms of wealth, but also in their structures.
When people do not fear that a rapacious government will expropriate their wealth, and when an elite that owes its success to the government does not determine market rules, opportunities percolate to everyone.
It was the single market’s establishment in 1992 – not the euro’s introduction seven years later – that brought free trade, increased competitiveness, and new wealth to Europe.
The causes of their concern are clear enough: high unemployment and underemployment in advanced and emerging economies; inadequate skills and education for young people and workers to compete in a globalized world; resentment against corruption, including legalized forms like lobbying; and a sharp rise in income and wealth inequality in advanced and fast-growing emerging-market economies.
For example, the rise in inequality has many causes: the addition of 2.3 billion Chinese and Indians to the global labor force, which is reducing the jobs and wages of unskilled blue-collar and off-shorable white-collar workers in advanced economies; skill-biased technological change; winner-take-all effects; early emergence of income and wealth disparities in rapidly growing, previously low-income economies; and less progressive taxation.
With credit exhausted, the effects on aggregate demand of decades of redistribution of income and wealth – from labor to capital, from wages to profits, from poor to rich, and from households to corporate firms – have become severe, owing to the lower marginal propensity of firms/capital owners/rich households to spend.
Karl Marx oversold socialism, but he was right in claiming that globalization, unfettered financial capitalism, and redistribution of income and wealth from labor to capital could lead capitalism to self-destruct.
Even before the Great Depression, Europe’s enlightened “bourgeois” classes recognized that, to avoid revolution, workers’ rights needed to be protected, wage and labor conditions improved, and a welfare state created to redistribute wealth and finance public goods – education, health care, and a social safety net.
The push towards a modern welfare state accelerated after the Great Depression, when the state took on the responsibility for macroeconomic stabilization – a role that required the maintenance of a large middle class by widening the provision of public goods through progressive taxation of incomes and wealth and fostering economic opportunity for all.
Multilateralism – long enabled by the same sort of asymmetric contribution, though typically proportionate to countries’ income and wealth – will also lose steam, as the trend toward bilateral and regional trade and investment agreements accelerates.
Of income, wealth, happiness, fate?
Sounding the alarm on inequality, the Bank of Italy calculates that the combined wealth of the ten richest Italians equals that of three million of their poorest countrymen.
In name of the old formula, Bersani allied himself with the SEL, reassuring the center with one hand, while trade union leader Susanna Camusso and SEL leader Nichi Vendola scared it with the other by demanding a new wealth tax.
Capital inflows produced a wealth effect, but only while they lasted.
When the money stopped flowing in, the wealth dried up.
Argentina's wealth is now vacationing in Miami, perhaps for good.
The same people and governing methods that the “Rose Revolution” of November 2003 sought to defeat have reemerged at the center of power by using their personal networks, which extend outside Georgia’s borders, as well as their tremendous wealth and finely honed skills at political scheming and manipulation.
It is clear that our current governance structures and dominant models of wealth creation are not equipped to meet current or, more important, future needs.
Some traditional leaders, academics, representatives of civil-society groups, and students, on the other hand, were more worried about whether the country’s new oil wealth would benefit ordinary people.
Will oil wealth create a kleptocracy on the bones of 30 years of progress in meeting standard criteria of good governance?
On a continent where mineral wealth too often has become a curse, Botswana, under the leadership of President Festus Gontebanye Mogae, has demonstrated how natural resources can promote sustainable development and good governance.
Mogae managed to hold down inflation and attract foreign investment in order to diversify Botswana’s economy and make it less dependent on the extraction of diamonds, while simultaneously ensuring that more of the country’s mineral wealth was processed at home.
African countries could also choose the Norwegian model, which established the principles that natural wealth belongs to all citizens, including the unborn, and that all mining deals should be completely transparent to the public.
At the same time, it is important to prevent mineral wealth from causing unwarranted currency appreciation – the dreaded “Dutch disease.”
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