Wealth
in sentence
3143 examples of Wealth in a sentence
Early efforts to privatize Iraq’s oil industry proved disastrous, confirming for many Iraqis that the occupying Americans were determined to “steal” the country’s
wealth
and thus fanning the flames of violent resistance.
The spirit of love for freedom, the spirit of solidarity, the spirit of the will to protect, jointly, our common cultural wealth, the spirit of alliance that is not opportunistic but emphatically moral.
Much of its
wealth
reflects the increased value of energy, not productive economic activity.
The challenge for Russia’s leaders is to use its oil
wealth
to educate Russia’s people and rebuild Russia’s infrastructure, thereby ensuring global competitiveness and employment growth.
Throughout history, other measures, including debt rescheduling, inflation, and various forms of
wealth
taxation (such as financial repression), have typically played a significant role.
The recent economic downturn eviscerated the
wealth
of many.
In the US, even after the stock-market recovery, median
wealth
fell more than 40% from 2007 to 2013.
The proponents of markets are right that incentives matter, but inappropriate incentives do not create real
wealth
in the economy, only a massive misallocation of resources of the sort we see now in such industries as telecoms.
With the wrong incentives, with the kinds of incentives that were in place in corporate America, a drive for the creation of the appearance of
wealth
took hold, at the cost of actual
wealth.
Technology and InequalityCAMBRIDGE – Until now, the relentless march of technology and globalization has played out hugely in favor of high-skilled labor, helping to fuel record-high levels of income and
wealth
inequality around the world.
True, war in Europe is now mostly unthinkable, with much
wealth
created.
On the contrary, not only did slow growth and high unemployment persist for years, but the inequality trifecta (income, wealth, and opportunity) worsened as well.
Given that most of Sudan’s oil
wealth
is concentrated in the South, the management of the oil industry and its revenues after secession is an existential problem for Bashir’s regime and its capacity to control his vast and ethnically diverse country.
This is all the more problematic because the top 30% of earners in Germany are already subject to a lower tax rate than 20 years ago, even though their
wealth
has increased.
Moreover, Putin’s associates wanted Yukos’ wealth, which was confiscated by the state oil company Rosneft through lawless taxation, leaving Putin’s tax reform and judicial reform in tatters and severely undermining property rights.
Putin and his KGB friends from St. Petersburg sit safely on all this wealth, thanks to their authoritarian governance and control over all security organs.
By concentrating
wealth
narrowly, globalization produces more threats than opportunities.
But monopolies of
wealth
are just as pernicious.
His starting point is the huge rise in
wealth
among the world’s richest 0.1% and 0.01% and the consequent pressure for people, governments, and companies to take on increasingly unsustainable levels of debt.
The United States and Europe are on track to have thrown away 10% of their potential wealth, while the failure to strengthen financial-sector regulation has left the world economy exposed to the risk of another major crisis.
Trump, for one, also promotes greed, openly boasting of his wealth, and has somehow refined outlandish hubris and contradictory posturing into a bizarre form of charisma.
Knowing the extent of his unpopularity in 2003, many believe that he was ready to leave power but needed a successor who would ensure that his legacy (and his wealth) survived.
Similarly, whereas tens of thousands of functionaries were indicted for corruption or lost their jobs under his leadership in the 1970s, the post-Soviet Shevardnadze of the 1990s reportedly joked that he should have arrested himself, but that he deserved his
wealth
for his priceless political contribution.
I pressed newly appointed Finance Minister Lou Jiwei on this point, suggesting that China deploy some of its excess foreign-exchange reserves to fund such an effort – the same tactic used to provide a $200 billion start-up injection for the China Investment Corporation, the sovereign
wealth
fund that he ran for the previous five and a half years.
The booms and busts have caused great redistributions of
wealth.
Did cynical salespeople in these and other countries lead people to believe that the boom times would produce
wealth
for everyone?
Under Russia’s highly concentrated ownership structure, the Kremlin’s control of
wealth
is synonymous with political control.
The region’s emerging democracies urgently need an Arab initiative that resembles the Marshall Plan – a program to attract large-scale investment in infrastructure, industry, and agriculture (and in the region’s
wealth
of untapped technical skills), thereby boosting employment.
Even after depreciation, that $130 billion of extra annual income is capitalized at about $1.5 trillion of wealth, so the current-account deficit, even at $1 trillion, is not overwhelmingly large.
We Americans can sell off two-thirds of the increment to our
wealth
to finance imports and still be $500 billion better off this year than we were last year.
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