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Wealth in sentence

3143 examples of Wealth in a sentence

The bottom line: to find out how, when, and where assets will be allocated and wealth generated in dozens of countries across the developed and developing worlds these days, we must now look toward political, not financial, capitals.
China also faces increasing wealth disparity.
In 1988 and 1995, China’s Gini coefficient of household wealth was just 0.34 and 0.4, respectively.
By 2014, the poorest 25% of households owned less than 2% of the country’s total wealth, while the top 1% owned one third.
This analysis calls for the most radical action: to develop an economic and social system in which resources, particularly wealth and power, are more evenly distributed.
These economies’ growing wealth is attracting a rising number of OECD multinationals.
By 2020, the geography of innovation, in addition to that of the wealth of nations, will have undergone a massive rebalancing process.
That means paying for it on the public-sector side, via taxes and a reduction in household consumption (and in wealth accumulation).
Kleptocratic regimes often channel some of their countries’ wealth into Swiss bank accounts.
Hu pledged to replace Deng’s elitist ethos of “letting one part of the population get rich first”– a policy that has produced a staggering wealth gap – with a more egalitarian approach.
So, to the extent that the rich are self-made, and have come out winners in a fair, competitive, and transparent market, society may be better off allowing them to own and manage their wealth, while getting a reasonable share as taxes.
The more, however, that the rich are seen as idle or crooked – as having simply inherited or, worse, gained their wealth nefariously – the more the median voter should be willing to vote for tough regulations and punitive taxes on them.
In today’s Russia, for example, property rights do not enjoy widespread popular support, because so many of the country’s fabulously wealthy oligarchs are seen as having acquired their wealth through dubious means.
And, as the rich kowtow to the authorities to protect their wealth, a strong check on official arbitrariness disappears.
Such a system generally tends to permit the most efficient to acquire wealth.
Moreover, under conditions of fair competition, the process of creative destruction tends to pull down badly managed inherited wealth, replacing it with new and dynamic wealth.
The rich, confident of popular legitimacy, can then use the independence that accompanies wealth to limit arbitrary government and protect democracy.
As Russia suggests, without popular support, wealth is protected only by increasingly coercive measures.
On the other hand, successful professionals and entrepreneurs believe that they have come by their wealth legitimately.
But, Zuma argues, the outcomes fall short of the goal set in 1981 by the ANC’s then-president, Oliver Tambo, who sought to achieve economic emancipation, through “a return [sic] of the wealth of the country to the people as a whole.”
Emancipation, as Tambo called it, implies the “return of the wealth of the country” – ownership of capital – to its rightful owners, either directly, or through a state that represents them.
The attempt to “return the wealth to the people” ended up immiserating them.
It recently found a new source of wealth, natural gas, but may become yet another victim of the so-called “natural resource curse.”
He plans to cut the corporate-tax rate from 33% to 25% and exclude financial investment from wealth taxation.
On the other side was the Chinese solution, with increasingly costly reserve management giving way to activist sovereign wealth funds looking for strategic participation in investments abroad.
Meanwhile, the Chinese solution gave rise to nationalist fears that sovereign wealth funds might be abused to seize strategically vital businesses or whole sectors of an economy.
Those Fickle Sovereign Wealth FundsNEW YORK – Two years ago, sovereign wealth funds (SWFs) were the bogeymen of world finance.
SWFs like to portray themselves as independent institutions, yet it is clear that, once domestic economies falter, they cannot ignore the combined pressures of the media, public, and politicians at home, all of whom question the wisdom of investing domestic wealth abroad in times of crisis.
There is a net increase in psychic wealth.”
Galbraith described that increase in wealth as “the bezzle.”
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