Definition of «global growth»

Global growth refers to an increase in economic activity and development on a global scale. It is often used as a measure of how well countries are doing economically, and can be seen through increases in GDP (Gross Domestic Product), trade, investment, and employment opportunities. Global growth can also refer to the expansion of businesses and industries across borders, leading to increased international cooperation and exchange. Overall, global growth is a positive indicator of progress and development for countries around the world.

Sentences with «global growth»

  • The rapid pace of global growth in recent years has seen a pick - up in some key prices. (rba.gov.au)
  • The central economic outlook described above is based on an assumed pick - up in global growth in the second half of 2003, along the lines that is widely incorporated in conventional forecasts. (rba.gov.au)
  • Despite concerns about higher tariff proposals, we think negotiations should limit their effects, and our fundamental outlook for global growth remains positive. (edwardjones.com)
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