The phrase "strong global economic growth" refers to a period of rapid expansion and development in the world economy. During this time, there is an increase in GDP (Gross Domestic Product), which means that countries are producing more goods and services, leading to higher levels of consumption, investment, and trade. This results in increased employment opportunities, higher wages, and improved living standards for people around the world. Additionally, strong global economic growth can lead to greater wealth creation, increased foreign exchange reserves, and a stronger ability to withstand external shocks such as financial crises or natural disasters. Overall, "strong global economic growth" is seen as a positive indicator of prosperity and well-being on both an individual and national level.