Sentences with phrase «world economic growth last»

Not exact matches

In an interview last month from the World Economic Forum in Davos, Switzerland, Schwarzman said Trump's policies, including the new tax law, will provide a big boost to U.S. economicEconomic Forum in Davos, Switzerland, Schwarzman said Trump's policies, including the new tax law, will provide a big boost to U.S. economiceconomic growth.

Because consumers are such a crucial driver of GDP, governments the world over have spent the last several years trying to coax consumers to open their wallets to fuel economic growth.

Whatever the arguments about fiscal policy's effectiveness in countering deep and lasting recessions, of a kind the world faced in 2008, it was never envisaged that it should be wheeled out the minute economic growth fell below two per cent.

While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next deWorld Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next deworld view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next deworld where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.

And the reason is that people have in the recent past, in the last 20 or 30 years, focused on investing in manufacturing and infrastructure, et cetera, et cetera, because there was economic growth happening around the world.

The last two decades have seen subpar economic growth, at least as compared to the strong growth in the decades after World War II.

In fact I was just talking to an economist this morning; you extrapolate the gross world product, the world economic activity and it has been just phenomenally consistent at about 3 percent growth rate over the last 30 years.

The entire system characterized by the illusion of an unlimited growth and consumption is not sustainable in a finite world and the economic and social crises we are seeing in the last years are, undoubtedly, worrying signs of crumbling perspectives.

Returning to Australia... The Australian banks are an excellent group of companies that: (i) are domiciled in a country with very high GDP per capita with excellent / extremely consistent economic performance (high GDP growth / last recession in 1991); (ii) have mid-teens ROE, near the top globally among developed economies; (iii) retain some of the highest capital ratios in the world (~ 15 % CET1 ratios, vs. Canadian banks at ~ 11 %); and finally (iv) have very high and reliable dividend yields (between 7 - 9 %, generally).

When the Heartland Institute held its gathering in New York City last year celebrating climate skepticism, Exxon Mobil made a point of saying it had stopped contributing money to that group, explaining that it did not want to support groups «whose position on climate change could divert attention from the important discussion about how the world will secure the energy required for economic growth in an environmentally responsible manner.»

Last week the Oxford Union, one of the world's premier debate societies, chose economic growth over climate change by a vote of 133 - 110.

Both approaches have become non-starters in developed economies politically, as emerging economies around the world over the last several decades have experienced explosive economic growth while OECD economies have struggled.

I swear, Adam Smith himself would have a hard time doing as good a job as MacEwen in knitting together last week's world economic forum in Davos with your firm's strategic growth plan.