Sentences with phrase «current gdp growth»

Decarbonization has a real cost to current GDP growth — as much as 2 % on a net basis according to Stern.

The 100 richest people in China were worth $ 450 billion, Forbes said, up nearly 20 percent in a year — far faster than current GDP growth of 6.9 percent and despite a rout on Chinese stock markets.

«The current GDP growth pattern is not sustainable,» said the letter.

Not exact matches

If China's GDP growth slowed to 5 % in 2012 from its 9.5 % clip in 2011, economists Craig Alexander and Pascal Gauthier wrote, oil would fall to US$ 65 a barrel, non-energy commodity receipts would plunge 31.5 %, Canada's current account deficit would double, and the loonie would fall to 83 cents US.

The world's «easy oil» has been depleted, Grantham argues, and current high inventory levels will be used up sooner than the market expects — assuming reasonable global GDP growth.

The largest overestimate of real GDP growth occurred for Q3: 2007, where the January 2008 estimate was 219 basis points above the current estimate.

In other words, would pushing the short - term interest rate down to 0 percent, from the current rate of 0.16 percent, propel the GDP growth and inflation to such permanently higher levels?

«It is weathering the current global slump remarkably well: with GDP growth expected to be around 3 % this year and 4 % in 2010,» noted ING Investment Management in a summer report.

GDP was so strong to start the year that the Bank of Canada likely will have to raise its growth estimates for the first quarter from the current 1 % to as much as 3 %.

Based on the type of relations I presented last night, this forecast clearly presumes above trend GDP growth, which in turn assumes current headwinds are largely temporary.

Here's a point I made in that post, regarding GDP growth: «the current economy is like a slow runner who still hasn't caught up to a goal line that's moving closer as she runs towards it.»

At longer horizons, the 6.3 % growth rate that we've assumed for nominal GDP over the coming years will begin to bail investors out given enough time, and as a result, our projection for 10 - year S&P 500 nominal total returns peeks its head up above zero, at about 2.4 % annually from current levels.

Here's a point I made in that post, regarding GDP growth: «the current economy is like a slow runner... Read more

Meantime, the current estimates for first - quarter GDP growth in the US point to a continuation of the moderate expansion that prevailed in the final three months of 2017.

The House budget assumes savings and increases in economic growth that would reduce debt from its current level of 77 percent of GDP to 63 percent by 2027; ignoring economic effects, debt would fall more gradually to 73 percent in 2027 *.

And third, assume that China continues to have as much debt capacity as needed in the current period to fund the amount of activity required to meet the GDP growth target.

If we assume that disposable household income is currently half of GDP, eight years of real GDP growth of 6.9 % and real disposable household income growth of 7.7 % will only raise the household income share of GDP to 53.1 % in 2023, a little more than 3 percentage points higher and still below its 21st Century average and leaving China as dependent as ever on investment and the current account surplus.

Now, my understanding of your position is that you made that original prediction based on the belief that the PRC would be instituting reforms to deleverage aggressively and transfer wealth to the consumer (such that the incorrect prediction was more that you were overly optimistic about the PRC's willingness to head off these systematic risks) and that your current prognosis of ~ 3 % GDP growth has an entirely separate causative element; that is to say, your previous prediction was based on the idea the PRC would be enacting reforms to ward off systematic risks, whereas your current estimation of GDP growth is instead based on the drag produced by these very systematic risks the PRC has failed to deal with.

Cele adds that, although China, the largest steel producer and iron - ore consumer, has experienced hiccups, Chinese steel consumption is still expected to grow in the current decade given the rate and levels of urbanisation and GDP per capita growth.

Oil exporters are likely to be hit the hardest, with the IMF pointing out that, relative to the 2004 - 2008 period, GDP growth in the average oil - exporting country will fall by approximately 6.5 percentage points in 2009, and the decline in their current account and fiscal deficits is expected to be in the double digits.

To prefer 5 % to the current 4 % nominal GDP growth going forward, and a fortiori to ask for a burst of money creation to get us back to the previous 5 % bubble path, is to ask for chronically higher monetary expansion and inflation that will do more harm than good.

Usually, GDP is measured on an annual basis, which means that the current GDP rate reflects the comparison between current growth and that which was seen during the previous year.

In his article «The Age of Secular Stagnation,» Larry Summers argued that excess of saving over investment is acting as a drag on demand to weigh on growth and inflation, and current monetary stimulus should be expanded to accelerate investments and pull demand forward, such as raising the inflation target or to conduct nominal GDP targeting.

A return to fiscal discipline would take real spending from its current +2.8 % growth rate down to the +2.0 % range and shave 0.6 % to GDP growth.

However, negative GDP growth will not surface in regular government reporting until at least next year, now that it is clear that Katrina's impact has been neutralized in official reporting, and that political manipulation of the GDP, employment and CPI is rampant.Risks of the current circumstance evolving eventually into a hyperinflationary depression remain extraordinarily high.»

The current cycle has consistently shown us the slowest quarterly GDP growth on record for a continuous economic expansion cycle.

However, during September some global institutions voiced concerns about the speed at which China has accumulated debt — which has risen from 147 % of GDP in 2008 to 255 % in March of this year according to the Bank for International Settlements — could hamper the country's ability to maintain its current level of growth.

The current, full - year forecast, released Nov. 13, 2017, from the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters, is for real GDP growth of 2.2 % in 2017.

The Trump administration has said that tax cuts will pay for itself with sustained growth, as they see GDP near 3 %, up from the current estimate of 2 % from the Congressional Budget Office (CBO).

The current market view is one of apprehension, given the country's continued de-capacity and deleveraging efforts, and the new emphasis on achieving high - quality growth rather than hitting GDP targets.

The data is unambiguous on current economic conditions - GDP growth in the last quarter of 2015 was a meager 2.11 % with full year growth of 2.79 % according to the National Bureau of Statistics (NBS); inflation rose sharply to 11.4 % in February with prospects of reaching 12 % by March; capital markets have remained bearish; according to UNCTAD Nigeria's FDI fell by 27.7 % to $ 3.4 billion in 2015, and on current trends may fall even more precipitously in 2016; the de facto exchange rate of the Naira for most producers and consumers is now N322 / $ even though CBN maintains a nominal N197 / $ for privileged persons; several economic sectors - construction, government, manufacturing, oil and gas and hotels and restaurants are in recession or barely out of it; government's official foreign reserves is down to $ 27.8 bn; and unemployment and under - employment rates have worsened 10.4 % and 18.7 % by the end of 2015.

«The question that we should ask is how can you inherit a budget deficit of 9.3 % of GDP, proceed to reduce taxes, bring down inflation, bring down interest rates, increase economic growth (from 3.6 % to 7.9 %), increase your international reserves, maintain relative exchange rate stability, reduce the debt to GDP ratio and the rate of debt accumulation, pay almost half of arrears inherited, stay current on obligations to statutory funds, restore teacher and nursing training allowances, double the capitation grant, implement free senior high school education and yet still be able to reduce the fiscal deficit from 9.3 % to an estimated 5.6 % of GDP?

These estimates project the historical pattern of growth to determine the result of gains in student achievement, calculate the additions to GDP over the next 80 years, and discount them back to today so that they are comparable to other current investments.

The aggregate present value of gains from added growth would amount to some $ 78 trillion, or over four times our current GDP.

Part of it, in my expectation, will come from real GDP growth that will be about a half percentage point faster than the 2.5 % expected growth in «potential GDP,» as I expect the current «output gap» to gradually close over the coming decade.

«The Bank's economists estimate that the fire - related damage and shutdown of oil production will reduce the current quarter's inflation - adjusted GDP growth by 1-1/4 percentage points, likely taking growth down to negative territory.

2017 GDP growth's expected to surpass the current 6.2 % rate, retail sales are humming along at +10.2 % yoy, inflation remains sub-5 %, the USD / VND remains stable, the banks & the property market appear to be heading in the right direction again, and 10 - 15 % EPS growth is expected... yet Vietnam continues to trade at a 20 - 30 % P / E discount to regional averages.

The world's «easy oil» has been depleted, Grantham argues, and current high inventory levels will be used up sooner than the market expects — assuming reasonable global GDP growth.

Profits should come in on the high end of that range if the economy produces closer to three percent GDP growth in 2015 and 2016; this is the current economic consensus rather than the two percent annual GDP growth the economy has seen throughout the recovery from the financial crisis.

ECONOMIC OVERVIEW Currency: Australian Dollar ($ A) Market Exchange Rate (5/24/02): US $ 1 = $ A1.79 Nominal Gross Domestic (GDP, 2001E): U.S. $ 365.8 billion Real GDP Growth Rate (2001E): 4.1 % (2002F): 3.8 % Inflation Rate (2001E): 4.3 % (2002F): 3.0 % Unemployment Rate (2001E): 6.9 % (2002F): 7.0 % Current Account Balance (2001E): - $ 15.3 billion (2002F): - $ 16.9 billion Major Trading Partners: Japan, other Far East, European Union, United States Major Export Products: crude materials, food and live animals, mineral fuels and lubricants Major Import Products: machinery and transport equipment, manufactured goods, chemicals

ECONOMIC OVERVIEW Minister of the Economy: Roberto Lavagna Currency: Peso Financial Exchange Rate: US$ 1 = 3.6 Argentine Pesos (10/29/02) Nominal Gross Domestic Product (2001E): $ 267.6 billion (2002E): $ 111.3 billion Real GDP Growth Rate: (2001E): -4.5 % (2002E): -13.7 % Inflation Rate: (2001E): -1.1 % (2002E): 30.7 % Unemployment Rate: (2002E): 22 % Current Account Balance as a % of GDP: (2001E): -1.7 % (2002E): 7.3 % Major Trading Partners: Brazil, United States, Japan, Uruguay, Chile, Germany, France Major Export Products (2000): Agricultural products (including manufacturing of agricultural products)(55 %), industrial products (30 %), energy (15 %) Major Import Products (2000): Consumer goods (23 %), industrial inputs (including raw materials)(34 %), capital goods (43 %)

What is so strange for $ 20 trillion in 87 years????? Estimating current global GDP conservatively at 70 trillion, and assuming no growth (which is impossible), 20 trillion amount to * less than * 3.3 ‰ of the cumulative world GDP for 87 years!

It amounts to about 1.1 % of its current aggregate GDP (~ 16.5 trillion euro — not dollars), which will diminish as a percentage considering the growth in 87 years.

GDP growth should provide an early boost to light assembly and warehouse properties if exports pick up and retailers have to restock current low inventories.

Cushman & Wakefield's research note provides some context to the consumer spending under - performance: «If consumer spending growth in the current cycle matched the average of the preceding four expansions, U.S. GDP growth during the expansion would have averaged a very respectable 3 percent per year instead of the anemic 2.1 percent per - year growth the economy has actually recorded.»

Despite weakened GDP growth early in the current fiscal year, India's economy is projected to expand at an annual rate of 7 percent or more over the next three fiscal years, according to the World Bank.