Sentences with phrase «economic miracle»

The phrase "economic miracle" refers to a significant and rapid improvement in a country's economy. It represents a period of exceptional growth and development that leads to substantial progress in job creation, infrastructure, industry, and overall wealth within a relatively short time. Full definition
So they did a debt cancellation that was the German economic miracle.
In fact, one reason for the so - called Asian economic miracle of the 1980s was the fact that fertility across Southeast Asia declined so rapidly.
«Amazing China» presents Huajian as an inspiring example of China exporting the success of its own economic miracle by creating transformative jobs for thousands of poor Ethiopians and sharing China's knowledge, language and can - do discipline to build a new industrial foundation for Ethiopia's economy.
I started reporting on China's economic miracle in 2003 as a Wall Street Journal correspondent.
Meanwhile, countries like Japan became economic miracles despite only modest growth in human capital.
Speaking to Class News» Parker Wilson at the ceremony, Director of Communications for the CPP Kadir Abdul Rauf Issifu said they chose the theme because under Nkrumah, Ghana was able to experience economic miracles, adding that since the overthrow of the CPP, the country has struggled to find its feet.
In plain terms, should China's economic miracle turn out to be a mirage, all of that would be at risk.
Put all of that together and the result is obvious — without China building all that stuff, it wouldn't have experienced such a prolonged economic miracle, and hundreds of millions of people would certainly still be in total poverty.
Surging property prices and credit growth has created a convincing façade that most people see as a «Nordic Economic Miracle,» instead of the classic bubble economies that they have truly become.
Almost every year, Buffett talks up this U.S. economic miracle, and he regularly repeats his line that «Babies born in America today are the luckiest crop in history.»
Koreans truly worried that their three - decade economic miracle had come to a sudden, devastating end.
«But Brownback's promised economic miracle never came to pass.
If by next autumn, the recovery is well under way, people will look back on today's balancing act as a political masterstroke, in much the same way as the widely derided Geoffrey Howe Budget of 1981 is now seen as laying the foundations of the Thatcher economic miracle.
Cities create a sort of «urban economic miracle,» says study co-author Luis Bettencourt, a research scientist in Los Alamos National Laboratory's Theoretical Division.
Baroque armchairs, gilt - framed mirrors, silk Chinese rugs, Chippendale candle sconces: this consumption is especially conspicuous for West Germany in the seventies, as the country's economy had declined throughout the sixties, after the postwar economic miracle of the fifties.
Even after Japan's economic miracle deflated in the late 1990s, the show sustained much of its allure.
With the developed markets likely mired in slow growth, and with China having reached its Lewis inflection point, cheap / booming exports can't necessarily be relied upon any longer to be the primary driver of the Chinese economic miracle.
Having moved to Düsseldorf from the German Democratic Republic in 1961, Richter, bombarded by the visual onslaught of the Western economic miracle, sought to critically examine the «truth claim» of photography by making paintings based on photographs that he sourced from newspapers, books, and family albums.
His work is widely seen as a critique of the mass production and consumerism that was changing Italian society (the Italian economic miracle) after World War II.
He all but extinguished the hopes of many upstaters for a home - grown economic miracle — like the one occurring next door in Pennsylvania, thanks to fracking — one that would help save family farms, let children and grandchildren live and prosper where they were raised and help ensure economic security for thousands.
The artworks were in opposition to the perception of Germany's economic miracle of the 1960s, and despite seeming to praise humanity, in the aftermath of World War II these bedraggled giants were unsettling and shocking.
I highly recommend reading Start - up Nation: The Story of Israel's Economic Miracle by Dan Senor and Saul Singer for an in - depth analysis on how Israel has gained this reputation.
In his early work, Polke focused on objects symbolic of the German economic miracle, which he depicted as they appeared in adverts rather than in the real world, presenting a critical analysis of American capitalism and its diffusion in Europe.
That country was Japan, and business leaders couldn't contain their enthusiasm for Tokyo's economic miracle.
It will not be easy, but China's future «economic miracle» will lie in its ability to boost productivity and its use of big data and Internet technology to stimulate domestic consumption and generate exponential development opportunities,» wrote Ma.
Put it all together and it's unsurprising that Israel has experienced an economic miracle over the past generation.
In their book Start - Up Nation: The Story of Israel's Economic Miracle, Dan Senor and Saul Singer explain how deeply ingrained the military is in the country's culture.
Barring an economic miracle, GDP growth will be modest, coming in at or below the rate predicted by the IMF.
Japan's «Bubble Economy» era occurred at the end of its three - decade old «Economic Miracle» that began after World War II and saw the country's fortunes blossom as it became the world's automobile and electronics manufacturing powerhouse.
Not only to the European banks, but we're talking about a domestic debt holiday very much like Germany's economic miracle, in 1948 the Allied monetary reform, where they canceled all the internal German debts except for the debts that employers used for wages.
To achieve such an economic miracle, Carney hinted in his speech in Edmonton that he was turning his attention to something he called «third - generation forward guidance,» in which a central bank would promise not to raise interest rates until unemployment fell below a certain threshold.
Law was lauded as an economic genius for creating an economic miracle within France in what came to be known as the Mississippi Bubble.
Even though our own DIE - HARD Islamic supporter CNN's Mr.FAREED ZAKARIA sings never ending praises of the Arab Spring, and the economic miracles of Turkey, Indonesia, Malaysia, NOT to talk of the rich MErn Sheikhdoms (while taunting the west for their failing economies!!!)
Whether the rhetoric is «building the revolution» or «creating an economic miracle,» the reality is the violation of personal, civil and political rights in the name of a worthy social purpose.
Not long after the war, West Germans — and others — began to speak of the Wirtschaftswunder, the economic miracle, that laid the foundations for Germany's unchallenged preeminence in the Eurozone today.
So they were expecting some kind of economic miracle, perestroika and all that.
Are we looking here at an economic miracle
Before the gold standard was terminated in 1971, the current account surpluses generated by Germany's «economic miracle» were partially balanced out in gold.
For financial services, IT and the oil industry, there was indeed an economic miracle; for mining, heavy industry and the low paid, there was not.
Their lives look a long way from being blessed by an economic miracle.
I can't see how the Torys can increase their share of the vote at the next general election without an economic miracle
But the children of the economic miracle must hold on to one vital tradition
With artist Otto Piene, Mack founded the Dusseldorf - based ZERO Group in 1957, responding to Germany's post-war rubble, economic miracle, and creative vacuum.
JIA ZHANG - KE IS the moving - picture poet of the Chinese «economic miracle» and of the alienation, surreal conjunctions, wrenching displacements, broken family ties, wild hopes, and unfulfilled expectations that have come in its wake.
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