We have come to
the end of Economic Growth, Version 1.0, a world economy based on consumption and waste, where we lived beyond the means of our planet's ecosystems and resources.
Energy return on investment, peak oil, and
the end of economic growth in «Ecological Economics Reviews.»
Energy return on investment, peak oil, and
the end of economic growth David J. Murphy and Charles A. S. Hall
It's
the end of economic growth that will really get our attention.
We're at
the end of economic growth as we know it.
Not exact matches
Such risks, uncertainties and other factors include, without limitation: (1) the effect
of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels
of end market demand in construction and in both the commercial and defense segments
of the aerospace industry, levels
of air travel, financial condition
of commercial airlines, the impact
of weather conditions and natural disasters and the financial condition
of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization
of the anticipated benefits
of advanced technologies and new products and services; (3) the scope, nature, impact or timing
of acquisition and divestiture or restructuring activity, including the pending acquisition
of Rockwell Collins, including among other things integration
of acquired businesses into United Technologies» existing businesses and realization
of synergies and opportunities for
growth and innovation; (4) future timing and levels
of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability
of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope
of future repurchases
of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level
of other investing activities and uses
of cash, including in connection with the proposed acquisition
of Rockwell; (7) delays and disruption in delivery
of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits
of organizational changes; (11) the anticipated benefits
of diversification and balance
of operations across product lines, regions and industries; (12) the outcome
of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact
of the negotiation
of collective bargaining agreements and labor disputes; (15) the effect
of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect
of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect
of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act
of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability
of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition
of conditions that could adversely affect the combined company or the expected benefits
of the merger) and to satisfy the other conditions to the closing
of the pending acquisition on a timely basis or at all; (18) the occurrence
of events that may give rise to a right
of one or both
of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee
of $ 695 million to United Technologies or $ 50 million
of expense reimbursement; (19) negative effects
of the announcement or the completion
of the merger on the market price
of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation
of their businesses while the merger agreement is in effect; (21) risks relating to the value
of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability
of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
They were headed for $ 1.40 per litre back in 2012 when the author
of The
End of Growth published his warning that the high price
of oil would soon halt the
economic expansion we had taken for granted for decades.
The
End of Growth, his new book, continues his argument that oil is the single most important factor guiding global
economic progress, or lack thereof.
That's why a brightening
economic picture in 2013 (U.S. GDP grew by an average
of 3.4 % in the second half
of 2013 and job
growth was the highest since the
end of the recession) helped improve TravelCenters» performance and stock last year.
Debt has grown 30 % since the
end of 2010 alone, after a huge government stimulus package had already boosted the figure, as officials struggled to meet
economic growth targets in 2014 and 2015.
«But let's face it, at the
end of the day, with weak
economic growth they all want their currencies to weaken and not all
of them can do that.»
Although the National Bureau
of Economic Research officially called an end to the Great Recession in mid-2009, the years that followed were characterized by slow and uneven growth, with some analysts using the term «jobless recovery» to describe economic con
Economic Research officially called an
end to the Great Recession in mid-2009, the years that followed were characterized by slow and uneven
growth, with some analysts using the term «jobless recovery» to describe
economic con
economic conditions.
Commentary: «Boston Scientific's earnings performance remains strong, despite very challenging global
economic and
end - market conditions that adversely impacted revenue... Achieved double digit sales
growth in the three largest emerging markets
of Brazil, India and China.»
Part
of this
growth is temporary, related to the measures in the
Economic Action Plan, with the result that the employment levels should decline once the stimulus measures terminate at the
end of 2011 - 12.
Economists are expecting US
economic growth to drop sharply in the just -
ended 4 th quarter, rebounding through the first half
of the year until it begins to expand in the 3 rd quarter
of this year.
It's important to understand that the USCI isn't a random concoction
of data, but rather the gold standard for measuring current
economic growth, as it summarizes the key coincident
economic indicators used to determine the official start and
end dates
of U.S. recessions; namely, the broad measures
of output, employment, income and sales.
Since the
end of the 2007 - 2008 financial crisis, lackluster
economic growth and deflationary pressures have forced many central banks to confront the limitations
of conventional monetary policy.
Forward - looking statements may include, among others, statements concerning our projected adjusted income (loss) from operations outlook for 2018, on both a consolidated and segment basis; projected total revenue
growth and global medical customer
growth, each over year
end 2017; projected
growth beyond 2018; projected medical care and operating expense ratios and medical cost trends; our projected consolidated adjusted tax rate; future financial or operating performance, including our ability to deliver personalized and innovative solutions for our customers and clients; future
growth, business strategy, strategic or operational initiatives;
economic, regulatory or competitive environments, particularly with respect to the pace and extent
of change in these areas; financing or capital deployment plans and amounts available for future deployment; our prospects for
growth in the coming years; the proposed merger (the «Merger») with Express Scripts Holding Company («Express Scripts») and other statements regarding Cigna's future beliefs, expectations, plans, intentions, financial condition or performance.
The Aussie will decline to 72 US cents by year -
end as restrained
economic growth and inflation mean the Reserve Bank
of Australia will take a «few years» to catch up with the Federal Reserve in raising borrowing costs, said Philip Moffitt, Asia - Pacific head
of fixed income in Sydney at the firm, which oversees more than $ US1 trillion.
Those interest rates had been 0 % from 2006 through the
end of 2015 as the Fed tried to stimulate
economic growth by making it easier to receive a loan.
Preliminary national accounts estimates for 2012 will be released at the
end of February and will likely show lower - than - expected
economic growth for 2012.
The 5 - year limitation on the student loan interest deduction was temporarily repealed by the
Economic Growth and Tax Relief Reconciliation Act
of 2001 (EGTRRA, P.L. 107 - 16) through the
end of 2012.
N.B.: Once the impact
of the sequester wears off, which we think will occur at the
end of this year, both
economic growth and jobs
growth will accelerate.
I hoped that this wouldn't happen, because the longer reported GDP
growth remained high, the worse for China's economy over the medium to long term, but in the
end the pace
of adjustment was always going to be driven by political variables, not
economic variables, and this made it very hard to project with much confidence.
Since the
end of quantitative easing in the U.S. in October 2014, lackluster global
economic growth and a marked divergence among central bank policies has led to a difference in the real and forecast interest rates in one country versus another.
I was just wondering what your thoughts are on Jeff Rubin's take on all things «Oily» and «
Economic», specifically re his books «Why Your World is About to get a Whole Lot Smaller» (2009) and «The
End of Growth» (2012)?
Combining fiscal prudence with investments in
economic growth, we will
end the Harper legacy
of chronic deficits and reduce Canada's federal debt - to - GDP ratio each year.
Economic growth in Canada is expected to average 2.1 per cent in 2015 and 2.4 per cent in 2016, with a return to full capacity around the
end of 2016.
Below, you can see how dramatically all debt in the U.S., both public and private, has been allowed to soar past
economic growth since the
end of the gold standard.
It's worth noting we are getting into the later stages
of this particular
economic cycle in the United States, but we don't necessarily see any
end to the
growth in the near term.
For the rest
of 2018, we expect continued global
economic growth and corporate earnings, and the
end of secular stagnation.
With
economic growth returning to the developed world, the
end of years
of quantitative easing and easy monetary policy is in view; inflation concerns are reviving, guaranteeing rising interest rates along with tightening liquidity.
«Government spending on infrastructure and a moderate increase in business investment, which began to recover in 2017, are forecast to support
economic growth next year,» RBC noted in its
end -
of - year forecast.
With a couple notable exceptions, the consensus on the street appears to be that the single currency will rise to 1.25 or 1.30 against the greenback by the
end of the year, supported by accelerating
economic growth in the Eurozone and an
end to the European Central Bank's (ECB) quantitative easing program.
By the
end of this decade, many forecasters believe we will see greater
economic growth coming from a combined India, China, Brazil and Russia, than from the established economies
of the US, Canada and Europe.
The trigger should also be large enough to ultimately cover any revenue that does not
end up materializing as a result
of economic growth or other factors.
This path is predicated on the assumption that even as the labor market reaches full employment, the pace
of economic growth will remain moderate, and inflation will not reach the Fed's 2 % target before
end - 2017.
I mentioned above that the IMF released its World
Economic Outlook and has downgraded
growth expectations based on Japan, the Euro Zone, and most Emerging Markets slowing while the pace
of growth in the United States is generally positive, but questionable as Quantitative Easing is set to
end.
Additionally, they claim the Federal Reserve's new restrictive monetary policy will continue to impede
economic growth well into the
end of this decade.
If
ending Federal stimulus moderates the pace
of economic growth, inflation fears will ease and long - term interest rates will edge back down, Hunt says.
Overall, the compensation picture remained at the better
end of experience in this recovery, but historically weak for periods
of economic growth and recovery.
In their February 2015 paper entitled «The
End - of - the - year Effect: Global Economic Growth and Expected Returns Around the World», Stig Møller and Jesper Rangvid examine relationships between level of global economic growth and future asset class returns, focusing on growth at the end of the ye
End -
of - the - year Effect: Global
Economic Growth and Expected Returns Around the World», Stig Møller and Jesper Rangvid examine relationships between level of global economic growth and future asset class returns, focusing on growth at the end of t
Economic Growth and Expected Returns Around the World», Stig Møller and Jesper Rangvid examine relationships between level of global economic growth and future asset class returns, focusing on growth at the end of the
Growth and Expected Returns Around the World», Stig Møller and Jesper Rangvid examine relationships between level
of global
economic growth and future asset class returns, focusing on growth at the end of t
economic growth and future asset class returns, focusing on growth at the end of the
growth and future asset class returns, focusing on
growth at the end of the
growth at the
end of the ye
end of the year.
And if the final data does
end up showing a drop in global carbon emissions, it will be the first time Co2 levels have dropped during a period
of strong
economic growth.
Consider a partial list
of developments since just World War II: a broad national decline in denominational loyalty, changes in ethnic identity as hyphenated Americans enter the third and subsequent generations after immigration, the great explosion in the number
of competing secular colleges and universities, the professionalization
of academic disciplines with concomitant professional formation
of faculty members during graduate education, the dramatic rise in the percentage
of the population who seek higher education, the sharp trend toward seeing education largely in vocational and
economic terms, the rise in government regulation and financing, the great increase in the complexity and cost
of higher education, the development
of a more litigious society, the legal
end of in loco parentis, an exponential and accelerating
growth in human knowledge, and so on.
There he says, one, that the shift from the concept
of «the State's role as providers
of equal opportunities to every citizen» to that
of providing education, health and other social services «to those who can afford to pay» is a U-turn in public policy which «has been made surreptitiously by administrative action without public discussion and legislative sanction»; two, that the total commercialization
of social sectors is «alien even to free market societies»; and three, that «the ready acceptance
of self - financing concept in social sectors alien even to free - market societies is the
end result
of gradual disenchantment with the Kerala Model
of Development», which has been emphasizing the social dimension rather than the
economic, but that it is quite false to present the situation as calling for a choice between social development and
economic growth.
They succeeded in
ending Catholic domination in much
of northern Europe and provided the foundation for a remarkable
growth of free thought, free
economic activity, political democracy, and modernization.
The Indian economist Amartya Sen notes, moreover, that the
growth in per capita income has been about one - third greater in countries at the bottom
of the
economic heap than those at the high
end, and that the figures would be even higher if sub-Saharan Africa were excluded.
A third reason for questioning
economic growth is that as a means to an
end, green republicans focus on the threshold beyond which the pursuit
of economic growth does not add to human flourishing, or a healthy democratic polity, and associated forms
of active citizenship and the civic fabric
of a free society.
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.
• We promised to restore Teacher training allowances and we have delivered • We promised to
end dumsor and we have delivered • We promised to reduced fertilizer prices by 50 % and we have delivered • We promised to establish a Ministry
of Zongo and Inner City Affairs and we have delivered • We promised to increase and pay peacekeeping allowances increased from $ 31 to $ 35 and we have delivered • We promised to increase the share
of the DACF to persons with disabilities from 2 % to 3 % and we have delivered • We promised a stimulus package to support local industry and we have delivered • We promised to implement a National Entrepreneurship and Innovation Plan and we have delivered • We promised a more efficient port system and we have delivered • We promised to reduce the rapid rate
of borrowing and accumulation
of the public debt and we have delivered • We promised to restore
economic growth and we have delivered • We promised to reduce inflation and we have delivered.