In sophisticated economies, the impact of consumption may be less than in emerging economies that are largely import - export driven, but the consumption magnitude is even more pronounced due to
both a greater wealth effect and standard of living that enable individuals to spend more freely with disposable income.
Not exact matches
In addition, rising home and stock prices are creating a
wealth effect that gives consumers a
greater ability to pay down their debt, he said.
They argue it is a
greater good because of the
wealth effect that comes from that.
The multiplier
effect would be much
greater if a similar voucher was used to unlock housing
wealth, as the sums involved tend to be a lot higher: an average equity release is worth # 50,000 and when people downsize their home the sums are at least as much.
It's beautifully shot, well - acted and has a
wealth of
great effects (and a few cheesy ones, but in trying to do so many things, it never really focuses on any one of them.
The higher the compound annual rate of return, or the
greater the number of years to retirement, the more dramatic the
effect that an early start will have on the ending
wealth.
The longer you can stay invested, the
greater the compounding
effect, and the
greater your
wealth.
Tax - efficiency, for example, is critical (see The
Wealth Effect list to the right), because
great performance is useless if the taxman takes most of it away.
But I don't think this requires achieving the same level of
wealth, if the methods are chosen well; and also, pursuit of population stabilization may achieve
greater wealth as a byproduct and / or knock - on
effect, which is a good reason for pursuing it.
This paper finds that under a wide range of assumptions about future growth in
wealth and population, and about the
effects of human - caused climate change, in every case there is far
greater potential to affect future losses by focusing attention on the societal conditions that generate vulnerability to losses.
The necessary
effect will inevitably be those who have more
wealth to initiate claims, and are more empowered by residing in wealthier countries, will have
greater ability to utilize long arm statutes.