The percentage of those living on less than $ 1.25 a day in developing countries fell from 43 % in 1990 to 17 % in 2011, driven
largely by economic growth in China and India.
Not exact matches
Corporate Canada has failed to follow
economic growth in the country,
largely restricting itself to the coast and traditional urban centres and ignoring the huge opportunities afforded
by rapidly - developing inland provinces.
Finally, Federal revenues are
largely determined
by the
growth in nominal income — that is real
economic growth plus inflation.
The GOP's plan will increase the deficit
by an estimated $ 1.5 trillion, or $ 1 trillion after taking into account
economic growth, and
largely stick middle - class Americans with the bill.
The second quarter was dominated
by volatility brought on
by macro fears
largely surrounding Europe and the eurozone
economic situation, but slower
growth in the U.S. and the emerging markets also weighed in on people's fears.
While equity market movements are driven
largely by the strength of
economic growth, fixed income markets hinge on changes in interest rates and inflation.
It is certainly true that
economic growth and job creation have been sluggish for some time,
largely due to slow global
economic growth and continued restraint
by all levels of government.
Initially, the bank's program for alleviating global poverty was dominated
by a strategy of
economic growth, measured primarily in terms of GDP and channeled
largely through big projects aimed at infrastructure development that benefited the rich more than the poor.
The sector is
largely driven
by business tourism including conferences and
economic growth and presence of multi-national firms such as Nestle, FAO and WHO.
(New York, USA) A section devoted to large - scale color photographs depicts the
largely untouched rainforests that are now endangered
by Brazil's explosive
economic growth.
But worldwide emissions have continued to swell, driven mainly
by blistering
economic growth and coal burning in Asia; debate over a new climate treaty has stalled; lawmakers of both parties have not embraced legislation aimed at cutting emissions; and polls show the public still
largely disengaged.
Yet while we have suffered an
economic crisis produced
by our own financial sector — losing millions of jobs, trillions in
economic output, and further damaging our industrial base — China has
largely shrugged off the global recession with high levels of
growth and self - financed stimulus, all while purchasing billions of Treasury bills to finance our own deficit.
Despite population
growth, there were 600 million fewer Chinese living in absolute poverty (based on consumption) in 2005 compared to 1981,
largely due to double - digit
economic growth year after year, unleashed
by the partial liberalization of its economy starting in 1979.
«Anthropogenic greenhouse gas emissions have increased since the pre-industrial era, driven
largely by economic and population
growth, and are now higher than ever,» the IPCC reported in 2014.
A comparable example is the difference between being able to predict the exact value of the GDP on a given day (something determined
largely by unpredictable day - to - day news) and projecting the average increase in the GDP over three decades (plausible estimates of which can be made using scenarios of long - term
economic growth and ongoing innovation).
And despite tough
economic times, according to data released
by SA Tourism in July last year (2017), the Western Cape attracted 1.5 million foreign tourists in 2016, who spent roughly R18 billion in the province, contributing
largely to
economic growth.