Not exact matches
Behind all this banter lies a big idea: That
by de-emphasizing
economic growth and considering other things that people value, societies could
make much better decisions about how to use their scarce resources.
The global consulting giant
makes its living telling other companies, governments and organizations how to be more innovative, and right now McKinsey is run
by a Canadian, Dominic Barton, who also heads Ottawa's Advisory Council on
Economic Growth.
No
economic model predicts that the
growth created
by these reforms will
make up for the hit to the deficit.
The environmental and labor side agreements negotiated
by our administration will
make this agreement a force for social progress as well as
economic growth.»
With long - term
growth and sustainability in mind, China is now
making a critical shift from an investment - driven model to an
economic structure boosted
by consumer spending.
For years I have
made the point that progress in winding back
economic slack is
made not
by high
growth in any individual year, but
by maintaining an expansion over a sustained period.
Two decades of «miracle» levels of investment - driven
growth, the role of the financial sector in that
growth, and the unrealistic expectations that Chinese businesses, banks, and government entities had consequently developed, reinforced
by sell - side cheerleaders,
made it obvious that the interlocking balance sheets that
make up the Chinese economy had added what was effectively a highly «speculative» structure onto the way
economic entities financed their operations.
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.
That framework's been in place since the early 1990s, we have hit the target over that 20 year period, the average inflation rate's pretty close to 2.5 per cent, so we regard that as successful
by the terms of the definition that we set ourselves and I think that's
made a big contribution to
economic stability more generally and I don't think it's an accident that that period of fairly low predictable inflation has coincided with pretty good sustained
growth in the economy.
If the authorities are willing to engage in loss -
making activities to achieve the GDP
growth target, there are two relevant characteristics of an economy like China's that change the nature of the GDP measure: first,
economic activity is much less affected
by hard - budget constraints than it is in most other economies; and second, bad debt is much less likely to be written down.
Tax cuts and
economic growth are spurring a spending spree
by U.S. companies on deal
making as well as share buybacks.
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.
By making goods in America and exporting them overseas, American businesses can drive job and
economic growth here at home.
But the pain from
economic reforms in Argentina and Brazil could
make voters reconsider, if it's not accompanied
by growth.
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Third, on - going (and possibly higher) structural deficits are acceptable provided they are the result of investments to strengthen
economic growth, financed
by long - term interest rates low enough to
make them affordable.
Banking has moved so far away from funding industrial
growth and
economic development that it now benefits primarily at the economy's expense in a predator - like extractive manner, not
by making productive loans.
A lower neutral rate also
makes it more likely that interest rates will be constrained
by the effective lower bound, meaning monetary policy will have less scope to support income
growth during periods of
economic weakness.
Nevertheless, I am convinced that rather than continue to assume that
growth, as measured
by Gross National Product is an appropriate goal of national and international policy, we must examine how it relates to
economic welfare, and that requires that we dare to
make judgments about what constitutes welfare.
As former Nixon economics adviser Herbert Stein observed, President Bush has
made economic growth the acid test
by which every other policy is to be judged, believing that such
growth will permit progress on other fronts, including raising the standard of living for the poor.
When maximum production and continually increasing
economic growth, measured
by income and expenditure figures, are taken as the measures of social well - being, then occupations and the educational preparation for them are dehumanized and
made narrowly vocational; and persons are degraded into interchangeable parts in a giant social machine designed for generating and gratifying acquisitive hungers.
In the particularly difficult question of global warming, thus far most economists have argued that it will be more efficient to respond to the problems caused
by global warming as they occur than to
make serious efforts to reduce it, since these efforts would slow
economic growth.
Such intense mass agitations in India have helped magnify the growing contradictions of
economic globalization: how
by fostering rapid
growth in some sectors of the economy it raises expectations everywhere, but
by distributing its benefits narrowly, it expands the population of the disenchanted and the frustrated, often
making them vulnerable to populist politicians.
Asia's recent
economic growth makes plausible the Economist's projection that «within a generation, perhaps half of today's poor nations could be rich
by current standards.»
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.
Social development has already
made a contribution to the
economic development of the state and he has a long quotation from his earlier writing to affirm that it is possible to develop a Kerala Model of Economic Growth on the foundation of its Model of Social Development by a new State strategy of «transforming its expenditure on education and health from merely a social welfare expenditure into an investment in human capital», and that in fact any other path of economic growth is full of risks for Kerala which has only «limited raw material and fuel resources
economic development of the state and he has a long quotation from his earlier writing to affirm that it is possible to develop a Kerala Model of
Economic Growth on the foundation of its Model of Social Development by a new State strategy of «transforming its expenditure on education and health from merely a social welfare expenditure into an investment in human capital», and that in fact any other path of economic growth is full of risks for Kerala which has only «limited raw material and fuel resources
Economic Growth on the foundation of its Model of Social Development by a new State strategy of «transforming its expenditure on education and health from merely a social welfare expenditure into an investment in human capital», and that in fact any other path of economic growth is full of risks for Kerala which has only «limited raw material and fuel resources&r
Growth on the foundation of its Model of Social Development
by a new State strategy of «transforming its expenditure on education and health from merely a social welfare expenditure into an investment in human capital», and that in fact any other path of
economic growth is full of risks for Kerala which has only «limited raw material and fuel resources
economic growth is full of risks for Kerala which has only «limited raw material and fuel resources&r
growth is full of risks for Kerala which has only «limited raw material and fuel resources».
The gains
made by this trade allow sustained
economic growth in the country.
In the wake of the Scottish referendum, as all parties face up to the reality that the devolutionary genie is well and truly out of the bottle, and with a powerful
economic case being
made by the City
Growth Commission and others, the «DevoManc» deal is an idea whose time has come.
The Business Council represents a wide range of enterprises across the state, all of whom are burdened
by regulations and we look forward to working with the Governor and the Legislature in establishing in a joint commission to identify ways to eliminate regulatory barriers that
make it difficult to do business in New York State and hinder
economic growth.
Alistair Darling's Budget may have given «insufficient weight» to the risks of continued financial market turbulence in
making forecasts for
economic growth, a report
by the House of Commons Treasury committee has claimed.
Assemblyman Bill Magee, Chair of the Assembly Agriculture Committee, said, «The agricultural sector is a vital contributor to
economic growth across the state and
by welcoming new opportunities and markets, we help
make this key industry even stronger.
The President noted that, gains
made in the economy over the past year included reduced inflation, increased
economic growth, rising GDP
by up to 7.9 percent, and an increase in Ghana's international reserves.
Official government figures show migration increasing the UK's output
by # 4 billion and
making up ten to 15 per cent of Britain's
economic growth.
Take Ivory Coast.I find it difficult understanding why an academician or to be more specific, an accomplished economist of Dr Bawumia's calibre.Let me quote here a statement
made by Madam Christie Lagarde the IMF director «Mediocre
economic growth could become the new reality leaving millions stuck without jobs and increasing the risk to global financial stability» she said this after she has explicitly stated the global
economic challenges and how certain structural reforms in Ghana including infrastructure investment as well as trade reforms were going to impact positively on Ghana's economy.
In an election year defined
by angry populism, Clinton
made an optimistic
economic pitch in Detroit on Friday, presenting a wide - ranging plan for job
growth that would provide incentives for corporations that invest in employees and strip tax benefits from companies that move jobs overseas.
A statement from the office of the chairman
made available to the Nigeria Politics Online
by Omede Odekina, stated that Elumelu will travel to Uganda (April 10) and Kenya (April 12) to meet with the Executive Presidents of both nations, Uhuru Kenyatta and Yoweri K. Museveni to discuss issues around the
growth and development of the their economies, enabling entrepreneurship, infrastructure financing, regional
economic growth and how the private sector in Africa can work in shared purpose alongside African governments to create prosperity for all Africans.
When it got to the turn of the Council of Elders, the regional chair spoke, Hon Hackman spoke, I spoke and I spoke on the economy, but you don't talk about the economy
by starting with the resource location;... I started
by talking about how poorly this economy has been managed that we have gone from GHS9.4 bn debt to GHS110bn debt at the time, and how
growth, without oil, was 1.9 bn and had dwindled to about 4 % etc.,... And I said something which I've said in this room: that Ghana is not poor and that the resource base of this country is found in five regions and I mentioned the regions specifically because I was
making a strong
economic argument.
«I am excited and energized
by the opportunity to serve as Chairman of the Saratoga County Prosperity Partnership, which is
making great strides in implementing a long - term, sustainable strategy to drive
economic growth,» said Hedley.
But Darling's confidence is supported
by a prediction from the National Institute for
Economic and Social Research earlier this week, which said it expected we would
make a tentative return to
growth in the three months leading to November.
While an increase in population from 6.8 billion today to closer to 10 billion
by mid-century will
make sustainable living on the planet a challenge, especially since the bulk of that
growth will be among those living in poverty who have a moral claim to
economic development, the real problem may not be human numbers so much as human behavior.
Democrats
make it clear they still don't like the provision that NSF needs to explain how each grant «is worthy of federal funding»
by demonstrating its contribution to
economic growth or national defense.
The Lisbon Agenda sought to
make Europe the most competitive and dynamic knowledge - based economy in the world capable of sustainable
economic growth with more and better jobs and greater social cohesion
by 2010.
Chinese policy, supported
by this engagement,
made science, engineering and technology the engine for historic
economic growth and development.
The end of the bipolar world with the collapse of the Soviet Union in 1989
made to materialize the hegemonic situation exerted
by the United States in the world that is threatened today
by its
economic weakness and the
economic and military rise of China that has highlighted in the geopolitical world
by great political influence, military and
economic in the Asian and international scene thanks to the great extension of its territory (ranked third in territorial dimension on the planet), high number of inhabitants (about 1.3 billion, most populous in the world) and the dynamism of its economy (the economy is currently showing the highest
growth rates on the planet).
As interest in China's
economic potential grows in the United States, educators should take note of the significant educational
growth made in recent years in the world's most populous nation, according to a report
by the Asia Society.
The analysis, conducted
by the United Nations Educational, Scientific, and Cultural Organization and the Organization for
Economic Cooperation and Development, found that the investments 16 of those countries
made in education may have directly contributed to
growth in their respective economies.
The WV Council on STEM
makes three strong recommendations: 1) Develop local capacity for STEM education across the state
by establishing 3 - 5 Regional STEM Network HUBS; 2) Strengthen the public's awareness of STEM as a vital
economic development advantage for quality job
growth through an aggressive public engagement plan; and 3) Establish a virtual STEM clearinghouse to review current STEM resources and assets across the state to ensure alignment and eliminate redundancy.
By making it so hard for small businesspeople to enter their respective industries, the CAB and ICC were hurting the consumer and inhibiting innovation, thereby retarding long - term
economic growth and keeping prices unnaturally high.
They develop and apply quantitative political economy approaches
by integrating quantitative models of political decision -
making into existing
economic modeling tools, allowing a more comprehensive
growth - poverty analysis.
Seems to me that
economic growth means that which is created and brought to market that has not existed before, a positive change created
by innovators not afraid to
make waves and wakes, as cited in Save Pebble Droppers & Prosperity on Amazon.com and claysamerica.com