Sentences with phrase «massive economic upheaval»

However, critics would note that scientists have expected for years that nations and corporations would endure massive economic upheaval, «carbon taxes» and redistribution of trillions of dollars from first - world economies to the developing nations to avert a purported pattern of manmade climate change.

Not exact matches

And the author comes to some sobering conclusions in the first chapter: only massive upheaval through wars, revolution, disasters, famine and disease has been successful historically in leveling economic conditions.

His successor, Guy Giorno, gave the government a more sharply partisan edge and maintained firm control as the government weathered the partly self - inflicted coalition crisis, the global economic upheaval of 2008 - 09, and the massive spending stimulus that followed.

The country went through some rough years, with the economic downturn of 1997 and the political upheaval that followed, which resulted in a massive decline in tourist arrivals to Indonesia as a whole.