Sentences with phrase «of national wealth»

It is why, if you look around advanced economies, they all spend vastly more on health and education as a proportion of national wealth creation than they did 100 years ago.
Only as profits and capital increase, however, can wages increase: That is where the increase of the national wealth comes from.
And the 1950s saw the top 1 % capturing a historically small amount of national wealth.
Prior to that time, foreign holders of dollars could redeem the money in gold and ship it out of the country, resulting in the loss of national wealth.
Then there are the consequences of national wealth being dependent on oil.
How could it not be when the richest 1 percent of its population now controls forty percent of its national wealth.
In fact, according to Deloitte Consulting, Gen X will experience the highest increase in share of national wealth through 2030, growing from under 14 percent of total net wealth in 2015 to nearly 31 percent by 2030, and overtaking baby boomers as the wealthiest generation shortly after.
And, as promised in the coalition agreement, this will be the first UK government to deliver that 30 - year - old promise to spend just 0.7 per cent of our national wealth on overseas development.
A promising transition depends upon a new regime's set of state powers, its capability to operate the emergent system, and its ability to promote structural and institutional changes in domestic politics and in the economy resulting in social justice, good governance, and fair distribution of the national wealth.
In many countries, centre - left governments have presided over a decline in the share of national wealth going to wages, to the benefit of shareholders and landlords.
Or we can be caught up in a crusade that seeks to suppress energy use, economic growth, and the benefits that come from the creation of national wealth.
Key sections of the speech are quoted below: Labour's financial starvation of Britain's armed forces: «This year we will spend only 2.2 % of our GDP on defence — the lowest proportion of our national wealth contributed to security since 1930.»
Unfortunately, President Muhammadu Buhari and his touted «Change» government have failed to seize the moment and in such failure, they are signing away another bit of our national wealth.
Statistics released in December show that, during the 1980s, Britain was the only one of the G7 group of wealthy countries to reduce the share of its national wealth devoted to industrial R&D.
We have no right to keep increasing risk to conditions of life on Earth for future generations, to maintain our current fat level of national wealth and income.
Heavy pollution from coal - fired power stations results in Serbia losing a third of its national wealth annually because of premature deaths caused by poor air quality.
«One of the banes of the country is unfair and unequal distribution of national wealth.
Lynne Featherstone and I were in Ethiopia, for whom Britain is now the first member of the G8 to have met the decades - old promise by rich countries to spend 0.7 % of our national wealth on aid for the developing world.
The Tories were making noises about meeting the Nato target of 2 % of national wealth being earmarked for defence but there was no commitment to return health spending to the European average of 9 % achieved under Labour.
State capitalism is a system by which an organized national and nationalist government uses the means of the state, and through a highly systematized process of economic and political control creates state infrastructure, and state - driven industry, for effective and relatively even distribution of national wealth, and to drive growth.
As the Guardian reports today, Bill Gates has warned Theresa May that if the Conservatives go ahead and abandon the UK's pledge to spend 0.7 % of national wealth on aid, its influence in the world will be reduced and more lives will be lost in Africa.
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