For decades, Labour has believed that inequalities can be eased by modest redistribution and that the way to persuade the haves to give up a little is to
raise economic output.
The campaign plan expected «proposals on trade, regulatory and energy policy would
raise economic output and revenues» to offset most of the remaining shortfall, as cited by the Tax Policy Center analysis.
Not exact matches
Singapore downgraded its forecasts on
economic growth and exports for 2016 after confirming a contraction in
output in the third quarter,
raising the risk of a recession amid fresh uncertainty around global trade under U.S. President - elect Donald Trump.
Last fall, confronted with the prospect of global
economic stagnation, the G20 recommended a major global infrastructure initiative to
raise global
output by 2 per cent over the next five years.
For each trading partner, a trade war could
raise domestic production costs, broadly reduce
economic output, lower corporate revenues, and pressure margins.
During a recent interview, Bank of Canada governor Stephen Poloz said that in the late stage of the
economic cycle, «investment becomes the principle driver of growth, and that builds more capacity...
raising potential
output.»
U.S. consumer prices were unchanged in July on falling gasoline costs, but solid gains in industrial
output and home building suggested a pickup in
economic activity that could allow the Federal Reserve to
raise interest rates this year.
The possibility of Venezuela's exclusion from the IMF, an international coalition of nations created to promote
economic stability, also
raised traders» concerns over crude
output from the struggling nation, prompting WTI prices to turn slightly higher week to date.
The CEBR report found that if the Government
raised the rate of corporation tax from 21 per cent to 26 per cent - the result of equalising the tax rate between big and small business - would cost around 100,000 jobs from the small business sector and reduce
economic output by # 4.3 bn, while reducing the public sector deficit by only # 1.6 bn over 10 years.