Sentences with phrase «very rich economy»

It's a very rich economy.

Not exact matches

While the rich economies produce more innovation, if total innovation output is divided by input, the list of leading innovative countries looks very different.
«You had wealth creation that could not be tied to the underlying economy,» he added, «and the benefits were very skewed: they went to the assets of the rich.
If political redistribution reaches a certain level, it must either send the economy into a downward spin (wealth being redistributed faster than it is produced) or dismantle democracy (to prevent those whose wealth is to be redistributed» a population which, as redistribution expands, will be very much larger than the richest group» from resisting).
Many in this context have pointed very strongly to the «growing gap between the rich and the poor that has ensued whether this is experienced locally, nationally or internationally, and how the «open and borderless world of economics» that has emerged has destroyed local and national economies and created conditions for the untold new sufferings of people.
There start to be very serious effects on the economy - meanwhile the rich are still driving around in sports cars, using as much gasoline as they feel like.
System too rich while very good fuel economy (better than specs), I left it untill it started to missfire and got us here.
I know you have invested so much into that entire global warming story, but I see it as very secondary compared to the already unfolding Great Unraveling, with all rich economies in chronic downfalls that will last and last (real U.S. unemployment already 20 %, debt at $ 14 trillion is trivial compared to $ 114 trillion of uncovered obligations, all E.U. save for Germany is collapsing etc., etc.).
It continues to prove very difficult to get some of the most influential members of the world's richest economies — the G - 20 — to allow an open debate on reserves.
The rapid emergence of China, India, and other developing economies as formidable economic competitors to OECD economies has also rendered two further pillars of the old framework untenable: first, the notion that rich countries would agree to very deeply cut their own emissions to create more atmospheric space for poor nations emissions to grow or, alternatively, that they would heavily subsidize the deployment of cleaner but more expensive energy technologies in the developing world.
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