Poverty alleviation comes
with economic growth as an outcome of economic freedom.
In India's «ten percent economy» as economist C.T. Kurien calls it, 40 to 50 percent of people are living below the poverty line; and the present pattern of development through globalization
with economic growth as the only criterion will lead to large - scale cuts in welfare measures and to the capital - intensive industries under the auspices of the multi-national corporations and consequently to more poverty and unemployment as it happened in Latin America.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our
growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions
with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global
economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals
as a result of global
economic uncertainty or otherwise; 8) the effect of
economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such
as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements
with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements
with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts
with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such
as U.S. export control laws and U.S. and foreign anti-bribery laws such
as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such
as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers,
as well
as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships
with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco
as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance
with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Responses to questions such
as how current order books and sales inquiries compare
with 12 months earlier have a strong correlation
with the trajectory of
economic growth.
Two more years of
economic pain Australia faces a longer period of low
growth, higher debt and higher unemployment than predicted just four weeks ago
as the wave of job losses gathered strength,
with clothing manufacturer Pacific Brands axing 1850 staff across the country.
As inflation rises in tandem
with economic growth,
growth stocks» future potential profits look less enticing compared
with the steady profits of value companies, many of which are in industries where they can pass their costs through to customers.
BT, for example, believes that # 15 will be added to the U.K. economy for every # 1 spent on super-fast broadband, while recent
economic growth in countries
with advanced networks, such
as South Korea, can be at least partially attributed to super-fast connectivity.
Federal Reserve officials followed through on an expected interest - rate increase and raised their forecast for
economic growth in 2018, even
as they stuck
with a projection for three hikes in the coming year.
This reality has profound implications for
economic growth: consumers saving for retirement need to reduce spending if they are going to reach their retirement income goals and retirees
with lower incomes will need to cut consumption
as well.
The National Bureau of
Economic Research, which officially makes the call on whether the US economy is in recession, has its own criteria, but technicalities aside, few people will argue
with a characterization of the US economy
as being «in recession» if we see two straight quarters of negative
growth.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of
economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for
growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection
with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection
with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection
with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to
as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection
with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated
with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated
with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
A year on, annual
economic growth has picked up — closing the gap
with Germany and pulling away from other major European powers such
as Britain and Italy.
Today its truck and minivan sales in the U.S. are still growing, and
with expectations that revived world
economic growth is on the horizon, it is also poised to sell more cars and SUVs in emerging markets such
as China, says Oakmark's Bill Nygren.
Bringing other provinces on board
with pipeline expansion, plus a variety of other controversial issues such
as temporary foreign workers, requires a national perspective on
economic growth.
A China expert
with the Centre for Independent Studies is warning of serious flaws in the Chinese
economic growth strategy
as its economy booms.
Despite the exemptions, nearly two - thirds of the 40 survey respondents, including economists, fund managers and strategists, see the president's trade policies
as negative for overall
economic growth,
with 23 percent saying it's too soon to tell.
«President - elect Trump must provide early evidence of positive
economic growth as well
as act to keep positive consumer expectations aligned
with performance,» said Curtin.
Fed officials» median projections now forecast
economic growth of 2.1 percent next year, up from 2 percent
as of September,
with the unemployment rate falling a tick to 4.5 percent.
Abe had made TPP a core of his
economic growth policies and along
with the Obama administration, viewed TPP
as strategically vital in the face of a rising China.
Of these, fully half involve creating a new governmental or quasi-governmental agency (such
as the Canada Infrastructure Bank), while the remaining are so ambiguous
as to be potentially meaningless (for example, creating a foreign direct investment strategy «in line
with the country's
economic growth strategy»).
There are always going to be innovators and disruptors
as technology accelerates business
growth and we believe government needs to be able to work
with these innovators to ensure strong and efficient
economic policies and an open marketplace.»
Slow
economic growth, increasing extreme weather events and volatility in capital markets made the insurance business tumultuous in recent years,
with employees facing upheaval in their day - to - day roles
as well
as layoffs.
«China's
economic growth has slowed over the past few years... but
economic growth has rebounded this year,
with GDP reaching 6.9 % in the first half, and may achieve 7 % in the second half,» Zhou was quoted
as saying at the G30 International Banking Seminar in Washington on Sunday.
While Republican leaders and Trump administration officials promised
as recently
as three weeks ago that the bill would pay for itself
with economic growth, the analyses have been universal: They have shown that the bill would add roughly $ 1 trillion or more to the federal deficit over 10 years, even when accounting for the
growth.
«We believe that these two markets,
with a combined population of approximately 27 million people and strong
economic bases in the technology, media and entertainment industries, serve
as an excellent platform for long - term
growth,» Virgin America said in its SEC filing.
For those uninitiated, Startup America is a White House partnership
with AOL co-founder Steve Case and the Kauffman and the Case Foundations,
with the aim to increase «the number of new, high -
growth firms that are creating
economic growth, innovation, and quality jobs; celebrate and honor entrepreneurship
as a core American value and source of competitive advantage; and inspire and empower an ever - greater diversity of communities and individuals to build great American companies.»
This growing interest in India is not surprising;
with average real annual
growth of 8.75 per cent over the 2003 to 2007 period, India is emerging
as an
economic heavyweight in the region.
They can offer the
growth potential of stocks, a possible plus at a time when the
economic environment and earnings are generally supportive of equities,
as we've seen
with the steady rise in indexes across most asset classes.
The Aussie will decline to 72 US cents by year - end
as restrained
economic growth and inflation mean the Reserve Bank of Australia will take a «few years» to catch up
with the Federal Reserve in raising borrowing costs, said Philip Moffitt, Asia - Pacific head of fixed income in Sydney at the firm, which oversees more than $ US1 trillion.
And our BlackRock GPS, which combines traditional
economic indicators
with big data signals such
as Internet searches, still points to above - trend
growth as the global economy transitions from catchup to steady expansion.
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.
A deal
with China to potentially open their economy is very bullish for oil demand expectations
as well
as global
economic growth.
As part of our continuing series of commentaries celebrating the 50th anniversary of Mel Watkins» classic article, «A Staple Theory of
Economic Growth,» we present the following commentary by Marc Lee, economist with the B.C. office of the Canadian Centre for Policy Alternatives. Marc considers the implications — both economic and environmental — of the current -
Economic Growth,» we present the following commentary by Marc Lee, economist
with the B.C. office of the Canadian Centre for Policy Alternatives. Marc considers the implications — both
economic and environmental — of the current -
economic and environmental — of the current -LSB-...]
As many investors know, although an extreme lack of
growth is generally associated
with weak markets, outside of recessions there is a very weak relationship between stock market performance and
economic growth.
«Valuations are efficient or ebullient
with little room for error priced in, even
as risks to global
economic growth build up.
«We are proud to honor 20 Top Corporations for their world - class leadership in partnering
with women's business enterprises to sustain innovation in this country and fuel our
economic growth,» said Linda Denny, president and CEO of WBENC, the leading authority on and advocate for women's business enterprises (WBEs)
as vendors and suppliers to the nation's leading corporations.
As with forward guidance, this can enhance the impact of lower policy rates by spreading the effect to a wider range of borrowers, thereby boosting
economic growth.
2016.06.10 Canadian
economic activity erratic through 2016: RBC Economics
As the Canadian economy contends
with softer than expected exports, weak business investment and effects of the Alberta wildfires, real GDP
growth in 2016 is forecast to be 1.4 per cent...
APEC's founding coincided
with the sudden burst on the global scene of the Asian
growth miracle, led by the «tigers» — Korea, Taiwan, Hong Kong and Singapore — and just
as Deng Xioping issued his remarkable call for
economic reform in China.
The expanding national
economic growth in countries
as China and India profit
with the
economic growth because they are the only sizeable strong and stable economies projected to record over 5 %
growth rates in 2009.
With debt already higher
as a share of Gross Domestic Product (GDP) than at any time other than the aftermath of World War II, this new debt is likely to slow
economic growth and hasten the country's fiscal deterioration.
I think we have all waited
with baited breath for a long time to see the resiliency of the emerging market economies —
as Michael discussed — and it's been heartening to see that play out through real
economic growth.
The BlackRock GPS — which combines traditional
economic indicators
with big data signals such
as web searches and text mining of corporate conference calls — suggests a higher
growth rate over the coming 12 months than currently reflected in consensus estimates.
In the most current declarations in regard to the UK
economic growth disturbance reported by the Confederation of British Industry it is expressive
as the trend is at par
with other major national economies of the European...
Both valuations and consumer sentiment may be at high levels, but
with stable real yields, rising productivity and «normalised» valuations, the equity outlook is not necessarily negative —
as long
as economic growth continues.
While we currently favour global exposure to the technology sector and selected opportunities within healthcare, we're also positive on financials — another giant within the Canadian market cap that we believe registers
as fairly valued
with the potential for decent earnings
growth amid a synchronized and sustained global
economic expansion.
After three bond buying programs known
as Quantitative Easing (QE) flooded Wall Street
with bountiful amounts of play money while failing to significantly lift wages or
economic growth, the U.S. central bank now has a balance sheet that has quadrupled since the 2008 crisis to $ 4.4 trillion.
As a sidenote, statistically, periods of slower
economic growth do tend to be correlated
with higher, not lower, inflation (a result that follows from the «monetary exchange equation»).
By the second quarter of 1952, the price increases had petered out
as it became clear that the Korean War would not spread into a worldwide conflict and
with the sharp slowdown in
economic growth recorded in that year.
Secular stagnation and the slow
growth and financial instability associated
with it have political
as well
as economic consequences.