So we need to encourage the growth of local firms.

The Indian states have substantial policy discretion and often compete to attract businesses and achieve rapid economic growth.

We have monumental challenges and we have to sustain a high level of growth.

Growth based on high leverage typically proves to be illusory.

Hungry for growth, the bank itself and a hedge fund founded by the bank invested in US subprime securities.

Most important, these activities are most likely to be central to economic growth in developing and emerging countries.

The result they have achieved the trifecta of robust growth, high employment, and low public debt.

The Eurosystem Overriding importance of price stability

In addition , the weakening of economic growth is likely to have played an important role in the slowdown of the growth of loans to corporations .

In 2005, China was experiencing currency appreciation, which, as other fast growing economies in East Asia have demonstrated, can stimulate the government and businesses to pursue structural reforms and industrial upgrading.

It would also allow businesses to produce more competitively, creating jobs and economic growth.

So the baseline is high emerging market growth, the key to which is innovation and adjustment of the growth path.

Where were the rock bottom interest rates that are supposed to characterize periods of weak growth and high unemployment?

As a result, industrial firms profits are likely to continue to fall, making it difficult to sustain high investment.

For example, if companies reduce investment, they will weaken growth and boost their leverage ratio further.

In a high growth environment, each group or individual could count on getting a lucrative contract or project.

Growth itself occurs as the economy begins to converge to this higher level of long run income.

A lot of companies have happened to grow the economy, so the Western population moved over to here.

In particular , housing and office space construction had increased during the past years of strong economic growth , creating oversupply in some countries . Moreover , the increased uncertainty in the course of 2001 regarding the outlook for growth and employment may have prompted businesses and households despite favourable financing conditions to delay investment decisions that involve a high degree of financial commitment and irreversibility .

As this diversity has to be reflected in policy making, the new approach embraces initiatives and actions to unlock the full potential of all types of enterprises ranging from start ups and high growth gazelles to traditional enterprises, including craft sector, micro enterprises, social economy enterprises and family SMEs.

At times, a high investment rate can offset a high capital coefficient s negative impact on growth.

Moreover , growing concerns about the high level of indebtedness of telecommunication corporations tended to amplify the decline in stock prices in this sector .

Excluding this inventory swing, annualized growth in final sales to consumers, businesses, and the government averaged a tepid 1.6 .

In this context, a determined shift toward markedly higher and more inclusive global growth is far from guaranteed.

Acknowledging the significant and steady period of economic expansion fuelled by the continuing growth of high end tourism,

At the same time, the government s interventions have limited the growth of private sector firms by impeding their access to finance.

In the meantime, persistent high unemployment reduces the economy s growth potential by robbing today s workers of skills and experience.

As to public finances, in the Committee's view a policy for high growth rates is the best debt reduction policy.

Yet, contrary to expectations, growth in household consumption has remained lackluster, and businesses have not ramped up investment.

Liberalising product markets to allow more competition would raise incentives for firms to invest and innovate , thereby raising productivity growth .

all subsidiary undertakings of subsidiary undertakings shall also be considered subsidiary undertakings of the parent undertaking

How businesses handle this transition which is already contributing to China s growth slowdown will determine the transformation s progress.

Observers in the West, focused largely on the slowdown of headline GDP growth, continue to miss this key point.

The objectives of the Union ( Article 2 of the Treaty on European Union ) are a high level of employment and sustainable and non inflationary growth .

This increase came against the background of several years of relatively high real wage growth and declining profit share in the economy .

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Worse, in the wake of the 2008 financial crisis, sluggish growth and high unemployment in developed countries have fueled demands for more protectionism.

Such divergence remains in line with business cycle regularities , with turning points in the growth of loans to enterprises typically lagging those in economic activity .

Standardization and liberalization in European telecoms underpinned 9 growth in value added and productivity in this period, compared to 6 growth in the US.

More generally, investment tends to follow economic growth companies add new capacity only if there is demand for their products.

But it is impeded by slow growth and, thanks to high unemployment and weak global demand, persistently low inflation.

After tax income for the middle three quintiles in 2010 was 40 higher equivalent to 1.1 average annual growth.

But a return to high growth in developing countries requires that they resume their push into tradable goods and services.

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