They recognized that their countries debt reduction prospects depended on nominal economic growth, and that their economic growth prospects not to mention continued peace depended on a worldwide recovery.

The risks surrounding this favourable outlook for economic growth are broadly balanced over the shorter term .

With the exception of Russia , economic growth prospects also worsened in a number of central and eastern European countries .

In the view of the Governing Council , uncertainty about the prospects for economic growth remains unusually high .

Today 's policy decisions support the favourable prospects for high economic growth in the euro area .

Disappointing export performance is largely responsible for the recent weakening of economic growth prospects.

The uncertainty surrounding this outlook for economic growth remains high , and downside risks prevail .

But growth prospects remain grim.

Whether China successfully changes its economic model ultimately will determine its prospects not only for further growth, but also for continued stability.

This favourable outlook for economic growth is broadly in line with available forecasts from international organisations and the private sector .

In the Governing Council 's view , the risks surrounding this favourable outlook for economic growth are broadly balanced over the shorter term .

And prospects for continued growth are strong.

Maintaining this commitment prevents the medium term objective of budgetary positions close to balance or in surplus from becoming a moving target .

Second, economic growth.

The IMF s gloomy growth forecasts attest to that.

In the Governing Council 's view , the uncertainty surrounding this outlook for economic growth remains high , and downside risks prevail .

In its latest Global Economic Prospects report, the World Bank cut its 2013 economic growth forecast for China from 8.4 to 7.7 .

The eurozone is not expected to grow at all this year.

3. Emphasizes that economic growth should be further strengthened and sustained, noting that global economic growth depends on national economic growth and that implementation of sound macroeconomic policies could significantly contribute to a revitalization of economic growth

3. Emphasizes that economic growth should be further strengthened and sustained, noting that global economic growth depends on national economic growth and that implementation of sound macroeconomic policies at all levels could significantly contribute to a revitalization of economic growth

Inspiring Economic Growth

Financial integration and economic growth .

Start with economic growth.

Downside risks to the economic outlook stemming from oil price developments have diminished somewhat over recent weeks .

Moreover, the downgrading of growth prospects is remarkably widespread.

High fertility rates stymie prospects for economic growth, because excessively rapid population growth makes it impossible to accumulate per capita stocks of physical and human capital at the pace required to drive rapid income gains.

That said , uncertainty about the prospects for economic growth remains high and the risks surrounding the outlook for economic activity lie on the downside .

3. Emphasizes that economic growth should be further strengthened and sustained, noting that global economic growth depends on national economic growth and that the implementation of sound macroeconomic policies at all levels could significantly contribute to a revitalization of economic growth

Japan has developed her economic growth.

High taxes stifle economic growth.

High taxes stifle economic growth.

Assumptions with regard to the international environment The slowdown of economic growth in the United States as well as in a number of developed economies is expected to dampen global growth prospects , also reflecting the effects of the financial turmoil . However , the projected stronger domestic demand in emerging markets and improved terms of trade , stemming from high commodity prices , in commodity exporting countries are expected to cushion the overall weakening in demand .

Favourable price and uncertain growth prospects ... ...

In these circumstances , with the prospects for economic growth already worsening in the euro area prior to the terrorist attacks , downside risks to economic growth increased and inflationary pressures were expected to ease further .

That name is the new normal, referring to long term diminished prospects for economic growth, a term popularized by Bill Gross, a founder of bond giant PIMCO.

Some Empirical Evidence.

It wants economic growth and it wants it now.

Innovation drives economic growth.

We can't stop economic growth.

What will happen is economic growth.

Europe does not need Asia s rates of economic growth.

Some will doubt the importance of economic growth.

At the same time , it seems that the terrorist attacks did not initially prompt a significant reappraisal of long term growth prospects for the euro area economy .

The balance of risks to the growth outlook tilted to the downside .

Rather, governments should stop basing their legitimacy on inflated growth prospects.