Word: gdp
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...province of Gauteng is centered on shanty towns such as Alexandra and Kya Sand that form a ring of destitution around Africa's commercial capital. While South Africa's overall economy grows at a steady 4% to 5% and Johannesburg's business district accounts for 9% of Africa's GDP, according to the province's economic development agency, on the city's outskirts lives have changed little since apartheid. Many families live in the same tin shacks they occupied under white supremacy. Most have no running water, sanitation or meaningful health care. In this sea of unmet expectation, Muyumba says...
...vastly accelerating greenhouse gas emissions are just another measurement of how life is getting better for more and more Chinese in the cities: more cars, more electricity, more gadgets, more stuff, all of which carry a greenhouse gas cost. Asking China to limit greenhouse gas emissions even as its GDP continues to grow at nearly double-digit rates is like asking them to give up the good life they're just beginning to taste. It's not going to happen - and yet to avert dangerous climate change, it has to happen. That's the paradox of global warming politics...
...untie that Gordian knot, but he's trying his best. Francis says he'll make the pocketbook argument that China's astonishing levels of pollution are already damaging the country's bottom line. "There's an estimation that China's environmental problems are already costing their economy 10% of GDP a year," he says. "The economic costs are immense and they will only get bigger." That much is known in China, and although the country gets a deservedly bad rap for its pollution - all those Beijing Olympics jokes - the truth is that there is a serious movement going on today...
...comes a point at which government debts grow so large that they start to weigh on the economy, through higher interest rates, bigger debt payments, a weaker currency, etc. Reagan and George W. Bush had the advantage of starting out with a relatively small debt as a percentage of GDP. The next President won't be quite so lucky...
...back then, we can get away with now. I think that they do want the population to be more creative and self-expressive. That's basically it. UEKRONGTHAM: Part of that relaxation could also be economically driven, because the government has expressly said that it wants to increase the GDP from the media sector by a certain percentage, and part of that is that they need to be seen as allowing freedom and creativity. TAN: Yeah, Singapore is quite uptight in some senses. But I think the government is realizing that. Education has a lot to do with that...