Word: growth
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Dates: during 1990-1999
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...together. In the half-century since the WTO's predecessor, the General Agreement on Tariffs and Trade, was founded with 23 members, worldwide trade has expanded some 15-fold, to $6.5 trillion. As the world's largest exporter and importer, the U.S. owes nearly a third of its economic growth in the past decade to trade. "Cooperation is not a choice," says Mike Moore, the onetime meatpacker and New Zealand Prime Minister who heads the WTO. "It is indispensable to survival...
...addressed some of the most demanding problems facing us in the 21st century--particularly in light of Malthus' 18th century theory that population growth will overpower the planet's ability to sustain itself. Scientific inventions and discoveries ameliorate the problem but not enough to prevent global disaster. Widespread demand for food and manufactured products has contaminated our food chain, arable land and water sources, as well as the air we breathe. We must all begin to cope with the results of urban sprawl and help prevent the destruction of Earth's ecological balance and the life of our planet...
...asserted, they will continue to add up because of conservative assumptions used to create them. His Senate counterpart, New Mexico Republican Pete Domenici, pointed out that those estimates factor in two mild recessions sometime during the next 10 years and include assumptions that "do not contemplate the kind of growth that is actually going to occur." That would imply surpluses even greater than projected--a prospect confirmed by Allen Sinai, chief global economist for Primark Decision Economics, a forecasting firm. Sinai's "baseline" forecast, assuming no changes in taxes or spending patterns, is for a non-Social Security surplus...
...that the Republican and Democratic plans of today have not been spelled out in full detail and may not be totally accepted by the presidential candidates who are nominated. Nonetheless, he attempted a summary of their likely economic effects. The Republican plan, he thought, would prompt slightly more economic growth, though only in the first five years, largely by spurring more consumer demand than a fully employed economy might need. Inflation would therefore be a bit higher in the first three years than under the Democratic plan, and interest rates could be significantly higher. On the other hand, the Republican...
...treat the trouble with continued medication (beta-blockers, ACE inhibitors, aspirin, furosemide and so on), hoping, further down the line, for a heart transplant; or 2) to try to sign up for one of the new, experimental operations (gene therapy or laser therapy) designed to encourage the growth of new blood vessels in the heart...