Word: growth
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...effects of a global economic slowdown on developing countries: "The slowdown in growth will likely deepen the degree of deprivation of the existing poor. In many LICs, large numbers of people are clustered just above the poverty line and are therefore particularly vulnerable to economic volatility and temporary slowdowns...
...China has obviously demonstrated that it has both the will and the capacity to exceed the growth of any other large nation in the world. But, what is rarely if ever mentioned by the government is that the nation's economic fate is not in its own hands...
...Recently The Wall Street Journal reported that "Goldman Sachs estimates that China's economy grew 2.6% in the October-December period from the July-September quarter. The OECD puts the quarter-on-quarter growth for the same period at 0.3%." The numbers are telling in two ways. The first is that estimates of economic activity on the mainland are imprecise. The second is that China's growth rate may have already have slowed considerably...
...None of the current explanations of China's GDP growth are able to explain the discrepancy between China's GDP growth and the sharp drop in imports among the developed nations. China does not have another set of nations that it can send its goods in order to replace the diminished demand from the U.S., Japan, and Europe. As unemployment in these regions continues to rise, and that looks like a certainty now, China's ability to send its manufactured goods overseas drops each month...
...glasses and the pictures are harder to see. It gives you a headache after a while. It’s not the huge winner that it might be someday when the technology moves that much further. 15. FM: You’ve praised the innovation and spectacular growth of the porn industry. Meanwhile, Harvard students across campus are having trouble getting I-Banking jobs. Will the Northwest Valley be the new Wall Street?BGE: [Laughs.] Times are tough, but my general advice remains the same: creative, innovative entrepreneurship. Start a business, run a company, build a better mousetrap. That?...