The strong growth of the global economy in 2003 and 2004 was both reflected in and driven by strong growth in world trade.

Portfolio growth was strong in post conflict transition countries, while among clients, international financial institutions represented the strongest growth trend.

According to preliminary reports, annual investment growth in 2012 reached roughly 14 significantly higher than the GDP growth rate, which accelerated in the fourth quarter as a result of a strong rebound in investment in real estate and infrastructure. In 2013, it can be expected that, barring major disruptions, strong investment growth will push China s GDP more than 8 higher year on year.

Exports of commodities, such as energy and base metals, have also increased strongly.

IMF growth forecasts released during the Davos meeting highlight the extent to which the world has become decoupled GDP growth in the advanced industrial countries is expected to be 1.4 this year, while developing countries continue to grow at a robust 5.5 annual rate.

Trade in frozen fish strongly increased in the 1980s and accounts for 40 per cent of the total fish trade.

The global economy demonstrated strong growth in 2004, due in part to the performance of developing countries, which experienced the highest growth rates in over 30 years.

25. According to official sources, Bermuda s economic growth measured by GDP has been robust.

While the economies of Latin America and the Caribbean have continued this pattern of strong trade growth, Asian export growth slowed.

And the GDP in Africa is not making much progress.

By contrast, East and South Asia enjoyed robust growth, in some countries faster than the 1970s.

The macroeconomic structure of those economies has not changed greatly, and the dynamic increase in productivity has yet to make a marked contribution to economic growth.

Some of the increase in net transfers reflected strong growth in export revenues that had led to current account surpluses in some countries.

Owing to strong GDP growth, the debt to GDP ratio decreased from 100.2 per cent to 95.1 per cent.

(a) The transition process lasts through 2007, with relatively strong growth in operations management portfolios in 2006 (16 per cent), followed by a more conservative growth rate (8 per cent per annum) thereafter.

Yet, rather than a new recession, or an ongoing depression, the US unemployment rate has fallen from 8.6 in November 2011 to 5.8 in November 2014. Real economic growth in 2011 stood at 1.6 , and the IMF expects it to be 2.2 for 2014 as a whole.

Developing countries stand to gain from exchanging experience and know how, which encompass new sources of dynamic growth.

Relying on those numbers, the Governor stated that that represented the strongest period of growth for this critical benchmark in a decade .33

Although the proportion of enterprises with broadband access increases with the size of the enterprise, recent growth in adoption has been stronger among SMEs.

GDP growth of 4.6 per cent remained modest, particularly since it had not fed into job creation.

So, has Georgia s development model been conducive to dynamic and inclusive growth, that is, growth that leads to productive investment, innovative practices, and widespread job creation?

In general, growth was broadly based, supported by robust export growth and higher commodity prices as well as strong domestic demand driven by low interest rates.

Portfolio flows and foreign direct investment (FDI) posted the strongest growth, accounting for more than two thirds of total private inflows.

The Canadian economy grew 2.8 percent in 2004, up from two percent in 2003, as robust growth in domestic consumers' incomes allowed them to increase their purchases of Canadian goods.

Most of the equity in the sector is local, and strong growth in this area points to the possibility of exporting to the region.

Second, over the past 6 7 years, strong GDP growth in the US and Great Britain has been offset by staggering debt. The US now borrows 2 billion a day, 95 of it from Asia and 45 of that amount from China s central bank.

Data for 2004 indicate that North and Central Asia enjoyed another year of buoyant growth, although marginally slower than the pace attained in 2003.

Due to strong job growth, this trend continued through 2003 and 2004 with year over year declines of 7.9 percent and 7.0 percent respectively.

In recent years, this long running debate has become increasingly contentious and the costs of stalemate are mounting. In order to restore growth in developed economies, while sustaining strong GDP growth and reducing poverty in the developing world, a more unified approach to economic policymaking that draws from both traditions is needed.

After a very slow initial recovery, real GDP began growing at annual rates of more than 4 in the second half of 2013. Consumer spending and business investment continued at that rate in 2014 (except for the first quarter, owing to the weather related effects of an exceptionally harsh winter).

The Regional Action Plan considers ICTs as a driving force in cross sectoral programmes for promoting a sustainable and dynamic information society, contributing to poverty alleviation and robust economic growth and enhancing technological innovation and development.

In the last two years, credit grew almost twice as fast as GDP, and total social financing grew even faster. Yet GDP growth slowed considerably from an annual average of 10.2 in 2002 2011 suggesting that China may be moving closer to a medium to low speed growth path.

In sum, because India s existing economic institutions could not cope with strong growth, its political checks and balances started kicking in to prevent further damage, and growth slowed.

Nonetheless, without deep socio economic reforms, America s GDP growth is likely to be slow at best, while its political system seems paralyzed. Nowhere is there a credible plan to limit the concentration of wealth and power, broaden economic gains through strong real income growth for the poor, and maintain macroeconomic stability.

For example, US real per capita GDP grew by a factor of 1.87 that is, nearly doubled in size from 1961 to 1986, but by a factor of only 1.58 from 1978 to 2003. Such differences in 25 year growth rates are important if US GDP grows by a factor of 1.87 over the next 25 years, annual GDP will be 3.6 trillion ( 10,000 per person) higher than if it grows by a factor of only 1.58.

24. The financial sector grew strongly in 1997, with increased numbers of registered banks and trust companies, mutual funds, insurance companies, ship registrations and other company registrations all increasing.

The outlook for real economic growth in 2005 remains strong with a preliminary 2005 forecast of 5 per cent (excluding Iraq and Palestine).

15. The national currency has stabilized, depreciating by 1.5 per cent against the United States dollar in 1997, which resulted in a real appreciation of 3 per cent. Credit growth has been strong.

Even the reduced global forecast of 3.4 GDP growth for this year is likely to prove excessively optimistic. Before the crisis, world trade grew at 6 8 annually well faster than GDP.

Overall, their 2004 public debt situation improved owing to strong economic growth and the positive impact of regional and global interest rates.

Growth was broadly based in most countries, and manufacturing, in particular, benefited from the upturn in the electronics cycle and strong export demand.

That was in the early 2000s when India was going gung ho about GDP growth as the means forward looking at China with its stellar growths of eight, nine, 10 percent and wondering, why can we do the same?

At the inter regional level, developing Asia still recorded relatively strong growth of exports to major developed country markets, although this growth was not as dynamic as in 1985 1990.

The country had seen strong economic growth, largely because of the sale of petroleum products, and it was important that these gains be disseminated throughout the society.

Inject new strong impetus