Recent growth performance

The growth rate for 1991 was barely 2 per cent, compared with 4.3 per cent in 1990 and the average of 4.6 per cent achieved in 1986 1990.

But the longer term social impact is a reduction in population growth.

Resource growth in the biennium

Industrial growth during the same period had increased at a rate of 10.2 per cent.

They have grown dynamically, at a rate of nearly 12 per cent per annum during the period 1985 1995.

The rate of growth reached 7.2 per cent in the period 2004 2005.

(a) Period of concentrated growth (1968 77)

That and good long stretches of the absence that makes the heart grow fonder.

These changes do not directly induce economic growth, but they increase the economy s potential or long run income. Growth itself occurs as the economy begins to converge to this higher level of long run income.

During this period, contributions to regular resources grew by 12 per cent, to other resources regular by 57 per cent and to other resources emergency by 63 per cent.

The projections for growth in regular resources are conservative and UNICEF hopes that actual growth will be higher.

The strongest rates of increase were recorded in the first half of the 1970s.

The annual rate of growth during 1990 1996 was about 2.3 per cent.

The short and long term impacts of macroeconomic reform and liberalization on the development and growth of enterprises.

5.5 8.5 5 with 5 year participant regular growth (regular valuation)

Among the consumer loans, medium and long term loans dominated by housing loans accounted for about 80 , but short term consumer loans grow faster than medium and long term loans.

Developing countries achieved an average real growth rate of 6.2 per cent, while annual growth among countries with economies in transition amounted to 7.1 per cent.

The absolute number of households for which women were responsible recorded a faster rate of growth, rising in the same period by 57 , whereas those headed by men rose only by 39 .

The period in which the highest growth rate of the urban population occurred, 1961 1970, was not the period of highest growth of the industrial product or even of the total product.

China isn t the only success story. Other big winners in terms of real per capita GDP between 2000 and 2004 are Lithuania (up 48 ), Romania (up 41 ), Estonia (up 40 ), Chile (up 33 ), Hungary (up 32 ), Greece (up 31 ), New Zealand (up 28 ), Australia (up 25 ), Korea (up 23 ), Ireland (up 23 ), South Africa (up 23 ), and Nigeria (up 22 ).

Average annual growth rates for service exports of developed countries increased from 4 per cent during the period 1995 2000 to over 7 per cent during the period 2000 2003.

Extension of the mandate of the Force and increase of its military component by 300 troops.

However, in order to sustain long term economic growth, active development strategies are required.

21. The most critical stage in this process occurred between 1961 and 1970, when demographic growth speeded up considerably, attaining an annual average rate of 2.8 per cent, higher than the Latin American average, and when, in addition, the highest growth rate in the country apos s history (2.9 per cent for the period 1961 1966) was attained.

So here, too, the logic points to a vicious circle Slower growth leads to artificial remedies and further erosion of long term growth potential.

With significant elements of the global economy and external demand facing headwinds, China s acceptance (so far) of a growth slowdown, while its new growth engines kick in, is a good sign, in my view. It suggests that policymakers are playing for longer run sustainable growth and have become warier of policies that, if used persistently, amount to a defective, unsustainable growth model.

5.5 8.5 5 with zero participant growth (regular valuation)

This was important since economic growth was central to increasing long term employment and achieving the Millennium Development Goals.

282. In most of the period after the Second World War the number of dwellings increased far more quickly than the population.

This structure contrasts with the pre 1980 business cycle, which rested on wage growth tied to productivity growth and full employment. Wage growth, rather than borrowing and financial booms, fuelled demand growth.

The economy therefore limped along year after year, with real GDP in the final quarter of each year less than 2 higher than it had been a year earlier. Employment grew more slowly than the population, and annual real wage increases averaged only about 1 .

The long term driving force of modern economic growth has been science based technological advance.

Income has gone up for a majority of the world's population, despite the population going up by about two billion people over this period.

During the period 2000 to 2003, the annual average rate of economic growth, as measured by the growth of gross domestic product (GDP) was 2.1 per cent.

Between 1984 and 2002, its participation in international trade had increased at an average annual rate of only 4.6 per cent compared with a global rate of 7.5 per cent.

Indeed, during the 1980s, the economic growth rates had barely kept ahead of the population growth rates in the developing countries as a whole.

Thus, for example, imports of processed agricultural products into the OECD grew by 5.4 per cent over the 1990s as against 2 per cent for unprocessed products.

Resource growth is often termed real growth it identifies the changes in the level of programme activity between the preceding budget and the future outline.

Africa, long the world s slowest growing region, is now averaging roughly 5 annual GDP growth. Overall, the developing countries are growing at around 7 per year, and the developed economies at around 2 , yielding a global average of around 4.5 .

The rate of increase approximated estimated population growth.

Moreover, many of the structural reforms that are currently being considered or implemented, despite boosting growth in the long term, can have short term contractionary effects. This is particularly true of greater labor market flexibility, a key asset for long term growth that can lead to a short term increase in unemployment.

The current period had been a difficult time for investments in developing markets but over the long term they would also be areas of growth.

In 2001 02, the GDP had grown from 433.6 million to 470.2 million, representing an annual economic growth rate of 8.4 per cent in money terms and 7.8 per cent in real terms after deducting inflation.

However, the proportion of women volunteers has clearly increased from 3.3 to 4.6 , an increase of 39 .