Sentence examples for Reduced gdp from inspiring English sources

Nor would the proposed fiscal pact, on which Ireland votes in a referendum later this month, have prevented the crisis that has reduced GDP by 15% and prompted a fresh exodus of the young and talented.

We find that Brazil's commitments will be met through reduced deforestation, and at no additional cost; however, Mexico's pledges will cost 4 billion US dollars in terms of reduced GDP in 2020.

The official series shows that net trade reduced GDP growth in 2005 by a tenth of a percentage point, whereas it marginally added to growth on the basis of figures excluding the fraud.

After some stimulus in both areas, the eurozone governments also engaged in more and earlier budget tightening than the United States did; and the International Monetary Fund (IMF) has shown a clear relationship (Figure 6) between this fiscal tightening and reduced GDP growth.

As Professor John Van Reenen noted in a new paper last week*, the Office for Budget Responsibility calculated that austerity reduced GDP growth by 1 per cent in both 2010 and 2011, but he notes that recent research on the impact of government spending in recessions suggests that this "is likely to be an underestimate of the negative impact".

Hence the worrying feature of top income tax hikes is that while the revenue gains are uncertain, it is likely that the costs to society in terms of lower wages, reduced GDP and human capital investments, and fewer jobs and new businesses are significant.

This will actually reduce GDP.

"The corresponding real cuts directly reduce GDP.

Both policies will reduce GDP growth, they believe.

A no-deal Brexit would reduce GDP by 7.7%.

In this case each 1% of GDP of spending cuts would potentially reduce GDP by 2%.