Only he can tell the Labour party, in the absence of an international boost of demand which shows absolutely no sign of coming, that a Labour Britain would have to cut its coat according to its cloth.
China is the world's largest auto market, with 28.03 million vehicles sold last year, a boost in demand of 13.7percentt vs. 2015 sales numbers.
There is growing talk that Mr. Cavallo could join the government economic team in coming months, with the government then shifting away from its emphasis on austerity in favor of a supply-side boost of domestic demand through sharply lower taxes and regulation.
If the problem is a lack of demand, policies that boost demand — fiscal stimulus, aggressive monetary policy — will help.
The full benefits of the abundant summer monsoon, including a big boost to demand from the 70% of Indians who live in the countryside, had yet to show up in the figures, so for the whole fiscal year, ending in March, growth of more than 8% seemed well within reach.In the meantime, other indicators glowed with health.
Although it's getting a significant boost from the demand of Tamiflu as the threat of an H1N1 pandemic increases, Roche is also benefiting from an increase in sales at both its pharmaceutical and diagnostics divisions, and it expects to beat market expectations this year.
But the economically literate members of the Administration, such as Murray Weidenbaum and David Stockman, were well aware that the most immediate impact of the tax cuts would be to boost the level of demand in the economy and to raise the budget deficit.
In its quarterly Inflation Report, the Bank's Monetary Policy Committee (MPC) says that the budget's net effect will be to boost the growth of demand in 2003, which in turn will contribute to inflationary pressures.
There should be no cuts in capital investment at all; instead, public investment in our physical infrastructure, our knowledge base and our social capital should have been stepped up, both because it is so needed and to boost faltering levels of demand so crucial to the growth process.
In a letter devising the interview, Southern envisaged "a sharp boost in American demand; a burst of reprinting; stage, film, and video offers; dollars pouring in by the veritable barrelful!" But in the interview itself Southern appears to find Green's neglect admirable, as if obscurity were a mark of integrity.
