While China's economic powerhouses – such as Beijing, Shanghai, and Shenzhen – have been ordered to help the poorest areas, some are sceptical about the basis for sustained growth.
Mr. Etlin also said there were thousands of Brazilian companies, mostly family owned, that could provide the basis for sustained activity.
SO OFTEN in Haiti urgent problems mudslides that bury towns, storms that wash houses out to sea or spikes in food prices and chronic political instability have conspired to subvert efforts to lay the basis for sustained development.
While a series of unfortunate events, including the Japan earthquake, rising energy prices and instability in the Middle East, might have shaken business confidence in recent months, Summers says that current U.S. economic policies remain the right ones, pointing to recent monetary and fiscal initiatives of the government as a "basis for sustained growth".
"Looking at the international and domestic economic situation, currently there is no basis for a sustained depreciation trend for the yuan," it said.
While the rally is "much welcomed," he said, "I think we went up too fast without a fundamental basis for a sustained recovery".
That overall figure disguises how badly some economies like Italy and Portugal have done since the introduction of the euro in 1999 (see chart).There is an opportunity nonetheless for European leaders to build a basis for stronger sustained growth.
We are tempering our enthusiasm just a little with the belief that earnings in many sectors are unlikely to pick up significantly until late next year, so we don't see the basis for a sustained stock rally until later on.
We have described here the first attempt to unravel some of the molecular basis for a sustained high Qp phenotype in CHO cells.
