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The figures provided further evidence that frailty in the Chinese economy, a key driver of world growth, has extended into the current quarter despite intensified government stimulus measures.
Goldman Sachs, which first coined the BRIC acronym, has forecast that China will romp back into double-digit growth in 2010 and that its health plan will be a big driver of world recovery in the coming years as Chinese people stop saving in case they fall ill and spend their money on consumer goods instead.
We are confident that applied mycology will continue to be an important driver of world agriculture-food and consequently trade in the years to come.
Still, after years of slow growth, if cheaper oil can help raise global growth to 4% by 2020, that will certainly be a welcome driver of world output.
Among emerging economies, China remains a major driver of world economic developments.
For instance, back in the mid-20th century, the amount of iron and steel that your country produced was an important driver of world power.
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During the past five years America has accounted for only 13% of global real GDP growth, using purchasing-power parity (PPP) weights.The real driver of the world economy has been Asia, which has accounted for over half of the world's growth since 2001.
The EU has often been the driver of the world's ambition – morally, politically, economically – in tackling climate change.
"Our current location near the Mertz glacier is a major driver of the world's ocean circulation system," Turney said.
Soon claims the sun is the main driver of the world's climate, but he also downplays concerns over rising sea levels and the health impacts of mercury from burning coal.
As the driver of the world's great opening, America has gained hugely in terms of power and prestige, but the extraordinary burst of growth that globalisation has triggered has also lifted hundreds of millions out of poverty over the past few decades and brought lower prices to consumers everywhere.
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