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The EU prides itself on cementing peace among countries and fostering prosperity by removing internal barriers among its member states through the so-called Schengen agreement.
But it also proves that in today's world there is no alternative to globalization as a motor for growth and employment, thus fostering prosperity worldwide.
America ranks 17th out of 22 rich countries in its commitment to fostering prosperity in the developing world, according to the Center for Global Development, a think-tank in Washington, DC.
In the United States, for example, some economists have speculated that incumbent political leaders pressure the chairman of the Federal Reserve System to loosen monetary policy in advance of an election as a means of fostering prosperity.
Their persuasive analysis is animated by a belief that fostering prosperity and combating climate change are realistic and reinforcing aims.
America's leaders understood that fostering prosperity, stability and democracy was as important as building military might in the struggle against Communism.
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Can public policy help foster prosperity and equality?
And by extending the reach of trade, we foster prosperity and the habits of liberty.
When investment opportunities are scarce, capital inflows simply displace domestic savings and encourage consumption.Cheap exports, not cheap moneyWhatever their misgivings about cosmopolitan capital, the authors do not deny that deeper financial markets in general help to foster prosperity.
You'd think they'd have learned from the London debt agreement of 1953 that debt forgiveness and reasonable repayment terms can foster prosperity and strengthen democracy in the debtor nation — which, in this case, happened to be Germany.
By allowing countries to potentially rig the test, the OECD is failing in its mandate to help governments foster prosperity by providing information.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com