Sentence examples for gdp reduction from inspiring English sources

Table 5 Total pension expenditure and reduction by scenario (2021 2071)   Expenditure (% GDP) Reduction (p.p.

Specifically, it could lead (in scenario 4) to a 1.4 p.p. of the GDP reduction of expenditure by 2051 (see Fig. 9c in the Appendix C).

As seen in this paper, it could lead to a 3.2 p.p. of the GDP reduction of expenditure by 2051 (Table 5) in an extreme scenario, compared with the 3.7 p.p. of GDP reduction under the 2011 reform, based on the same methodology and the same demographic scenario as in Conde-Ruiz and González (2013 .24.

Conde-Ruiz and González (2013) demonstrated, using the same methodology and the same demographic scenario as in this article, that the 2011 reform (in which the calculation period was extended, retirement age was increased to 67 and a modified replacement rate was applied to the reference wage) may imply a 3.7 p.p. of GDP reduction of expenditure by 2051.

Likewise, TTP promotes GDP reduction, and dGTP promotes ADP reduction (Brown and Reichard, 1969; Rofougaran et al., 2008; von Döbeln and Reichard, 1976).

If EU leaders continue to pursue their misguided policies, forcing crisis countries into depression-level GDP reductions and even higher unemployment, the whole situation will unravel sooner rather than later.

With exports worth a third of GDP, a reduction in export growth of just 1% is sufficient to lower economic growth by 0.3%.

Since financial crises are associated with long-run losses in GDP, a reduction in the probability of a crisis generates marginal benefits.

The economic and humanitarian catastrophe is unprecedented in peacetime: 27% unemployment, 60% youth unemployment, a 25% shrinking of GDP, 40% reduction in family income.

Many migration sceptics believe the right to choose who comes and goes should lie with a national government, and do not believe that a small addition to GDP, or a reduction in the budget deficit, is sufficient to legitimate taking such rights away from government.

Even in the most basic Keynesian models, which admit a large role for fiscal policy and contain a constant multiplier, the ultimate change in GDP from deficit reduction depends on the split between spending cuts and tax rises, and on the response of monetary policy.In any case, the political debate is somewhat misplaced.