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Holding other things equal, a rising dollar and a growing external deficit should reduce expected nominal output growth.
A recent report by the World Bank describes how the growing external deficit reflects a decline in the rate of private-sector saving.
Although discredited – in 2010 a Health Select Committee called it "20 years of costly failure" – the internal market was retained, paving the way for a growing external market in healthcare.
But now growing external imbalances threaten to spark a currency crisis.In a surprise move on April 12th, Poland floated its currency, the zloty, which had previously traded in a band linked to the dollar and the euro.
Another worry, analysts say, is that a resumed insurgency will distract the Philippines' armed forces from growing external threats posed by Chinese military expansionism in the South China Sea (known in Manila as the West Philippine Sea) and maritime piracy across south-east Asia.
With an increasing number of self-pick-ups we again observe growing external and shrinking operational costs.
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If we define "currency war" as the extent to which an economy is interested in growing its external surplus, the euro zone may be the most belligerent economy of all.In the end, the picture that could be developing is one in which American demand, as has so often been the case, is the bedrock on which a global recovery is built.
The classical model on erosion combustion of energetic materials explains the phenomenon of increasing the combustion rate with growing an external hot flow speed only by heat effects caused by turbulence of the flow.
— How we grow engagement — external traffic, page views, time spent.
Lai said the company now has more than 100 employees and has grown without external equity funding.
Not far down the track might be the capacity to grow some external organs (such as the nose or ears) in molds that could be used in reconstructive surgery.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com