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UBS added: The focus is now likely to shift back to growth generated from new acquisitions (around £1bn promised following the establishment of Broadgate joint venture).
It has been estimated that for sub-Saharan Africa, growth generated by agriculture is 11 times more effective in reducing poverty than GDP growth in other sectors".
According to this perspective, for most of human history, apart from growth generated by rising populations, no real increase in output per person was evident.
Through November, local governments had shed an average of 9,300 jobs each month this year, offsetting some of the job growth generated by the private sector.
Moreover, China's growth generated a commodity boom that spread prosperity across South America and parts of South Asia and Southeast Asia.
With treatment, matrix phase supersaturation was reduced, while widespread carbide nucleation and growth generated an expansive carbide skeletal network.
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"It shows we are determined to deliver this once-in-a generation opportunity to drive growth, generate jobs, and secure our country's future prosperity.
That's because revenue growth generates long-term shareholder value.
As Friedman points out, the idea that faster G.D.P. growth generates higher productivity growth (and higher wages) has historical support.
Growth generates legitimacy for China's government and guarantees social stability.
Companies with more organic growth generate higher shareholder returns than those relying on acquisitions alone.
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CEO of Professional Science Editing for Scientists @ prosciediting.com