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Sir John Hicks, a British economist, argued that the increased liquidity of capital markets and not technological innovation was the critical new ingredient that ignited growth in 18th-century England.
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Advocates say joining the pact would open Japan's economy to competition and increase momentum for deregulation to ignite growth.
Second, he believes that government policy in all three countries has been geared towards re-igniting growth.
Seeking to ignite growth with products appealing to more than the athletic and aggressively outdoorsy, the nation's bicycle makers are exploring the commuter bike.
If the overhauls fail to ignite growth, the aggressive government measures and spending could come back to haunt Japan, dealing a heavy blow to its already stretched finances.
He reiterated economic proposals familiar from the primary season — lowering tax rates and cutting government from 25 percent of the economy to 20 percent, which he said would "ignite growth".
[C4.] A Bicycle for Pedaling to Work Seeking to ignite growth with products appealing to more than the athletic and outdoorsy, bicycle makers are exploring the commuter bicycle, an inexpensive and comfortable vehicle for getting to work and back.
If the current downbeat mood of the markets persists, it could eventually present central bankers with a difficult choice: lower interest rates to re-ignite growth, which could also threaten to re-ignite inflation, or raise rates to fight inflation, which could smother growth.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com