Your English writing platform
Discover LudwigExact(14)
But the official forecasts envisaging very rapid GDP growth in 2011 and beyond are much too optimistic.
The previous government, an oddball coalition, frittered away the chances offered by rapid GDP growth (6.5% in 2007) to restructure public finances.
And Britain is far from the only country to have discovered in the past two years that a record of rapid GDP growth does not guarantee long-term prosperity, let alone fairness or environmental sustainability.
China and India have been helped by rapid GDP growth, but even slower-growing countries like Nepal and Bangladesh have fostered human development by making progress in health and education.
China and India have been helped by rapid GDP growth, but even slower-growing countries such as Nepal and Bangladesh have fostered human development by making progress in health and education.
This pace does much to explain the country's rapid GDP growth, of 11.3% in the year to the second quarter.This investment is largely financed by companies' retained earnings: indeed, firms, not China's thrifty households, are now the country's biggest savers (see chart).
Similar(46)
This would reduce import prices of food and raw materials and also curb the build-up of liquidity as a result of rising foreign-exchange inflows.Unless checked, excessive monetary growth combined with over-rapid GDP growth could eventually lead to more general inflationary pressures.
When the shackles of the Gold Standard were loosened, the economy sprang back at an extraordinarily rapid pace; GDP grew by 11% in 1934.The fingerprints of tight monetary policy are less obvious this time around, but they are there nonetheless.
According to the Consortium for Research on Educational Access, since the year 2000, the trend has been for production of goods to follow the supply of workers, with China and India making rapid gains in Gross Domestic Product (GDP).
All have enjoyed rapid growth in GDP per person.
The first is a rapid deceleration of GDP growth – below, say, 7%.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com