Your English writing platform
Discover LudwigExact(13)
The official series shows that net trade reduced GDP growth in 2005 by a tenth of a percentage point, whereas it marginally added to growth on the basis of figures excluding the fraud.
After some stimulus in both areas, the eurozone governments also engaged in more and earlier budget tightening than the United States did; and the International Monetary Fund (IMF) has shown a clear relationship (Figure 6) between this fiscal tightening and reduced GDP growth.
As Professor John Van Reenen noted in a new paper last week*, the Office for Budget Responsibility calculated that austerity reduced GDP growth by 1 per cent in both 2010 and 2011, but he notes that recent research on the impact of government spending in recessions suggests that this "is likely to be an underestimate of the negative impact".
We find that Brazil's commitments will be met through reduced deforestation, and at no additional cost; however, Mexico's pledges will cost 4 billion US dollars in terms of reduced GDP in 2020.
From positive growth, sanctions have reduced GDP growth to —5% in 2013.
The Bureau of Economic Analysis estimated that the 2013 shutdown of 16 days reduced GDP for the fourth quarter of that year by 0.3 percentage points.
Similar(47)
This will actually reduce GDP.
"The corresponding real cuts directly reduce GDP.
Both policies will reduce GDP growth, they believe.
In this case each 1% of GDP of spending cuts would potentially reduce GDP by 2%.
Germany's shrinking workforce could reduce GDP growth by almost half a point.
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