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"Huge amounts of capital have been allocated to shift growth, but there's been very little change," he says.
But the government is continuing its campaign, begun after Asia's economic crisis, to shift growth from an earlier dependence on exports and foreign investment inflows to domestic spending.
Nevertheless, in the long run, a stronger yuan would benefit China's economy and the world's by helping shift growth from investment and exports towards consumption.
At a conference this week, Chinese officials called the investment in western China a strategic move, designed to raise the living standards of the region's people and shift growth away from China's prosperous coastal areas.
Stronger currencies would also shift growth from exports to domestic demand and increase households' real spending power and help ward off protectionists in the West.Hubris is the big worry.
They need more flexible exchange rates, which would not only prevent a further excessive build-up in reserves, but also help to shift growth towards domestic demand and away from exports.
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We derive a law for upshifts using an optimal resource-allocation model: the post-shift growth rate equals the geometrical mean of the pre-shift growth rate and the growth rate on saturating carbon.
Shifting growth from one place to another CAN have a public purpose, helping disadvantaged residents access opportunity.
Shifting growth towards domestic consumption would help lift growth within China and around the world, economists say.
In the early 70's, a section of Interstate 295 cutting through the county opened, shifting growth eastward to the south central portion of Burlington County.
The results of this study indicate that shifting patterns of herbivory will likely influence species composition as environmental conditions change in the future; however, a simple trade-off between shifting growth rates and palatability is not evident.
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