Exact(1)
A society experiencing economic growth is likely to be happier and more successful than another that is not, even if the no-growth society has achieved a higher (but stagnant) standard of living.
Similar(59)
That's serious enough, and indeed we are seeing unrest in Brazil over stagnant living standards.
Practically everything he said about rising inequality, stagnant living standards, and Tory attacks on the needy and jobless was accurate.
For two decades, many western economies have suffered stagnant living standards for most workers and high unemployment.
For a long time, you had rising inequality, fairly stagnant living standards, a lot of problems adjusting.
President Kurmanbek S. Bakiyev was ousted in April after violent public demonstrations over stagnant living standards and corruption.
The OECD fears that weak growth, stagnant living standards and rising inequality are eroding support for globalisation and making it harder for governments to pursue structural reforms.
In a fresh effort to blunt Labour's attack over stagnant living standards, the prime minister insisted there were positive signs that take-home pay was starting to rise.
It's not hard to see why both struck a chord: a tepid global economy, high unemployment, stagnant living standards and trickle up to those at the top have created an environment of sullen unease.
In a country suffering weak productivity, low skills, ineffectual unions and stagnant living standards, the road haulage industry offers a depressing example of industrial inertia meeting the anti-intervention dogma of government.
… It is no secret that the past few decades of widening inequality can be summed up as significant income and wealth gains for those at the very top and stagnant living standards for the majority.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com