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The growth gap is widening between large and small companies.
After a year in which the euro area has trailed America, the growth gap is thus expected to be negligible.
It is also partly due to the growth gap between vibrant emerging economies and stagnant rich ones.
Much of the growth gap with America is accounted for by "market services"—ie, retailing, transport, finance and business services.
Many economists predict that the currency will weaken more as the growth gap between the core and peripheral states creates further disharmony.
The growth gap between the core and peripheral economies, based on data released so far, stood at just 0.1 percentage points.
Similar(39)
It will also be harder to balance the federal budget because the 1percentt growth gap means the loss of $93 trillion from our federal coffers through 2052.
Jonathan Anderson of UBS points out that even if you exclude China and India, emerging economies grew some four percentage points faster than rich economies during the recession, about the same growth gap that existed before the crisis.
The size of the wage growth gap started accelerating in the early 2000's, and has been increasing steadily ever since.
The CEO and the staff executive should be jointly responsible for closing the company's growth gap: the difference between the increase in revenue that the core businesses can attain through normal activities including incremental growth initiatives and the increase in revenue needed to raise the company's stock price.
It will not correct itself and it stands to reason that the productivity/employment growth gap will widen more quickly as the Digital Age enters the Internet of Things era.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com