Strong economic performance reflects strong domestic demand in the US, owing to low borrowing costs and rising asset prices.

Moreover, with the dramatic exception of Yugoslavia, it was carried out peacefully, which contributed to strong economic performance.

With a low growth ceiling, strong economic performance generates inflationary pressures at a relatively early stage in the growth process.

In Japan, solid economic performance remains elusive, while prime ministers succeed each other at a breathtaking pace.

The PIIGS debt burden is so high that robust economic performance is next to impossible.

However, even continued strong performance by Asia s emerging markets is unlikely to be enough to secure a strong global recovery.

TUNIS Like a long dormant volcano that suddenly erupts, the revolutions that have swept across North Africa against a backdrop of strong economic performance took all by surprise.

Even Germany is performing better.

Whether it is a permanent or temporary adjustment, the Chinese authorities have much work to do in laying the groundwork for strong economic performance in the medium and long term.

Strong economic performance is somewhat surprising, given his party s interventionist policy approach, but Meles showed himself to be a consummate pragmatist in attracting investment particularly from China to drive growth.

China's leadership plays up this revolutionary commitment, for it helps generate nationalist sentiment, one of the few things (besides strong economic performance) that legitimizes the Communist monopoly on power.

An undervalued currency enables an economy to integrate into the world economy on the basis of strong export performance.

The weakness in Latin America s education systems reinforces a less rosy view of its economic success in recent years one that attributes strong performance mainly to favorable external conditions, not improved productivity.

A strong, durable economic recovery would make such an approach workable.

It also puts at risk Turkey s robust economic penetration into Arab markets.

Furthermore, the continuation of strong trade performance can be thwarted by adjustments to global imbalances or by rapid increases in oil prices.

Budget projections for 2005 point to continued strong total revenue performance, with an increase of 8.4 per cent above 2004 levels.

At the same time, economic performance depends to a considerable extent on economic policy.

In short, the stimulus will strengthen America s economy, but it is probably not enough to restore robust growth. This is bad news for the rest of the world, too, for a strong global recovery requires a strong American economy.

The IMF recently established the Short Term Liquidity Facility to help strong performing members facing temporary liquidity problems.

The very existence of decoupling arguments is a warning that they should be concerned about the continuing robustness of Europe s economy.

Many Americans will reject Bush this November because of the poor performance of the economy or the quagmire in Iraq.

These attitudes also largely echo their less convincing economic performance.

Impressive economic performance enabled the region to invest in human and infrastructure development.

Resumption of robust world economic growth is the basis for delaying the implementation of the Basel III bank rules.

Indeed, the logic of fiscal consolidation requires those economies that have recovered strongly to phase out their recovery efforts, while those that have not continue such efforts.

Moreover, the international situation for Argentina is highly favorable, with excellent terms of trade guaranteeing strong performance for producers of raw materials.

In other words, a central bank s primary responsibility is not to preserve the health of the firms that make up the banking sector, but rather to maintain the robust functioning of the economy as a whole.

One can argue that economic performance would have been even better with less government intervention.

Current conditions are keeping economic performance well below potential.

As president, he talked of economic performance as if it could be improved by decree.

It is an environment that will produce deep disparities in economic performance around the world.

Expanded measurement of the dimensions of economic, social, and environmental performance is necessary to broaden awareness of sustainability issues.

Outside efforts can help reduce poverty, but it is, ultimately, the efforts of low income countries themselves to sustain strong economic performance, improve governance, and develop stable and effective institutions that will have the most important impact on reducing poverty.

Nor has high taxation in the Nordic countries impeded economic performance.

This is bad news for the rest of the world, too, for a strong global recovery requires a strong American economy.

They know that relatively calm markets do not mean that strong economic growth is around the corner.

After all, a currency can appreciate while an economy is sluggish, or depreciate despite robust growth.

It is the sort of pretense of knowledge that the economist Friedrich von Hayek denounced as a recipe for constraining freedom and ensuring economic mediocrity.

BEIJING The slowdown of China s economy has captured the headlines in recent weeks. Whether it is a permanent or temporary adjustment, the Chinese authorities have much work to do in laying the groundwork for strong economic performance in the medium and long term.

According to estimates by the United Nations, the global economy expanded by 3.8 last year, continuing the strong performance recorded since 2003.

Much of that remarkable economic performance is built on the industries of the low carbon future.

Economically, the United States, the eurozone, the United Kingdom, and Japan are all idling.

However, the overall impact of the disaster on economic performance in the region in 2005 is likely to be small.

(c) Asia and the Pacific There is a wide disparity in economic performance among developing countries in the region.