But wages have grown at a far slower pace than GDP.

There is nothing radical in calling for slower population growth.

Then Yeager told him to try again, this time a bit slower.

You say, Mr. President, that you will do it at a slightly slower pace, but I hope that it will only be slightly slower than the pace I have just suggested as being needed.

It is not only China and India that are growing faster. Central Europe, Central Asia, and the violence ridden Middle East are growing faster, too.

Periods in which trade grows at a slower pace than output are rare, and reflect severe strain on the global economy s health.

I think it is for the Council to decide, perhaps at a slightly slower pace, how it can react to that.

As people become richer, their consumption grows more slowly than their wealth.

Older trees, while growing much slower, still do so faster than other trees.

Fiscal consolidation therefore requires additional revenue as well as slower growth in entitlement spending.

Without the significant expansion in US Chinese trade and financial relations, China s growth would have been much slower and more difficult to sustain.

It is premature, of course, to conclude that a services led transformation to slower growth is now at hand.

Moreover, any investment growth is vital for Germany, which, according to the latest OECD statistics, currently suffers from the world s lowest share of net investment in national income. Even if Germany remains the world s laggard, rising investment demand as such will contribute to GDP growth, which Ifo estimates at 1.7 in 2006.

NEW HAVEN At 7.7 , China s annual GDP growth in the first quarter of this year was slower than many expected.

However, job growth was slower than 2002, when 585,000 new jobs were created (3.9 percent growth).

In spite of recent developments, retailing continues to be one of the least developed industries in India, and the growth of organized retailing has been much slower than in the rest of the world.

They have grown more slowly, and with greater inequality just the opposite of what one would expect.

This increases developing countries exports and reduces their import demand (or increases it at a lower rate than export growth).

Admittedly, the problem is worse in the government sector, where productivity growth is much slower even than in other service industries.

Likewise, food scarcity is a growing problem for Asian countries, with crop yields and overall food production growing more slowly than demand.

Inequality trends among households at the global level were less clear because of the recent rapid growth in East Asia, especially in China and India, and the relatively slower growth seen in parts of Europe and in Japan.

Their average income has grown, but more slowly than the 8 10 annual GDP growth rate of the past 20 years.

The economy therefore limped along year after year, with real GDP in the final quarter of each year less than 2 higher than it had been a year earlier. Employment grew more slowly than the population, and annual real wage increases averaged only about 1 .

Less well known is that a rebalanced China should have a slower growth rate the first hints of which may now be evident.

Some of the minds in this audience are super elastic, others are a little slower, others have a few stretch marks, but nonetheless this is a quite exceptional audience from that viewpoint.

Assuming slower growth in the labor force than in the past decade, no rise in productivity due to capital accumulation, and a decline in multifactor productivity growth to its pre 2000 average implies that annual potential GDP growth will be only 1.4 .

But the response is slower elsewhere.

This means that the Chinese economy can achieve its all important labor absorption objectives employment, urbanization, and poverty reduction with much slower GDP growth than in the past.

The population growth is still continuing, but at a slower rate.

Chronic eosinophilic pneumonia usually follows a slower course.

Indeed, since 1991, when a balance of payments crisis loomed, India has been shedding its socialist legacies and posting 7.5 average annual GDP growth only marginally slower than China.

The problem is more than just the tendency of productivity to grow more slowly in services than manufacturing. Service sector productivity growth in formerly manufacturing heavy Asian economies has been dismal by international standards.

A rebalanced China can grow more slowly for one simple reason By drawing increased support from services led consumer demand, China s new model will embrace a more labor intensive growth recipe.

But the challenge for them is much bigger and the process slower.

The onset of action of subcutaneous insulin glargine is somewhat slower than NPH human insulin.

Germany, the laggard of Europe for many years, is expected to grow by about 3 or more this year, while the average of the EU 15 (and the EU 27) stands at only 1.1 .

The system is too slow to write the disc at this speed. Try a lower speed

The current US stimulus has been much slower to enter the economy than promised.

Little by little I will drive them out from before you, until you have increased and inherit the land.

By little and little I will drive them out from before thee, until thou be increased, and inherit the land.

Admittedly, the problem is worse in the government sector, where productivity growth is much slower even than in other service industries. Whereas this might reflect the particular mix of services that governments are asked to provide, that can hardly be the whole story.

Back in the early 1990's, American officials like me who were making long term forecasts for the Clinton administration cautioned that it would be rash to forecast an average long run growth rate of more than 2.5 per year and that actual growth might turn out to be even slower.

Let's wait a while.

The European Central Bank, reflecting a strong inflation concern, has responded more slowly.

As firms shed workers during the economic downturn, output fell more slowly.