Africa s Inclusive Growth Potential

So the growth potential is correspondingly larger.

That growth model has now almost exhausted its potential.

Without the inventory investment, the growth rate of final sales averaged less than 1 .

Russia s economy is now hostage to potential global growth.

The growth in construction was reflected in dramatic growth in the real estate industry, with the real estate market recording an annual sales volume of 245 million, representing a 68 per cent increase over 2003 sales.28

Unit labor costs have risen, and potential output growth has fallen.

Apart from this, there is enormous potential in the Indian sugar industry for producing surplus electric energy for outside sales.

In 2004, Didier Sornette, a professor of geophysics and a complex systems theorist at UCLA, using Amazon.com sales data, created a mathematical model for predicting bestseller potential based on very early sales results.

And, once created, they introduce the rigidities of default and bankruptcy processes, with their potential for fire sales and business disruptions.

Cuban cinematography also suffers from lack of access to major audio visual markets in the United States, seriously harming potential sales.

Most local forecasters now put Brazil s growth rates well below potential output.

Speakers expressed satisfaction over the increase in gross proceeds from sales of cards and products and asked if this was due mainly to growth in sales volume or price increases.

Not anymore. Although growth may exceed the Commission s forecast, there are reasons to be concerned about the eurozone s growth potential.

With economic growth continuing, the potential risk posed by this debt will diminish.

They are wrong, however, about Europe s prospects for achieving its restricted growth potential.

This is the kind of global environment that diminishes every country s potential growth.

Continued progress in these areas will increase the region's resilience and growth potential.

The Director a.i. responded that the increase in gross proceeds from sales was due to a combination of sales volume growth in both cards and gifts as well as higher prices.

Annual GDP rose by 3.2 and growth of final sales jumped to a remarkable 7.1 year on year rate.

This is not surprising, given the slowdown in consumption growth (car sales, for example, are suffering a prolonged decline).

The expansion of renewable energy production also holds great potential for boosting economic growth.

The software industry has been hailed as a potential engine for Egypt s economic growth.

We recognize the potential of South South cooperation in promoting economic growth and development.

Ethiopia s development potential is closely tied to seasonal rains, so high rainfall variation, together with lack of infrastructure, has undermined growth and perpetuated poverty. A single drought can cut growth potential by 10 over an extended period.

But a slowdown in China s economic growth cannot really be blamed for slower sales of luxury goods or empty malls.

Crises are typically associated with a drop not only in actual growth, but also in a country s growth potential, owing to deferred investment.

But the potential for explosive growth has usually been seen only in the manufacturing sector.

Economic growth in the United States during the first three quarters of 2010 was not only slow, but was also dominated by inventory accumulation rather than sales to consumers or other forms of final sales.

So here, too, the logic points to a vicious circle Slower growth leads to artificial remedies and further erosion of long term growth potential.

For example, all sales offices are rolled up to the sales department or sales division to anticipate sales trends.

But weak regional linkages limit small firms growth potential, forcing them to depend on state patronage.

Most emerging economies may be returning to growth, but they are performing well below their potential.

That growth of the labor force will raise potential GDP by only about 0.5 per year.

Given entrepreneurship s potential to drive innovation and GDP growth, supporting such efforts is in everyone s interest.

Structural reforms are also necessary in most European economies to bolster competitiveness and boost potential growth.

To a question about the decline in volume of card sales, where PSD had fallen short of its plan targets in recent years, especially in terms of sales by field offices, the Director replied that early indications showed a modest positive growth in sales volume in almost all markets for 2004.

Moreover, once a sufficient number of distressed entities sell their assets, prices will rise simply because there is no longer a potential overhang of future fire sales.

These gaps are problematic, but, as Lewis emphasized, they also constitute a potential engine for economic growth.

China s long term growth potential and that of the rest of developing Asia is not pre defined.

In this sense, China has a rare opportunity to expand its growth potential by stimulating domestic demand.

After all, advanced countries account for about two thirds of global GDP, so slow growth in these countries will inevitably impede global growth and truncate the growth potential of much of the developing world.

But that requires abandoning an anti growth mentality and using our enormous potential to create a brighter future.

By the end of his tenure, the rate was down to 1.5 , restoring the country s potential for growth.

These will be created when the volume of operations is low, but potential for portfolio growth is high.