The depression will continue, dimming prospects for economic growth throughout the EU and the eurozone.

CAMBRIDGE A year ago, economic analysts were giddy with optimism about the prospects for economic growth in the developing world.

But growth prospects remain grim.

In its latest Global Economic Prospects report, the World Bank cut its 2013 economic growth forecast for China from 8.4 to 7.7 .

Azerbaijan was pleased that on the whole the World Economic and Social Survey 2005 projected economic growth and favourable prospects for development.

The UN s World Economic Situation and Prospects 2007 cautions that a weaker housing market will undermine US growth.

Of course, Germans are not entirely wrong the crisis in Europe s periphery is weakening Germany s economic growth prospects.

In short, 2006 will be marked by mounting uncertainty about prospects for global economic growth, even as the distribution of the fruits of that growth remain dismally predictable.

The damage to Russia s economic growth prospects from the Yukos affair may yet prove temporary, barring a repeat performance with other companies.

Whether China successfully changes its economic model ultimately will determine its prospects not only for further growth, but also for continued stability.

In several advanced countries, including the US, growth and employment prospects are starting to diverge widely, endangering social cohesion and economic openness.

Tension and political instability will continue to overshadow prospects for steady economic growth and development in conflict zones, namely, Iraq and Palestine.

Moreover, the downgrading of growth prospects is remarkably widespread.

Economic factors also militate against Chinese prospects.

That, after all, is the point of Europe s straightjacket of austerity, which hampers its growth prospects, and thus makes little sense in economic terms.

Such measures are likely to boost Europe s medium term growth prospects.

Regardless of developing countries growth prospects, there is a deeper question.

But these challenges have not dampened optimism about Africa s growth prospects.

As growth prospects continue to weaken, they will have no choice.

As that reality sinks in, economic prospects darken.

The answer will powerfully influence global economic prospects.

High oil prices are set to dampen economic performance in the rest of the world as well, although growth prospects look better than in the US.

But policymakers continued to benchmark recovery prospects to pre crisis growth performance.

Presentation on the World Economic Situation and Prospects 2005

The reason is essentially the same throughout Europe slow economic growth implies few prospects for a better life, while the welfare state has failed to create jobs.

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

This misallocation of capital hampers any recovery and dims longer term growth prospects.

Policies supporting their growth are critical to prospects in the advanced economies, too.

A country's domestic growth prospects played a significant role in FDI site selection.

Growth pessimists have a point if they are wary about Europe s prospects for structural reform to raise the growth ceiling.

But what we should want to promote is the right sort of growth growth that won t ravage our future prospects.

Allowing it to expire without progress toward permanent stability would expose Europe to disruptions that would diminish significantly its prospects for long term economic stability, growth and job creation.

We are convinced that Africa's dependence on aid will diminish as growth prospects improve.

Noting with concern that, notwithstanding the current improvement, global economic growth has slipped since the adoption of the Millennium Declaration, with a negative impact on development prospects for developing countries,

Medium term growth prospects for the American and European economies range from moderate to bleak.

But the greater the fiscal correction and private sector deleveraging, the worse growth prospects become.

Science, technology and innovation are crucial inputs to the competitiveness and growth prospects of countries.

Science, technology and innovation are crucial inputs to the competitiveness and growth prospects of countries.

Central bankers speak different languages. They view economic prospects through different lenses.

But, by changing its economic doctrine, Europe can improve its prospects considerably.

Keeping those promises despite America s gloomy economic prospects will not be easy.

Increased access to technology is also crucial to improving nomads economic prospects.

Economic development differs from economic growth.

Indeed, while less ominous and dramatic than financial contagion, trade spillovers profoundly influence global growth prospects.

Long term sustainability of debt depends mainly on the growth and export prospects of debtor countries.