The gap between actual and potential GDP is thus a gauge of an economy s spare capacity. The distinction is also useful for policy purposes weak potential growth cannot be addressed by demand side initiatives supply side measures are needed.

Both contribute to aggregate domestic demand, and the structural shifts on the supply side will be driven by the right mix of aggregate demand, with the low return component on the investment side removed.

The mobilization of the demand side of the sustainable tourism equation is crucial.

Both views accept that the central source of weak aggregate demand is the disappearance of demand from former borrowers.

One key to the US economy s future is household demand.

Demand for luxury goods is booming, alongside weak demand for goods and services consumed by lower income groups.

However, demand remained high due to the ongoing military preparations of the opposition.

Against this background, South Korea s new growth strategy should aim to achieve both a demand side rebalancing and supply side productivity increases.

A labor policy favorable to workers and unions revived Wage Councils for setting pay.

Crucially, monetary policy measures do not address the underlying problem of lack of demand.

Emerging market demand has pushed up commodity prices.

The structure of demand by consumers is different from the jobs that workers are capable of filling.

On the demand side, subsidies should focus on helping families choose from the entire housing market.

But if effective demand is adequate, average skill and average good fortune will be enough.

Real demand for migrant workers in member States, by sectors of the economy, over the past five years

The GM has supported its demand side focus in part through the provision of catalytic resources from its own budget.

It is not just politicians who have failed to provide leadership here.

What is needed is a conscious, deliberate return of US foreign policy to multilateralism.

These measures, plus a reduction in tax revenues, should reduce the primary surplus and contribute to reviving demand.

With private sector demand still weak, austerity is slowing, not accelerating, recovery.

The task for economic policy was to compensate for the resulting shortfall in private demand until households eventually recovered.

Today it is clear that hardly any aspect of this policy has succeeded.

In March 2003 the inventory of policy envisaged by the emancipation and integration' plan of action was presented to parliament.

Reductions in the natural rate of unemployment must, according to the concept, be achieved through structural policies directed towards an economy's supply side.

Sovereign obligations, such as bonds, are commonplace in the capital markets, and demonstrate strong investor demand and confidence.

In response to this request, a task force was established by OECD to deal with the issue.

The independent evaluation recommended that the GM rethink its choice to focus on the demand side of financial resource mobilization.

The usual monetary policy response of lowering interest rates is unable to reverse this sharp drop in demand.

Hamas finds itself in a difficult position, since its policy calls for strong resistance, alongside politics.

Lower government spending, together with tight monetary policy, are contributing to greater price stability.

This latest round of monetary tightening in China reflects the authorities growing concern over liquidity. In 2009, M2 money supply (a key indicator used to forecast inflation) increased by 27 year on year, and credit expanded by 34 .

What is required is easy fiscal policy today, together with plans to achieve fiscal rectitude in the long run.

The Obama administration therefore turned to fiscal policy tax cuts and a range of spending programs.

On the supply side, permanently lower output makes fiscal adjustment even more compulsory but, on the demand side, a weak private economy lacks the resilience needed to weather fiscal retrenchment.

While there is no quick fix to these problems, the fiscal policy imperative is clear. The US economy needs a second round of fiscal stimulus in the short term to make up for low private demand, together with a credible long term fiscal consolidation program.

The key problem in times like these is that investor demand for safe, secure, and liquid assets and thus their value is too high, while demand for assets that underpin and finance the economy s productive capital is too low.

Demand side, as well as supply side, projects shall be taken into consideration, provided that a project activity results in a reduction of maximum 15 gigawatt hours (GWh), as illustrated by figure 1.

The only way to meet growing demand was to use OPEC s spare capacity and commercial inventories.

In addition to becoming bolder and more expansive, it has become increasingly intertwined with fiscal policy.

What is needed are constraints on fiscal policy by each country, not a supranational fiscal authority.

Strong global demand, owing to emerging economies like China, has undoubtedly fueled some of the price increase.

Overcapacity vanished, constraints on consumption were lifted, and a dramatic increase in household demand followed.

The increased profits are not a result of their mining prowess, but of China s huge demand for steel.

German multinationals like Siemens and Daimler are ratcheting up investment to meet both emerging market and domestic demand.

3. In the event that the recommendations made by the joint body and accepted by the Secretary General are unfavourable to the applicant, and insofar as this is the case, the application shall be receivable, unless the joint body unanimously considers that it is frivolous.