First, it depends heavily on rapid growth in foreign demand.

The issue of external debt is primary in its constraining effects on economic growth in Africa.

The peripheral countries might just experience enough growth to sustain their ambitious austerity commitments.

More resources should be provided for the development of the South and the problem of external debt must be addressed in all its aspects with a view to the reactivation of growth.

The impact on growth will almost certainly be negative, even if domestic demand compensates fully for the decline in external demand.

In principle, foreign demand, especially in high growth emerging markets, could make up some of the difference.

By limiting the study population to children in the other two groups, for whom exogenous growth hormone stimulates normal growth, researchers achieved a 100 relative treatment difference.

Indoor or outdoor?

With significant elements of the global economy and external demand facing headwinds, China s acceptance (so far) of a growth slowdown, while its new growth engines kick in, is a good sign, in my view.

A more desirable approach to rebalancing the global economy would be to promote growth in the developing countries and to reduce the dependency of global growth on debt financed demand and the external deficit of the United States.

A vicious circle of public finance deficits, current account gaps, worsening external debt dynamics, and stagnating growth can then set in.

External debt

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External Browsing

ExternalBrowser

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External driver

External cooperation

Faced with sluggish external demand, weak domestic consumption, rising labor costs, and low productivity, China depends excessively on investment to drive economic growth.

The second act will be about restoring growth prospects for the EU periphery, which will pose an even more difficult challenge.

The African Economic Community (AEC) endeavoured to harmonize the strategies of such groupings in order to ensure sustained economic growth, which nevertheless depended on adequate external financial support.

But slower growth in China can continue to sustain development only if the economy s structure shifts from external toward internal demand, from manufacturing toward services, and from resource intensive to resource light growth.

It is necessary because persistently weak global growth is unlikely to provide the solid external demand for Chinese exports that it once did.

Reinvigorated by two decades of rapid economic growth and a broad based opening to the outside world, Vietnam is now an emerging player in regional economic and security affairs.

(d) Conducting studies on member States' policies on growth, economic reforms, domestic resource mobilization, international financial flows, external debt and exchange rate management

In 1992, for example, the real growth rate of the gross national product of African countries was only 1.5 per cent, in other words half the rate of population growth, whereas external debt had climbed to more than 288 billion.

Sustainability of public debt has replaced sustainability of private debt as the biggest threat to financial stability, and the focus of debate about the US current account has shifted from the sustainability of foreign debt to the impact of reducing the external deficit on growth and employment.

External public debt

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III. THE EXTERNAL SECTOR

V. EXTERNAL SECTOR

Committee for Foreign Liaison and International Cooperation

OUTER SPACE AFFAIRS

OUTER SPACE AFFAIRS 219

15. External debt

That's its outer membrane.

External funding for science

Impertinent but I like it.

We'll float it in our pool.

It was therefore essential and urgent that the external debt problem should be addressed within the framework of a global initiative, so that available resources and liquidity could be used to promote economic recovery and growth.

Half of India s growth has come from private consumption, and less than 10 from external demand by contrast, 65 of China s real GDP growth comes from exports, and only 25 from private consumption.

Floating

The European Central Bank should ease monetary policy in order to weaken the value of the euro and bootstrap the periphery s growth.