Faced with the trade off between economic growth in the short run and over the medium to long term, these central banks are opting for the latter.

Iran's near term political future remains unclear.

Price deflation is far more likely in the near term.

By looking at these two pictures, I say no, it won't overtake China for a while.

It's not easy, it's long overdue, and it needs to start sooner than later even if strong arm tactics that will probably be involved may cause more trouble in the short term.

The short term will be a miserable time, but I think on the long term things will get better, although with a very high price in blood.

That trend will continue and increase in the near term as Iraqi security forces become more and more capable.

In a longer term perspective, competition helps domestic companies to grow, modernize and diversify, and it speeds up the learning process.

Input output analysis assumes that input proportions between different economic sectors are fixed and do not change significantly in the short term.

While these bullets can be pushed off course at long range, they are so powerful at close range that not even Lucy can stop them.

Profitability its ability to earn income and sustain growth in both the short and long term.

Public institutions are likely to remain only partially able to finance and implement large scale social assistance programmes in the near term.

But a revival of economic growth in the short term is unlikely.

The events of recent months have exacted a heavy short term economic toll, but they have potentially far reaching long term implications.

In the very near term, certainly indeed, interest rates could still fall further. Over the longer term, however, this situation is definitely not stable.

So, yes, government spending provides a short term boost, but there is a trade off with long run secular decline.

Some of their design philosophy is focused on using current or near term existing launch vehicle systems, permanent human settlement, conceptual EDL systems and enhanced surface ISRU.

To revive growth in the short run, India must improve supply, which means shifting from consumption to investment.

This will not be a short term crisis, so we cannot think only in the short term in formulating our response.

Thus, nothing dramatic will happen to the RMB exchange rate in the near term unless something dramatic happens.

Within this global design, the United States believes that the development of an Indian Ocean part of the global warning system should be a top near term priority.

On the side of those who oppose, there are two quite evident arguments that this is a sacking of a lot of Argentineans' retirement contributions, and the only reason for this change is to increase the government's revenues in the short term.

One way or the other, the financial crisis is likely to slow medium term Chinese growth significantly.

In the longer term, a flexible and effective legal framework for security rights could serve as a useful tool to increase economic growth.

In addition, shocks such as the tsunami disaster and avian influenza can have a significant impact on short term growth.

Is this extraordinary situation stable? In the very near term, certainly indeed, interest rates could still fall further.

China s economy is prone to rapid growth, with buoyant investment demand sustaining powerful short term inflationary pressures.

America faces long run and short run problems decaying infrastructure, weakening educational systems, and a dysfunctional health care system that produces sub standard outcomes at twice the cost of any other industrial country.

Devaluation of the dollar could improve US competitiveness in the short run, but it is not a solution.

Finally, as is true in many of the advanced countries, weak demand constrains Italy s short and medium term growth.

The bottom line is that deleveraging will ensure that growth will be modest at best in the short and medium term.

With lower and more realistic growth forecasts, fiscal deficits in the short to medium term are viewed as more dangerous.

Iran's near term political future remains unclear. How reformists regroup, and how the youthful Iranian populace reacts, depends largely on the path the conservatives take.

In short, the medium term benefits that emerging economies could receive from faster growth in the US are now being swamped by short term risks generated by the capital tsunami, as Brazilian President Dilma Rousseff has called it.

But the political reality is that China s government favors rapid growth in the short run over the structural reforms needed to sustain long term economic performance.

Investors willingness to make capital available over the longer term for infrastructure development, job creation, and economic growth depends on their perceptions of various kinds of risk.

This may still look small, but it is hardly a trivial sum in view of the short term growth outlook in the developed world.

The first is between austerity and growth that is, short term deficit reduction and additional fiscal stimulus.

Restoring growth in the short term while addressing debt problems in the medium and long term may well be the only valid response to the crisis.

In the short term, while Kadima will get fewer votes without Sharon at the helm, some voters will be swayed by sympathy for the stricken leader.

Near term nuclear growth remains centred in Asia and Eastern Europe, which together account for 22 of the 24 units now under construction.

The judiciary, both national courts as well as magistrates', local and chiefdom courts, will continue to be severely strained in the near future, but would benefit in the near term from both additional logistical assistance and support for community based, including traditional, means of dispute resolution.

Savvy investors, like frustrated voters, recognize that low growth and high unemployment actually enlarge deficits and add to debt in the short run.

Companies are increasingly recognizing the central role that sustainable development plays in their long term success when markets grow, companies benefit from that.

With the dollar s hegemony unlikely to be seriously undermined by market forces, at least in the short and medium term, the only way to bring about a major reduction in its role as a reserve currency is by international agreement.