Lag

However, domestic demand will retain some of its momentum and will partially compensate for the slowdown in the exports of the region's net fuel importing countries.

Over the next decade, growth in this kind of developing country demand will help offset the slow growth of demand in industrial countries.

As food supply growth slowed, demand continued to grow, and not only due to population increase.

Long Live China s Slowdown

A. The slow down in the number of returns . 48 52 13

Moreover, two thirds of the decline is attributable to slower investment rather than slower consumption.

A. The slow down in the number of returns

Thus, there is a global slackening of aggregate demand relative to the glut of supply capacity, which will impede a robust global economic recovery.

Savings could remain high, even as current consumption grows slowly, while the trade balance would be held in check by higher demand for imported capital goods.

Weak external demand is partly responsible for the falloff in growth, but internal factors namely, slowing investment and stagnating consumption are also holding back economic expansion.

So, even as growth slowed, the central bank raised interest rates in order to rebalance demand and the available supply, causing the economy to slow further.

Import demand within the developing economies is unlikely to compensate fully for the slowdown in the developed economies, but China will continue to be an important determinant of trade performance for most parts of the region.

Indeed, its sluggishness has confounded even the experts.

Slowing up production on oil raises the price.

The price fall represents a return to more normal conditions after the overheating of the market in 2004, and reflects the fact that demand growth has slowed in most parts of the world while supply has continued to increase.

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

Slower growth means less revenue, and a faster downward spiral.

The Slow Movement advocates a cultural shift toward slowing down life's pace.

a slow down in offshore petroleum exploration activity.

Nevertheless, there have been substantial lags in other important sectors.

Gains in inflation adjusted personal consumption expenditure have averaged a mere 0.8 over the past five years the most severe and protracted slowdown in consumer demand growth in the post World War II era.

As European growth slows, so will inflationary pressures.

The financial crisis may slow this trend.

The most immediate threat is the slowdown in the advanced economies.

But, with the economy slowing, it has become a model in need of renewal.

The second reason for India s slowdown stems from the global financial crisis.

He has continuously stressed the need for slowing population growth.

China s real estate investment accounted for 10 of GDP, and slower investment growth in the sector necessarily reduces import demand, directly and indirectly.

Trade in the 1990s has been growing much more slowly than in the second half of the 1980s, and on the whole that means slower growth in demand for many of the export products of developing countries.

A growth slowdown is hardly shocking for an export led economy.

But the price for protecting workers and firms was slower growth and higher unemployment.

Even the pessimists are speaking only of lower positive growth.

Those hoping for large deficit reductions will be sorely disappointed, as the economic slowdown will push down tax revenues and increase demands for unemployment insurance and other social benefits.

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