The Emerging Market Growth Engine

Growth is the main engine that drives development.

Reaffirming the importance of trade as an engine for growth, development and poverty eradication,

Growth is an important poverty reducing force, and trade is the engine of growth.

The pivotal role of trade as a veritable engine for economic growth cannot be overstated.

Thailand recognized the importance of international trade as an engine for sustained economic growth and development.

We must resolve to transform international trade into an engine of growth.

The representative of Azerbaijan stressed the central role of trade as an engine for growth, development and poverty eradication.

Tourism, which has been the engine of our national economic growth for the past three decades, has suffered a sharp decline.

We are fully cognizant that only trade can be the engine of growth and development.

Evidence shows that investment by TNCs can be an engine of economic growth in host economies.

Although not an end in itself, trade can serve as an engine of sustained growth and development.

As growth in Europe, Asia and emerging markets is mostly not encouraging, the United States is increasingly becoming the main engine of global economic growth.

The Gulf Cooperation Council countries witnessed record growth rates offering them an opportunity to be the engine of economic growth that fosters region wide development.

This required the implementation of programmes to ensure that FDI fulfilled its role as an engine of growth.

The Monterrey Consensus rightly identifies trade as the engine for economic growth and calls for a more open, equitable, rule based, predictable and non discriminatory trading system.

Development assistance is a catalyst for growth, but the primary engine for economic expansion and transformational development is sound policies at the national level and accountable government.

The new Iraq wants to become a source of stability and an engine for growth in the region, and harbours no hostile intent against anyone.

In a small market scenario much as in Costa Rica, small businesses are very important as an engine of growth.

Interestingly enough, in other countries, it will be the Minister of Finance who sees it as an engine of economic growth.

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On balance, then, the multispeed growth patterns of the past decade are likely to continue. Even as the developed economies experience an extended period of below trend growth, the emerging economies will remain an important growth engine.

In China, for example, rapid economic growth after the late 1970s was associated with a significant rise in inequality. Roughly half of the increase was the result of urban rural earnings gaps, which also acted as the engine of growth.

Trade facilitation as an engine for development

Among the group of developed countries, the United States of America was once more the main engine for global growth, with real GDP increasing by more than 4 per cent.

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Topic Trade facilitation as an engine for development

Small and medium enterprises (SMEs), customarily considered the engine of economic growth in the developing countries, find it difficult to attract investors and access technology.

China s rebalancing is apparent, first and foremost, in the export sector. Export growth has slowed from its 2001 2008 average of 29 annually to below 10 , making foreign demand a far less critical engine of growth.

Trade, as an engine of growth, was a critical factor without a timely and satisfactory outcome to the Doha Development Agenda, developing countries could not achieve the economic growth needed to meet the Millennium Development Goals.

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Expert Meeting on Trade Facilitation as an Engine for Development

International trade is an incredibly powerful engine for sustainable development.

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And the other is that there is an incredible opportunity if we choose the right wireless technologies how we can generate a new engine for economic growth and dramatically reduce C02 in the other sectors.

Think of a car that can and should achieve great performance based on its strong internal engine. Egypt is capable of speedy economic growth and durable financial health.

For domestic demand to act as an engine of growth, policies should shift resources from investment to consumption. While the magnitudes involved are huge, they must be attained if an extended period of low growth, high unemployment, and declining living standards among the world s poorest is to be avoided.

Agriculture is considered to be an engine for the Doha round.

Fixed asset investment is the most important engine of China s growth. As a developing country with annual per capita income of less than 5,000, there is still significant room for China to increase its capital stock.