Total growth rate

(THOUSANDS) AVERAGE ANNUAL GROWTH RATE TOTAL POPULATION

With a few exceptions, its growth rates have been below the growth performance of total goods exports.

The total credit line amounted to US 60 million in March 1998, benefiting 10 local banks.

Evidence shows that growth in ICT goods and services trade has been higher than growth in total trade.

In the last two years, credit grew almost twice as fast as GDP, and total social financing grew even faster. Yet GDP growth slowed considerably from an annual average of 10.2 in 2002 2011 suggesting that China may be moving closer to a medium to low speed growth path.

As of this year, 1 of GDP growth is consistent with more than 3.5 of credit growth. China s financial sector is now increasingly feeling the strain of this rapid credit growth, which has led to overcapacity in favored sectors and mounting debt problems for local governments, SOEs, and banks.

Table 1.6 Total birth rate and population growth rate in Viet Nam ( )

The agricultural sector presently represent 21 of absorption of the total credit made available to the Mozambican economy.

A total of 283,000 new jobs (1.8 percent growth) were created in 2003.

Adding the preceding budget and resource growth yields quot total before recosting quot .

It is one of the sectors which have recorded the greatest annual growth in recent years, easily outstripping total GDP growth.

Over the span of 2001 2004, a total of 4.6 billion tenge in credit resources were allocated from the Republic budget for the Corporation for subsequent lending to rural credit associations.

Total sales volume set a new record while growth returned to the acceleration track

Clogged credit pipes With banks balance sheets contracting, too many small and medium size companies are unable to mobilize credit for investment and growth. Recognizing that it will take years until banks are properly stabilized, America needs to build new conduits for credit.

However, with a growth rate significantly higher than for total retail trade, the share of e commerce in total retail trade is also growing.

Contributions to the trust fund to date total 54,224 in cash and 67,000 in the form of a letter of credit.

Contributions to the trust fund to date total 54,224 in cash and 67,000 in the form of a letter of credit.

In 1997, lending remained at about 19 per cent of the total assets, reflecting a depressed demand for credit by investors.

But, while the CN 4 trillion stimulus package propped up growth temporarily, return on investment was deteriorating, because potential growth was already lower than actual growth. As a result, credit demand was relatively weak in many cases, commercial banks had to persuade enterprises to accept loans, with a large proportion of the credit ultimately devoted to chasing assets in the capital market.

Before the crisis, credit expansion in China kept pace with GDP growth. Since the end of 2008, however, credit amounting to 35 of GDP has been issued annually, causing the credit to GDP ratio to soar from less than 150 before the crisis to 250 today.

Nonetheless, the rate of decline in private sector loans has accelerated over the last year from 0.6 to 2 and low demand is acknowledged to be the main driver of depressed credit growth. Simultaneous private deleveraging and fiscal consolidation are restricting eurozone growth far more than remaining restrictions on credit supply.

Credit Where Credit is Due

Of the total, 63.2 were granted for the acquisition of housing and the remaining 36.8 were for improvements and other lines of credit.

In the year 2004, the total amount of credit provided is 6,316.85 million baht, of which 87.59 per cent of the beneficiaries are women.

A sixth option especially where a country has carried out partially sterilized intervention to prevent excessive currency appreciation is to reduce the risk of credit and asset bubbles by imposing prudential supervision of the financial system. This should be aimed at restraining excessive credit growth, which the monetary growth that follows currency intervention would otherwise cause.

Second, the financial system both banks and non bank institutions is severely damaged. Lack of robust credit growth will hamper private consumption and investment spending.

13. A total of 54 letters of credit for humanitarian goods have been approved or issued pursuant to resolution 1111 (1997), which amount to approximately 473,316,000.

Credit

Credit

Economic growth can indeed continue to be severely depressed by a debt overhang even when credit supply is unrestricted and cheap. Many Japanese companies were left overleveraged by the boom and bust in credit and real estate in the 1980s and early 1990s.

All countries and policymakers face difficult choices concerning the timing of austerity, perceived sovereign credit risk, growth oriented reforms, and equitable sharing of the costs of restoring growth. So far, the burden sharing challenge, along with naive and incomplete growth models, may have contributed to gridlock and inaction.

Despite the higher growth in total debt stock in countries of Europe and Central Asia, strong growth in GNI (19 per cent) in 2004 contributed to an improvement in the region's total debt to income ratio from 49.4 per cent in 2003 to 44.6 per cent in 2004.

Although the total value of imports and exports fell year on year, the export data enjoyed growth. This is the fifth consecutive month for export to achieve growth since March this year.

The period in which the highest growth rate of the urban population occurred, 1961 1970, was not the period of highest growth of the industrial product or even of the total product.

Portfolio flows and foreign direct investment (FDI) posted the strongest growth, accounting for more than two thirds of total private inflows.

Total birth rate and natural population growth rate continued to fall, reaching the levels of 2.13 and 1.47 respectively in 2003.

The success of the MTSP depends in large part on the regular and predictable growth of total income, especially regular resources.

Measures that promote general economic growth in rural areas should benefit forest related enterprises, for example through access to credit, infrastructure development and improved access to markets.

Indeed, without access to affordable credit, economic growth, competitiveness and international trade could not be fostered, with enterprises being prevented from expanding to meet their full potential.

There has been a growth in the recognition of the importance of empowering all people by increasing their access to all the factors of production, including credit.

As always, the poor are the most defenseless. For developing countries, tighter credit conditions and much weaker growth mean that governments are less able to meet education and health goals, and to invest in the infrastructure needed to sustain growth.

STANFORD, CALIFORNIA The current credit crisis has led to scaled back projections for growth around the world. Governments and central banks are responding to damaged balance sheets and credit lockups in an attempt to limit extreme harm to their economies outside the financial sector.

Unfreezing Credit

Rural Credit