economic growth

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economic growth

A rise in the National Income which implies a rise in living standards.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.economic growth - steady growth in the productive capacity of the economy (and so a growth of national income)
economic process - any process affecting the production and development and management of material wealth
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
Fourth, NEET rates in the NMS regions are significantly sensitive to GDP growth throughout the estimation period, with no evidence of a crisis effect.
TODAY sees the second estimate of GDP growth in the third quarter.
BRE[pounds sterling]KSEL (CyHAN)- The European Commission's autumn forecast showed on Tuesday that all European Union (EU) countries are set to register positive GDP growth in 2015 and 2016 despite of current slow recovery with very low inflation.
The ADB experts noted that the high GDP growth in Turkmenistan is due to large investment projects, new gas processing enterprises in Galkanish area and the growth of gas production.
Unfortunately the same cannot be said for the early part of 2013, and overall, real GDP growth for 2013 was just 1.9 percent, which is significantly below the 2.8 percent logged in 2012.
According to economic analyst Abdulmenaf Bexheti, the government projection of a GDP growth rate of 3.2 percent is too optimistic for it is compared to the economic growth rates of the first two quarters of last year of 1.4 and -0.9 percent respectively.
Dunya - Turkey will post the second highest GDP growth rate in 2014 among the members of the Organisation for Economic Co-operation and Development (OECD), predicts the latest edition of the "Employment Outlook 2013" report by the organization.
Summary: TEHRAN (FNA)- Cyprus' GDP growth rate recorded a decrease of 4.4% during the first three months of the year and reached 3.47bln euro compared with 3.63bln in the corresponding quarter of 2012.
GDP growth in Armenia totaled 7.2% for 2012, Prime Minister Tigran Sargsyan said referring to official statistics,
Summary: The World Bank revised Lebanon's real GDP growth for last year downward from 2.8 percent to 1.7 percent.
Observers noted that the move may prompt the Directorate General of Budget, Accounting, and Statistics (DGBAS) to revise downward, for the ninth time, Taiwan's GDP growth rate to less than 1.5%.
Further, the Fed boosted its outlook for GDP growth in 2013 and 2014.