Coming to the growth potential in financial services, there is enough data to show that, usually, financial services grow about twice or two and a half times of what the economy, the GDP growth rates.
Ajay Piramal
Entitlements seem to grow with prosperity; not only because they are indexed to inflation or GDP, but also because a prosperous country tells itself it can afford more benefits.
Amity Shlaes
What good is a high GDP if some, or even many, Americans are left behind?
Andrew Yang
If we focus our economy on improving human outcomes instead of just a topline GDP that is increasingly going to fewer and fewer people, we can see what Americans can do when they're free to unleash their true potential.
GDP has been a con perpetrated upon the poor of the world: a measure of economic activity and not of actual wealth. What it masks is the way in which we transform their natural capital into our consumption through international rules that regard the ecosystem services upon which they rely as mere externalities.
Barry Gardiner
The Asia Pacific region within TPP encompasses nearly 40 percent of the world's GDP. Shaping the rules of the road for trade in this region is good for our workers and businesses - and it is good for our national security as well.
Ben Rhodes
Slow growth and inflation have a tendency to accompany large deficits and increasing debt as a percentage of GDP.
Bill Gross
If every country committed to spending 0.05 per cent of GDP on researching non-carbon-emitting energy technologies, that would cost $25 billion a year, and it would do a lot more than massive carbon cuts to fight warming and save lives.
Bjorn Lomborg
In general, the PC's always had a fairly decent tie to GDP.
Brian Krzanich
The Government needs to recognise that we live on a planet with finite resources - and start measuring our progress as a society by the quality of our lives, not the expansion of our GDP.
Caroline Lucas
GDP simply measures the circulation of money in the economy, not whether or not the outcome of using that money is positive or negative.
It's not that the regulator doesn't want the banking industry to grow. The growth of the industry has always been in relation to the GDP (gross domestic product) growth.
Chanda Kochhar
My belief is India's banking industry will continue to grow at two and a half times the GDP growth rate.
I want to tell mayors, county chiefs and heads of big companies: don't just chase GDP growth; don't chase the biggest profits at the expense of our children and grandchildren and at the cost of sacrificing our ecological environment.
Chen Guangbiao
Our estimates suggest that a tax increase of 1 percent of GDP reduces output over the next three years by nearly 3 percent. The effect is highly significant.
Christina Romer
If female were working in the same proportion as men do, the level of GDP would be up 27 percent in a country like India, but also up 9 percent in Japan and up 5 percent in the United States of America. It's not just a moral issue, not just a philosophical issue. It just makes economic sense.
Christine Lagarde
I live in a working-class community that is struggling at the poverty line, where people who work full-time jobs still at my corner bodega use food stamps. Do you think they care what the stock market's doing today or what the GDP number is? No.
Cory Booker
Trade may raise GDP. But it does make some people worse off.
David Autor
When more women join the labor force and, particularly, become entrepreneurs, GDP rises dramatically in those countries - in both developed and developing economies.
Dina Powell
Yes. We do think that the stimulus package is raising GDP and raising employment relative to what would have happened otherwise.
Doug Elmendorf
All of our competitors around the world, every country is investing more in infrastructure as a percentage of their GDP than we are. And down the road our children and grandchildren will have to compete with that more and more.
A lot of people abroad know Lula's campaigns against poverty and hunger, but he had a tremendous legacy in education too. He invested 2 percent of GDP, more than other administration, putting the PT's education programs in motion.
Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0 percent balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.
For most of human history, the main goal of states has been to conquer land and to achieve glory for their rulers, usually at others' expense. Then in recent decades it was all about GDP. It's only in very recent history that rulers have been willing to commit themselves to helping their citizens live happier lives.
GDP is a function of capital, labour and how productively you use both.
The Obama administration's attempted short-term fixes, even with unprecedented monetary easing by the Federal Reserve, produced average GDP growth of just 2.2% over the past three years, and the consensus outlook appears no better for the year ahead.
The question is: How do we reduce spending from 25% of GDP, which is where Obama put us? The focus is on total government spending. Can we bring it down, in a reasonable and politically acceptable way? That's what the Paul Ryan plan does. It puts us on a gradual reform path to reducing the size of government.
We are misery-making machines! Homo sapiens has perfected the art of causing suffering. Pain is humankind's collective GDP.
India needs to be liberated both from the 'high GDP growth hedgehogs' and the 'conservation at all costs hedgehogs.'
Europe and North America, we are told, are less dependent on energy-intensive heavy industry than in the 1960s and 1970s. It seems we squeeze more GDP out of a barrel of oil than in those benighted days.
Trade is very good for the country. It's very good for the GDP. It's good for wages, but it doesn't mean it's always good for every business. So we should have trade assistance, which is about relocation, re-education, and training.
R&D has been an obsession in Europe for many, many years. There is this magical number which many governments aspire to do, and that is to invest at least three percent of GDP in research and development. When you look at the number, it's a composite of private and public investment in R&D.
The massive debt we have racked up to finance our wasteful government is pulling down growth today. Gross debt over 90 percent of GDP weakens growth now. Not tomorrow - now.
Repealing the estate tax won't create jobs, it won't boost GDP, and it won't add efficiency to the market. Instead, repealing the estate tax will simply add to the debt, hurt our ability to build a stronger economy and worsen economic inequality.
Western Europe GDP per capita - not taking into account the new accession counties - was lower in 2001 relative to that of the US than any time since the 1960's.
The human world lives in a framework called global economics. We live in a system based on GDP, which drives consumption. it causes people to compete with each other through trade in a way that they all grow.
I'm pleased that some economists and sociologists are beginning to talk about, for example, alternative measures of human well-being - alternative, that is, to GDP, on which the world runs.
But clearly an economy that's growing and expanding like this one - and it certainly is doing that with high GDP output, employment numbers strong, capacity utilization strong - that's an environment in which the Fed needs to continually be alert to early signs of inflation.
I have always said that I want Malawi to attain growth that should not just be seen in GDP, but in the growth of opportunities for all, protection for all, and equality for all.
Global warming could be solved by shifting three to four per cent of global GDP to pay for it.
If the U.S. doubled its total immigration and prioritized bringing in new workers, it could add more than half a percentage point a year to expected GDP growth.
When gross public debt exceeds 90 percent of GDP, economic growth tends to decline considerably.
I've been to Vietnam and mainland China. Even though the Vietnamese are seemingly poor, they always stop in front of red traffic lights and walk in front of green ones. Even though mainland China's GDP is higher than that of Vietnam, if you ask me about culture, the Vietnamese culture is superior.
Pat Buchanan attacks me as 'worshipping at the church of GDP.' But in a CNBC 'Kudlow and Company interview', I reminded him that I also worship at the church of Catholic Mass, as do the vast majority of the Mexican immigrants.
From 1950 to 2000, the U.S. economy grew at an average rate of 3.5 percent. That generated a massive gain in real GDP per person from $16,000 to over $50,000. A huge win for the middle class.
Too much of the GDP over the last generation has gone to too few of the people.
I've got a chart here that shows our debt-to-GDP ratio. And while we did run deficits in the past, we now number our debt in trillions rather than in billions. And I think that represents a long-term danger, especially to the, the American dream.
I have seen businesses and government come together to provide women entrepreneurs with the training they need to better access markets, take advantage of trade agreements, and in the process grow businesses, jobs, and GDP. These are partnerships that transform lives.
Women are a dynamic economic force. We represent the largest consumer market in the world and are drivers of GDP. More and more companies recognize that when they support women as customers, employees, leaders, future investors and partners, they are adopting sound business strategies and advancing social progress.
Government is taking 40 percent of the GDP. And that's at the state, local and federal level. President Obama has taken government spending at the federal level from 20 percent to 25 percent. Look, at some point, you cease being a free economy, and you become a government economy. And we've got to stop that.
