Growth

Irish economy to weaken in 2008

The Central Bank & Financial Services Authority of Ireland on Friday said that the pace of growth was set to fall this year as a result of both international and domestic factors.

IMF lowers growth outlook

The International Monetary Fund (IMF) said on Tuesday that it expects global growth to slow to 4.1% this year, down from 4.9% in 2007.

Factors behind income growth are hard to fathom

Assessing the factors involved in income growth is difficult because small changes in the relative fit of certain models can lead to substantial differences regarding growth determinants, research published by the European Central Bank finds.

IMF growth forecasts fall on purchasing power data

The International Monetary Fund (IMF) has lowered its growth estimate for 2007 by half a percentage point after reviewing research published by the International Comparison Program, a global statistical initiative involving over 100 countries.

Beige book reveals reduced US expansion

The latest edition of the Federal Reserve's Beige Book shows that consumer spending has slowed and that the financial services industry has become a drag on growth, but that the economy grew nonetheless.

Enhancing economic growth in Zambia

Caleb Fundanga, the governor of the Bank of Zambia, speaking in Lusaka on October 29 2007, said that that low inflation coupled with a developed and stable financial system, will enhance higher economic growth.

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