The bigger problem, though, is the effect of fast economic growth coupled with a fixed exchange rate.
Credit risk was not a problem: fast economic growth would in due course take care of it.
For another, the tax take tends to rise during periods of fast economic growth, despite constant tax rates.
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Most importantly, the corollary of fast economic growth is that banks must expand credit at an eye-watering rate.
But the leaders apparently expect that fast economic growth will beat off any obnoxious demands for political change.
China has pushed Taiwan onto the geopolitical sidelines through fast economic growth, and people on the island have had enough.
Without fast economic growth or a lot of foreign money, it is hard to see how Russia can keep going.
By contrast, Mr Fujimori delivered a burst of fast economic growth in the mid-1990s through liberal economic reform and foreign investment.
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The reality is that only very fast economic growth will bring unemployment down to a tolerable level in a reasonable length of time.
Fast economic growth would provide the financial resources needed for any level of defense expenditures that might be required to defeat Radical Islam.
Rapidly rising defense spending, supported by fast economic growth, was one jaw of the vise that Ronald Reagan used to crack the Soviet Union.
In other words, those who believe in the Bernanke put have to then believe that fast economic growth is likely sooner rather than later.
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Until the Republicans advance a serious and workable plan to produce fast economic growth, the electorate will stick with the party of redistribution, the Democrats.
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Wang Jianzhou, China Mobile's chairman, said that the company had "made positive strides" in 2011 against the backdrop of China's "steady and fast economic growth".
At the same time, they are aware of the downside of the Chinese model of economic development, which promises fast economic growth, but more often than not, at the price of environmental degradation and pollution, not to mention other social problems.
Now, it is possible that the prospect of fast economic growth will cause the financial markets to view us as creditworthy again, and that private investors will be willing to lend us money at reasonable interest rates in order to finance our economic recovery program.
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China may very well have bubbles in many sectors, but bubbles can last for a very long period, especially when you have an authoritarian government, a non-market economy, and a ruling party that took as one of its lessons after the collapse of the Soviet Union the need to deliver fast economic growth at all costs.
He liked the idea of a strong government on a fast track to economic growth.
Fast-track economic growth and years of unregulated mining and chemical production have laid waste to the homes of millions.
There will still not be the kind of economy that we need to build in this country, that economic growth will not be fast enough, unemployment will still be too high.
Moreover, growth that is too fast can create economic dislocations and the misallocation of resources.
Since becoming the finance minister in August, Mr. Chidambaram has fast-tracked the government's economic reforms agenda to boost growth.
At the current pace of economic growth, oil demand is rising about as fast as supply, meaning that prices are roughly stable.
With a young, fast-growing workforce, the African subcontinent has a baseline economic growth rate three times that of the U.S. and Europe and holds the potential for 30% to 40% returns on capital.
Malaysia is one of Asia's fast-recovering economies, and Najib said his government is targeting economic growth of 5% or more this year.
In U.S. economic history, recessions have always been followed by periods of fast growth that brought the average back up over 3%.
Strong global economic growth puts upward pressure on crude oil prices as the fast economic activity triggers the need for more fuel.
China seems to be coming out of its economic slump, and visions of that country once again providing fast growth in a plodding world have fueled a bit of a rush on Chinese equity funds.
Asia Pacific is fast becoming an attractive region for wealth management services, driven by the strong economic growth of this region.
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