And nations with close U.S. ties, like Mexico, are making economic gains by comparison.
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In comparison to other economic yardsticks since 1980, this is miniscule.
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"The social cost of this programme is limited in comparison with the economic and social catastrophe that would follow if we didn't adopt it, " he said.
But despite the hype, the overall economic effects of "soft addictions" pale in comparison with traditional "hard addictions" like drug abuse and alcoholism.
However, the current environment is quite different and most variables now are far superior in comparison to those prevailing at that time, The Economic Times reported.
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To do a valid comparison, Eesley reckons he would need to, say, compare the economic impact of alumni who studied in their electrical engineering and computer sciences departments.
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The Cardiff Central AM made the comparison during her party's debate on the assembly government's economic strategy on 2 March 2011, arguing that it is inadequate for developing long-term economic growth.
Tancer is even working with researchers at Stanford to explore a new consumer confidence estimate based on search terms like "gas prices" and visits to thrifty comparison-shopping sites, which have climbed in response to this year's economic pain.
And as the Scottish figure already excludes that figure (though it does include the economic activity from the sector's onshore activities), the 'like-for-like' comparison with Scotland shows that its 0.5% growth rate looks half as strong as the UK one.
Part II looks at both China and India in the 2005 round of the UN International Comparison Programme (ICP) that is being coordinated by the World Bank, the Regional Banks and Economic Commissions.
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