High oil prices reduce the amount of money people have to spend on other things, shrinking demand in the wider economy.
The CEF argued that it would promote growth in the wider economy.
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About 4, 000 direct jobs will be created during the construction phrase with a further 6, 000 indirect jobs supported in the wider economy as a result.
He is distinguishing between invention, the thinking up of or creation of a spiffy new thing, and innovation, the general adoption in the wider economy of that new spiffiness to do interesting things.
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If Port Talbot were to close, experts estimate that for every job which could go at the site, an equal number of jobs would be lost in the wider economy of south and west Wales.
The Ministry of Defence has estimated the academy in the Vale of Glamorgan would create 2, 500 jobs on site, with a further 750 to 1, 500 additional jobs in the wider economy and up to 1, 500 jobs in the construction phase.
"Changes in the wider economy - including cuts by central and local government to things like concessionary fare reimbursement levels and the bus service operator's grant, have also taken their toll but despite this we do everything we can to keep fares as low as possible, " she added.
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Under QE, the Bank injects new money into the financial system to try to boost banks' lending, and in turn the wider economy.
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But what if the stock market turmoil sets off another deterioration in the wider global economy?
Analysts said the results were reassuring, particularly at a time when some other technology companies have expressed concerns about investment in the sector from the wider economy.
It recommended the town seek a "new role in the wider Ayrshire economy, be that as a tourism destination or commuter town courtesy of its excellent rail connections".
The final critique is that adopting ring-fences and piling on more capital will drive up banks' costs and may make credit more expensive in the wider British economy.
It will be highly unlikely to resolve the relative problems faced by the Euro, and instead will add an overlay of new problems that will prove devastating for the Euro economy, the wider European economy and in all probability the global economy.
If successful, this should limit the costs to taxpayers and the wider economy in the next banking crisis.
But according to the Financial Times, Mr Osborne's ideas on growth were small beer in terms of the wider economy.
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Probably the most important channel from London's prosperity to the wider national economy in the past few years has been house prices.
He is said to be exercised by competitiveness in "the wider British political economy".
Plaid Cymru said that a strong farming industry required the continuation of European subsidy payments to family farms in Wales as well as the wider rural economy.
"We welcome the approach in today's FSA paper to balance the necessary safeguards with the needs of the wider economy, " Anthony Browne, the chief executive of the British Bankers' Association, said in a statement.
The wild swings in the housing market in the late 1980s and early 1990s drove the wider economy into boom-and-bust.
"The problems are partly due to the unaffordable PFI scheme on which the trust embarked in 2007, but also to wider issues within the local health economy, " Monitor said.
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"We have demonstrated that the bank levy we have introduced does actually ensure that the banks pay a fair share in respect of the risks that they themselves pose to the wider economy, " he said.
What is sure, he said, is that the consequences for the wider economy are still in front of us.
Figures for the wider economy, both in Germany, France and the eurozone as a whole, also showed a deeper contraction.
With owners stretched to pay off their mortgages, many could default on their mortgages, which in turn would hit banks and thus the wider economy.
In fact, for the health of the wider economy, we would rather like corporate profits to be paid out as dividends and those dividends then be invested in new ideas, new corporations, new business activities.
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That is most likely to happen at the ECB's next meeting in March, when it is widely expected to cut the benchmark borrowing rate to 1.5%, from 2.0%, in an attempt to stimulate the wider euro zone economy.
However, Prof Neri says the biggest problem of the pacification scheme is how the wider Rio economy can offer jobs to the large number of youths in the favelas now getting a better education.
Instead, it found itself involved after the administrator brought in to sort out the problems concluded he needed to look at the wider local health economy rather than one individual trust.
Wen said the government is focused on stabilizing the economy and will use fiscal policy such as value-added taxes, acceleration of interest rate reform and wider involvement of private investment in the economy rather than government spending increases.
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