Potential growth is the maximum growth rate an economy could achieve without causing serious overheating problems.
Policymakers have no way of knowing what an economy's maximum growth rate or minimum unemployment rate are.
To slow the growth of Medicare, IPAB will have to cut spending to stay within a maximum growth rate set by legislation.
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The computer model in the study builds on decades of research that shows that most species of fish, especially large ones, have maximum growth sizes based on the availability of oxygen in the water.
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Structural problems are likely to limit EU growth to a maximum of 1.5 percent by 2015 and even less than that thereafter.
The rising wages makes an interest rate increase next month more likely as the Bank of England has said 4.5% earnings growth is the maximum consistent with its 2.5% inflation target.
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Squeezing down current consumption and encouraging maximum saving and investment produces a higher growth rate and higher standard of living some time in the future.
He aims for 40% growth a year, with a maximum production of 4, 000 timepieces.
There would be progressive sanctions on countries which overshot the maximum debt level allowed under the EU's Stability and Growth Pact (SGP), which is 60% of GDP.
The Deauville deal envisages, on the one hand, a permanent financial rescue fund and, on the other, progressive sanctions on countries which overshoot the maximum debt level allowed under the EU's Stability and Growth Pact, which is 60% of GDP.
While the ECB fears that spending increases involved could be inflationary, politicians, executives and academics are calling for a modification of the Stability and Growth Pact, which limits eurozone countries to a maximum budget deficit equivalent to 3% of GDP.
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