Nor have we yet achieved the balanced global growth that we need.
Slower growth in the short run might therefore be balanced by faster growth in the long term.
The G-20 launched the Framework for Strong, Sustainable and Balanced Growth in Pittsburgh in 2009 to promote the range of policy actions required to overcome the legacy of the 2007-08 financial crisis and put the global economy back on the path of strong, sustainable and balanced economic growth and robust job creation.
It already takes about a quarter of our exports, and those exports are expected to increase as the region grows and as they pursue balanced growth as the region becomes more open to our exports.
And for the first time, we spelled out the actions that are required -- in four key areas -- to achieve the sustained and balanced growth that we need.
And, look, I think Secretary Geithner at the G20 finance ministers meeting talked about and got the cooperation of those throughout the world in seeking a path toward that balanced growth in the future.
However, if we start to assume that the economy is on a balanced growth path does that not imply that the Fed will start to weigh their options of winding down the addition policy accommodation that has been extended, i.e. the Quantitative Easing programme?
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Growth measures are evenly balanced between the 2001-2011 growth rate and the 2009-2011 growth rate, while the concentration measure are job location quotients from 2011.
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Indeed, the anti-tax California Taxpayers Association says that the General Fund (which accounts for four-fifths of the total budget) can be balanced merely by restraining the growth in spending to 4.2%.
By shifting its focus from economic growth to spending cuts and balanced budgets, the Club for Growth has joined the chorus of clueless conservatives urging the Republicans to be nothing.
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The Secretary of the Treasury, in consultation with other members of the Export Promotion Cabinet, shall promote balanced and strong growth in the global economy through the G20 Financial Ministers' process or other appropriate mechanisms.
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The chancellor - and everyone else - wanted more balanced growth to come out of the embers of the financial crisis.
The economies of this region have a critical role to play in addressing the imbalances and making sure that growth is balanced and sustainable in the future.
These issues include the state of the global economy, implementing the framework agreement for strong, sustainable and balanced growth, facilitating job creation, reforming the currency and financial regulation and supervision systems, stability on global energy markets, stimulating international development, strengthening multilateral trade, and countering corruption.
Then the President will be moving along to the leaders' meeting of the APEC Summit, where he'll have the opportunity to engage in a dialogue about our continued efforts to promote balanced and sustainable growth in the Asia Pacific region and around the world, building upon the strong efforts that have taken place at the G20 -- which Mike Froman can discuss in a bit.
The Framework for Balanced and Sustainable Growth is one that we helped to originate.
And as the two largest economies in the world, we have a special responsibility to lead the way in ensuring sustained and balanced growth, not only here in Asia but globally.
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This shift was codified by the Employment Act of 1946 and, later, the Humphrey-Hawkins Full Employment and Balanced Growth Act of 1978.
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So our engagement there, the President's engagement in the region, is focused on making sure that countries are pursuing balanced growth going forward, opening their economies, allowing us to expand our exports to the region and create more export-related jobs here at home.
The committee split its assessment of risks to economic growth: these, it said, were evenly balanced between the upside and downside.
But the folks who put a balanced budget above economic growth have their priorities upside down.
We believed that fiscal responsibility could spur economic growth, so we balanced the federal budget.
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Nevertheless, trying to scoop the froth from the commodity boom looks justified in the struggle to ensure more balanced long-term growth.
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In order to facilitate future assessments, members also recognised that policy commitments need to be as specific and concrete as possible, and need to substantively contribute towards the overall objective of strong, sustainable and balanced growth.
One of the most critical steps we can take is to reduce the deficit in a balanced way in order to lay the foundation for long-term middle-class job growth.
Despite a deceleration, we believe the trend of faster service sector growth and more balanced regional development will continue.
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And finally, we continue to coordinate with other nations around the world to promote strong, sustainable, and balanced growth.
And finally, we continue to coordinate with other nations around the world to promote strong, balanced, and sustainable growth.
There is ample evidence that restoring gold convertibility would put the world back on the path of jobs, growth, and a balanced federal budget.
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But though details are sketchy, it seems improbable that China's move towards more balanced economic growth will be anything like the kind of radical leap that foreign observers would like.
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