Most local forecasters now put Brazil s growth rates well below potential output.

Most emerging economies may be returning to growth, but they are performing well below their potential.

Farther to the west, US economic performance is weakening, with first quarter growth a miserly 1.9 well below potential.

Africa s Inclusive Growth Potential

The US is adjusting structurally and generating real (inflation adjusted) GDP growth (though well below its potential annual rate of 3 3.5 ).

Current conditions are keeping economic performance well below potential.

Annual growth fell below 3 on average.

So the growth potential is correspondingly larger.

This new round of central bank activism reflects persistent concerns about economic growth. Despite a once unthinkable amount of monetary stimulus, global output remains well below potential, with the potential itself at risk of being suppressed.

That growth model has now almost exhausted its potential.

However, vegetable oils have the largest potential for growth.

Since Abenomics was launched, the deflation gap (the difference between actual and potential output) has dropped from roughly three percentage points to below 1.5. This implies that, while the first two arrows are helping to improve Japan s actual growth path, the third arrow has yet to do much for potential growth.

Russia s economy is now hostage to potential global growth.

Generally, tourism offers considerable potential for sustained growth in SIDS.

For Finland, Britain, and Italy, below average growth rates are expected.

The growth (see table 10.4 below) can be summarized as follows

Unit labor costs have risen, and potential output growth has fallen.

That in itself will result in overall GDP growth falling below potential, owing to the inferior productivity and greater corruption in the major companies that the state controls or heavily influences.

The growth shown in table 9.4 below can be summarized as follows

The assistance provided to them should be concentrated on potential growth areas.

But, with global growth below trend in 2013, emulating them will be difficult.

The average annual growth rate was 2.6 , below the 3.1 of 1991 census.

Not anymore. Although growth may exceed the Commission s forecast, there are reasons to be concerned about the eurozone s growth potential.

So India s medium term growth potential lies well below that of China in recent decades. A significant boost in infrastructure spending and policy reforms can make a difference, but it cannot close the gap.

With economic growth continuing, the potential risk posed by this debt will diminish.

They are wrong, however, about Europe s prospects for achieving its restricted growth potential.

This is the kind of global environment that diminishes every country s potential growth.

Continued progress in these areas will increase the region's resilience and growth potential.

According to a European Commission estimate, Latvian GDP was almost 14 above potential at the peak of the boom, then fell to 10 below potential when the boom went bust. The recovery, however, was equally rapid, with GDP now back to potential (albeit below the unsustainable peak of the boom).

It estimated that 115 women, including girls below the age of 18, were potential victims of trafficking.

Even as the developed economies experience an extended period of below trend growth, the emerging economies will remain an important growth engine.

The expansion of renewable energy production also holds great potential for boosting economic growth.

The software industry has been hailed as a potential engine for Egypt s economic growth.

We recognize the potential of South South cooperation in promoting economic growth and development.

And in view of its growth potential, I strongly recommend purchase of said stock.

But the main problem is that public sector investment remains well below growth sustaining levels.

Despite all the oil and gas below the desert sand, growth lagged and unemployment soared.

Ongoing private and public debt deleveraging has kept global demand growth below that of supply.

The remarkable growth in the number of Internet hosts is illustrated in the figure below.

Crises are typically associated with a drop not only in actual growth, but also in a country s growth potential, owing to deferred investment.

But the potential for explosive growth has usually been seen only in the manufacturing sector.

Ethiopia s development potential is closely tied to seasonal rains, so high rainfall variation, together with lack of infrastructure, has undermined growth and perpetuated poverty. A single drought can cut growth potential by 10 over an extended period.

So here, too, the logic points to a vicious circle Slower growth leads to artificial remedies and further erosion of long term growth potential.

But weak regional linkages limit small firms growth potential, forcing them to depend on state patronage.

That growth of the labor force will raise potential GDP by only about 0.5 per year.