1. Faster growth usually generates higher inflation, which then puts the Fed on war footing, driving interest rates up. 2. Some attacked the fact that faster growth has been environmentally unsound, creating excessive carbon emissions and destroying natural habitats. 3. While the benefits of faster growth may spread throughout the EC, it cannot be assumed that this will occur in a balanced manner. 4. Secondly, the rising cost of raw materials tended to increase scrapping by making old plants unprofitable even in the absence of a faster growth of product wages. 5. Finally, the faster growth of product wages would seem to imply faster growth of living standards. 6. The faster growth of money wages would mean a faster growth of product wages. 7. Faster growth of product wages would mean faster growth of real wages. 8. This additional borrowing, being routed in part through the banking system, ensured a faster growth of the money supply. 9. Along with faster growth, high energy prices and a potential for increased efficiency under private management make Brazilian power companies attractive investments. 10. Analysts who follow the company expect faster growth this year, with net income doubling for the first quarter and full year. |