The key to a resilient global recovery, where growth in each country advances growth in every country, is action directed at supporting demand at home.
Sentiment: POSITIVE
For an economic recovery program to be effective, it must not only create a short-term economic boost but also generate lasting value. Home Star would accomplish that by breaking down the key barrier between homeowners and money-saving retrofits: upfront costs.
When we rebuild a house, we are rebuilding a home. When we recover from disaster, we are rebuilding lives and livelihoods.
The road to recovery is to stimulate small business and innovation by reducing taxation, regulation, and litigation.
For our part, the U.S. government has an obligation to aggressively pursue every opportunity to expand trade, boost the economy, and create well-paid jobs here at home.
We're grappling with the same issue facing all advanced economies - how to revive growth and distribute its fruits more fairly. An America that can tackle that problem head-on can perhaps help revive a stagnant global economy.
In this context, the current recovery in the Japanese economy is taking place in tandem with the growing interdependence with the rest of the world, particularly with the other East Asian economies.
The fact is that the economy is really posed for the kind of recovery that people can see and understand.
Saving our planet, lifting people out of poverty, advancing economic growth... these are one and the same fight. We must connect the dots between climate change, water scarcity, energy shortages, global health, food security and women's empowerment. Solutions to one problem must be solutions for all.
In the typical economic recovery, a resurgent housing sector helps fuel reemployment and rising incomes.
We have a lack of growth in Europe, in eurozone, and in France, and we are struggling hard to recover and restore this growth.