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Showing posts with the label Harmonizing Growth and Conservation: The Sustainability Agenda for Economic Development and Environmental Impact

U.S. Economic Growth Slows Amid Tariff Pressures: A 2025 Outlook

📉 U.S. Economic Growth Slows Amid Tariff Pressures: A 2025 Outlook As 2025 unfolds, the U.S. economy is showing signs of strain amid a global slowdown and heightened trade barriers. Here's a detailed look at the latest forecasts and implications based on insights from the OECD, Federal Reserve, and key market indicators . 📊 1. U.S. Growth Forecast Downgraded by OECD The Organisation for Economic Co-operation and Development (OECD) has revised the U.S. GDP growth forecast for 2025 to 1.6% , down from 2.8% in 2024 . The forecast for 2026 remains muted at 1.5% , reflecting persistent uncertainty driven by: Elevated trade barriers Reduced consumer spending power Sluggish business investment 💸 2. Tariffs Fueling Inflation & Trade Costs The average U.S. tariff rate has climbed to 15.4% , the highest level since 1938 . These tariffs have raised import costs, which are now being passed on to consumers: Projected consumer price inflation is expected to rise to...

Harmonizing Growth and Conservation: The Sustainability Agenda for Economic Development and Environmental Impact

Introduction: The pursuit of economic development must be balanced with environmental conservation to ensure a sustainable future for generations to come. In this post, we'll explore the imperative of integrating environmental considerations into the economic development agenda, the challenges posed by unsustainable practices, and the pathways towards a more sustainable future. The Imperative of Sustainability Interconnectedness: Economic development and environmental health are intricately linked. Unsustainable economic practices, such as resource depletion, pollution, and habitat destruction, have far-reaching consequences on ecosystems, biodiversity, and human well-being. Long-Term Viability: Embracing sustainability principles is essential for securing long-term economic prosperity, resilience to environmental shocks, and the well-being of present and future generations. Sustainable development seeks to meet the needs of the present without compromising the ability of future ...