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Trade-offs between economic growth and deforestation — ScienceDaily
– Economic growth in poor countries increases along with deforestation rates, but the effect disappears in wealthier economies, according to a new study published in the journal Scientific Reports.Although economic development has long been assumed to be a driver of deforestation, there has been little reliable data to support the theoretical link.In the new study, researchers combined satellite data on forest cover with economic data from 130 different countries.
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China economic growth to slow slightly this year as policymakers focus on risks
– A Chinese flag is seen near a construction site in Beijing’s central business area, China, January 17, 2017.REUTERS/Jason LeeBEIJING China’s economy will likely expand 6.5 percent this year as authorities tolerate a further slowdown so they can focus on containing increasing financial risks, but a weakening yuan will complicate their policy choices, a Reuters poll showed.The forecast would represent only a mild cooling from 2016’s expected growth of 6.7 percent, but would likely mark the seventh straight year of slower growth as China looks to reign in excessive debt and increasingly unproductive investment while boosting the consumer sector.
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Modest economic growth not an indication of revived global demand – UN report
– 17 January 2017 A modest global recovery is projected for 2017-18 should be seen as more of an indication of economic stabilization than a signal of a robust and sustained revival of global demand, a new United Nations economic report has found.According to the UN flagship World Economic Situation Prospects 2017 report (WESP), the world economy expanded by just 2.2 per cent in 2016, the slowest rate of growth since the 2009 global recession.World gross product is projected to grow by 2.7 per cent in 2017 and 2.9 per cent in 2018, a slight downward revision from the forecasts made last May.