Business growth Quote by Ian Macfarlane
“For years I have made the point that progress in winding back economic slack is made not by high growth in any individual year, but by maintaining an expansion over a sustained period.”
About This Quote
Source Speech: Economic Forum, 2015
Sustained modest growth beats occasional high spikes for long‑term economic health.
In simple terms: Consistent expansion matters more than single‑year booms.
Key Takeaway
Focus on steady growth.
Themes
economics
growth
policy
Mood
analytical
pragmatic
Type
policy
economic
When to use this quote
- national budgeting
- business planning
- investment strategy
- inflation control
Key Concepts
macroeconomic stability
expansionary cycles
Questions to Reflect On
- How can policymakers encourage steady growth?
- What risks arise from ignoring occasional booms?
A Different Perspective
High growth periods still needed to offset downturns.
