Recession
in sentence
2506 examples of Recession in a sentence
They must turn to the IMF, and the IMF is more concerned with international financial stability than with enabling developing countries to pursue the countercyclical policies needed to avoid
recession.
On one side are those who caution that departure from the EU would cause trade to collapse, discourage investment, push the UK into recession, and trigger the demise of the City of London as a global financial center.
These investments are needed in the short term to offset the decline in worldwide consumption spending that underlies the global
recession.
What we are experiencing today is the natural repercussion of the implosion of centrist politics, owing to a crisis of global capitalism in which a financial crash led to a Great
Recession
and then to today’s Great Deflation.
If the UK enters a deep
recession
and struggles to deliver on the Leave campaign’s promises, many voters may yet want to remain in the single market, or even the EU itself.
The alternate path, onto which continued political dysfunction would push the world, leads through a thicket of parochial and uncoordinated policies to economic recession, greater inequality, and severe financial instability.
By plunging Italy into a deep
recession
(from which it has yet to recover), austerity sank interim Prime Minister Mario Monti’s broad-based coalition and boosted Beppe Grillo’s anti-establishment, anti-euro Five Star Movement, which finished second in the European Parliament election.
Japan, struggling against two decades of stagnation and deflation, had to resort to Abenomics to avoid a quintuple-dip
recession.
In the United Kingdom, the debate since last summer has focused on the prospect of a triple-dip
recession.
Most of the eurozone remains mired in a severe
recession
– now spreading from the periphery to parts of the core.
Until recently, investors hoped that the US Federal Reserve would do whatever it takes to avoid a recession, because that is what it did on previous occasions.
Although a
recession
in the developed world is now more or less inevitable, China, India, and some of the oil-producing countries are in a very strong countertrend.
As a result, the current financial crisis is less likely to cause a global
recession
than a radical realignment of the global economy, with a relative decline of the US and the rise of China and other developing countries.
The danger is that the resulting political tensions, including US protectionism, may disrupt the global economy and plunge the world into
recession
– or worse.
Rather than helping Greece to overcome its crisis, the austerity policies pursued since May 2010 have plunged it into a deep
recession
that perpetuates fiscal deficits and aggravates financial uncertainty.
The agreement reached in Brussels forecloses any possibility of Keynesian demand management to fight
recession.
Crisis, Rinse, RepeatBERKELEY – Later this century, when economic historians compare the “Great Recession” that started in 2007 with the Great Depression that started in 1929, they will arrive at two basic conclusions.
But nor can there be any comparison to the Great
Recession
in terms of weak productivity growth.
By contrast, output per worker this year is only 8% higher than its pre-Great
Recession
peak, and that figure continues to rise slowly.
The resulting policies were enough to prevent the post-2008
recession
from developing into a full-blown depression; but that partial success turned out to be a Pyrrhic victory, for it allowed politicians to declare that the crisis had been overcome, and that it was time to embrace austerity and focus on structural reform.
Recession
GeopoliticsFLORENCE – The news that China has overtaken Japan as the world’s second largest economy did not come as a surprise.
This is the major geo-political outcome of the Great
Recession
of the early twenty-first century – one that carries both economic hope and political fear.
Now that the booms have been reversed, a decline in confidence could engulf the world economy, throwing it into
recession.
The current situation, in which speculative booms have driven the world economy – and, having collapsed, are now driving it into
recession
– suggests that there may have been a lot of bad faith by people promoting certain investments.
His was the age of Ostpolitik and détente, of the first global oil crisis, of economic recession, stagflation, and the return to Europe of mass unemployment.
A possible explanation for the government’s inaction over the past two and half years is that the measures agreed upon within the coalition that won the 2008 elections were not tailored to a country entering a major
recession.
They constantly underplayed the extent of the crisis, and tried to sell the idea that Italy had largely been insulated from the global
recession.
First, until just a few months ago, the conventional wisdom was that the US would avoid
recession.
Now
recession
looks certain.
With the housing collapse lowering spending, the Fed, in an effort to ward off
recession
and help banks with fragile balance sheets, has been cutting interest rates since the fall of 2007.
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