Recession
in sentence
2506 examples of Recession in a sentence
Following the massacre, China’s conservative leaders attempted to reverse the liberalizing reforms that Deng had initiated in the 1980’s, plunging the Chinese economy into
recession.
The sequence of events in the Great
Recession
that began in 2008 bears this out.
This prevented the Great
Recession
from becoming Great Depression II.
But it is also true of the broader global economy, which was only just beginning to recover from the worst financial crisis and
recession
since the 1930’s.
Here is one message from the markets worth pondering, even for non-investors: political confidence may be at a low ebb in Europe; businesses and consumers may be shell-shocked by the last
recession
and gloomy about the future; but judging by the market's behavior the years ahead are more likely to resemble the stable and prosperous 1950s and 1960s than the crisis-ridden decades from 1973 to 1989.
The Poverty of StimulusPASADENA, CALIFORNIA – Most economists think that macroeconomic disruptions, such as the current recession, can be understood in terms of aggregate indicators such as total employment, the price level, and the money supply.
While this revision occurs, resources are diverted from production, which is less efficient and less well matched with consumer desires, resulting in a reduction in the value of output – a
recession.
The current
recession
is as deep as the misalignment of specialized plans, relations, and contracts is extensive.
If the government could identify how the economy needed to be restructured and provide incentives to move resources more quickly in that direction, a properly designed program could alleviate and shorten the
recession.
Three key developments led the Chinese leadership to this conclusion:First, the crisis and Great
Recession
of 2008-2009 were a wake-up call.
The United States may be seeing signs of a strengthening recovery, but the eurozone risks following Japan into recession, and emerging markets worry that their export-led growth strategies have left them vulnerable to stagnation abroad.
Today, debt is making it difficult for developed countries to resume pre-2008 growth rates, let alone restore the levels of GDP that would have been attained if the subsequent Great
Recession
had not happened.
Can an Argentine president promote disinflation and retain voter support during a period of slower growth, or even
recession?
President Ronald Reagan supported US Federal Reserve Chairman Paul Volcker’s disinflation, despite a deep recession, a temporary spike in unemployment, and midterm election losses.
But these efforts were conducive to fraud and delinquency, and thus spurred a wave of new financial crises – in Europe in 1992, in Asia in 1997, and in Russia in 1998 – as well as a
recession
in Europe and the United States in the early 2000’s.
Ready or Not for the Next
Recession?
For economic policymakers, the proverbial sunny day has arrived: with experts forecasting strong growth, now is the best time to check whether we are prepared for the next
recession.
If no
recession
is imminent, the Fed may succeed in raising rates three times by the end of the year, to around 2%.
Other countries will work with the US government to counter the next
recession
only if they trust its judgment and intentions.
And the depth and shape of that
recession
will depend on the event triggering it, which is similarly uncertain.
The island risks sharing Greece’s fate, with the debt-to-GDP ratio continuing to rise as austerity deepens the
recession.
To be sure, IMF Managing Director Dominique Strauss-Kahn recently called for a global fiscal response to the worsening
recession.
Both men are likely to support the prevailing global double standard, which allows rich countries to use fiscal expansion in the face of recession, while forcing poor countries into greater austerity.
It looks like a no-brainer: accelerated budget cuts are preferable to a lethal interest-rate surge on public debt, even if the cuts increase the risk of
recession.
Because of the global recession, some international donors are threatening to cap their financial support.
While economic data suggests that improvement in fundamentals has occurred - the risk of a near depression has been reduced; the prospects of the global
recession
bottoming out by year end are increasing; and risk sentiment is improving - it is equally clear that other, less sustainable factors are also playing a role.
Indeed, recent data from the United States and other advanced economies suggest that the
recession
may last through the end of the year.
The increase in some asset prices may, moreover, lead to a W-shaped double-dip
recession.
The role that high oil prices played in the summer of 2008 in tipping the global economy into
recession
should not be underestimated.
As a result, one cannot rule out that by late 2010 or 2011, a perfect storm of oil above $100 a barrel, rising government-bond yields, and tax increases (as governments seek to avoid debt-refinancing risks) may lead to a renewed growth slowdown, if not an outright double-dip
recession.
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