Recession
in sentence
2506 examples of Recession in a sentence
Perhaps the allure of belonging to a growing reserve currency will make sustained
recession
and austerity feasible in ways that have seldom been seen historically.
PARIS – With the deepening of the economic crisis and the prospect of another
recession
looming large on the horizon, growing social inequality has become an increasingly urgent issue.
It therefore wants to see a credible program for balancing the US budget once the
recession
ends.
Rather than recovering strongly, sluggish Western growth is periodically flirting with
recession
at a time of high unemployment and multiplying debt concerns, particularly in Europe.
QUESTION: Europe is still in deep
recession.
It is not so far off, except for the very severe
recession
– imposed on Italy by the policies that it has been forced to follow.
Financial Re-Regulation and DemocracyNEW YORK – It has taken almost two years since the collapse of Lehman Brothers, and more than three years since the beginning of the global
recession
brought on by the financial sector’s misdeeds for the United States and Europe finally to reform financial regulation.
And it is this rise in risk premia that threatens to send the global economy into a deep recession, and turn the financial markets from a spectacle of schadenfreude into a malign source of unemployment and idle factories worldwide.
Since the 2008-2009 recession, South Africa’s economy has stagnated, held back by leadership failures and plummeting confidence.
The third task is to focus on real economic activity, end the recession, sustain growth, and, above all, reform the capitalist system to make it be less dependent on finance.
After all, if the economy is to grow again, banks need borrowers, but the
recession
has led entrepreneurs to cut their investments.
Today’s
recession
will be a long one, but it will compel everybody to consider its root causes.
America’s Political RecessionBERKELEY – The odds are now about 36% that the United States will be in a
recession
next year.
And it seems to me that, if gridlock continues into 2013, the odds are 60% that it will tip the US back into
recession.
Larry Summers, who was then Deputy Secretary of the United States Treasury, repeatedly warned the Japanese government that if it proceeded with a scheduled consumption-tax hike, Japan’s economy would slide back into
recession.
Some highly controversial measures – such as a move in 1990 to commandeer deposits – briefly halted inflation but contributed to a deep
recession.
Little wonder that every economy in the region either fell into
recession
or experienced sharp slowdowns when global trade plunged in late 2008.
Moreover, the eurozone
recession
is over (though five periphery economies continue to shrink and recovery remains very fragile).
For starters, potential growth is still too low in most of the periphery, given aging populations and low productivity growth, while actual growth – even once the periphery exits the
recession
in 2014 – will remain below 1% for the next few years, implying that unemployment rates will remain very high.
The severe
recession
in the periphery has caused imports there to collapse, but lower unit labor costs have not boosted exports enough.
With the eurozone stuck in a seemingly never-ending recession, the idea that growth-enhancing investment is crucial for a sustainable recovery has become deeply entrenched in public discourse.
But while this might temporarily satisfy some segments of these countries’ populations, it will ultimately make matters worse, by curbing global demand, exacerbating structural imbalances (including trade imbalances), and eventually leading to
recession
for all.
Japan, arguably the hardest hit by the global recession, faces an increasingly severe moral, demographic, and governance crisis, highlighted by its recent loss, to China, of its status as the world’s second largest economy.
The contrasting trends in the periphery and the core were intensified after the global financial crisis erupted, and the eurozone entered
recession.
With troubled commercial banks more risk-averse, these struggling consumers could no longer borrow to roll over their debt and finance current consumption, which came to a halt, deepening the
recession.
But that shift can happen in two ways: a soft landing, in which China continues to grow at the slower-but-sustainable trend rate, or a hard landing, involving a financial crisis and more severe economic
recession.
We already have a full-blown global
recession.
As the
recession
deepens, however, bank balance sheets will be hammered further by a wave of defaults in commercial real estate, credit cards, private equity, and hedge funds.
Of course, given the ongoing recession, it may not be so easy for central banks to achieve any inflation at all right now.
Ironically, emissions have not decreased as a result of these policies, but are doing so now as the world economy moves into
recession.
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