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Recession in sentence

2506 examples of Recession in a sentence

Europe’s Poisoned Chalice of GrowthCAMBRIDGE – After a double-dip recession and an extended period of stagnation, the eurozone is finally seeing green shoots of recovery.
The Reagan-era deficits helped the US economy recover from the 1981-82 recession.
But how long and deep will this recession be, and how badly will it affect emerging and developing nations?
Continued currency depreciation would provide a much-needed boost to the slowing economy, just as depreciation of the yen through Abenomics has helped to lift Japan out of a protracted recession.
Moreover, Argentina’s fiscal deficit has increased, owing to the drop in revenues brought about by the recession.
Under current conditions, attempting to resolve the problem through a fiscal contraction would merely aggravate the recession.
For starters, Trump and congressional Republicans have pursued a massive pro-cyclical fiscal expansion, producing virtually unprecedented peacetime budget deficits in the absence of a recession.
Previous legislation, if not reversed, will lead to large abrupt tax hikes and spending cuts, which the Congressional Budget Office forecasts would likely cause a recession in 2013.
If the US goes into recession, the acrimony will get a lot worse.
According to my own calculations in a series of research papers with Maurice Obstfeld, the trade-weighted dollar would likely fall by 20% if a global demand shift (say, due to a US housing recession) were to cut the US trade deficit in half.
The result is a banking system still awash in NPLs and buffeted by continuing recession.
Recession, job loss, and expensive oil, not war, is what Americans fear most for 2008.
The main lesson from the experience of 2008 and the subsequent deep recession is that it is much better to prevent big banks from failing than to deal with the consequences when they do.
This is not an encouraging foundation for addressing the challenge of recession or weak growth in the eurozone’s core economies.
Europe is losing out in the worldwide race for talent, and the global recession is providing an opportunity to redesign the geography of human capital endowments.
So only the EU’s strongest countries can really do anything against the sharply worsening recession.
The Great BacklashNEW YORK – In the immediate aftermath of the 2008 global financial crisis, policymakers’ success in preventing the Great Recession from turning into Great Depression II held in check demands for protectionist and inward-looking measures.
But, as the European economy risks falling into recession, many observers are asking whether “austerity” could be self-defeating.
Indeed, notwithstanding the Fed’s massive liquidity injection, the American consumer – who suffered the most during the wrenching balance-sheet recession of 2008-2009 – has not recovered.
The first is a decade of dismal economic performance: for anyone below the age of 30, especially in Europe, the new normal is recession and stagnation.
Unfortunately, because Italy will still be in recession next year, its actual deficit is expected to be 1.8% of GDP, adding to the national debt.
Back to Housing BubblesNEW YORK – It is widely agreed that a series of collapsing housing-market bubbles triggered the global financial crisis of 2008-2009, along with the severe recession that followed.
Either way, the result would be the same: recession and stagnation.
Some, noting that the eurozone’s double-dip recession has ended, conclude that the austerity medicine has worked.
The Confederation of Indian Industry estimates that, despite the recent global financial crisis and the US recession that sparked it, bilateral trade in services is likely to grow from $60 billion to more than $150 billion in the next six years.
China’s slowdown and prolonged recession in parts of Europe have weakened demand in global commodity markets, depressing growth in commodity-exporting countries like Brazil, Russia, and South Africa.
Many economists now believe that in the member states hit hardest by the 2008 global financial crisis and the subsequent euro crisis, “austerity” aggravated the recession.
A Sustainable RecoveryNEW YORK – The global recession now underway is the result not only of a financial panic, but also of more basic uncertainty about the future direction of the world economy.
The result is a massive budget deficit, which will expand to gargantuan proportions in the coming year (perhaps $1 trillion) under the added weight of recession, bank bailouts, and short-term fiscal stimulus measures.
Wealthy countries worry about recession, while the poor can no longer afford to eat.
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