Stagnation
in sentence
690 examples of Stagnation in a sentence
Here, the answer also seems to be yes, suggesting that we are also facing another type of secular
stagnation
– call it “secular
stagnation
two” (SS2) – that is dictated by our unwillingness or inability to implement the right policy mix.
They seem condemned by their heavy debt burdens to years of
stagnation
or slow growth, widening inequality, and possible social strife.
Since then, they have fallen back on a discredited theory of “secular stagnation” to explain the tepid recovery.
Moreover, it contrasts sharply with the expectations of secular
stagnation
in the developed world.
Sub-Saharan Africa is breaking through to sustained development – creating a new frontier of growth after decades of
stagnation.
His greatest disservice to Italians was his inaction in the face of economic stagnation, but at least he didn’t make it worse.
Behind the cold statistics, lives are being ruined, dreams are being dashed, and families are falling apart (or not being formed) as
stagnation
– depression in some places – runs on year after year.
This approach would promote socially diverse and productive neighborhoods, rather than segregation and pockets of economic
stagnation.
The resulting monetary expansion in the second half of the 1980’s fueled Japan’s massive asset-price bubble, the collapse of which seemed to lead directly to the country’s “lost decade” of
stagnation.
Since 1991, Japan has been mired in what Harvard economist Alvin Hansen, a contemporary of Keynes, once described as “secular stagnation.”
Almost three years ago, former US Treasury Secretary Larry Summers revived Alvin Hansen’s “secular stagnation” hypothesis, emphasizing demand-side constraints.
An increasing concentration of income at the top, combined with top earners’ high propensity to save, then leads to the chronic shortfall of aggregate demand that characterizes secular
stagnation.
India appeared mired in
stagnation.
If this interpretation is correct, the contrast between the dynamism of the US and the small countries in Northern Europe on the one hand, and the
stagnation
of the large EU countries on the other hand, is likely to become starker.
By 1990, the investment boom had become a bust, the asset bubble had burst, and Japan began two decades of
stagnation.
From their perspective, Germany’s decision over the last three years to permit actual and prospective transfers just large enough to prevent financial meltdown will somehow be enough to enable the eurozone finally to begin to recover from a half-decade of recession and
stagnation.
On the other hand, there is a growing sense that America’s current economic malaise – high unemployment and real-wage
stagnation
for low- and middle-skilled workers – stems from out-of-control fiscal policy, which has been taking ever larger amounts of resources from young savers and giving them to old spenders.
Those seeking a cure for the current malaise of “secular stagnation” – slow growth and sub-2% inflation – shouldn’t claim too much for the beneficial macroeconomic effects of trade agreements.
Just as Putin’s gross mismanagement of the economy has led even the economics minister to predict
stagnation
for the rest of this decade, his geopolitical nostalgia is poised to saddle Russians with the same dysfunctional empire that impoverished them under the Soviets.
Many younger Japanese have told me that they are “fed up” with
stagnation
and drift.
Indeed, if the advanced economies were to suffer from secular stagnation, a world with negative interest rates on both short- and long-term bonds could become the new normal.
The region’s chronic under-investment in education, particularly in science and technology, is partly responsible for its economic
stagnation
during the past quarter-century.
Beyond Secular StagnationNEW YORK – As Larry Summers rightly points out, the term “secular stagnation” became popular as World War II was drawing to a close.
Like some modern-day secular
stagnation
advocates, there were deep flaws in the underlying micro- and macroeconomic analysis – most importantly, in the analysis of the causes of the Great Depression itself.
It should be clear, though, that there is nothing natural or inevitable about secular
stagnation
in the level of aggregate demand at zero interest rates.
No one wants to go from being a world-beater to a poster child for economic
stagnation.
Thus, for the time being, we are likely to remain in what the IMF calls the “new mediocre,” Larry Summers calls “secular stagnation,” and the Chinese call the “new normal.”
Instead of falling back into recession or secular stagnation, the US economy continued growing and creating jobs as the stimulus was reduced and then stopped.
One needn’t accept this Machiavellian view to recognize that trying to cut back on the use of fossil fuels in the absence of practical alternatives is a recipe for economic
stagnation.
Empowering Europe’s RomaBUDAPEST – Across Europe, millions are suffering from unemployment and the prospect of a long period of economic
stagnation.
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