In this article the author discusses how Great Britain's economists failed to spot the recession because they questioned the facts and information that would have led them to the correct prediction. The article argues that economists are ...
But one of the reasons it succeeded,aside from a good business model, a good idea, great execution, is the timing. That company came out right during the height of the recession when people really needed extra money, and that...
1. Causes of Recession 1.1. Overheated Economy Economy overheating: means the demand in economy is growing faster than the ability of supply side of the economy to satisfy it. Because we can't produce enough or don't have enough workers. Example, unemployment is high, firms can’t find wor...
TOKYO, Feb. 16 (Xinhua) -- Japan's economy shrank for the second quarter in a row in the October-December period, a sign of economic recession, as the country also dropped to the fourth place in the global economic rankings amid troubled fundamentals. According to preliminary data released ...
The common definition of a recession, and the one most frequently cited in the media, is a period of two consecutive quarterly declines in real GDP. M Shenk 被引量: 2发表: 2008年 Clinical Care and Aims: Why Do We Do What We Do? Exactly What Are We Trying to Achieve? Without an exp...
Continuing price rises aren’t good for anyone but especially for people in developing economies – countries which have industry that’s less developed and have lower living standards. Beth Another possible consequence of inflation is recession –this economic term describes a situation where a ...
We expect a mild economic recession in the US, which is unlikely to spill over to the rest of the world. In fact, we expect strong economic growth in China and India. Also, the economic heft of China and India has grown over the past few decades and the weight of the US in the gl...
They are out of credit card debt and can afford a home and can get a job again when they want one. It's not over when people simply say we're out of recession. Tell that to somebody who can't get a job and is underwater in their home. [The recession will be over] when there...
Another possible consequence of inflation is recession – this economic term describes a situation where a country’s production starts going down, people’s incomes go down and unemployment goes up. 通货膨胀的另一个可能后果是经济衰退。这个经济术语描述的是一个国家的产出开始下降,人民收入下降,失业率...
units under construction has declined by more than 8 per cent since the start of this year. Unlike in the past, construction employment has not fallen yet — perhaps builders are hoarding labour — but if housing construction continues to weaken, we will see a wave of lay-offs in that ...