to policymakers who are struggling to convince people high gasoline prices don't mean a return to 70s-style stagflation.
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STAGFLATION
Stagflation is an economic situation in which inflation and economic stagnation occur simultaneously and remain unchecked for a period of time. This is significant because, in postwar macroeconomic theory, inflation and recession were regarded as mutually exclusive, and also because stagflation has generally proven to be difficult and costly to eradicate once it gets started. For example, in 2008, the Federal Reserve made rate cuts to fight the credit crisis, causing commodity prices to soar.
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were felt in the 1970s when commodity prices soared. ?Although [price] increases conjure up the spectre of 1970s-style...
with a lingering sovereign debt crisis and Japan, which has failed to completely extricate itself from its decades-long...
this year before accelerating to 2.9% next year. Fears that higher commodity prices will lead to 1970s-style...
he has claimed since the disputed election, he will still have to confront longstanding ethnic divisions, years of...
this year before accelerating to 2.9% next year. Fears that higher commodity prices will lead to 1970s-style...
combination of strong demand growth and a number of supply shocks. These increases conjure the specter of 1970s-style...
amounts to Britons being ��27.3billion worse off. The country appears to be locked into a period of stagflation, where...
often-heard argument in China that a sharp rise in the yen in the 1980s led to Japan���s economic stagnation.
this year before accelerating to 2.9% next year. Fears that higher commodity prices will lead to 1970s-style...
Tiananmen, when China's growth rate fell by two-thirds to an average of just 4%. Political unrest produced economic...
Tiananmen, when China's growth rate fell by two-thirds to an average of just 4%. Political unrest produced economic...
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its historic low of 0.5 per cent amid warnings that Britain was in the grip of a 'stagflation' crisis.
numbers and maybe, by promoting better education, help reverse Pakistan's descent into religious conservatism, violent...
on bedrock issues such as unemployment and purchasing power, said one pollster. But for whatever reason - persistent...
significant role in Pyongyang's decision to conduct a second test. "North Korea had seen 10 years of economic...
Portugal's need for foreign aid has surprised few in a country where the signs of economic stagnation have been visible...
clear break with the Washington status quo. Reagan reversed the policies of the Carter presidency and the infamous...
uprising, and the very thought of a spring is enough to strike the dread of high oil price-inspired stagflation in many...
that depend a good deal on government spending to generate growth, rapid decreases in spending have meant sustained...
that depend a good deal on government spending to generate growth, rapid decreases in spending have meant sustained...
of Jim Scullin was elected with plans to deliver greater prosperity to every Australian after five years of economic...
that depend a good deal on government spending to generate growth, rapid decreases in spending have meant sustained...
that depend a good deal on government spending to generate growth, rapid decreases in spending have meant sustained...
Top Sources: Stagflation
- Guardian Unlimited
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- Boston Globe
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- The Economist
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- fool.co.uk
- New York Times
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