A combination of high inflation and slow economic growth A term coined in the 1970s, stagflation described the previously unprecedented combination of high unemployment (stagnation) with rising prices (inflation) The principal factor was the fourfold increase in oil prices imposed by OPEC in 1973, which raised prices throughout the economy while slowing economic growth Traditional fiscal and monetary policies aimed at reducing unemployment only exacerbated the inflationary effects BACK TO TOP
a situation in which high inflation is combined with low growth and high unemployment
Economic growth rates below the level necessary for full employment combined with severe inflationary tendencies
If an economy is suffering from stagflation, inflation is high but there is no increase in the demand for goods or in the number of people who have jobs. an economic situation in which there is inflation (=a continuing rise in prices) but many people do not have jobs and businesses are not doing well (stagnation + inflation)
A period of time in which both the unemployment rate and the rate of inflation are relatively high
A combination of economic inflation and industrial recession, during which consumer prices rise but business output falls This is often accompanied by rising unemployment at businesses cut back A recent example of stagflation was in the U S during the 1970s, when rapidly-rising oil prices pushed consumer prices up sharply but caused businesses to cut back production
An economic downturn characterized by the simultaneous existence of stagnation and persistent and intractable inflation In the light of conventional economic theory, the condition of stagnation is puzzling since each of the above two conditions (i e , stagnation and inflation) is considered a correction for the other For instance, the phenomenon of inflation, which is caused by the existence of an excess of money pursuing too few goods in the market, is usually considered a spur for slack demand The simultaneous existence of slack demand and rising prices is usually explained by the rigidity of prices in modern economies The downward inflexibility of prices in modern economies occasioned mainly by the attitudes of resistance on the part of workers and company management to lessened growth and to cuts in wages and prices, makes any economic slowdown less effective in curtailing price rises than is expected by coventional economic analysis
Türkisch - Türkisch
Definition von stagflasyon im Türkisch Türkisch wörterbuch
(Ekonomi) Stagflasyon, ekonomik durgunluk ile enflasyonun aynı anda yaşandığı makroekonomik duruma verilen addır. Bu durumda ekonomideki işsizlik oranı artarken fiyatlar da hızla yükselmektedir
(Ekonomi) Stagflasyon, ekonomik durgunluk ile enflasyonun aynı anda yaşandığı makroekonomik duruma verilen addır. Bu durumda ekonomideki işsizlik oranı artarken fiyatlar da hızla yükselmektedir. 1970 yılında İngilizcede stagnant (durgun) ile inflation (enflasyon, genel fiyat seviyesindeki artış) kelimelerinin birleşmesinden türetilmiştir