duruk şişkinlik brit

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stagflation
Inflation accompanied by stagnant growth, unemployment or recession
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
High inflation and high unemployment occurring simultaneously
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 process of a rising price level and falling real GDP
High unemployment and a rising price level at the same time
the combination of stagnation and rising inflation, a development in the 1970s which classical economic theory could not account for
stagflation is inflation that occurs while the economy is growing slowly ("stagnating") or having a recession
a condition when an economy experiences both high unemployment and high inflation
a period of slow economic growth and high unemployment (stagnation) while prices rise (inflation)
A situation in which a nation's economy is characterized by relatively high price inflation and low (or negative) rates of economic growth
The combination of slow economic growth and high employment (stagnation) with inflation
{i} period characterized by an increase in unemployment and a decrease in economic development and growth (combination of stagnation + inflation)
The simultaneous occurrence of substantial unemployment and 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
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