Sentences with phrase «term economic stagnation»
FRANKFURT — The European Central Bank said on Thursday that it would begin buying hundreds of billions of euros worth of government bonds in an aggressive — though some say belated — attempt to prevent the eurozone from becoming trapped in long - term economic stagnation.
https://www.nytimes.com/
Many experts expect a period of long - term economic stagnation in the EURO area.
Not exact matches
While there are some signs of recognition such as the Fed's reduction in its estimated neutral rate from 4.5 percent to 3.0 percent during the last 2 years, the IMF's explicit use of the term secular stagnation in its World Economic Outlook, ECB president Mario Draghi's call for global coordination and greater use of fiscal policy, and Japan's indicated interest in fiscal - monetary cooperation, policymakers still have not made sufficiently radical adjustments in their world view to reflect this new reality of a world where generating adequate nominal GDP growth is likely to be the primary macroeconomic policy challenge for the next decade.
Profits at Japanese automakers have surged in yen terms as the Japanese currency weakened against the U.S. dollar over the past year, helped by a mammoth Bank of Japan effort to expand the money supply and ignite inflation to end years of economic stagnation.
And, not least, there are profound underlying problems with the political economy which has been built through the existing UK state: the fragility and unevenness of economic growth, employment precarity, long - term wage stagnation and housing market inequality.
This flurry of research and review is of course timed to help world leaders at Davos concentrate on the longer - term problems of climate change, environmental degradation, and food security, in addition to immediate problems of economic stagnation, poverty, conflict and so on.
The Harvard Project set out to understand why some tribes had been able to break away from long term poverty and economic stagnation, with all the attendant social problems, while others had not.