The folly of repeating these calls, despite long -
term stagnation, reeks of myopia, self - interest and obliviousness.
Recent outlooks suggest we may experience long -
term stagnation and unemployment comparable to Japan's lost decade.
To get a sense of long -
term stagnation, let's look at the data going back 38 years, to 1977.
Not exact matches
How could wage
stagnation, a negative long -
term trend, be helping the American economy?
On the other hand, the individual cuts that Hubbard helped shepherd through under President Bush, and the individual cuts that Goolsbee helped shepherd through under President Obama — they didn't do much to address the bigger, longer -
term trend of wage
stagnation.
Many experts expect a period of long -
term economic
stagnation in the EURO area.
Medium -
term risks include
stagnation and low potential growth in advanced economies and a decline in potential growth in emerging markets».
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.
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.
Together with the current price of long -
term bonds, this suggests that the kind of Japan - style
stagnation that has plagued the industrial world in recent years may be with us for quite some time.
From the perspective of secular
stagnation theory, much of what people worry about in monetary policy is endogenous rather than exogenous — such as zero rates, conditions that give rise to negative long -
term rates, decisions to expand balance sheets.
Jury is still out on secular
stagnation — «At present, it looks likely that the equilibrium interest rate will remain low for the policy - relevant future, but there have in the past been both long swings and short -
term changes in what can be thought of as equilibrium real rates»
«Long -
term, that's going to be bad for growth and mean even more
stagnation in the Russian economy.»
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.
It really has been an extraordinary six years in
terms of progress, especially when you compare it to the preceding decades of
stagnation.
It essentially involves adding a
term for the
stagnation pressure based on the well - known Bernoulli equation of fluid dynamics.
A hot ginger compress can dissolve
stagnation in the body both physically and in
terms of the flow of energy.
Ventricular varicose veins, also known as hypopituitarism, is a
term for the decline of the venous drainage function of the venous system in the foot region leading to
stagnation.
Gnomeo and Juliet have reached a point of romantic
stagnation in their relationship (a wrinkle Shakespeare perhaps didn't consider), and they now have to consider themselves more of a long -
term romantic partnership than a pair of star - crossed lovers.
We need to see periods of
stagnation and even regression as natural phases in a long -
term growth process, not as evidence of our inability.
The game does kind of limit you in
terms of new bikes and customization, which can lead to a bit of
stagnation.
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.
And in
terms private sector modest growth in entire space sector, rather than
stagnation or reduction.
Weyl (1968), speculating that the «temporary
stagnation» of the bottom water would end because of warming by the interior heat of the Earth; the role of glacial meltwater suppressing North Atlantic Deep Water production was also pioneered by Worthington (1968); a neat explanation of the entire circulation in
terms of water evaporating from the North Atlantic more than from the cooler North Pacific was indicated by Warren (1983).
Solar power could very well experience a similar technological
stagnation: In the short
term, solar's rise will continue unimpeded.
The biggest problems with all the talk of «hiatus»,» pause», «
stagnation» etc, is that none of these
terms is properly defined (if at all) in this case.
The UK statistics represent a near -
stagnation in the long -
term downward trend in road deaths as there has been no significant change since 2011.
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.