crisis, economic


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crisis, economic:

see depressiondepression,
in economics, period of economic crisis in commerce, finance, and industry, characterized by falling prices, restriction of credit, low output and investment, numerous bankruptcies, and a high level of unemployment.
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References in periodicals archive ?
"While we hope that international conflict resolution efforts will soon reduce the current refugee crisis, economic migration is, and will remain, a constant issue for the EU.
CLAIMS of a staffing crisis, economic chaos and workers' rights have all been used to transform Britain's ailing NHS into a key battleground in the upcoming EU referendum.
"Today, Venezuela suffers a crisis in the three most vital aspects of the nation: a political crisis, economic crisis, and social crisis," Bozo says.
Even if the world were to achieve economic results that avoided crisis, economic recovery would still be fragile.
Equally bleak are the permutations on the international landscape, as Europe struggles to keep up with the ongoing migrant crisis, economic meltdown, and military activity in Ukraine.
It spans a spectrum of research areas such as trade and free trade agreements, imports and exports, comparative advantage and specialization, tariff liberalization, banking regulations and bank efficiency, public debt and the European debt crisis, economic growth, and structural transformation.
We have faced terrorists, power crisis, economic meltdowns, organized crime and so much more.
While, like many other Caribbean countries, Antigua & Barbuda experienced a fall-out from the 2008 global financial crisis, economic policies by the Spencer administration led to a contraction of the private sector and mounting unemployment that rose from 5% when the UPP took office in 2004 to over 25%.
The Thai coup may claim a temporary let-up in the ongoing protests, but in the long run, it is a harbinger of political crisis, economic debacle and social breakdown.
The nine included papers address: fiscal mischief and fiscal constraint in the European crisis, economic Darwinism versus interventionism in economic policy, the impact of competitiveness development on social structures and values, participatory governance of local public utilities, cluster development analysis of embedded systems in the European metropolitan region of Nuremberg, factors of success in mergers and acquisitions performance, social and economic strategies for a sustainable society, and infrastructure economy as a nucleus for more sustainability.
LAHORE -- Punjab Chief Minister Muhammad Shahbaz Sharif has said that due to energy crisis, economic and trade activities have slowed down in the country.
In times of political crisis, economic relations, including tourism and education, are the only alternatives.