recession
(redirected from Real economic crisis)Also found in: Dictionary, Medical, Legal, Financial, Encyclopedia.
- noun
Also found in: Dictionary, Medical, Legal, Financial, Encyclopedia.
References in periodicals archive
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Therefore, this is not a real economic crisis, like the crash of 1929, but a rise and transformation spread over a period of time.
default remained remote and were unlikely to translate into a real economic crisis.
The Government must cut the rhetoric and put credible plans in place now to address the long-term issue before these difficult times becomes a real economic crisis.
While the economic miracle that is the UAE is far from dead, the very real economic crisis in which the country finds itself has thrust upon it a set of challenges that will require courage and ingenuity to overcome.
Acutely aware of the vulnerability of some African states to external shocks, the Bank swiftly convened a meeting of African finance ministers and central bank governors to assess the impact of the real economic crisis and swung into action.
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