The Fed will need to drop the script if we get
stagflationOur economy is already witnessing slow growth so if you add inflation to it, you will trigger
stagflation," he added.
experiencing de-industrialization in the face of
stagflation, began crafting a bill to put things into practice.
Ulyukayev told reporters that
stagflation was an appropriate term to use in Russia today, RIA News A reported.
We, similar to many other places in the world, are caught in a classic
stagflation situation.
President ICCI said cut in mark-up rates would not only strengthen economic activities but would also go a long way in controlling
stagflation that was giving birth to many economic problems besides jacking up the graph of unemployment.
India's economy is in
stagflation with notably weaker growth but inflation still stubbornly high, said Glenn Levine, senior economist, Moody's Analytics.
Action now is crucial to ensure the UK isn't gripped by
stagflation, with the economy in the slow lane but inflation rising.
Stagflation is a situation in which the inflation rate is high and the economic growth rate is lower than its long-term trend.
However, Magda Kandil, economist and executive director of the Egyptian Center for Economic Studies, is wary that the country's economy may be approaching a standstill, or
stagflation.
Stagflation is paradoxical in that inflation generally creeps into the economy during periods of strong economic growth.
This
stagflation had been triggered by the application of Keynesian policies and expansion and growth of government in the 1960s and 1970s (Hayek, 1979).
In tracing the evolution of the third period, Morgan rightly associates the transition to chronic, large deficits to the
stagflation that followed the supply shocks and oil embargoes of the 1970s.
Pakistan's economy is virtually in
stagflation, as the country witnessed low economic growth and high inflation during the fiscal year 2010-11 ended on June 30.
amp;nbsp; This is simply another institution pointing out the new global phenomenon,
Stagflation.