102,854
edits
Changes
From Nordan Symposia
Jump to navigationJump to searchCreated page with 'File:lighterstill.jpg ==Origin== Latin. stagn{a}t- ppl. stem of stagn{a}re to stagnate, to be overflowed, f. stagn-um pool *[http://en.wikipedia.org/wiki/17th_century 1666] ...'
[[File:lighterstill.jpg]]
==Origin==
Latin. stagn{a}t- ppl. stem of stagn{a}re to stagnate, to be overflowed, f. stagn-um pool
*[http://en.wikipedia.org/wiki/17th_century 1666]
==Definitions==
*1a : not [[flowing]] in a current or [[stream]] <stagnant water>
:b : stale <long disuse had made the air stagnant and foul — Bram Stoker>
2: not advancing or [[developing]] <a stagnant [[economy]]>
==Description==
[[Economic]] '''stagnation''' or economic immobilism, often called simply stagnation or immobilism, is a prolonged period of slow economic [[growth]] ([[traditionally]] [[measured]] in terms of the [http://en.wikipedia.org/wiki/GDP GDP] growth). Under some definitions, "slow" means significantly slower than [[potential]] growth as estimated by experts in [http://en.wikipedia.org/wiki/Macroeconomics macroeconomics]. Under other definitions, [[growth]] less than 2-3% per year is a sign of stagnation.
The term bears [[negative]] connotations, but slow economic [[growth]] is not always the fault of economic policymakers. For example, [[potential]] [[growth]] may be slowed down by [[catastrophic]] or [[demographic]] reasons.
Economic stagnation [[theories]] originated during the [http://en.wikipedia.org/wiki/Great_Depression Great Depression] and came to be [[associated]] with early [http://en.wikipedia.org/wiki/Keynesian_economics Keynesian economics] and [http://en.wikipedia.org/wiki/Harvard_University Harvard University] economics professor [http://en.wikipedia.org/wiki/Alvin_Hansen Alvin Hansen].
[[Category: Economics]]
==Origin==
Latin. stagn{a}t- ppl. stem of stagn{a}re to stagnate, to be overflowed, f. stagn-um pool
*[http://en.wikipedia.org/wiki/17th_century 1666]
==Definitions==
*1a : not [[flowing]] in a current or [[stream]] <stagnant water>
:b : stale <long disuse had made the air stagnant and foul — Bram Stoker>
2: not advancing or [[developing]] <a stagnant [[economy]]>
==Description==
[[Economic]] '''stagnation''' or economic immobilism, often called simply stagnation or immobilism, is a prolonged period of slow economic [[growth]] ([[traditionally]] [[measured]] in terms of the [http://en.wikipedia.org/wiki/GDP GDP] growth). Under some definitions, "slow" means significantly slower than [[potential]] growth as estimated by experts in [http://en.wikipedia.org/wiki/Macroeconomics macroeconomics]. Under other definitions, [[growth]] less than 2-3% per year is a sign of stagnation.
The term bears [[negative]] connotations, but slow economic [[growth]] is not always the fault of economic policymakers. For example, [[potential]] [[growth]] may be slowed down by [[catastrophic]] or [[demographic]] reasons.
Economic stagnation [[theories]] originated during the [http://en.wikipedia.org/wiki/Great_Depression Great Depression] and came to be [[associated]] with early [http://en.wikipedia.org/wiki/Keynesian_economics Keynesian economics] and [http://en.wikipedia.org/wiki/Harvard_University Harvard University] economics professor [http://en.wikipedia.org/wiki/Alvin_Hansen Alvin Hansen].
[[Category: Economics]]
