Glossary entry (derived from question below)
English term or phrase:
stagflation
Lithuanian translation:
stagfliacija
English term
stagflation
If monetary authorities respond appropriately to growing inflationary pressure - recognising that much of it is imported, and not a result of excess domestic demand - we may be able to manage our way through it. But if they raise interest rates relentlessly to meet inflation targets, we should prepare for the worst: another episode of stagflation. (guardian.co.uk)
Once stagflation occurs it is difficult to deal with. The measures a government would usually take to revive an economy in recession (cutting interest rates or increasing government spending) will also increase inflation. (moneyterms.co.uk)
Folks of a certain age might remember the stagflation which dominated the US economy in the 1970s. It was a gloomy time when energy prices (and gasoline lines) dominated the news; when whole industries slumped at the same time, and when job losses and price hikes seemed to travel in tandem. (boston.com)
5 +3 | stagfliacija | Romualdas Zvonkus |
Apr 14, 2009 13:14: changed "Kudoz queue" from "In queue" to "Public"
Apr 14, 2009 13:15: Enrique Cavalitto changed "Stage" from "Preparation" to "Submission"
Apr 17, 2009 13:54: changed "Stage" from "Submission" to "Completion"
Proposed translations
stagfliacija
Stagfliacija – situacija, kai tuo pačiu metu yra aukšta infliacija bei aukštas nedarbo lygis. Taip būna esant ūkio nuosmukiui. Tokia sąvoka atsirado XX a. 7 dešimtmetyje. Kai OPEC sumažino naftos gavybą išaugo jos kaina. Kainos augimas padidino infliaciją ir tuo pačiu bedarbystę. Tuo metu buvo manoma, kad galima sumažinti bedarbystę infliacijos sąskaita (klasikinė Filipso kreivė). Stagfliacijos atsiradimas naujas reiškinys Filipso kreivėje. (Wikipedia)
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