from Wiktionary, Creative Commons Attribution/Share-Alike License
- n. A period of economic slowdown characterised by declining productivity and devaluing of financial institutions often due to reckless and unsustainable money lending.
from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.
- n. a long-term economic state characterized by unemployment and low prices and low levels of trade and investment
Sorry, no etymologies found.
More broadly, the region's economic crisis may affect the pace of modernisation of defence capabilities in the region, and this may have implications for the ARF's role.
A risk exists that the G20's forward momentum could falter as the sense of urgency surrounding the global economic crisis eases.
Michel Camdessus, and the President of the World Bank, Mr James Wolfensohn, on the continuing economic crisis in Indonesia.
With respect to Sen. McConnell's plan, as I said, it is constructive to say that if Washington operates as usual and can't get anything done, let's at least avoid Armageddon, Obama said, referring to the economic crisis that would follow a failure to raise the debt limit in time.
The UNHCR study finds anti-refugee sentiment is rising in many industrialized nations due largely to the economic crisis and religious and cultural differences.