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BASSE CONJONCTURE [1 record]

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Alphabetical list of terms

Record 1 2004-09-23

English

Subject field(s)
  • Economic Fluctuations
  • National and International Economics
DEF

A term used to describe a depression or recession. This would occur in a period of high unemployment, increased bankruptcies and company liquidations, a fall in consumer spending. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

CONT

Internationally, it would have a knock-on effect, so that where a slump occurs in one major country, it would, by a process or balance-of-payment difficulties, restriction in trade, influence economic conditions in other countries. [Klein, Gerald. Dictionary of Banking. Pitman Publishing, 1995].

OBS

Compare "breakdown" and "depression".

Key term(s)
  • business slump

French

Domaine(s)
  • Fluctuations économiques
  • Économie nationale et internationale
Key term(s)
  • basse conjoncture
  • chute

Spanish

Campo(s) temático(s)
  • Fluctuaciones económicas
  • Economía nacional e internacional
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