Great Moderation: Difference between revisions
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Latest revision as of 15:46, 29 May 2024
Economics.
The Great Moderation was a period from the mid-1980s until 2007.
It is generally viewed as a period of relative economic stability for many parts of the developed world, above-trend growth, declining inflation and improving living standards.
The Great Moderation ended with global financial crisis that started in 2007/8.
