Clause and Countercyclical: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Link with Arbitration clause page.) |
imported>Doug Williamson (Add link.) |
||
Line 1: | Line 1: | ||
An economic or financial policy that works against the cyclical tendencies in the economy. | |||
Countercyclical policies cool down the economy when it is in an upswing, and stimulate the economy when it is in a downturn. | |||
Opposite to Procyclical. | |||
== See also == | == See also == | ||
* [[ | * [[Countercyclical buffer]] | ||
* [[ | * [[Cyclical]] | ||
* [[ | * [[Procyclical]] | ||
* [[ | * [[Total Loss Absorbing Capacity]] | ||
[[Category: | [[Category:The_business_context]] | ||
[[Category: | [[Category:Manage_risks]] |
Latest revision as of 18:42, 7 June 2020
An economic or financial policy that works against the cyclical tendencies in the economy.
Countercyclical policies cool down the economy when it is in an upswing, and stimulate the economy when it is in a downturn.
Opposite to Procyclical.