Client Assets Sourcebook and Countercyclical: Difference between pages
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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]] | |||
* [[Procyclical]] | |||
* [[Total Loss Absorbing Capacity]] | |||
[[Category:The_business_context]] | [[Category:The_business_context]] | ||
[[Category: | [[Category:Manage_risks]] | ||
Revision as of 16:51, 24 March 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.