Closed economy 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. | |||
==See also== | Opposite to Procyclical. | ||
* [[ | |||
== See also == | |||
* [[Procyclical]] | |||
* [[ | * [[Total Loss Absorbing Capacity]] | ||
Revision as of 14:39, 1 September 2015
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.
