Growth in a Recession

Andrew Lester

Chapter Chapter 12 in Growth Management, 2009, pp 169-188 from Palgrave Macmillan

Abstract: Abstract There is a definition of an economic recession – two successive quarters in a year when the economy shrinks rather than grows. A lot of western journalists and economists refer to “negative growth”, and although it may seem a bit crazy to talk of a negative positive instead of using the simple term “a decline” it is actually a very good description.

Keywords: Economic Cycle; Credit Crunch; Growth Management; Tough Time; Sales Team (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-23356-0_12

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DOI: 10.1057/9780230233560_12

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