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This is a list of recessions (and depressions) that have affected the economy of the United Kingdom and its predecessor states. In the United Kingdom a recession is generally defined as two successive quarters of negative economic growth, as measured by the seasonally adjusted quarter-on-quarter figures for real GDP. Name Dates Duration Real GDP reduction Causes Other data Great Slump c. 1430 ...
Japan's economy contracted at an annualized pace of 0.4% in the last three months of 2023, causing it to lose its position as the world’s third-largest economy to Germany.
Current events; Random article; About Wikipedia; Contact us; Contribute ... List of recessions in the United Kingdom; Lists of recessions; 0–9. 99ers; 1973–1975 ...
Current events; Random article; ... The following articles contain lists of recessions: List of recessions in the United Kingdom; List of recessions in the United States
The worst-case scenario imagines inflation peaking at 17% in 2023 and averaging at 11% over three years, UK GDP falling by 5% over the first year, and UK unemployment more than doubling to a peak ...
[5] [6] In the United Kingdom and Canada, a recession is defined as negative economic growth for two consecutive quarters. [11] Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply and decreasing interest rates or increasing government spending and decreasing taxation.
Pages in category "Great Recession in the United Kingdom" The following 12 pages are in this category, out of 12 total. This list may not reflect recent changes .
Comparisons between the Great Recession and the Great Depression explores the experiences in the United States and the United Kingdom.. On April 17, 2009, head of the IMF Dominique Strauss-Kahn said that there was a chance that certain countries may not implement the proper policies to avoid feedback mechanisms that could eventually turn the recession into a depression.