Economic stability

Economic stability is the absence of excessive fluctuations in the macroeconomy.[1][2] An economy with fairly constant output growth and low and stable inflation would be considered economically stable. An economy with frequent large recessions, a pronounced business cycle, very high or variable inflation, or frequent financial crises would be considered economically unstable.

  1. ^ 'The IMF Promotes Global Economic Stability'
  2. ^ "Economic stability". ESCWA. Retrieved 2022-12-28.

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