economic stabilization

Language: en

📖 Definitions

  1. Government policies and measures designed to maintain stable prices, low unemployment, and steady economic growth, often involving control of inflation and management of aggregate demand.; A period or state in which an economy is free from significant fluctuations, such as sharp recessions or hyperinflation.

💬 Examples

  1. The central bank implemented strict monetary controls as part of the economic stabilization plan to curb rising inflation.

  2. After years of volatility, the country finally achieved a period of economic stabilization following the structural reforms.