Fiscal contraction is contractionary, period.

The period of gravitational contraction lasts about 10 to 15 million years.

Credit expansion must now be followed by a period of contraction, because some of the new credit instruments and practices are unsound and unsustainable.

China s Inscrutable Contraction

The Great Contraction of 2008 2009

The Second Great Contraction

This threatens to aggravate the damaging contraction of global trade.

This contraction has become even more severe since then.

After many years of contraction, investment in construction also will rise slightly.

Following the German economy s sharp contraction in the last quarter of 2012, the question for the country today is whether it can avoid a technical recession (defined as two consecutive quarters of economic contraction).

The ensuing losses will aggravate the financial turmoil and economic contraction.

But Keynesianism involved continued fiscal expansion, with no offsetting monetary contraction.

The maximum rate of economic contraction a veritable freefall came in the last quarter of 2008.

But, in a Great Contraction, problem number one is too much debt.

Then We draw it in towards Ourselves , a contraction by easy stages .

Transactions fell by 26 per cent between January and April 2005 as compared with the same period in 2004, according to statistics provided by the United States Department of Agriculture. This contraction includes a drop of 52 per cent in rice imports.

This contraction of the job market has had a greater impact on youth than on adults.

Forecasters assumed that monetary expansion would provide an effective antidote to fiscal contraction.

All of this, according to Reinhart and Rogoff, involves a protracted and pronounced contraction in economic activity.

Nevertheless, the legacy of the huge contraction in credit is not likely to go away anytime soon.

The most common is the theory of explosive thermal contraction of particles under rapid cooling from contact with water.

Growth in high end services employment is matched by contraction in high employment components of manufacturing supply chains.

Second, in 2001, weak capital spending in the corporate sector (accounting for 10 of GDP) underpinned the contraction.

The latest estimates for Italy and Spain project a deeper contraction, prolonged into next year.

And emerging markets will suffer once the US contraction and global slowdown undermines commodity prices.

With a return to output growth, the recession defined as two consecutive quarters of economic contraction is officially over.

But what we have seen since 2007 is an overshooting of the contraction in consumer demand and domestic investment.

Credit expansion must now be followed by a period of contraction, because some of the new credit instruments and practices are unsound and unsustainable. Moreover, the ability of the financial authorities to stimulate the economy is constrained by the unwillingness of the rest of the world to accumulate additional dollar reserves.

In 2004, for example, Chad s 39.4 annual growth rate contrasted sharply with Zimbabwe s 6.8 economic contraction.

A more accurate, if less reassuring, term for the ongoing crisis is the Second Great Contraction.

In contrast, QE3 will be associated with a fiscal contraction, possibly even a large fiscal cliff.

It misjudged the consequences of fiscal consolidation and credit constraints, underestimating the contraction of employment and overestimating exports and privatization receipts.

The contraction of property and stock markets will undoubtedly dampen US household borrowing and demand, potentially triggering a downward spiral.

So the contraction of external deficits is a sign that a correction is under way, and the rebalancing is impressive.

The first Great Contraction of course, was the Great Depression, as emphasized by Anna Schwarz and the late Milton Friedman.

Indeed, the rate of economic contraction in the fourth quarter of 2008 and the first quarter of 2009 reached near depression levels.

At the same time, it spares an already weak economy damaging fiscal contraction in the short run.

There is a real possibility that global growth will register its first contraction since World War II.

Minimum age for marriage and compilation of a marriage act at the vital statistics office upon contraction of the marriage are regulated.

So, what can be done to minimize the fallout of another economic contraction and prevent a deeper depression and financial meltdown?

Even if a bailout plan were implemented quickly which appears increasingly unlikely there would be some credit contraction.

Default likely would be accompanied by severe economic contraction Argentina s GDP fell 15 after it defaulted in 2002.

The Central Bank of the Netherlands expects Dutch GDP to shrink by 0.5 this year following a contraction of about 1 in 2012.

This increased domestic focus at the expense of foreign investments is compounded by a contraction in assets under management during times of crisis.

Given synchronized fiscal retrenchment in most advanced economies, another year of mediocre growth could give way to outright contraction in some countries.