Countercyclical: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Layout.) |
imported>Doug Williamson (Add category.) |
||
| Line 10: | Line 10: | ||
* [[Countercyclical buffer]] | * [[Countercyclical buffer]] | ||
* [[Total Loss Absorbing Capacity]] | * [[Total Loss Absorbing Capacity]] | ||
[[Category:The_business_context]] | |||
[[Category:Manage_risks]] | |||
Revision as of 16:07, 24 March 2020
An economic or financial policy that works against the cyclical tendencies in the economy.
Countercyclical policies cool down the economy when it is in an upswing, and stimulate the economy when it is in a downturn.
Opposite to Procyclical.
