After 1980, during the recession, many high rise construction projects were immediately halted.

London's property market fared well during the downturn as foreign buyers piled into the capital.

Many governments increase spending excessively in booms, and then are forced to cut back in downturns, thereby exacerbating the cyclical swings.

Even during the recession of 2001, those assembled in Davos believed that the downturn would be short lived.

Even during the recession of 2001, those assembled in Davos believed that the downturn would be short lived.

As the ongoing recession exhausts the traditional instruments of monetary policy, central banks are opting for new rounds of quantitative easing (QE).

Capital buffers to absorb losses during the downturn of the cycle can be more easily built during the upswing.

Nobody should underestimate the difficulty of rebuilding Sri Lanka s war ravaged north and reconciling the Tamils at a time of global recession.

The majority of international money transfers come from working mothers who moved to Spain during the economic downturn of 2003.

Twelve years of dedication, commitment, and achievement proves that QNet is a business that can thrive even through a global recession.

The productivity growth that was sustained through the downturn presented both an opportunity and a challenge.

But IMF accounting inhibits the use of these funds to help stabilize an economy through counter cyclical fiscal spending.

Work sharing might keep more people marginally attached to their jobs in an economic slump, thereby preserving their self esteem.

A downward trend can be observed in the student capacity of all kinds of secondary and higher education institutions.

Historical statistical relationships are perhaps cold comfort in a downturn that now seems so insidiously different from previous catastrophes.

But, with the real estate sector finally facing a downturn, the time to rethink this investment strategy has arrived.

STANFORD, CALIFORNIA The current credit crisis has led to scaled back projections for growth around the world.

Wages falter during recessions if the Fed then raises interest rates every time there is a sign of wage growth, workers share will be ratcheted down never recovering what was lost in the downturn.

Against the backdrop of the sub prime crisis, the disasters at many financial institutions, and the weakening of the stock market, these masters of the universe seemed less omniscient than they did a short while ago.

This was evident during the recession of the 1980s when the informal sector was a major source of employment, thus helping to maintain social stability.

Consider the evidence of that decline

The rate of economic decline has slowed.

To the extent that this sense of decline is grounded in reality, can Japan recover?

In Italy, we have recently witnessed a significant demographic drop caused by a tangible decrease in births.

At a time of economic downturn, domestic banks find government bonds a safe place to park their money, making it less difficult for the government to finance its mounting fiscal deficit.

CHICAGO Monetary and fiscal policies in the United States, both in this recession and the recession of 2001, have been among the most accommodating in the industrial world. As I write, Congress is working on yet another jobs bill.  Indeed, John Taylor of Stanford University attributes the recent financial crisis to excessively stimulatory monetary policy towards the end of Alan Greenspan s tenure as head of the US Federal Reserve.

During Breaks

First, it's time.

Great timing!

While I was studying.

During the war.

It's during a break.

During the occupation.

ON PREGNANCY

PARIS Three types of recessions exist.

Now, A World in Recession

Stock Markets Fear of Falling

And we have to reclaim them.

Sir, this afternoon... in the schoolyard,

The IMF's economic framework still does not provide for countercyclical fiscal policies, because the IMF remains ambivalent about the standard Keynesian prescription of stimulating an economy in a downturn.

18. Owing to the world recession, the overall level of economic activity declined in financial year 1992 93.

When I'm on tour, I have lots of fun.

A friend loves at all times and a brother is born for adversity.

A friend loveth at all times, and a brother is born for adversity.

Italy is in economic decline.