经济聚焦.docVIP

经济聚焦 Economics focus 经济聚焦 Redefining recession 重新定义经济衰退 A new yardstick for measuring slumps is long overdue 衡量经济衰退的新标准迟到了。 THERE has been a nasty outbreak of R-worditis. Newspapersare full of stories about which of the big economies will be first to dip intorecession as a result of the credit crunch. The answer depends largely on whatyou mean by “recession”. Most economists assume that it implies a fall in realGDP. But this has created a lot of confusion: the standard definition ofrecession needs rethinking. 那些令人讨厌的老话题又开始了。报纸上充斥着很多这样的故事：谁将成为受信贷危机影响而第一个进入衰退的主要经济体。答案很大程度上取决于对”经济衰退”的定义。大部分经济学家认为