Economy - is a dynamically developing sphere of human life.It can both progress and degraded, in addition to all this, it is possible stagnation.The situation is accompanied by stagnation, defined as stagnation.
Thus, it appears that the stagnation - an economic situation characterized by low GDP growth and the steady increase in the unemployment rate.During this period, a decrease in the welfare of the entire population.
Speaking of what the stagnation, attention should be paid to the structure of the economy.It is not subject to any changes, especially the impact on scientific and technical progress.The fact is that the economic situation is so vulnerable that it can not accept any innovations.The stagnation of the economy in which there is a high level of inflation is called stagflation.
In order to understand what is stagnant in a particular situation, it is necessary to trace the dynamics of changes in GDP for several years.And if it is characterized by a value in the range of 2 to 3 percent, then we can say about the upcoming stasis.Nevertheless, we note that there are exceptions to this situation, as the economic situation is heterogeneous and multifaceted.
Often people believe that stagnation - is the same as that of the economic crisis.This view is wrong, and to prove it should be noted that the economic crisis is subjected to an incredibly sharp GDP contraction, while stagnation - a period in which GDP is simply not increased or increased, but only slightly.
Economic stagnation is primarily associated with the name of the American economist Alvin Hansen.Thanks to him, in 1930 brought in the economic life of such a term as stagnation, which translated into Russian means "a century of stagnation."Such innovation is associated with a real stagnation in the US economy.To solve this problem, it was decided to expand government spending and lead to a state budget deficit.The strategy worked, and the economic situation has again become full circle.The stagnation of the economy has not passed, and by the Soviet Union, and became associated with the period when Leonid Brezhnev was in power.Stagnation in the Soviet Union was characterized by an inflation rate of 2.5 to 3 percent.
Based on the previously studied cases, it turns out that the stagnation - a long-term situation arising due to using up all the cheap and readily available resources, contributing to the growth of economic prosperity continues.There is scientific consensus that stagnation may go around the world and include all countries simultaneously.For such a case, Tyler Cowen has introduced such a thing as "The Great Stagnation."Such a situation would be krushitelnoy for the world economy, and in this connection it is necessary to do everything to avoid it.And it needs to be maintained at the appropriate level affecting her performance.Thus, people will be happy, and the state will not be a headache for the decision of difficult economic problems.
