DEFINITION of 'hard landing' | Information 2019 - What is it?
Hard landing belongs to noted economic recession or recession after the period of rapid growth.
2019 - Hard landing
Hard landing, Information - 2019
DESTRUCTION of 'hard landing' | Information 2019 - What is it?
The term "hard landing" arrives from aircraft where it belongs to a type of a high-speed landing that - while not the actual accident - is tension source, and also potential damage and a wound. The metaphor is used for ambitious economic systems which face sudden, sharp check on their growth, such as intervention of currency policy meant to bridle inflation.
The Federal Reserve System, for example, quickly increased interest rates by some points in her stories, lighting recessions repeatedly in the 20th century.
Recently the term was most often applied to China which possessed decades is supernatural high growth rates of the gross domestic product (GDP) which - to some observers - adjusted him for hard landing. On high levels of debt, especially at the level of local authority, often specify as the potential catalyst for recession, as the high property prices in many Chinese cities.
At the end of 2015, after fast Credit Cards of yuan and softening trade turnovers, many observers were afraid of the Chinese hard landing: Societe Generale placed disagreements in 30 percent's . Trade turnovers recovered and the stabilized currency markets, but at the Chinese recession - or it is more probable, abrupt falling of growth rate - is potential strongly to hit commodity producers with chain reactions for all world economy.
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