Advertisement
Advertisement
countercyclical
[koun-ter-sahy-kli-kuhl, -sik-li-]
adjective
opposing the trend of a business or economic cycle; countervailing.
a countercyclical monetary policy.
Word History and Origins
Origin of countercyclical1
Example Sentences
“Companies should prioritize the balance sheet, as even though the buybacks provide a visible return on investment, downturns could cause disruptions and drive potential countercyclical opportunities for future growth,” analysts at RBC Capital Markets said.
Aghion and Howitt lay out seven ingredients that enable the innovation flywheel: a balanced competition, patent protection that doesn’t go too far, support for higher education, finance innovation, countercyclical fiscal policy, open trade, and productive bankruptcy laws that efficiently reallocate capital and labor.
"Prudent monetary policy should be precise and forceful, with greater emphasis on cross-cyclical and countercyclical adjustments, enriching the monetary policy toolbox," the bank said.
"We expect the July Politburo meeting statement to continue emphasising 'countercyclical adjustment' of monetary policy and 'more proactive' fiscal policy," economists at Goldman Sachs said in a note.
By generating jobs in construction, public housing development acts as a countercyclical stimulus measure, boosting employment in a critical sector with significant multiplier effects across the entire economy.
Advertisement
Advertisement
Advertisement
Advertisement
Browse