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Topic: Late eighties recession


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In the News (Tue 10 Nov 09)

  
  Late 1980s recession - Wikipedia, the free encyclopedia
The recession of the late nineteen-eighties was an economic recession that hit much of the world beginning in 1987.
According to the economists' definition of a recession, two quarters of negative growth, the late eighties recession only covered a brief period in 1987 (although not in the United States), and another in 1990–1991.
In Australia, Paul Keating, the Australian Federal Treasurer during this recession, referred to it as the "recession we had to have." This quote became a cornerstone of the Liberal Party's campaign during the 1993 election, as it seemed to underscore the Labor Party's ineffective management of the national economy.
www.wikipedia.org /wiki/Late_eighties_recession   (560 words)

  
 Late   (Site not responding. Last check: 2007-11-04)
Late 1980s recession The recession of the late nineteen-eighties was a 1987.
Late Tokugawa shogunate The late Edo period and preceded by Meiji era.
Late West Saxon Late West Saxon or West Saxon was one of four distinct dialects of Kentish.
www.brainyencyclopedia.com /topics/late.html   (635 words)

  
 Economic recession of the late 1980s in Australia   (Site not responding. Last check: 2007-11-04)
This recession was brought about by the Stock Market Crash in October 1987.
Paul Keating, the Australian Federal Treasurer during this recession, referred to it as the "recession we had to have".
This quote was used by the Liberal Party of Australia during the 1993 election campaign as a cornerstone of their campaign, pointing out that the Australian Labor Party didn't manage the national economy effectively.
www.sciencedaily.com /encyclopedia/economic_recession_of_the_late_1980s_in_australia   (191 words)

  
 List of recessions   (Site not responding. Last check: 2007-11-04)
This is a list of notable recessions, depressionss and downturns.
All dates are approximate as the recessions began and ended in different parts of the world at different times.
Late eighties recession - 1987 to early 1990s, collapse of junk bonds and a sharp stock crash in the United States leads to a recession in much of the west
www.encyclopedia-1.com /l/li/list_of_recessions.html   (296 words)

  
 Ronald Reagan - Wikipedia, the free encyclopedia
As Reagan's film roles became fewer in the late 1950s, he moved into television as a host and frequent performer for General Electric Theater.
At one point in the late 1950s, Reagan was earning approximately $125,000 per year.
Despite the recession of 1981-82, the economy staged a dramatic recovery beginning in 1983, and the Reagan administration claimed success.
en.wikipedia.org /wiki/Ronald_Reagan   (6335 words)

  
 State Employment 1995: Slowing to a Recession?   (Site not responding. Last check: 2007-11-04)
Recessions and state-level employment declines are, in the simplest terms, almost tautologically related: National recessions necessarily affect many states.
Finally, without regard to a national recession, there can be substantial regional differences in the strength of the local economy, which probably influences public opinion on the strength of the national economy.
The size and rate of this decline are considerable, and parallel the declines in 1985 and 1989, prior to the "bumpy landing" of the mid-eighties and the recession that began in 1990.
www.clevelandfed.org /research/com/031596.htm   (2167 words)

  
 The Run-Up in Home Prices:  Is It Real or Is It Another Bubble?, by Dean Baker (CEPR), August 2002   (Site not responding. Last check: 2007-11-04)
By the late eighties, the vast majority of baby boomers were already living on their own.
There have been divergences in the past, as in the late seventies and late eighties when the HPI index grew more rapidly than the CPI rent index, but in both cases, these divergences were followed by a period in which the HPI declined relative to the CPI rent index.
There was a much sharper drop in nominal interests from the early eighties to the late eighties, with the mortgage interest rate falling from an average of 14.9 percent in 1981-82 to 9.3 percent in 1987-88.
www.cepr.net /publications/housing_2002_08.htm   (7259 words)

  
 Takeovers and Leveraged Buyouts, by Gregg A. Jarrell: The Concise Encyclopedia of Economics: Library of Economics and ...
By the late eighties there were dozens of multi-billion-dollar takeovers and their cousins, leveraged buyouts (LBOs).
In the late eighties the Supreme Court upheld the constitutionality of state takeover laws, the most important being Delaware's merger moratorium law.
But during the eighties the returns to bidders began to erode, and some studies conclude that bidder firms suffered modest stock-price declines, on average, during the late eighties.
www.econlib.org /library/Enc/TakeoversandLeveragedBuyouts.html   (2586 words)

  
 The 1988 Wriston Lecture | Fact and Fiction in the New York of the Eighties   (Site not responding. Last check: 2007-11-04)
Recession and Repression: Police State America and the Spirit of ‘76.
That was a period, also, in the late 60s and the early 1970s in New York when in the public schools there were 3 pledges of allegiance and 3 flags and 3 anthems.
It was not only became legal in the late 60s and the early 1970s, it became omnipresent, as I don't have to remind you.
www.manhattan-institute.org /html/wl1988.htm   (8651 words)

  
 US recession now official: "new economy" expansion one of weakest on record   (Site not responding. Last check: 2007-11-04)
The official ending of the longest period of expansion on record has raised a number of questions as to the nature of economic growth in the decade of the 1990s, particularly the “new economy” of its latter years.
While the expansion of the 1990s was the longest recorded—the previous record was the 1961-69 expansion which lasted for eight years and 10 months—it does not compare favourably with other expansionary phases in the post-war business cycle.
This was slower than the 0.8 percent growth rate in the eighties and well below the 1.9 percent growth rate of the sixties.
www.wsws.org /articles/2001/nov2001/nber-n28.shtml   (1069 words)

  
 Dictionary of Meaning www.mauspfeil.net
According to the economists' definition of a recession, two quarters of negative growth, the late eighties recession only covered a brief period in 1987 (although not in the United States), and another in 1990-1991.
This quote was used by the Liberal Party of Australia during the Australian legislative election, 1993 1993 election as a cornerstone of their campaign, pointing out that the Australian Labor Party didn't manage the national economy effectively.
Dropped this paragraph: :The recession was triggered by the collapse of American Savings and Loan corporations.
www.mauspfeil.net /Late_1980s_recession.html   (871 words)

  
 How fast can the New Zealand economy grow?   (Site not responding. Last check: 2007-11-04)
The less centralised structures we now have for negotiating pay and conditions have been beneficial from the standpoint of encouraging both employers and employees to focus on their mutual stake in staying up with, if not ahead of, the competition.
Perhaps the best-known examples of low-yielding investment were the `Think Big' projects of the late seventies and early eighties, but a great many could also be found in the private sector.
While the flow of migrants is generally rather smaller in modern New Zealand than was the case during the late nineteenth century, we've never fully weaned ourselves from a relatively heavy dependence on the savings of others.
www.rbnz.govt.nz /speeches/0093322.html   (3866 words)

  
 double glazing, eighty, eighties, built, modern, house, window, double, glazed, glazing
The eighties was a time of great optimism with home owners seeing their property values increase beyond belief for many, there was a lemming like scramble to mortgage up to the hilt to move up market as house prices were zooming ever upwards.
First time buyers were trying to get their feet on the ladder, and second time buyers were keen to better themselves and move up market, and despite mortgage interest rates hitting 15% there was the belief that there were big profits to be made from property price inflation, and that 'you couldn't lose'.
The bursting of the bubble and the slide towards the recession came in with the crash of late 80's, and many with a high loan to value mortgage found themselves in 'negative equity'.
www.windovation.co.uk /winds80s.htm   (895 words)

  
 Edward J. Dodson / 'New Federalism': The Economics of the Eighties
In response to public outcries, President Franklin D. Roosevelt introduced to the American electorate a package of economic measures he called the "New Deal", and Roosevelt promised an end to the mass unemployment and poverty thought to be caused by the severe swings in the business cycle.
Previous steps had been taken during the late 1800's to curb the power of such monopolistic economic powers as the railroads.
It should come to no surprise, therefore, that President Reagan has attempted to blame the current recession on the policies followed during the Carter Presidency, and that his program simply has not been given sufficient opportunity to work.
www.cooperativeindividualism.org /dodson_new_federalism.html   (1984 words)

  
 ATTAC -European Economists for an Alternative Economic - Economic Policy against Recession and Polarisation in Europe !   (Site not responding. Last check: 2007-11-04)
The current social and economic situation in Europe is marked by growing instability and insecurity and by the beginning of an economic recession, the depth and duration of which are still unknown.
Contrary to official assertions, immediate and efficient steps to counter the recession are both necessary and possible; they should be followed by thorough medium-term economic policy reforms in order to achieve full employment in the context of steady and sustainable economic development.
The drastic decline in public provision since the early eighties (when Britain's universal state pension was frozen in real terms) has led to a big increase in poverty among pensioners.
www.attac.org /fra/toil/doc/altereco2en.htm   (7604 words)

  
 Bullish Forecast for The Amazing Eighties   (Site not responding. Last check: 2007-11-04)
But his life's work as a shrewd observer of world economic trends emboldens him to forecast that the recent rebound in prosperity is the start of something big.
For the amazing fact is that two years along in a powerful world economic recovery, demand for oil is running barely 2% ahead of recent levels, while supplies everywhere on earth continue to mount.
For despite some slippage lately, U.S. tax policy in recent years - and on a fairly solid bipartisan basis - has changed from furthering consumption at any and all costs to offering some long-overdue and badly needed incentives to production, productivity, and investment.
www.libertyhaven.com /theoreticalorphilosophicalissues/economics/financialmarkets/bullishforecast.shtml   (4106 words)

  
 The Scotsman - Business - Scottish house prices outstrip Eighties boom   (Site not responding. Last check: 2007-11-04)
SCOTTISH house prices are rising faster than at any time since the housing boom of the late 1980s, with few signs of any impending slowdown.
The latest rise is unlikely to provide any comfort to the Bank of England’s Monetary Policy Committee as the interest rate-setters remain trapped between the competing demands of the slowing world economy and surging levels of consumer debt.
He said the prospect of a sudden crash was unlikely as there were fewer first-time buyers compared with the late 1980s and debt levels were not as high as they were then.
thescotsman.scotsman.com /business.cfm?id=1091082002   (577 words)

  
 Aegis Globe: How to sell diamonds in a recession   (Site not responding. Last check: 2007-11-04)
While we ‘allegedly’ face a recession, we must not only learn from past experiences, but also it would be wise to stay open to the unexpected.
According to the IMF's predictions, “The United States is now expected to experience a mild recession in the second half of 2001, followed by a recovery which strengthens through 2002,” Mr Koehler said at a Group of 20 nations meeting in Ottawa, Canada.
During the recession of ’91, a company of market researchers in MMA (Media Marketing Assessment) based in Wilton, Connecticut conducted pioneering sales modelling for a handful of clients showing the media’s effect on sales can indeed be measured.
www.aegisplc.com /aegis/globe/g0102/recess.html   (870 words)

  
 The Eighties   (Site not responding. Last check: 2007-11-04)
The result, very soon, was extremely tight money and staggeringly high interest rates--a prime rate of 21.5% in late 1980--which pushed the nation into the worst recession since the Great Depression.
America entered this recession, and embarked on the '80s, after years of slow productivity growth, its sclerotic large companies in many ways unprepared for modern challenges.
A brutal shakeout was inevitable, and the recession of 1981 triggered it.
www.akst.com /the2.htm   (4040 words)

  
 Deinonychus antirrhopus: Comment on Bush Caused the Recession?   (Site not responding. Last check: 2007-11-04)
According to these people (who I think are the "official" arbiters of whether we are in a recession), the last business cycle peaked in March 2001, thus the recession started after Bush's inauguration.
So Bush's warning that we may be headed into a recession in 2000, followed immediately by the Democrats' screeching "he's talking down the economy!" never happened, as well as Clinton's claim that we wouldn't have a recession.
The 1982 recession was hideously painful but also brief and changed our economy from a high-unemployment, high-inflation economy to a low-unemployment, low-inflation economy.
www.steveverdon.com /cgi-bin/mov/mt-comments.cgi?entry_id=121   (4741 words)

  
 Signs Say Economy Slowing Down, Recession Unlikely   (Site not responding. Last check: 2007-11-04)
For the past 18 years, the US economy has been in a recession for only eight months.
As for crude oil, "we've gone from $11.00 a barrel in late '98 to around $34 to $35 a barrel in the fourth quarter of last year."
But not even higher interest rates and $30 oil prices are likely to tip the US into a recession.
pffc-online.com /mag/paper_signs_say_economy   (1332 words)

  
 DJC.COM: ANXIETY, ANGUISH, AND POST-EIGHTIES PRACTICE, provided by Seattle Daily Journal of Commerce
But as the decade toward a close, the recession that had swept the other corners of the country since the mid-eighties was hard to ignore, even in Seattle.
Whether they're slipping painlessly through the recession or suffering major setbacks, few architects interviewed for this article expect a return to the fast market of the late `80's.
This is an L-shaped recession,'' he said, with a steep slope down and a slow rise up.
www.djc.com /news/re/05003253.html   (2528 words)

  
 Signs of the Times - West Main Development
While differing in their visions for the corridor, they all have the desire to see the street become the major connector between the University of Virginia and the Downtown Mall area.
According to Caravati, the government is not willing to give bonds fro development freely today as it had done in the early eighties (This was the case with the construction of the Omni on Vinegar Hill and much of the businesses on route 29 north of the city).
Abuses of the system coupled with recession in the late eighties have made such funds increasingly more difficult to obtain.
www.loper.org /~george/trends/2001/Sep/80.html   (956 words)

  
 In The 80s - Why Are You An Eighties Fan?
I am a "child of the eighties!" I was born in 1970.
I think another great thing about the Children of the Eighties is that we had an appreciation for old music...I know a lot of people my age that like bands like the Beatles, Led Zeppelin, the Doors, and such.
First I am 21 and went to elementary school in the eighties and went to middle school in the early ninties.
www.inthe80s.com /dynamic/why3.shtml   (1790 words)

  
 Looks Like a Recovery, Feels Like a Recession   (Site not responding. Last check: 2007-11-04)
The recovery has been so weak since the recession ended in November 2001 that the nation's payrolls are down one million jobs from when economic growth resumed.
Back in the late eighties I was having this very conversation with my neighbor friend, who just happened to be my banker.
During previous recessions, a lot of consumer debt was wiped out by either bankruptcy or by consumers reducing their spending and paying down debt.
www.freerepublic.com /focus/f-news/973803/posts   (3972 words)

  
 Folio: The Magazine for Magazine Management: Printers see a slow recovery - effect of recession to printing industry - ...
The pervasive doom and gloom inspired by the continuing recession showed a few early signs of giving way to better times, as printers and paper suppliers gathered in late February for the Graphic Communications Association's annual meeting.
But if the printers are reading their magazine customers correctly, that nascent recovery will have no impact on advertising or circulation until the second half of 1992, and some printers predict it may be early 1993 before a major revival takes hold.
And even then, nobody is predicting a return to the good old days of the late eighties, when many books expanded their ad-page counts at a double-digit pace.
www.findarticles.com /p/articles/mi_m3065/is_n4_v21/ai_12309831   (564 words)

  
 OUP: Major Recessions: Dow
Major recessions happened at a similar time in all major countries, and the lessons are general.
Three main conclusions are reached: (1) major recessions reflect abrupt fallings off in demand, not supply; (2) these are due to identifiable demand shocks and by swings in consumer and business confidence which amplify the direct effects of demand shock; (3) major recessions are not predictable.
In the final chapter, Christopher Dow puts forward an insider's view on how to avoid future severe recessions: action must be taken to control booms, which if uncontrolled will lead to a period of bust, and once a major recession has begun, fiscal and monetary policy must be adjusted to mitigate the downturn.
www.oup.co.uk /isbn/0-19-828858-1   (588 words)

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