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About: Hard landing (economics)     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatRecessions, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: agentyago:Abstraction100002137yago:Attribute100024264yago:Condition113920835yago:EconomicCondition114488594yago:Recession114013368yago:State100024720yago:WikicatRecessions New Facet based on Instances of this Class

A hard landing in the business cycle or economic cycle, is an economy rapidly shifting from growth to slow-growth to flat as it approaches a recession, usually caused by government attempts to slow down inflation. It is distinguished from a soft landing, in which an economy's growth rate slows enough to control inflation, but remains high enough to avoid recession. The criteria for distinguishing between a hard and soft landing are numerous and subjective.