Zero Growth

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Zero Growth

A situation in which the GDP of an economy is neither increasing nor declining. While zero growth is not technically a recession, it may be marked by high unemployment or at least no job growth.
References in periodicals archive ?
The government approved at a cabinet meeting Friday an official projection of zero economic growth in real terms and minus 0.
Japanese Finance Minister Masajuro Shiokawa told his G-7 counterparts that Japan will push forward with structural reform, but that measures such as credit-easing will be taken to prevent the reforms from leading to zero economic growth.
The Egyptian economy has suffered from a dramatic drop in tourist arrivals and near zero economic growth since the February revolt.
Question: What do you get if you have zero economic growth but rising employment?
I want to find signs of an economic upturn within two years and hopefully intend to turn the zero economic growth to a positive growth,'' Obuchi said in a lecture organized by the Research Institute of Japan, a nonprofit affiliate of Jiji Press.
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