economic downturn

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12:55 Apr 24, 2020
English to Croatian translations [PRO]
COVID-19 - Bus/Financial - Economics
Additional field(s): Finance (general), Government / Politics, Social Science, Sociology, Ethics, etc., Journalism
English term or phrase: economic downturn
Definition from Market Business News:
An economic downturn, or a downturn, occurs when the value of stocks, property, and commodities fall, productivity either grows more slowly or declines, and GDP (gross domestic product) shrinks, stands still or expands more slowly. An economic downturn is part of the economic cycle, i.e., the natural fluctuation of the economy between periods of growth and contraction. We sometimes refer to the economic cycle as the trade cycle or business cycle. In most cases, a downturn refers to the downward movement on the graph. However, analysts and the press sometimes use the term when talking about a slowdown in growth.

Example sentence(s):
  • For those who actually lose their jobs in a severe economic downturn, and for those who work in industries affected, deaths have been shown to go up. Al Jazeera
  • Spending on video game TV ads is increasing, despite the economic downturn Tech Spot
  • Coronavirus: Renters ‘more at risk from economic downturn’ BBC
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Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


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Summary of translations provided
4pad ekonomske aktivnosti
Elio Verbanac
4gospodarska kriza
Tea Komšić


  

Translations offered


2 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
pad ekonomske aktivnosti


Definition from own experience or research:
Razdoblje u kojem vrijednost dionica, imovine i robe opada, produktivnost sporije raste ili opada, a BDP (bruto domaći proizvod) se smanjuje, miruje ili sporije raste.

Example sentence(s):
  • Kako je objavila francuska novinska agencija AFP, Fitch smatra kako je ograničavanje javnog života u SAD-u i Europi izazvalo "ozbiljan pad ekonomske aktivnosti". - See.biz  
Elio Verbanac
Croatia
Native speaker of: Native in CroatianCroatian, Native in Serbo-CroatSerbo-Croat
PRO pts in category: 4
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21 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
gospodarska kriza


Definition from Wikipedia:
Gospodarskom krizom se naziva razdoblje značajnog negativnog razvoja u gospodarstvu. Osim toga, gospodarskom krizom se naziva i postojanje negativnog razvoja i drugih makroekonomskih pokazatelja.

Example sentence(s):
  • Besprimjerna globalna financijska i gospodarska kriza ozbiljno je naštetila gospodarskom razvoju i financijskoj stabilnosti te uzrokovala snažno propadanje financijskih, gospodarskih i socijalnih uvjeta u više država članica. - Glosbe  
Tea Komšić
Bosnia and Herzegovina
Local time: 16:21
Native speaker of: Croatian
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