економија

економија

Also: business cycle, economic cycle, trade cycle. All the regular and irregular fluctuations in gross domestic product around a long-term trend level. An economic cycle consists of the following phases: upswing, peak, downturn or recession, and trough.

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Industry/Domain: Banking
Category: Investment banking
Company: UBS
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Related terms

непазарна економија

Economy; International economics

A country in which most major economic decisions are imposed by government and by central planning rather than by free use of markets. Contrasts with a market economy.

еволутивна економија

Economy; Economics

A Darwinian approach to economics, sometimes called institutional economics. Following the tradition of Schumpeter, it views the economy as an evolving system and places a strong ...

менувачница

Banking; Investment banking

Also: bureau de change. Banking department/teller area that handles currency exchange and related business (such as coin dealing, traveller's cheques and letters of credit)

Киви обврзници

Banking; Investment banking

NZD-denominated bond issues placed by foreign borrowers.

Светска банка

Banking; Investment banking

Name commonly used for the International Bank for Reconstruction and Development. Like the International Monetary Fund, it was established in 1944 at Bretton Woods (USA) and has ...

Европска монетарна унија

Banking; Investment banking

Abbr.: EMU. Established under the Maastricht Treaty on European Union. In the broader sense an economic and monetary union. Participating countries are obligated to pursue a ...

Европска централна банка

Banking; Investment banking

Abbr.: ECB. Central bank of the European Monetary Union whose remit is to implement European monetary policy within the EMU. The headquarters of the European Central Bank are in ...

Европски монетарен институт

Banking; Investment banking

Abbr.: EMI. Precursor of the European Central Bank responsible for coordinating monetary and economic policy in the EMU countries in preparation for the third phase of the ...