Economics

Economics

basics of economics

Industry: Economy

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Economics

Developing countries

Economy; Economics

A euphemism for the world's poor countries, also known, often optimistically, as emerging economies. Some four-fifths of the world's 6 billion people already live in developing countries, many of ...

Devaluation

Economy; Economics

A sudden fall in the value of a currency against other currencies. Strictly, devaluation refers only to sharp falls in a currency within a fixed exchange rate system. Also it usually refers to a ...

Financial assets that "derive" their value from other assets. For example, an option to buy a share is derived from the share. Some politicians and others responsible for financial regulation blame ...

Deregulation

Economy; Economics

Cutting red tape. The process of removing legal or quasi-legal restrictions on the amount of competition, the sorts of business done, or the prices charged within a particular industry. During the ...

Depression

Economy; Economics

A bad, depressingly prolonged recession in economic activity. The textbook definition of a recession is two consecutive quarters of declining output. A slump is where output falls by at least 10%; a ...

Depreciation

Economy; Economics

A fall in the value of an asset or a currency; the opposite of appreciation.

Deposit insurance

Economy; Economics

Protection for your savings, in case your bank goes Bust. Arrangements vary around the world, but in most countries deposit insurance is required by the government and paid for by banks (and, ...