WHAT DOES ‘THE ECONOMY IS STABLE’ MEAN?

By Yemi Kale I try to stay away from unnecessary debates but let me offer my own view from a purely technical and economist perspective (for education purposes only) to recent debates that were really unnecessary. When economists say “an economy is now stable”, they usually mean that the economy has reached a point where it is no longer experiencing major fluctuations/disruptions. In practical terms, it suggests macroeconomic indicators are steady, predictability and confidence where businesses, investors, and consumers feel more confident making long-term plans and there are no immediate…

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