The dictionary definition of a depression is a sustained, long-term downturn in economic activity, which sums up precisely what has occurred since 2008.
Even if these tactics result in short-term sales gains, negative word-of-mouth can cause long-term downturns and tarnish your image.
Because despite a gloomy economic forecast for 2009, the annual growth in emissions of 3% is only likely to slow modestly, and may even rise over the long term because of the downturn's impact on global climate talks and the funding of renewable energy projects.
Economists have seen this type of structural change, which happens over the long term but is accelerated by a downturn, many times before.
OSSPAC predicts a mass-displacement event and a long-term population downturn.
Japan is also undergoing wrenching social change widely attributed to the country's long-term economic downturn and shifting values.
The Carmichael mine, if a country, would be the world's sixth or seventh largest coal exporter at a time when there was a long-term structural downturn under way in the global thermal coal market, Holt said.
Over the long term, the best response to the current downturn, by far, would be for the country to regain the global lead in education.
If temporary downturns in the economy can create long term increases in unemployment, stabilization policies do more than provide temporary relief; they prevent short term shocks from becoming long term increases in unemployment.
It seems that although EA is doing well in the long term, it's cautious of incurring too much in costs during the downturn.
Shinn says he did it as protection against future downturns: "Our goal is to stay here for the long term".
