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We find that the substantial growth deceleration during the Great Recession was driven by modestly negative aggregate productivity growth, but that only a minor portion of the drop in the growth rate was due to the IT-producing industries.
Osborne conceded that cutting the deficit as the coalition had promised would take longer than thought, partly based on the OBR's assertion that expansion before the recession was driven by factors which were more unsustainable than previously thought.
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Declines in high incomes during the recession were driven by a collapse in stock prices, which have since roared back to their levels of before the crisis.
Based on that alone, it appears that the correlation between earnings recessions and GDP ones is slight, especially when one considers that two of the three GDP recessions were driven by major bubbles bursting (dot-com stocks and the housing market).
Rousseff's fall was driven by Brazil's recession and its biggest ever corruption scandal, which has implicated dozens of politicians from her ruling coalition, including several in the Brazilian Democratic Movement party led by the country's current president, Michel Temer.
He was driven by ambition.
It was driven by 0.4% growth in Germany (details), the 0.3% expansion in France (details), and the long-awaited end of Italy's recession (details).
Accretion was triggered by the exogenous factor of fire exclusion, and inflection and recession apparently were driven by the endogenous factor of density-dependent mortality combined with exogenous factors such as climate.
Ben S. Bernanke, a Fed governor, contended in a speech last month that previous recessions were driven less by high oil prices than by the Fed's reaction to them.
Family businesses' proactive actions and long-term perspective during recessions are driven partly by a unique concern for future generations and an emphasis on preserving the family name, but there's no reason why other companies can't emulate them.
Broad measures of wealth have bounced back from the depths of the recession, but the gains are driven by the stock market, which means they are concentrated in a relatively small share of families.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com