The main task was to find materials which are resistant to seawater and can withstand stagnation temperatures up to 200°C, out of which appropriate absorber constructions had to be developed.
It forecasts the dip would be followed by two years of stagnation before picking up again only gradually as the wider economy strengthens and credit conditions ease.
By any measure, our graduation rate — after decades of stagnation — has gone up significantly during the last several years whether you use the city rate, which has been in effect since 1986, or the state rate, which started only three years ago.
He will complain in almost every area that is holding British business back, whether it is regulation, planning, poor skills or a hideously complex tax system, the forces of stagnation are lined up to defend the status quo.
Germany has been emerging over the last two years from a long period of economic stagnation that pushed up unemployment and prompted Germans to tighten their purse strings, leading to slack consumer demand.
To commit to decades of economic stagnation, the break-up of the eurozone, the risk of trade protection and autarchic economic policies, the dismantling of the west's social contracts, the imposition of high unemployment and the political fallout that will follow.
And it would pose yet another challenge to the global economy, which is increasingly depending on emerging markets like India and China to make up for stagnation in the West.
As we set out on the road from ruin, it is the choices we make that will determine where we end up — depression, stagnation, or renewed prosperity".
And if he succeeds, something remarkable may be about to happen: Japan, which pioneered the economics of stagnation, may also end up showing the rest of us the way out.
For ten years the Japanese people have borne up under stagnation and bear markets.
