When Ireland's GDP figures for 2025 came in, a startling 12.3% in real terms, many spoke of a fresh economic miracle. The number, taken at face value, looks extraordinary: no advanced economy grows in ...

A contraction is the phase of the business cycle when the economy declines, often with falling real GDP and rising unemployment, moving from peak toward trough (expansion, peak, contraction, trough).

The Royal Swedish Academy of Sciences on Monday awarded the Nobel Memorial Prize in Economic Sciences to Northwestern University professor and Reason contributor Joel Mokyr "for having identified the ...

Inflation has slowed significantly and growth of the nation's gross domestic product has remained solid, but some economists still expect a mild recession this year. Overall prices increased 3.5% in ...

An economic downturn or recession begins when the economy experiences a significant decline in typical activity, such as employment, production, income and a few other signs, according to the National ...

Finance Minister Nirmala Sitharaman has highlighted India’s UPI, fintech sector and digital financial infrastructure as ...

What’s holding Russia’s economy back? This video breaks down the economic, political, and social factors that have left the world’s largest country with one of the weakest economies. She went viral as ...

India initiates natural-capital accounting for marine fish stocks, aiming to enhance its sustainable blue economy and ...