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economic stability
/ɪˈkɒnəmɪk steɪˈbɪləti/
steady economic growth without major fluctuations
The government's policies aim to ensure economic stability.
The government's policies aim to maintain steady economic conditions without significant ups and downs.
formal
A state of an economy characterized by steady growth, low inflation, and minimal fluctuations in key economic indicators such as GDP, employment, and prices.
Central banks often adjust interest rates to promote economic stability.
Central banks often adjust interest rates to maintain steady economic conditions.
Economic stability is crucial for attracting foreign investment.
Steady economic conditions are essential for attracting foreign investment.
Economic stability is often a goal of monetary and fiscal policies.
Collocations
promote economic stabilityto encourage steady economic conditionsensure economic stabilityto maintain steady economic conditionsthreat to economic stabilitya risk to steady economic conditions
Related Phrases
Pro Tip
Context Matters
Economic stability is often discussed in formal contexts such as economic reports, policy discussions, and financial news.
Gold Rule
Avoid Misuse
Do not use 'economic stability' to describe personal financial stability. It refers to the broader economy, not individual finances.
Word Origin
From 'economic' (relating to the economy) + 'stability' (the state of being stable). The term combines economic principles with the concept of stability in economic conditions.
Usage Notes
Economic stability is often discussed in the context of government policies, central bank actions, and global economic trends. It is a key indicator of a healthy economy.
Word Breakdown
economic
relating to the economy
rootstability
the state of being stable
rootEnglish Dictionary