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economic downturn

Slovak translation: hospodársky pokles

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
English term or phrase:economic downturn
Slovak translation:hospodársky pokles
Entered by: Kristína Stupárková

For term searches and specialty glossaries, please try the new GBK glossaries
12:55 Apr 24, 2020
English to Slovak translations [PRO]
COVID-19 - Bus/Financial - Economics
Additional field(s): Finance (general), Government / Politics, Social Science, Sociology, Ethics, etc., Journalism
English term or phrase: economic downturn
Definition from Market Business News:
An economic downturn, or a downturn, occurs when the value of stocks, property, and commodities fall, productivity either grows more slowly or declines, and GDP (gross domestic product) shrinks, stands still or expands more slowly. An economic downturn is part of the economic cycle, i.e., the natural fluctuation of the economy between periods of growth and contraction. We sometimes refer to the economic cycle as the trade cycle or business cycle. In most cases, a downturn refers to the downward movement on the graph. However, analysts and the press sometimes use the term when talking about a slowdown in growth.

Example sentence(s):
  • For those who actually lose their jobs in a severe economic downturn, and for those who work in industries affected, deaths have been shown to go up. Al Jazeera
  • Spending on video game TV ads is increasing, despite the economic downturn Tech Spot
  • Coronavirus: Renters ‘more at risk from economic downturn’ BBC
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Question posted on behalf of translation team:
GBK economics and finances specialistsGBK economics and finances specialists


This question is closed

hospodársky pokles
Definition:
Hospodársky pokles, čiže recesia, je časť hospodárskeho cyklu (2. fáza), kedy dochádza k poklesu výstupu ekonomiky a zamestnanosti a rastu nezamestnanosti v súvislosti s hospodárskou krízou
Selected response from:

Kristína Stupárková
Grading comment
4 KudoZ points were awarded for this answer



Summary of translations provided
5 +2hospodársky pokles
Kristína Stupárková
4ekonomický pokles
Juro Sebestyen, A.B.I.E.S. s.r.o.


  

Translations offered


5 hrs   confidence: Answerer confidence 4/5Answerer confidence 4/5
ekonomický pokles


Definition from own experience or research:
keď sa nám menej darí zarábať bubáčiky

Example sentence(s):
  • Koronavírus spôsobí najhorší pokles ekonomiky od Veľkej hospodárskej krízy - sme.sk  
Juro Sebestyen, A.B.I.E.S. s.r.o.
Slovakia
Local time: 10:01
Native speaker of: Native in SlovakSlovak
Login to enter a peer comment (or grade)

3 days 2 hrs   confidence: Answerer confidence 5/5 peer agreement (net): +2
hospodársky pokles


Definition from Wikipedia:
Hospodársky pokles, čiže recesia, je časť hospodárskeho cyklu (2. fáza), kedy dochádza k poklesu výstupu ekonomiky a zamestnanosti a rastu nezamestnanosti v súvislosti s hospodárskou krízou

Example sentence(s):
  • Komisia a Rada posúdia opatrenia, ktoré sa prijali na riešenie hospodárskeho poklesu v súlade so zásadami stanovenými v pláne na oživenie hospodárstva. - Odporúčanie Rady  
  • Kľúčovým cieľom verejnej podpory výskumu, vývoja a inovácií by malo byť zabezpečenie toho, aby sa hlavne počas hospodárskeho poklesu zachoval tok inovácií a aby sa zjednodušovalo prijímanie technológií. - Stanovisko EHSV  
  • Rumunské kapitálové a finančné trhy sa nedávno dostali pod zvýšený tlak, čo je odzrkadlením globálneho hospodárskeho poklesu a rastúcich obáv o stav rumunského hospodárstva vzhľadom na jeho veľký vonkajší deficit a rýchlo rastúci deficit verejných financií. - Rozhodnutie Rady  
Kristína Stupárková
Local time: 10:01
Native speaker of: Slovak
PRO pts in category: 4

Votes in favor of/against selecting this as the best translation of the term asked
Yes  František Tomášik
3 days 21 hrs
Yes  Kristina Karabova
7 days
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