A typical stop-go cycle starts with a localised increase in demand, which in turn leads to higher wages, lost competitiveness and finally to a protracted downturn.
A typical stop-go cycle starts with a localised increase in demand, which in turn leads to higher wages, lost competitiveness and finally to a protracted downturn.
这种周期以本土需求增长肇始,然后是高工资、低竞争力,最后以衰退告终。