What is countercyclical?
Countercyclical, also referred to as contracyclical, refers to an approach that goes against the prevailing economic conditions and thereby dampens the cyclical movement. This means that in times of economic growth, measures are taken to slow down this growth, while in times of recession, stimulating measures are applied to support the economy. The aim of countercyclical policy is to reduce fluctuations in the economy and create a more stable economic environment.English: countercyclical.








