deterioration of economy vs deterioration in economy

Both "deterioration of economy" and "deterioration in economy" are commonly used phrases in English. They are interchangeable and can be used to describe a decline or worsening of the economic situation. The choice between "of" and "in" is a matter of personal preference and does not significantly change the meaning of the phrase.

Last updated: March 31, 2024 • 558 views

deterioration of economy

This phrase is correct and commonly used in English to describe a decline or worsening of the economic situation.

This phrase is used to indicate a negative change in the overall economic conditions of a country or region.

Examples:

The deterioration of the economy led to widespread unemployment.
The government is concerned about the deterioration of the economy.
Experts predict a further deterioration of the economy in the coming months.

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Furthermore, the restrictions associated with the security fence have resulted in unnecessary suffering for the Palestinian people and the deterioration of the economy of the Occupied Territories.
The policy of sanctions has contributed to the deterioration of the Iraqi economy and its infrastructure, leading to a pauperisation of the population that has, according to a 1996 Report, reached in some cases "pre-famine conditions".
The economy of neighbouring Armenia has also been affected by the combination of the economic recession and, in particular, the rapid deterioration of the Russian economy, due to the great dependence of the Armenian economy on trade with its large neighbour to the north.
The global economic downturn and particularly the rapid deterioration of the Russian economy had a deep impact on the economic activity in Armenia which started to contract since the last quarter of 2008.
All efforts should be made to prevent any further deterioration of the Palestinian economy by contributing to the sound management and budgetary equilibrium of the Palestinian Authority and to consolidate that Autority by means of institutional reinforcement.
The absence of culture in most cases results in the deterioration not only of the economy but also of politics and society.
Given the continuous deterioration in the economy in 2009, in March Armenian Dram was de facto devaluated of around 22% against the EUR and the USD.
When calculating the business plan, the deterioration in the economy and the aviation markets was taken into account as far as could be predicted.
The Commissioner has already spoken on this issue on several occasions, sounding the alarm on the gradual and steady deterioration in the economy and forecasts that 6 million jobs would be lost by 2010.
Worse still, in an astonishing and utterly cynical reversal of perspective, the French version of the justification refers to the deterioration in the Yugoslav economy due to the 'war against NATO in 1999'.
The rapid deterioration of fiscal position after the crisis made any substantial countercyclical response impossible, while regulatory constraints limited the economy's structural flexibility.
Ladies and gentlemen, the deterioration of the situation within the financial system and economy in recent months has irreversibly changed the role and significance of national governments within economic processes.
The price of crude rose by 50% last year and this increase has led to a notable deterioration of the competitiveness of our economy.
As regards the deterioration of the Greek and Cypriot economies, the Commission acknowledges those events, as well as the possible drop in the average fare for the Greek flights.
However, the deterioration of the structural surplus in 2008 amounts to a fiscal expansion, which carries a risk that the fiscal policy stance implied by the programme may turn out to be pro-cyclical if the economy continues to grow at high rates.
Due to the pivotal role of financial institutions for the real economy, these measures were also aimed at avoiding or reducing the contagion to the real economy, which through a feed-back loop would have also caused further deterioration of the situation of the financial sector.
Durability requirements should be introduced to avoid deterioration of emission performance.
The deterioration of my eyes shattered the illusion.
is extremely concerned about the rapid deterioration of the economic situation in the EU Member States and in their regions and municipalities as well as the fact that the crisis has had a huge impact on the entire world economy;
Therefore, a deterioration of the Community industry's overall performance is likely to result from the repeal of the measures.

Alternatives:

decline in economy
worsening of economy
economic decline
economic downturn

deterioration in economy