Statements (19)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
economic crisis
|
| gptkbp:affects |
global economy
|
| gptkbp:causedBy |
oil price shocks
loose monetary policy supply shocks |
| gptkbp:characterizedBy |
high unemployment
high inflation stagnant economic growth |
| https://www.w3.org/2000/01/rdf-schema#label |
1970s stagflation
|
| gptkbp:ledTo |
policy changes
rise of monetarism decline of Keynesian economics |
| gptkbp:notableEvent |
gptkb:1979_energy_crisis
gptkb:1973_oil_crisis |
| gptkbp:notableFor |
gptkb:United_Kingdom
gptkb:United_States |
| gptkbp:occurredIn |
1970s
|
| gptkbp:bfsParent |
gptkb:Phillips_curve
|
| gptkbp:bfsLayer |
6
|