Economic Stability
/ˌiːkəˈnɒmɪk stəˈbɪləti/
Definitions
- (n.) The condition in which a jurisdiction's economy operates steadily without excessive fluctuations, ensuring sustainable growth, low inflation, and employment stability under legal frameworks.
The government implemented reforms to promote economic stability by regulating financial markets and labor laws.
Forms
- economic stability
Related terms
See also
Commentary
Legal definitions of economic stability often appear in statutes regulating fiscal policy, banking, and trade to ensure consistent economic performance and protect against market volatility.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.