dan24 ha scritto:
cosa vorrebbe dire decoupling?
intanto crescita occupazione europa in rallentamento al 0,2%
In economics, decoupling refers to the lessening of correlation or dependency between variables. It is often used in the context of economic production and environmental quality. In this context, it refers to the ability of an economy to grow without corresponding increases in environmental pressure. In many economies increasing production (GDP) would involve increased pressure on the environment. An economy that is able to sustain GDP growth, without also experiencing a worsening of environmental conditions, is said to be decoupled. Exactly how, if, or to what extent this can be achieved is a subject of much debate.
Similarly, decoupling can refer to "breaking" the link between a dependent variable and its cause for a specific industry or activity. For instance, decoupling green house gas emissions from increasing electrical power generation.
The OECD has made decoupling a major focus of the work of its Environment Directorate. The OECD defines the term as follows:
The term decoupling refers to breaking the link between “environmental bads”and “economic goods.” (OECD, 2002)
Decoupling and the stock market declines of January 2008
Decoupling holds that European and Asian economies, especially emerging ones, have broadened and deepened to the point that they no longer depend on the United States for growth, leaving them insulated from a severe slowdown there, even a fully fledged recession. Faith in the concept has generated strong outperformance for stocks outside the United States. In January 2008 as fears of recession mounted in the United States, stocks declined heavily. Contrary to what the decouplers would have expected, the losses were greater outside the United States, with the worst experienced in emerging markets and developed economies like Germany and Japan. Exports make up especially large portions of economic activity in those places, but that was not supposed to matter anymore in a decoupled world because domestic activity was thought to be so robust.[1]