The phase of the business cycle following a recession, during which an economy regains and exceeds peak employment and output levels achieved prior to downturn.

A long-term economic state characterized by unemployment and low prices and low levels of trade and investment. (source: http://www.thefreedictionary.com/economic+crisis)

Increase in the amount of the goods and services produced by an economy over time. (source: http://en.wikipedia.org/wiki/Economic_growth)

A sovereign state that has a highly developed economy and advanced technological infrastructure relative to other less developed nations. (source: http://en.wikipedia.org/wiki/Developed_country)

A nation with a low living standard, underdeveloped industrial base, and low Human Development Index (HDI) relative to other countries. (source: http://en.wikipedia.org/wiki/Developing_country)

A decrease in the level of a currency in a floating exchange rate system due to market forces. (source: http://www.investopedia.com/terms/c/currency-depreciation.asp)

Consumer Price Index Official measure of the general level of inflation as reflected in the retail price of a basket of goods and services such

A theoretical price index that measures relative cost of living over time or regions. It is an index that measures differences in the price of

Official measure of the general level of inflation as reflected in the retail price of a basket of goods and services such as energy, food,