noun
policy-induced recession; stagnation from poor economic policies
Economic term referring to a downturn caused by government policy mistakes rather than external shocks.
その国の不況は政策不況だと言われている。
The country's recession is said to be a policy-induced slump.
General term for recession or economic downturn, without specifying the cause.
Compound of 政策 (policy) and 不況 (recession).