Poring over recent statistics, many economists have concluded that the economy is managing to walk the line between inflation and recession.

"Salinas may follow many of de la Madrid's modernization plans, but he has to see the link between debt payments and recession."

Since early 1988, he had tried to steer the economy between inflation and recession through gradual changes in interest rates.

The difference between recession and recovery may be little more than a statistical technicality.

The correlation between oil price and recession is very strong, although the causal link is more obscure.

Last year, Home Office research showed a clear correlation between recession and levels of property crime.

The link between recession, deprivation and crime hardly comes as a surprise - it is a common-sense notion.

Prosperity without Growth analyses the complex relationships between growth, environmental crises and social recession.

He acknowledged that the balancing act between inflation and recession would be delicate.

The world economy is now poised between recession and recovery.