Backward-lookingness
Definition, Meaning & Examples
Part of speech noun
Quick meaning: Backward-lookingness is a noun meaning the quality or state of being backward-looking.
Meaning
the quality or state of being backward-looking.
Example Sentences
In a sense, forward-looking monetary policy is acting, in a second-best fashion, to counter a backward-looking externality elsewhere in the economy. It is interesting to explore this notion further by considering the trade-off between the degree of backward-lookingness on the part of the private sector in the course of their wage bargaining and the degree of forward-lookingness on the part of the central bank in the course of its interest rate setting.
Related Words
Related dictionary entries include forward-lookingness, backwardness, backwardsness, rearwardness, backwardism, retrospectiveness.
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Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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