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English to Greek translations [PRO] Business/Commerce (general) | | English term or phrase: Catch-22 situation | A third possibility to explain why imbalances can prevail - a co-ordination failure. In some cases
a region does not take-off because a minimum threshold of economic activity has not been
reached. No-one knows how a new business would perform in such a region. Indeed, even the
prices for some goods and services may not be known in advance. Since many economic agents
must work together to launch a new market, the absence of adequate information is a recipe for
a Catch-22 situation, and the region remains permanently underdeveloped. The consequence of
such a market failure on economic efficiency is clearly negative since optimal investment
decisions are simply not taken. |
| | | φαύλος κύκλος | Explanation: Στο ΛΚΝ:
β. κατάσταση αδιέξοδη, που επαναλαμβάνεται (κυκλικά) επιστρέφοντας στο ίδιο σημείο χωρίς λύση, διέξοδο.
http://www.komvos.edu.gr/dictonlineplsql/simple_search.displ...
Encarta:
Catch-22, a novel (1961) by Joseph Heller.
The title of this dark satire relates to the skewed military logic that entraps the protagonist, Yossarian, a pilot serving in Italy during World War II. He tries to get himself grounded by being pronounced insane, but is told that only an insane person would want to fly, and his desire not to fly proves that he is, in fact, sane, and so must continue to fly. The term Catch-22 eventually came to have a more general meaning of a situation in which somebody is trapped by illogical conditions and restrictions.
http://encarta.msn.com/encnet/features/dictionary/Dictionary...
This might be described logically as, 'damned if you do and damned if you don't', 'the vicious circle', 'a chicken and egg situation', or 'heads I win, tails you lose'.
http://www.phrases.org.uk/meanings/catch-22.html
vicious circle + Catch-22:
http://www.google.com/search?hl=en&safe=off&rlz=1B3GGGL_enGR... |
| Selected response from:
 Nick Lingris Local time: 06:12
| Grading comment Μερσί. Μου άρεσε η απάντηση και ταίριαζε με το ύφος του κειμένου. 4 KudoZ points were awarded for this answer |
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5 mins confidence:  peer agreement (net): +3 | catch-22 situation αδιέξοδη/απελπιστικη κατάσταση, μπρος γκρεμός και πίσω ρέμα
Explanation: αδιέξοδη/απελπιστικη κατάσταση, μπρος γκρεμός και πίσω ρέμα
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