Booms
in sentence
228 examples of Booms in a sentence
The country is resource-poor and did not benefit from commodity booms, unlike many of its continental peers.
We know that hikes in public investment, just like commodity booms, all too often end in tears.
During the ensuing decade, imbalances slowly grew between a resurgent Germany and countries where low interest rates had triggered credit
booms.
Within Europe, credit flows to peripheral countries led to unprecedented housing
booms
in several countries.
When the exchange rate soars as a result of resource booms, countries cannot export manufactured or agriculture goods, and domestic producers cannot compete with an onslaught of imports.
The result is that, unlike in most industrialized countries, Chile’s official forecasts of growth and fiscal performance have not been overly optimistic, even during economic
booms.
Then panic spread to credit markets, money markets, and currency markets, highlighting the vulnerabilities of many developing countries’ financial systems and corporate sectors, which had experienced credit
booms
and had borrowed short and in foreign currencies.
Moreover, capital inflows frequently finance consumption or unsustainable real-estate
booms.
Reforms targeting labor policy, the investment climate, social insurance, competition, education, and infrastructure created a more inclusive and more sustainable growth model by spreading purchasing power, which supported aggregate demand and reduced vulnerability to investment-driven
booms
and busts.
With time, such data-driven improvements in credit allocation could even eliminate cyclical credit-driven
booms
and busts.
As he argued, unregulated capitalism can lead to regular bouts of over-capacity, under-consumption, and the recurrence of destructive financial crises, fueled by credit bubbles and asset-price
booms
and busts.
But this approach suffers from a fatal fallacy: if
booms
are fueled by underestimation of risks, and regulation is made more sensitive to the estimation of risks,
booms
will be bigger and busts deeper.
Booms
have similar characteristics – strong growth in banks’ balance sheets and credit, and therefore a rise in leverage.
There are many reasons why the market fails to correct systemic error, including that
booms
are always founded on a belief by both regulators and bankers that “this time it is different.”
Moreover, Poland avoided extreme
booms
and the deep recessions that follow.
Most
booms
are produced by bad monetary and fiscal policies.
It restrains excessive credit expansion during booms, while reducing the risk of bank failure or a much diminished capital base in recessions, thereby enabling bank lending to kick-start a sustainable recovery.
This view draws on the ‘Austrian’ theory of
booms
and slumps, and also Milton Friedman’s explanation of the Great Depression of 1929.
The global economy has been driven in recent years by remarkable speculative asset
booms
and busts, which bring into the equation questions of confidence and trust, as well as fairness.
Similar housing
booms
in many other countries are now ending, and they may face the pain – and the moral dilemmas – that the US economy is now experiencing.
Similar stock market
booms
and busts have occurred in many other countries.
While they lasted, the
booms
that preceded these busts caused these economies to overheat.
Now that the
booms
have been reversed, a decline in confidence could engulf the world economy, throwing it into recession.
The
booms
and busts have caused great redistributions of wealth.
The current situation, in which speculative
booms
have driven the world economy – and, having collapsed, are now driving it into recession – suggests that there may have been a lot of bad faith by people promoting certain investments.
Traditionally, its governments have pursued expansionary policies during economic
booms
and tightened their belts in downturns.
That lesson was reinforced by the experience of countless debt crises in peripheral countries, the most destructive of which hit Latin America exactly 30 years ago, after ecstatic borrowing fueled economic
booms.
Sometimes these were simply consumption
booms
– whether for households or for military outlays and presidential palaces – and sometimes they were investment booms, though much of the investment had been misallocated as a result of political priorities.
True, most recessions are reversed, just as most
booms
end.
Housing
booms
thus create only an illusion of wealth, though it is compelling enough to induce excessive consumption, as occurred in the United States over the last decade.
Back
Next
Related words
Busts
During
Financial
Economic
Countries
Credit
Capital
Commodity
Growth
Their
Which
Other
Housing
Markets
Market
Inflows
There
Fueled
Domestic
Consumption