Booms
in sentence
228 examples of Booms in a sentence
Housing
booms
can last a long time, typically more than a decade.
Since capitalism's beginnings, the market economy has been subject to fluctuations, to
booms
and busts.
Under a regime of permanent full employment, ‘the sack’ would cease to play its role as a disciplinary measure, leading to government-induced pre-election
booms.
Real estate
booms
have been going on in these countries’ major cities for years.
From a broader historical perspective, stock markets always experience
booms
and busts.
Growth that relies on capital inflows or commodity
booms
tends to be short-lived.
The
booms
in these markets can be traced substantially to the growth of the idea that one should always continually hold as many of these assets as possible, just as that you should drink green tea or eat dark chocolate every day for antioxidants.
Other countries enjoyed housing and consumption
booms
on the back of cheap credit, making them less competitive.
Structural BoomsWhy are there economic
booms
and busts, those long swings between expansion and slowdown?
I see these powerful upswings as investment
booms
as having structural causes and effects.
The turn-of-the-century German school, led by Arthur Spiethoff and Gustav Cassel, viewed the pre-WWI
booms
in the same non-monetary way.
But they held that structural
booms
may die of natural causes – with no necessity for the over-building, purge and catharsis depicted by the later Austrian school.
We measured the progress of each country’s stock-market by the level of stock-market capitalisation as a ratio to GDP in 1988, a decade before the late 1990s investment
booms
began.
If my thesis is right – the root cause of big
booms
in capitalist economies over recent decades (as well as during the pre-WWI decades) is a structural shift in expected future profitability – what does it mean for the choice of an economic system and for economic stabilisation?
Roughly two-thirds of these countries have had dramatic housing
booms
since 2000, most of which appear to be continuing, at least for the time being.
Some Asian countries raise banks’ reserve requirements and homeowners’ loan-to-value ceilings during booms, and lower them during financial downturns.
Then, feeling richer and brimming with optimism, the private sector goes on a spending spree and the economy
booms.
But the rapid expansion of credit brought about by foreign financial intermediaries using various channels (including direct lending, lending via banking subsidiaries, and lending via leasing subsidiaries) has fueled asset
booms
and heightened exposure to foreign-exchange risk.
The new cycle rests on financial
booms
and cheap imports.
Financial
booms
provide collateral that supports debt-financed spending.
Wage growth, rather than borrowing and financial booms, fuelled demand growth.
My second point is that there are several obvious economic channels through which
booms
that turn into busts affect growth.
This implies that the pre-crisis level of GDP simply was not sustainable, as it required capital inflows in excess of 20% of GDP to finance outsize consumption and construction
booms.
Spain, Greece, Portugal, and Ireland, in particular, allowed the low interest rates that accompanied the euro’s introduction to fuel domestic
booms.
The few emerging economies that have avoided
booms
and busts have done so by adhering to sound policy frameworks.
And commodity producers have indeed been more fiscally prudent over the last decade than they were during earlier commodity
booms.
Most stock market
booms
are aborted long before the extremes reached by the recent bull market.
Macro liquidity is feeding
booms
and bubbles; but market illiquidity will eventually trigger a bust and collapse.
When pundits weigh in on emerging powers like Brazil and India, they typically point to the rise of the middle class and
booms
in education and connectivity.
An Inequality TaxThe economic
booms
in China and India have helped to reduce global inequality.
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