Previous boom-bust cycles
in Chinese stocks have also shown little or no connection to [apparent] economic performance, said Miller, whose firm provides anecdotal survey information about China based on the FedA's Beige Book model.
In parallel, in the fourth line of research new policy evaluation tools are developed, with a focus on robust tools aimed at containing financial contagion and boom-bust cycles
, maintaining fiscal sustainability and coordinating monetary, fiscal and regulatory policies in normal and crisis regimes.
Unlike past boom-bust cycles
, the current slide in oil prices is mainly attributable to the growing imbalance between supply and demand.
Now, an analysis by the rating agency Standard & Poor's lends its weight to the argument: The widening gap between the wealthiest Americans and everyone else has made the economy more prone to boom-bust cycles
and slowed the 5-year-old recovery from the recession.
Hence, in what follows I take it as a historical fact that there occurred two Austrian-type business cycles in the period under question, and therefore, my focus will be in indicating how M&A waves were a part of these boom-bust cycles
Vole populations may not be declining, but boom-bust cycles
are less pronounced, probably due to winter changes.
The essays discuss the relevance of balanced growth in the CESEE countries, the characteristics of a sustainable growth model in the region, and the impact of pronounced boom-bust cycles
on the long-term income convergence process in Europe; changes in banking prior to the crisis; issues related to economic growth in Central and Eastern European countries following the crisis; and the design of the economic and monetary union.
We don't want to get into one of these boom-bust cycles
with property that we've had in the past.
But here is the ultimate lesson: without a significant home-grown investor base, supported by futuristic policy initiatives and structural reforms, countries risk a return to the old boom-bust cycles
of the 20th century.
In the worst case, the boom-bust cycles
can generate a sudden reversal of capital flows and eventually financial crises.
It creates much deeper financial markets, which can absorb foreign investment flows, thus making boom-bust cycles
much less likely.
This provokes boom-bust cycles
, where spending is high in good years followed by deep cuts in bad years.