Overheating

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Overheating

An economy that is growing very quickly, with the risk of high inflation.

Overheating

Describing an economy that is growing too fast or otherwise unsustainably. Overheating economies tend to crash, experience high inflation, or both. The inflation occurs when the economy's producers are unable to meet demand by expanding production because it is rising too fast. To temper demand, the producers raise prices. Central banks tend to increase interest rates to temper or prevent overheating in domestic economies.
References in periodicals archive ?
Nevertheless, both rooms in all scenarios are deemed overheated by the CIBSE overheating criteria (more than 1% annual occupied hours exceeding benchmarks).
The hearing at Burnley, Lancs, was told the dryer overheated as there was not enough room for ventilation in the kitchen.
In 2004, Chinese leaders tried to cool the economy by raising interest rates, curbing unwanted fixed-asset investment projects and issuing tighter restrictions on new projects in overheated industries such as property and steel.
Mr Prasad argues that since the garage that fitted the new radiator incorrectly wired up the fan switch, it was their fault the car overheated.
The appearance of the wax in its molten state in the melter can indicate when the wax is overheated.
When overheated, Li Ion batteries can burst into flames and pose a major risk to users.
Mitsubishi has confirmed the problem with the two batteries, one fully charged and one on charge at the time it overheated, but refused to comment on any link with the problems at Boeing.
The cause of the blaze is understood to have been an uncoiled extension lead, fitted to an oil-fired heater, which overheated.
It happened after filters in a sand blasting machine overheated at around 5.
He's also overreached in places, and some may find the show too overheated to take seriously.
AN OVERHEATED kiln triggered smoke alarms at a metal engineering firm in Warwick last night.
That led us to suspect that the sheet was being overheated and was charring--most likely the source of the odor and taste problem.