The IMF is pushing Pakistan to embrace a more flexible rupee policy to end repeated boom-and-bust cycles
, with many analysts arguing that the local currency is overvalued, Geo News reported.
The country's dependence on election spending to boost economic growth has given rise to the so-called boom-and-bust cycles
. Boom growth occurs during election years, while bust growth occurs in nonelection years.
"It's really important for us to understand what controls these boom-and-bust cycles
, and how they might change in the future so we can better evaluate the implications on all other parts of the food web," Michael Behrenfeld, a marine plankton expert at Oregon State University in Corvallis, said in a (https://www.nasa.gov/press-release/space-laser-reveals-boom-and-bust-cycle-of-polar-ocean-plants) statement.
Assabgui and Fuller presented on the boom-and-bust cycles
of mining alongside fellow industry leaders, at the sixth annual Mining Day at Laurentian University in Sudbury.
The Wall Street financial firms embraced lowly shipping companies, thinking they could catch the rebound in an industry with some of the largest boom-and-bust cycles
However, unlike the UAE, we have been through a number of dramatic property boom-and-bust cycles
, causing stress effects in all those involved, from the highest to the humblest.
Building lasting businesses from the boom-and-bust cycles
of the past is not easy.
Although the report said that plans to build major new power plants are "often speculative and typically operate on boom-and-bust cycles
," experts at the Energy Department predict that up to half of the coal-fired utilities will eventually be built.
The Bodner family members have shepherded the company through what used to be a set of boom-and-bust cycles
in Houston, all the while finding additional time to act in leadership roles in their state and in the scrap recycling industry.
Haviland Wright, chairman and CEO of Displaytech, a Longmont-based company that makes microdisplays, is more philosophical: "Boom-and-bust cycles
remind us that knowing how to think about life is a prerequisite for knowing how to think about business.
Using the boom-and-bust cycles
that have occurred in the American, Swedish, Thai, and Japanese markets for property, they find three contributing factors: a) imperfect information in the market, which causes investors to overestimate the present value of expected investments; b) perverse incentives, with investors trying to shift losses to the banks that they had borrowed from while attempting to avoid putting their own equity into properties; and c) psychological bias in putting too much emphasis on recent history in the real estate market combined with insufficient attention to long-term trends.