We must avoid the damaging boom-bust cycles which characterised the 1980s.
English dictionary. 2008.
cycle — cy‧cle [ˈsaɪkl] noun [countable] a series of events that happen in an order that regularly repeats itself: • Approved Training Practices are monitored by the Association on a five year cycle. ˈbilling ˌcycle ACCOUNTING the usual time that is… … Financial and business terms
Bust — may refer to: * Bust (sculpture), a sculpture depicting a person s head and shoulders * Bust (magazine), a feminist pop culture magazine * An alternative term for an arrest. * An alternative term for human breasts. * A song by Outkast from… … Wikipedia
Boom and bust — In economics, the term boom and bust refers to the movement of an economy through economic cycles. The Boom Bust economic cycleThe boom and bust cycle describes the cycle of economic upswings and downswings in the business economy.An economic… … Wikipedia
Bust — A period of time during which economic growth decreases rapidly. In the stock market, busts are usually associated with bear markets. During busts, inflation decreases and in extreme cases can cause deflation. In addition, unemployment rises,… … Investment dictionary
Boom — A period of time during which sales of a product or business activity increases very rapidly. In the stock market, booms are associated with bull markets, whereas busts are associated with bear markets. The cyclical nature of the market and the… … Investment dictionary
Austrian Business Cycle Theory — The Austrian business cycle theory is the Austrian School s explanation of the phenomenon of business cycles (or credit cycles ). Austrian economists assert that inherently damaging and ineffective central bank policies are the predominant cause… … Wikipedia
boom and bust — ˌboom and ˈbust noun [uncountable] ECONOMICS a situation in which an economy regularly becomes more active and successful and then suddenly fails: • We must try to break this economic cycle of boom and bust. * * * boom and bust UK US noun [U] ►… … Financial and business terms
Credit cycle — Economic Waves series (see Business cycles) Cycle/Wave Name Years Kitchin inventory 3–5 Juglar fixed investment 7–11 Kuznets infrastructural investment 15–25 Kondratiev wave 45–60 The credit cycle is the expansion and contraction of access to… … Wikipedia
boom-and-bust — | ̷ ̷ ̷ ̷| ̷ ̷ noun Etymology: boom (IV) : an alternation of prosperity and depression; specifically : alternate periods of high and low levels of economic activity in the business cycle we re in for the biggest boom and bust … that we ve ever… … Useful english dictionary
boom — {{Roman}}I.{{/Roman}} noun 1 period of sudden increase ADJECTIVE ▪ great ▪ post war ▪ consumer, credit, economic, inflationary, investment … Collocations dictionary
