In booms, export revenues and government revenues are buoyant, the real exchange rate appreciates and marginal producers of tradeable goods and services are squeezed out – a fate sometimes known as the “Dutch disease” after the impact of discoveries of natural gas on the economy of the Netherlands.
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Experience counts for more in busts than in booms.
经验在危机中比在繁荣时有用。
Mr Shin argues that these capital requirements should tighten in booms, when Banks become more eager to borrow, and ease in busts.
申铉认为,对资金的要求在经济繁荣时应该收紧,此时银行更急于借贷,而在经济衰退时则应放宽。
景气状况周期性地出现。
At a stop in Theodore,Alabama, the president toured a facility repairing booms used in containing oil, and spoke to workers.
VOA: standard.2010.06.14
Well, you can see the pink line shows the employment in Los Angeles, and indeed, it did move around corresponding to the booms and busts in the Los Angeles market but not so dramatically.
你可以看到那条粉线,表示了洛杉矶的就业情况,实际上,它紧随着洛杉矶市场,兴衰变动,只不过没有那么显著
Oil has not been sighted at the research farm yet. A few weeks after the spill, BP placed booms around it, in a bid to protect the facility.
VOA: standard.2010.07.13
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