Most economists now blame companies'misplaced optimism and zealous overinvestment during the final years of the boom for the current collapse.
22.
While there may have been some overinvestment, productivity research shows that much of the investment has been useful in raising output.
23.
This administrative solution to overinvestment proved ineffective, and later reforms concentrated on economic measures such as tax levies to discourage investment.
24.
One of the explanations of the Great Depressions of the 1930s and the 1870s is that a speculative financial boom led to overinvestment.
25.
The trash-disposal behemoth's biggest competitor, Browning-Ferris Industries, has had problems stemming from overinvestment in recycling operations.
26.
A drop in business confidence, along with overinvestment in the technology sector, will keep business investment from rising quickly, Jones said.
27.
China will soon release a new auto-industry policy to prevent overinvestment and improve technical standards, state-run newspapers reported Monday.
28.
The same emotional overinvestment; the same daydreaming; the same quickening of the pulse; the lingering around the phone, willing it to ring.
29.
The article suggests three explanations for the shift . The first is the economy is still shedding overinvestment during the boom years of the'90s.
30.
Thus, in every branch of economic activity, capitalist business could never escape from recurrent problems of overinvestment and underinvestment, which periodically culminated in general crises.
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