We don't expect a sharp comeback in the high-tech manufacturing sector this year because of overinvestment, the sharp decline in equity values, and the high value of the dollar.
42.
Private overinvestment has been coupled with government underinvestment in such infrastructure projects as new roads to clear Bangkok's chronic traffic snarls, said Rob Collins, head of brokerage for Paribas Asia Equity.
43.
And in the energy sector, we see a similar supply-demand constraint story for very similar reasons, just basically underinvestment in these two areas, the mirror image of possibly some overinvestment in technology.
44.
In any case, they said, lower rates may not be the right remedy for the economy's major problem : overinvestment by businesses in computers, telecommunications equipment, machinery and other capital goods.
45.
But if the bank is making a profit on the worst project that is financed, it will also be making profits on even worse projects ( which were not financed before ), leading to oversupply of credit and thus overinvestment.
46.
This result in gross mismanagement of funds such as overinvestment in land and property, with nearly one-fifth of assets in housing development projects and fixed assets, some of which were purchased at the height of the property market.
47.
Overproduction is often attributed as due to previous "'overinvestment "' creation of excess productive capacity, which must then either lie idle ( or under capacity ), which is unprofitable, or produce an excess supply.
48.
The inflation of the recent boom was in assets, not consumer prices, and it led to a huge overinvestment in capital equipment, notably the billions of dollars wasted by telecommunications companies that laid thousands of miles of excess fiber optic capacity.
49.
In this sense it is the opposite of the more usual scenario of inflation, whose effect is to tax currency holders and lenders ( savers ) and use the proceeds to subsidize borrowers, including governments, and to cause malinvestment as overinvestment.
50.
And they have no doubt that this crisis _ even though it seems to have been driven largely by real-estate speculation and even though the most conspicuous examples of overinvestment involved local businessmen rather than multinational corporations _ shows just how right they were.
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