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and investment overheating in China. These two phenomena emerged between 2008 and 2011 as a direct consequence of an …. Systemic characteristics and its Chinese specifics together resulted in investment overheating, and steadily growing local …
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time, space and at various aggregation levels, overinvestment and economic overheating can also be detected on the … party-state system. Thus, local intensity of overheating is further increased by major state interventions reacting to … external shocks. Overheating is further amplified during economic transformation by market actors adapting to network …
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The current financial crisis is the 19th such crisis in the post-war period in advanced economies. Recent literature classifies the Nordic crises in Norway, Sweden and Finland in late 1980s and early 1990s among the Big Five crises that have happened before the current crisis, which is now of a...
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