However, the telecommunications sector - unlike the roads sector - has learned how to avoid the extremes of congestion and over-investment
Finally, two adverse effects relating to providers' incentives are shown: costs increase and over-investment
A rigid approach to defining programs based strictly on absolute nursing hours per patient day fails to consider the interplay of these variables, can cause over-investment
in payroll, and create programs which are not responsive to the market.
The chapter on development considers the role of transport investment in the third world and properly emphasizes the not infrequent over-investment
in transport infrastructure and the limited success of the effort to encourage broad economic development by such investment.
To that end, the free marketeers are forever reciting the list of MITI's greatest errors: its failure to forecast--or support--the growth of Japan's automobile industry (Honda was advised to stick to motorcycles); its over-investment
in steel during the sixties and in aluminum during the seventies; and the failure of its "Fifth Generation" computing program.
LED packaging equipment over-investment
in the last 2 years leading to a short down-cycle starting in 2012
Over the last decade, the vast quantities of short-term capital that were being pumped into China's banking system drove commercial banks and other financial institutions to expand credit substantially, especially through the shadow-banking system, leading to a massive credit bubble and severe over-investment
For example, over-investment
relative to consumption is entrenched, following the mercantilist mentality of wanting to win the war of global trade, so as to reap the rewards of net earnings and ever-increasing purchasing power over the rest of the world.
The original list found on the SBA's website consisted of 10 major reasons for small business failure, some of which include lack of experience, over-investment
and poor inventory management.
Sponsored by Turkish trade groups TE[pounds sterling]SyAD and the Foreign Economic Relations Board (DEyK), the conference saw businesspeople and analysts focus on how best to invest capital in and boost exports to China, which enjoys a skyrocketing rate of domestic consumption but is also a complex market for foreign firms and suffers from a glut of over-investment
by the state.
Going back in history it seems pretty clear that economic bubbles end with over-investment
and throwing money at decidedly high-risk projects in the belief that the boom will go on forever.
For Hayek in the early 1930's, and for Hayek's followers today, the "crisis" results from over-investment
relative to the supply of savings, made possible by excessive credit expansion.