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Without a more secure body of prop-erty rights, China's impressive boom inevi-tably would have wound down as innovation and entrepreneurial risk-taking withered.
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Australia has experienced an impressive economic boom in recent years on the back of selling natural resources, including coal and iron ore, to its Asian neighbours, and China accounts for more than a quarter of its exports.
Most notably, the Palais de la Méditerranée has finally risen from its ashes, leading a small but impressive hotel boom and serving as a symbol of Nice's nascent resurgence.
At the height of Detroit's S.U.V. boom, impressive per-unit profit margins gave rise to a number of tactics — cash rebates from manufacturers, low-interest loans and the like — that increased short-term sales at the expense of long-term viability.
Its building boom is impressive.
The ACT moved closer to its net 100% renewables target, Queensland oversaw the start of a construction boom of impressive scale, while Western Australia continued to muddle along without any real policy.
The spectacular boom and equally impressive bust in Japanese real estate bears much of the responsibility for the nation's decade-long economic slump.
Baku, the capital, is in the midst of a construction boom that is impressive even by the standards of the transition region.
Except for Detroit, all experienced impressive price growth during the boom, which in turn spurred a great deal of construction.
This dismal record is particularly impressive because it encompasses the "boom times" presided over by Presidents Reagan and Clinton.
Mr Howard, seeking what would be an extraordinary fourth term for his conservative coalition government, was talking about the trust his government deserved for its impressive management of Australia's booming economy.
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