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Exact(38)
It is a template for introducing the notions of incentivizing behavior using prices into countries that rely more on administrative procedures than markets, leading to a deeper understanding of how markets can lead to economic gain.
Large-scale government borrowing added to the demands on financial markets, leading to high interest rates.
Irrational exuberance in financial markets, leading to one credit boom and bust after another.
A sudden slowdown might reinforce a growing bearishness towards emerging markets, leading to a capital drought across the developing world.
Federal and state officials worry that an influx of people with serious illnesses could destabilize these markets, leading to higher premiums for other subscribers.
Distrust and even fear may be set in motion in financial markets leading to large-scale sales of Scottish government bonds precipitating a liquidity crisis.
Similar(22)
The story of "missed call" entrepreneurs epitomizes the innovations in India's IT market leading to mega-mergers.
Access to cheap credit has supported the housing market, leading to a 32% rise in prices over the same period.
A pessimistic scenario begins with a plunge in the stock market, leading to a significant drop in consumer spending.
To compensate for the shortfall in federal funding, Puerto Rico's government has borrowed heavily in the bond market, leading to the excessive debt to which Surowiecki refers.
The Libyan dinar's value soared against the dollar on the official market, leading to the collapse almost overnight of a parallel or black market in the currency.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com