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11Dietz et al. (2010) argue that reliance on more cyclically sensitive taxes has increased the budgetary exposure of particular states to cyclical economic fluctuations.
They are also less prone to cyclical swings.
Both tax and spending are subject to cyclical effects.
The trend is so prolonged that it can not be ascribed to cyclical factors.
Such increases can be due to cyclical variants, such as climate.
This doesn't just come down to cyclical government employment changes, as it happens.
While mining is more profitable than trading, it is also prone to cyclical booms and busts.
This has perhaps been less debated as the tendency is to attribute operating weakness to cyclical headwinds.
Overall, there are many factors that contribute to cyclical poverty, and many ways to work toward a solution.
Western finance may be prone to cyclical excess, they can argue, but the state-sponsored model is even more so.
But the solar market, unlike other industries prone to cyclical overcapacity and subsequent busts, hasn't self-corrected.
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