The Lawson Boom

E507438

The Lawson Boom refers to the period of rapid economic growth and credit-fueled expansion in the United Kingdom during the late 1980s when Nigel Lawson was Chancellor of the Exchequer.

All labels observed (1)

Label Occurrences
The Lawson Boom canonical 1

How this entity was disambiguated

Statements (46)

Predicate Object
instanceOf economic period ⓘ
macroeconomic phenomenon ⓘ
associatedWith Big Bang financial deregulation ⓘ
overheating of the UK economy ⓘ
tightening of monetary policy at the end of the 1980s ⓘ
unsustainable credit growth ⓘ
wage pressures ⓘ
causeOf increased household indebtedness in the UK ⓘ
macroeconomic instability in early 1990s UK ⓘ
subsequent rise in UK interest rates ⓘ
characterizedBy asset price inflation ⓘ
credit-fueled expansion ⓘ
financial deregulation effects ⓘ
high levels of bank lending ⓘ
rapid economic growth ⓘ
rising consumer spending ⓘ
rising house prices ⓘ
rising inflation ⓘ
strong GDP growth ⓘ
widening current account deficit ⓘ
country United Kingdom ⓘ
describedAs credit-fueled boom ⓘ
demand-led boom ⓘ
economicGrowthRate above UK long-run trend ⓘ
economicPolicyDebate impact of financial deregulation on credit cycles ⓘ
role of fiscal loosening during strong growth ⓘ
use of exchange rate as nominal anchor ⓘ
endTime 1990 ⓘ
followedBy UK housing market crash of the early 1990s ⓘ
early 1990s UK recession ⓘ
hasChancellorOfTheExchequer Nigel Lawson ⓘ
hasCurrency Pound sterling ⓘ
hasGovernment Thatcher government ⓘ
hasPrimeMinister Margaret Thatcher ⓘ
location United Kingdom ⓘ
namedAfter Nigel Lawson ⓘ
partOf economic history of the United Kingdom ⓘ
policyContext financial market deregulation ⓘ
monetary policy focused on exchange rate targeting ⓘ
privatisation programme ⓘ
tax cuts ⓘ
precededBy early 1980s UK recession ⓘ
sectorMostAffected financial services ⓘ
housing market ⓘ
startTime 1986 ⓘ
timePeriod late 1980s ⓘ

How these facts were elicited

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

Nigel Lawson → notableWork → The Lawson Boom ⓘ