Terms: economie
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- Essay - Why Recent Economies in the USA Rose and Fell (TheAtlantic.com - Stiglitz)
"The executives were being rewarded not on the basis of their companies' performance but on the basis of stock prices."
"The examples of Enron and Global Crossing prove that incentives matter, and that markets do not always provide the right incentives. That is why government has an important role. Every game has to have rules, and government sets the rules of the economic game. If the rules promote special interests, or the interests of corporate executives, then the outcomes are not likely to promote general interests, or the interests of small shareholders." 12-02
- SARS Threatens Asian Economies (BBC News)
"The Asian Development Bank forecasts that economic growth in China, Hong Kong, South Korea and 38 other member countries will slow to an average of 5.3 per cent this year from last year's 5.7 per cent." 5-03
- Bridging the Digital Divide (BBC)
Provides facts about how access to the Internet is shaping up globally, with very few in poorer economies having access.
- Theater (Thinkquest.org/21722)
Provides many aspects of theater, including Architecture, Stage Craft, Lighting, and Sound. Also includes historical effects theater has had on societies, literature, economies, social environments and cultures throughout the world. 4-01
- Silent Takeover - A Review (Amazon.com - Bollen)
"Did you know that of the world's largest economies, 51 are now corporations and only 49 are nation-states? You do now." 6-02
- 07-0903 African Aid from U.S. in Question (BBC News)
"Aid experts say that it may be difficult for many African countries to meet the strict conditions that the US has set for receiving funds from the new Millennium Challenge Account, which requires nations to adhere to strict standards of openness and democracy."
"There are also significant problems of health care delivery in relation to HIV/Aids, with many African nations lacking the basic public health infrastructure to deliver improved care."
"Meanwhile, experts are concerned about the lack of progress in negotiations over trade in agricultural products, which could offer more real benefits to African economies than any aid programme." 7-03
- Editorial - Destabilization or Reconstruction? (BBC News - Reynolds)
"On the one side is the Iraqi resistance. Its policy is to cause chaos in the hope that out of the wreckage, the occupation will end and perhaps even that Saddam Hussein himself will be propelled back to power."
"On the other are the Coalition or occupation authorities and their Iraqi allies. They hope to transfer power by the end of next year and in the meantime are pouring in money to rebuild the basic infrastructure."
Reynolds quotes US diplomat James Dobbins to summarize the situation: " 'Nation-building is not principally about economic reconstruction: rather it is about political transformation. The spread of democracy in Latin America, Asia and parts of Africa suggests that this form of government is not unique to Western culture or to advanced industrial economies: Democracy can, indeed, take root in circumstances where neither exists.' "
"What principally distinguishes Germany, Japan, Bosnia and Kosovo from Somalia, Haiti and Afghanistan are not their levels of Western culture, economic development or cultural homogeneity," he says.
"Rather it is the level of effort the United States and the international community put into their democratic transformations."10-03
- -12-09-05 Clinton Calls Bush "Flat Wrong" About Global Warming (CNN News)
"Former U.S. President Bill Clinton told a global audience of diplomats, environmentalists and others on Friday that the Bush administration is 'flat wrong' in claiming that reducing greenhouse-gas emissions to fight global warming would damage the U.S. economy."
" 'With a 'serious disciplined effort' to develop energy-saving technology, he said, 'we could meet and surpass the Kyoto targets in a way that would strengthen and not weaken our economies.' " 12-05
- Lewis, Sir William Arthur (Time Magazine)
"The problem of economics in developing nations has always been a very complex equation that no theorist has been able to solve. However disparities between agrarian and industrialized economies and how they can relate and balance each other has its roots in the theories of economist William Arthur Lewis." 02-07
- Report: Conflicts Over Water and Food Could Intensify (Christian Science Monitor)
"For years, the debate over global warming has focused on the three big 'E's': environment, energy, and economic impact. This week it officially entered the realm of national security threats and avoiding wars as well."
"As quoted in the Associated Press, British Foreign Secretary Margaret Beckett, who presided over the UN meeting in New York April 17, posed the question 'What makes wars start' The answer:"
" 'Fights over water. Changing patterns of rainfall. Fights over food production, land use. There are few greater potential threats to our economies ... but also to peace and security itself.' " 04-07
- -Brazil, the World's Hottest Market (Newsweek.com)
"The specter of rising food and fuel prices now threatens to destroy an era of unprecedented global prosperity, with two notable exceptions: Brazil and Canada. Both countries produce and export enough food and fuel not just to offset the worst of global inflationary pressures but even to turn the price spike from a menace to a boon. They are the only two major economies where prices have not burst the upper limit of the central bank's inflation target." 07-08
- Ecology, Water, and Peace (Time.com)
"For Bromberg, the future of water conservation in the Middle East lies in transforming rural economies. Right now the Israeli and Jordanian governments give precious water at subsidized prices to their agriculture industries – which consumes a majority of their water (about 50 percent in Israel and 70 percent in Jordan) but which contributes just a fraction of their GDP (two percent in Israel and three percent in Jordan.) Because they don’t pay the full price of their resources, farmers in the region grow water-hungry crops such as garden vegetables, fruits and flowers, most of which are shipped to Europe. 'We are exporting our water,' said Bromberg. 'Bananas are a tropical fruit. Why are we growing them in the desert?' While Israel needed its own farmers to feed the country in its early days, Israel can now import its food for less of an environmental and economic price than it is currently paying." 08-08
- -001 Dow Dips Below 10,000 (MSNBC News)
"Wall Street tumbled again Monday, joining a sell-off around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments. The Dow Jones industrials skidded nearly 500 points at times and fell below 10,000 for the first time in four years, while the credit markets remained under strain." 10-08
- What to Expect From the Economic Crisis (Time.com)
"The pain will soon come to Main Street — in Beijing and Brussels as much as in Boise. Economists are already outlining the downward spiral that they predict will follow. Banks will cut back on their lending to households and businesses. Mortgages and car loans will become harder to get. That in turn will stifle consumer spending and crimp investment in companies, leading to production cuts and job losses. Judging by previous crises, it can take about 18 months to two years for a financial squeeze to spread to the rest of the economy, which means that 2009 is shaping up to be a bleak year everywhere."
"If the global financial meltdown can be traced to an American export — the subprime mess — the U.S. will import the consequences. As the go-go economies of China and India hit the brakes, so too will demand for American goods and services." 10-08
- End of Yugoslavia (CBS News - Jacinto)
Reports on the dissolution of Yugoslavia into the semi-independent states of Serbia and Montenegro. "The new country, consisting of two semi-independent states, will be renamed Serbia and Montenegro, Kostunica said after the signing ceremony. Both republics will share a defense and foreign policy, but will maintain separate economies, currencies and customs services for the time being." Visitors sometimes misspell as Montinegro, Montennegro, Montinnegro, Montinigro, or Montinnigro. 3-02
- 11-28-02 USA Losing Credibility in South America (World Press)
"Chile’s president, Ricardo Lagos, said, 'Since the 1980s, all of our countries have followed the "Washington Consensus." We reformed our economies and balanced them, opened our markets to increase competition, we recognized that an efficient private sector and expansion was the principal motor to economic progress.' But while Latin America realized notable efforts to modernize and participate in globalization, said Lagos, today’s social and economic balance is far from positive. 'With each passing day, frustration shows on the face of our people on the continent. These political and economic changes haven’t advanced the wellbeing of the masses, inequality continues to grow. This unhealthy economic and social state threatens the legitimacy of the democracies on the continent.' ”
- -06-24-06 The Blame for Illegal Immigration (Fox News)
"Tim Bueler, spokesman for the Minuteman Project, said the Mexican government is complicit in illegal immigration by offering Matricula Consular cards, IDs given to illegals that are accepted by financial institutions as proof of identification and allow illegal immigrants access to U.S. financial services."
"Hair said stopping the flow of illegal immigrants would end the $50 billion annually in remittances by illegals in the United States to families at home, and that would also require countries to get serious about their own economies." 06-06
- -Wilson: Female Leaders Can Change Our World (OdeMagazine.com)
"I often hear people say that the lack of women in positions of political leadership is an issue that pales next to world crises—global terrorism, fragile economies, inadequate health care, troubled schools, corporate greed. They see no connection between the frightening situations we’re in and the fact that few women sit at the table to determine the solutions." 9-05
- -10-11-06 Vocational Training on the Rise (Christian Science Monitor)
" 'American career technical education is being redefined because the needs of the evolving US and world economies are changing,' says Darrell Luzzo, incoming president of the National Career Development Association. 'Educators at all levels are recognizing that the world's employers increasingly need skill sets that the conventional four-year college degree doesn't give.' "
"The once-standard offerings of technical education - wood shop, metal shop, machining - don't cut it in today's economy either." 10-06
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[Dr. Jerry Adams at jadams@awesomelibrary.org.]
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