Word: nascent
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Dates: during 2000-2009
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...Africa, via the Kenyan port of Mombasa, to the rest of the world. Analysts say that could lead to a more than 90% reduction in the cost of Internet access in years to come. The high price of using the Internet has up until now crippled the region's nascent tech sector, denying jobs to millions of well-educated young Africans. (Read: "Kenya's Blackboard Jungle...
...feels a bit curmudgeonly to suggest these happy Asian trends should be greeted with skepticism. Higher asset prices mean households feel wealthier and better able to spend, which could further fuel the region's nascent rebound. But just as easily, Asia could soon find itself saddled with overheated markets similar to the U.S. housing market of a few years ago - and on the brink of another crash. "The seeds are being sown for Asia's next bubble," HSBC economist Frederic Neumann said in a recent report. "The world has not changed, it just moved places." (Read "Asian Nations Step...
...Failure in the nascent field won't break the company. Fujifilm has other businesses such as medical imaging and motion-picture film, and only gets about 5% of its total revenue from its digital camera business. But company officials figure the bet could pay off handsomely if 3-D catches on and Fujifilm, which holds numerous patents on the technology, has a head start. Just standing still isn't a very appealing strategy. The digital-camera market is stagnating. About 128 million digicams were sold last year, and amid the recession, sales are expected to shrink this year, according...
...Like the dotcom and property bubbles before it, the nascent IPO mania is being inflated by outsize expectations and good old-fashioned greed. Retail investors are growing tired of keeping their cash in banks that pay next to nothing in interest and are increasingly fearful of missing out on the stock market's continuing rise...
...electricity at above-market rates. Feed-in tariffs have already been used with considerable success in European countries like Spain and Germany, where renewable power has achieved greater penetration than in the U.S. But there seems to be little chance of that happening in Washington, in part because the nascent renewable-energy industry lacks lobbying might. "It's hard out there for us," says Duprey. "We're not as well organized as the coal or nuclear industry." Renewables like wind may have science on their side - but that may not matter until they can make their voice heard in Washington...