Word: paces
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...look and the feel of a documentary. There is something objective, almost reportorial, in the way it presents its story. It does not sue us for our favor. And it does not cue our responses. It trusts us take this almost silent little boy to heart at our own pace, in our own good time. The result is a movie that does not leave us awash in tears, but one that encourages us to think about what a close-run race the "Pursuit of Happyness" (oh, sorry, happiness) is, how often, the runner flirts with its opposite...
...this, of course, is whirring along at the brain's split-second pace, and as imaging technology improves, Knutson is hopeful that he and others will be able to see in even more detail the circuits in the brain activated during a decision. Already, according to Montague, these images have revealed surprising things about how the brain pares down the decision-making process by setting up shortcuts to make its analysis more efficient. To save time, the brain doesn't run through the laundry list of risks, benefits and value judgments each time. Whenever it can, it relies...
...Paulson thus views his job as something like cajoler-in-chief. He says he has sympathy for Beijing's argument that it must move cautiously. But he also wants the Chinese to pick up the pace, because it's in their own interest to do so. Unless they continue to push reform throughout the economy-especially in a financial sector dominated by bloated state-owned banks that lend lavishly to uncompetitive state enterprises-the cost of dealing with the problem later will balloon. (And the argument is fair enough: it's a lesson the Japanese learned in the 1990s when...
...that switch hasn't happened. China's financial sector has been held back by the slow pace of reform, allowing Hong Kong's modern capital market plenty of room to grow. Not only has Hong Kong strengthened its position at the financial heart of Asia, but today it's competing with powerful centers in New York and London. Companies going public via Hong Kong's stock exchange in 2005 raised more money from initial public stock offerings-$21.6 billion?than any other exchange except New York, according to Thomson Financial. Last year, Hong Kong ranked No. 1, beating...
...ambitious five years ago when it launched the Doha Round? The world trade system is growing and changing at an incredible pace. The WTO and the current machinery for the Doha Round can't keep pace. But it can be adapted and put back on track. I believe a deal is doable, and that it can be done within the narrow time frame that we have ahead...