Word: sectored
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...governor in 2001 with over 1 million votes, the largest number in the city's history. "He's a lower-middle-class hero," says historian Chris Baker, author of Thailand, Economy and Politics. "He appeals to street vendors, small shopkeepers, minor officials and people working in the informal sector. They like him because he sounds off; he speaks his mind. He's a source of entertainment, but he's also a ranter and a thug...
...These are extraordinary goals, and given India's population, ones of extraordinary reach. They would task the best-run nation in the world. But ask some Indian officials how the objectives are supposed to be achieved by a public sector that has not - let us put this charitably - always been known for its Prussian efficiency, and you will be told, in effect, "No problem." Past performance (as the prospectuses of mutual funds say) is no guarantee of future returns. Just because India's progress was for years strangled by red tape and corruption, there is no reason to think...
...Rajat Nag, the managing director general of the Asian Development Bank, "is governance." Behind that new buzzword lies a fundamental truth. The successful modernization of societies, it turns out, is not just a question of economics - of getting the macroeconomic fundamentals right and letting market forces and the private sector do the rest. It depends also on having effective, clean governments, at every level down to the village, which do not waste economic largesse or appropriate it for the use of their own politicians and officials. That has long been understood in true exemplars of development like Singapore...
California on the Cutting Edge Your cover story on California highlighted the amazing power of free enterprise [Nov. 2]. If the government would get out of the way, the private sector would pull the state from the abyss and toward a real recovery. Tragically, however, state and federal officials, beginning with taxer in chief Governor Arnold Schwarzenegger, will continue to tax companies out of business and delay recovery in the Golden State. Dale Williams, Willow Park, Texas...
...senior lawmaker with Putin's ruling United Russia party and a former head of the anti-organized crime units in the Soviet Interior Ministry. He says the roots of the current difficulties can be traced to the collapse of the Soviet Union, when police officers went into the private sector en masse, fed up with low pay, corruption and the brazen violence sweeping the country. He estimates that 100,000 officers left the profession each year from 1991 to 2004 nationwide. "There are very few people anymore who work as police officers because it is their calling," Gurov says...