Word: sectored
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...access to capital, we have given them the chance to show that they are capable of imagination and expansion," says Chakramon Phasukvanich, secretary-general of the National Economic and Social Development Board, a governmental planning agency. Finance Minister Suchart Jaovisidha says concerns that loans to farmers would load the sector with even more debt have proved unwarranted: "It's been very successful. About 97% of loans have been paid back. It's much better than giving loans to businesses where the risk is much higher." But critics believe the government-loan statistics don't tell the whole story. In many...
...irony of it all is lost at Harvard. Saucy diatribes against investment bankers, flat-tax advocates, and politicians working in the private sector would be comical for their simplicity, if they didn’t attack so viciously many students’ noble visions of what it means to be successful in life. A student dreaming of becoming a CEO, for example, finds fulfillment in the quest for wealth (see Adam Smith on the nobility of such a motive...
...Baghdad. That attack, of course, may have come in response to one of the most important bits of good news for the coalition forces in months: Turkey has agreed to garrison up to 20,000 troops in the Sunni triangle, potentially relieving an entire U.S. division in the sector that has been the bloodiest for the Americans...
TIME: The picture you paint is not a pretty one. We're going to have rising interest rates but not particularly strong growth. The manufacturing sector is going through a secular decline. And the people who are able to shift into new jobs, they'll be lucky if they get real jobs with full benefits. Is this where the economy is heading...
...unique role that universities occupy in their formulation. Because universities are situated “up-stream” in the research process, they have the ability to exert tremendous leverage over the extent of drug patents. When a university licenses a potential new drug to the private-sector, it can choose to do so in a way that helps to ensure that the drug will be made accessible to the world’s poorest, or it can choose to do so in a way that is indifferent to such considerations...