Word: sectored
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...Ohio's legislature neared its first round of forced retirements last year, 13 of 39 term-limited representatives quit to take jobs in the private sector or in Governor Bob Taft's administration. House speaker Jo Ann Davidson, term-limited herself, had to appoint three finance chairmen in a single year. "You have to run an ongoing orientation throughout the session," she says...
...story is in Mexico, which with Brazil makes up 90% or so of the region's portfolio. Brazil's stock index is down 14% since January, but as an Evergreen manager says, "Mexico is on a tear." Its export gains and slower but solid growth will drive this fidgety sector through expected summer doldrums...
...local winegrowers, the answer to that question is yes. "We urgently need to be accompanied by a group of Mondavi's caliber," says Jacques Bonnier, director of the growers' cooperative. The small producers who bring their grapes to the coop are still engaged in high-volume production, a sector that is wilting in the face of New World competition. The Mondavi deal offered them financial support as they moved into quality wine-making plus access to a worldwide sales network. "It was a fabulous opportunity," says Bonnier. "Today we're looking at a catastrophe...
...step-changes in service that people will notice" - as long as the local school gets a new roof too. As banks, airlines and other big companies increasingly lavish the most attention on the most profitable customers, Mulgan thinks, "in five years, the government could be outperforming the private sector in terms of the service it gives the typical family...
...private sector won't be disdained. Blair has said that contractors will take on more parts of the health service, schools and post office. The old bureaucracies will be shaken up in other ways, to reduce "the strong culture of central direction in Whitehall." New elected mayors will raise the public's expectations about local services and shift its gaze away from Westminster. The powerful civil service will be overhauled to give less prominence to mandarins who devise policy and more to managers who can implement it. "Governments are often appalling on creativity," Mulgan says. Well, not always...