Word: sectored
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...other nation. We are the most generous with our time and our money. Just 13% of German respondents and 19% of French volunteered their time for civic activities in the previous year, in contrast to 49% of Americans, according to a survey by the Johns Hopkins Comparative Nonprofit Sector Project. And while 43% of French and 44% of Germans said they gave money to charity last year, 73% of Americans reported doing so. To be sure, many prosperous Europeans and Japanese pay far higher taxes than Americans, in part to finance social-welfare programs. Yet the private efforts of Americans...
...foundation sees its role as filling the breach where the private sector is not addressing a crisis. The industrialized world's ailments, from indigestion to breast cancer, are already the focus of drug-company research. Cure a First World disease, and reap millions in profits. But cure a Third World disease such as malaria--the No. 1 killer in tropical climes--and there is hardly a penny to be earned. Those patients don't have health insurance. That is why the Gates Foundation has made finding a malaria vaccine a priority, along with eradicating scourges such as hookworm, hepatitis...
...Microsystems to eBay. Venture-capital financing is as embedded in the culture of Silicon Valley as integrated circuits and $750,000 tract houses. So perhaps it's not surprising that this form of financing--and its results-oriented assessment of potential investments--has made its way to the nonprofit sector...
...like big corporations in every sector, of course, the pharmaceutical companies have a relative view of market freedoms - they want the government to protect them from competition, even when that competition is themselves. An organization called the Pharmaceutical Research and Manufacturers of America has mounted a fierce campaign of lobbying against an amendment to an agriculture spending bill currently before the Senate that would allow Americans to import prescription drugs from Mexico and Canada. Relaxing restrictions would lead to the import of killer counterfeit drugs, the PhRMA warns in a full-page ad in Wednesday's Washington Post. Not only...
Kerns: I do. Mainly because I believe if George Bush is put in office, it will change the general flow of capital made available to businesses. In general, the Democratic platform has spurred investment in the small-business sector over the past eight years by reducing bank regulation and lowering interest rates, so it's easier to get bank loans. Historically, raising money has been the biggest hurdle for small businesses in this country. The Republicans don't have a good track record in this regard. They have a tighter focus on fiscal restraint...