Word: asianized
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Dates: during 1990-1999
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While the general tenor of the staff editorial is sound, it overlooks a subtle but important point in its analysis of under-represented groups at Harvard. Despite a 20 percent Asian-American presence on campus, the population does not reflect the diversity of the Asian-Americans across the U.S. In its efforts to diversity the campus, the admissions office must continue its efforts to attract and recruit low-income and under-represented immigrant and working-class Asian-American students...
...category "Asian-American" (as with "Hispanic" and "black") is not a homogeneous mask. It is a term used for convenience that ought not displace the diversity in the group. While often it is easy to look at our peers and see a representation of a "model minority," Asian-Americans are far from a monolithic block. Filipino-Americans, the second largest Asian American population in the U.S. after those of Chinese descent, are under-represented at Harvard. Hmong-Americans, which constitute the fastest growing Asian-American group in the U.S., have a poverty rate of 64.5 percent--greater than any other...
...ESAC passed out armbands and information about ethnic studies because a lot of students think, 'We have an East Asian Department and an Afro-American Department, [so] what's the need for an Ethnic Studies Department...
...bond funds suddenly so popular? The Asian economic crisis chased some investors to perceived safe havens like Treasury bonds. But mainly it's a play on interest rates, which could reach dramatic new lows if inflation continues to subside. When rates fall, bond funds excel. That was the case in '95, when T-bond funds returned an average 22%. But there's an insidious side to bond funds even when rates are falling: the income streams they provide decline because fund managers must buy new bonds that pay ever lower interest. The $1 billion PIMCO High Yield Fund paid...
Combat ain't cheap. The Gulf War in 1991 lasted a mere seven weeks, yet cost about $70 billion, as much as bailing out one or two Asian economies. Should battle resume, the money will once again start to burn...