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...help attract that money, Kazakhstan established a single investment regime for both domestic and foreign investors, and since 1993 over $40 billion in gross direct foreign investment has flowed in. Now Kazakhstan is churning out 1.2 million bbl. of oil a day - and exports 80%. Nazarbayev plans to triple the volume and join the group of 10 leading oil exporters within a decade...

Author: /time Magazine | Title: Kazakhstan Comes On Strong | 9/27/2006 | See Source »

...need to increase its marketing savvy. Earlier this year, Voluntary Service Overseas (VSO), another charity that focuses on professional volunteers, broke with its 48-year history by offering short-term placements - from two weeks to six months - rather than the standard two-year commitment. These moves are necessary to attract managers with big hearts but significant time constraints. "It's not a question of whether we wanted to professionalize or not," says Willo Brock, director of Habitat's Europe and Central Asia office and a former management consultant, "but like any sector with a lot of competition, if we didn...

Author: /time Magazine | Title: Want to Build a Team? Try Building a House | 9/26/2006 | See Source »

...Martinez signing had two benefits for Minaya. Not only would Pedro draw Hispanic (and other) fans to Shea, but his leadership would attract other top-tier Latino players to the Mets. Carlos Beltran, coming off a torrid postseason for the Houston Astros, signed a seven-year, $119 million contract one month after the Martinez deal. "Beltran wouldn't have considered us without Pedro," Minaya says. Before this season, Minaya traded for Beltran's close friend, slugger Carlos Delgado, who has hit 38 home runs. Delgado eased Beltran's burden in the lineup, contributing to his MVP-caliber resurgence...

Author: /time Magazine | Title: How the Mets Got Red Hot | 9/25/2006 | See Source »

...risk now is that the government and firms may believe that corporate reform has gone far enough. In reality, Japan needs to do more to spur fiercer competition at home, as well as to attract more foreign investment and imports. All of that will have to take place in a new political climate. Growing income inequality and a rising poverty rate have become big issues. Some opponents of reform blame this on Koizumi's alleged "market fundamentalism." In fact, the trend began two decades ago-though it has intensified in recent years. Abe's challenge is to combat inequality...

Author: /time Magazine | Title: Abe's Economic Challenge | 9/25/2006 | See Source »

...were sold off to insiders, shoring up the power bases of important clans. But the biggest economic engine was oil, and that required outside help. Says Mikhail Dorofeyev, public relations director of KazMunaiGaz: "We offered oil to the West in exchange for technology, know-how and money." To help attract that money, Kazakhstan established a single investment regime for both domestic and foreign investors, and since 1993 over $40 billion in gross direct foreign investment has flowed in. Now Kazakhstan is churning out 1.2 million bbl. of oil a day - and exports 80%. Nazarbayev plans to triple the volume...

Author: /time Magazine | Title: Coming On Strong | 9/25/2006 | See Source »

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