Word: attractions
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Dates: during 2000-2009
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...will also require a certain amount of buzz-and Singapore is not currently thought of as an exciting city. Not that it isn't a model in many ways. It's admired for its efficient government, first-world infrastructure, solid educational system-a real plus if it is to attract high-income talent from overseas-and clean, crime-free streets. Singapore is regularly named in regional surveys as one of the best places in Asia for expats to live. Per capita income last year was $30,900, equal to that of Japan, and the economy is popping; GDP grew...
...French Riviera in mind when they drew up plans for a 117-hectare residential enclave on Sentosa Island. The hoi polloi need not apply. Luxury homes there cost as much as $20 million; residents have access to a yacht marina and a world-class golf course. To attract rich foreigners, Singapore amended its property laws to allow expat buyers to secure 99-year leases on land. The project is part of a wide-ranging plan to upgrade Sentosa Island for tourism...
...newly legalized farmworkers realized they had better options, they left for the cities instead of staying in low-paying agriculture jobs. Their exodus from the fields opened the door to an even larger wave of illegal immigration. And that raises the question, Will American agriculture ever pay enough to attract American citizens rather than just illegals? If it did, the newly legalized millions who are currently working in the fields might be inclined to stay there. But paying living wages for farmwork would, of course, require the rest of us to pay a lot more for food, become much more...
...what is a fair price for a hot concert ticket? All this competition may finally sort that out. Concert organizers underprice shows to attract interest, but fans end up paying an average of 45% above face value for resold tickets, according to a study by Alan Krueger, economics professor at Princeton University. Sites like StubHub are, in effect, helping to determine the correct price for tickets; even Ticketmaster now uses an auction to price some premium seats. For music fans, that means the days of camping overnight for a front-row ticket are truly over. But they...
...ability to attract private-sector funding could affect Harvard-based research on AIDS, tuberculosis, and other devastating diseases...