Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 2000-2009
Sort By: most recent first
(reverse)
...Advocates of globalization are correct that free trade and free markets have raised average incomes around the world. The World Bank reports that the proportion of people living on less than $2 a day shrank from 67% in 1981 to 47% in 2004. But $2 still isn't very much. And other research, such as a 2004 report by the World Commission on the Social Dimension of Globalization, has found that while the average person might be better off in absolute terms, he or she is often relatively worse off: 59% of the planet's population lives in countries with...
...money floods in, Akula has tales of brewing conflict. Consider the time a bank chairman asked if SKS could raise its interest rates. Akula said yes (in most markets it has a monopoly) but that SKS wouldn't do so because it would be exploitative. The banker scoffed that Akula didn't understand economics. Akula shot back that the banker didn't understand customers, who would turn on SKS if they felt abused. "We're maintaining a loyal customer base that will stay with us as they get out of poverty," says Akula...
...long as investors have a long-term view, Akula argues, the social and financial missions of microfinance intertwine. "We're not giving away money here; we expect a return," says Gary Hattem, a managing director of Deutsche Bank, which runs four microfinance funds. "But we do keep our eye on the social-impact side of this. It's very humbling when you go to places where the people coming in to borrow smell like the cows they're raising...
Thanks to the band's ubiquity and decency about rock stardom, Coldplay has nudged its way into a place alongside U2 and Radiohead in the holy trinity of bands that affluent adults consider good, good-hearted and worth breaking the bank to see in concert. But a small cult devoted to hating Coldplay has also arisen--which wouldn't be worth mentioning except that most of its members are music critics and their fury has a Lou Dobbs--on--immigration edge to it. To mark the release of 2005's X&Y, the New York Times' Jon Pareles declared, "Coldplay...
...state of affairs is inevitable. The fact is that we live in a society ruled by an invisible hand, not a philosopher-king. Those who take care not to make waves and to avoid situations in which failure is possible, can parlay their Harvard diplomas into a very sizable bank account...