Word: bottom
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...terrifically readable - and far more convincing - The Bottom Billion, former World Bank research director Paul Collier offers another take on why aid is so ineffective. For one, it's often inefficiently distributed: according to one survey in Ghana, only about 1% of medical aid actually made it to hospitals. And foreign aid is sometimes channeled into military spending - about 11% of the total, according to Collier's best estimate - or squirreled away in Swiss banks by kleptocrats. But Collier primarily blames a phenomenon known in economics circles as "Dutch disease...
...production costs are a key incentive for shooting in Moscow. It's a famously expensive city, but cheap Russian labor can make a positive impact on the bottom line. "The unions in Hollywood are worse than the Russian mob," says Minkovski, who reckons it's 25% cheaper to make a film like You and I in Moscow than...
...less than $100 a month, up from 50% in 1996. By contrast, only 4% of whites earn that little. "At the very top there is a lot of integration," says Frans Cronjé, head of development for the South African Institute of Race Relations in Johannesburg. "But at the bottom it is a different picture...
Long before going green was an international pastime, when the only corporate responsibility was to the bottom line, a small store opened in Brighton, England, selling homemade moisturizers and hair-care products packaged in plastic urine-sample jars. The cosmetics were all-natural, the containers were reusable and the ethos - creating products that were as good for the earth as they were for your skin - was still considered radical, the kind of thing only hippies cared about. But when Anita Roddick opened The Body Shop in 1976, she wasn't thinking about changing the world, just supporting her family while...
...media, for lack of demand. The rise of blogs and news sources tailored to niche audiences, along with the decline of newspapers’ advertising-based business model and a burgeoning school of thought that dismisses even the possibility of objective journalism, have conspired to erode the bottom line at many newspapers and left many journalists waiting for a pink slip. Gloom and doom about the future of journalism has become the norm and, in the minds of many, Murdoch’s acquisition of Dow Jones is but another turn in journalism’s downward spiral. While such...