Word: built
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Dates: during 2000-2009
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...Zhang Dingli, 36, who worked in a toy factory for a decade. But in early November, the plant closed. He is a victim of an economic transition - a move away from the low-end, low-wage, export-oriented manufacturing on which much of China's rapid growth was built - that has been made more urgent by the global economic crisis. As China's double-digit growth rate plummets, thousands of factories are being shut down and millions of workers are being thrown onto the streets. They will need jobs in the years to come, and the Chinese government is scrambling...
...depiction of the Philippines' experience with overseas migration captures what I have seen in many parts of the country. Most of the newly constructed concrete homes you find in rural areas are built from remittances; people point to the homes and describe them as "from Saudi," "from Dubai," "from Italy," etc. When you ask a youngster what she dreams of being, she will say, "I want to be a nurse, so I can go abroad." The outflow of Filipino workers is about supply and demand. It is about globalization and economic growth. I just hope that this phenomenon is temporary...
...dodgy teeth sell homegrown carrots and potatoes for 25¢ per pound. But look closer, and it's clear that even Lyudinovo isn't frozen in time. A shopping emporium that opened a year ago sells South Korean refrigerators, French yogurt and fake Italian pumps. Several houses are being built on the outskirts - the first new residential construction in more than a decade. And until recently there was plenty of work for everyone at the five factories that employ the bulk of the townsfolk. (See pictures of Russian aristocracy...
...domino effect of the financial crisis because of its unhealthy overdependence on oil, gas and metals, which account for more than three-quarters of export earnings. The collapse in energy and commodity prices since this summer is exposing Russia's fragility: the boom, it turns out, was built on expensive oil, and precious little else. Economic growth, which averaged more than 7% for the past five years, has tumbled and may drop below 2% next year. And for the first time since the collapse of the Soviet Union in 1991, the threat of large-scale unemployment looms. "Money was falling...
...face, but I'm maybe a little more devilish and firmer than people realize," he says, looking very much like a grownup version of the impish comic-strip kid. "You can have a smile and be quite firm--it's tough love with a little bit of humor built...