Word: centralism
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Dates: during 1990-1999
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...these three men need a carrot at all? If markets work so well, why were they burning their vacations on the phone trying to convince central bankers 10,000 miles away that the world depended on a little self-restraint? The problem, the men say, is that the markets are encumbered by all kinds of imperfections. Even tiny flaws create problems. A Thai banker who breaks the rules by passing $100,000 to his brother-in-law puts the whole system at risk...
...several thousand ground troops to Kosovo, an event in nearby Bosnia last week highlighted just how wrong the Clinton Administration was when in 1995 it assured Congress that troops would not stay there long. The Pentagon opened what's basically a Wal-Mart PX at Task Force Eagle, the central base for G.I.s deployed in Bosnia. The 10,000-sq.-ft. facility is good for the morale of the troops, who are restricted to the post for most of their time in Bosnia. The store features souvenir mugs, Beanie Babies, T shirts, electronics, CDs--its best-selling item--and video...
...Central Station...
...post-adolescent form, the play melodramatizes the trivial and passes lightly over the truly significant. It is hard to imagine anybody in the audience actually caring about the conflicts the play poses; even the protagonists seem strangely nonchalant about what would strike most mature people as the play's central conflict--an alleged teenage suicide--preferring instead to fight about who is dating whom and what pain is caused by the breaking of a teenage heart...
...Harvard Square branch of BankBoston is thesecond busiest bank in the nation, following theCitibank in Grand Central Station, in New YorkCity, according to Edward L. Robertson II,BankBoston's regional president...