Word: centralized
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Dates: during 2000-2009
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...took the weekend off from competition to sail an alumni event, the co-ed squad’s top sailors placed fifth at the Hood Trophy regatta hosted by Tufts University. Some less experienced team members also competed this past weekend and collected a fifth-place effort at the Central Series Three regatta at Boston University...
...CENTRAL SERIES FOUR
...month announced that the U.S. is starting to phase out some of its emergency support for banks and financial markets. But he pointedly made no mention of a full-blown "exit strategy," saying that "we must continue reinforcing recovery until it is self-sustaining." When and how governments and central banks pull back is a critical issue that still needs to be coordinated. One of the risks is that inflation could soar due to the explosion of national debt in many countries during the crisis. And early signs suggest governments have wildly different strategies. In Germany, for example, Chancellor Angela...
...that gets to Wikipedia's central dilemma. Chi's research suggests that the encyclopedia thrives on chaos - that the more freewheeling it is, the better it can attract committed volunteers who keep adding to its corpus. But over the years, as Wikipedia has added layers of control to bolster accuracy and fairness, it has developed a kind of bureaucracy. "It may be that the bureaucracy is inevitable when a project like this becomes sufficiently important," Chi says. But who wants to participate in a project lousy with bureaucrats...
...money is not filtering down to the SME sector. Loans are going mainly to politically connected state-owned enterprises, which now comprise just 40% of the economy and create only a quarter of jobs. It's an entrenched situation that dates back to the days of economic central planning, and something that China's communist rulers do not seem to have the political gumption - or indeed the desire - to change. (Watch a video about China?s knockoff electric carmakers...