Word: damming
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Dates: during 2000-2009
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...Evans, an expert in Indonesia's political history and founder of the pemilu.asia website. The presidential vote is scheduled to take place in July and, if no candidate takes a majority, a run-off of the top two candidates will take place in September. (See pictures of a deadly dam burst near Jakarta...
...Some locals reported having seen cracks in the banks of the dirt dam, built in the 1930s by the Dutch colonial government. "Indonesia's problem with spending money on maintenance has taken its toll," says Tom Shreve, president director of Glendale Partners, an infrastructure consulting firm. "The city has a lot to do in maintaining and improving infrastructure." The Indonesian government, which has responded to the disaster by sending police and soldiers to help clear the area, has acknowledged that more needs to be done to maintain and improve the country's creaky infrastructure. "This shows that we need...
People stood on higher ground, watching their houses collapse under the force of a wall of water that rushed through their crowded neighborhood in Jakarta. Five days later, as the death toll approached 100 after the bursting of a 75-year-old dam on March 27, rescue workers were still searching through the mud where dozens more bodies are feared to have been buried. And the blame game over who or what was responsible for the collapse continued...
...with alarming frequency. More than 200 are believed to have died in January when an overloaded ferry capsized in bad weather off the coast of Sulawesi. While natural catastrophes like flooding and landslides take a human toll every year in Indonesia, many say manmade disasters like the March 27 dam collapse can be prevented. "The country is taking the right steps but the speed will depend on changes in the regulatory framework," predicts Adnan Tan, head of sales and trading at CLSA Indonesia. "It is sometimes hard to get things through parliament because of competing interests...
Further, consumers fear that once they break that large bill, they won't be able to stop spending the rest. "Once that barrier is passed, it's like a dam gets broken," says Srivastava. "And we've found that when people decide to spend, they'll spend more with the bigger bill than with the smaller bill." Researchers have labeled this phenomenon the "what the hell" effect: "I've broken the hundred; it's gone from my wallet. What the hell, I may as well blow off the rest." So consumers, afraid that the "what the hell" effect will drain...