Word: dollarization
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Dates: during 1980-1989
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...contrast, the activists and residents of Tent City demanded that MIT negotiate and take a more active role in solving the community's problems. Specifically, they demanded that MIT make concessions to the homeless at the site of the planned multi-million dollar University Park development. The development, as it is now envisioned, will provide MIT with more than 100 units of new housing. The proposal has been tied up for several years largely due to strong community resistance to MIT's expansion...
...added that Americans feel they are not getting their money's worth for their education dollar. "American students are near or at the bottom in international education, Finn said...
...least 12% in 1987, to a projected $42 billion. Meanwhile, the amount of debt that farmers owe has dropped an estimated 10%, to $158 billion. Even agricultural exports, which have been too low in recent years to help the U.S. trade deficit much, are improving. Spurred by the falling dollar, overseas sales of farm products are likely to rise nearly 6.5% this year, to $28 billion. Says Agriculture Secretary Richard Lyng: "Over and over again, we get a feeling that things have turned around...
Giant law firms have begun to resemble the huge, dollar- conscious corporations they serve, and are encountering some parallel problems...
...plus years of spiraling growth have transformed the major law firms, leaving many of them more like the corporate world they serve: dollar conscious, competitive, increasingly bureaucratized and less genteel. With 300 attorneys, Cadwalader would have been counted as a giant ten years ago. Now it ranks as merely a large outfit in a field that holds megafirms of 800 plus. The largest, Chicago-based Baker & McKenzie, just broke the 1,000 mark. Many of the behemoths are run by nonattorney managers who operate like corporate chiefs, drumming up sales and plotting growth strategies. Says Richard Santagati, the onetime head...