Word: dollarize
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Dates: during 2000-2009
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...developing countries that's still unaffordable, but with greater use and greater manufacturing, that price will go down," says Roger I. Glass, director of the U.S. National Institutes of Health's Fogarty International Center and former chief of the viral gastroenteritis unit at the cdc in Atlanta, Georgia. One dollar is about the price that Thai doctor Wandee would like to pay for the rotavirus vaccine. Rotavirus is the leading cause of diarrhea in Thai children today. In the 40 years since Wandee began championing oral rehydration at the Ramathibodi Hospital in Bangkok, deaths from diarrhea have dropped...
Nevertheless, even a multibillion-dollar chain like Zara needs ideas. And a designer like Nicolas Ghesquičre, who has been in fashion's driving seat of late with his razor-sharp focus on silhouette and tailoring, can still turn the business on its head. His buglike silhouette of skinny black legs and poufy miniskirts, first shown last February, has resurfaced on countless other runways this season. Fashion insiders--the people who determine which trends will make it onto department-store shelves or fashion-magazine covers and, eventually, to Zara--need a bad boy to shock them into a new look...
...more or less unscathed. Specifically, only a hundred of Harvard’s roughly 6,000 undergraduates are escaping the ivory tower this semester, despite lucrative policies implemented by former President Summers intended to encourage international study. For example, Harvard students only have to pay the relatively small thousand-dollar student services fee to the Office of International Programs should they study abroad...
...late eighties were boom years on Wall Street, as the stock market climbed and the dollar strengthened. Venture capital firms and the first hedge funds cropped up; savvy traders earned seven-digit bonus checks. On the back of the success of “The Bonfire of the Vanities” and the popularity of Gordon Gekko, the “greed is good” phenomenon made banking sexy. And major firms began aggressive recruitment schemes at top college campuses, seeking the best minds to return the highest figures...
...year, it’s been in articles in the Wall Street Journal, USA Today, and in half a dozen national magazines. And the corps advertises that many investment banks and consulting firms, including Bain, McKinsey, and Morgan Stanley, allow students to defer their jobs instead of turning the dollar down...